XML 59 R21.htm IDEA: XBRL DOCUMENT
v2.4.0.8

FAIR VALUE DISCLOSURES (Tables) | 3 Months Ended
--- | ---
Sep. 30, 2013
Fair Value Disclosures [Abstract] |
Fair Value Measurements on Recurring Basis | The following table presents fair value measurements, as of September 30, 2013, for the three major categories of U.S. Global’s investments measured at fair value on a recurring basis:
|  | Fair Value Measurement using (in thousands) |
|  | September 30, 2013 |
|  | Quoted Prices |  |  | Significant Other Inputs |  |  | Significant Unobservable Inputs |  |  | Total |
|  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |  |  |  |
Trading securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  | $ | 23 |  |  | $ | - |  |  | $ | - |  |  | $ | 23 |
Offshore fund |  |  | - |  |  |  | 902 |  |  |  | - |  |  |  | 902 |
Mutual funds |  |  | 3,942 |  |  |  | - |  |  |  | - |  |  |  | 3,942 |
Total trading securities |  |  | 3,965 |  |  |  | 902 |  |  |  | - |  |  |  | 4,867 |
Available-for-sale securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock |  |  | 1,642 |  |  |  | - |  |  |  | 97 |  |  |  | 1,739 |
Venture capital investments |  |  | - |  |  |  | - |  |  |  | 163 |  |  |  | 163 |
Offshore fund |  |  | - |  |  |  | 4,778 |  |  |  | - |  |  |  | 4,778 |
Mutual funds |  |  | 1,544 |  |  |  | - |  |  |  | - |  |  |  | 1,544 |
Total available-for-sale securities |  |  | 3,186 |  |  |  | 4,778 |  |  |  | 260 |  |  |  | 8,224 |
Total Investments |  | $ | 7,151 |  |  | $ | 5,680 |  |  | $ | 260 |  |  | $ | 13,091 |
Summary of Investments Measured at Fair Value on Recurring Basis | The following table presents additional information about investments measured at fair value on a recurring basis and for which the Company has utilized significant unobservable inputs to determine fair value:
Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis |
|  | Three Months Ended September 30, |
|  | 2013 |  |  | 2012 |
(Dollars in Thousands) |  | Venture Capital Investments |  |  | Common Stock |  |  | Venture Capital Investments |  |  | Common Stock |
Beginning Balance |  | $ | 163 |  |  | $ | 95 |  |  | $ | 168 |  |  | $ | - |
Return of capital |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total gains or losses (realized/unrealized) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Included in earnings (investment income) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Included in other comprehensive income |  |  | - |  |  |  | 2 |  |  |  | - |  |  |  | - |
Purchases, sales, issuances, and settlements |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Transfers in and/or out of Level 3 |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Ending Balance |  | $ | 163 |  |  | $ | 97 |  |  | $ | 168 |  |  | $ | - |

X
- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19190-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a),(b) -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19279-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration