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INVESTMENTS (Tables) | 9 Months Ended
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Mar. 31, 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 as fair value as of March 31, 2017, and June 30, 2016.
|  | March 31, 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 |  |  |  | - |  |  |  | (172 | ) |  |  | 363 |
Other |  |  | 45 |  |  |  | - |  |  |  | (45 | ) |  |  | - |
Offshore fund |  |  | 1,184 |  |  |  | - |  |  |  | (754 | ) |  |  | 430 |
Total trading securities |  | $ | 10,648 |  |  | $ | 50 |  |  | $ | (978 | ) |  | $ | 9,720 |
Available-for-sale securities2 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock - Domestic |  | $ | 109 |  |  | $ | 16 |  |  | $ | - |  |  | $ | 125 |
Common stock - International |  |  | 575 |  |  |  | 5 |  |  |  | (233 | ) |  |  | 347 |
Corporate debt |  |  | 1,038 |  |  |  | 397 |  |  |  | - |  |  |  | 1,435 |
Mutual funds - Fixed income |  |  | 1,148 |  |  |  | 1 |  |  |  | (2 | ) |  |  | 1,147 |
Mutual funds - Domestic equity |  |  | 394 |  |  |  | 14 |  |  |  | - |  |  |  | 408 |
Other |  |  | 55 |  |  |  | 7 |  |  |  | - |  |  |  | 62 |
Total available-for-sale securities3 |  | $ | 3,319 |  |  | $ | 440 |  |  | $ | (235 | ) |  | $ | 3,524 |
|  | 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 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 March 31, 2017, are $205 and $205, respectively, and as of June 30, 2016, are $45 and $45, respectively.
Gain (Loss) on Investments [Table Text Block] | The following summarizes investment income (loss) reflected in earnings for the periods discussed:
(dollars in thousands) |  | Nine Months Ended March 31, |  |  | Three Months Ended March 31, |
Investment Income |  | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
Realized gains on sales of available-for-sale securities |  | $ | 31 |  |  | $ | 545 |  |  | $ | - |  |  | $ | 14 |
Realized gains (losses) on sales of trading securities |  |  | - |  |  |  | (32 | ) |  |  | - |  |  |  | 3 |
Unrealized gains (losses) on trading securities |  |  | 16 |  |  |  | (103 | ) |  |  | 42 |  |  |  | 30 |
Realized foreign currency gains (losses) |  |  | (25 | ) |  |  | 24 |  |  |  | (20 | ) |  |  | (28 | )
Other-than-temporary declines in available-for-sale securities |  |  | (16 | ) |  |  | (259 | ) |  |  | - |  |  |  | - |
Other-than-temporary declines in securities held at cost |  |  | - |  |  |  | (258 | ) |  |  | - |  |  |  | - |
Dividend and interest income |  |  | 657 |  |  |  | 494 |  |  |  | 139 |  |  |  | 129 |
Total Investment Income |  | $ | 663 |  |  | $ | 411 |  |  | $ | 161 |  |  | $ | 148 |
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. The Company reviewed the gross unrealized losses shown as of March 31, 2017, and determined that the losses were not other-than-temporary based on consideration of the nature of the investment and the cause, severity and duration of the loss.
|  | March 31, 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 |  |  | 295 |  |  |  | (233 | ) |  |  | - |  |  |  | - |  |  |  | 295 |  |  |  | (233 | )
Corporate debt |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Mutual funds - Fixed income |  |  | - |  |  |  | - |  |  |  | 98 |  |  |  | (2 | ) |  |  | 98 |  |  |  | (2 | )
Mutual funds - Domestic equity |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Other |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total available-for-sale securities |  | $ | 295 |  |  | $ | (233 | ) |  | $ | 98 |  |  | $ | (2 | ) |  | $ | 393 |  |  | $ | (235 | )
|  | 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 March 31, 2017, and June 30, 2016, for the major categories of U.S. Global’s investments measured at fair value on a recurring basis:
|  | March 31, 2017 |
|  |  |  |  | Significant |  |  | Significant |  |  |  |
|  |  |  |  | Other |  |  | Unobservable |  |  |  |
|  | Quoted Prices |  |  | Inputs |  |  | 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 |  |  | 363 |  |  |  | - |  |  |  | - |  |  |  | 363 |
Other |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Offshore fund investment measured at net asset value1 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 430 |
Total trading securities |  |  | 9,290 |  |  |  | - |  |  |  | - |  |  |  | 9,720 |
Available-for-sale securities |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock - Domestic |  |  | 125 |  |  |  | - |  |  |  | - |  |  |  | 125 |
Common stock - International |  |  | 347 |  |  |  | - |  |  |  | - |  |  |  | 347 |
Corporate debt |  |  | 1,435 |  |  |  | - |  |  |  | - |  |  |  | 1,435 |
Mutual funds - Fixed income |  |  | 1,147 |  |  |  | - |  |  |  | - |  |  |  | 1,147 |
Mutual funds - Domestic equity |  |  | 408 |  |  |  | - |  |  |  | - |  |  |  | 408 |
Other |  |  | 62 |  |  |  | - |  |  |  | - |  |  |  | 62 |
Total available-for-sale securities |  |  | 3,524 |  |  |  | - |  |  |  | - |  |  |  | 3,524 |
Total |  | $ | 12,814 |  |  | $ | - |  |  | $ | - |  |  | $ | 13,244 |
|  | June 30, 2017 |
|  |  |  |  | Significant |  |  | Significant |  |  |  |
|  |  |  |  | Other |  |  | Unobservable |  |  |  |
|  | Quoted Prices |  |  | Inputs |  |  | 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 for which unobservable inputs (Level 3) were used in determining fair value during the nine months ended March 31, 2017, and March 31, 2016:
Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis |
|  | March 31, 2017 |  |  | March 31, 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 |  |  | - |  |  |  | (1,001 | )
Ending Balance |  | $ | - |  |  | $ | 212 |

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