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RESTATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS (Details) - Schedule of Error Corrections and Prior Period Adjustments - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Operating Revenues        
Other operating revenue $ 0 $ 0 $ 444 $ 0
Total operating revenue 6,355 914 14,321 2,605
Operating Expenses        
Employee compensation and benefits 1,442 715 5,642 2,060
General and administrative 1,528 1,091 4,066 2,440
Advertising 44 37 162 111
Depreciation and amortization 49 50 147 152
3,063 1,893 10,017 4,763
Operating Income (Loss) 3,292 (979) 4,304 (2,158)
Other Income (Loss)        
Investment income 8,424 (441) 30,124 (3,922)
Income (loss) from equity method investments (64) (91) 420 (146)
Gain on forgiveness of PPP loan 0 0 444 0
Other income 33 29 92 90
8,393 (503) 31,080 (3,978)
Income from Continuing Operations Before Income Taxes 11,685 (1,482) 35,384 (6,136)
Provision for Income Taxes        
Tax expense (benefit) 3,078 75 8,172 (174)
Net Income 8,607 (1,642) 27,212 (6,300)
Net Income Attributable to U.S. Global Investors, Inc. $ 8,607 $ (1,612) $ 27,212 $ (6,182)
Earnings Per Share Attributable to U.S. Global Investors, Inc.        
Net income (in Dollars per share) $ 0.57 $ (0.11) $ 1.81 $ (0.41)
Net income (in Dollars per share) $ 0.57 $ (0.11) $ 1.81 $ (0.41)
Basic weighted average number of common shares outstanding (in Shares) 15,061,818 15,121,950 15,075,064 15,127,118
Diluted weighted average number of common shares outstanding (in Shares) 15,062,988 15,121,950 15,075,795 15,127,118
Investment Advisory Services [Member]        
Operating Revenues        
Revenues $ 6,304 $ 875 $ 14,168 $ 2,477
Administrative Service [Member]        
Operating Revenues        
Revenues 51 $ 39 153 128
Other Operating Revenue [Member]        
Operating Revenues        
Other operating revenue 0   0  
Other Income (Loss)        
Gain on forgiveness of PPP loan 0   0  
Previously Reported [Member]        
Operating Revenues        
Other operating revenue     444  
Total operating revenue 6,355   14,765  
Operating Expenses        
Employee compensation and benefits 1,382   5,582  
General and administrative 1,528   4,066  
Advertising 44   162  
Depreciation and amortization 49   147  
3,003   9,957  
Operating Income (Loss) 3,352   4,808  
Other Income (Loss)        
Investment income 15,505   37,205  
Income (loss) from equity method investments (64)   420 (146)
Gain on forgiveness of PPP loan     444  
Other income 33   92  
15,474   37,717  
Income from Continuing Operations Before Income Taxes 18,826   42,525  
Provision for Income Taxes        
Tax expense (benefit) 4,602   9,696  
Net Income 14,224   32,829 (6,300)
Net Income Attributable to U.S. Global Investors, Inc. $ 14,224   $ 32,829  
Earnings Per Share Attributable to U.S. Global Investors, Inc.        
Net income (in Dollars per share) $ 0.94   $ 2.18  
Net income (in Dollars per share) $ 0.94   $ 2.18  
Basic weighted average number of common shares outstanding (in Shares) 15,061,818   15,075,064  
Diluted weighted average number of common shares outstanding (in Shares) 15,062,988   15,075,795  
Previously Reported [Member] | Investment Advisory Services [Member]        
Operating Revenues        
Revenues $ 6,304   $ 14,168  
Previously Reported [Member] | Administrative Service [Member]        
Operating Revenues        
Revenues 51   153  
Previously Reported [Member] | Other Operating Revenue [Member]        
Operating Revenues        
Other operating revenue 0   444  
Other Income (Loss)        
Gain on forgiveness of PPP loan 0   444  
Revision of Prior Period, Adjustment [Member]        
Operating Revenues        
Other operating revenue     0  
Total operating revenue 0   0  
Operating Expenses        
Employee compensation and benefits 60   60  
General and administrative 0   0  
Advertising 0   0  
Depreciation and amortization 0   0  
60   60  
Operating Income (Loss) (60)   (60)  
Other Income (Loss)        
Investment income (7,081)   (7,081)  
Income (loss) from equity method investments 0   0  
Gain on forgiveness of PPP loan     0  
Other income 0   0  
(7,081)   (7,081)  
Income from Continuing Operations Before Income Taxes (7,141)   (7,141)  
Provision for Income Taxes        
Tax expense (benefit) (1,524)   (1,524)  
Net Income (5,617)   (5,617)  
Net Income Attributable to U.S. Global Investors, Inc. $ (5,617)   $ (5,617)  
Earnings Per Share Attributable to U.S. Global Investors, Inc.        
Net income (in Dollars per share) $ (0.37)   $ (0.37)  
Net income (in Dollars per share) $ (0.37)   $ (0.37)  
Revision of Prior Period, Adjustment [Member] | Investment Advisory Services [Member]        
Operating Revenues        
Revenues $ 0   $ 0  
Revision of Prior Period, Adjustment [Member] | Administrative Service [Member]        
Operating Revenues        
Revenues 0   0  
Revision of Prior Period, Adjustment [Member] | Other Operating Revenue [Member]        
Operating Revenues        
Other operating revenue 0   0  
Other Income (Loss)        
Gain on forgiveness of PPP loan 0   0  
Revision of Prior Period, Reclassification, Adjustment [Member]        
Operating Revenues        
Other operating revenue 444   0  
Total operating revenue     (444)  
Operating Expenses        
Employee compensation and benefits     0  
General and administrative     0  
Advertising     0  
Depreciation and amortization     0  
    0  
Operating Income (Loss)     (444)  
Other Income (Loss)        
Investment income     0  
Income (loss) from equity method investments     0 0
Gain on forgiveness of PPP loan 444   0  
Other income     0  
    444  
Income from Continuing Operations Before Income Taxes     0  
Provision for Income Taxes        
Tax expense (benefit)     0  
Net Income     0 $ 0
Net Income Attributable to U.S. Global Investors, Inc.     $ 0  
Earnings Per Share Attributable to U.S. Global Investors, Inc.        
Net income (in Dollars per share)     $ 0  
Net income (in Dollars per share)     $ 0  
Revision of Prior Period, Reclassification, Adjustment [Member] | Investment Advisory Services [Member]        
Operating Revenues        
Revenues     $ 0  
Revision of Prior Period, Reclassification, Adjustment [Member] | Administrative Service [Member]        
Operating Revenues        
Revenues     0  
Revision of Prior Period, Reclassification, Adjustment [Member] | Other Operating Revenue [Member]        
Operating Revenues        
Other operating revenue     (444)  
Other Income (Loss)        
Gain on forgiveness of PPP loan     (444)  
Revision of Prior Period, Reclassification, Adjustment [Member]        
Operating Revenues        
Other operating revenue 0   444  
Other Income (Loss)        
Gain on forgiveness of PPP loan 0   444  
Revision of Prior Period, Reclassification, Adjustment [Member] | Previously Reported [Member]        
Operating Revenues        
Other operating revenue 0   0  
Other Income (Loss)        
Gain on forgiveness of PPP loan 0   0  
Revision of Prior Period, Reclassification, Adjustment [Member] | Revision of Prior Period, Adjustment [Member]        
Operating Revenues        
Other operating revenue 0   0  
Other Income (Loss)        
Gain on forgiveness of PPP loan $ 0   0  
Revision of Prior Period, Reclassification, Adjustment [Member] | Revision of Prior Period, Reclassification, Adjustment [Member]        
Operating Revenues        
Other operating revenue     444  
Other Income (Loss)        
Gain on forgiveness of PPP loan     $ 444