U.S. Global Investors (GROW) 10-Q 12 May 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Mar. 31, 2014	5-May-14	5-May-14	5-May-14
		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-Mar-14	'	'	'
Document Fiscal Year Focus	'2014	'	'	'
Document Fiscal Period Focus	'Q3	'	'	'
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	'	13,374,755	0	2,069,187

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2014		Jun. 30, 2013
Current Assets	'		'
Cash and cash equivalents	$4,132,185		$18,085,226
Trading securities, at fair value	18,645,573	[1]	4,758,220	[1]
Receivables	'		'
Mutual funds	1,031,310		964,461
Offshore clients	14,500		21,000
Income tax	1,160,094		140,792
Employees	195		5,500
Other	296,505		16,140
Prepaid expenses	600,414		604,701
Deferred tax asset	39,527		195,871
Total Current Assets	25,920,303		24,791,911
Net Property and Equipment	2,908,090		3,084,860
Other Assets	'		'
Deferred tax asset, long term	356,183		677,539
Investment securities available-for-sale, at fair value	6,240,626	[2],[3]	9,053,111	[2],[3]
Other investments	385,439		0
Investment in Galileo	669,519		654,528
Total assets held related to discontinued operations	0		420,853
Total Other Assets	7,651,767		10,806,031
Total Assets	36,480,160		38,682,802
Current Liabilities	'		'
Accounts payable	60,604		71,289
Accrued compensation and related costs	535,516		686,562
Dividends payable	231,931		232,402
Other accrued expenses	704,968		770,024
Total liabilities held related to discontinued operations	45,636		73,284
Total Current Liabilities	1,578,655		1,833,561
Commitments and Contingencies	'		'
Shareholdersb Equity	'		'
Additional paid-in-capital	15,658,586		15,654,397
Treasury stock, class A shares at cost; 494,981 and 463,958 shares at March 31, 2014, and June 30, 2013, respectively	-1,247,387		-1,128,704
Accumulated other comprehensive income, net of tax	745,164		652,218
Retained earnings	19,346,753		21,272,941
Total Shareholdersb Equity	34,901,505		36,849,241
Total Liabilities and Shareholdersb Equity	36,480,160		38,682,802
Common Class A	'		'
Shareholdersb Equity	'		'
Common stock, value	346,659		346,626
Common Class B	'		'
Shareholdersb Equity	'		'
Common stock, value	0		0
Common Class C	'		'
Shareholdersb Equity	'		'
Common stock, value	$51,730		$51,763
[1]	Unrealized and realized gains and losses on trading securities are included in earnings in the statement of operations.
[2]	Net unrealized gains on available-for-sale securities gross and net of tax as of March 31, 2014, are $1,129 and $745, respectively, and as of June 30, 2013, are $988 and $652, respectively.
[3]	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.

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Mar. 31, 2014	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	13,866,361	13,865,021
Treasury stock	494,981	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	2,069,187	2,070,527

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED) (USD $)	3 Months Ended		9 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013
Operating Revenues	'	'	'	'
Distribution fees	$474,002	$694,862	$1,509,684	$2,246,930
Shareholder services fees	229,140	353,560	720,957	1,094,070
Administrative services fees	212,755	230,516	565,940	741,657
Operating Revenue	2,742,032	4,472,982	8,533,777	13,858,747
Operating Expenses	'	'	'	'
Employee compensation and benefits	1,524,000	2,010,747	5,276,847	6,484,024
General and administrative	981,602	1,313,799	4,095,770	4,064,741
Platform fees	419,878	657,724	1,380,616	2,106,056
Advertising	154,577	194,003	504,726	625,091
Depreciation	62,242	67,043	187,053	201,200
Subadvisory fees	15,000	15,000	45,000	45,000
Operating expenses, Total	3,157,299	4,258,316	11,490,012	13,526,112
Operating Income (Loss)	-415,267	214,666	-2,956,235	332,635
Other Income (Loss)	'	'	'	'
Investment income (loss)	373,541	-16,081	1,482,416	345,557
Equity in earnings of Galileo	29,758	0	14,991	0
Other Income (Loss)	403,299	-16,081	1,497,407	345,557
Income (Loss) from Continuing Operations Before Income Taxes	-11,968	198,585	-1,458,828	678,192
Provision for Federal Income Taxes	'	'	'	'
Tax expense (benefit)	14,095	82,958	-466,323	291,794
Income (Loss) from Continuing Operations	-26,063	115,627	-992,505	386,398
Discontinued Operations (Note 12)	'	'	'	'
Loss from operations of discontinued transfer agent	-2,904	-112,818	-360,749	-197,646
Tax benefit	-988	-38,358	-122,655	-67,200
Loss from Discontinued Operations	-1,916	-74,460	-238,094	-130,446
Net Income (Loss)	-27,979	41,167	-1,230,599	255,952
Other Comprehensive Income (Loss), Net of Tax:	'	'	'	'
Unrealized gains on available-for-sale securities arising during period (net of tax expense of $386,647 and $245,814 for the nine months ended March 31, 2014 and 2013, respectively, and $195,339 and $221,145 for the three months ended March 31, 2014 and 2013, respectively)	379,188	429,283	750,551	477,169
Less: reclassification adjustment for gains included in investment income (net of tax expense of $338,766 and $73,848 for the nine months ended March 31, 2014 and 2013, respectively, and $103,258 and $0 for the three months ended March 31, 2014 and 2013, respectively)	-200,441	0	-657,605	-143,352
Comprehensive Income (Loss)	150,768	470,450	-1,137,653	589,769
Basic Net Income (Loss) per Share	'	'	'	'
Income (loss) from continuing operations (in dollars per share)	$0	$0.01	($0.06)	$0.02
Loss from discontinued operations (in dollars per share)	$0	($0.01)	($0.02)	$0
Net income (loss) (in dollars per share)	$0	$0	($0.08)	$0.02
Diluted Net Income (Loss) per Share	'	'	'	'
Income (loss) from continuing operations (in dollars per share)	$0	$0.01	($0.06)	$0.02
Loss from discontinued operations (in dollars per share)	$0	($0.01)	($0.02)	$0
Net income (loss) (in dollars per share)	$0	$0	($0.08)	$0.02
Basic weighted average number of common shares outstanding (in shares)	15,454,932	15,490,020	15,466,280	15,484,371
Diluted weighted average number of common shares outstanding (in shares)	15,454,932	15,490,020	15,466,280	15,484,371
Mutual funds	'	'	'	'
Operating Revenues	'	'	'	'
Other advisory fees	1,783,801	3,110,084	5,589,794	9,522,556
Offshore fund	'	'	'	'
Operating Revenues	'	'	'	'
Other advisory fees	$42,334	$83,960	$147,402	$253,534

CONSOLIDATED_STATEMENTS_OF_OPE1

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED) (Parenthetical) (USD $)	3 Months Ended		9 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013
Income Statement [Abstract]	'	'	'	'
Tax expense, unrealized holding gains	$195,339	$221,145	$386,647	$245,814
Tax expense, reclassification adjustments	$103,258	$0	$338,766	$73,848

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)	9 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Cash Flows from Operating Activities:	'	'
Net income (loss)	($1,230,599)	$255,952
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation	190,471	206,329
Net loss on disposal of property and equipment	25,494	0
Net recognized (gain) loss on securities	-828,006	51,755
Net income from equity method investment	-14,991	0
Provision for deferred taxes	429,819	101,833
Stock bonuses	7,902	61,109
Stock-based compensation expense	407	8,930
Changes in operating assets and liabilities:	'	'
Accounts receivable	-973,054	213,641
Prepaid expenses	4,287	-55,882
Trading securities	-14,055,717	-22,452
Accounts payable and accrued expenses	-269,442	361,554
Total adjustments	-15,482,830	926,817
Net cash (used in) provided by operating activities	-16,713,429	1,182,769
Cash Flows from Investing Activities:	'	'
Purchase of property and equipment	0	-39,158
Purchase of Galileo shares	0	-600,000
Purchase of available-for-sale securities	-1,054,680	-348,057
Purchase of other investments	-159,710	0
Proceeds on sale of available-for-sale securities	4,736,043	679,014
Return of capital on investment	42,591	0
Net cash provided by (used in) investing activities	3,564,244	-308,201
Cash Flows from Financing Activities:	'	'
Issuance of common stock	122,552	141,324
Repurchases of common stock	-230,347	-84,983
Dividends paid	-696,061	-2,399,882
Net cash used in financing activities	-803,856	-2,343,541
Net decrease in cash and cash equivalents	-13,953,041	-1,468,973
Beginning cash and cash equivalents	18,085,226	20,612,721
Ending cash and cash equivalents	4,132,185	19,143,748
Supplemental Disclosures of Cash Flow Information	'	'
Cash paid for income taxes	$0	$0

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Mar. 31, 2014
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.
	The Company evaluates for consolidation whether entities in which it has an interest are variable interest entities (“VIEs”) and whether the Company is the primary beneficiary of any VIEs identified in its analysis. A VIE is an entity in which either (a) the equity investment at risk is not sufficient to permit the entity to finance its own activities without additional financial support or (b) the group of holders of the equity investment at risk lack certain characteristics of a controlling financial interest. The primary beneficiary is the entity that has the power to direct the activities that most significantly impact the VIE’s economic performance and the obligation to absorb losses of or right to receive benefits from the VIE that could potentially be significant to the VIE. If the VIE qualifies for the investment company deferral, the primary beneficiary is the entity that has the obligation to absorb a majority of the expected losses or the right to receive the majority of the residual returns.
	The Company holds variable interests in, but is not deemed to be the primary beneficiary of, the funds it advises. The Company has determined that these entities qualify for the Investment Company deferral in ASC 810-10-65-2 (aa) and thus determines whether it is the primary beneficiary of these entities by virtue of its exposure to the expected losses and expected residual returns of the entity. The Company’s interests in these entities consist of the Company’s direct ownership therein, which in each case is insignificant to the total ownership of the fund, and any fees earned but uncollected. In the ordinary course of business, the Company may choose to waive certain fees or assume operating expenses of the funds it advises for competitive, regulatory or contractual reasons (see Note 5 for information regarding fee waivers). The Company has not provided financial support to any of these entities outside the ordinary course of business. The Company’s risk of loss with respect to these managed entities is limited to the carrying value of its investments in, and fees receivable from, the entities. The Company does not consolidate these VIEs because it is not the primary beneficiary of these VIEs.
	Prior to March 31, 2014, the Company classified investments in private and venture capital companies as available-for-sale Level 3 securities. Since these equity investments do not have readily determinable fair values, these investments should have been classified as other investments and accounted for under the cost method of accounting rather than at fair value. The Company determined that the difference between the fair value and the value using the cost method of accounting for these securities is not material to accumulated other comprehensive income or other comprehensive income and did not affect net income or earnings per share. To correct this balance sheet misclassification, the Company has changed the classification of these investments by including these investments in ‘Other investments’ on the face of the balance sheet at cost adjusted for impairments. This reclassification was not material to accumulated other comprehensive income or other comprehensive income and did not affect net income or earnings per share.
	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 nine months ended March 31, 2014, 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 adoption of ASU 2013-11 was not material to the consolidated financial statements.

INVESTMENTS

INVESTMENTS	9 Months Ended
	Mar. 31, 2014
Investments, Debt and Equity Securities [Abstract]	'
INVESTMENTS	'
	INVESTMENTS
	As of March 31, 2014, the Company held investments with a carrying value of approximately $25.3 million and a cost basis of approximately $24.6 million. The carrying value of these investments is approximately 69.3 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 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.
	Other investments consist of equity investments in entities over which the Company is unable to exercise significant influence and which do not have readily determinable fair values. These equity investments are accounted for under the cost method of accounting and evaluated for impairment. The Company considers many factors in determining impairment, including the severity and duration of the decline in value below cost, the Company’s interest and ability to hold the security for a period of time sufficient for an anticipated recovery in value, and the financial condition and specific events related to the issuer. When an impairment of an equity security is determined to be other-than-temporary, the impairment is recognized in earnings. Other investments is $385,439 as of March 31, 2014.
	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 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 details the components of the Company’s investments as of March 31, 2014, and June 30, 2013.
			March 31, 2014 (in thousands)
						Gross Unrealized
			Cost			Gains			(Losses)			Fair Value
	Trading securities 1
	Offshore fund		$	1,184		$	—		$	(310	)	$	874
	Mutual funds - Fixed income		17,236			69			(5		)	17,300
	Mutual funds - Domestic equity		535			—			(80		)	455
	Other		107			—			(90		)	17
	Total trading securities		$	19,062		$	69		$	(485	)	$	18,646
	Available-for-sale securities 2
	Common stock - Domestic		$	378		$	414		$	(4	)	$	788
	Common stock - International		661			699			(5		)	1,355
	Corporate debt		1,706			35			(17		)	1,724
	Mutual funds - Fixed income		1,475			9			(3		)	1,481
	Mutual funds - Domestic equity		660			—			(2		)	658
	Other		232			6			(3		)	235
	Total available-for-sale securities 3		$	5,112		$	1,163		$	(34	)	$	6,241
			June 30, 2013 (in thousands)
						Gross Unrealized
			Cost			Gains			(Losses)			Fair Value
	Trading securities 1
	Offshore fund		$	1,184		$	—		$	(398	)	$	786
	Mutual funds - Emerging markets		516			—			(156		)	360
	Mutual funds - Fixed income		3,116			75			—			3,191
	Mutual funds - Domestic equity		535			—			(136		)	399
	Other		107			—			(85		)	22
	Total trading securities		$	5,458		$	75		$	(775	)	$	4,758
	Available-for-sale securities 2
	Common stock - Domestic		$	266		$	313		$	—		$	579
	Common stock - International		604			216			(5		)	815
	Offshore fund		5,000			—			(288		)	4,712
	Mutual funds - Fixed income		1,000			4			—			1,004
	Mutual funds - Domestic equity		1,010			756			—			1,766
	Other		185			—			(8		)	177
	Total available-for-sale securities 3		$	8,065		$	1,289		$	(301	)	$	9,053
	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 shareholders’ equity until realized.
	3	Net unrealized gains on available-for-sale securities gross and net of tax as of March 31, 2014, are $1,129 and $745, respectively, and as of June 30, 2013, are $988 and $652, respectively.
	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:
			March 31, 2014 (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 - Domestic		$	200		$	(4	)	$	—		$	—		$	200	$	(4	)
	Common stock - International		107			(5		)	—			—			107		(5		)
	Corporate debt		27			(17		)	—			—			27		(17		)
	Mutual funds - Fixed income		371			(3		)	—			—			371		(3		)
	Mutual funds - Domestic equity		116			(2		)	—			—			116		(2		)
	Other		59			(3		)	—			—			59		(3		)
	Total available-for-sale securities		$	880		$	(34	)	$	—		$	—		$	880	$	(34	)
			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 - International		$	95		$	(5	)	$	—		$	—		$	95	$	(5	)
Offshore fund		—			—			4,712			(288		)	4,712		(288		)
Other		166			(8		)	—			—			166		(8		)
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 (Loss)		Nine Months Ended March 31,						Three Months Ended March 31,
		2014			2013			2014			2013
Realized gains on sales of available-for-sale securities		$	999,342		$	234,709		$	306,669		$	17,509
Realized losses on sales of trading securities		(168,364		)	(244,627		)	(146		)	—
Unrealized gains (losses) on trading securities		283,731			280,472			5,539			(68,267		)
Realized foreign currency gains		6,466			1,658			1,939			4,409
Other-than-temporary declines in available-for sale securities		(2,972		)	(41,837		)	(2,972		)	—
Dividend and interest income		364,213			115,182			62,512			30,268
Total Investment Income (Loss)		$	1,482,416		$	345,557		$	373,541		$	(16,081	)

FAIR_VALUE_DISCLOSURES

FAIR VALUE DISCLOSURES	9 Months Ended
	Mar. 31, 2014
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 for which not all significant inputs are observable, directly or indirectly. Corporate debt securities valued in accordance with the evaluated price supplied by an independent service are categorized 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 traded on the last business day of the quarter, it is generally valued at the mean between the last bid and ask quotation. Mutual funds, which include 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 issuance and individual trading characteristics and other market data. As part of its independent price verification process, the Company reviews the fair value provided by the pricing service using information such as transactions in these investments, broker quotes, and market transactions in comparable investments. Other debt securities are valued based on review of similarly structured issuances in similar jurisdictions. Securities for which market quotations are not readily available are valued at their fair value as determined by the portfolio management team. The portfolio management team includes representatives from the investment, accounting and legal/compliance departments. The portfolio management team meets periodically to consider a number of factors in determining a security’s fair value, including the security’s trading volume, market values of similar class issuances, investment personnel’s judgment regarding the market experience of the issuer, financial status of the issuer, the issuer’s management, and back testing, as appropriate. The fair values may differ from what may have been used had a broader market for these securities existed. The portfolio management team reviews inputs and assumptions and reports material items to the board of directors.
	Prior to March 31, 2014, the Company classified investments that were valued using the mean between the last reported bid ask quotation as Level 1 investments. The Company has determined that it is reasonable to classify these securities as Level 2 investments. This reclassification does not affect balance sheet presentation, net income or earnings per share.
	The following presents fair value measurements, as of March 31, 2014 and June 30, 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-Mar-14
		Quoted Prices			Significant		Significant			Total
		(Level 1)			Other Inputs		Unobservable
					(Level 2)		Inputs
							(Level 3)
	Trading securities
	Offshore fund	$	—		$	874	$	—		$	874
	Mutual funds - Fixed income	17,300			—		—			17,300
	Mutual funds - Domestic equity	455			—		—			455
	Other	17			—		—			17
	Total trading securities	17,772			874		—			18,646
	Available-for-sale securities
	Common stock - Domestic	788			—		—			788
	Common stock - International	1,355			—		—			1,355
	Corporate debt	345			1,129		250			1,724
	Mutual funds - Fixed income	1,481			—		—			1,481
	Mutual funds - Domestic equity	658			—		—			658
	Other	235			—		—			235
	Total available-for-sale securities	4,862			1,129		250			6,241
	Total Investments Measured at Fair Value on a Recurring Basis	$	22,634		$	2,003	$	250		$	24,887
		Fair Value Measurement using (in thousands)
		30-Jun-13
		Quoted Prices			Significant		Significant			Total
		(Level 1)			Other Inputs		Unobservable
					(Level 2)		Inputs
							(Level 3)
	Trading securities
	Offshore fund	$	—		$	786	$	—		$	786
	Mutual funds - Emerging markets	360			—		—			360
	Mutual funds - Fixed income	3,191			—		—			3,191
	Mutual funds - Domestic equity	399			—		—			399
	Other	22			—		—			22
	Total trading securities	3,972			786		—			4,758
	Available-for-sale securities
	Common stock - Domestic	579			—		—			579
	Common stock - International	720			—		95			815
	Offshore fund	—			4,712		—			4,712
	Mutual funds - Fixed income	1,004			—		—			1,004
	Mutual funds - Domestic equity	1,766			—		—			1,766
	Other	14			—		163			177
	Total available-for-sale securities	4,083			4,712		258			9,053
	Total Investments Measured at Fair Value on a Recurring Basis	$	8,055		$	5,498	$	258		$	13,811
	As of March 31, 2014, 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 and debt securities traded on an active market, eight 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 one percent are Level 3 inputs. As of June 30, 2013, approximately 58 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, 40 percent of the Company’s financial assets measured at fair value are derived from Level 2 inputs, including investments in offshore funds, 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 $874,300 and $785,990 as of March 31, 2014 and June 30, 2013, respectively, 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.
	In addition, the Company has investments in corporate debt securities of $1,128,640 as of March 31, 2014 categorized as Level 2 which the Company valued in accordance with the evaluated price supplied by an independent service.
	The Company also had a Level 2 investment in an affiliated offshore fund, with a fair value of $4,712,205 as of June 30, 2013, 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.
	The corporate debt in Level 3 is valued based on review of similarly structured issuances in similar jurisdictions. At March 31, 2014, the Level 3 corporate debt is valued at cost, which approximates fair value as a result of the Company’s review of similar structured issuances in similar jurisdictions.
	At March 31, 2014, approximately $385,439 in investments in private and venture capital securities were transferred out of available-for-sale Level 3 assets and classified as other investments.
	The following table is a reconciliation of investments for which unobservable inputs (Level 3) were used in determining fair value during the period ended March 31, 2014 and March 31, 2013:
		Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis (in thousands)
		Nine Months Ended March 31,
		2014								2013
	Common			Corporate Debt		Other			Other
	Stock - International
Beginning Balance	$	95		$	—	$	163		$	168
Return of capital	—			—		(43		)	—
Total gains or losses (realized/unrealized)
Included in earnings (investment income)	—			—		—			—
Included in other comprehensive income	5			—		5			(5		)
Purchases	—			250		160			—
Sales	—			—		—			—
Transfers into Level 3	—			—		—			—
Transfers out of Level 3	(100		)	—		(285		)	—
Ending Balance	$	—		$	250	$	—		$	163
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	9 Months Ended
	Mar. 31, 2014
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. At this time, Galileo continues 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 Galileo. U.S. Global plans to proceed with the additional purchase in the Company’s fourth fiscal quarter. After the additional purchase, the Company will own 65 percent of the outstanding shares of Galileo, at which time the Company will re-evaluate whether the investment should continue to be accounted for under the equity method or be consolidated with the operations of the Company.
	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 nine months ending March 31, 2014 is $29,758 and $14,991, respectively, of equity method earnings of Galileo.

INVESTMENT_MANAGEMENT_TRANSFER

INVESTMENT MANAGEMENT, TRANSFER AGENT AND OTHER FEES	9 Months Ended
	Mar. 31, 2014
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 nine months ended March 31, 2014, the Company realized a decrease in its base advisory fee of $213,643 and $632,324, respectively. For the corresponding periods in fiscal year 2013, base advisory fees were adjusted upward $108,969 and downward by $56,095, 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 nine months ended March 31, 2014, were $354,118 and $2,102,329, respectively, compared with $798,138 and $2,502,737, respectively, for the corresponding periods in the prior fiscal year.
	Prior to the U.S. Treasury Securities Cash Fund liquidation and the U.S. Government Securities Savings Fund conversion, the Company 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 nine months ended March 31, 2014, total fees waived and/or expenses reimbursed as a result of this agreement were $0 and $583,577, respectively. For the corresponding periods in fiscal year 2013, the total fees waived and/or expenses reimbursed were $298,128 and $885,273, respectively.
	The Company may recapture any fees waived and/or expenses reimbursed to maintain Minimum Yield 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 $42,334 and $147,402 for the three and nine months ended March 31, 2014, and $83,960 and $253,534 for the corresponding periods in the prior fiscal year. Frank Holmes, CEO, serves as a director of the offshore clients.

BORROWINGS

BORROWINGS	9 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
BORROWINGS	'
	BORROWINGS
	As of March 31, 2014, 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 March 31, 2014, this credit facility remained unutilized by the Company.

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	9 Months Ended
	Mar. 31, 2014
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 June 30, 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. 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. For the three and nine months ended March 31, 2014, the Company had repurchased 35,065 and 76,511 class A shares using cash of $120,610 and $230,347, respectively. For both the three and nine months ended March 31, 2013, the Company repurchased 22,203 class A shares using cash of $84,983.
	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 and exercisable at March 31, 2014, were 22,000 at a weighted average exercise price of $18.72. There were 7,000 options forfeited for the nine months ended March 31, 2014.
	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. Due to option forfeitures that occurred in the three months ended March 31, 2014, the Company reversed $813 of compensation expense recognized during the first six months of the fiscal year. Stock-based compensation expense for the nine months ended March 31, 2014, was $407. Stock-based compensation expense for the three and nine months ended March 31, 2013 was $610 and $8,930, respectively. As of March 31, 2014, and 2013, respectively, there was approximately $0 and $8,337 of total unrecognized share-based compensation cost related to share-based compensation granted under the plans to be recognized over the remainder of their respective vesting periods.

EARNINGS_PER_SHARE

EARNINGS PER SHARE	9 Months Ended
	Mar. 31, 2014
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:
		Nine Months Ended March 31,						Three Months Ended March 31,
		2014			2013			2014			2013
	Income (loss) from continuing operations	$	(992,505	)	$	386,398		$	(26,063	)	$	115,627
	Loss from discontinued operations	(238,094		)	(130,446		)	(1,916		)	(74,460		)
	Net income (loss)	$	(1,230,599	)	$	255,952		$	(27,979	)	$	41,167
	Weighted average number of outstanding shares
	Basic	15,466,280			15,484,371			15,454,932			15,490,020
	Effect of dilutive securities
	Employee stock options	—			—			—			—
	Diluted	15,466,280			15,484,371			15,454,932			15,490,020
	Earnings (loss) per share
	Basic
	Income (loss) from continuing operations	$	(0.06	)	$	0.02		$	—		$	0.01
	Loss from discontinued operations	(0.02		)	0			—			(0.01		)
	Net income (loss)	$	(0.08	)	$	0.02		$	—		$	—
	Diluted
	Income (loss) from continuing operations	$	(0.06	)	$	0.02		$	—		$	0.01
	Loss from discontinued operations	(0.02		)	0			—			(0.01		)
	Net income (loss)	$	(0.08	)	$	0.02		$	—		$	—
	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 nine months ended March 31, 2014, 22,000 options were excluded from diluted EPS compared to 29,000 options excluded for the corresponding periods in 2013.
	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 nine months ended March 31, 2014. During the three and nine months ended March 31, 2014, the Company repurchased 35,065 and 76,511 class A shares on the open market using cash of $120,610 and $230,347, respectively. For both the three and nine months ended March 31, 2013, the Company repurchased 22,203 class A shares using cash of $84,983. 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	9 Months Ended
	Mar. 31, 2014
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 March 31, 2014, the Company has capital loss carryovers of approximately $800,000, expiring in fiscal year 2018. The Company also has charitable contribution carryovers of approximately $100,000, 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 March 31, 2014, and June 30, 2013, a valuation allowance of $33,454 and $27,286, respectively, was included related to the charitable contribution carryover.

FINANCIAL_INFORMATION_BY_BUSIN

FINANCIAL INFORMATION BY BUSINESS SEGMENT	9 Months Ended
	Mar. 31, 2014
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
	Nine months ended March 31, 2014
	Net operating revenues	$	8,533,777		$	—		$	8,533,777
	Net other income	$	—		$	1,497,407		$	1,497,407
	Income (loss) from continuing operations before income taxes	$	(2,949,678	)	$	1,490,850		$	(1,458,828	)
	Loss from discontinued operations	$	(238,094	)	$	—		$	(238,094	)
	Depreciation	$	190,471		$	—		$	190,471
	Capital expenditures	$	—		$	—		$	—
	Gross identifiable assets at March 31, 2014	$	10,075,154		$	26,009,296		$	36,084,450
	Deferred tax asset							$	395,710
	Consolidated total assets at March 31, 2014							$	36,480,160
	Nine months ended March 31, 2013
	Net operating revenues	$	13,858,747		$	—		$	13,858,747
	Net other income	$	—		$	345,557		$	345,557
	Income from continuing operations before income taxes	$	345,099		$	333,093		$	678,192
	Loss from discontinued operations	$	(130,446	)	$	—		$	(130,446	)
	Depreciation	$	206,329		$	—		$	206,329
	Capital expenditures	$	39,158		$	—		$	39,158
	Three months ended March 31, 2014
	Net operating revenues	$	2,742,032		$	—		$	2,742,032
	Net other income	$	—		$	403,299		$	403,299
	Income (loss) from continuing operations before income taxes	$	(409,060	)	$	397,092		$	(11,968	)
	Loss from discontinued operations	$	(1,916	)	$	—		$	(1,916	)
	Depreciation	$	62,242					$	62,242
	Capital expenditures	$	—		$	—		$	—
	Three months ended March 31, 2013
	Net operating revenues	$	4,472,982		$	—		$	4,472,982
	Net other loss	$	—		$	(16,081	)	$	(16,081	)
	Income (loss) from continuing operations before income taxes	$	221,075		$	(22,490	)	$	198,585
	Loss from discontinued operations	$	(74,460	)	$	—		$	(74,460	)
	Depreciation	$	68,752		$	—		$	68,752
	Capital expenditures	$	—		$	—		$	—

CONTINGENCIES_AND_COMMITMENTS

CONTINGENCIES AND COMMITMENTS	9 Months Ended
	Mar. 31, 2014
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 June 30, 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 April to June 2014 is approximately $232,000.

DISCONTINUED_OPERATIONS

DISCONTINUED OPERATIONS	9 Months Ended
	Mar. 31, 2014
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 to this presentation.
	The assets and liabilities related to the transfer agency business are as follows at March 31, 2014:
		As of March 31, 2014
	Liabilities
	Other accrued expenses	$	45,636
	Total liabilities held related to discontinued operations	$	45,636
	The components of loss from discontinued operations were as follows for the three and nine months ended March 31, 2014 and 2013:
			Nine Months Ended March 31,						Three Months Ended March 31,
			2014			2013			2014			2013
	Operating revenue		$	528,536		$	1,036,714		$	(11,868	)	$	315,350
	Operating expenses		889,285			1,234,360			(8,964		)	428,168
	Loss from discontinued operations before income taxes		(360,749		)	(197,646		)	(2,904		)	(112,818		)
	Income tax benefit		(122,655		)	(67,200		)	(988		)	(38,358		)
	Loss from discontinued operations, net of tax		$	(238,094	)	$	(130,446	)	$	(1,916	)	$	(74,460	)

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Mar. 31, 2014
Subsequent Events [Abstract]	'
SUBSEQUENT EVENTS	'
	SUBSEQUENT EVENTS
	As discussed in Note 4 (Equity Investment), 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 fourth fiscal quarter. After the additional purchase, the Company will own 65 percent of the outstanding shares of Galileo.

BASIS_OF_PRESENTATION_Policies

BASIS OF PRESENTATION (Policies)	9 Months Ended
	Mar. 31, 2014
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.
	The Company evaluates for consolidation whether entities in which it has an interest are variable interest entities (“VIEs”) and whether the Company is the primary beneficiary of any VIEs identified in its analysis. A VIE is an entity in which either (a) the equity investment at risk is not sufficient to permit the entity to finance its own activities without additional financial support or (b) the group of holders of the equity investment at risk lack certain characteristics of a controlling financial interest. The primary beneficiary is the entity that has the power to direct the activities that most significantly impact the VIE’s economic performance and the obligation to absorb losses of or right to receive benefits from the VIE that could potentially be significant to the VIE. If the VIE qualifies for the investment company deferral, the primary beneficiary is the entity that has the obligation to absorb a majority of the expected losses or the right to receive the majority of the residual returns.
	The Company holds variable interests in, but is not deemed to be the primary beneficiary of, the funds it advises. The Company has determined that these entities qualify for the Investment Company deferral in ASC 810-10-65-2 (aa) and thus determines whether it is the primary beneficiary of these entities by virtue of its exposure to the expected losses and expected residual returns of the entity. The Company’s interests in these entities consist of the Company’s direct ownership therein, which in each case is insignificant to the total ownership of the fund, and any fees earned but uncollected. In the ordinary course of business, the Company may choose to waive certain fees or assume operating expenses of the funds it advises for competitive, regulatory or contractual reasons (see Note 5 for information regarding fee waivers). The Company has not provided financial support to any of these entities outside the ordinary course of business. The Company’s risk of loss with respect to these managed entities is limited to the carrying value of its investments in, and fees receivable from, the entities. The Company does not consolidate these VIEs because it is not the primary beneficiary of these VIEs.
	Prior to March 31, 2014, the Company classified investments in private and venture capital companies as available-for-sale Level 3 securities. Since these equity investments do not have readily determinable fair values, these investments should have been classified as other investments and accounted for under the cost method of accounting rather than at fair value. The Company determined that the difference between the fair value and the value using the cost method of accounting for these securities is not material to accumulated other comprehensive income or other comprehensive income and did not affect net income or earnings per share. To correct this balance sheet misclassification, the Company has changed the classification of these investments by including these investments in ‘Other investments’ on the face of the balance sheet at cost adjusted for impairments. This reclassification was not material to accumulated other comprehensive income or other comprehensive income and did not affect net income or earnings per share.
	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 nine months ended March 31, 2014, 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 adoption of ASU 2013-11 was not material to the consolidated financial statements.

INVESTMENTS_Tables

INVESTMENTS (Tables)	9 Months Ended
	Mar. 31, 2014
Investments, Debt and Equity Securities [Abstract]	'
Schedule of Trading and Available-for-Sale Securities	'
	The following details the components of the Company’s investments as of March 31, 2014, and June 30, 2013.
			March 31, 2014 (in thousands)
						Gross Unrealized
			Cost			Gains			(Losses)			Fair Value
	Trading securities 1
	Offshore fund		$	1,184		$	—		$	(310	)	$	874
	Mutual funds - Fixed income		17,236			69			(5		)	17,300
	Mutual funds - Domestic equity		535			—			(80		)	455
	Other		107			—			(90		)	17
	Total trading securities		$	19,062		$	69		$	(485	)	$	18,646
	Available-for-sale securities 2
	Common stock - Domestic		$	378		$	414		$	(4	)	$	788
	Common stock - International		661			699			(5		)	1,355
	Corporate debt		1,706			35			(17		)	1,724
	Mutual funds - Fixed income		1,475			9			(3		)	1,481
	Mutual funds - Domestic equity		660			—			(2		)	658
	Other		232			6			(3		)	235
	Total available-for-sale securities 3		$	5,112		$	1,163		$	(34	)	$	6,241
			June 30, 2013 (in thousands)
						Gross Unrealized
			Cost			Gains			(Losses)			Fair Value
	Trading securities 1
	Offshore fund		$	1,184		$	—		$	(398	)	$	786
	Mutual funds - Emerging markets		516			—			(156		)	360
	Mutual funds - Fixed income		3,116			75			—			3,191
	Mutual funds - Domestic equity		535			—			(136		)	399
	Other		107			—			(85		)	22
	Total trading securities		$	5,458		$	75		$	(775	)	$	4,758
	Available-for-sale securities 2
	Common stock - Domestic		$	266		$	313		$	—		$	579
	Common stock - International		604			216			(5		)	815
	Offshore fund		5,000			—			(288		)	4,712
	Mutual funds - Fixed income		1,000			4			—			1,004
	Mutual funds - Domestic equity		1,010			756			—			1,766
	Other		185			—			(8		)	177
	Total available-for-sale securities 3		$	8,065		$	1,289		$	(301	)	$	9,053
	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 shareholders’ equity until realized.
	3	Net unrealized gains on available-for-sale securities gross and net of tax as of March 31, 2014, are $1,129 and $745, respectively, and as of June 30, 2013, are $988 and $652, respectively.
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:
			March 31, 2014 (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 - Domestic		$	200		$	(4	)	$	—		$	—		$	200	$	(4	)
	Common stock - International		107			(5		)	—			—			107		(5		)
	Corporate debt		27			(17		)	—			—			27		(17		)
	Mutual funds - Fixed income		371			(3		)	—			—			371		(3		)
	Mutual funds - Domestic equity		116			(2		)	—			—			116		(2		)
	Other		59			(3		)	—			—			59		(3		)
	Total available-for-sale securities		$	880		$	(34	)	$	—		$	—		$	880	$	(34	)
			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 - International		$	95		$	(5	)	$	—		$	—		$	95	$	(5	)
	Offshore fund		—			—			4,712			(288		)	4,712		(288		)
	Other		166			(8		)	—			—			166		(8		)
	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 (Loss)		Nine Months Ended March 31,						Three Months Ended March 31,
			2014			2013			2014			2013
	Realized gains on sales of available-for-sale securities		$	999,342		$	234,709		$	306,669		$	17,509
	Realized losses on sales of trading securities		(168,364		)	(244,627		)	(146		)	—
	Unrealized gains (losses) on trading securities		283,731			280,472			5,539			(68,267		)
	Realized foreign currency gains		6,466			1,658			1,939			4,409
	Other-than-temporary declines in available-for sale securities		(2,972		)	(41,837		)	(2,972		)	—
	Dividend and interest income		364,213			115,182			62,512			30,268
	Total Investment Income (Loss)		$	1,482,416		$	345,557		$	373,541		$	(16,081	)

FAIR_VALUE_DISCLOSURES_Tables

FAIR VALUE DISCLOSURES (Tables)	9 Months Ended
	Mar. 31, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Measurements on Recurring Basis	'
	The following presents fair value measurements, as of March 31, 2014 and June 30, 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-Mar-14
		Quoted Prices			Significant		Significant			Total
		(Level 1)			Other Inputs		Unobservable
					(Level 2)		Inputs
							(Level 3)
	Trading securities
	Offshore fund	$	—		$	874	$	—		$	874
	Mutual funds - Fixed income	17,300			—		—			17,300
	Mutual funds - Domestic equity	455			—		—			455
	Other	17			—		—			17
	Total trading securities	17,772			874		—			18,646
	Available-for-sale securities
	Common stock - Domestic	788			—		—			788
	Common stock - International	1,355			—		—			1,355
	Corporate debt	345			1,129		250			1,724
	Mutual funds - Fixed income	1,481			—		—			1,481
	Mutual funds - Domestic equity	658			—		—			658
	Other	235			—		—			235
	Total available-for-sale securities	4,862			1,129		250			6,241
	Total Investments Measured at Fair Value on a Recurring Basis	$	22,634		$	2,003	$	250		$	24,887
		Fair Value Measurement using (in thousands)
		30-Jun-13
		Quoted Prices			Significant		Significant			Total
		(Level 1)			Other Inputs		Unobservable
					(Level 2)		Inputs
							(Level 3)
	Trading securities
	Offshore fund	$	—		$	786	$	—		$	786
	Mutual funds - Emerging markets	360			—		—			360
	Mutual funds - Fixed income	3,191			—		—			3,191
	Mutual funds - Domestic equity	399			—		—			399
	Other	22			—		—			22
	Total trading securities	3,972			786		—			4,758
	Available-for-sale securities
	Common stock - Domestic	579			—		—			579
	Common stock - International	720			—		95			815
	Offshore fund	—			4,712		—			4,712
	Mutual funds - Fixed income	1,004			—		—			1,004
	Mutual funds - Domestic equity	1,766			—		—			1,766
	Other	14			—		163			177
	Total available-for-sale securities	4,083			4,712		258			9,053
	Total Investments Measured at Fair Value on a Recurring Basis	$	8,055		$	5,498	$	258		$	13,811
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 March 31, 2014 and March 31, 2013:
		Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis (in thousands)
		Nine Months Ended March 31,
		2014								2013
		Common			Corporate Debt		Other			Other
		Stock - International
	Beginning Balance	$	95		$	—	$	163		$	168
	Return of capital	—			—		(43		)	—
	Total gains or losses (realized/unrealized)
	Included in earnings (investment income)	—			—		—			—
	Included in other comprehensive income	5			—		5			(5		)
	Purchases	—			250		160			—
	Sales	—			—		—			—
	Transfers into Level 3	—			—		—			—
	Transfers out of Level 3	(100		)	—		(285		)	—
	Ending Balance	$	—		$	250	$	—		$	163

EARNINGS_PER_SHARE_Tables

EARNINGS PER SHARE (Tables)	9 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Computation for Basic and Diluted Earning Per Share	'
	The following table sets forth the computation for basic and diluted EPS:
		Nine Months Ended March 31,						Three Months Ended March 31,
		2014			2013			2014			2013
	Income (loss) from continuing operations	$	(992,505	)	$	386,398		$	(26,063	)	$	115,627
	Loss from discontinued operations	(238,094		)	(130,446		)	(1,916		)	(74,460		)
	Net income (loss)	$	(1,230,599	)	$	255,952		$	(27,979	)	$	41,167
	Weighted average number of outstanding shares
	Basic	15,466,280			15,484,371			15,454,932			15,490,020
	Effect of dilutive securities
	Employee stock options	—			—			—			—
	Diluted	15,466,280			15,484,371			15,454,932			15,490,020
	Earnings (loss) per share
	Basic
	Income (loss) from continuing operations	$	(0.06	)	$	0.02		$	—		$	0.01
	Loss from discontinued operations	(0.02		)	0			—			(0.01		)
	Net income (loss)	$	(0.08	)	$	0.02		$	—		$	—
	Diluted
	Income (loss) from continuing operations	$	(0.06	)	$	0.02		$	—		$	0.01
	Loss from discontinued operations	(0.02		)	0			—			(0.01		)
	Net income (loss)	$	(0.08	)	$	0.02		$	—		$	—

FINANCIAL_INFORMATION_BY_BUSIN1

FINANCIAL INFORMATION BY BUSINESS SEGMENT (Tables)	9 Months Ended
	Mar. 31, 2014
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
	Nine months ended March 31, 2014
	Net operating revenues	$	8,533,777		$	—		$	8,533,777
	Net other income	$	—		$	1,497,407		$	1,497,407
	Income (loss) from continuing operations before income taxes	$	(2,949,678	)	$	1,490,850		$	(1,458,828	)
	Loss from discontinued operations	$	(238,094	)	$	—		$	(238,094	)
	Depreciation	$	190,471		$	—		$	190,471
	Capital expenditures	$	—		$	—		$	—
	Gross identifiable assets at March 31, 2014	$	10,075,154		$	26,009,296		$	36,084,450
	Deferred tax asset							$	395,710
	Consolidated total assets at March 31, 2014							$	36,480,160
	Nine months ended March 31, 2013
	Net operating revenues	$	13,858,747		$	—		$	13,858,747
	Net other income	$	—		$	345,557		$	345,557
	Income from continuing operations before income taxes	$	345,099		$	333,093		$	678,192
	Loss from discontinued operations	$	(130,446	)	$	—		$	(130,446	)
	Depreciation	$	206,329		$	—		$	206,329
	Capital expenditures	$	39,158		$	—		$	39,158
	Three months ended March 31, 2014
	Net operating revenues	$	2,742,032		$	—		$	2,742,032
	Net other income	$	—		$	403,299		$	403,299
	Income (loss) from continuing operations before income taxes	$	(409,060	)	$	397,092		$	(11,968	)
	Loss from discontinued operations	$	(1,916	)	$	—		$	(1,916	)
	Depreciation	$	62,242					$	62,242
	Capital expenditures	$	—		$	—		$	—
	Three months ended March 31, 2013
	Net operating revenues	$	4,472,982		$	—		$	4,472,982
	Net other loss	$	—		$	(16,081	)	$	(16,081	)
	Income (loss) from continuing operations before income taxes	$	221,075		$	(22,490	)	$	198,585
	Loss from discontinued operations	$	(74,460	)	$	—		$	(74,460	)
	Depreciation	$	68,752		$	—		$	68,752
	Capital expenditures	$	—		$	—		$	—

DISCONTINUED_OPERATIONS_Tables

DISCONTINUED OPERATIONS (Tables)	9 Months Ended
	Mar. 31, 2014
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 March 31, 2014:
		As of March 31, 2014
	Liabilities
	Other accrued expenses	$	45,636
	Total liabilities held related to discontinued operations	$	45,636
Summary of Income from Discontinued Operations	'
	The components of loss from discontinued operations were as follows for the three and nine months ended March 31, 2014 and 2013:
			Nine Months Ended March 31,						Three Months Ended March 31,
			2014			2013			2014			2013
	Operating revenue		$	528,536		$	1,036,714		$	(11,868	)	$	315,350
	Operating expenses		889,285			1,234,360			(8,964		)	428,168
	Loss from discontinued operations before income taxes		(360,749		)	(197,646		)	(2,904		)	(112,818		)
	Income tax benefit		(122,655		)	(67,200		)	(988		)	(38,358		)
	Loss from discontinued operations, net of tax		$	(238,094	)	$	(130,446	)	$	(1,916	)	$	(74,460	)

Investments_Components_of_Comp

Investments - Components of Company's Trading and Available-for-Sale Investments (Detail) (USD $)	Mar. 31, 2014		Jun. 30, 2013
Schedule of Trading Securities and Available-for-sale Securities [Line Items]	'		'
Trading, cost	$19,062,000	[1]	$5,458,000	[1]
Trading, gross unrealized gain	69,000	[1]	75,000	[1]
Trading, gross unrealized (loss)	-485,000	[1]	-775,000	[1]
Trading, fair value	18,645,573	[1]	4,758,220	[1]
Available-for-sale, cost	5,112,000	[2],[3]	8,065,000	[2],[3]
Available-for-sale, gross unrealized gain	1,163,000	[2],[3]	1,289,000	[2],[3]
Available-for-sale, gross unrealized (loss)	-34,000	[2],[3]	-301,000	[2],[3]
Available-for-sale, fair value	6,240,626	[2],[3]	9,053,111	[2],[3]
Available-for-sale, net unrealized gains, before tax	1,129,000		988,000
Available-for-sale, net unrealized gains, net of tax	745,000		652,000
Offshore fund	'		'
Schedule of Trading Securities and Available-for-sale Securities [Line Items]	'		'
Trading, cost	1,184,000	[1]	1,184,000	[1]
Trading, gross unrealized gain	0	[1]	0	[1]
Trading, gross unrealized (loss)	-310,000	[1]	-398,000	[1]
Trading, fair value	874,000	[1]	786,000	[1]
Available-for-sale, cost	'		5,000,000	[3]
Available-for-sale, gross unrealized gain	'		0	[3]
Available-for-sale, gross unrealized (loss)	'		-288,000	[3]
Available-for-sale, fair value	'		4,712,000	[3]
Mutual funds - Emerging markets	'		'
Schedule of Trading Securities and Available-for-sale Securities [Line Items]	'		'
Trading, cost	'		516,000	[1]
Trading, gross unrealized gain	'		0	[1]
Trading, gross unrealized (loss)	'		-156,000	[1]
Trading, fair value	'		360,000	[1]
Mutual funds - Fixed income	'		'
Schedule of Trading Securities and Available-for-sale Securities [Line Items]	'		'
Trading, cost	17,236,000	[1]	3,116,000	[1]
Trading, gross unrealized gain	69,000	[1]	75,000	[1]
Trading, gross unrealized (loss)	-5,000	[1]	0	[1]
Trading, fair value	17,300,000	[1]	3,191,000	[1]
Available-for-sale, cost	1,475,000	[3]	1,000,000	[3]
Available-for-sale, gross unrealized gain	9,000	[3]	4,000	[3]
Available-for-sale, gross unrealized (loss)	-3,000	[3]	0	[3]
Available-for-sale, fair value	1,481,000	[3]	1,004,000	[3]
Mutual funds - Domestic equity	'		'
Schedule of Trading Securities and Available-for-sale Securities [Line Items]	'		'
Trading, cost	535,000	[1]	535,000	[1]
Trading, gross unrealized gain	0	[1]	0	[1]
Trading, gross unrealized (loss)	-80,000	[1]	-136,000	[1]
Trading, fair value	455,000	[1]	399,000	[1]
Available-for-sale, cost	660,000	[3]	1,010,000	[3]
Available-for-sale, gross unrealized gain	0	[3]	756,000	[3]
Available-for-sale, gross unrealized (loss)	-2,000	[3]	0	[3]
Available-for-sale, fair value	658,000	[3]	1,766,000	[3]
Other	'		'
Schedule of Trading Securities and Available-for-sale Securities [Line Items]	'		'
Trading, cost	107,000	[1]	107,000	[1]
Trading, gross unrealized gain	0	[1]	0	[1]
Trading, gross unrealized (loss)	-90,000	[1]	-85,000	[1]
Trading, fair value	17,000	[1]	22,000	[1]
Available-for-sale, cost	232,000	[3]	185,000	[3]
Available-for-sale, gross unrealized gain	6,000	[3]	0	[3]
Available-for-sale, gross unrealized (loss)	-3,000	[3]	-8,000	[3]
Available-for-sale, fair value	235,000	[3]	177,000	[3]
Common stock - Domestic	'		'
Schedule of Trading Securities and Available-for-sale Securities [Line Items]	'		'
Available-for-sale, cost	378,000	[3]	266,000	[3]
Available-for-sale, gross unrealized gain	414,000	[3]	313,000	[3]
Available-for-sale, gross unrealized (loss)	-4,000	[3]	0	[3]
Available-for-sale, fair value	788,000	[3]	579,000	[3]
Common stock - International	'		'
Schedule of Trading Securities and Available-for-sale Securities [Line Items]	'		'
Available-for-sale, cost	661,000	[3]	604,000	[3]
Available-for-sale, gross unrealized gain	699,000	[3]	216,000	[3]
Available-for-sale, gross unrealized (loss)	-5,000	[3]	-5,000	[3]
Available-for-sale, fair value	1,355,000	[3]	815,000	[3]
Corporate debt	'		'
Schedule of Trading Securities and Available-for-sale Securities [Line Items]	'		'
Available-for-sale, cost	1,706,000	[3]	'
Available-for-sale, gross unrealized gain	35,000	[3]	'
Available-for-sale, gross unrealized (loss)	-17,000	[3]	'
Available-for-sale, fair value	$1,724,000	[3]	'
[1]	Unrealized and realized gains and losses on trading securities are included in earnings in the statement of operations.
[2]	Net unrealized gains on available-for-sale securities gross and net of tax as of March 31, 2014, are $1,129 and $745, respectively, and as of June 30, 2013, are $988 and $652, respectively.
[3]	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_Summary_of_Gross_U

Investments - Summary of Gross Unrealized Losses and Fair Values of Available-For-Sale Investment Securities (Detail) (USD $)	Mar. 31, 2014	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	$880	$261
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	-34	-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, gross unrealized loss	0	-288
Available-for-sale securities, continuous unrealized loss position, fair value, total	880	4,973
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	-34	-301
Common stock - Domestic	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	200	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	-4	'
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, gross unrealized loss	0	'
Available-for-sale securities, continuous unrealized loss position, fair value, total	200	'
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	-4	'
Common stock - International	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	107	95
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized 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, gross unrealized loss	0	0
Available-for-sale securities, continuous unrealized loss position, fair value, total	107	95
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	-5	-5
Corporate debt	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	27	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	-17	'
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, gross unrealized loss	0	'
Available-for-sale securities, continuous unrealized loss position, fair value, total	27	'
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	-17	'
Offshore fund	'	'
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, gross unrealized 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, gross unrealized 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 - Fixed income	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	371	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	-3	'
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, gross unrealized loss	0	'
Available-for-sale securities, continuous unrealized loss position, fair value, total	371	'
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	-3	'
Mutual funds - Domestic equity	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	116	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	-2	'
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, gross unrealized loss	0	'
Available-for-sale securities, continuous unrealized loss position, fair value, total	116	'
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	-2	'
Other	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	59	166
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	-3	-8
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, gross unrealized loss	0	0
Available-for-sale securities, continuous unrealized loss position, fair value, total	59	166
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	($3)	($8)

Investments_Investment_Income_

Investments - Investment Income (Loss) Reflected in Earnings (Detail) (USD $)	3 Months Ended		9 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013
Investments, Debt and Equity Securities [Abstract]	'	'	'	'
Realized gains on sales of available-for-sale securities	$306,669	$17,509	$999,342	$234,709
Realized losses on sales of trading securities	-146	0	-168,364	-244,627
Unrealized gains (losses) on trading securities	5,539	-68,267	283,731	280,472
Realized foreign currency gains	1,939	4,409	6,466	1,658
Other-than-temporary declines in available-for sale securities	-2,972	0	-2,972	-41,837
Dividend and interest income	62,512	30,268	364,213	115,182
Total Investment Income (Loss)	$373,541	($16,081)	$1,482,416	$345,557

Investments_Additional_Informa

Investments - Additional Information (Detail) (USD $)	Mar. 31, 2014		Jun. 30, 2013		Dec. 31, 2013
					Government Fund
					Mutual funds
Schedule of Trading Securities and Other Trading Assets [Line Items]	'		'		'
Carrying value of investments held	$25,300,000		'		'
Cost basis of investments held	24,600,000		'		'
Carrying value of investments to Company's total assets	69.30%		'		'
Other investments	385,439		0		'
Trading securities, at fair value	$18,645,573	[1]	$4,758,220	[1]	$14,118,943
[1]	Unrealized and realized gains and losses on trading securities are included in earnings in the statement of operations.

Fair_Value_Disclosures_Fair_Va

Fair Value Disclosures - Fair Value Measurements on Recurring Basis (Detail) (USD $)	Mar. 31, 2014		Jun. 30, 2013
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	$18,645,573	[1]	$4,758,220	[1]
Available-for-sale, fair value	6,240,626	[2],[3]	9,053,111	[2],[3]
Total Investments Measured at Fair Value on a Recurring Basis	25,300,000		'
Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	18,645,573		4,758,220
Available-for-sale, fair value	6,240,626		9,053,111
Total Investments Measured at Fair Value on a Recurring Basis	24,887,000		13,811,000
Common stock - Domestic	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Available-for-sale, fair value	788,000	[3]	579,000	[3]
Common stock - Domestic | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Available-for-sale, fair value	788,000		579,000
Common stock - International	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Available-for-sale, fair value	1,355,000	[3]	815,000	[3]
Common stock - International | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Available-for-sale, fair value	1,355,000		815,000
Corporate debt	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Available-for-sale, fair value	1,724,000	[3]	'
Corporate debt | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Available-for-sale, fair value	1,724,000		'
Offshore fund	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	874,000	[1]	786,000	[1]
Available-for-sale, fair value	'		4,712,000	[3]
Offshore fund | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	874,000		786,000
Available-for-sale, fair value	'		4,712,000
Mutual funds - Emerging markets	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	'		360,000	[1]
Mutual funds - Emerging markets | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	'		360,000
Mutual funds - Fixed income	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	17,300,000	[1]	3,191,000	[1]
Available-for-sale, fair value	1,481,000	[3]	1,004,000	[3]
Mutual funds - Fixed income | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	17,300,000		3,191,000
Available-for-sale, fair value	1,481,000		1,004,000
Mutual funds - Domestic equity	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	455,000	[1]	399,000	[1]
Available-for-sale, fair value	658,000	[3]	1,766,000	[3]
Mutual funds - Domestic equity | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	455,000		399,000
Available-for-sale, fair value	658,000		1,766,000
Other	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	17,000	[1]	22,000	[1]
Available-for-sale, fair value	235,000	[3]	177,000	[3]
Other | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	17,000		22,000
Available-for-sale, fair value	235,000		177,000
Quoted Prices (Level 1) | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	17,772,000		3,972,000
Available-for-sale, fair value	4,862,000		4,083,000
Total Investments Measured at Fair Value on a Recurring Basis	22,634,000		8,055,000
Quoted Prices (Level 1) | Common stock - Domestic | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Available-for-sale, fair value	788,000		579,000
Quoted Prices (Level 1) | Common stock - International | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Available-for-sale, fair value	1,355,000		720,000
Quoted Prices (Level 1) | Corporate debt | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Available-for-sale, fair value	345,000		'
Quoted Prices (Level 1) | Offshore fund | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	0		0
Available-for-sale, fair value	'		0
Quoted Prices (Level 1) | Mutual funds - Emerging markets | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	'		360,000
Quoted Prices (Level 1) | Mutual funds - Fixed income | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	17,300,000		3,191,000
Available-for-sale, fair value	1,481,000		1,004,000
Quoted Prices (Level 1) | Mutual funds - Domestic equity | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	455,000		399,000
Available-for-sale, fair value	658,000		1,766,000
Quoted Prices (Level 1) | Other | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	17,000		22,000
Available-for-sale, fair value	235,000		14,000
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	874,000		786,000
Available-for-sale, fair value	1,129,000		4,712,000
Total Investments Measured at Fair Value on a Recurring Basis	2,003,000		5,498,000
Significant Other Inputs (Level 2) | Common stock - Domestic | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Available-for-sale, fair value	0		0
Significant Other Inputs (Level 2) | Common stock - International | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Available-for-sale, fair value	0		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, fair value	1,129,000		'
Significant Other Inputs (Level 2) | Offshore fund	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Available-for-sale, fair value	'		4,712,205
Significant Other Inputs (Level 2) | Offshore fund | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	874,000		786,000
Available-for-sale, fair value	'		4,712,000
Significant Other Inputs (Level 2) | Mutual funds - Emerging markets | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	'		0
Significant Other Inputs (Level 2) | Mutual funds - Fixed income | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	0		0
Available-for-sale, fair value	0		0
Significant Other Inputs (Level 2) | Mutual funds - Domestic equity | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	0		0
Available-for-sale, fair value	0		0
Significant Other Inputs (Level 2) | Other | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	0		0
Available-for-sale, fair value	0		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		0
Available-for-sale, fair value	250,000		258,000
Total Investments Measured at Fair Value on a Recurring Basis	250,000		258,000
Significant Unobservable Inputs (Level 3) | Common stock - Domestic | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Available-for-sale, fair value	0		0
Significant Unobservable Inputs (Level 3) | Common stock - International | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Available-for-sale, fair value	0		95,000
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, fair value	250,000		'
Significant Unobservable Inputs (Level 3) | Offshore fund | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	0		0
Available-for-sale, fair value	'		0
Significant Unobservable Inputs (Level 3) | Mutual funds - Emerging markets | 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 - Fixed income | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	0		0
Available-for-sale, fair value	0		0
Significant Unobservable Inputs (Level 3) | Mutual funds - Domestic equity | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	0		0
Available-for-sale, fair value	0		0
Significant Unobservable Inputs (Level 3) | Other | Recurring basis	'		'
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]	'		'
Trading securities, at fair value	0		0
Available-for-sale, fair value	$0		$163,000
[1]	Unrealized and realized gains and losses on trading securities are included in earnings in the statement of operations.
[2]	Net unrealized gains on available-for-sale securities gross and net of tax as of March 31, 2014, are $1,129 and $745, respectively, and as of June 30, 2013, are $988 and $652, respectively.
[3]	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.

Fair_Value_Disclosures_Summary

Fair Value Disclosures - Summary of Investments Measured at Fair Value on a Recurring Basis (Detail) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Common stock - International	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]	'	'
Beginning Balance	$95	'
Return of capital	0	'
Included in earnings (investment income)	0	'
Included in other comprehensive income	5	'
Purchases	0	'
Sales	0	'
Transfers into Level 3	0	'
Transfers out of Level 3	-100	'
Ending Balance	0	'
Corporate debt	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]	'	'
Beginning Balance	0	'
Return of capital	0	'
Included in earnings (investment income)	0	'
Included in other comprehensive income	0	'
Purchases	250	'
Sales	0	'
Transfers into Level 3	0	'
Transfers out of Level 3	0	'
Ending Balance	250	'
Other	'	'
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]	'	'
Beginning Balance	163	168
Return of capital	-43	0
Included in earnings (investment income)	0	0
Included in other comprehensive income	5	-5
Purchases	160	0
Sales	0	0
Transfers into Level 3	0	0
Transfers out of Level 3	-285	0
Ending Balance	$0	$163

Fair_Value_Disclosures_Additio

Fair Value Disclosures - Additional Information (Detail) (USD $)	9 Months Ended
	Mar. 31, 2014		Jun. 30, 2013
Fair Value Assets Liabilities Quantitative Information [Line Items]	'		'
Trading, fair value	$18,645,573	[1]	$4,758,220	[1]
Available-for-sale, fair value	6,240,626	[2],[3]	9,053,111	[2],[3]
Change in unrealized gain (loss)	0		'
Other investments	385,439		0
Quoted Prices (Level 1)	'		'
Fair Value Assets Liabilities Quantitative Information [Line Items]	'		'
Percentage of financial assets derived from Level 1 inputs measured at fair value	91.00%		58.00%
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	8.00%		40.00%
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	1.00%		2.00%
Offshore fund	'		'
Fair Value Assets Liabilities Quantitative Information [Line Items]	'		'
Trading, fair value	874,000	[1]	786,000	[1]
Available-for-sale, fair value	'		4,712,000	[3]
Offshore fund | Significant Other Inputs (Level 2)	'		'
Fair Value Assets Liabilities Quantitative Information [Line Items]	'		'
Available-for-sale, fair value	'		4,712,205
Offshore fund | Significant Other Inputs (Level 2) | Energy and natural resources sectors	'		'
Fair Value Assets Liabilities Quantitative Information [Line Items]	'		'
Trading, fair value	874,300		785,990
Corporate debt	'		'
Fair Value Assets Liabilities Quantitative Information [Line Items]	'		'
Available-for-sale, fair value	1,724,000	[3]	'
Corporate debt | Significant Other Inputs (Level 2)	'		'
Fair Value Assets Liabilities Quantitative Information [Line Items]	'		'
Investments, fair value	$1,128,640		'
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.		'
Minimum redemption notice period of investment	'45 days		'
[1]	Unrealized and realized gains and losses on trading securities are included in earnings in the statement of operations.
[2]	Net unrealized gains on available-for-sale securities gross and net of tax as of March 31, 2014, are $1,129 and $745, respectively, and as of June 30, 2013, are $988 and $652, respectively.
[3]	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.

Equity_Investment_Additional_I

Equity Investment - Additional Information (Detail) (USD $)	3 Months Ended		9 Months Ended		3 Months Ended		9 Months Ended	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Jun. 30, 2014
					Galileo Global Equity Advisor Inc	Galileo Global Equity Advisor Inc	Galileo Global Equity Advisor Inc	Forecast
								Galileo Global Equity Advisor Inc
Schedule of Equity Method Investments [Line Items]	'	'	'	'	'	'	'	'
Percentage of shares issued and outstanding of Galileo	'	'	'	'	'	50.00%	'	'
Purchase of Galileo shares	'	'	$0	$600,000	'	$600,000	'	'
Time period Galileo must wait to have the option to terminate the agreement	'	'	'	'	'	'	'	'1 year
Purchase of additional equity shares	'	'	'	'	'	'	'	15.00%
Percentage of shares issued and outstanding of Galileo	'	'	'	'	'	'	'	65.00%
Net loss from equity method investment	$29,758	$0	$14,991	$0	$29,758	'	$14,991	'

Recovered_Sheet1

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

1 Months Ended

3 Months Ended

9 Months Ended

1 Months Ended

3 Months Ended

9 Months Ended

9 Months Ended

Dec. 31, 2013

Mar. 31, 2014

Mar. 31, 2013

Mar. 31, 2014

Mar. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Mar. 31, 2014

Mar. 31, 2013

Mar. 31, 2014

Mar. 31, 2013

Mar. 31, 2014

Nov. 30, 2013

Mar. 31, 2014

Mar. 31, 2014

Investor Class Shares

Institutional Class Shares

Offshore Funds

Offshore Funds

Offshore Funds

Offshore Funds

Offshore Funds

Offshore Funds

Government Fund

U.S. Treasury Securities Cash Fund

Investment Advisory Services

Investment Advisory Services

company

fund

Investment Management And Other Fees [Line Items]

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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.

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'

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

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0.25%

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0.25%

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'

Percent minimum performance to designated benchmark over prior rolling 12 months

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5.00%

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5.00%

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Increase (decrease) in base advisory fees realized

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($213,643)

$108,969

($632,324)

($56,095)

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Aggregate fees waived and expenses borne

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354,118

798,138

2,102,329

2,502,737

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'

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

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0

298,128

583,577

885,273

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'

Minimum yield waivers recoverable through 12/31/14

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736,531

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Minimum yield waivers recoverable through 12/31/15

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509,874

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Minimum yield waivers recoverable through 12/31/16

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'

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498,342

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Minimum yield waivers subject to future recovery

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0

Previous administrative fee rate

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0.08%

0.06%

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Current annual administrative fee rate

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0.10%

0.08%

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'

Administrative services fees on average daily net assets

10,000

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Number of offshore clients company provides advisory services for

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3

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Number of funds liquidated

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'

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1

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Recorded advisory and performance fees

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$42,334

$83,960

$147,402

$253,534

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'

'

Borrowings_Additional_Informat

Borrowings - Additional Information (Detail) (USD $)	3 Months Ended
	Mar. 31, 2014
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 $)	0 Months Ended	3 Months Ended		9 Months Ended		3 Months Ended		9 Months Ended		3 Months Ended
	Dec. 07, 2012	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Jun. 30, 2014
						Common Class A	Common Class A	Common Class A	Common Class A	Forecast
Stockholders Equity [Line Items]	'	'	'	'	'	'	'	'	'	'
Cash dividend declared monthly (per share)	'	'	'	'	'	'	'	'	'	$0.01
Stock repurchase program, authorized amount	$2,750,000	'	'	$2,750,000	'	'	'	'	'	'
Repurchased shares	'	'	'	'	'	35,065	22,203	76,511	22,203	'
Payments for repurchase of common stock	'	'	'	230,347	84,983	120,610	84,983	230,347	84,983	'
Number of options outstanding	'	22,000	'	22,000	'	'	'	'	'	'
Number of options exercisable	'	22,000	'	22,000	'	'	'	'	'	'
Weighted average exercise price, outstanding options (in dollars per share)	'	$18.72	'	$18.72	'	'	'	'	'	'
Weighted average exercise price, exercisable options (in dollars per share)	'	$18.42	'	$18.42	'	'	'	'	'	'
Number of options, options forfeited	'	'	'	7,000	'	'	'	'	'	'
Stock-based compensation expense	'	-813	610	407	8,930	'	'	'	'	'
Unrecognized share-based compensation cost	'	$0	$8,337	$0	$8,337	'	'	'	'	'

Earnings_Per_Share_Computation

Earnings Per Share - Computation for Basic and Diluted Earnings Per Share (Detail) (USD $)	3 Months Ended		9 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013
Earnings Per Share [Abstract]	'	'	'	'
Income (loss) from continuing operations	($26,063)	$115,627	($992,505)	$386,398
Loss from discontinued operations	-1,916	-74,460	-238,094	-130,446
Net Income (Loss)	($27,979)	$41,167	($1,230,599)	$255,952
Weighted average number of outstanding shares, Basic	15,454,932	15,490,020	15,466,280	15,484,371
Effect of dilutive securities	'	'	'	'
Employee stock options	0	0	0	0
Diluted	15,454,932	15,490,020	15,466,280	15,484,371
Basic:	'	'	'	'
Income (loss) from continuing operations (in dollars per share)	$0	$0.01	($0.06)	$0.02
Loss from discontinued operations (in dollars per share)	$0	($0.01)	($0.02)	$0
Net income (loss) (in dollars per share)	$0	$0	($0.08)	$0.02
Diluted:	'	'	'	'
Income (loss) from continuing operations (in dollars per share)	$0	$0.01	($0.06)	$0.02
Loss from discontinued operations (in dollars per share)	$0	($0.01)	($0.02)	$0
Net income (loss) (in dollars per share)	$0	$0	($0.08)	$0.02

Earnings_Per_Share_Additional_

Earnings Per Share - Additional Information (Detail) (USD $)	3 Months Ended		9 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013
Repurchased Shares:	'	'	'	'
Repurchasing amount	'	'	$230,347	$84,983
Common Class A	'	'	'	'
Repurchased Shares:	'	'	'	'
Repurchased shares	35,065	22,203	76,511	22,203
Repurchasing amount	$120,610	$84,983	$230,347	$84,983
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	22,000	29,000	22,000	29,000

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail) (USD $)	Mar. 31, 2014	Jun. 30, 2013
Income Tax [Line Items]	'	'
Tax expense at capital loss carryovers (expiring in FY 2018)	$800,000	'
Tax expense at charitable contribution carryovers (expiring in FY 2018-2019)	100,000	'
Charitable Contribution Carryover	'	'
Income Tax [Line Items]	'	'
Valuation allowance	$33,454	$27,286

Recovered_Sheet2

Financial Information By Business Segments - Schedule Details of Financial Information by Business Segment (Detail) (USD $)	3 Months Ended		9 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013	Jun. 30, 2013
			segment
Segment Reporting Information [Line Items]	'	'	'	'	'
Number of business segments	'	'	2	'	'
Net operating revenues	$2,742,032	$4,472,982	$8,533,777	$13,858,747	'
Net other income	403,299	-16,081	1,497,407	345,557	'
Income (loss) from continuing operations before income taxes	-11,968	198,585	-1,458,828	678,192	'
Loss from discontinued operations	-1,916	-74,460	-238,094	-130,446	'
Depreciation	62,242	68,752	190,471	206,329	'
Capital expenditures	0	0	0	39,158	'
Gross identifiable assets	36,084,450	'	36,084,450	'	'
Deferred tax asset	395,710	'	395,710	'	'
Consolidated total assets	36,480,160	'	36,480,160	'	38,682,802
Investment Management Services	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Net operating revenues	2,742,032	4,472,982	8,533,777	13,858,747	'
Net other income	0	0	0	0	'
Income (loss) from continuing operations before income taxes	-409,060	221,075	-2,949,678	345,099	'
Loss from discontinued operations	-1,916	-74,460	-238,094	-130,446	'
Depreciation	62,242	68,752	190,471	206,329	'
Capital expenditures	0	0	0	39,158	'
Gross identifiable assets	10,075,154	'	10,075,154	'	'
Corporate Investments	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Net operating revenues	0	0	0	0	'
Net other income	403,299	-16,081	1,497,407	345,557	'
Income (loss) from continuing operations before income taxes	397,092	-22,490	1,490,850	333,093	'
Loss from discontinued operations	0	0	0	0	'
Depreciation	'	0	0	0	'
Capital expenditures	0	0	0	0	'
Gross identifiable assets	$26,009,296	'	$26,009,296	'	'

Contingencies_and_Commitments_

Contingencies and Commitments - Additional Information (Detail) (Forecast, USD $)	3 Months Ended
	Jun. 30, 2014
Loss Contingencies [Line Items]	'
Monthly dividend declared (in dollars per share)	$0.01
Class A and C shareholders	'
Loss Contingencies [Line Items]	'
Amount of cash dividends to be paid to class A and class C shareholders	$232,000

Discontinued_Operations_Summar

Discontinued Operations - Summary of Assets and Liabilities Related to Transfer Agency Business (Detail) (USD $)	9 Months Ended
	Mar. 31, 2014	Jun. 30, 2013
Discontinued Operations and Disposal Groups [Abstract]	'	'
Equipment related to leased equipment not utilized	$65,187	'
Liabilities	'	'
Other accrued expenses	45,636	'
Total liabilities held related to discontinued operations	$45,636	$73,284

Discontinued_Operations_Summar1

Discontinued Operations - Summary of Income from Discontinued Operations (Detail) (USD $)	3 Months Ended		9 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]	'	'	'	'
Operating revenue	($11,868)	$315,350	$528,536	$1,036,714
Operating expenses	-8,964	428,168	889,285	1,234,360
Loss from discontinued operations before income taxes	-2,904	-112,818	-360,749	-197,646
Income tax benefit	-988	-38,358	-122,655	-67,200
Loss from discontinued operations, net of tax	($1,916)	($74,460)	($238,094)	($130,446)

Subsequent_Events_Additional_I

Subsequent Events - Additional Information (Detail) (Forecast, Galileo Global Equity Advisor Inc)	3 Months Ended
	Jun. 30, 2014
Forecast | Galileo Global Equity Advisor Inc	'
Subsequent Event [Line Items]	'
Purchase of additional equity shares	15.00%
Percentage of shares issued and outstanding of Galileo	65.00%