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INVESTMENTS (Tables) | 9 Months Ended
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Mar. 31, 2020
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 March 31, 2020, and June 30, 2019.
|  | March 31, 2020 |
(dollars in thousands) |  | Cost |  |  | Unrealized Gains (Losses) |  |  | Fair Value |
Securities at fair value |  |  |  |  |  |  |  |  |  |  |  |
Common stock - International |  | $ | 5,641 |  |  | $ | (3,034 | ) |  | $ | 2,607 |
Common stock - Domestic |  |  | 45 |  |  |  | (45 | ) |  |  | - |
Mutual funds - Fixed income |  |  | 6,313 |  |  |  | - |  |  |  | 6,313 |
Mutual funds - Domestic equity |  |  | 929 |  |  |  | (369 | ) |  |  | 560 |
Total securities at fair value |  | $ | 12,928 |  |  | $ | (3,448 | ) |  | $ | 9,480 |
|  | June 30, 2019 |
(dollars in thousands) |  | Cost |  |  | Unrealized Gains (Losses) |  |  | Fair Value |
Securities at fair value |  |  |  |  |  |  |  |  |  |  |  |
Common stock - International |  | $ | 5,641 |  |  | $ | 790 |  |  | $ | 6,431 |
Common stock - Domestic |  |  | 45 |  |  |  | (45 | ) |  |  | - |
Mutual funds - Fixed income |  |  | 8,025 |  |  |  | (4 | ) |  |  | 8,021 |
Mutual funds - Domestic equity |  |  | 929 |  |  |  | (194 | ) |  |  | 735 |
Total securities at fair value |  | $ | 14,640 |  |  | $ | 547 |  |  | $ | 15,187 |
Gain (Loss) on Securities [Table Text Block] | The following summarizes investment income (loss) reflected in earnings from continuing operations:
|  | Nine Months Ended |  |  | Three Months Ended |
(dollars in thousands) |  | March 31, |  |  | March 31, |
Investment Income (Loss) |  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Unrealized gains (losses) on fair valued securities |  | $ | (3,995 | ) |  | $ | (2,387 | ) |  | $ | (342 | ) |  | $ | 1,987 |
Unrealized losses on equity securities without readily determinable fair values |  |  | - |  |  |  | - |  |  |  | (100 | ) |  |  | - |
Realized gains on sales of fair valued securities |  |  | - |  |  |  | 16 |  |  |  | - |  |  |  | 16 |
Realized gain on sale of subsidiary |  |  | 151 |  |  |  | - |  |  |  | 151 |  |  |  | - |
Realized foreign currency gains (losses) |  |  | (234 | ) |  |  | (28 | ) |  |  | (234 | ) |  |  | 16 |
Impairments in equity securities without readily determinable fair values |  |  | - |  |  |  | (114 | ) |  |  | - |  |  |  | (28 | )
Dividend and interest income |  |  | 156 |  |  |  | 282 |  |  |  | 84 |  |  |  | 109 |
Total Investment Income (Loss) |  | $ | (3,922 | ) |  | $ | (2,231 | ) |  | $ | (441 | ) |  | $ | 2,100 |
Fair Value, Assets Measured on Recurring Basis [Table Text Block] | The following presents fair value measurements, as of March 31, 2020, and June 30, 2019, for the major categories of U.S. Global’s investments measured at fair value on a recurring basis:
|  | March 31, 2020 |
|  | Quoted Prices |  |  | Significant Other Inputs |  |  | Significant Unobservable Inputs |  |  |  |  |
(dollars in thousands) |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |  |  | Total |
Securities at fair value |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock - International |  | $ | 2,386 |  |  | $ | 221 |  |  | $ | - |  |  | $ | 2,607 |
Common stock - Domestic |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Mutual funds - Fixed income |  |  | 6,313 |  |  |  | - |  |  |  | - |  |  |  | 6,313 |
Mutual funds - Domestic equity |  |  | 560 |  |  |  | - |  |  |  | - |  |  |  | 560 |
Total securities at fair value |  | $ | 9,259 |  |  | $ | 221 |  |  | $ | - |  |  | $ | 9,480 |
|  | June 30, 2019 |
|  | Quoted Prices |  |  | Significant Other Inputs |  |  | Significant Unobservable Inputs |  |  |  |  |
(dollars in thousands) |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |  |  | Total |
Securities at fair value |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock - International |  | $ | 5,599 |  |  | $ | 832 |  |  | $ | - |  |  | $ | 6,431 |
Common stock - Domestic |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Mutual funds - Fixed income |  |  | 8,021 |  |  |  | - |  |  |  | - |  |  |  | 8,021 |
Mutual funds - Domestic equity |  |  | 735 |  |  |  | - |  |  |  | - |  |  |  | 735 |
Total securities at fair value |  | $ | 14,355 |  |  | $ | 832 |  |  | $ | - |  |  | $ | 15,187 |
Equity Securities without Readily Determinable Fair Value [Table Text Block] | The carrying value of equity securities without readily determinable fair values has been adjusted as follows:
|  | Nine Months Ended |  |  | Three Months Ended |
|  | March 31, |  |  | March 31, |
(dollars in thousands) |  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Carrying amount, beginning of period |  | $ | 1,404 |  |  | $ | 2,207 |  |  | $ | 1,488 |  |  | $ | 602 |
Adjustments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Purchases |  |  | 75 |  |  |  | 100 |  |  |  | 75 |  |  |  | 100 |
Reclassification to securities at fair value |  |  | - |  |  |  | (1,499 | ) |  |  | - |  |  |  | - |
Impairments |  |  | - |  |  |  | (114 | ) |  |  | - |  |  |  | (28 | )
Other downward adjustments |  |  | (124 | ) |  |  | (49 | ) |  |  | (108 | ) |  |  | (29 | )
Upward adjustments |  |  | 163 |  |  |  | - |  |  |  | 63 |  |  |  | - |
Carrying amount, end of period |  | $ | 1,518 |  |  | $ | 645 |  |  | $ | 1,518 |  |  | $ | 645 |

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