Fair Value Measurements (Tables)

9 Months Ended

Mar. 31, 2020

Fair Value Disclosures [Abstract]

Schedule of Assets Measured at Fair Value on a Recurring Basis

The assets measured at fair value on a recurring basis are as follows:

As of	3/31/2020		6/30/2019
Assets:	Total - Level 1		Total - Level 1
Investment in marketable securities:
Basic materials	$	262,000	$	537,000
REITs and real estate companies		258,000		816,000
Consumer cyclical		3,000		636,000
Energy		-		286,000
Financial services		-		331,000
Other		3,000		73,000
	$	526,000	$	2,679,000

Schedule of Assets Measured at Fair Value on a Non-Recurring Basis

The following table shows the fair value hierarchy for these assets measured at fair value on a non-recurring basis as follows:

					Net loss for the nine months
Assets	Level 3		March 31, 2020		ended March 31, 2020
Other non-marketable investments	$	230,000	$	230,000	$	(64,000	)

					Net loss for the nine months
Assets	Level 3		June 30, 2019		ended March 31, 2019
Other non-marketable investments	$	351,000	$	351,000	$	(61,000	)