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STOCKHOLDERS' EQUITY (Tables)
 12 Months Ended
Jun. 30, 2017
Disclosure Text Block Supplement [Abstract]  
Share-based Compensation, Activity [Table Text Block]
Stock option transactions under the various employee stock option plans for the past three fiscal years are summarized below:

(dollars in thousands, except price data)
  
Options
    
Weighted Average
Exercise Price
    
Weighted
Average Remaining
Contractual Life in Years
    
Aggregate Intrinsic
Value (net of tax)
  
Outstanding June 30, 2014
    
22,000
    
$
18.72
    
 
 
    
 
 
  
Granted
    
-
      
n/a
                  
Exercised
    
-
      
n/a
                  
Forfeited
    
-
      
n/a
                  
Outstanding June 30, 2015
    
22,000
    
$
18.72
                  
Granted
    
-
      
n/a
                  
Exercised
    
-
      
n/a
                  
Forfeited
    
(20,000
)
  
$
19.36
                  
Outstanding June 30, 2016
    
2,000
    
$
12.31
                  
Granted
    
-
      
n/a
                  
Exercised
    
-
      
n/a
                  
Forfeited
    
-
      
n/a
                  
Outstanding June 30, 2017
    
2,000
    
$
12.31
      
2.27
    
$
-
  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]
Class A common stock options outstanding and exercisable under the employee stock option plans at June 30, 2017, were as follows:

 
Options Outstanding
    
Options Exercisable
  
 
Date of
Option
Grant
  
Number
Outstanding
    
Remaining Life
in Years
    
Weighted
Average
Exercise
Price ($)
    
Number
Exercisable
    
Weighted
Average
Option Price
($)
  
1997 Plan Class A
  
10/07/09
    
2,000
      
2.27
    
$
12.31
      
2,000
    
$
12.31
  
 
  
 
    
2,000
      
2.27
    
$
12.31
      
2,000
    
$
12.31