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FINANCIAL INFORMATION BY BUSINESS SEGMENT (Tables)
 3 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block] The following schedule details total revenues and income by business segment:

(dollars in thousands)
 
Investment
Management
Services
     
Investment
Management
Services - Canada
     
Corporate
Investments
   
Consolidated
 
Three months ended September 30, 2015
                           
Net operating revenues
  $ 1,268   1   $ 330   2   $ -     $ 1,598  
Net other income
  $ -       $ -       $ 534     $ 534  
Income (loss) before income taxes
  $ (1,335 )     $ (45 )     $ 526     $ (854 )
Depreciation and amortization
  $ 64       $ 16       $ -     $ 80  
Capital expenditures
  $ 5       $ -       $ -     $ 5  
Gross identifiable assets at September 30, 2015
  $ 6,259       $ 1,686       $ 20,856     $ 28,801  
Deferred tax asset
                              $ -  
Consolidated total assets at September 30, 2015
                              $ 28,801  
Three months ended September 30, 2014
                                   
Net operating revenues
  $ 2,635   1   $ 662   2   $ -     $ 3,297  
Net other income
  $ -       $ -       $ 220     $ 220  
Income (loss) before income taxes
  $ (384 )     $ 68       $ 220     $ (96 )
Depreciation
  $ 63       $ 20       $ -     $ 83  
Capital expenditures
  $ 35       $ -       $ -     $ 35  
1  
Includes operating revenues from USGIF of $1,176 and $2,588 for the three months ended September 30, 2015 and September 30, 2014, respectively.
2  
Includes operating revenues from Galileo Funds of $267 and $545; and other advisory clients of $61 and $113 for the three months ended September 30, 2015 and September 30, 2014, respectively.