Income Taxes (Tables)

12 Months Ended

Jun. 30, 2015

Income Tax Disclosure [Abstract]

Schedule of Income before Tax

The Company's components of income (loss) before tax by jurisdiction is as follows:

	Year Ended June 30,
(dollars in thousands)	2015			2014			2013
United States	$	(3,400	)	$	(1,934	)	$	(234	)
Canada	246			329			55
Total	$	(3,154	)	$	(1,605	)	$	(179	)

Schedule of Effective Income Tax and Tax Rate Reconciliation

The reconciliation of income tax computed for continuing operations at the statutory rates to income tax expense is: 

	Year Ended June 30,
(dollars in thousands)	2015			% of Pretax		2014			% of Pretax		2013			% of Pretax
Tax expense (benefit) at statutory rate - continuing operations	$	(1,072	)	34.0	%	$	(421	)	34.0	%	$	24		34.0	%
Valuation allowance	1,857			(58.9	)%	35			(2.8	)%	27			38.0	%
Nondeductible membership dues	23			(0.7	)%	25			(2.0	)%	27			38.0	%
Nondeductible meals and entertainment	15			(0.5	)%	25			(2.0	)%	44			62.0	%
Non-deductible insurance	8			(0.3	)%	8			(0.6	)%	8			11.3	%
Nondeductible gain on business combination	—			—	%	(99		)	8.0	%	—			—	%
Non-taxable dividend income	(25		)	0.8	%	(33		)	2.7	%	(35		)	(49.3	)%
Other	16			(0.5	)%	(57		)	4.5	%	5			7.0	%
Total tax expense (benefit) - continuing operations	$	822		(26.1	)%	$	(517	)	41.8	%	$	100		141.0	%

Components of Total Tax Expense (Benefit)

Components of total tax expense (benefit) are as follows: 

	Year Ended June 30,
(dollars in thousands)	2015			2014			2013
Continuing Operations
Current tax expense (benefit) - U.S. Federal	$	(21	)	$	(904	)	$	91
Current tax expense (benefit) - Non-U.S.	36			—			—
Deferred tax expense (benefit) - U.S. Federal	807			387			9
Total tax expense (benefit) - continuing operations	$	822		$	(517	)	$	100
Discontinued Operations
Current tax expense (benefit) - U.S. Federal	—			(125		)	(85		)
Total tax expense (benefit)	$	822		$	(642	)	$	15

Deferred Assets and Liabilities using the Effective Statutory Tax Rate

The Company’s deferred assets and liabilities using the effective statutory tax rate are as follows:

	Year Ended June 30,
(dollars in thousands)	2015			2014
Book/tax differences in the balance sheet
Trading securities	$	289		$	84
Prepaid expenses	(115		)	(142		)
Accumulated depreciation	129			120
Available-for-sale securities	366			(176		)
Accrued expenses	125			108
Stock-based compensation expense	103			103
Tax Carryovers
Net operating loss carryover	1,051			—
Cumulative eligible capital carryover	76			—
Capital loss carryover	8			252
Charitable contributions carryover	41			35
Valuation Allowance	(2,073		)	(35		)
Net deferred tax asset	$	—		$	349