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FAIR VALUE DISCLOSURES (Tables)

9 Months Ended

Mar. 31, 2016

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

The following presents fair value measurements, as of March 31, 2016, and June 30, 2015, for the major categories of U.S. Global’s investments measured at fair value on a recurring basis:

		March 31, 2016
		Quoted Prices				Significant Other Inputs				Significant Unobservable Inputs
(dollars in thousands)		(Level 1)				(Level 2)				(Level 3)				Total
Trading securities
Offshore fund		$	-			$	345			$	-			$	345
Mutual funds - Fixed income			12,414				-				-				12,414
Mutual funds - Domestic equity			343				-				-				343
Other			-				-				-				-
Total trading securities			12,757				345				-				13,102
Available-for-sale securities
Common stock - Domestic			118				-				-				118
Common stock - International			620				-				-				620
Corporate debt			1,001				294				212				1,507
Mutual funds - Fixed income			1,209				-				-				1,209
Mutual funds - Domestic equity			399				-				-				399
Other			160				-				-				160
Total available-for-sale securities			3,507				294				212				4,013
Total		$	16,264			$	639			$	212			$	17,115

		June 30, 2015
		Quoted Prices				Significant Other Inputs				Significant Unobservable Inputs
(dollars in thousands)		(Level 1)				(Level 2)				(Level 3)				Total
Trading securities
Offshore fund		$	-			$	481			$	-			$	481
Mutual funds - Fixed income			14,754				-				-				14,754
Mutual funds - Domestic equity			405				-				-				405
Other			-				-				-				-
Total trading securities			15,159				481				-				15,640
Available-for-sale securities
Common stock - Domestic			842				-				-				842
Common stock - International			965				-				-				965
Corporate debt			-				77				539				616
Mutual funds - Fixed income			1,214				-				-				1,214
Mutual funds - Domestic equity			463				-				-				463
Other			163				-				-				163
Total available-for-sale securities			3,647				77				539				4,263
Total		$	18,806			$	558			$	539			$	19,903

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The following table is a reconciliation of investments for which unobservable inputs (Level 3) were used in determining fair value during the nine months ended March 31, 2016, and March 31, 2015:

Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis
		March 31, 2016				March 31, 2015
(dollars in thousands)		Corporate Debt				Corporate Debt
Beginning Balance		$	539			$	250
Return of capital			(13	)			(19	)
Total gains or losses (realized/unrealized)
Included in earnings (investment income)			(23	)			-
Included in other comprehensive income (loss)			710				-
Purchases			-				-
Sales			-				-
Transfers into Level 3			-				343
Transfers out of Level 3			(1,001	)			-
Ending Balance		$	212			$	574

X

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a),(b)
-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258

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X

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19279-110258

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No definition available.

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