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BUSINESS COMBINATION (Tables)
12 Months Ended
Jun. 30, 2016
Business Combinations [Abstract]  
Business Acquisition, Pro Forma Information [Table Text Block] The following amounts associated with the acquisition of Galileo, subsequent to the June 1, 2014, effective date, are included in the Consolidated Statements of Operations:

(dollars in thousands)
 
Year Ended
 June 30, 2014
 
Operating revenues
 
$
10,866
 
Net loss
   
(856
)
Net loss attributable to U.S. Global Investors, Inc.
   
(916
)
         
Net Loss per Share
       
Loss from continuing operations - basic
 
$
(0.04
)
Loss from continuing operations - diluted
  $
(0.04
)
Business Combination, Separately Recognized Transactions [Table Text Block] The information below reflects certain nonrecurring adjustments to remove the Company’s equity in earnings of Galileo and include amortization of the intangible asset.

(dollars in thousands)
 
Year Ended
June 30, 2014
 
Total revenues
 
$
234
 
Net income
   
18
 
Net income attributable to U.S. Global Investors, Inc.
   
12
 
Costs associated with the acquisition1
   
33
 
1
Costs associated with the Galileo acquisition are included in general and administrative expenses in the Consolidated Statements of Operations.