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Investment in Marketable Securities, Net (Tables)
3 Months Ended
Sep. 30, 2020
Investments, Debt and Equity Securities [Abstract]  
Schedule of Changes in Unrealized Gains and Losses on Investments

At September 30, 2020 and June 30, 2020, all of the Company’s marketable securities are classified as trading securities. The change in the unrealized gains and losses on these investments are included in earnings. Trading securities are summarized as follows:

 

          Gross     Gross     Net     Fair  
Investment   Cost     Unrealized Gain     Unrealized Loss     Unrealized Loss     Value  
                               
As of September 30, 2020                        
Corporate                              
Equities   $ 5,727,000     $ 102,000     $ (4,948,000 )   $ (4,846,000 )   $ 881,000  
                                         
As of June 30, 2020                                  
Corporate                                        
Equities   $ 5,788,000     $ 108,000     $ (5,026,000 )   $ (4,918,000 )   $ 870,000  
Schedule of Net Gains (Losses) on Marketable Securities

Net gains (losses) on marketable securities on the statement of operations is comprised of realized and unrealized gains (losses). Below is the composition of the net gains (losses) on marketable securities for the three months ended September 30, 2020 and 2019, respectively.

 

For the three months ended September 30,   2020     2019  
Realized gain (loss) on marketable securities, net   $ 24,000     $ (4,000 )
Unrealized gain (loss) on marketable securities, net     2,000       (62,000 )
Unrealized gain (loss) on marketable securities related to Comstock     70,000       (225,000 )
Net gain (loss) on marketable securities   $ 96,000     $ (291,000 )