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INVESTMENTS (Tables) | 12 Months Ended
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Jun. 30, 2021
Disclosure Text Block Supplement [Abstract] |
Fair Value, Assets Measured on Recurring Basis [Table Text Block] | The following summarizes the major categories of investments with fair values adjusted on a recurring basis as of June 30, 2021, and June 30, 2020, with fair values shown according to the fair value hierarchy.
|  | June 30, 2021 |
|  |  |  |  |  | Significant |  |  | Significant |  |  |  |  |
|  | Quoted Prices |  |  | Other Inputs |  |  | Unobservable Inputs |  |  |  |  |
(dollars in thousands) |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |  |  | Total |
Investments carried at fair value on a recurring basis: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investments in equity securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equities - International |  | $ | 2,837 |  |  | $ | 135 |  |  | $ | 8,026 |  |  | $ | 10,998 |
Equities - Domestic |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Mutual funds - Fixed income |  |  | 6,322 |  |  |  | - |  |  |  | - |  |  |  | 6,322 |
Mutual funds - Global equity |  |  | 938 |  |  |  | - |  |  |  | - |  |  |  | 938 |
Mutual funds - Domestic equity |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total investments in equity securities: |  | $ | 10,097 |  |  | $ | 135 |  |  | $ | 8,026 |  |  | $ | 18,258 |
Investments in debt securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Available-for-sale - Convertible debentures |  |  | - |  |  |  | - |  |  |  | 17,049 |  |  |  | 17,049 |
Total investments carried at fair value on a recurring basis: |  | $ | 10,097 |  |  | $ | 135 |  |  | $ | 25,075 |  |  | $ | 35,307 |
|  | June 30, 2020 |
|  |  |  |  |  | Significant |  |  | Significant |  |  |  |  |
|  | Quoted Prices |  |  | Other Inputs |  |  | Unobservable Inputs |  |  |  |  |
(dollars in thousands) |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |  |  | Total |
Investments carried at fair value on a recurring basis: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investments in equity securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equities - International |  | $ | 4,447 |  |  | $ | 32 |  |  | $ | - |  |  | $ | 4,479 |
Equities - Domestic |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Mutual funds - Fixed income |  |  | 6,322 |  |  |  | - |  |  |  | - |  |  |  | 6,322 |
Mutual funds - Global equity |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Mutual funds - Domestic equity |  |  | 663 |  |  |  | - |  |  |  | - |  |  |  | 663 |
Total investments in equity securities: |  | $ | 11,432 |  |  | $ | 32 |  |  | $ | - |  |  | $ | 11,464 |
Investments in debt securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Available-for-sale - Convertible debentures |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total investments carried at fair value on a recurring basis: |  | $ | 11,432 |  |  | $ | 32 |  |  | $ | - |  |  | $ | 11,464 |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] | The following table is a reconciliation of investments recorded at fair value for which unobservable inputs (Level 3) were used in determining fair value during the year ended June 30, 2021:
Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis |
|  | June 30, 2021 |
(dollars in thousands) |  | Investments in equity securities |  |  | Investments in debt securities |
Beginning Balance |  | $ | - |  |  | $ | - |
Purchases |  |  | 5,853 |  |  |  | 9,147 |
Sales |  |  | - |  |  |  | - |
Principal repayments |  |  | - |  |  |  | (1,408 | )
Amortization of Premium (investment income) |  |  | - |  |  |  | (178 | )
Total gains or losses (realized/unrealized) |  |  |  |  |  |  |  |
Included in earnings (investment income) |  |  | 2,173 |  |  |  | 1,180 |
Included in Accumulated Other Comprehensive Income (other) |  |  | - |  |  |  | 8,308 |
Transfers into Level 3 |  |  | - |  |  |  | - |
Transfers out of Level 3 |  |  | - |  |  |  | - |
Ending Balance |  | $ | 8,026 |  |  | $ | 17,049 |
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] | The Company currently considers the related fair value measurements to contain Level 3 inputs. The following is quantitative information as of June 30, 2021, with respect to the securities measured and carried at fair value on a recurring basis with the use of significant unobservable inputs (Level 3):
|  | June 30, 2021 |
(dollars in thousands) |  | Fair Value |  | Principal Valuation Techniques |  | Unobservable Inputs |
Investments in equity securities: |  |  |  |  |  |  |  |  |  |  |
Common share purchase warrants |  | $ | 8,026 |  | Option pricing model |  |  |  |  |  |
|  |  |  |  |  |  | Volatility |  |  | 88.1 | %
Investments in debt securities: |  |  |  |  |  |  |  |  |  |  |
Available-for-sale - Convertible debentures |  | $ | 17,049 |  | Binomial lattice model |  |  |  |  |  |
|  |  |  |  |  |  | Volatility |  |  | 60.1 | %
|  |  |  |  |  |  | Credit Adjusted Discount Rate |  |  | 1.9 | %
Unrealized Gain (Loss) on Investments [Table Text Block] | The following details the components of the Company’s equity investments carried at fair value as of June 30, 2021, and 2020.
|  | June 30, 2021 |
(dollars in thousands) |  | Cost |  |  | Unrealized Gains (Losses) |  |  | Fair Value |
Equity securities at fair value |  |  |  |  |  |  |  |  |  |  |  |
Equities - International |  | $ | 7,076 |  |  | $ | 3,922 |  |  | $ | 10,998 |
Equities - Domestic |  |  | 45 |  |  |  | (45 | ) |  |  | - |
Mutual funds - Fixed income |  |  | 6,313 |  |  |  | 9 |  |  |  | 6,322 |
Mutual funds - Global equity |  |  | 929 |  |  |  | 9 |  |  |  | 938 |
Mutual funds - Domestic equity |  |  | - |  |  |  | - |  |  |  | - |
Total equity securities at fair value |  | $ | 14,363 |  |  | $ | 3,895 |  |  | $ | 18,258 |
|  | June 30, 2020 |
(dollars in thousands) |  | Cost |  |  | Unrealized Gains (Losses) |  |  | Fair Value |
Equity securities at fair value |  |  |  |  |  |  |  |  |  |  |  |
Equities - International |  | $ | 5,641 |  |  | $ | (1,162 | ) |  | $ | 4,479 |
Equities - Domestic |  |  | 45 |  |  |  | (45 | ) |  |  | - |
Mutual funds - Fixed income |  |  | 6,313 |  |  |  | 9 |  |  |  | 6,322 |
Mutual funds - Global equity |  |  | - |  |  |  | - |  |  |  | - |
Mutual funds - Domestic equity |  |  | 929 |  |  |  | (266 | ) |  |  | 663 |
Total equity securities at fair value |  | $ | 12,928 |  |  | $ | (1,464 | ) |  | $ | 11,464 |
Debt Securities, Available-for-sale and Held-to-Maturity [Table Text Block] | The following details the components of the Company’s debt investments as of June 30, 2021. The Company did not have any debt investments at June 30, 2020.
|  | June 30, 2021 |
(dollars in thousands) |  | Amortized Cost |  |  | Unrealized Gains in Other Comprehensive Income |  |  | Unrealized Losses in Other Comprehensive Income |  |  | Fair Value |
Available-for-sale - Convertible debentures |  | $ | 8,741 |  |  | $ | 8,308 |  |  | $ | - |  |  | $ | 17,049 |
|  | June 30, 2021 |
(dollars in thousands) |  | Amortized Cost |  |  | Gross Unrecognized Holding Gains |  |  | Gross Unrecognized Holding Losses |  |  | Fair Value |
Held-to-maturity - Debentures |  | $ | 1,000 |  |  | $ | 3 |  |  | $ | - |  |  | $ | 1,003 |
Investments Classified by Contractual Maturity Date [Table Text Block] | Investments in debt securities classified as held-to-maturity are carried at amortized cost. The net carrying amount and estimated fair value of debt securities at June 30, 2021, are summarized below by contractual maturity dates. Actual maturities may differ from final contractual maturities due to principal repayment installments or prepayment rights held by issuers.
|  | June 30, 2021 |
|  | Available-for-sale debt securities |  |  | Held-to-maturity debt securities |
(dollars in thousands) |  | Convertible debentures (1) |  |  | Due after five years through ten years |
Net Carrying Amount |  | $ | 8,741 |  |  | $ | 1,000 |
Fair Value |  | $ | 17,049 |  |  | $ | 1,003 |
Schedule of Derivative Instruments [Table Text Block] | The following table summarizes the fair values of embedded derivatives on the Consolidated Balance Sheet, categorized by risk exposure, at June 30, 2021.
|  | June 30, 2021 |
|  | Other Assets |
(dollars in thousands) |  | Investments in available-for-sale debt securities |
Embedded Derivatives: |  |  |  |
Equity price risk exposure |  | $ | 2,542 |
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:
|  | Year Ended June 30, |
(dollars in thousands) |  | 2021 |  |  | 2020 |
Carrying amount, beginning of period |  | $ | 1,283 |  |  | $ | 1,404 |
Adjustments: |  |  |  |  |  |  |  |
Purchases |  |  | 863 |  |  |  | 125 |
Reclassification to securities at fair value |  |  | (187 | ) |  |  | - |
Impairments |  |  | (6 | ) |  |  | (285 | )
Other downward adjustments |  |  | (158 | ) |  |  | (124 | )
Upward adjustments |  |  | 1,658 |  |  |  | 163 |
Carrying amount, end of period |  | $ | 3,453 |  |  | $ | 1,283 |
Gain (Loss) on Securities [Table Text Block] | The following summarizes investment income (loss) reflected in earnings from continuing operations for the periods presented.
(dollars in thousands) |  | Year Ended June 30, |
Investment Income (Loss) |  | 2021 |  |  | 2020 |
Unrealized gains (losses) on fair valued securities |  | $ | 8,479 |  |  | $ | (2,011 | )
Unrealized gains on equity securities without readily determinable fair values |  |  | 1,430 |  |  |  | - |
Realized gains on sales of fair valued securities |  |  | 16,572 |  |  |  | - |
Realized gains on principal payment proceeds |  |  | 1,180 |  |  |  | - |
Realized gain on sale of subsidiary |  |  | - |  |  |  | 151 |
Realized foreign currency gains (losses) |  |  | 219 |  |  |  | (232 | )
Impairments in equity investments that do not have readily determinable fair values |  |  | (6 | ) |  |  | (285 | )
Dividend and interest income |  |  | 464 |  |  |  | 166 |
Total Investment Income (Loss) |  | $ | 28,338 |  |  | $ | (2,211 | )

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