FINANCIAL INFORMATION BY BUSINESS SEGMENT

6 Months Ended

Dec. 31, 2014

Segment Reporting [Abstract]

FINANCIAL INFORMATION BY BUSINESS SEGMENT

FINANCIAL INFORMATIONBY BUSINESS SEGMENT

The Company operates principally in three business segments: providing investment management services to USGIF and offshore funds it manages, investment management services in Canada, and investing for its own account in an effort to add growth and value to its cash position. The following schedule details total revenues and income by business segment:

	Investment Management Services			Investment Management Services - Canada			Corporate Investments		Consolidated
Six months ended December 31, 2014
Net operating revenues	$	4,487		$	1,181		$	—	$	5,668
Net other income	$	—		$	—		$	273	$	273
Income (loss) from continuing operations before income taxes	$	(1,248	)	$	43		$	270	$	(935	)
Depreciation and amortization	$	126		$	38		$	—	$	164
Capital expenditures	$	40		$	—		$	—	$	40
Gross identifiable assets at December 31, 2014	$	7,515		$	1,971		$	24,110	$	33,596
Deferred tax asset									$	915
Consolidated total assets at December 31, 2014									$	34,511
Six months ended December 31, 2013
Net operating revenues	$	5,792		$	—		$	—	$	5,792
Net other income	$	—		$	—		$	1,094	$	1,094
Income (loss) from continuing operations before income taxes	$	(2,541	)	$	—		$	1,094	$	(1,447	)
Loss from discontinued operations	$	(236	)	$	—		$	—	$	(236	)
Depreciation and amortization	$	128		$	—		$	—	$	128
Capital expenditures	$	—		$	—		$	—	$	—
Three months ended December 31, 2014
Net operating revenues	$	1,852		$	519		$	—	$	2,371
Net other income	$	—		$	—		$	53	$	53
Income (loss) from continuing operations before income taxes	$	(864	)	$	(25	)	$	51	$	(838	)
Depreciation and amortization	$	63		$	18		$	—	$	81
Capital expenditures	$	5		$	—		$	—	$	5
Three months ended December 31, 2013
Net operating revenues	$	2,740		$	—		$	—	$	2,740
Net other income	$	—		$	—		$	40	$	40
Income (loss) from continuing operations before income taxes	$	(1,464	)	$	—		$	40	$	(1,424	)
Loss from discontinued operations	$	(207	)	$	—		$	—	$	(207	)
Depreciation and amortization	$	64		$	—		$	—	$	64
Capital expenditures	$	—		$	—		$	—	$	—