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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
3 Months Ended
Sep. 30, 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
 
 Three Months Ended September 30, 2017
                 
 Balance at June 30, 2017
 
$
461
   
$
(197
)
 
$
264
 
Other comprehensive income before reclassifications
   
9,140
     
36
     
9,176
 
Tax effect
   
-
     
-
     
-
 
Amount reclassified from AOCI
   
(7
)
   
-
     
(7
)
Tax effect
   
-
     
-
     
-
 
Net other comprehensive income for quarter
   
9,133
     
36
     
9,169
 
 Balance at September 30, 2017
 
$
9,594
   
$
(161
)
 
$
9,433
 
(dollars in thousands)
 
Unrealized gains (losses) on available-for-sale investments 1
   
Foreign currency adjustment
   
Total
 
 Three Months Ended September 30, 2016
                 
 Balance at June 30, 2016
 
$
45
   
$
(194
)
 
$
(149
)
Other comprehensive income (loss) before reclassifications
   
709
     
(10
)
   
699
 
Tax effect
   
-
     
-
     
-
 
Amount reclassified from AOCI
   
(16
)
   
-
     
(16
)
Tax effect
   
-
     
-
     
-
 
Net other comprehensive income (loss) for quarter
   
693
     
(10
)
   
683
 
 Balance at September 30, 2016
 
$
738
   
$
(204
)
 
$
534
 
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.