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INVESTMENTS (Tables)
12 Months Ended
Jun. 30, 2017
Disclosure Text Block Supplement [Abstract]  
Unrealized Gain (Loss) on Investments [Table Text Block]
The following details the components of the Company’s investments recorded at fair value as of June 30, 2017, and 2016:

 
 
June 30, 2017
 
(dollars in thousands)
 
Cost
   
Gains
   
(Losses)
   
Fair Value
 
Trading securities1
                       
Mutual funds - Fixed income
 
$
8,884
   
$
50
   
$
(7
)
 
$
8,927
 
Mutual funds - Domestic equity
   
535
     
-
     
(157
)
   
378
 
Other
   
45
     
-
     
(45
)
   
-
 
Offshore fund
   
1,184
     
-
     
(769
)
   
415
 
Total trading securities
 
$
10,648
   
$
50
   
$
(978
)
 
$
9,720
 
 
                               
Available-for-sale securities2
                               
Common stock - Domestic
 
$
109
   
$
4
   
$
-
   
$
113
 
Common stock - International
   
191
     
12
     
-
     
203
 
Corporate debt4
   
1,042
     
427
     
-
     
1,469
 
Mutual funds - Fixed income
   
1,148
     
1
     
(5
)
   
1,144
 
Mutual funds - Domestic equity
   
394
     
12
     
-
     
406
 
Other
   
56
     
10
     
-
     
66
 
Total available-for-sale securities3
 
$
2,940
   
$
466
   
$
(5
)
 
$
3,401
 
 
 
June 30, 2016
 
(dollars in thousands)
 
Cost
   
Gains
   
(Losses)
   
Fair Value
 
Trading securities1
                       
Mutual funds - Fixed income
 
$
9,284
   
$
124
   
$
-
   
$
9,408
 
Mutual funds - Domestic equity
   
535
     
-
     
(197
)
   
338
 
Other
   
45
     
-
     
(45
)
   
-
 
Offshore fund
   
1,184
     
-
     
(826
)
   
358
 
Total trading securities
 
$
11,048
   
$
124
   
$
(1,068
)
 
$
10,104
 
 
                               
Available-for-sale securities2
                               
Common stock - Domestic
 
$
109
   
$
21
   
$
-
   
$
130
 
Common stock - International
   
613
     
16
     
(83
)
   
546
 
Corporate debt
   
1,038
     
86
     
-
     
1,124
 
Mutual funds - Fixed income
   
1,226
     
18
     
(23
)
   
1,221
 
Mutual funds - Domestic equity
   
394
     
2
     
-
     
396
 
Other
   
56
     
8
     
-
     
64
 
Total available-for-sale securities3
 
$
3,436
   
$
151
   
$
(106
)
 
$
3,481
 
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 (loss) 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 June 30, 2017, are $461 and $461, respectively, and as of June 30, 2016, are $45 and $45, respectively.
4
Corporate debt matures in 2024.
Gain (Loss) on Investments [Table Text Block]
The following summarizes investment income (loss) reflected in earnings for the periods presented.

(dollars in thousands)
 
Year Ended June 30,
 
Investment Income
 
2017
   
2016
   
2015
 
Realized gains on sales of available-for-sale securities
 
$
31
   
$
532
   
$
591
 
Realized losses on sales of trading securities
   
-
     
(25
)
   
(1
)
Realized gains (losses) on sales of securities classified as other investments
   
-
     
3
     
(30
)
Unrealized gains (losses) on trading securities
   
15
     
(93
)
   
(601
)
Realized foreign currency gains (losses)
   
(37
)
   
43
     
71
 
Other-than-temporary declines in available-for-sale securities
   
(411
)
   
(259
)
   
(247
)
Other-than-temporary declines in securities held at cost
   
(72
)
   
(258
)
   
-
 
Dividend and interest income
   
820
     
542
     
651
 
Total Investment Income
 
$
346
   
$
485
   
$
434
 
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.

 
 
June 30, 2017
 
 
 
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
 
$
-
   
$
-
   
$
-
   
$
-
   
$
-
   
$
-
 
Common stock - International
   
-
     
-
     
-
     
-
     
-
     
-
 
Corporate debt
   
-
     
-
     
-
     
-
     
-
     
-
 
Mutual funds - Fixed income
   
-
     
-
     
95
     
(5
)
   
95
     
(5
)
Mutual funds - Domestic equity
   
-
     
-
     
-
     
-
     
-
     
-
 
Other
   
-
     
-
     
-
     
-
     
-
     
-
 
Total available-for-sale securities
 
$
-
   
$
-
   
$
95
   
$
(5
)
 
$
95
   
$
(5
)
 
 
June 30, 2016
 
 
 
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
 
$
-
   
$
-
   
$
-
   
$
-
   
$
-
   
$
-
 
Common stock - International
   
246
     
(60
)
   
23
     
(23
)
   
269
     
(83
)
Corporate debt
   
-
     
-
     
-
     
-
     
-
     
-
 
Mutual funds - Fixed income
   
1
     
-
     
201
     
(23
)
   
202
     
(23
)
Mutual funds - Domestic equity
   
-
     
-
     
-
     
-
     
-
     
-
 
Other
   
-
     
-
     
-
     
-
     
-
     
-
 
Total available-for-sale securities
 
$
247
   
$
(60
)
 
$
224
   
$
(46
)
 
$
471
   
$
(106
)
Fair Value, Assets Measured on Recurring Basis [Table Text Block]
The following presents fair value measurements, as of each balance sheet date, for the major categories of U.S. Global’s investments measured at fair value on a recurring basis:

 
 
June 30, 2017
 
 
       
Significant
   
Significant
       
 
 
Quoted Prices
   
Other
Inputs
   
Unobservable
Inputs
       
(dollars in thousands)
 
(Level 1)
   
(Level 2)
   
(Level 3)
   
Total
 
Trading securities
                       
Mutual funds - Fixed income
 
$
8,927
   
$
-
   
$
-
   
$
8,927
 
Mutual funds - Domestic equity
   
378
     
-
     
-
     
378
 
Other
   
-
     
-
     
-
     
-
 
Offshore fund investment measured at net asset value1
                           
415
 
Total trading securities
   
9,305
     
-
     
-
     
9,720
 
Available-for-sale securities
                               
Common stock - Domestic
   
113
     
-
     
-
     
113
 
Common stock - International
   
203
     
-
     
-
     
203
 
Corporate debt
   
1,469
     
-
     
-
     
1,469
 
Mutual funds - Fixed income
   
1,144
     
-
     
-
     
1,144
 
Mutual funds - Domestic equity
   
406
     
-
     
-
     
406
 
Other
   
66
     
-
     
-
     
66
 
Total available-for-sale securities
   
3,401
     
-
     
-
     
3,401
 
Total
 
$
12,706
   
$
-
   
$
-
   
$
13,121
 
 
 
June 30, 2016
 
 
       
Significant
   
Significant
       
 
 
Quoted Prices
   
Other
Inputs
   
Unobservable
Inputs
       
(dollars in thousands)
 
(Level 1)
   
(Level 2)
   
(Level 3)
   
Total
 
Trading securities
                       
Mutual funds - Fixed income
 
$
9,408
   
$
-
   
$
-
   
$
9,408
 
Mutual funds - Domestic equity
   
338
     
-
     
-
     
338
 
Other
   
-
     
-
     
-
     
-
 
Offshore fund investment measured at net asset value1
                           
358
 
Total trading securities
   
9,746
     
-
     
-
     
10,104
 
Available-for-sale securities
                               
Common stock - Domestic
 
$
130
   
$
-
   
$
-
   
$
130
 
Common stock - International
   
546
     
-
     
-
     
546
 
Corporate debt
   
1,124
     
-
     
-
     
1,124
 
Mutual funds - Fixed income
   
1,221
     
-
     
-
     
1,221
 
Mutual funds - Domestic equity
   
396
     
-
     
-
     
396
 
Other
   
64
     
-
     
-
     
64
 
Total available-for-sale securities
   
3,481
     
-
     
-
     
3,481
 
Total
 
$
13,227
   
$
-
   
$
-
   
$
13,585
 
1  
In accordance with Subtopic 820-10, certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Consolidated Balance Sheets.
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
The following table is a reconciliation of investments recorded at fair value for which unobservable inputs (Level 3) were used in determining fair value during the years ended June 30, 2017, and 2016:

Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis
 
 
 
June 30, 2017
   
June 30, 2016
 
(dollars in thousands)
       
Corporate Debt
 
Beginning Balance
 
$
-
   
$
539
 
Return of capital
   
-
     
(13
)
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
   
-
     
-
 
    Transfers out of Level 3
   
-
     
(1,213
)
Ending Balance
 
$
-
   
$
-