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FINANCIAL INFORMATION BY BUSINESS SEGMENT (Tables) | 6 Months Ended
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Dec. 31, 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 |
Six months ended December 31, 2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net operating revenues |  | $ | 1,916 |  | 1 |  | $ | 623 |  | 2 |  | $ | - |  |  | $ | 2,539 |
Net other income |  | $ | - |  |  |  | $ | - |  |  |  | $ | 263 |  |  | $ | 263 |
Income (loss) from continuing operations before income taxes |  | $ | (3,216 | ) |  |  | $ | (89 | ) |  |  | $ | 257 |  |  | $ | (3,048 | )
Loss from discontinued operations |  | $ | (18 | ) |  |  | $ | - |  |  |  | $ | - |  |  | $ | (18 | )
Depreciation and amortization |  | $ | 128 |  |  |  | $ | 32 |  |  |  | $ | - |  |  | $ | 160 |
Capital expenditures |  | $ | 13 |  |  |  | $ | - |  |  |  | $ | - |  |  | $ | 13 |
Gross identifiable assets at December 31, 2015 |  | $ | 5,224 |  |  |  | $ | 1,607 |  |  |  | $ | 20,403 |  |  | $ | 27,234 |
Deferred tax asset |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | - |
Consolidated total assets at December 31, 2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 27,234 |
Six months ended December 31, 2014 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net operating revenues |  | $ | 3,304 |  | 1 |  | $ | 1,181 |  | 2 |  | $ | - |  |  | $ | 4,485 |
Net other income |  | $ | - |  |  |  | $ | - |  |  |  | $ | 273 |  |  | $ | 273 |
Income (loss) from continuing operations before income taxes |  | $ | (1,206 | ) |  |  | $ | 43 |  |  |  | $ | 270 |  |  | $ | (893 | )
Loss from discontinued operations |  | $ | (42 | ) |  |  | $ | - |  |  |  | $ | - |  |  | $ | (42 | )
Depreciation |  | $ | 126 |  |  |  | $ | 38 |  |  |  | $ | - |  |  | $ | 164 |
Capital expenditures |  | $ | 40 |  |  |  | $ | - |  |  |  | $ | - |  |  | $ | 40 |
Three months ended December 31, 2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net operating revenues |  | $ | 996 |  | 3 |  | $ | 293 |  | 4 |  | $ | - |  |  | $ | 1,289 |
Net other loss |  | $ | - |  |  |  | $ | - |  |  |  | $ | (271 | ) |  | $ | (271 | )
Income (loss) from continuing operations before income taxes |  | $ | (1,873 | ) |  |  | $ | (44 | ) |  |  | $ | (270 | ) |  | $ | (2,187 | )
Loss from discontinued operations |  | $ | (25 | ) |  |  | $ | - |  |  |  | $ | - |  |  | $ | (25 | )
Depreciation and amortization |  | $ | 64 |  |  |  | $ | 16 |  |  |  | $ | - |  |  | $ | 80 |
Capital expenditures |  | $ | 8 |  |  |  | $ | - |  |  |  | $ | - |  |  | $ | 8 |
Three months ended December 31, 2014 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net operating revenues |  | $ | 1,339 |  | 3 |  | $ | 519 |  | 4 |  | $ | - |  |  | $ | 1,858 |
Net other income |  | $ | - |  |  |  | $ | - |  |  |  | $ | 53 |  |  | $ | 53 |
Income (loss) from continuing operations before income taxes |  | $ | (810 | ) |  |  | $ | (25 | ) |  |  | $ | 51 |  |  | $ | (784 | )
Loss from discontinued operations |  | $ | (54 | ) |  |  | $ | - |  |  |  | $ | - |  |  | $ | (54 | )
Depreciation |  | $ | 63 |  |  |  | $ | 18 |  |  |  | $ | - |  |  | $ | 81 |
Capital expenditures |  | $ | 5 |  |  |  | $ | - |  |  |  | $ | - |  |  | $ | 5 |
1 | Includes operating revenues from USGIF of $1,730 and $3,226 for the six months ended December 31, 2015, and December 31, 2014, respectively.
2 | Includes operating revenues from Galileo mutual funds of $496 and $975 for the six months ended December 31, 2015, and December 31, 2014, respectively.
3 | Includes operating revenues from USGIF of $902 and $1,308 for the three months ended December 31, 2015, and December 31, 2014, respectively.
4 | Includes operating revenues from Galileo mutual funds of $229 and $430 for the three months ended December 31, 2015, and December 31, 2014, respectively.

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