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INVESTMENTS (Tables)
9 Months Ended
Mar. 31, 2018
Disclosure Text Block Supplement [Abstract]  
Unrealized Gain (Loss) on Investments [Table Text Block]
The following details the components of the Company’s investments recorded at fair value as of March 31, 2018, and June 30, 2017.

   
March 31, 2018
 
(dollars in thousands)
 
Cost
   
Gains
   
(Losses)
   
Fair Value
 
Trading securities1
                       
Mutual funds - Fixed income
 
$
6,785
   
$
18
   
$
(30
)
 
$
6,773
 
Mutual funds - Domestic equity
   
535
     
-
     
(161
)
   
374
 
Other
   
45
     
-
     
(45
)
   
-
 
Offshore fund
   
-
     
-
     
-
     
-
 
Total trading securities
   
7,365
     
18
     
(236
)
   
7,147
 
Available-for-sale securities2
                               
Common stock - Domestic
   
-
     
-
     
-
     
-
 
Common stock - International
   
2,554
     
7,361
     
(76
)
   
9,839
 
Corporate debt3
   
1,086
     
625
     
-
     
1,711
 
Mutual funds - Fixed income
   
1,000
     
-
     
(14
)
   
986
 
Mutual funds - Domestic equity
   
394
     
21
     
-
     
415
 
Other
   
-
     
-
     
-
     
-
 
Total available-for-sale securities4
   
5,034
     
8,007
     
(90
)
   
12,951
 
Total securities at fair value
 
$
12,399
   
$
8,025
   
$
(326
)
 
$
20,098
 
   
June 30, 2017
 
(dollars in thousands)
 
Cost
   
Gains
   
(Losses)
   
Fair Value
 
Trading securities1
                       
Mutual funds - Fixed income
 
$
8,884
   
$
50
   
$
(7
)
 
$
8,927
 
Mutual funds - Domestic equity
   
535
     
-
     
(157
)
   
378
 
Other
   
45
     
-
     
(45
)
   
-
 
Offshore fund
   
1,184
     
-
     
(769
)
   
415
 
Total trading securities
   
10,648
     
50
     
(978
)
   
9,720
 
Available-for-sale securities2
                               
Common stock - Domestic
   
109
     
4
     
-
     
113
 
Common stock - International
   
191
     
12
     
-
     
203
 
Corporate debt3
   
1,042
     
427
     
-
     
1,469
 
Mutual funds - Fixed income
   
1,148
     
1
     
(5
)
   
1,144
 
Mutual funds - Domestic equity
   
394
     
12
     
-
     
406
 
Other
   
56
     
10
     
-
     
66
 
Total available-for-sale securities4
   
2,940
     
466
     
(5
)
   
3,401
 
Total securities at fair value
 
$
13,588
   
$
516
   
$
(983
)
 
$
13,121
 
1  
Unrealized and realized gains and losses on trading securities are included in earnings in the statement of operations.
2  
Unrealized gains and losses on available-for-sale securities are excluded from earnings and recorded in other comprehensive income as a separate component of shareholders’ equity until realized.
3  
Corporate debt has stated maturity in 2024, but issuer has issued notice that it intends to redeem early, as discussed below and in Note 12, Subsequent Events.
4  
Net unrealized gains (losses) on available-for-sale securities gross and net of tax as of March 31, 2018, are $7,917 and $6,430, respectively, and as of June 30, 2017, are $461 and $461, respectively.
Gain (Loss) on Investments [Table Text Block]
The following summarizes investment income (loss) reflected in earnings for the periods discussed:

   
Nine Months Ended
   
Three Months Ended
 
(dollars in thousands)
 
March 31,
   
March 31,
 
Investment Income
 
2018
   
2017
   
2018
   
2017
 
Realized gains on sales of available-for-sale securities
 
$
31
   
$
31
   
$
-
   
$
-
 
Realized losses on sales of trading securities
   
(736
)
   
-
     
-
     
-
 
Unrealized gains (losses) on trading securities
   
710
     
16
     
(36
)
   
42
 
Realized foreign currency gains (losses)
   
(15
)
   
(25
)
   
4
     
(20
)
Other-than-temporary declines in available-for-sale securities
   
-
     
(16
)
   
-
     
-
 
Dividend and interest income
   
737
     
657
     
307
     
139
 
Total Investment Income
 
$
727
   
$
663
   
$
275
   
$
161
 
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]
The following tables show the gross unrealized losses and fair values of available-for-sale investment securities with unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position. The Company reviewed the gross unrealized losses shown as of March 31, 2018, and determined that the losses were not other-than-temporary based on consideration of the nature of the investment and the cause, severity and duration of the loss.

   
March 31, 2018
 
   
Less Than 12 Months
   
12 Months or Greater
   
Total
 
         
Gross
Unrealized
         
Gross
Unrealized
         
Gross
Unrealized
 
(dollars in thousands)
 
Fair Value
   
Losses
   
Fair Value
   
Losses
   
Fair Value
   
Losses
 
Available-for-sale securities
                                   
Common stock - Domestic
 
$
-
   
$
-
   
$
-
   
$
-
   
$
-
   
$
-
 
Common stock - International
   
58
     
(76
)
   
-
     
-
     
58
     
(76
)
Corporate debt
   
-
     
-
     
-
     
-
     
-
     
-
 
Mutual funds - Fixed income
   
986
     
(14
)
   
-
     
-
     
986
     
(14
)
Mutual funds - Domestic equity
   
-
     
-
     
-
     
-
     
-
     
-
 
Other
   
-
     
-
     
-
     
-
     
-
     
-
 
Total available-for-sale securities
 
$
1,044
   
$
(90
)
 
$
-
   
$
-
   
$
1,044
   
$
(90
)
   
June 30, 2017
 
   
Less Than 12 Months
   
12 Months or Greater
   
Total
 
         
Gross
Unrealized
         
Gross
Unrealized
         
Gross
Unrealized
 
(dollars in thousands)
 
Fair Value
   
Losses
   
Fair Value
   
Losses
   
Fair Value
   
Losses
 
Available-for-sale securities
                                   
Common stock - Domestic
 
$
-
   
$
-
   
$
-
   
$
-
   
$
-
   
$
-
 
Common stock - International
   
-
     
-
     
-
     
-
     
-
     
-
 
Corporate debt
   
-
     
-
     
-
     
-
     
-
     
-
 
Mutual funds - Fixed income
   
-
     
-
     
95
     
(5
)
   
95
     
(5
)
Mutual funds - Domestic equity
   
-
     
-
     
-
     
-
     
-
     
-
 
Other
   
-
     
-
     
-
     
-
     
-
     
-
 
Total available-for-sale securities
 
$
-
   
$
-
   
$
95
   
$
(5
)
 
$
95
   
$
(5
)
Fair Value, Assets Measured on Recurring Basis [Table Text Block]
The following presents fair value measurements, as of March 31, 2018, and June 30, 2017, for the major categories of U.S. Global’s investments measured at fair value on a recurring basis:

   
March 31, 2018
 
   
Quoted Prices
   
Significant
Other
Inputs
   
Significant
Unobservable
Inputs
       
(dollars in thousands)
 
(Level 1)
   
(Level 2)
   
(Level 3)
   
Total
 
Trading securities
                       
Mutual funds - Fixed income
 
$
6,773
   
$
-
   
$
-
   
$
6,773
 
Mutual funds - Domestic equity
   
374
     
-
     
-
     
374
 
Other
   
-
     
-
     
-
     
-
 
Offshore fund investment measured at net asset value1
   
-
     
-
     
-
     
-
 
Total trading securities
   
7,147
     
-
     
-
     
7,147
 
Available-for-sale securities
                         
Common stock - Domestic
   
-
     
-
     
-
     
-
 
Common stock - International
   
9,839
     
-
     
-
     
9,839
 
Corporate debt
   
1,711
     
-
     
-
     
1,711
 
Mutual funds - Fixed income
   
986
     
-
     
-
     
986
 
Mutual funds - Domestic equity
   
415
     
-
     
-
     
415
 
Other
   
-
     
-
     
-
     
-
 
Total available-for-sale securities
   
12,951
     
-
     
-
     
12,951
 
Total securities at fair value
 
$
20,098
   
$
-
   
$
-
   
$
20,098
 
   
June 30, 2017
 
   
Quoted Prices
   
Significant
Other
Inputs
   
Significant
Unobservable
Inputs
       
(dollars in thousands)
 
(Level 1)
   
(Level 2)
   
(Level 3)
   
Total
 
Trading securities
                       
Mutual funds - Fixed income
 
$
8,927
   
$
-
   
$
-
   
$
8,927
 
Mutual funds - Domestic equity
   
378
     
-
     
-
     
378
 
Other
   
-
     
-
     
-
     
-
 
Offshore fund investment measured at net asset value1
    -       -       -      
415
 
Total trading securities
   
9,305
     
-
     
-
     
9,720
 
Available-for-sale securities
                               
Common stock - Domestic
   
113
     
-
     
-
     
113
 
Common stock - International
   
203
     
-
     
-
     
203
 
Corporate debt
   
1,469
     
-
     
-
     
1,469
 
Mutual funds - Fixed income
   
1,144
     
-
     
-
     
1,144
 
Mutual funds - Domestic equity
   
406
     
-
     
-
     
406
 
Other
   
66
     
-
     
-
     
66
 
Total available-for-sale securities
   
3,401
     
-
     
-
     
3,401
 
Total securities at fair value
 
$
12,706
   
$
-
   
$
-
   
$
13,121
 
1  
In accordance with Subtopic 820-10, certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Consolidated Balance Sheets.
Equity Method Investments [Table Text Block]
Summarized income statement information on the Galileo Partners Fund since the Company’s investment is as follows:

Galileo Partners Fund
     
Summary Financial Information
     
For the Period from August 31, 2017 (investment) to March 31, 2018
 
(dollars in thousands)
     
Realized gains on sales of investments
 
$
4,467
 
Unrealized gains on investments
   
2,441
 
Fund fees and expenses, including performance fees
   
(1,762
)
Net income of fund
 
$
5,146
 
         
Company's share of income from equity method investment
 
$
1,891