U.S. Global Investors (GROW) 10-Q 7 Feb 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Dec. 31, 2013	Jan. 21, 2014	Jan. 21, 2014	Jan. 21, 2014
		Common Class A	Common Class B	Common Class C
Document Information [Line Items]	'	'	'	'
Document Type	'10-Q	'	'	'
Amendment Flag	'false	'	'	'
Document Period End Date	31-Dec-13	'	'	'
Document Fiscal Year Focus	'2014	'	'	'
Document Fiscal Period Focus	'Q2	'	'	'
Trading Symbol	'GROW	'	'	'
Entity Registrant Name	'U S GLOBAL INVESTORS INC	'	'	'
Entity Central Index Key	'0000754811	'	'	'
Current Fiscal Year End Date	'--06-30	'	'	'
Entity Filer Category	'Accelerated Filer	'	'	'
Entity Common Stock, Shares Outstanding	'	13,394,446	0	2,069,731

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2013	Jun. 30, 2013
Current Assets	'	'
Cash and cash equivalents	$4,566,383	$18,085,226
Trading securities, at fair value	18,640,758	4,758,220
Receivables	'	'
Mutual funds	732,101	964,461
Offshore clients	14,500	21,000
Income tax	1,038,702	140,792
Employees	54	5,500
Other	34,056	16,140
Prepaid expenses	608,000	604,701
Deferred tax asset	71,424	195,871
Total Current Assets	25,705,978	24,791,911
Net Property and Equipment	2,960,049	3,084,860
Other Assets	'	'
Deferred tax asset, long term	560,861	677,539
Investment securities available-for-sale, at fair value	7,343,679	9,053,111
Investment in Galileo	639,761	654,528
Total assets held related to discontinued operations	55,207	420,853
Total Other Assets	8,599,508	10,806,031
Total Assets	37,265,535	38,682,802
Current Liabilities	'	'
Accounts payable	89,423	71,289
Accrued compensation and related costs	902,814	686,562
Dividends payable	232,327	232,402
Other accrued expenses	847,973	770,024
Total liabilities held related to discontinued operations	112,104	73,284
Total Current Liabilities	2,184,641	1,833,561
Commitments and Contingencies	'	'
Shareholdersb Equity	'	'
Additional paid-in-capital	15,665,168	15,654,397
Treasury stock, class A shares at cost; 471,371 and 463,958 shares at December 31, 2013, and June 30, 2013, respectively	-1,155,282	-1,128,704
Accumulated other comprehensive income, net of tax	566,417	652,218
Retained earnings	19,606,202	21,272,941
Total Shareholdersb Equity	35,080,894	36,849,241
Total Liabilities and Shareholdersb Equity	37,265,535	38,682,802
Common Class A	'	'
Shareholdersb Equity	'	'
Common stock, value	346,644	346,626
Common Class B	'	'
Shareholdersb Equity	'	'
Common stock, value	0	0
Common Class C	'	'
Shareholdersb Equity	'	'
Common stock, value	$51,745	$51,763

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Dec. 31, 2013	Jun. 30, 2013
Common Class A	'	'
Common stock, par value	$0.03	$0.03
Common stock, shares authorized	28,000,000	28,000,000
Common stock, shares issued	13,865,757	13,865,021
Treasury stock	471,371	463,958
Common Class B	'	'
Common stock, par value	$0.03	$0.03
Common stock, shares authorized	4,500,000	4,500,000
Common stock, shares issued	0	0
Common Class C	'	'
Common stock, par value	$0.03	$0.03
Common stock, shares authorized	3,500,000	3,500,000
Common stock, shares issued	2,069,791	2,070,527

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED) (USD $)	3 Months Ended		6 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Operating Revenues	'	'	'	'
Distribution fees	$504,761	$780,506	$1,035,682	$1,552,068
Shareholder services fees	231,159	361,179	491,817	740,512
Administrative services fees	181,841	256,917	353,185	511,141
Operating Revenue	2,739,744	4,973,223	5,791,745	9,385,767
Operating Expenses	'	'	'	'
Employee compensation and benefits	1,870,582	2,315,586	3,752,847	4,473,278
General and administrative	1,587,897	1,410,072	3,114,168	2,750,941
Platform fees	451,975	732,926	960,738	1,448,332
Advertising	216,954	270,465	350,149	431,088
Depreciation	62,068	67,119	124,811	134,157
Subadvisory fees	15,000	15,000	30,000	30,000
Operating expenses, Total	4,204,476	4,811,168	8,332,713	9,267,796
Operating Income (Loss)	-1,464,732	162,055	-2,540,968	117,971
Other Income (Loss)	'	'	'	'
Investment income	48,225	160,987	1,108,875	361,638
Equity in earnings of Galileo	-7,579	0	-14,767	0
Other Income (Loss)	40,646	160,987	1,094,108	361,638
Income (Loss) from Continuing Operations Before Income Taxes	-1,424,086	323,042	-1,446,860	479,609
Provision for Federal Income Taxes	'	'	'	'
Tax expense (benefit)	-466,412	145,310	-480,418	208,837
Income (Loss) from Continuing Operations	-957,674	177,732	-966,442	270,772
Discontinued Operations (Note 12)	'	'	'	'
Loss from operations of discontinued transfer agent	-314,444	-17,799	-357,845	-84,830
Tax benefit	-106,911	-6,052	-121,667	-28,843
Loss on Discontinued Operations	-207,533	-11,747	-236,178	-55,987
Net Income (Loss)	-1,165,207	165,985	-1,202,620	214,785
Other Comprehensive Income (Loss), Net of Tax:	'	'	'	'
Unrealized gains on available-for-sale securities arising during period (net of tax expense (benefit) of ($191,308) and ($24,668) for the six months ended December 31, 2013 and 2012, respectively, and $3,890 and $27,775 for the three months ended December 31, 2013 and 2012, respectively)	-7,551	-53,914	371,363	47,886
Less: reclassification adjustment for gains/losses included in investment income (net of tax expense (benefit) of $235,508 and $73,848 for the six months ended December 31, 2013 and 2012, respectively, and ($62,109) and $73,848 for the three months ended December 31, 2013 and 2012, respectively)	120,564	-143,352	-457,164	-143,352
Comprehensive Income (Loss)	-1,052,194	-31,281	-1,288,421	119,319
Basic Net Income (Loss) per Share	'	'	'	'
Income (loss) from continuing operations (in dollars per share)	($0.06)	$0.01	($0.06)	$0.01
Loss from discontinued operations (in dollars per share)	($0.02)	$0	($0.02)	$0
Net income (loss) (in dollars per share)	($0.08)	$0.01	($0.08)	$0.01
Diluted Net Income (Loss) per Share	'	'	'	'
Income (loss) from continuing operations (in dollars per share)	($0.06)	$0.01	($0.06)	$0.01
Loss from discontinued operations (in dollars per share)	($0.02)	$0	($0.02)	$0
Net income (loss) (in dollars per share)	($0.08)	$0.01	($0.08)	$0.01
Basic weighted average number of common shares outstanding (in shares)	15,472,370	15,487,207	15,471,816	15,481,547
Diluted weighted average number of common shares outstanding (in shares)	15,472,370	15,487,207	15,471,816	15,481,547
Mutual funds	'	'	'	'
Operating Revenues	'	'	'	'
Other advisory fees	1,769,193	3,495,609	3,805,993	6,412,472
Offshore funds	'	'	'	'
Operating Revenues	'	'	'	'
Other advisory fees	$52,790	$79,012	$105,068	$169,574

CONSOLIDATED_STATEMENTS_OF_OPE1

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED) (Parenthetical) (USD $)	3 Months Ended		6 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Income Statement [Abstract]	'	'	'	'
Net of tax expense	$3,890	$27,775	($191,308)	($24,668)
Net of tax benefit	($62,109)	$73,848	$235,508	$73,848

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)	6 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Cash Flows from Operating Activities:	'	'
Net income (loss)	($1,202,620)	$214,785
Depreciation	128,230	137,577
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Net recognized (gain) loss on securities	-524,455	69,264
Net loss from equity method investment	14,767	0
Provision for deferred taxes	285,327	171,043
Stock bonuses	4,926	57,700
Stock-based compensation expense	1,220	8,320
Changes in operating assets and liabilities:	'	'
Accounts receivable	-309,293	-228,432
Prepaid expenses	-3,299	-159,478
Trading securities	-14,050,756	-90,720
Accounts payable and accrued expenses	351,155	-59,554
Total adjustments	-14,102,178	-94,280
Net cash (used in) provided by operating activities	-15,304,798	120,505
Cash Flows from Investing Activities:	'	'
Purchase of property and equipment	0	-39,159
Purchase of available-for-sale securities	-609,256	-343,967
Proceeds on sale of available-for-sale securities	2,881,359	661,506
Net cash provided by (used in) investing activities	2,272,103	278,380
Cash Flows from Financing Activities:	'	'
Issuance of common stock	87,784	94,646
Repurchases of common stock	-109,737	0
Dividends paid	-464,195	-2,167,481
Net cash used in financing activities	-486,148	-2,072,835
Net decrease in cash and cash equivalents	-13,518,843	-1,673,950
Beginning cash and cash equivalents	18,085,226	20,612,721
Ending cash and cash equivalents	4,566,383	18,938,771
Supplemental Disclosures of Cash Flow Information	'	'
Cash paid for income taxes	$0	$0

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Dec. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
BASIS OF PRESENTATION	'
	BASIS OF PRESENTATION
	U.S. Global Investors, Inc. (the “Company” or “U.S. Global”) has prepared the consolidated financial statements pursuant to accounting principles generally accepted in the United States of America (“U.S. GAAP”) and the rules and regulations of the United States Securities and Exchange Commission (“SEC”) that permit reduced disclosure for interim periods. The financial information included herein reflects all adjustments (consisting solely of normal recurring adjustments), which are, in management’s opinion, necessary for a fair presentation of results for the interim periods presented. The Company has consistently followed the accounting policies set forth in the notes to the consolidated financial statements in the Company’s Form 10-K for the fiscal year ended June 30, 2013.
	The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, United Shareholder Services, Inc. (“USSI”), U.S. Global Investors (Guernsey) Limited (“USGG”) (on August 3, 2013, USGG was dissolved), U.S. Global Brokerage, Inc., U.S. Global Investors (Bermuda) Limited, U.S. Global Investors (Canada) Limited, and U.S. Global Indices, LLC.
	All significant intercompany balances and transactions have been eliminated in consolidation. Certain amounts have been reclassified for comparative purposes. The results of operations for the six months ended December 31, 2013, are not necessarily indicative of the results to be expected for the entire year.
	The unaudited interim financial information in these condensed financial statements should be read in conjunction with the consolidated financial statements contained in the Company’s annual report.
	Recent Accounting Pronouncements
	In July 2013, the FASB issued ASU 2013-11, Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. Under this standard, an unrecognized tax benefit should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss or a tax credit carryforward, rather than as a liability, when the uncertain tax position would reduce the net operating loss or other carryforward under the tax law. The standard is effective for interim and annual periods beginning after December 15, 2013, and should be applied prospectively to all unrecognized tax benefits that exist at the effective date. Retrospective application is permitted. The Company is currently evaluating the impact of the standard on its consolidated results of operations and financial condition.

INVESTMENTS

INVESTMENTS	6 Months Ended
	Dec. 31, 2013
Investments, All Other Investments [Abstract]	'
INVESTMENTS	'
	INVESTMENTS
	As of December 31, 2013, the Company held investments with a market value of approximately $26.0 million and a cost basis of approximately $25.5 million. The market value of these investments is approximately 69.7 percent of the Company’s total assets.
	Investments in securities classified as trading are reflected as current assets on the consolidated balance sheet at their fair market value. Unrealized holding gains and losses on trading securities are included in earnings in the consolidated statements of operations and comprehensive income.
	Investments in securities classified as available-for-sale, which may not be readily marketable, are reflected as non-current assets on the consolidated balance sheet at their fair value. Unrealized holding gains and losses on available-for-sale securities are excluded from earnings and reported in other comprehensive income as a separate component of shareholders’ equity until realized.
	In December 2013, the shareholders of the U.S. Government Securities Savings Fund approved a proposal resulting in the conversion of the fund from a money market market fund to a U.S. Government ultra-short bond fund that is not a money market fund. The fund was renamed U.S. Government Securities Ultra-Short Bond Fund (“Government Fund”). Prior to the conversion, while the fund was a money market fund, the amount held in the fund was classified as a cash equivalent. After the conversion, the amount held in the fund is classified as a trading mutual fund investment. The amount held in the fund by the Company as of the conversion date was $14,118,943.
	The Company records security transactions on trade date. Realized gains (losses) from security transactions are calculated on the first-in/first-out cost basis, unless otherwise identifiable, and are recorded in earnings on the date of sale.
	The following summarizes the market value, cost, and unrealized gain or loss on investments as of December 31, 2013, and June 30, 2013.
	Securities		Market Value			Cost			Unrealized Gain			Unrealized holding
									(Loss)			gains on available-for-
												sale securities, net of
												tax
	Trading1		$	18,640,758		$	19,062,335		$	(421,577	)	N/A
	Available-for-sale2		7,343,679			6,485,471			858,208			$	566,417
	Total at December 31, 2013		$	25,984,437		$	25,547,806		$	436,631
	Trading1		$	4,758,220		$	5,457,989		$	(699,769	)	N/A
	Available-for-sale2		9,053,111			8,064,902			988,209			$	652,218
	Total at June 30, 2013		$	13,811,331		$	13,522,891		$	288,440
	1Unrealized and realized gains and losses on trading securities are included in earnings in the statement of operations.
	2Unrealized gains and losses on available-for-sale securities are excluded from earnings and recorded in other comprehensive income as a separate component of shareholders’ equity until realized.
	The following details the components of the Company’s available-for-sale investments as of December 31, 2013, and June 30, 2013.
			December 31, 2013 (in thousands)
						Gross Unrealized
			Cost			Gains			(Losses)			Market Value
	Available-for-sale securities
	Common stock		$	1,668		$	1,075		$	(11	)	$	2,732
	Preferred stock		204			—			(7		)	197
	Corporate debt		1,718			—			(226		)	1,492
	Venture capital investments		168			—			(5		)	163
	Mutual funds		2,727			61			(29		)	2,759
	Total available-for-sale securities		$	6,485		$	1,136		$	(278	)	$	7,343
			June 30, 2013 (in thousands)
						Gross Unrealized
			Cost			Gains			(Losses)			Market Value
	Available-for-sale securities
	Common stock		$	870		$	529		$	(5	)	$	1,394
	Venture capital investments		168			—			(5		)	163
	Offshore funds		5,000			—			(288		)	4,712
	Mutual funds		2,027			760			(3		)	2,784
	Total available-for-sale securities		$	8,065		$	1,289		$	(301	)	$	9,053
	The following tables show the gross unrealized losses and fair values of available-for-sale investment securities with unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position:
			December 31, 2013 (in thousands)
			Less Than 12 Months						12 Months or Greater						Total
			Fair Value			Gross			Fair Value			Gross			Fair Value		Gross
						Unrealized						Unrealized					Unrealized
						Losses						Losses					Losses
	Available-for-sale securities
	Common stock		$	322		$	(11	)	$	—		$	—		$	322	$	(11	)
	Preferred stock		197			(7		)	—			—			197		(7		)
	Corporate debt		1,242			(226		)	—			—			1,242		(226		)
	Venture capital investments		163			(5		)	—			—			163		(5		)
	Mutual funds		982			(29		)	—			—			982		(29		)
	Total available-for-sale securities		$	2,906		$	(278	)	$	—		$	—		$	2,906	$	(278	)
			June 30, 2013 (in thousands)
			Less Than 12 Months						12 Months or Greater						Total
			Fair Value			Gross			Fair Value			Gross			Fair Value		Gross
						Unrealized						Unrealized					Unrealized
						Losses						Losses					Losses
	Available-for-sale securities
	Common stock		$	95		$	(5	)	$	—		$	—		$	95	$	(5	)
	Venture capital investments		163			(5		)	—			—			163		(5		)
	Offshore funds		—			—			4,712			(288		)	4,712		(288		)
	Mutual funds		3			(3		)	—			—			3		(3		)
	Total available-for-sale securities		$	261		$	(13	)	$	4,712		$	(288	)	$	4,973	$	(301	)
Investment income can be volatile and varies depending on market fluctuations, the Company’s ability to participate in investment opportunities, and timing of transactions. The Company expects that gains and losses will continue to fluctuate in the future.
Investment income (loss) from the Company’s investments includes:
•	realized gains and losses on sales of securities;
•	unrealized gains and losses on trading securities;
•	realized foreign currency gains and losses;
•	other-than-temporary impairments on available-for-sale securities; and
•	dividend and interest income.
The following summarizes investment income reflected in earnings for the periods discussed:
Investment Income		Six Months Ended December 31,
		2013			2012
Realized gains on sales of available-for-sale securities		$	692,673		$	217,200
Realized losses on sales of trading securities		(168,218		)	(244,627		)
Unrealized gains on trading securities		278,191			348,739
Realized foreign currency gains (losses)		4,527			(2,751		)
Other-than-temporary declines in available-for sale securities		—			(41,837		)
Dividend and interest income		301,702			84,914
Total Investment Income		$	1,108,875		$	361,638
Investment Income		Three Months Ended December 31,
		2013			2012
Realized gains (losses) on sales of available-for-sale securities		$	(182,673	)	$	217,200
Realized losses on sales of trading securities		(168,218		)	(244,627		)
Unrealized gains on trading securities		169,488			177,158
Realized foreign currency losses		(452		)	(2,726		)
Other-than-temporary declines in available-for sale securities		—			(41,837		)
Dividend and interest income		230,080			55,819
Total Investment Income		$	48,225		$	160,987

FAIR_VALUE_DISCLOSURES

FAIR VALUE DISCLOSURES	6 Months Ended
	Dec. 31, 2013
Fair Value Disclosures [Abstract]	'
FAIR VALUE DISCLOSURES	'
	FAIR VALUE DISCLOSURES
	Accounting Standards Codification (ASC) 820, Fair Value Measurement and Disclosures, defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC 820 establishes a hierarchy that prioritizes inputs to valuation techniques used to measure fair value and requires companies to disclose the fair value of their financial instruments according to a fair value hierarchy (i.e., Levels 1, 2, and 3 inputs, as defined below). The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs.
	Financial instruments measured and reported at fair value are classified and disclosed in one of the following categories:
	Level 1 – Valuations based on quoted prices in active markets for identical assets or liabilities at the reporting date. Since valuations are based on quoted prices that are readily and regularly available in an active market, value of these products does not entail a significant degree of judgment.
	Level 2 – Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, directly or indirectly. Corporate debt securities valued in accordance with the evaluated price supplied by an independent service are categorize as Level 2 in the hierarchy. Other securities categorized as Level 2 included securities valued at the mean between the last reported bid and ask quotation.
	Level 3 – Valuations based on inputs that are unobservable and significant to the fair value measurement.
	The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the financial instrument. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with the investing in those securities. Because of the inherent uncertainties of valuation, the values reflected may materially differ from the values received upon actual sale of those investments.
	For actively traded securities, the Company values investments using the closing price of the securities on the exchange or market on which the securities principally trade. If the security is not actively traded, it is valued based at the mean between the last bid and ask quotation. Mutual funds, which includes open- and closed-end funds, exchange-traded funds, and offshore funds, are valued at net asset value or closing price, as applicable. Certain corporate debt securities are valued by an independent pricing service using an evaluated quote based on such factors as institutional-size trading in similar groups of securities, yield, quality maturity, coupon rate, type of issue, individual trading characteristics and other market data. Securities that are not traded on an exchange or market are generally valued at cost, monitored by management and fair value adjusted as considered necessary.
	The following table presents fair value measurements, as of December 31, 2013, for the three major categories of U.S. Global’s investments measured at fair value on a recurring basis:
		Fair Value Measurement using (in thousands)
		31-Dec-13
		Quoted Prices			Significant			Significant		Total
		(Level 1)			Other Inputs			Unobservable
					(Level 2)			Inputs
								(Level 3)
	Trading securities
	Common stock	$	16		$	—		$	—	$	16
	Offshore fund	—			877			—		877
	Mutual funds	17,748			—			—		17,748
	Total trading securities	17,764			877			—		18,641
	Available-for-sale securities
	Common stock	2,638			—			94		2,732
	Preferred stock	106			—			91		197
	Corporate debt	252			990			250		1,492
	Venture capital investments	—			—			163		163
	Mutual funds	2,759			—			—		2,759
	Total available-for-sale securities	5,755			990			598		7,343
	Total Investments	$	23,519		$	1,867		$	598	$	25,984
	Approximately 91 percent of the Company’s financial assets measured at fair value are derived from Level 1 inputs including SEC-registered mutual funds and equity securities traded on an active market, seven percent of the Company’s financial assets measured at fair value are derived from Level 2 inputs, including an investment in an offshore fund, and the remaining two percent are Level 3 inputs. The Company recognizes transfers between levels at the end of each quarter.
	In Level 2, the Company has an investment in an affiliated offshore fund, classified as trading, with a fair value of $877,108, based on the net asset value per share, which invests in companies in the energy and natural resources sectors. The Company may redeem this investment on the first business day of each month after providing a redemption notice at least forty-five days prior to the proposed redemption date.
	The Company also had a Level 2 investment in an affiliated offshore fund, classified as available-for-sale, which invested in dividend-paying equity and debt securities of companies located around the world. The fund liquidated in November 2013, and the Company received the fund’s underlying investments as a non-taxable redemption-in-kind.
	Investments in Level 3 are valued using significant unobservable inputs. The common stock, preferred stock and venture capital investments shown in Level 3 above are private companies valued at cost adjusted for known changes in value. The corporate debt in Level 3 is valued at par, which approximates cost.
	The Company may redeem the venture capital investment with general parter approval. As of December 31, 2013, the Company had an unfunded commitment of $62,500 related to this investment. This commitment was paid in January 2014.
	The following table is a reconciliation of investments for which unobservable inputs (Level 3) were used in determining fair value during the period ended December 31, 2013:
		Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis (in thousands)
		Six Months Ended December 31,
		2013										2012
		Common			Preferred Stock			Corporate Debt		Venture		Common		Preferred		Corporate Debt		Venture
		Stock								Capital		Stock		Stock				Capital
										Investment								Investment
	Beginning Balance	$	95		$	—		$	—	$	163	$	—	$	—	$	—	$	168
	Total unrealized gains (losses)
	Included in earnings (investment income)	—			—			—		—		—		—		—		—
	Included in other comprehensive income	(1		)	(6		)	—		—		—		—		—		—
	Purchases	—			97			250		—		—		—		—		—
	Sales	—			—			—		—		—		—		—		—
	Transfers into Level 3	—			—			—		—		—		—		—		—
	Transfers out of Level 3	—			—			—		—		—		—		—		—
	Ending Balance	$	94		$	91		$	250	$	163	$	—	$	—	$	—	$	168
	There was no unrealized gain or loss included in earnings that is attributable to the change in unrealized loss relating to assets held at the end of the reporting period.

EQUITY_INVESTMENT

EQUITY INVESTMENT	6 Months Ended
	Dec. 31, 2013
Equity Method Investments and Joint Ventures [Abstract]	'
EQUITY INVESTMENT	'
	EQUITY INVESTMENT
	In January 2013, the Company entered into a stock purchase agreement with Galileo Global Equity Advisors Inc. (“Galileo”), a privately held Toronto-based asset management firm, to purchase 50 percent of the issued and outstanding shares of Galileo for $600,000. The closing date of the transaction was March 31, 2013. Galileo will continue to have overall control of the operations and investment management activities of Galileo, including its management of the Galileo Funds. After one year, Galileo may terminate the agreement or allow the Company to purchase an additional 15 percent of its shares. There was no material basis difference between the cost of the Company’s investment in Galileo and the Company’s proportionate share of the underlying equity in net assets of Galileo. Frank Holmes, CEO, and Susan McGee, President and General Counsel, serve as directors of Galileo.
	On January 17, 2014, Galileo provided written notice allowing U.S. Global to purchase an additional 15 percent of the company. U.S. Global plans to proceed with the purchase in the Company's third fiscal quarter. After the additional purchase, the Company will own 65 percent of the outstanding shares of Galileo.
	As the Company lacks control over the investee at this time, the Company accounts for its interest in Galileo under the equity method with its share of Galileo’s profit or loss recognized in earnings. Included in other income for the three and six months ending December 31, 2013, is $7,579 and $14,767, respectively, of equity method losses of Galileo.

INVESTMENT_MANAGEMENT_TRANSFER

INVESTMENT MANAGEMENT, TRANSFER AGENT AND OTHER FEES	6 Months Ended
	Dec. 31, 2013
Investment Management Transfer Agent And Other Fees [Abstract]	'
INVESTMENT MANAGEMENT, TRANSFER AGENT AND OTHER FEES	'
	INVESTMENT MANAGEMENT, TRANSFER AGENT AND OTHER FEES
	The Company serves as investment adviser to U.S. Global Investors Funds (“USGIF” or the “Funds”) and receives a fee based on a specified percentage of net assets under management.
	The advisory agreement for the equity funds provides for a base advisory fee that is adjusted upwards or downwards by 0.25 percent when there is a performance difference of 5 percent or more between a fund’s performance and that of its designated benchmark index over the prior rolling 12 months. For the three and six months ended December 31, 2013, the Company realized a decrease in its base advisory fee of $286,070 and $418,681, respectively. For the corresponding periods in fiscal year 2013, base advisory fees were adjusted upward $181,850 and downward by $165,064, respectively.
	The following changes were made during the current fiscal year to the mutual funds the Company manages: (1) the Global Emerging Markets Fund liquidated on October 31, 2013, (2) the MegaTrends Fund was reorganized into the Holmes Growth Fund (renamed Holmes Macro Trends Fund), (3) the Tax Free Fund was reorganized into the Near-Term Tax Free Fund, (4) the Government Fund changed from a money market fund to a U.S. Government ultra-short bond fund, and (5) the U.S. Treasury Securities Cash Fund was liquidated on December 27, 2013.
	The Company has agreed to contractually limit the expenses of the institutional class of Global Resources Fund through April 30, 2014, and the Near-Term Tax Free Fund through December 2014. The Company has voluntarily waived or reduced its fees and/or agreed to pay expenses on the remaining funds. These caps will continue on a voluntary basis at the Company’s discretion. The aggregate fees waived and expenses borne by the Company for the three and six months ended December 31, 2013, were $892,841 and $1,748,211, respectively, compared with $854,558 and $1,704,599, respectively, for the corresponding periods in the prior fiscal year.
	The above waived fees include amounts waived under an agreement whereby the Company has voluntarily agreed to waive fees and/or reimburse the U.S. Treasury Securities Cash Fund and the Government Fund to the extent necessary to maintain the respective fund’s yield at a certain level as determined by the Company (Minimum Yield). For the three and six months ended December 31, 2013, total fees waived and/or expenses reimbursed as a result of this agreement were $248,813 and $583,577, respectively. For the corresponding periods in fiscal year 2013, the total fees waived and/or expenses reimbursed were $286,600 and $587,235, respectively.
	The Company may recapture any fees waived and/or expenses reimbursed within three years after the end of the fund’s fiscal year of such waiver and/or reimbursement to the extent that such recapture would not cause the fund’s yield to fall below the Minimum Yield. Thus, $736,531 of the waiver for the Government Fund is recoverable by the Company through December 31, 2014; $509,874 through December 31, 2015; and $498,342 through December 31, 2016 . The U.S. Treasury Securities Cash Fund also had waivers subject to future recapture; however, because the fund was liquidated in December 2013, there will be no recapture.
	The Company receives shareholder servicing fees based on the value of assets held through broker-dealer platforms.
	Effective in December 2013, administrative service fees paid to the Company changed from an annual rate of 0.08 percent to 0.10 percent per investor class and from 0.06 percent to 0.08 percent per institutional class of each fund, based on average daily net assets, plus $10,000 per Fund per year.
	The Company’s Board of Directors formally agreed on August 23, 2013, to exit the transfer agency business so that the Company could focus more on its core strength of investment management. USSI served as the transfer agent to the USGIF until conversion to a new transfer agent on December 9, 2013. Before the conversion, USSI received fees based on the number of shareholder accounts, transaction and activity-based fees and certain miscellaneous fees directly from USGIF shareholders. The transfer agency fees are included in discontinued operations in the statement of operations.
	The Company provided advisory services for three offshore clients and received monthly advisory fees based on the net asset values of the clients and monthly performance fees, if any, based on the overall increase in net asset values. One of the offshore funds liquidated in November 2013. The Company recorded advisory and performance fees from these clients totaling $52,790 and $105,068 for the three and six months ended December 31, 2013, and $79,012 and $169,574 for the corresponding periods in the prior fiscal year. Frank Holmes, CEO, serves as a director of the offshore clients.

BORROWINGS

BORROWINGS	6 Months Ended
	Dec. 31, 2013
Debt Disclosure [Abstract]	'
BORROWINGS	'
	BORROWINGS
	As of December 31, 2013, the Company has no long-term liabilities.
	The Company has access to a $1 million credit facility with a 1-year maturity for working capital purposes. The credit agreement requires the Company to maintain certain quarterly financial covenants to access the line of credit. The Company has been in compliance with all financial covenants during the fiscal year. As of December 31, 2013, this credit facility remained unutilized by the Company.

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	6 Months Ended
	Dec. 31, 2013
Equity [Abstract]	'
STOCKHOLDERS' EQUITY	'
	STOCKHOLDERS’ EQUITY
	Payment of cash dividends is within the discretion of the Company’s board of directors and is dependent on earnings, operations, capital requirements, general financial condition of the Company, and general business conditions. A monthly dividend of $0.005 per share is authorized through March 31, 2014, and will be reviewed by the board quarterly.
	The Board of Directors approved a share repurchase program on December 7, 2012, authorizing the Company to purchase up to $2.75 million of its outstanding common shares as market and business conditions warrant on the open market in compliance with Rule 10b-18 of the Securities Exchange Act of 1934. This share repurchase authorization ended on December 31, 2013. For the three and six months ended December 31, 2013, the Company had repurchased 28,227 and 41,446 class A shares using cash of $72,528 and $109,737, respectively. On December 12, 2013, the Board of Directors renewed the repurchase program for calendar year 2014. The total amount of shares that may be repurchased in 2014 under the renewed program is $2.75 million. The acquired shares may be used for corporate purposes, including shares issued to employees in the Company’s stock-based compensation programs.
	The Company accounts for stock-based compensation in accordance with ASC 718 Compensation – Stock Compensation. Stock-based compensation expense is recorded for the cost of stock options. Stock-based compensation expense for the three and six months ended December 31, 2013, was $610 and $1,220, respectively, compared to $610 and $8,320 in the corresponding periods in fiscal 2013. As of December 31, 2013, and 2012, respectively, there was approximately $6,507 and $8,947 of total unrecognized share-based compensation cost related to share-based compensation granted under the plans that will be recognized over the remainder of their respective vesting periods.
	Stock compensation plans
	The Company’s stock option plans provide for the granting of class A shares as either incentive or nonqualified stock options to employees and non-employee directors. Options are subject to terms and conditions determined by the Compensation Committee of the Board of Directors. Options outstanding at December 31, 2013, were 29,000 at a weighted average exercise price of $17.03. Options exercisable at December 31, 2013, were 26,000 at a weighted average exercise price of $18.25. There was no option activity for the six months ended December 31, 2013.

EARNINGS_PER_SHARE

EARNINGS PER SHARE	6 Months Ended
	Dec. 31, 2013
Earnings Per Share [Abstract]	'
EARNINGS PER SHARE	'
	EARNINGS PER SHARE
	The basic earnings per share (“EPS”) calculation excludes dilution and is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution of EPS that could occur if options to issue common stock were exercised.
	The following table sets forth the computation for basic and diluted EPS:
		Six Months Ended December 31,
		2013			2012
	Income (loss) from continuing operations	$	(966,442	)	$	270,772
	Loss from discontinued operations	(236,178		)	(55,987		)
	Net income (loss)	$	(1,202,620	)	$	214,785
	Weighted average number of outstanding shares
	Basic	15,471,816			15,481,547
	Effect of dilutive securities
	Employee stock options	—			—
	Diluted	15,471,816			15,481,547
	Earnings (loss) per share
	Basic
	Income (loss) from continuing operations	$	(0.06	)	$	0.01
	Loss from discontinued operations	(0.02		)	0
	Net income (loss)	$	(0.08	)	$	0.01
	Diluted
	Income (loss) from continuing operations	$	(0.06	)	$	0.01
	Loss from discontinued operations	(0.02		)	0
	Net income (loss)	$	(0.08	)	$	0.01
		Three Months Ended December 31,
		2013			2012
	Income (loss) from continuing operations	$	(957,674	)	$	177,732
	Loss from discontinued operations	(207,533		)	(11,747		)
	Net income (loss)	$	(1,165,207	)	$	165,985
	Weighted average number of outstanding shares
	Basic	15,472,370			15,487,207
	Effect of dilutive securities
	Employee stock options	—			—
	Diluted	15,472,370			15,487,207
	Earnings (loss) per share
	Basic
	Income (loss) form continuing operations	$	(0.06	)	$	0.01
	Loss from discontinued operations	(0.02		)	0
	Net income (loss)	$	(0.08	)	$	0.01
	Diluted
	Income (loss) form continuing operations	$	(0.06	)	$	0.01
	Loss from discontinued operations	(0.02		)	0
	Net income (loss)	$	(0.08	)	$	0.01
	The diluted EPS calculation excludes the effect of stock options when their exercise prices exceed the average market price for the period. For the three and six months ended December 31, 2013 and 2012, 29,000 options were excluded from diluted EPS.
	The Company may repurchase stock from employees. The Company made no repurchases of shares of its class B, or class C common stock during the six months ended December 31, 2013. During the three and six months ended December 31, 2013, the Company repurchased 28,227 and 41,446 class A shares on the open market using cash of $72,528 and $109,737, respectively. The Company did not repurchase any shares of its class A common stock on the open market during the same periods in fiscal year 2013. Upon repurchase, these shares are classified as treasury shares and are deducted from outstanding shares in the earnings per share calculation.

INCOME_TAXES

INCOME TAXES	6 Months Ended
	Dec. 31, 2013
Income Tax Disclosure [Abstract]	'
INCOME TAXES	'
	INCOME TAXES
	The Company and its subsidiaries file a consolidated federal income tax return. Provisions for income taxes include deferred taxes for temporary differences in the bases of assets and liabilities for financial and tax purposes, resulting from the use of the liability method of accounting for income taxes. The current deferred tax asset primarily consists of unrealized losses on trading securities. The long-term deferred tax asset is composed primarily of capital loss carryover, unrealized losses and other-than-temporary impairments on available-for-sale securities and the difference in tax treatment of stock options.
	For federal income tax purposes at December 31, 2013, the Company has capital loss carryovers of approximately $920,000, expiring in fiscal year 2018. The Company also has charitable contribution carryovers of approximately $103,000, expiring in fiscal years 2018 - 2019.
	A valuation allowance is provided when it is more likely than not that some portion of the deferred tax amount will not be realized. At December 31, 2013, and June 30, 2013, a valuation allowance of $34,995 and $27,286, respectively, was included related to the charitable contribution carryover.

FINANCIAL_INFORMATION_BY_BUSIN

FINANCIAL INFORMATION BY BUSINESS SEGMENT	6 Months Ended
	Dec. 31, 2013
Segment Reporting [Abstract]	'
FINANCIAL INFORMATION BY BUSINESS SEGMENT	'
	FINANCIAL INFORMATION BY BUSINESS SEGMENT
	The Company operates principally in two business segments: providing investment management services to the funds it manages and investing for its own account in an effort to add growth and value to its cash position. The following schedule details total revenues and income by business segment:
		Investment			Corporate		Consolidated
		Management			Investments
		Services
	Six months ended December 31, 2013
	Net operating revenues	$	5,791,745		$	—	$	5,791,745
	Net other income	$	—		$	1,094,108	1,094,108
	Income (loss) from continuing operations before income taxes	$	(2,540,968	)	$	1,094,108	(1,446,860		)
	Loss from discontinued operations	$	(236,178	)	$	—	(236,178		)
	Depreciation	$	128,230		$	—	$	128,230
	Capital expenditures	$	—		$	—	$	—
	Gross identifiable assets at December 31, 2013	$	9,940,610		$	26,692,640	$	36,633,250
	Deferred tax asset						$	632,285
	Consolidated total assets at December 31, 2013						$	37,265,535
	Six months ended December 31, 2012
	Net operating revenues	$	9,385,767		$	—	$	9,385,767
	Net other income	$	—		$	361,638	361,638
	Income from continuing operations before income taxes	$	117,971		$	361,638	479,609
	Loss from discontinued operations	$	(55,987	)	$	—	(55,987		)
	Depreciation	$	137,577		$	—	$	137,577
	Capital expenditures	$	39,159		$	—	$	39,159
	Three months ended December 31, 2013
	Net operating revenues	$	2,739,744		$	—	$	2,739,744
	Net other income	$	—		$	40,646	$	40,646
	Income (loss) from continuing operations before income taxes	$	(1,464,732	)	$	40,646	$	(1,424,086	)
	Loss from discontinued operations	$	(207,533	)	$	—	$	(207,533	)
	Depreciation	$	63,777		$	—	$	63,777
	Capital expenditures	$	—		$	—	$	—
	Three months ended December 31, 2012
	Net operating revenues	$	4,973,223		$	—	$	4,973,223
	Net other income	$	—		$	160,987	$	160,987
	Income from continuing operations before income taxes	$	162,055		$	160,987	$	323,042
	Loss from discontinued operations	$	(11,747	)	$	—	$	(11,747	)
	Depreciation	$	68,830		$	—	$	68,830
	Capital expenditures	$	39,159		$	—	$	39,159

CONTINGENCIES_AND_COMMITMENTS

CONTINGENCIES AND COMMITMENTS	6 Months Ended
	Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract]	'
CONTINGENCIES AND COMMITMENTS	'
	CONTINGENCIES AND COMMITMENTS
	The Company continuously reviews all investor, employee and vendor complaints, and pending or threatened litigation. The likelihood that a loss contingency exists is evaluated through consultation with legal counsel, and a loss contingency is recorded if probable and reasonably estimable.
	During the normal course of business, the Company may be subject to claims, legal proceedings, and other contingencies. These matters are subject to various uncertainties, and it is possible that some of these matters may be resolved unfavorably. The Company establishes accruals for matters for which the outcome is probable and can be reasonably estimated. Management believes that any liability in excess of these accruals upon the ultimate resolution of these matters will not have a material adverse effect on the consolidated financial statements of the Company.
	The Board has authorized a monthly dividend of $0.005 per share through March 31, 2014, at which time it will be considered for continuation by the Board. Payment of cash dividends is within the discretion of the Company’s Board of Directors and is dependent on earnings, operations, capital requirements, general financial condition of the Company, and general business conditions. The total amount of cash dividends expected to be paid to class A and class C shareholders from January to March 2014 is approximately $232,327.

DISCONTINUED_OPERATIONS

DISCONTINUED OPERATIONS	6 Months Ended
	Dec. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]	'
DISCONTINUED OPERATIONS	'
	DISCONTINUED OPERATIONS
	The Company’s Board of Directors formally agreed on August 23, 2013, to exit the transfer agency business so that the Company could focus more on its core strength of investment management. USSI served as transfer agent until conversion to the new transfer agent in December 2013.
	The transfer agency results, together with expenses associated with discontinuing transfer agency operations, are reflected as discontinued operations in the statement of operations and are therefore excluded from continuing operations results. These expenses include approximately $65,187 of expenses related to leased equipment that will not be utilized. Comparative periods shown in the statement of operations have been adjusted to conform with this presentation.
	The assets and liabilities related to the transfer agency business are as follows at December 31, 2013:
		As of December 31, 2013
	Assets
	Receivables	$	19,430
	Property and equipment, net	35,777
	Total assets held related to discontinued operations	$	55,207
	Liabilities
	Accrued compensation	$	31,010
	Other accrued expenses	81,094
	Total liabilities held related to discontinued operations	$	112,104
	The components of income from discontinued operations were as follows for the three and six months ended December 31, 2013 and 2012:
			Three Months Ended December 31,
			2013			2012
	Operating revenue		$	226,812		$	356,991
	Operating expenses		541,256			374,790
	Loss from discontinued operations before income taxes		(314,444		)	(17,799		)
	Income tax benefit		(106,911		)	(6,052		)
	Loss from discontinued operations, net of tax		$	(207,533	)	$	(11,747	)
			Six Months Ended December 31,
			2013			2012
	Operating revenue		$	540,404		$	721,362
	Operating expenses		898,249			806,192
	Loss from discontinued operations before income taxes		(357,845		)	(84,830		)
	Income tax benefit		(121,667		)	(28,843		)
	Loss from discontinued operations, net of tax		$	(236,178	)	$	(55,987	)

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Dec. 31, 2013
Subsequent Events [Abstract]	'
SUBSEQUENT EVENTS	'
	SUBSEQUENT EVENTS
	On January 17, 2014, Galileo provided written notice allowing U.S. Global to purchase an additional 15 percent of Galileo. The Company plans to proceed with the purchase in the Company’s third fiscal quarter. After the additional purchase, the Company will own 65 percent of the outstanding shares of Galileo.

BASIS_OF_PRESENTATION_BASIS_OF

BASIS OF PRESENTATION BASIS OF PRESENTATION (Policies)	6 Months Ended
	Dec. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Basis of Presentation	'
	BASIS OF PRESENTATION
	U.S. Global Investors, Inc. (the “Company” or “U.S. Global”) has prepared the consolidated financial statements pursuant to accounting principles generally accepted in the United States of America (“U.S. GAAP”) and the rules and regulations of the United States Securities and Exchange Commission (“SEC”) that permit reduced disclosure for interim periods. The financial information included herein reflects all adjustments (consisting solely of normal recurring adjustments), which are, in management’s opinion, necessary for a fair presentation of results for the interim periods presented. The Company has consistently followed the accounting policies set forth in the notes to the consolidated financial statements in the Company’s Form 10-K for the fiscal year ended June 30, 2013.
	The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, United Shareholder Services, Inc. (“USSI”), U.S. Global Investors (Guernsey) Limited (“USGG”) (on August 3, 2013, USGG was dissolved), U.S. Global Brokerage, Inc., U.S. Global Investors (Bermuda) Limited, U.S. Global Investors (Canada) Limited, and U.S. Global Indices, LLC.
	All significant intercompany balances and transactions have been eliminated in consolidation. Certain amounts have been reclassified for comparative purposes. The results of operations for the six months ended December 31, 2013, are not necessarily indicative of the results to be expected for the entire year.
	The unaudited interim financial information in these condensed financial statements should be read in conjunction with the consolidated financial statements contained in the Company’s annual report.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	In July 2013, the FASB issued ASU 2013-11, Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. Under this standard, an unrecognized tax benefit should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss or a tax credit carryforward, rather than as a liability, when the uncertain tax position would reduce the net operating loss or other carryforward under the tax law. The standard is effective for interim and annual periods beginning after December 15, 2013, and should be applied prospectively to all unrecognized tax benefits that exist at the effective date. Retrospective application is permitted. The Company is currently evaluating the impact of the standard on its consolidated results of operations and financial condition.

INVESTMENTS_Tables

INVESTMENTS (Tables)	6 Months Ended
	Dec. 31, 2013
Investments, All Other Investments [Abstract]	'
Market Value, Cost, and Unrealized Gain or Loss on Investments	'
	The following summarizes the market value, cost, and unrealized gain or loss on investments as of December 31, 2013, and June 30, 2013.
	Securities	Market Value			Cost			Unrealized Gain			Unrealized holding
								(Loss)			gains on available-for-
											sale securities, net of
											tax
	Trading1	$	18,640,758		$	19,062,335		$	(421,577	)	N/A
	Available-for-sale2	7,343,679			6,485,471			858,208			$	566,417
	Total at December 31, 2013	$	25,984,437		$	25,547,806		$	436,631
	Trading1	$	4,758,220		$	5,457,989		$	(699,769	)	N/A
	Available-for-sale2	9,053,111			8,064,902			988,209			$	652,218
	Total at June 30, 2013	$	13,811,331		$	13,522,891		$	288,440
	1Unrealized and realized gains and losses on trading securities are included in earnings in the statement of operations.
	2Unrealized gains and losses on available-for-sale securities are excluded from earnings and recorded in other comprehensive income as a separate component of shareholders’ equity until realized.
Components of Company's Available-for-Sale Investments	'
	The following details the components of the Company’s available-for-sale investments as of December 31, 2013, and June 30, 2013.
		December 31, 2013 (in thousands)
					Gross Unrealized
		Cost			Gains			(Losses)			Market Value
	Available-for-sale securities
	Common stock	$	1,668		$	1,075		$	(11	)	$	2,732
	Preferred stock	204			—			(7		)	197
	Corporate debt	1,718			—			(226		)	1,492
	Venture capital investments	168			—			(5		)	163
	Mutual funds	2,727			61			(29		)	2,759
	Total available-for-sale securities	$	6,485		$	1,136		$	(278	)	$	7,343
		June 30, 2013 (in thousands)
					Gross Unrealized
		Cost			Gains			(Losses)			Market Value
	Available-for-sale securities
	Common stock	$	870		$	529		$	(5	)	$	1,394
	Venture capital investments	168			—			(5		)	163
	Offshore funds	5,000			—			(288		)	4,712
	Mutual funds	2,027			760			(3		)	2,784
	Total available-for-sale securities	$	8,065		$	1,289		$	(301	)	$	9,053
Summary of Gross Unrealized Losses and Fair Values of Available-for-Sale Investment Securities	'
	The following tables show the gross unrealized losses and fair values of available-for-sale investment securities with unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position:
		December 31, 2013 (in thousands)
		Less Than 12 Months						12 Months or Greater						Total
		Fair Value			Gross			Fair Value			Gross			Fair Value		Gross
					Unrealized						Unrealized					Unrealized
					Losses						Losses					Losses
	Available-for-sale securities
	Common stock	$	322		$	(11	)	$	—		$	—		$	322	$	(11	)
	Preferred stock	197			(7		)	—			—			197		(7		)
	Corporate debt	1,242			(226		)	—			—			1,242		(226		)
	Venture capital investments	163			(5		)	—			—			163		(5		)
	Mutual funds	982			(29		)	—			—			982		(29		)
	Total available-for-sale securities	$	2,906		$	(278	)	$	—		$	—		$	2,906	$	(278	)
		June 30, 2013 (in thousands)
		Less Than 12 Months						12 Months or Greater						Total
		Fair Value			Gross			Fair Value			Gross			Fair Value		Gross
					Unrealized						Unrealized					Unrealized
					Losses						Losses					Losses
	Available-for-sale securities
	Common stock	$	95		$	(5	)	$	—		$	—		$	95	$	(5	)
	Venture capital investments	163			(5		)	—			—			163		(5		)
	Offshore funds	—			—			4,712			(288		)	4,712		(288		)
	Mutual funds	3			(3		)	—			—			3		(3		)
	Total available-for-sale securities	$	261		$	(13	)	$	4,712		$	(288	)	$	4,973	$	(301	)
Investment Income (Loss) Reflected in Earnings	'
	The following summarizes investment income reflected in earnings for the periods discussed:
	Investment Income	Six Months Ended December 31,
		2013			2012
	Realized gains on sales of available-for-sale securities	$	692,673		$	217,200
	Realized losses on sales of trading securities	(168,218		)	(244,627		)
	Unrealized gains on trading securities	278,191			348,739
	Realized foreign currency gains (losses)	4,527			(2,751		)
	Other-than-temporary declines in available-for sale securities	—			(41,837		)
	Dividend and interest income	301,702			84,914
	Total Investment Income	$	1,108,875		$	361,638
	Investment Income	Three Months Ended December 31,
		2013			2012
	Realized gains (losses) on sales of available-for-sale securities	$	(182,673	)	$	217,200
	Realized losses on sales of trading securities	(168,218		)	(244,627		)
	Unrealized gains on trading securities	169,488			177,158
	Realized foreign currency losses	(452		)	(2,726		)
	Other-than-temporary declines in available-for sale securities	—			(41,837		)
	Dividend and interest income	230,080			55,819
	Total Investment Income	$	48,225		$	160,987

FAIR_VALUE_DISCLOSURES_Tables

FAIR VALUE DISCLOSURES (Tables)	6 Months Ended
	Dec. 31, 2013
Fair Value Disclosures [Abstract]	'
Fair Value Measurements on Recurring Basis	'
	The following table presents fair value measurements, as of December 31, 2013, for the three major categories of U.S. Global’s investments measured at fair value on a recurring basis:
		Fair Value Measurement using (in thousands)
		31-Dec-13
		Quoted Prices			Significant			Significant		Total
		(Level 1)			Other Inputs			Unobservable
					(Level 2)			Inputs
								(Level 3)
	Trading securities
	Common stock	$	16		$	—		$	—	$	16
	Offshore fund	—			877			—		877
	Mutual funds	17,748			—			—		17,748
	Total trading securities	17,764			877			—		18,641
	Available-for-sale securities
	Common stock	2,638			—			94		2,732
	Preferred stock	106			—			91		197
	Corporate debt	252			990			250		1,492
	Venture capital investments	—			—			163		163
	Mutual funds	2,759			—			—		2,759
	Total available-for-sale securities	5,755			990			598		7,343
	Total Investments	$	23,519		$	1,867		$	598	$	25,984
Summary of Investments Measured at Fair Value on Recurring Basis	'
	The following table is a reconciliation of investments for which unobservable inputs (Level 3) were used in determining fair value during the period ended December 31, 2013:
		Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis (in thousands)
		Six Months Ended December 31,
		2013										2012
		Common			Preferred Stock			Corporate Debt		Venture		Common		Preferred		Corporate Debt		Venture
		Stock								Capital		Stock		Stock				Capital
										Investment								Investment
	Beginning Balance	$	95		$	—		$	—	$	163	$	—	$	—	$	—	$	168
	Total unrealized gains (losses)
	Included in earnings (investment income)	—			—			—		—		—		—		—		—
	Included in other comprehensive income	(1		)	(6		)	—		—		—		—		—		—
	Purchases	—			97			250		—		—		—		—		—
	Sales	—			—			—		—		—		—		—		—
	Transfers into Level 3	—			—			—		—		—		—		—		—
	Transfers out of Level 3	—			—			—		—		—		—		—		—
	Ending Balance	$	94		$	91		$	250	$	163	$	—	$	—	$	—	$	168

EARNINGS_PER_SHARE_Tables

EARNINGS PER SHARE (Tables)	6 Months Ended
	Dec. 31, 2013
Earnings Per Share [Abstract]	'
Computation for Basic and Diluted Earning Per Share	'
	The following table sets forth the computation for basic and diluted EPS:
		Six Months Ended December 31,
		2013			2012
	Income (loss) from continuing operations	$	(966,442	)	$	270,772
	Loss from discontinued operations	(236,178		)	(55,987		)
	Net income (loss)	$	(1,202,620	)	$	214,785
	Weighted average number of outstanding shares
	Basic	15,471,816			15,481,547
	Effect of dilutive securities
	Employee stock options	—			—
	Diluted	15,471,816			15,481,547
	Earnings (loss) per share
	Basic
	Income (loss) from continuing operations	$	(0.06	)	$	0.01
	Loss from discontinued operations	(0.02		)	0
	Net income (loss)	$	(0.08	)	$	0.01
	Diluted
	Income (loss) from continuing operations	$	(0.06	)	$	0.01
	Loss from discontinued operations	(0.02		)	0
	Net income (loss)	$	(0.08	)	$	0.01
		Three Months Ended December 31,
		2013			2012
	Income (loss) from continuing operations	$	(957,674	)	$	177,732
	Loss from discontinued operations	(207,533		)	(11,747		)
	Net income (loss)	$	(1,165,207	)	$	165,985
	Weighted average number of outstanding shares
	Basic	15,472,370			15,487,207
	Effect of dilutive securities
	Employee stock options	—			—
	Diluted	15,472,370			15,487,207
	Earnings (loss) per share
	Basic
	Income (loss) form continuing operations	$	(0.06	)	$	0.01
	Loss from discontinued operations	(0.02		)	0
	Net income (loss)	$	(0.08	)	$	0.01
	Diluted
	Income (loss) form continuing operations	$	(0.06	)	$	0.01
	Loss from discontinued operations	(0.02		)	0
	Net income (loss)	$	(0.08	)	$	0.01

FINANCIAL_INFORMATION_BY_BUSIN1

FINANCIAL INFORMATION BY BUSINESS SEGMENT (Tables)	6 Months Ended
	Dec. 31, 2013
Segment Reporting [Abstract]	'
Schedule Details of Financial Information by Business Segment	'
	The following schedule details total revenues and income by business segment:
		Investment			Corporate		Consolidated
		Management			Investments
		Services
	Six months ended December 31, 2013
	Net operating revenues	$	5,791,745		$	—	$	5,791,745
	Net other income	$	—		$	1,094,108	1,094,108
	Income (loss) from continuing operations before income taxes	$	(2,540,968	)	$	1,094,108	(1,446,860		)
	Loss from discontinued operations	$	(236,178	)	$	—	(236,178		)
	Depreciation	$	128,230		$	—	$	128,230
	Capital expenditures	$	—		$	—	$	—
	Gross identifiable assets at December 31, 2013	$	9,940,610		$	26,692,640	$	36,633,250
	Deferred tax asset						$	632,285
	Consolidated total assets at December 31, 2013						$	37,265,535
	Six months ended December 31, 2012
	Net operating revenues	$	9,385,767		$	—	$	9,385,767
	Net other income	$	—		$	361,638	361,638
	Income from continuing operations before income taxes	$	117,971		$	361,638	479,609
	Loss from discontinued operations	$	(55,987	)	$	—	(55,987		)
	Depreciation	$	137,577		$	—	$	137,577
	Capital expenditures	$	39,159		$	—	$	39,159
	Three months ended December 31, 2013
	Net operating revenues	$	2,739,744		$	—	$	2,739,744
	Net other income	$	—		$	40,646	$	40,646
	Income (loss) from continuing operations before income taxes	$	(1,464,732	)	$	40,646	$	(1,424,086	)
	Loss from discontinued operations	$	(207,533	)	$	—	$	(207,533	)
	Depreciation	$	63,777		$	—	$	63,777
	Capital expenditures	$	—		$	—	$	—
	Three months ended December 31, 2012
	Net operating revenues	$	4,973,223		$	—	$	4,973,223
	Net other income	$	—		$	160,987	$	160,987
	Income from continuing operations before income taxes	$	162,055		$	160,987	$	323,042
	Loss from discontinued operations	$	(11,747	)	$	—	$	(11,747	)
	Depreciation	$	68,830		$	—	$	68,830
	Capital expenditures	$	39,159		$	—	$	39,159

DISCONTINUED_OPERATIONS_Tables

DISCONTINUED OPERATIONS (Tables)	6 Months Ended
	Dec. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]	'
Summary of Assets and Liabilities Related to Transfer Agency Business	'
	The assets and liabilities related to the transfer agency business are as follows at December 31, 2013:
		As of December 31, 2013
	Assets
	Receivables	$	19,430
	Property and equipment, net	35,777
	Total assets held related to discontinued operations	$	55,207
	Liabilities
	Accrued compensation	$	31,010
	Other accrued expenses	81,094
	Total liabilities held related to discontinued operations	$	112,104
Summary of Income from Discontinued Operations	'
	The components of income from discontinued operations were as follows for the three and six months ended December 31, 2013 and 2012:
			Three Months Ended December 31,
			2013			2012
	Operating revenue		$	226,812		$	356,991
	Operating expenses		541,256			374,790
	Loss from discontinued operations before income taxes		(314,444		)	(17,799		)
	Income tax benefit		(106,911		)	(6,052		)
	Loss from discontinued operations, net of tax		$	(207,533	)	$	(11,747	)

Investments_Additional_Informa

Investments - Additional Information (Detail) (USD $)	Dec. 31, 2013	Jun. 30, 2013
Fair Value Disclosures [Abstract]	'	'
Fair value of investments held	$25,984,437	$13,811,331
Cost basis of investments held	25,547,806	13,522,891
Market value of investments to Company's total assets	69.70%	'
Government Fund | Mutual funds	'	'
Schedule of Trading Securities and Other Trading Assets [Line Items]	'	'
Amount as of conversion date held in trading mutual fund	$14,118,943	'

Investments_Market_Value_Cost_

Investments - Market Value, Cost, and Unrealized Gain or Loss on Investments (Detail) (USD $)	Dec. 31, 2013		Jun. 30, 2013
Amortized Cost And Fair Value Debt Securities [Abstract]	'		'
Trading, market value	$18,640,758		$4,758,220
Available-for-sale, market value	7,343,679		9,053,111
Total investments, market value	25,984,437		13,811,331
Trading, cost	19,062,335		5,457,989
Available-for-sale, cost	6,485,471		8,064,902
Total, cost	25,547,806		13,522,891
Trading, unrealized gain (loss)	-421,577	[1]	-699,769	[1]
Available-for-sale securities, unrealized gain (loss)	858,208	[2]	988,209	[2]
Total, unrealized gain (loss)	436,631		288,440
Available-for-sale, unrealized holding gains on available-for-sale securities	$566,417		$652,218
[1]	Unrealized and realized gains and losses on trading securities are included in earnings in the statement of operations.
[2]	Unrealized gains and losses on available-for-sale securities are excluded from earnings and recorded in other comprehensive income as a separate component of shareholdersb equity until realized.

Investments_Components_of_Comp

Investments - Components of Company's Available-for-Sale Investments (Detail) (USD $)	Dec. 31, 2013	Jun. 30, 2013
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale, cost	$6,485,471	$8,064,902
Available-for-sale, gross unrealized gain	1,136,000	1,289,000
Available-for-sale, gross unrealized (loss)	-278,000	-301,000
Available-for-sale, market value	7,343,679	9,053,111
Common stock	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale, cost	1,668,000	870,000
Available-for-sale, gross unrealized gain	1,075,000	529,000
Available-for-sale, gross unrealized (loss)	-11,000	-5,000
Available-for-sale, market value	2,732,000	1,394,000
Preferred stock	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale, cost	204,000	'
Available-for-sale, gross unrealized gain	0	'
Available-for-sale, gross unrealized (loss)	-7,000	'
Available-for-sale, market value	197,000	'
Corporate debt	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale, cost	1,718,000	'
Available-for-sale, gross unrealized gain	0	'
Available-for-sale, gross unrealized (loss)	-226,000	'
Available-for-sale, market value	1,492,000	'
Venture capital investments	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale, cost	168,000	168,000
Available-for-sale, gross unrealized gain	0	0
Available-for-sale, gross unrealized (loss)	-5,000	-5,000
Available-for-sale, market value	163,000	163,000
Offshore funds	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale, cost	'	5,000,000
Available-for-sale, gross unrealized gain	'	0
Available-for-sale, gross unrealized (loss)	'	-288,000
Available-for-sale, market value	'	4,712,000
Mutual funds	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale, cost	2,727,000	2,027,000
Available-for-sale, gross unrealized gain	61,000	760,000
Available-for-sale, gross unrealized (loss)	-29,000	-3,000
Available-for-sale, market value	$2,759,000	$2,784,000

Investments_Summary_of_Gross_U

Investments - Summary of Gross Unrealized Losses and Fair Values of Available-For-Sale Investment Securities (Detail) (USD $)	Dec. 31, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	$2,906	$261
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	-278	-13
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, fair value	0	4,712
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	0	-288
Available-for-sale securities, continuous unrealized loss position, fair value, total	2,906	4,973
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	-278	-301
Common stock	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	322	95
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	-11	-5
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, fair value	0	0
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	0	0
Available-for-sale securities, continuous unrealized loss position, fair value, total	322	95
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	-11	-5
Preferred stock	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	197	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	-7	'
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, fair value	0	'
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	0	'
Available-for-sale securities, continuous unrealized loss position, fair value, total	197	'
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	-7	'
Corporate debt	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	1,242	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	-226	'
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, fair value	0	'
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	0	'
Available-for-sale securities, continuous unrealized loss position, fair value, total	1,242	'
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	-226	'
Venture capital investments	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	163	163
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	-5	-5
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, fair value	0	0
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	0	0
Available-for-sale securities, continuous unrealized loss position, fair value, total	163	163
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	-5	-5
Offshore funds	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	'	0
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	'	0
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, fair value	'	4,712
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	'	-288
Available-for-sale securities, continuous unrealized loss position, fair value, total	'	4,712
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	'	-288
Mutual funds	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	982	3
Available-for-sale securities, continuous unrealized loss position, less than 12 months, accumulated loss	-29	-3
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, fair value	0	0
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, accumulated loss	0	0
Available-for-sale securities, continuous unrealized loss position, fair value, total	982	3
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	($29)	($3)

Investments_Investment_Income_

Investments - Investment Income (Loss) Reflected in Earnings (Detail) (USD $)	3 Months Ended		6 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Marketable Securities, Gain (Loss) [Abstract]	'	'	'	'
Realized gains on sales of available-for-sale securities	($182,673)	$217,200	$692,673	$217,200
Realized losses on sales of trading securities	-168,218	-244,627	-168,218	-244,627
Unrealized gains on trading securities	169,488	177,158	278,191	348,739
Realized foreign currency gains (losses)	-452	-2,726	4,527	-2,751
Other-than-temporary declines in available-for sale securities	0	-41,837	0	-41,837
Dividend and interest income	230,080	55,819	301,702	84,914
Total Investment Income	$48,225	$160,987	$1,108,875	$361,638

Fair_Value_Disclosures_Fair_Va

Fair Value Disclosures - Fair Value Measurements on Recurring Basis (Detail) (USD $)	Dec. 31, 2013	Jun. 30, 2013
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Trading securities, at fair value	$18,640,758	$4,758,220
Available-for-sale, market value	7,343,679	9,053,111
Total investments, market value	25,984,437	13,811,331
Common stock	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Trading securities, at fair value	16,000	'
Available-for-sale, market value	2,732,000	1,394,000
Preferred stock	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Available-for-sale, market value	197,000	'
Corporate debt	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Available-for-sale, market value	1,492,000	'
Venture capital investments	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Available-for-sale, market value	163,000	'
Offshore funds	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Trading securities, at fair value	877,000	'
Available-for-sale, market value	'	4,712,000
Mutual funds	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Trading securities, at fair value	17,748,000	'
Available-for-sale, market value	2,759,000	2,784,000
Quoted Prices (Level 1) | Recurring basis	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Trading securities, at fair value	17,764,000	'
Available-for-sale, market value	5,755,000	'
Total investments, market value	23,519,000	'
Quoted Prices (Level 1) | Common stock | Recurring basis	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Trading securities, at fair value	16,000	'
Available-for-sale, market value	2,638,000	'
Quoted Prices (Level 1) | Preferred stock | Recurring basis	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Available-for-sale, market value	106,000	'
Quoted Prices (Level 1) | Corporate debt | Recurring basis	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Available-for-sale, market value	252,000	'
Quoted Prices (Level 1) | Venture capital investments | Recurring basis	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Available-for-sale, market value	0	'
Quoted Prices (Level 1) | Offshore funds | Recurring basis	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Trading securities, at fair value	0	'
Quoted Prices (Level 1) | Mutual funds | Recurring basis	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Trading securities, at fair value	17,748,000	'
Available-for-sale, market value	2,759,000	'
Significant Other Inputs (Level 2) | Recurring basis	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Trading securities, at fair value	877,000	'
Available-for-sale, market value	990,000	'
Total investments, market value	1,867,000	'
Significant Other Inputs (Level 2) | Common stock | Recurring basis	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Trading securities, at fair value	0	'
Available-for-sale, market value	0	'
Significant Other Inputs (Level 2) | Preferred stock | Recurring basis	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Available-for-sale, market value	0	'
Significant Other Inputs (Level 2) | Corporate debt | Recurring basis	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Available-for-sale, market value	990,000	'
Significant Other Inputs (Level 2) | Venture capital investments | Recurring basis	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Available-for-sale, market value	0	'
Significant Other Inputs (Level 2) | Offshore funds | Recurring basis	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Trading securities, at fair value	877,000	'
Significant Other Inputs (Level 2) | Mutual funds | Recurring basis	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Trading securities, at fair value	0	'
Available-for-sale, market value	0	'
Significant Unobservable Inputs (Level 3) | Recurring basis	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Trading securities, at fair value	0	'
Available-for-sale, market value	598,000	'
Total investments, market value	598,000	'
Significant Unobservable Inputs (Level 3) | Common stock | Recurring basis	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Trading securities, at fair value	0	'
Available-for-sale, market value	94,000	'
Significant Unobservable Inputs (Level 3) | Preferred stock | Recurring basis	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Available-for-sale, market value	91,000	'
Significant Unobservable Inputs (Level 3) | Corporate debt | Recurring basis	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Available-for-sale, market value	250,000	'
Significant Unobservable Inputs (Level 3) | Venture capital investments | Recurring basis	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Available-for-sale, market value	163,000	'
Significant Unobservable Inputs (Level 3) | Offshore funds | Recurring basis	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Trading securities, at fair value	0	'
Significant Unobservable Inputs (Level 3) | Mutual funds | Recurring basis	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Trading securities, at fair value	0	'
Available-for-sale, market value	$0	'

Fair_Value_Disclosures_Additio

Fair Value Disclosures - Additional Information (Detail) (USD $)	3 Months Ended
	Dec. 31, 2013
Fair Value Assets Liabilities Quantitative Information [Line Items]	'
Percentage of financial assets derived from Level 1 inputs measured at fair value	91.00%
Change in unrealized gain (loss)	$0
Significant Other Inputs (Level 2)	'
Fair Value Assets Liabilities Quantitative Information [Line Items]	'
Percentage of financial assets derived from Level 2 inputs measured at fair value	7.00%
Significant Unobservable Inputs (Level 3)	'
Fair Value Assets Liabilities Quantitative Information [Line Items]	'
Percentage of financial assets derived from Level 3 inputs measured at fair value	2.00%
Offshore fund | Significant Other Inputs (Level 2) | Energy and natural resources sectors	'
Fair Value Assets Liabilities Quantitative Information [Line Items]	'
Trading securities, at fair value	877,108
Venture capital investments | Medical and medical technology sectors	'
Fair Value Assets Liabilities Quantitative Information [Line Items]	'
Fair value investment entities calculating net asset value per share unfunded commitments	$62,500
Available-for-sale securities | Offshore fund | Significant Other Inputs (Level 2)	'
Fair Value Assets Liabilities Quantitative Information [Line Items]	'
Redemption description of investment	'First business day of each month after providing a redemption notice at least forty-five days prior to the proposed redemption date.
Trading securities | Offshore fund | Significant Other Inputs (Level 2)	'
Fair Value Assets Liabilities Quantitative Information [Line Items]	'
Redemption description of investment	'First business day of each month after providing a redemption notice at least forty-five days prior to the proposed redemption date.

Fair_Value_Disclosures_Summary

Fair Value Disclosures - Summary of Investments Measured at Fair Value on a Recurring Basis (Detail) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Common stock	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Beginning Balance	$95	$0
Total unrealized gains (losses)	'	'
Included in earnings (investment income)	0	0
Included in other comprehensive income	-1	0
Purchases	0	0
Sales	0	0
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Ending Balance	94	0
Preferred stock	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Beginning Balance	0	0
Total unrealized gains (losses)	'	'
Included in earnings (investment income)	0	0
Included in other comprehensive income	-6	0
Purchases	97	0
Sales	0	0
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Ending Balance	91	0
Corporate debt	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Beginning Balance	0	0
Total unrealized gains (losses)	'	'
Included in earnings (investment income)	0	0
Included in other comprehensive income	0	0
Purchases	250	0
Sales	0	0
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Ending Balance	250	0
Venture capital investments	'	'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'	'
Beginning Balance	163	168
Total unrealized gains (losses)	'	'
Included in earnings (investment income)	0	0
Included in other comprehensive income	0	0
Purchases	0	0
Sales	0	0
Transfers into Level 3	0	0
Transfers out of Level 3	0	0
Ending Balance	$163	$168

Equity_Investment_Additional_I

Equity Investment - Additional Information (Detail) (USD $)	0 Months Ended	3 Months Ended			6 Months Ended
	Jan. 17, 2014	Dec. 31, 2013	Mar. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Schedule of Equity Method Investments [Line Items]	'	'	'	'	'	'
Percentage of shares issued and outstanding of Galileo	'	'	50.00%	'	'	'
Purchase of Galileo shares	'	'	$600,000	'	'	'
Purchase of additional equity shares	15.00%	'	'	'	'	'
Net loss from equity method investment	'	-7,579	'	0	-14,767	0
Galileo Global Equity Advisor Inc	'	'	'	'	'	'
Schedule of Equity Method Investments [Line Items]	'	'	'	'	'	'
Net loss from equity method investment	'	($7,579)	'	'	($14,767)	'
Galileo Global Equity Advisor Inc | Subsequent event	'	'	'	'	'	'
Schedule of Equity Method Investments [Line Items]	'	'	'	'	'	'
Purchase of additional equity shares	15.00%	'	'	'	'	'
Forecast | Galileo Global Equity Advisor Inc | Subsequent event	'	'	'	'	'	'
Schedule of Equity Method Investments [Line Items]	'	'	'	'	'	'
Percentage of shares issued and outstanding of Galileo	65.00%	'	'	'	'	'

Recovered_Sheet1

Investment Management Transfer Agent and Other Fees - Additional Information (Detail) (USD $)

1 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

1 Months Ended

6 Months Ended

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Nov. 30, 2013

Dec. 31, 2013

Dec. 31, 2013

Offshore funds

Offshore funds

Offshore funds

Offshore funds

Investor Class Shares

Investor Class Shares

Institutional Class Shares

Institutional Class Shares

Offshore Funds

Offshore Funds

Government Fund

U.S. Treasury Securities Cash Fund

Minimum

Maximum

Minimum

Maximum

Investment Advisory Services

Investment Advisory Services

company

fund

Investment Management And Other Fees [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Base advisory fee adjustment, description

'Is adjusted upwards or downwards by 0.25 percent when there is a performance difference of 5 percent or more between a fundbs performance and that of its designated benchmark index over the prior rolling 12 months.

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Base percentage adjustment when fund performance is not within limits to benchmark index

0.25%

0.25%

'

0.25%

'

'

'

'

'

'

'

'

'

'

'

'

'

Percent minimum performance to designated benchmark over prior rolling 12 months

5.00%

5.00%

'

5.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

Increase (decrease) in base advisory fees realized

'

($286,070)

$181,850

($418,681)

($165,064)

'

'

'

'

'

'

'

'

'

'

'

'

Date through which the company agreed to contractually limit the expenses of the two fixed income funds and the institutional class of Global Resources Fund

'

'4/30/2014

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Aggregate fees waived and expenses borne

'

892,841

854,558

1,748,211

1,704,599

'

'

'

'

'

'

'

'

'

'

'

'

Fees waived and or expenses reimbursed U.S. Treasury Securities Cash Fund to maintain minimum yield

'

248,813

286,600

583,577

587,235

'

'

'

'

'

'

'

'

'

'

'

'

Minimum yield waivers recoverable through 12/31/14

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-736,531

'

Minimum yield waivers recoverable through 12/31/15

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-509,874

'

Minimum yield waivers recoverable through 12/31/16

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-498,342

'

Minimum yield waivers subject to future recovery

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

Annual administrative fee rate

'

'

'

'

'

'

'

'

'

0.08%

0.10%

0.06%

0.08%

'

'

'

'

Administrative services fees on average daily net assets

10,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of offshore clients company provides advisory services for

'

'

'

'

'

'

'

'

'

'

'

'

'

3

'

'

'

Number of funds liquidated

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1

'

'

Recorded advisory and performance fees

'

'

'

'

'

$52,790

$79,012

$105,068

$169,574

'

'

'

'

'

'

'

'

Borrowings_Additional_Informat

Borrowings - Additional Information (Detail) (USD $)	3 Months Ended
	Dec. 31, 2013
Debt Disclosure [Abstract]	'
Long-term liabilities	$0
Credit facility with a one-year maturity for working capital	$1,000,000
Credit facility maturity period	'1 year

Stockholders_Equity_Additional

Stockholders' Equity - Additional Information (Detail) (USD $)	1 Months Ended	3 Months Ended		6 Months Ended		12 Months Ended
	Dec. 07, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2014
Stockholders Equity [Line Items]	'	'	'	'	'	'
Cash dividend declared monthly (per share)	'	$0.01	'	'	'	'
Stock repurchase program, authorized amount	$2,750,000	'	'	'	'	$2,750,000
Payments for repurchase of common stock	'	'	'	109,737	0	'
Stock-based compensation expense	'	610	610	1,220	8,320	'
Unrecognized share-based compensation cost	'	6,507	8,947	6,507	8,947	'
Number of options, options outstanding	'	29,000	'	29,000	'	'
Weighted average exercise price, options outstanding	'	$17.03	'	$17.03	'	'
Number of options, options exercisable	'	26,000	'	26,000	'	'
Weighted average exercise price, options exercisable	'	$18.25	'	$18.25	'	'
Common Class A	'	'	'	'	'	'
Stockholders Equity [Line Items]	'	'	'	'	'	'
Repurchased shares	'	28,227	'	41,446	'	'
Payments for repurchase of common stock	'	$72,528	'	$109,737	'	'

Earnings_Per_Share_Computation

Earnings Per Share - Computation for Basic and Diluted Earnings Per Share (Detail) (USD $)	3 Months Ended		6 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Earnings Per Share [Abstract]	'	'	'	'
Income (loss) from continuing operations	($957,674)	$177,732	($966,442)	$270,772
Loss from discontinued operations	-207,533	-11,747	-236,178	-55,987
Net Income (Loss)	($1,165,207)	$165,985	($1,202,620)	$214,785
Weighted average number of outstanding shares Basic	15,472,370	15,487,207	15,471,816	15,481,547
Effect of dilutive securities	'	'	'	'
Employee stock options	0	0	0	0
Diluted	15,472,370	15,487,207	15,471,816	15,481,547
Basic:	'	'	'	'
Income (loss) from continuing operations (in dollars per share)	($0.06)	$0.01	($0.06)	$0.01
Loss from discontinued operations (in dollars per share)	($0.02)	$0	($0.02)	$0
Net income (loss) (in dollars per share)	($0.08)	$0.01	($0.08)	$0.01
Diluted:	'	'	'	'
Income (loss) from continuing operations (in dollars per share)	($0.06)	$0.01	($0.06)	$0.01
Loss from discontinued operations (in dollars per share)	($0.02)	$0	($0.02)	$0
Net income (loss) (in dollars per share)	($0.08)	$0.01	($0.08)	$0.01

Earnings_Per_Share_Additional_

Earnings Per Share - Additional Information (Detail) (USD $)	3 Months Ended		6 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Repurchased Shares:	'	'	'	'
Repurchasing amount	'	'	109,737	0
Common Class A	'	'	'	'
Repurchased Shares:	'	'	'	'
Repurchased shares	28,227	'	41,446	'
Repurchasing amount	72,528	'	109,737	'
Common Class B	'	'	'	'
Repurchased Shares:	'	'	'	'
Repurchased shares	'	'	0	'
Common Class C	'	'	'	'
Repurchased Shares:	'	'	'	'
Repurchased shares	'	'	0	'
Stock Option	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings per Share [Line Items]	'	'	'	'
Options excluded from diluted EPS calculation	29,000	29,000	29,000	29,000

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail) (USD $)	Dec. 31, 2013	Jun. 30, 2013
Charitable Contribution Carryover	'	'
Income Tax [Line Items]	'	'
Valuation allowance	$34,995	$27,286
Expiration 2018	'	'
Income Tax [Line Items]	'	'
Tax expense at capital loss carryovers	920,000	'
Expiration 2018 -2019	'	'
Income Tax [Line Items]	'	'
Tax expense at charitable contribution carryovers	$103,000	'

Recovered_Sheet2

Financial Information By Business Segments - Schedule Details of Financial Information by Business Segment (Detail) (USD $)	3 Months Ended		6 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Jun. 30, 2013
			segment
Segment Reporting Information [Line Items]	'	'	'	'	'
Number of business segments	'	'	2	'	'
Net operating revenues	$2,739,744	$4,973,223	$5,791,745	$9,385,767	'
Net other income	40,646	160,987	1,094,108	361,638	'
Income (loss) from continuing operations before income taxes	-1,424,086	323,042	-1,446,860	479,609	'
Loss from discontinued operations	-207,533	-11,747	-236,178	-55,987	'
Depreciation	63,777	68,830	128,230	137,577	'
Capital expenditures	0	39,159	0	39,159	'
Gross identifiable assets	36,633,250	'	36,633,250	'	'
Deferred tax asset	632,285	'	632,285	'	'
Consolidated total assets	37,265,535	'	37,265,535	'	38,682,802
Investment Management Services	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Net operating revenues	2,739,744	4,973,223	5,791,745	9,385,767	'
Net other income	0	0	0	0	'
Income (loss) from continuing operations before income taxes	-1,464,732	162,055	-2,540,968	117,971	'
Loss from discontinued operations	-207,533	-11,747	-236,178	-55,987	'
Depreciation	63,777	68,830	128,230	137,577	'
Capital expenditures	0	39,159	0	39,159	'
Gross identifiable assets	9,940,610	'	9,940,610	'	'
Deferred tax asset	'	'	'	'	'
Consolidated total assets	'	'	'	'	'
Corporate Investments	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Net operating revenues	0	0	0	0	'
Net other income	40,646	160,987	1,094,108	361,638	'
Income (loss) from continuing operations before income taxes	40,646	160,987	1,094,108	361,638	'
Loss from discontinued operations	0	0	0	0	'
Depreciation	0	0	0	0	'
Capital expenditures	0	0	0	0	'
Gross identifiable assets	26,692,640	'	26,692,640	'	'
Deferred tax asset	'	'	'	'	'
Consolidated total assets	'	'	'	'	'

Contingencies_and_Commitments_

Contingencies and Commitments - Additional Information (Detail) (USD $)	3 Months Ended
	Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Monthly dividend declared	$0.01
Amount of cash dividends to be paid to class A and class C shareholders	$232,327

Discontinued_Operations_Summar

Discontinued Operations - Summary of Assets and Liabilities Related to Transfer Agency Business (Detail) (USD $)	6 Months Ended
	Dec. 31, 2013	Jun. 30, 2013
Discontinued Operations and Disposal Groups [Abstract]	'	'
Equipment related to leased equipment not utilized	$65,187	'
Assets	'	'
Receivables	19,430	'
Property and equipment, net	35,777	'
Total assets held related to discontinued operations	55,207	420,853
Liabilities	'	'
Accrued compensation	31,010	'
Other accrued expenses	81,094	'
Total liabilities held related to discontinued operations	$112,104	$73,284

Discontinued_Operations_Summar1

Discontinued Operations - Summary of Income from Discontinued Operations (Detail) (USD $)	3 Months Ended		6 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Discontinued Operations and Disposal Groups [Abstract]	'	'	'	'
Operating revenue	$226,812	$356,991	$540,404	$721,362
Operating expenses	541,256	374,790	898,249	806,192
Loss from discontinued operations before income taxes	-314,444	-17,799	-357,845	-84,830
Income tax benefit	-106,911	-6,052	-121,667	-28,843
Loss from discontinued operations, net of tax	($207,533)	($11,747)	($236,178)	($55,987)

Subsequent_Events_Additional_I

Subsequent Events - Additional Information (Detail)	0 Months Ended
	Jan. 17, 2014
Subsequent Event [Line Items]	'
Purchase of additional equity shares	15.00%
Subsequent event | Galileo Global Equity Advisor Inc	'
Subsequent Event [Line Items]	'
Purchase of additional equity shares	15.00%
Subsequent event | Forecast | Galileo Global Equity Advisor Inc	'
Subsequent Event [Line Items]	'
Percentage of shares issued and outstanding of Galileo	65.00%