INCOME TAXES (Details) (USD $)	6 Months Ended	12 Months Ended
	Dec. 31, 2013	Jun. 30, 2013
Components of income tax expense benefit from continuing operations [Abstract]
Current expense (benefit)	$ 0	$ 43,000
Deferred expense (benefit)	(341,000)	283,000
Change in valuation allowance	341,000	(283,000)
Income tax expense (benefit)	0	43,000
Reconciliation of the provision for income taxes from continuing operations [Abstract]
Income tax benefit at the statutory tax rate	(234,000)	155,000
State and city income tax, net of federal effect	0	21,000
Permanent differences	1,000	126,000
Change in valuation allowance	341,000	(283,000)
Other, net	(164,000)	24,000
Income tax expense (benefit)	0	43,000
Deferred tax assets:
Accrued compensation	57,000	27,000
Net operating loss carryforward of consolidated losses	9,515,000	8,681,000
Capital loss carryforward	1,350,000	1,350,000
Alternative minimum tax credit carryforward	250,000	735,000
Stock based compensation	595,000	595,000
Property and equipment	15,000	53,000
Total deferred tax assets	11,782,000	11,441,000
Deferred tax liability - investment basis difference	(334,000)	(334,000)
Net deferred tax asset	11,448,000	11,107,000
Valuation allowance	(11,749,000)	(11,408,000)
Net deferred tax liability	(301,000)	(301,000)
Net operating loss carryforward for federal income tax purposes	$ 27,400,000