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STOCKHOLDERS' EQUITY (Tables)
 12 Months Ended
Jun. 30, 2016
Disclosure Text Block Supplement [Abstract]  
Schedule of Share-based Compensation, Activity [Table Text Block] Stock option transactions under the various employee stock option plans for the past three fiscal years are summarized below:

 
 
(dollars in thousands, except price data)
  
 
 
Options
    
 
Weighted Average
Exercise Price
  
Weighted
Average Remaining
Contractual Life in Years
  
 
Aggregate Intrinsic
Value (net of tax)
Outstanding June 30, 2013
    
29,000
    
$
17.03
         
Granted
    
-
      
n/a
         
Exercised
    
-
      
n/a
         
Forfeited
    
(7,000
)
  
$
11.74
         
Outstanding June 30, 2014
    
22,000
    
$
18.72
         
Granted
    
-
      
n/a
         
Exercised
    
-
      
n/a
         
Forfeited
    
-
      
n/a
         
Outstanding June 30, 2015
    
22,000
    
$
18.72
         
Granted
    
-
      
n/a
         
Exercised
    
-
      
n/a
         
Forfeited
    
(20,000
)
  
$
19.36
         
Outstanding June 30, 2016
    
2,000
    
$
12.31
  
                          3.27
  
 $                              12
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block] Class A common stock options outstanding and exercisable under the employee stock option plans at June 30, 2016, were as follows:

   
Options Outstanding
   
Options Exercisable
  
 
 
Date of
Option
Grant
  
Number
Outstanding
    
Remaining Life
in Years
    
Weighted
Average
Exercise
Price ($)
    
Number
Exercisable
    
Weighted
Average
Option Price
($)
  
1997 Plan Class A
  
10/07/09
    
2,000
      
3.27
    
$
12.31
      
2,000
    
$
12.31
  
         
2,000
      
3.27
    
$
12.31
      
2,000
    
$
12.31