Note 11 - Borrowings	9 Months Ended
Mar. 31, 2013
Debt Disclosure [Text Block]	NOTE 11 – BORROWINGS At March 31, 2013, CalFirst Leasing had a $15 million line of credit with a bank. The line of credit was amended on April 25, 2013 to reduce the available line of credit to $10 million. The purpose of the line is to provide resources as needed for investment in transactions-in-process and leases. The agreement provides for borrowings based on Libor, requires a commitment fee on the unused line balance and allows for advances through March 31, 2014. The agreement is unsecured, however, the Company guarantees CalFirst Leasing’s obligations. Under provisions of the agreement, CalFirst Leasing must maintain a minimum net worth and profitability. No borrowings have been made under this line of credit as of March 31, 2013. CalFirst Bank is a member of the Federal Home Loan Bank of San Francisco (“FHLB”) and can take advantage of FHLB programs for overnight and term advances at published daily rates. Under terms of a blanket collateral agreement, advances from the FHLB are collateralized by qualifying real estate loans and investment securities. The Bank also has authority to borrow from the Federal Reserve Bank (“FRB”) discount window amounts secured by certain lease receivables. At March 31, 2013, there were no borrowings from the FHLB with available borrowing capacity of $1.9 million related to qualifying real estate loans of $2.9 million, and no borrowings from the FRB with borrowing availability of approximately $98.5 million secured by $131.6 million of lease receivables.

Note 11 - Borrowings

9 Months Ended

Mar. 31, 2013

NOTE 11 – BORROWINGS

At March 31, 2013, CalFirst Leasing had a $15 million line of credit with a bank. The line of credit was amended on April 25, 2013 to reduce the available line of credit to $10 million. The purpose of the line is to provide resources as needed for investment in transactions-in-process and leases. The agreement provides for borrowings based on Libor, requires a commitment fee on the unused line balance and allows for advances through March 31, 2014. The agreement is unsecured, however, the Company guarantees CalFirst Leasing’s obligations. Under provisions of the agreement, CalFirst Leasing must maintain a minimum net worth and profitability. No borrowings have been made under this line of credit as of March 31, 2013.

CalFirst Bank is a member of the Federal Home Loan Bank of San Francisco (“FHLB”) and can take advantage of FHLB programs for overnight and term advances at published daily rates. Under terms of a blanket collateral agreement, advances from the FHLB are collateralized by qualifying real estate loans and investment securities. The Bank also has authority to borrow from the Federal Reserve Bank (“FRB”) discount window amounts secured by certain lease receivables. At March 31, 2013, there were no borrowings from the FHLB with available borrowing capacity of $1.9 million related to qualifying real estate loans of $2.9 million, and no borrowings from the FRB with borrowing availability of approximately $98.5 million secured by $131.6 million of lease receivables.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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