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DISCONTINUED OPERATIONS (Tables)
9 Months Ended
Mar. 31, 2020
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations [Table Text Block]

(dollars in thousands)

 

March 31, 2020

   

June 30, 2019

 

Assets

               

Cash and cash equivalents

  $ -     $ 1,482  

Accounts and other receivables

    -       200  

Prepaid expenses

    -       52  

Net Property and Equipment

    -       38  

Other assets, non-current

    -       8  

Total assets held related to discontinued operations

  $ -     $ 1,780  

Liabilities

               

Accounts payable

  $ -     $ 135  

Accrued compensation and related costs

    -       84  

Other accrued expenses

    -       262  

Total liabilities held related to discontinued operations

  $ -     $ 481  
   

Nine Months Ended March 31,

   

Three Months Ended March 31,

 

(dollars in thousands)

 

2020

   

2019

   

2020

   

2019

 

Revenues

                               

Advisory fees

  $ 235     $ 1,299     $ 50     $ 114  
      235       1,299       50       114  

Expenses

                               

Employee compensation and benefits

    77       395       23       94  

General and administrative

    508       810       125       229  

Depreciation and amortization

    6       7       1       2  
      591       1,212       149       325  

Other Income (Loss)

                               

Investment income (loss)

    24       23       21       (7 )

Other income (loss)

    (6 )     39       (7 )     33  
      18       62       14       26  

Income (loss) from discontinued operations of investment management services in Canada before income taxes

    (338 )     149       (85 )     (185 )

Tax benefit

    -       -       -       (11 )

Income (loss) from discontinued operations of investment management services in Canada

    (338 )     149       (85 )     (174 )

Less: net income (loss) attributable to non-controlling interest from discontinued operations

    (118 )     52       (30 )     (61 )

Net income (loss) attributable to U.S. Global Investors, Inc. from discontinued operations of investment management services in Canada

  $ (220 )   $ 97     $ (55 )   $ (113 )