XML 52 R39.htm IDEA: XBRL DOCUMENT v3.7.0.1
DISCONTINUED OPERATIONS (Tables)
12 Months Ended
Jun. 30, 2017
Distributor [Member] | Components in Income [Member]  
DISCONTINUED OPERATIONS (Tables) [Line Items]  
Disposal Groups, Including Discontinued Operations [Table Text Block]
The components of loss from discontinued operations of the distributor were as follows:

 
 
Year Ended June 30,
 
(dollars in thousands)
 
2017
   
2016
   
2015
 
Revenues
                 
  Distribution fees
 
$
-
   
$
425
   
$
1,408
 
  Shareholder services fees
   
-
     
183
     
630
 
 
   
-
     
608
     
2,038
 
Expenses
                       
  Employee compensation and benefits
   
-
     
188
     
491
 
  General and administrative
   
-
     
77
     
152
 
  Platform fees
   
-
     
347
     
1,201
 
  Advertising
   
-
     
14
     
275
 
 
   
-
     
626
     
2,119
 
Loss from discontinued operations of distributor before income taxes
   
-
     
(18
)
   
(81
)
Tax benefit
   
-
     
-
     
-
 
Loss from discontinued operations of distributor
 
$
-
   
$
(18
)
 
$
(81
)