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FAIR VALUE DISCLOSURES (Tables) | 9 Months Ended
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Mar. 31, 2015
Fair Value Disclosures [Abstract] |
Fair Value Measurements on Recurring Basis | The following presents fair value measurements, as of March 31, 2015, and June 30, 2014, for the major categories of U.S. Global’s investments measured at fair value on a recurring basis:
|  | Fair Value Measurement using
|  | March 31, 2015
(dollars in thousands) |  | Quoted Prices (Level 1) |  | Significant Other Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3) |  | Total
Trading securities |  |  |  |  |  |  |  |
Offshore fund |  | $ | — |  |  | $ | 465 |  |  | $ | — |  |  | $ | 465 |
Mutual funds - Fixed income |  | 15,580 |  |  | — |  |  | — |  |  | 15,580 |
Mutual funds - Domestic equity |  | 398 |  |  | — |  |  | — |  |  | 398 |
Other |  | — |  |  | — |  |  | — |  |  | — |
Total trading securities |  | 15,978 |  |  | 465 |  |  | — |  |  | 16,443 |
Available-for-sale securities |  |  |  |  |  |  |  |
Common stock - Domestic |  | 929 |  |  | — |  |  | — |  |  | 929 |
Common stock - International |  | 839 |  |  | 1 |  |  | — |  |  | 840 |
Corporate debt |  | — |  |  | 97 |  |  | 574 |  |  | 671 |
Mutual funds - Fixed income |  | 1,229 |  |  | — |  |  | — |  |  | 1,229 |
Mutual funds - Domestic equity |  | 467 |  |  | — |  |  | — |  |  | 467 |
Other |  | 167 |  |  | — |  |  | — |  |  | 167 |
Total available-for-sale securities |  | 3,631 |  |  | 98 |  |  | 574 |  |  | 4,303 |
Total Investments Measured at Fair Value on a Recurring Basis |  | $ | 19,609 |  |  | $ | 563 |  |  | $ | 574 |  |  | $ | 20,746 |
|  | Fair Value Measurement using
|  | June 30, 2014
(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 Investments Measured at Fair Value on a Recurring Basis |  | $ | 21,672 |  |  | $ | 2,091 |  |  | $ | 250 |  |  | $ | 24,013 |
Summary of Investments Measured at Fair Value on Recurring Basis | The following table is a reconciliation of investments for which unobservable inputs (Level 3) were used in determining fair value during the nine months ended March 31, 2015, and March 31, 2014:
|  | Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis
|  | March 31, 2015 |  | March 31, 2014
(dollars in thousands) |  | Corporate Debt |  | Common Stock - International |  | Corporate Debt |  | Other
Beginning Balance |  | $ | 250 |  |  | $ | 95 |  |  | $ | — |  |  | $ | 163 |
Return of capital/principal payments received |  | (19 | ) |  | — |  |  | — |  |  | (43 | )
Total gains or losses (realized/unrealized) |  |  |  |  |  |  |  |
Included in earnings (investment income) |  | — |  |  | — |  |  | — |  |  | — |
Included in other comprehensive income |  | — |  |  | 5 |  |  | — |  |  | 5 |
Purchases |  | — |  |  | — |  |  | 250 |  |  | 160 |
Sales |  | — |  |  | — |  |  | — |  |  | — |
Transfers into Level 3 |  | 343 |  |  | — |  |  | — |  |  | — |
Transfers out of Level 3 |  | — |  |  | (100 | ) |  | — |  |  | (285 | )
Ending Balance |  | $ | 574 |  |  | $ | — |  |  | $ | 250 |  |  | $ | — |

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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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