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FINANCIAL INFORMATION BY BUSINESS SEGMENT (Tables)
 6 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The Company operates principally in three business segments: providing investment management services to USGIF, offshore clients and ETF clients; investment management services in Canada; and investing for its own account in an effort to add growth and value to its cash position. The following schedule details total revenues and income by business segment:

(dollars in thousands)
  
Investment Management Services
    
Investment Management
Services - Canada
    
Corporate Investments
    
Consolidated
  
Six months ended December 31, 2017
                        
Net operating revenues
  
$
2,514
    
$
969
    
$
-
    
$
3,483
  
Net other income
  
$
7
    
$
10
    
$
3,183
    
$
3,200
  
Income (loss) before income taxes
  
$
(915
)
  
$
305
    
$
3,182
    
$
2,572
  
Depreciation and amortization
  
$
116
    
$
6
    
$
-
    
$
122
  
Capital expenditures
  
$
-
    
$
-
    
$
-
    
$
-
  
Gross identifiable assets at December 31, 2017
  
$
8,702
    
$
2,137
    
$
34,236
    
$
45,075
  
Deferred tax asset
                          
$
-
  
Consolidated total assets at December 31, 2017
                    
$
45,075
  
Six months ended December 31, 2016
                                
Net operating revenues
  
$
3,020
    
$
603
    
$
-
    
$
3,623
  
Net other income
  
$
-
    
$
-
    
$
502
    
$
502
  
Income (loss) before income taxes
  
$
(223
)
  
$
30
    
$
492
    
$
299
  
Depreciation and amortization
  
$
119
    
$
8
    
$
-
    
$
127
  
Capital expenditures
  
$
-
    
$
-
    
$
-
    
$
-
  
Three months ended December 31, 2017
                                
Net operating revenues
  
$
1,242
    
$
751
    
$
-
    
$
1,993
  
Net other income
  
$
5
    
$
10
    
$
1,460
    
$
1,475
  
Income (loss) before income taxes
  
$
(515
)
  
$
381
    
$
1,460
    
$
1,326
  
Depreciation and amortization
  
$
58
    
$
3
    
$
-
    
$
61
  
Capital expenditures
  
$
-
    
$
-
    
$
-
    
$
-
  
Three months ended December 31, 2016
                                
Net operating revenues
  
$
1,339
    
$
303
    
$
-
    
$
1,642
  
Net other income
  
$
-
    
$
-
    
$
249
    
$
249
  
Income (loss) before income taxes
  
$
(275
)
  
$
33
    
$
257
    
$
15
  
Depreciation and amortization
  
$
59
    
$
4
    
$
-
    
$
63
  
Capital expenditures
  
$
-
    
$
-
    
$
-
    
$
-