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Investments (Tables) | 12 Months Ended
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Jun. 30, 2014
Investments, All Other Investments [Abstract] |
Schedule of Trading and Available-for-Sale Securities | The following details the components of the Company’s investments recorded at fair value as of June 30, 2014, and 2013:
|  | June 30, 2014
(dollars in thousands) |  | Cost |  | Gains |  | (Losses) |  | Fair Value
Trading securities 1 |  |  |  |  |  |  |  |
Offshore fund |  | $ | 1,184 |  |  | $ | — |  |  | $ | (186 | ) |  | $ | 998 |
Mutual funds - Fixed income |  | 16,241 |  |  | 92 |  |  | — |  |  | 16,333 |
Mutual funds - Domestic equity |  | 535 |  |  | — |  |  | (76 | ) |  | 459 |
Other |  | 107 |  |  | — |  |  | (80 | ) |  | 27 |
Total trading securities |  | $ | 18,067 |  |  | $ | 92 |  |  | $ | (342 | ) |  | $ | 17,817 |
Available-for-sale securities 2 |  |  |  |  |  |  |  |
Common stock - Domestic |  | $ | 535 |  |  | $ | 586 |  |  | $ | (3 | ) |  | $ | 1,118 |
Common stock - International |  | 607 |  |  | 802 |  |  | — |  |  | 1,409 |
Corporate debt |  | 1,706 |  |  | — |  |  | (74 | ) |  | 1,632 |
Mutual funds - Fixed income |  | 1,228 |  |  | 21 |  |  | (2 | ) |  | 1,247 |
Mutual funds - Domestic equity |  | 543 |  |  | 7 |  |  | — |  |  | 550 |
Other |  | 232 |  |  | 9 |  |  | (1 | ) |  | 240 |
Total available-for-sale securities 3 |  | $ | 4,851 |  |  | $ | 1,425 |  |  | $ | (80 | ) |  | $ | 6,196 |
|  | June 30, 2013
(dollars in thousands) |  | Cost |  | Gains |  | (Losses) |  | Fair Value
Trading securities 1 |  |  |  |  |  |  |  |
Offshore fund |  | $ | 1,184 |  |  | $ | — |  |  | $ | (398 | ) |  | $ | 786 |
Mutual funds - International equity |  | 516 |  |  | — |  |  | (156 | ) |  | 360 |
Mutual funds - Fixed income |  | 3,116 |  |  | 75 |  |  | — |  |  | 3,191 |
Mutual funds - Domestic equity |  | 535 |  |  | — |  |  | (136 | ) |  | 399 |
Other |  | 107 |  |  | — |  |  | (85 | ) |  | 22 |
Total trading securities |  | $ | 5,458 |  |  | $ | 75 |  |  | $ | (775 | ) |  | $ | 4,758 |
Available-for-sale securities 2 |  |  |  |  |  |  |  |
Common stock - Domestic |  | $ | 266 |  |  | $ | 313 |  |  | $ | — |  |  | $ | 579 |
Common stock - International |  | 604 |  |  | 216 |  |  | (5 | ) |  | 815 |
Offshore fund |  | 5,000 |  |  | — |  |  | (288 | ) |  | 4,712 |
Mutual funds - Fixed income |  | 1,000 |  |  | 4 |  |  | — |  |  | 1,004 |
Mutual funds - Domestic equity |  | 1,010 |  |  | 756 |  |  | — |  |  | 1,766 |
Other |  | 185 |  |  | — |  |  | (8 | ) |  | 177 |
Total available-for-sale securities 3 |  | $ | 8,065 |  |  | $ | 1,289 |  |  | $ | (301 | ) |  | $ | 9,053 |
1 | Unrealized and realized gains and losses on trading securities are included in earnings in the statement of operations.
2 | Unrealized gains and losses on available-for-sale securities are excluded from earnings and recorded in other comprehensive income (loss) as a separate component of shareholders’ equity until realized.
3 | Net unrealized gains on available-for-sale securities gross and net of tax as of June 30, 2014, are $1,345 and $888, respectively, and as of June 30, 2013, are $988 and $652, respectively.
Investment Income (Loss) Reflected in Earnings | The following summarizes investment income (loss) reflected in earnings for the periods presented:
(dollars in thousands) |  | Year Ended June 30,
Investment Income (Loss) |  | 2014 |  | 2013 |  | 2012
Realized losses on sales of trading securities |  | $ | (163 | ) |  | $ | (245 | ) |  | $ | (2 | )
Realized gains on sales of available-for-sale securities |  | 1,044 |  |  | 266 |  |  | 179 |
Unrealized gains (losses) on trading securities |  | 450 |  |  | 45 |  |  | (485 | )
Realized gain on Galileo acquisition |  | 290 |  |  | — |  |  | — |
Realized foreign currency gains (losses) |  | 1 |  |  | 1 |  |  | (2 | )
Other-than-temporary declines in available-for-sale securities |  | (3 | ) |  | (47 | ) |  | (19 | )
Dividend and interest income |  | 526 |  |  | 188 |  |  | 152 |
Total Investment Income (Loss) |  | $ | 2,145 |  |  | $ | 208 |  |  | $ | (177 | )
Summary of Gross Unrealized Losses and Fair Values of Available-for-Sale Investment Securities | The following tables show the gross unrealized losses and fair values of available-for-sale investment securities with unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position:
|  | June 30, 2014
|  | Less Than 12 Months |  | 12 Months or Greater |  | Total
(dollars in thousands) |  | Fair Value |  | Gross Unrealized Losses |  | Fair Value |  | Gross Unrealized Losses |  | Fair Value |  | Gross Unrealized Losses
Available-for-sale securities |  |  |  |  |  |  |  |  |  |  |  |
Common stock - Domestic |  | $ | 125 |  |  | $ | (3 | ) |  | $ | — |  |  | $ | — |  |  | $ | 125 |  |  | $ | (3 | )
Corporate debt |  | 1,382 |  |  | (74 | ) |  | — |  |  | — |  |  | 1,382 |  |  | (74 | )
Mutual funds - Fixed income |  | 151 |  |  | (2 | ) |  | — |  |  | — |  |  | 151 |  |  | (2 | )
Other |  | 118 |  |  | (1 | ) |  | — |  |  | — |  |  | 118 |  |  | (1 | )
Total available-for-sale securities |  | $ | 1,776 |  |  | $ | (80 | ) |  | $ | — |  |  | $ | — |  |  | $ | 1,776 |  |  | $ | (80 | )
|  | June 30, 2013
|  | Less Than 12 Months |  | 12 Months or Greater |  | Total
(dollars in thousands) |  | Fair Value |  | Gross Unrealized Losses |  | Fair Value |  | Gross Unrealized Losses |  | Fair Value |  | Gross Unrealized Losses
Available-for-sale securities |  |  |  |  |  |  |  |  |  |  |  |
Common stock - International |  | $ | 95 |  |  | $ | (5 | ) |  | $ | — |  |  | $ | — |  |  | $ | 95 |  |  | $ | (5 | )
Offshore fund |  | — |  |  | — |  |  | 4,712 |  |  | (288 | ) |  | 4,712 |  |  | (288 | )
Other |  | 166 |  |  | (8 | ) |  | — |  |  | — |  |  | 166 |  |  | (8 | )
Total available-for-sale securities |  | $ | 261 |  |  | $ | (13 | ) |  | $ | 4,712 |  |  | $ | (288 | ) |  | $ | 4,973 |  |  | $ | (301 | )
Fair Value Measurements on Recurring Basis | The following presents fair value measurements, as of each balance sheet date, for the major categories of U.S. Global’s investments measured at fair value on a recurring basis:
|  | June 30, 2014
|  | Fair Value Measurement using
(dollars in thousands) |  | Quoted Prices (Level 1) |  | Significant Other Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3) |  | Total
Trading securities |  |  |  |  |  |  |  |
Offshore fund |  | $ | — |  |  | $ | 998 |  |  | $ | — |  |  | $ | 998 |
Mutual funds - Fixed income |  | 16,333 |  |  | — |  |  | — |  |  | 16,333 |
Mutual funds - Domestic equity |  | 459 |  |  | — |  |  | — |  |  | 459 |
Other |  | 27 |  |  | — |  |  | — |  |  | 27 |
Total trading securities |  | 16,819 |  |  | 998 |  |  | — |  |  | 17,817 |
Available-for-sale securities |  |  |  |  |  |  |  |
Common stock - Domestic |  | 1,118 |  |  | — |  |  | — |  |  | 1,118 |
Common stock - International |  | 1,406 |  |  | 3 |  |  | — |  |  | 1,409 |
Corporate debt |  | 292 |  |  | 1,090 |  |  | 250 |  |  | 1,632 |
Mutual funds - Fixed income |  | 1,247 |  |  | — |  |  | — |  |  | 1,247 |
Mutual funds - Domestic equity |  | 550 |  |  | — |  |  | — |  |  | 550 |
Other |  | 240 |  |  | — |  |  | — |  |  | 240 |
Total available-for-sale securities |  | 4,853 |  |  | 1,093 |  |  | 250 |  |  | 6,196 |
Total |  | $ | 21,672 |  |  | $ | 2,091 |  |  | $ | 250 |  |  | $ | 24,013 |
|  | June 30, 2013
|  | Fair Value Measurement using
(dollars in thousands) |  | Quoted Prices (Level 1) |  | Significant Other Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3) |  | Total
Trading securities |  |  |  |  |  |  |  |
Offshore fund |  | $ | — |  |  | $ | 786 |  |  | $ | — |  |  | $ | 786 |
Mutual funds - International equity |  | 360 |  |  | — |  |  | — |  |  | 360 |
Mutual funds - Fixed income |  | 3,191 |  |  | — |  |  | — |  |  | 3,191 |
Mutual funds - Domestic equity |  | 399 |  |  | — |  |  | — |  |  | 399 |
Other |  | 22 |  |  | — |  |  | — |  |  | 22 |
Total trading securities |  | 3,972 |  |  | 786 |  |  | — |  |  | 4,758 |
Available-for-sale securities |  |  |  |  |  |  |  |
Common stock - Domestic |  | 579 |  |  | — |  |  | — |  |  | 579 |
Common stock - International |  | 720 |  |  | — |  |  | 95 |  |  | 815 |
Offshore fund |  | — |  |  | 4,712 |  |  | — |  |  | 4,712 |
Mutual funds - Fixed income |  | 1,004 |  |  | — |  |  | — |  |  | 1,004 |
Mutual funds - Domestic equity |  | 1,766 |  |  | — |  |  | — |  |  | 1,766 |
Other |  | 14 |  |  | — |  |  | 163 |  |  | 177 |
Total available-for-sale securities |  | 4,083 |  |  | 4,712 |  |  | 258 |  |  | 9,053 |
Total |  | $ | 8,055 |  |  | $ | 5,498 |  |  | $ | 258 |  |  | $ | 13,811 |
Summary of Investments Measured at Fair Value on Recurring Basis | The following table is a reconciliation of investments recorded at fair value for which unobservable inputs (Level 3) were used in determining fair value during the years ended June 30, 2014, and 2013:
|  | Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis
|  | Year Ended June 30,
|  | 2014 |  | 2013
(dollars in thousands) |  | Common Stock - International |  | Corporate Debt |  | Other |  | Common Stock - International |  | Other
Beginning Balance |  | $ | 95 |  |  | $ | — |  |  | $ | 163 |  |  | $ | — |  |  | $ | 168 |
Return of capital |  | — |  |  | — |  |  | (43 | ) |  | — |  |  | — |
Total gains or losses (realized/unrealized) |  |  |  |  |  |  |  |  |  |
Included in earnings (investment income) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Included in other comprehensive income (loss) |  | 5 |  |  | — |  |  | 5 |  |  | — |  |  | (5 | )
Purchases |  | — |  |  | 250 |  |  | 160 |  |  | 95 |  |  | — |
Sales |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Transfers into Level 3 |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Transfers out of Level 3 |  | (100 | ) |  | — |  |  | (285 | ) |  | — |  |  | — |
Ending Balance |  | $ | — |  |  | $ | 250 |  |  | $ | — |  |  | $ | 95 |  |  | $ | 163 |

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- Definition Tabular disclosure of fair value of investments in debt and equity securities in an unrealized loss position categorized neither as held-to-maturity nor trading securities. + References No definition available. + Details
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- 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=36462937&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=36462937&loc=d3e19207-110258 + Details
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- 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 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 Reference 2: 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=36462937&loc=d3e19279-110258 + Details
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- Definition Tabular disclosure of the realized and unrealized gains and losses reported in the statement of income which have resulted from the sale and holding of marketable securities, respectively, as well as the sale or disposal of cost method investments. Such amounts would include realized gains and losses on the sale or disposal of trading, available-for-sale, and held-to-maturity securities, unrealized gains and losses on trading securities, unrealized gains and losses on available-for-sale and held-to-maturity securities transferred to the trading securities category, realized gains and losses on the sale or disposal of cost method investments, and losses recognized for other than temporary impairments (OTTI) of such investments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 25 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=28360136&loc=d3e22054-111558 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.M) -URI http://asc.fasb.org/extlink&oid=27011274&loc=d3e87990-122713 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27405-111563 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 9 -Subparagraph (c)-(e) -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27357-111563 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 5 -Section M + Details
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