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INVESTMENTS (Tables)

12 Months Ended

Jun. 30, 2018

Disclosure Text Block Supplement [Abstract]

Unrealized Gain (Loss) on Investments [Table Text Block]

The following details the components of the Company’s investments recorded at fair value as of June 30, 2018, and 2017:

		June 30, 2018
(dollars in thousands)		Cost				Unrealized Gains				Unrealized (Losses)				Fair Value
Trading securities1
Mutual funds - Fixed income		$	7,785			$	22			$	-			$	7,807
Mutual funds - Domestic equity			535				-				(163	)			372
Other			45				-				(45	)			-
Offshore fund			-				-				-				-
Total trading securities			8,365				22				(208	)			8,179
Available-for-sale securities2
Common stock - Domestic			-				-				-				-
Common stock - International			2,554				3,213				(94	)			5,673
Corporate debt			-				-				-				-
Mutual funds - Fixed income			1,000				-				(9	)			991
Mutual funds - Domestic equity			394				28				-				422
Other			-				-				-				-
Total available-for-sale securities3			3,948				3,241				(103	)			7,086
Total securities at fair value		$	12,313			$	3,263			$	(311	)		$	15,265

		June 30, 2017
(dollars in thousands)		Cost				Unrealized Gains				Unrealized (Losses)				Fair Value
Trading securities1
Mutual funds - Fixed income		$	8,884			$	50			$	(7	)		$	8,927
Mutual funds - Domestic equity			535				-				(157	)			378
Other			45				-				(45	)			-
Offshore fund			1,184				-				(769	)			415
Total trading securities			10,648				50				(978	)			9,720
Available-for-sale securities2
Common stock - Domestic			109				4				-				113
Common stock - International			191				12				-				203
Corporate debt			1,042				427				-				1,469
Mutual funds - Fixed income			1,148				1				(5	)			1,144
Mutual funds - Domestic equity			394				12				-				406
Other			56				10				-				66
Total available-for-sale securities3			2,940				466				(5	)			3,401
Total securities at fair value		$	13,588			$	516			$	(983	)		$	13,121

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 (loss) 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 June 30, 2018, are $3,138 and $2,089, respectively, and as of June 30, 2017, are $461 and $461, respectively.

Gain (Loss) on Securities [Table Text Block]

The following summarizes investment income (loss) reflected in earnings for the periods presented.

(dollars in thousands)		Year Ended June 30,
Investment Income		2018				2017
Realized gains on sales of available-for-sale securities		$	669			$	31
Realized losses on sales of trading securities			(736	)			-
Unrealized gains on trading securities			742				15
Realized foreign currency losses			(59	)			(37	)
Other-than-temporary declines in available-for-sale securities			-				(411	)
Other-than-temporary declines in securities held at cost			-				(72	)
Dividend and interest income			888				820
Total Investment Income		$	1,504			$	346

Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]

The following summarizes investment income (loss) reflected in earnings for the periods presented.

		June 30, 2018
		Less Than 12 Months								12 Months or Greater								Total
						Gross								Gross								Gross
(dollars in thousands)		Fair Value				Unrealized Losses				Fair Value				Unrealized Losses				Fair Value				Unrealized Losses
Available-for-sale securities
Common stock - Domestic		$	-			$	-			$	-			$	-			$	-			$	-
Common stock - International			39				(94	)			-				-				39				(94	)
Corporate debt			-				-				-				-				-				-
Mutual funds - Fixed income			991				(9	)			-				-				991				(9	)
Mutual funds - Domestic equity			-				-				-				-				-				-
Other			-				-				-				-				-				-
Total available-for-sale securities		$	1,030			$	(103	)		$	-			$	-			$	1,030			$	(103	)

		June 30, 2017
		Less Than 12 Months								12 Months or Greater								Total
						Gross								Gross								Gross
(dollars in thousands)		Fair Value				Unrealized Losses				Fair Value				Unrealized Losses				Fair Value				Unrealized Losses
Available-for-sale securities
Common stock - Domestic		$	-			$	-			$	-			$	-			$	-			$	-
Common stock - International			-				-				-				-				-				-
Corporate debt			-				-				-				-				-				-
Mutual funds - Fixed income			-				-				95				(5	)			95				(5	)
Mutual funds - Domestic equity			-				-				-				-				-				-
Other			-				-				-				-				-				-
Total available-for-sale securities		$	-			$	-			$	95			$	(5	)		$	95			$	(5	)

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

The following presents fair value measurements, as of each balance sheet date, for the major categories of U.S. Global’s investments measured at fair value on a recurring basis:

		June 30, 2018
		Quoted Prices				Significant Other Inputs				Significant Unobservable Inputs
(dollars in thousands)		(Level 1)				(Level 2)				(Level 3)				Total
Trading securities
Mutual funds - Fixed income		$	7,807			$	-			$	-			$	7,807
Mutual funds - Domestic equity			372				-				-				372
Other			-				-				-				-
Offshore fund investment measured at net asset value1															-
Total trading securities			8,179				-				-				8,179
Available-for-sale securities
Common stock - Domestic			-				-				-				-
Common stock - International			5,673				-				-				5,673
Corporate debt			-				-				-				-
Mutual funds - Fixed income			991				-				-				991
Mutual funds - Domestic equity			422				-				-				422
Other			-				-				-				-
Total available-for-sale securities			7,086				-				-				7,086
Total securities at fair value		$	15,265			$	-			$	-			$	15,265

		June 30, 2017
		Quoted Prices				Significant Other Inputs				Significant Unobservable 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			378				-				-				378
Other			-				-				-				-
Offshore fund investment measured at net asset value1															415
Total trading securities			9,305				-				-				9,720
Available-for-sale securities
Common stock - Domestic			113				-				-				113
Common stock - International			203				-				-				203
Corporate debt			1,469				-				-				1,469
Mutual funds - Fixed income			1,144				-				-				1,144
Mutual funds - Domestic equity			406				-				-				406
Other			66				-				-				66
Total available-for-sale securities			3,401				-				-				3,401
Total securities at fair value		$	12,706			$	-			$	-			$	13,121

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.

Equity Method Investments [Table Text Block]

Summarized income statement information on the Galileo Partners Fund for the period of the Company’s investment is as follows:

Galileo Partners Fund
Summary Financial Information
For the Period from August 31, 2017 (investment) to June 30, 2018
(dollars in thousands)
Realized gains on sales of investments		$	6,254
Decrease in unrealized gains on investments			(28	)
Fund fees and expenses, including performance fees			(1,677	)
Net income of fund		$	4,549

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