XML 37 R28.htm IDEA: XBRL DOCUMENT v3.10.0.1

FINANCIAL INFORMATION BY BUSINESS SEGMENT (Tables)

3 Months Ended

Sep. 30, 2018

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
Three months ended September 30, 2018
Net operating revenues		$	1,044			$	179			$	-			$	1,223
Investment loss		$	-			$	(6	)		$	(901	)		$	(907	)
Loss from equity method investments		$	-			$	-			$	(7	)		$	(7	)
Other income		$	5			$	4			$	-			$	9
Loss before income taxes		$	(405	)		$	(237	)		$	(946	)		$	(1,588	)
Depreciation and amortization		$	56			$	2			$	-			$	58
Capital expenditures		$	-			$	-			$	-			$	-
Gross identifiable assets at September 30, 2018		$	6,368			$	1,647			$	18,843			$	26,858
Deferred tax asset														$	-
Consolidated total assets at September 30, 2018														$	26,858
Three months ended September 30, 2017
Net operating revenues		$	1,272			$	218			$	-			$	1,490
Investment income		$	-			$	-			$	209			$	209
Income from equity method investments		$	-			$	-			$	1,513			$	1,513
Other income		$	3			$	-			$	-			$	3
Income (loss) before income taxes		$	(398	)		$	(76	)		$	1,720			$	1,246
Depreciation and amortization		$	58			$	3			$	-			$	61
Capital expenditures		$	-			$	-			$	-			$	-

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration