INVESTMENTS (Tables)

9 Months Ended

Mar. 31, 2020

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, 2020, and June 30, 2019.

	March 31, 2020
(dollars in thousands)	Cost		Unrealized Gains (Losses)			Fair Value
Securities at fair value
Common stock - International	$	5,641	$	(3,034	)	$	2,607
Common stock - Domestic		45		(45	)		-
Mutual funds - Fixed income		6,313		-			6,313
Mutual funds - Domestic equity		929		(369	)		560
Total securities at fair value	$	12,928	$	(3,448	)	$	9,480

	June 30, 2019
(dollars in thousands)	Cost		Unrealized Gains (Losses)			Fair Value
Securities at fair value
Common stock - International	$	5,641	$	790		$	6,431
Common stock - Domestic		45		(45	)		-
Mutual funds - Fixed income		8,025		(4	)		8,021
Mutual funds - Domestic equity		929		(194	)		735
Total securities at fair value	$	14,640	$	547		$	15,187

Gain (Loss) on Securities [Table Text Block]

The following summarizes investment income (loss) reflected in earnings from continuing operations:

	Nine Months Ended						Three Months Ended
(dollars in thousands)	March 31,						March 31,
Investment Income (Loss)	2020			2019			2020			2019
Unrealized gains (losses) on fair valued securities	$	(3,995	)	$	(2,387	)	$	(342	)	$	1,987
Unrealized losses on equity securities without readily determinable fair values		-			-			(100	)		-
Realized gains on sales of fair valued securities		-			16			-			16
Realized gain on sale of subsidiary		151			-			151			-
Realized foreign currency gains (losses)		(234	)		(28	)		(234	)		16
Impairments in equity securities without readily determinable fair values		-			(114	)		-			(28	)
Dividend and interest income		156			282			84			109
Total Investment Income (Loss)	$	(3,922	)	$	(2,231	)	$	(441	)	$	2,100

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

The following presents fair value measurements, as of March 31, 2020, and June 30, 2019, for the major categories of U.S. Global’s investments measured at fair value on a recurring basis:

	March 31, 2020
	Quoted Prices		Significant Other Inputs		Significant Unobservable Inputs
(dollars in thousands)	(Level 1)		(Level 2)		(Level 3)		Total
Securities at fair value
Common stock - International	$	2,386	$	221	$	-	$	2,607
Common stock - Domestic		-		-		-		-
Mutual funds - Fixed income		6,313		-		-		6,313
Mutual funds - Domestic equity		560		-		-		560
Total securities at fair value	$	9,259	$	221	$	-	$	9,480

	June 30, 2019
	Quoted Prices		Significant Other Inputs		Significant Unobservable Inputs
(dollars in thousands)	(Level 1)		(Level 2)		(Level 3)		Total
Securities at fair value
Common stock - International	$	5,599	$	832	$	-	$	6,431
Common stock - Domestic		-		-		-		-
Mutual funds - Fixed income		8,021		-		-		8,021
Mutual funds - Domestic equity		735		-		-		735
Total securities at fair value	$	14,355	$	832	$	-	$	15,187

Equity Securities without Readily Determinable Fair Value [Table Text Block]

The carrying value of equity securities without readily determinable fair values has been adjusted as follows:

	Nine Months Ended						Three Months Ended
	March 31,						March 31,
(dollars in thousands)	2020			2019			2020			2019
Carrying amount, beginning of period	$	1,404		$	2,207		$	1,488		$	602
Adjustments:
Purchases		75			100			75			100
Reclassification to securities at fair value		-			(1,499	)		-			-
Impairments		-			(114	)		-			(28	)
Other downward adjustments		(124	)		(49	)		(108	)		(29	)
Upward adjustments		163			-			63			-
Carrying amount, end of period	$	1,518		$	645		$	1,518		$	645