INVESTMENTS (Tables)

6 Months Ended

Dec. 31, 2015

Disclosure Text Block Supplement [Abstract]

Unrealized Gain (Loss) on Investments [Table Text Block]

The following details the components of the Company’s investments recorded as fair value as of December 31, 2015, and June 30, 2015.

	December 31, 2015
(dollars in thousands)	Cost		Gains		(Losses)			Fair Value
Trading securities1
Offshore fund	$	1,184	$	-	$	(836	)	$	348
Mutual funds - Fixed income		12,790		79		(1	)		12,868
Mutual funds - Domestic equity		535		-		(180	)		355
Other		46		-		(46	)		-
Total trading securities	$	14,555	$	79	$	(1,063	)	$	13,571

Available-for-sale securities2
Common Stock - Domestic	$	109	$	-	$	(5	)	$	104
Common Stock - International		615		70		(39	)		646
Corporate debt		1,393		-		(250	)		1,143
Mutual funds - Fixed income		1,229		14		(37	)		1,206
Mutual funds - Domestic equity		394		-		-			394
Other		162		-		(7	)		155
Total available-for-sale securities3	$	3,902	$	84	$	(338	)	$	3,648

Held-to-maturity securities
Corporate debt	$	750	$	-	$	-		$	750
Total held-to-maturity securities	$	750	$	-	$	-		$	750

	June 30, 2015
(dollars in thousands)	Cost		Gains		(Losses)			Fair Value
Trading securities1
Offshore fund	$	1,184	$	-	$	(703	)	$	481
Mutual funds - Fixed income		14,691		68		(5	)		14,754
Mutual funds - Domestic equity		535		-		(130	)		405
Other		81		-		(81	)		-
Total trading securities	$	16,491	$	68	$	(919	)	$	15,640

Available-for-sale securities2
Common Stock - Domestic	$	535	$	316	$	(9	)	$	842
Common Stock - International		695		309		(39	)		965
Corporate debt		1,433		-		(817	)		616
Mutual funds - Fixed income		1,227		9		(22	)		1,214
Mutual funds - Domestic equity		543		-		(80	)		463
Other		169		1		(7	)		163
Total available-for-sale securities3	$	4,602	$	635	$	(974	)	$	4,263

1	Unrealized and realized gains and losses on trading securities are included in earnings in the statement of operations.

2	Unrealized gains and losses on available-for-sale securities are excluded from earnings and recorded in other comprehensive income as a separate component of shareholders’ equity until realized.

3	Net unrealized gains (losses) on available-for-sale securities gross and net of tax as of December 31, 2015, are $(254) and $(254), respectively, and as of June 30, 2015, are $(339) and $(339), respectively.

Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]

The following tables show the gross unrealized losses and fair values of available-for-sale investment securities with unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position:

	December 31, 2015
	Less Than 12 Months					12 Months or Greater					Total
			Gross					Gross					Gross
			Unrealized					Unrealized					Unrealized
(dollars in thousands)	Fair Value		Losses			Fair Value		Losses			Fair Value		Losses
Available-for-sale securities
Common stock - Domestic	$	104	$	(5	)	$	-	$	-		$	104	$	(5	)
Common stock - International		157		(21	)		28		(18	)		185		(39	)
Corporate debt		-		-			931		(250	)		931		(250	)
Mutual funds - Fixed income		2		-			190		(37	)		192		(37	)
Mutual funds - Domestic equity		-		-			-		-			-		-
Other		102		(7	)		-		-			102		(7	)
Total available-for-sale securities	$	365	$	(33	)	$	1,149	$	(305	)	$	1,514	$	(338	)

	June 30, 2015
	Less Than 12 Months					12 Months or Greater					Total
			Gross					Gross					Gross
			Unrealized					Unrealized					Unrealized
(dollars in thousands)	Fair Value		Losses			Fair Value		Losses			Fair Value		Losses
Available-for-sale securities
Common stock - Domestic	$	77	$	(7	)	$	107	$	(2	)	$	184	$	(9	)
Common stock - International		114		(23	)		39		(16	)		153		(39	)
Corporate debt		386		(817	)		-		-			386		(817	)
Mutual funds - Fixed income		67		(7	)		139		(15	)		206		(22	)
Mutual funds - Domestic equity		463		(80	)		-		-			463		(80	)
Other		112		(7	)		-		-			112		(7	)
Total available-for-sale securities	$	1,219	$	(941	)	$	285	$	(33	)	$	1,504	$	(974	)

Gain (Loss) on Investments [Table Text Block]

The following summarizes investment income reflected in earnings for the periods discussed:

	Six Months Ended December 31,						Three Months Ended December 31,
(dollars in thousands)	2015			2014			2015			2014
Investment Income
Realized gains on sales of available-for-sale securities	$	531		$	382		$	-		$	86
Realized losses on sales of trading securities		(35	)		(6	)		-			(6	)
Unrealized losses on trading securities		(133	)		(526	)		(69	)		(295	)
Realized foreign currency gains		52			23			17			4
Other-than-temporary declines in available-for-sale securities		(259	)		-			(199	)		-
Other-than-temporary declines in securities held at cost		(258	)		-			(258	)		-
Dividend and interest income		365			400			238			264
Total Investment Income (Loss)	$	263		$	273		$	(271	)	$	53

- Definition

Tabular disclosure of the realized and unrealized gains and losses reported in the statement of income which have resulted from the sale and holding of marketable securities, respectively, as well as the sale or disposal of cost method investments. Such amounts would include realized gains and losses on the sale or disposal of trading, available-for-sale, and held-to-maturity securities, unrealized gains and losses on trading securities, unrealized gains and losses on available-for-sale and held-to-maturity securities transferred to the trading securities category, realized gains and losses on the sale or disposal of cost method investments, and losses recognized for other than temporary impairments (OTTI) of such investments.

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