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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS ) (Tables)
9 Months Ended
Mar. 31, 2017
Disclosure Text Block [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The following table presents change in accumulated other comprehensive income (loss) (“AOCI”) by component:

(dollars in thousands)
 
Unrealized gains (losses)
on available-for-sale
investments 1
   
Foreign currency
adjustment
   
Total
 
 Nine Months Ended March 31, 2017
                 
 Balance at June 30, 2016
 
$
45
   
$
(194
)
 
$
(149
)
Other comprehensive income (loss) before reclassifications
   
175
     
(27
)
   
148
 
Tax effect
   
-
     
-
     
-
 
Amount reclassified from AOCI
   
(15
)
   
-
     
(15
)
Tax effect
   
-
     
-
     
-
 
Net other comprehensive income (loss) for nine months ended March 31, 2017
   
160
     
(27
)
   
133
 
 Balance at March 31, 2017
 
$
205
   
$
(221
)
 
$
(16
)
                         
 Three Months Ended March 31, 2017
                       
 Balance at December 31, 2016
 
$
399
   
$
(229
)
 
$
170
 
Other comprehensive income (loss) before reclassifications
   
(194
)
   
8
     
(186
)
Tax effect
   
-
     
-
     
-
 
Amount reclassified from AOCI
   
-
     
-
     
-
 
Tax effect
   
-
     
-
     
-
 
Net other comprehensive income (loss) for quarter
   
(194
)
   
8
     
(186
)
 Balance at March 31, 2017
 
$
205
   
$
(221
)
 
$
(16
)
(dollars in thousands)
 
Unrealized gains (losses)
on available-for-sale
investments 1
   
Foreign currency
adjustment
   
Total
 
 Nine Months Ended March 31, 2016
                 
 Balance at June 30, 2015
 
$
(339
)
 
$
(144
)
 
$
(483
)
Other comprehensive income (loss) before reclassifications
   
774
     
(50
)
   
724
 
Tax effect
   
-
     
-
     
-
 
Amount reclassified from AOCI
   
(286
)
   
-
     
(286
)
Tax effect
   
-
     
-
     
-
 
Net other comprehensive income (loss) for nine months ended March 31, 2016
   
488
     
(50
)
   
438
 
 Balance at March 31, 2016
 
$
149
   
$
(194
)
 
$
(45
)
                         
 Three Months Ended March 31, 2016
                       
 Balance at December 31, 2015
 
$
(254
)
 
$
(257
)
 
$
(511
)
Other comprehensive income before reclassifications
   
417
     
63
     
480
 
Tax effect
   
-
     
-
     
-
 
Amount reclassified from AOCI
   
(14
)
   
-
     
(14
)
Tax effect
   
-
     
-
     
-
 
Net other comprehensive income for quarter
   
403
     
63
     
466
 
 Balance at March 31, 2016
 
$
149
   
$
(194
)
 
$
(45
)
1.
Amounts reclassified from unrealized gains (losses) on available-for-sale investments, net of tax, were recorded in investment income (loss) on the Consolidated Statements of Operations.