FINANCIAL INFORMATION BY BUSINESS SEGMENT (Tables)

9 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The following schedule details total revenues and income for continuing operations by business segment:

(dollars in thousands)	Investment Management Services			Corporate Investments			Consolidated
Nine months ended March 31, 2020
Net operating revenues	$	2,605		$	-		$	2,605
Investment loss	$	-		$	(3,922	)	$	(3,922	)
Loss from equity method investments	$	-		$	(146	)	$	(146	)
Other income	$	90		$	-		$	90
Loss from continuing operations before income taxes	$	(1,884	)	$	(4,252	)	$	(6,136	)
Depreciation and amortization	$	143		$	9		$	152
Gross identifiable assets at March 31, 2020	$	5,240		$	11,479		$	16,719
Total assets held related to discontinued operations							$	-
Deferred tax asset							$	-
Consolidated total assets at March 31, 2020							$	16,719
Nine months ended March 31, 2019
Net operating revenues	$	2,694		$	-		$	2,694
Investment loss	$	-		$	(2,231	)	$	(2,231	)
Loss from equity method investments	$	-		$	(52	)	$	(52	)
Other income	$	27		$	-		$	27
Loss from continuing operations before income taxes	$	(1,837	)	$	(2,395	)	$	(4,232	)
Depreciation and amortization	$	164		$	-		$	164
Three months ended March 31, 2020
Net operating revenues	$	914		$	-		$	914
Investment loss	$	-		$	(441	)	$	(441	)
Loss from equity method investments	$	-		$	(91	)	$	(91	)
Other income	$	29		$	-		$	29
Loss from continuing operations before income taxes	$	(883	)	$	(599	)	$	(1,482	)
Depreciation and amortization	$	47		$	3		$	50
Three months ended March 31, 2019
Net operating revenues	$	857		$	-		$	857
Investment income	$	-		$	2,100		$	2,100
Income from equity method investments	$	-		$	3		$	3
Other income	$	7		$	-		$	7
Income (loss) from continuing operations before income taxes	$	(626	)	$	2,064		$	1,438
Depreciation and amortization	$	54		$	-		$	54