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LONG-LIVED ASSETS (Details Textual) - USD ($)
$ in Thousands
12 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Jun. 30, 2014
Long Lived Assets [Line Items]      
Depreciation, Total $ 0 $ 0  
Property, Plant and Equipment, Gross 111 $ 111  
Inventory Exchanges [Member]      
Long Lived Assets [Line Items]      
Long-Lived Assets     $ 0
Furniture and Fixtures [Member]      
Long Lived Assets [Line Items]      
Property, Plant and Equipment, Gross $ 25,000