FAIR VALUE DISCLOSURES (Tables)

6 Months Ended

Dec. 31, 2013

Fair Value Disclosures [Abstract]

Fair Value Measurements on Recurring Basis

The following table presents fair value measurements, as of December 31, 2013, for the three major categories of U.S. Global’s investments measured at fair value on a recurring basis:

	Fair Value Measurement using (in thousands)
	December 31, 2013
	Quoted Prices (Level 1)		Significant Other Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
Trading securities
Common stock	$	16	$	—	$	—	$	16
Offshore fund	—		877		—		877
Mutual funds	17,748		—		—		17,748
Total trading securities	17,764		877		—		18,641
Available-for-sale securities
Common stock	2,638		—		94		2,732
Preferred stock	106		—		91		197
Corporate debt	252		990		250		1,492
Venture capital investments	—		—		163		163
Mutual funds	2,759		—		—		2,759
Total available-for-sale securities	5,755		990		598		7,343
Total Investments	$	23,519	$	1,867	$	598	$	25,984

Summary of Investments Measured at Fair Value on Recurring Basis

The following table is a reconciliation of investments for which unobservable inputs (Level 3) were used in determining fair value during the period ended December 31, 2013:

	Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis (in thousands)
	Six Months Ended December 31,
	2013										2012
	Common Stock			Preferred Stock			Corporate Debt		Venture Capital Investment		Common Stock		Preferred Stock		Corporate Debt		Venture Capital Investment
Beginning Balance	$	95		$	—		$	—	$	163	$	—	$	—	$	—	$	168
Total unrealized gains (losses)
Included in earnings (investment income)	—			—			—		—		—		—		—		—
Included in other comprehensive income	(1		)	(6		)	—		—		—		—		—		—
Purchases	—			97			250		—		—		—		—		—
Sales	—			—			—		—		—		—		—		—
Transfers into Level 3	—			—			—		—		—		—		—		—
Transfers out of Level 3	—			—			—		—		—		—		—		—
Ending Balance	$	94		$	91		$	250	$	163	$	—	$	—	$	—	$	168