INVESTMENT IN MARKETABLE SECURITIES (Details 1) - USD ($)	3 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Schedule of Trading Securities and Other Trading Assets [Line Items]
Realized income (loss) on marketable securities	$ 419,000	$ (60,000)
Unrealized loss on marketable securities	735,000	440,000
Net gain on marketable securities	$ 1,154,000	$ 380,000