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LONG-LIVED ASSETS (Details Textual) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Apr. 30, 2015
Apr. 30, 2014
Apr. 30, 2015
Apr. 30, 2014
Jul. 31, 2014
Long Lived Assets [Line Items]          
Depreciation, Total $ 0us-gaap_Depreciation $ 1,000us-gaap_Depreciation $ 1,000us-gaap_Depreciation $ 4,000us-gaap_Depreciation  
Property, Plant and Equipment, Gross 111us-gaap_PropertyPlantAndEquipmentGross   111us-gaap_PropertyPlantAndEquipmentGross   111us-gaap_PropertyPlantAndEquipmentGross
Furniture and Fixtures [Member]          
Long Lived Assets [Line Items]          
Property, Plant and Equipment, Gross $ 26,000us-gaap_PropertyPlantAndEquipmentGross
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= us-gaap_FurnitureAndFixturesMember
  $ 26,000us-gaap_PropertyPlantAndEquipmentGross
/ us-gaap_PropertyPlantAndEquipmentByTypeAxis
= us-gaap_FurnitureAndFixturesMember