FINANCIAL INFORMATION BY BUSINESS SEGMENT (Tables)

9 Months Ended

Mar. 31, 2021

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, 2021
Net operating revenues	$	14,765		$	-		$	14,765
Investment income	$	-		$	37,205		$	37,205
Income from equity method investments	$	-		$	420		$	420
Other income	$	92		$	-		$	92
Income from continuing operations before income taxes	$	6,902		$	35,623		$	42,525
Depreciation and amortization	$	147		$	-		$	147
Gross identifiable assets at March 31, 2021	$	11,530		$	49,531		$	61,061
Deferred tax asset							$	-
Consolidated total assets at March 31, 2021							$	61,061
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
Three months ended March 31, 2021
Net operating revenues	$	6,355		$	-		$	6,355
Investment income	$	-		$	15,505		$	15,505
Loss from equity method investments	$	-		$	(64	)	$	(64	)
Other income	$	33		$	-		$	33
Income from continuing operations before income taxes	$	3,439		$	15,387		$	18,826
Depreciation and amortization	$	49		$	-		$	49
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