U.S. Global Investors (GROW) 10-Q 12 Nov 15 2016 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Sep. 30, 2015	Nov. 02, 2015
Document Information [Line Items]
Entity Registrant Name	U S GLOBAL INVESTORS INC
Document Type	10-Q
Current Fiscal Year End Date	--06-30
Amendment Flag	false
Entity Central Index Key	754,811
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		0
Common Class C [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		2,069,127
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		13,239,021

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Sep. 30, 2015	Jun. 30, 2015
Current Assets
Cash and cash equivalents		$ 4,474	$ 3,507
Trading securities, at fair value	[1]	15,140	15,640
Receivables		654	1,837
Prepaid expenses		326	410
Total Current Assets		20,594	21,394
Net Property and Equipment		2,665	2,736
Other Assets
Investment securities available-for-sale, at fair value	[2]	3,177	4,263
Other investments		2,303	2,303
Intangible assets, net		30	41
Other assets, long term		32	33
Total Other Assets		5,542	6,640
Total Assets		28,801	30,770
Current Liabilities
Accounts payable		160	119
Accrued compensation and related costs		498	456
Dividends payable		115	231
Other accrued expenses		700	821
Total Current Liabilities		$ 1,473	$ 1,627
Commitments and Contingencies (Note 11)
Shareholders' Equity
Additional paid-in-capital		$ 15,683	$ 15,694
Treasury stock, class A shares at cost; 610,977 and 555,786 shares at September 30, 2015, and June 30, 2015, respectively		(1,580)	(1,464)
Accumulated other comprehensive loss, net of tax		(1,148)	(483)
Retained earnings		13,441	14,423
Total U.S. Global Investors Inc. Shareholders' Equity		26,795	28,569
Non-Controlling Interest in Subsidiary		533	574
Total Shareholders' Equity		27,328	29,143
Total Liabilities and Shareholders' Equity		28,801	30,770
Common Class A [Member]
Shareholders' Equity
Common stock, value		347	347
Common Class B [Member]
Shareholders' Equity
Common stock, value		0	0
Common Class C [Member]
Shareholders' Equity
Common stock, value		$ 52	$ 52
[1]	Unrealized and realized gains and losses on trading securities are included in earnings in the statement of operations.
[2]	Net unrealized gains (losses) on available-for-sale securities gross and net of tax as of September 30, 2015, are $(923) and $(923), respectively, and as of June 30, 2015, are ($339) and ($339), respectively.

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Sep. 30, 2015	Jun. 30, 2015
Treasury stock, class A shares at cost; shares	610,977	555,786
Common Class A [Member]
Common stock; par value (in Dollars per share)	$ 0.025	$ 0.025
Common stock, shares authorized	28,000,000	28,000,000
Common stock, shares issued	13,866,421	13,866,421
Common Class B [Member]
Common stock; par value (in Dollars per share)	$ 0.025	$ 0.025
Common stock, shares authorized	4,500,000	4,500,000
Common stock, shares issued	0	0
Common Class C [Member]
Common stock; par value (in Dollars per share)	$ 0.025	$ 0.025
Common stock, shares authorized	3,500,000	3,500,000
Common stock, shares issued	2,069,127	2,069,127

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Operating Revenues
Advisory fees	$ 1,139	$ 2,420
Distribution fees	245	463
Administrative services fees	111	208
Shareholder services fees	103	206
	1,598	3,297
Operating Expenses
Employee compensation and benefits	1,466	1,578
General and administrative	981	1,178
Platform fees	342	680
Advertising	117	94
Depreciation	80	83
	2,986	3,613
Operating Loss	(1,388)	(316)
Other Income
Investment income	534	220
Total Other Income	534	220
Loss Before Income Taxes	(854)	(96)
Provision for Federal Income Taxes
Tax expense (benefit)	11	(7)
Net Loss	(865)	(89)
Less: Net Income Attributable to Non-Controlling Interest	3	39
Net Loss Attributable to U.S. Global Investors, Inc.	$ (868)	$ (128)
Basic Net Loss per Share (in Dollars per share)	$ (0.06)	$ (0.01)
Diluted Net Loss per Share (in Dollars per share)	$ (0.06)	$ (0.01)
Basic weighted average number of common shares outstanding (in Shares)	15,342,186	15,429,327
Diluted weighted average number of common shares outstanding (in Shares)	15,342,186	15,429,327

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS ) (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Net Loss Attributable to U.S. Global Investors, Inc.	$ (868)	$ (128)
Other Comprehensive Income (Loss), Net of Tax:
Unrealized losses on available-for-sale securities arising during period	(113)	(231)
Less: reclassification adjustment for gains/losses included in net income	(471)	(195)
Net change from available-for-sale investments, net of tax	(584)	(426)
Foreign currency translation adjustment	(125)	(78)
Other Comprehensive Loss	(709)	(504)
Comprehensive Loss	(1,577)	(632)
Less: Comprehensive Loss Attributable to Non-Controlling Interest	(44)	(28)
Comprehensive Loss Attributable to U.S. Global Investors, Inc.	$ (1,533)	$ (604)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash Flows from Operating Activities:
Net loss	$ (865)	$ (89)
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	80	83
Net recognized loss on disposal of fixed assets	0	26
Net recognized gain on securities	(438)	(295)
Provision for deferred taxes	0	3
Stock bonuses	8	3
Changes in operating assets and liabilities:
Accounts receivable	1,172	226
Prepaid and other assets	82	179
Trading securities	464	231
Accounts payable and accrued expenses	(23)	(477)
Total adjustments	1,345	(21)
Net cash provided by (used in) operating activities	480	(110)
Cash Flows from Investing Activities:
Purchase of property and equipment	(5)	(35)
Purchase of available-for-sale securities	0	(62)
Purchase of other investments	0	(1,000)
Proceeds on sale of available-for-sale securities	962	351
Return of capital on investment	13	6
Net cash provided by (used in) investing activities	970	(740)
Cash Flows from Financing Activities:
Issuance of common stock	28	32
Repurchases of common stock	(163)	(59)
Dividends paid	(230)	(232)
Net cash used in financing activities	(365)	(259)
Effect of exchange rate changes on cash and cash equivalents	(118)	(67)
Net increase (decrease) in cash and cash equivalents	967	(1,176)
Beginning cash and cash equivalents	3,507	5,910
Ending cash and cash equivalents	4,474	4,734
Supplemental Disclosures of Cash Flow Information
Cash paid for income taxes	$ 0	$ 0

BASIS OF PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Sep. 30, 2015
Disclosure Text Block [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	N OTE ASIS F RESENTATION 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, 2015. The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, United Shareholder Services, Inc. (“USSI”), U.S. Global Brokerage, Inc., U.S. Global Investors (Bermuda) Limited, U.S. Global Investors (Canada) Limited (“USCAN”), and U.S. Global Indices, LLC, and its 65% interest in Galileo Global Equity Advisor Inc. (“Galileo”). Galileo is consolidated with the operations of the Company. The non-controlling interest in this subsidiary is included in “non-controlling interest in subsidiaries” in the equity section of the Consolidated Balance Sheets. Frank Holmes, CEO, and Susan McGee, President and General Counsel, serve as directors of Galileo. The Company's evaluation for consolidation includes 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 Accounting Standards Codification (“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 4 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. 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 three months ended September 30, 2015, 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 April 2014, the FASB issued ASU 2014-08, Presentation of Financial Statements and Property, Plant, and Equipment - Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers In August 2014, the FASB issued ASU 2014-15 , Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern In February 2015, the FASB issued ASU 2015-02, Amendments to the Consolidation Analysis In May 2015, the FASB issued ASU 2015-07, Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent)

INVESTMENTS

INVESTMENTS	3 Months Ended
	Sep. 30, 2015
Disclosure Text Block Supplement [Abstract]
Investments and Other Noncurrent Assets [Text Block]	N OTE NVESTMENTS As of September 30, 2015, the Company held investments with a fair value of approximately $18.3 million and a cost basis of approximately $20.2 million. The fair value of these investments is approximately 63.6% of the Company’s total assets. In addition, the Company held other investments of $2.3 million accounted for under the cost method of accounting. On September 30, 2015, the Company had $16.2 million and $349,000 at fair value invested in USGIF and an offshore fund the Company advises, respectively. These amounts were included in the Consolidated Balance Sheet as “trading securities” and “available-for-sale securities.” Investments in securities classified as trading are reflected as current assets on the Consolidated Balance Sheets at their fair value. Unrealized holding gains and losses on trading securities are included in earnings in the Consolidated Statements of Operations. Investments in securities classified as available-for-sale, which may not be readily marketable, are reflected as non-current assets on the Consolidated Balance Sheets 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 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 a security is determined to be other-than-temporary, the impairment is recognized in earnings. 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 recorded as fair value as of September 30, 2015, and June 30, 2015. September 30, 2015 (dollars in thousands) Cost Gains (Losses) Fair Value Trading securities 1 Offshore fund $ 1,184 $ - $ (835 ) $ 349 Mutual funds - Fixed income 14,291 134 (1 ) 14,424 Mutual funds - Domestic equity 535 - (168 ) 367 Other 46 - (46 ) - Total trading securities $ 16,056 $ 134 $ (1,050 ) $ 15,140 Available-for-sale securities 2 Common Stock - Domestic $ 109 $ - $ (11 ) $ 98 Common Stock - International 659 58 (82 ) 635 Corporate debt 1,394 - (750 ) 644 Mutual funds - Fixed income 1,229 14 (32 ) 1,211 Mutual funds - Domestic equity 543 - (110 ) 433 Other 166 - (10 ) 156 Total available-for-sale securities 3 $ 4,100 $ 72 $ (995 ) $ 3,177 June 30, 2015 (dollars in thousands) Cost Gains (Losses) Fair Value Trading securities 1 Offshore fund $ 1,184 $ - $ (703 ) $ 481 Mutual funds - Fixed income 14,691 68 (5 ) 14,754 Mutual funds - Domestic equity 535 - (130 ) 405 Other 81 - (81 ) - Total trading securities $ 16,491 $ 68 $ (919 ) $ 15,640 Available-for-sale securities 2 Common Stock - Domestic $ 535 $ 316 $ (9 ) $ 842 Common Stock - International 695 309 (39 ) 965 Corporate debt 1,433 - (817 ) 616 Mutual funds - Fixed income 1,227 9 (22 ) 1,214 Mutual funds - Domestic equity 543 - (80 ) 463 Other 169 1 (7 ) 163 Total available-for-sale securities 3 $ 4,602 $ 635 $ (974 ) $ 4,263 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 (losses) on available-for-sale securities gross and net of tax as of September 30, 2015, are $(923) and $(923), respectively, and as of June 30, 2015, are ($339) and ($339), 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: September 30, 2015 Less Than 12 Months 12 Months or Greater Total Gross Gross Gross Unrealized Unrealized Unrealized (dollars in thousands) Fair Value Losses Fair Value Losses Fair Value Losses Available-for-sale securities Common stock - Domestic $ - $ - $ 98 $ (11 ) $ 98 $ (11 ) Common stock - International 154 (25 ) 89 (57 ) 243 (82 ) Corporate debt - - 431 (750 ) 431 (750 ) Mutual funds - Fixed income 63 (13 ) 134 (19 ) 197 (32 ) Mutual funds - Domestic equity 433 (110 ) - - 433 (110 ) Other 155 (10 ) - - 155 (10 ) Total available-for-sale securities $ 805 $ (158 ) $ 752 $ (837 ) $ 1,557 $ (995 ) June 30, 2015 Less Than 12 Months 12 Months or Greater Total Gross Gross Gross Unrealized Unrealized Unrealized (dollars in thousands) Fair Value Losses Fair Value Losses Fair Value Losses Available-for-sale securities Common stock - Domestic $ 77 $ (7 ) $ 107 $ (2 ) $ 184 $ (9 ) Common stock - International 114 (23 ) 39 (16 ) 153 (39 ) Corporate debt 386 (817 ) - - 386 (817 ) Mutual funds - Fixed income 67 (7 ) 139 (15 ) 206 (22 ) Mutual funds - Domestic equity 463 (80 ) - - 463 (80 ) Other 112 (7 ) - - 112 (7 ) Total available-for-sale securities $ 1,219 $ (941 ) $ 285 $ (33 ) $ 1,504 $ (974 ) 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: Three Months Ended September 30, (dollars in thousands) 2015 2014 Investment Income Realized gains on sales of available-for-sale securities $ 531 $ 295 Realized losses on sales of trading securities (35 ) - Unrealized losses on trading securities (64 ) (231 ) Realized foreign currency gains 35 20 Other-than-temporary declines in available-for-sale securities (60 ) - Dividend and interest income 127 136 Total Investment Income $ 534 $ 220 Included in investment income were other-than temporary declines in value on available-for-sale corporate debt securities of approximately $60,000 for the three months ended September 30, 2015. The impairment loss resulted from fair values of securities being lower than book value and proposed changes to debt securities. Three securities with a combined cost basis of $49,000 were written down to a combined fair value of $12,000. Another security was written down to the net present value of estimated cash flows. This security had a cost basis of $970,000 and was written down to $947,000. In making these determinations, the Company considered the length of time and extent to which the fair value has been less than cost basis, financial condition and prospects of the issuers and the Company's ability to hold the investment until recovery.

FAIR VALUE DISCLOSURES

FAIR VALUE DISCLOSURES	3 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	N OTE AIR ALUE ISCLOSURES ASC 820, Fair Value Measurement and Disclosures 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 include 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, market transactions in comparable investments, general market conditions and the issuer's financial condition. Debt securities that are not valued by an independent pricing service are valued based on review of similarly structured issuances in similar jurisdictions, when possible, or based on other traded debt securities issued by the issuer. The Company also takes into consideration numerous other factors that could affect valuation such as overall market conditions, liquidity of the security and bond structure. 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. The following presents fair value measurements, as of September 30, 2015, and June 30, 2015, for the major categories of U.S. Global’ s investments measured at fair value on a recurring basis: September 30, 2015 Quoted Prices Significant Other Inputs Significant Unobservable Inputs Total (dollars in thousands) (Level 1) (Level 2) (Level 3) Trading securities Offshore fund $ - $ 349 $ - $ 349 Mutual funds - Fixed income 14,424 - - 14,424 Mutual funds - Domestic equity 367 - - 367 Other - - - - Total trading securities 14,791 349 - 15,140 Available-for-sale securities Common stock - Domestic $ 98 $ - $ - $ 98 Common stock - International 625 10 - 635 Corporate debt - 85 559 644 Mutual funds - Fixed income 1,211 - - 1,211 Mutual funds - Domestic equity 433 - - 433 Other 156 - - 156 Total available-for-sale securities 2,523 95 559 3,177 Total $ 17,314 $ 444 $ 559 $ 18,317 June 30, 2015 Quoted Prices Significant Other Inputs Significant Unobservable Inputs Total (dollars in thousands) (Level 1) (Level 2) (Level 3) Trading securities Offshore fund $ - $ 481 $ - $ 481 Mutual funds - Fixed income 14,754 - - 14,754 Mutual funds - Domestic equity 405 - - 405 Other - - - - Total trading securities 15,159 481 - $ 15,640 Available-for-sale securities Common stock - Domestic $ 842 $ - $ - $ 842 Common stock - International 965 - $ - 965 Corporate debt - 77 539 616 Mutual funds - Fixed income 1,214 - - 1,214 Mutual funds - Domestic equity 463 - - 463 Other 163 - - 163 Total available-for-sale securities 3,647 77 539 4,263 Total $ 18,806 $ 558 $ 539 $ 19,903 As of September 30, 2015, approximately 95 percent of the Company’s financial assets measured at fair value are derived from Level 1 inputs, two percent of the Company’s financial assets measured at fair value are derived from Level 2 inputs, and the remaining three percent are Level 3 inputs. As of June 30, 2015, approximately 94 percent of the Company’s financial assets measured at fair value are derived from Level 1 inputs, three percent of the Company’s financial assets measured at fair value are derived from Level 2 inputs, and the remaining three percent are Level 3 inputs. The Company had transfers from Level 1 to Level 2 in the amount of $10,000 due to securities valued at quoted price less a discount at September 30, 2015, and which were valued at a quoted price at the prior period end. 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 $349,000 as of September 30, 2015, 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 $85,000 as of September 30, 2015, categorized as Level 2, which the Company valued using the mean between the last reported bid ask quotation. The corporate debt in Level 3 is valued based on review of similarly structured issuances in similar jurisdictions. At September 30, 2015, 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, or valued based on traded issuances from the issuer. The following table is a reconciliation of investments for which unobservable inputs (Level 3) were used in determining fair value during the three months ended September 30, 2015, and September 30, 2014: Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis September 30, 2015 September 30, 2014 (dollars in thousands) Corporate Debt Corporate Debt Beginning Balance $ 539 $ 250 Return of capital (13 ) (6 ) Total gains or losses (realized/unrealized) Included in earnings (investment income) (23 ) - Included in other comprehensive income (loss) 56 6 Purchases - - Sales - - Transfers into Level 3 - - Transfers out of Level 3 - - Ending Balance $ 559 $ 250

INVESTMENT MANAGEMENT, TRANSFER

INVESTMENT MANAGEMENT, TRANSFER AGENT AND OTHER FEES	3 Months Ended
	Sep. 30, 2015
Investment Management Transfer Agent And Other Fees [Abstract]
Investment Management Transfer Agent And Other Fees [Text Block]	N OTE NVESTMENT ANAGEMENT, RANSFER GENT ND THER EES 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 Company recorded base advisory fees from USGIF totaling $885,000 and $1.9 million for the three months ended September 30, 2015 and 2014, respectively. The advisory agreement for the equity funds within USGIF 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 months ended September 30, 2015 and 2014, the Company realized a decrease in its base advisory fee of $168,000 and $183,000, respectively. The Company has agreed to contractually limit the expenses of the Near-Term Tax Free Fund through April 2016. 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 USGIF for the three months ended September 30, 2015 and 2014, were $378,000 and $277,000, respectively. Prior to the U.S. Government Securities Savings Fund conversion, the Company voluntarily agreed to waive fees and/or reimburse 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”). The Company may recapture any fees waived and/or expenses reimbursed to maintain the Minimum Yield within three years after the end of the fund’s fiscal year of such waiver and/or reimbursement. Thus, $510,000 of the waiver for the Government Fund is recoverable by the Company through December 31, 2015; and $498,000 through December 31, 2016. USGIF pays the Company a distribution fee at an annual rate of 0.25 percent of the average daily net assets of the investor class of each of the equity funds. The Company receives shareholder servicing fees from USGIF based on the value of assets held through broker-dealer platforms. Effective in December 2013, administrative service fees paid to the Company by USGIF 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. Effective November 1, 2014, the per fund fee changed to $7,000 per year. As of September 30, 2015, the Company had $563,000 of receivables from USGIF included in the Consolidated Balance Sheets within “receivables.” The Company also serves as investment adviser to an exchange traded fund (“ETF’) client, U. S. Global Jets ETF, that commenced operations in April 2015. The Company receives a unitary management fee of 0.60 percent of average net assets and has agreed to bear all expenses of the ETF. The Company recorded ETF advisory fees totaling $70,000 for the three months ended September 30, 2015. The Company provides advisory services for two offshore clients and received advisory fees based on the net asset values of the clients and performance fees, if any, based on the overall increase in net asset values. The Company recorded advisory and performance fees from these clients totaling $22,000 and $47,000 for the three months ended September 30, 2015 and 2014. Frank Holmes, CEO, serves as a director of the offshore clients. Galileo provides advisory services for clients and receives advisory fees based on the net asset values of the clients. Galileo recorded advisory fees from these clients totaling $330,000 and $662,000 for the three months ended September 30, 2015 and 2014, respectively.

BORROWINGS

BORROWINGS	3 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	N OTE ORROWINGS As of September 30, 2015, the Company has no borrowings or long-term liabilities. The Company has access to a $1 million credit facility, which can be utilized for working capital purposes and is available through May 31, 2016. 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 September 30, 2015, this credit facility remained unutilized by the Company.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	3 Months Ended
	Sep. 30, 2015
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	N OTE TOCKHOLDERS 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 $0.0025 per share is authorized through December 31, 2015, 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 through December 31, 2013. On December 12, 2013, and December 10, 2014, the Board of Directors renewed the repurchase program for calendar year 2014 and 2015, respectively. The total amount of shares that may be repurchased in 2015 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 months ended September 30, 2015 and 2014, the Company repurchased 73,021 and 16,793 class A shares using cash of $163,000 and $59,000, respectively. 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 September 30, 2015, were 22,000 at a weighted average exercise price of $18.72. There were no options granted, exercised or forfeited for the three months ended September 30, 2015. The Company accounts for stock-based compensation in accordance with ASC 718 Compensation – Stock Compensation

EARNINGS PER SHARE

EARNINGS PER SHARE	3 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	N 7. E P S 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: Three Months Ended September 30, (dollars in thousands, except per share data) 2015 2014 Net loss attributable to U.S. Global Investors, Inc. $ (868 ) $ (128 ) Weighted average number of outstanding shares Basic 15,342,186 15,429,327 Effect of dilutive securities Employee stock options - - Diluted 15,342,186 15,429,327 Loss per share attributable to U.S. Global Investors, Inc. Basic $ (0.06 ) $ (0.01 ) Diluted $ (0.06 ) $ (0.01 ) The diluted EPS calculation excludes the effect of stock options when their exercise prices exceed the average market price for the period. For the three months ended September 30, 2015 and 2014, 22,000 options were excluded from diluted EPS. During the three months ended September 30, 2015 and 2014, the Company repurchased class A shares on the open market. 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	3 Months Ended
	Sep. 30, 2015
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	N OTE NCOME AXES The Company and its non-Canadian subsidiaries file a consolidated U.S. federal income tax return. USCAN and Galileo file separate tax returns in Canada. 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 unrealized losses and other-than-temporary impairments on available-for-sale securities, differences in tax and book accumulated depreciation and the difference in tax treatment of stock options. The Company has not recognized deferred income taxes on undistributed earnings of USCAN and Galileo since such earnings are considered to be reinvested indefinitely. For federal income tax purposes at September 30, 2015, the Company has charitable contribution carryovers totaling approximately $122,000 with $68,000 expiring in fiscal year 2018, $34,000 expiring in fiscal year 2019, $19,000 expiring in fiscal year 2020 and $1,000 expiring in 2021. The Company has federal net operating loss carryovers of $3.772 million with $3.0 million expiring in fiscal year 2035 and $772,000 expiring in fiscal year 2036. For Canadian income tax purposes, Galileo has cumulative eligible capital carryovers of $246,000 with no expiration and net operating loss carryovers of $64,000, $116,000, $43,000, and $39,000 expiring in fiscal 2025, 2027, 2029 and 2030, respectively. If certain changes in the Company's ownership should occur, there could be an annual limitation on the amount of net operating loss carryovers that could be utilized. 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 September 30, 2015, and June 30, 2015, a valuation allowance of $2,362,000 and $2,073,000, respectively, was included related to net operating loss carryovers, other carryovers and book/tax differences in the balance sheet.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS )	3 Months Ended
	Sep. 30, 2015
Disclosure Text Block [Abstract]
Comprehensive Income (Loss) Note [Text Block]	N OTE CCUMULATED THER OMPREHENSIVE NCOME OSS The following table presents change in accumulated other comprehensive income (loss) ("AOCI") by component: (dollars in thousands) Unrealized gains (losses) on available-for-sale investments 1 Foreign currency adjustment Total Balance at June 30, 2015 $ (339 ) $ (144 ) $ (483 ) Other comprehensive loss before reclassifications (113 ) (81 ) (194 ) Tax effect - - - Amount reclassified from AOCI (471 ) - (471 ) Tax effect - - - Net other comprehensive loss for quarter (584 ) (81 ) (665 ) Balance at September 30, 2015 $ (923 ) $ (225 ) $ (1,148 ) (dollars in thousands) Unrealized gains (losses) on available-for-sale investments 1 Foreign currency adjustment Total Balance at June 30, 2014 $ 888 $ 18 $ 906 Other comprehensive loss before reclassifications (350 ) (50 ) (400 ) Tax effect 119 - 119 Amount reclassified from AOCI (295 ) - (295 ) Tax effect 100 - 100 Net other comprehensive loss for 2014 (426 ) (50 ) (476 ) Balance at September 30, 2014 $ 462 $ (32 ) $ 430 1 Amounts reclassified from unrealized gains (losses) on available-for-sale investments, net of tax, were recorded in investment income (loss) on the Consolidated Statements of Operations.

FINANCIAL INFORMATION BY BUSINE

FINANCIAL INFORMATION BY BUSINESS SEGMENT	3 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	N OTE INANCIAL NFORMATION BY USINESS EGMENT The Company operates principally in three business segments: providing investment management services to USGIF, offshore clients and an ETF client, investment management services in Canada, 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: (dollars in thousands) Investment Management Services Investment Management Services - Canada Corporate Investments Consolidated Three months ended September 30, 2015 Net operating revenues $ 1,268 1 $ 330 2 $ - $ 1,598 Net other income $ - $ - $ 534 $ 534 Income (loss) before income taxes $ (1,335 ) $ (45 ) $ 526 $ (854 ) Depreciation and amortization $ 64 $ 16 $ - $ 80 Capital expenditures $ 5 $ - $ - $ 5 Gross identifiable assets at September 30, 2015 $ 6,259 $ 1,686 $ 20,856 $ 28,801 Deferred tax asset $ - Consolidated total assets at September 30, 2015 $ 28,801 Three months ended September 30, 2014 Net operating revenues $ 2,635 1 $ 662 2 $ - $ 3,297 Net other income $ - $ - $ 220 $ 220 Income (loss) before income taxes $ (384 ) $ 68 $ 220 $ (96 ) Depreciation $ 63 $ 20 $ - $ 83 Capital expenditures $ 35 $ - $ - $ 35 1 Includes operating revenues from USGIF of $1,176 and $2,588 for the three months ended September 30, 2015 and September 30, 2014, respectively. 2 Includes operating revenues from Galileo Funds of $267 and $545; and other advisory clients of $61 and $113 for the three months ended September 30, 2015 and September 30, 2014, respectively.

CONTINGENCIES AND COMMITMENTS

CONTINGENCIES AND COMMITMENTS	3 Months Ended
	Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	N OTE ONTINGENCIES AND OMMITMENTS 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 $0.0025 per share through December 31, 2015, 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 October to December 2015 is approximately $115,000.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Sep. 30, 2015
Subsequent Events [Abstract]
Subsequent Events [Text Block]	N OTE UBSEQUENT VENTS On November 12, 2015, a proxy statement and notice of a special meeting of USGIF shareholders, to be held on December 9, 2015, was filed with the SEC. The purpose of the special meeting is to ask the shareholders of the Funds to elect a new slate of trustees to the Board of Trustees of the Funds. If successful, such action would facilitate the Funds becoming part of the family of funds that receive administrative, fund accounting and transfer agency services from Atlantic Fund Services (“Atlantic”). Transitioning the Funds to the Atlantic-sponsored family of funds may enable the Funds to realize certain operational economies of scale. The Company and the current Board of Trustees of the Funds endorse this proposal. If the proposed trustees are elected, it is anticipated that Atlantic will, over time, provide administrative, fund accounting and transfer agency services to the Funds. A revised administration agreement between the Funds and the Company is anticipated whereby the Company will provide reduced administrative services to the Funds than it currently provides, and at a reduced fee level. For the three months ending September 30, 2015, revenue from administrative fees was $111,000. The estimated administrative fees for the quarter ending September 30, 2015, if the revised agreement had been in place before July 1, 2015, would have been approximately $50,000. There is no assurance, however, that the new Board will approve the revised agreement. The Company will continue to provide the day-to-day investment management of the Funds pursuant to the investment advisory agreement currently in effect. It is anticipated that a third-party will become the distributor for the Funds. Therefore, the Company’s wholly-owned subsidiary, U.S. Global Brokerage, Inc., will cease to be the distributor for the Funds and will no longer receive distribution fees and shareholder services fees from the Funds. The Company expects to be reimbursed for certain platform expenses and other distribution-related expenses, thereby reducing the Company’s expenses. For the three months ending September 30, 2015, revenue from distribution fees and shareholder services fees were $245,000 and $103,000, respectively. It is also anticipated that certain other expenses of the Funds will be reduced upon implementation of the proposal. The Company currently waives or reduces its fees and/or agrees to pay expenses of the Funds above a certain amount. If the proposal is approved and expenses of the Funds are reduced, the Company expects that the fees it waives or expenses it pays to cap the Funds’ expenses will decrease. The Company will review and streamline processes and costs related to the reduction in services and responsibilities to the Funds. All costs related to the proposal will be split equally between the Company and the Funds, with the Funds’ portion exclusive of each Fund’s expense cap. The total costs are estimated to be approximately $660,000, but could be higher or lower. The Company’s portion, approximately $330,000, is expected to be included as an expense in the quarter ending December 31, 2015.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	3 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	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, 2015. The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, United Shareholder Services, Inc. (“USSI”), U.S. Global Brokerage, Inc., U.S. Global Investors (Bermuda) Limited, U.S. Global Investors (Canada) Limited (“USCAN”), and U.S. Global Indices, LLC, and its 65% interest in Galileo Global Equity Advisor Inc. (“Galileo”). Galileo is consolidated with the operations of the Company. The non-controlling interest in this subsidiary is included in “non-controlling interest in subsidiaries” in the equity section of the Consolidated Balance Sheets. Frank Holmes, CEO, and Susan McGee, President and General Counsel, serve as directors of Galileo. The Company's evaluation for consolidation includes 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 Accounting Standards Codification (“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 4 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. 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 three months ended September 30, 2015, 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.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In April 2014, the FASB issued ASU 2014-08, Presentation of Financial Statements and Property, Plant, and Equipment - Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers In August 2014, the FASB issued ASU 2014-15 , Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern In February 2015, the FASB issued ASU 2015-02, Amendments to the Consolidation Analysis In May 2015, the FASB issued ASU 2015-07, Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent)

INVESTMENTS (Tables)

INVESTMENTS (Tables)	3 Months Ended
	Sep. 30, 2015
Disclosure Text Block Supplement [Abstract]
Unrealized Gain (Loss) on Investments [Table Text Block]	The following details the components of the Company’s investments recorded as fair value as of September 30, 2015, and June 30, 2015. September 30, 2015 (dollars in thousands) Cost Gains (Losses) Fair Value Trading securities 1 Offshore fund $ 1,184 $ - $ (835 ) $ 349 Mutual funds - Fixed income 14,291 134 (1 ) 14,424 Mutual funds - Domestic equity 535 - (168 ) 367 Other 46 - (46 ) - Total trading securities $ 16,056 $ 134 $ (1,050 ) $ 15,140 Available-for-sale securities 2 Common Stock - Domestic $ 109 $ - $ (11 ) $ 98 Common Stock - International 659 58 (82 ) 635 Corporate debt 1,394 - (750 ) 644 Mutual funds - Fixed income 1,229 14 (32 ) 1,211 Mutual funds - Domestic equity 543 - (110 ) 433 Other 166 - (10 ) 156 Total available-for-sale securities 3 $ 4,100 $ 72 $ (995 ) $ 3,177 June 30, 2015 (dollars in thousands) Cost Gains (Losses) Fair Value Trading securities 1 Offshore fund $ 1,184 $ - $ (703 ) $ 481 Mutual funds - Fixed income 14,691 68 (5 ) 14,754 Mutual funds - Domestic equity 535 - (130 ) 405 Other 81 - (81 ) - Total trading securities $ 16,491 $ 68 $ (919 ) $ 15,640 Available-for-sale securities 2 Common Stock - Domestic $ 535 $ 316 $ (9 ) $ 842 Common Stock - International 695 309 (39 ) 965 Corporate debt 1,433 - (817 ) 616 Mutual funds - Fixed income 1,227 9 (22 ) 1,214 Mutual funds - Domestic equity 543 - (80 ) 463 Other 169 1 (7 ) 163 Total available-for-sale securities 3 $ 4,602 $ 635 $ (974 ) $ 4,263 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 (losses) on available-for-sale securities gross and net of tax as of September 30, 2015, are $(923) and $(923), respectively, and as of June 30, 2015, are ($339) and ($339), respectively.
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]	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: September 30, 2015 Less Than 12 Months 12 Months or Greater Total Gross Gross Gross Unrealized Unrealized Unrealized (dollars in thousands) Fair Value Losses Fair Value Losses Fair Value Losses Available-for-sale securities Common stock - Domestic $ - $ - $ 98 $ (11 ) $ 98 $ (11 ) Common stock - International 154 (25 ) 89 (57 ) 243 (82 ) Corporate debt - - 431 (750 ) 431 (750 ) Mutual funds - Fixed income 63 (13 ) 134 (19 ) 197 (32 ) Mutual funds - Domestic equity 433 (110 ) - - 433 (110 ) Other 155 (10 ) - - 155 (10 ) Total available-for-sale securities $ 805 $ (158 ) $ 752 $ (837 ) $ 1,557 $ (995 ) June 30, 2015 Less Than 12 Months 12 Months or Greater Total Gross Gross Gross Unrealized Unrealized Unrealized (dollars in thousands) Fair Value Losses Fair Value Losses Fair Value Losses Available-for-sale securities Common stock - Domestic $ 77 $ (7 ) $ 107 $ (2 ) $ 184 $ (9 ) Common stock - International 114 (23 ) 39 (16 ) 153 (39 ) Corporate debt 386 (817 ) - - 386 (817 ) Mutual funds - Fixed income 67 (7 ) 139 (15 ) 206 (22 ) Mutual funds - Domestic equity 463 (80 ) - - 463 (80 ) Other 112 (7 ) - - 112 (7 ) Total available-for-sale securities $ 1,219 $ (941 ) $ 285 $ (33 ) $ 1,504 $ (974 )
Gain (Loss) on Investments [Table Text Block]	The following summarizes investment income reflected in earnings for the periods discussed: Three Months Ended September 30, (dollars in thousands) 2015 2014 Investment Income Realized gains on sales of available-for-sale securities $ 531 $ 295 Realized losses on sales of trading securities (35 ) - Unrealized losses on trading securities (64 ) (231 ) Realized foreign currency gains 35 20 Other-than-temporary declines in available-for-sale securities (60 ) - Dividend and interest income 127 136 Total Investment Income $ 534 $ 220

FAIR VALUE DISCLOSURES (Tables)

FAIR VALUE DISCLOSURES (Tables)	3 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	The following presents fair value measurements, as of September 30, 2015, and June 30, 2015, for the major categories of U.S. Global’ s investments measured at fair value on a recurring basis: September 30, 2015 Quoted Prices Significant Other Inputs Significant Unobservable Inputs Total (dollars in thousands) (Level 1) (Level 2) (Level 3) Trading securities Offshore fund $ - $ 349 $ - $ 349 Mutual funds - Fixed income 14,424 - - 14,424 Mutual funds - Domestic equity 367 - - 367 Other - - - - Total trading securities 14,791 349 - 15,140 Available-for-sale securities Common stock - Domestic $ 98 $ - $ - $ 98 Common stock - International 625 10 - 635 Corporate debt - 85 559 644 Mutual funds - Fixed income 1,211 - - 1,211 Mutual funds - Domestic equity 433 - - 433 Other 156 - - 156 Total available-for-sale securities 2,523 95 559 3,177 Total $ 17,314 $ 444 $ 559 $ 18,317 June 30, 2015 Quoted Prices Significant Other Inputs Significant Unobservable Inputs Total (dollars in thousands) (Level 1) (Level 2) (Level 3) Trading securities Offshore fund $ - $ 481 $ - $ 481 Mutual funds - Fixed income 14,754 - - 14,754 Mutual funds - Domestic equity 405 - - 405 Other - - - - Total trading securities 15,159 481 - $ 15,640 Available-for-sale securities Common stock - Domestic $ 842 $ - $ - $ 842 Common stock - International 965 - $ - 965 Corporate debt - 77 539 616 Mutual funds - Fixed income 1,214 - - 1,214 Mutual funds - Domestic equity 463 - - 463 Other 163 - - 163 Total available-for-sale securities 3,647 77 539 4,263 Total $ 18,806 $ 558 $ 539 $ 19,903
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	The following table is a reconciliation of investments for which unobservable inputs (Level 3) were used in determining fair value during the three months ended September 30, 2015, and September 30, 2014: Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis September 30, 2015 September 30, 2014 (dollars in thousands) Corporate Debt Corporate Debt Beginning Balance $ 539 $ 250 Return of capital (13 ) (6 ) Total gains or losses (realized/unrealized) Included in earnings (investment income) (23 ) - Included in other comprehensive income (loss) 56 6 Purchases - - Sales - - Transfers into Level 3 - - Transfers out of Level 3 - - Ending Balance $ 559 $ 250

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	3 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	The following table sets forth the computation for basic and diluted EPS: Three Months Ended September 30, (dollars in thousands, except per share data) 2015 2014 Net loss attributable to U.S. Global Investors, Inc. $ (868 ) $ (128 ) Weighted average number of outstanding shares Basic 15,342,186 15,429,327 Effect of dilutive securities Employee stock options - - Diluted 15,342,186 15,429,327 Loss per share attributable to U.S. Global Investors, Inc. Basic $ (0.06 ) $ (0.01 ) Diluted $ (0.06 ) $ (0.01 )

ACCUMULATED OTHER COMPREHENSI23

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS ) (Tables)	3 Months Ended
	Sep. 30, 2015
Disclosure Text Block [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	The following table presents change in accumulated other comprehensive income (loss) ("AOCI") by component: (dollars in thousands) Unrealized gains (losses) on available-for-sale investments 1 Foreign currency adjustment Total Balance at June 30, 2015 $ (339 ) $ (144 ) $ (483 ) Other comprehensive loss before reclassifications (113 ) (81 ) (194 ) Tax effect - - - Amount reclassified from AOCI (471 ) - (471 ) Tax effect - - - Net other comprehensive loss for quarter (584 ) (81 ) (665 ) Balance at September 30, 2015 $ (923 ) $ (225 ) $ (1,148 ) (dollars in thousands) Unrealized gains (losses) on available-for-sale investments 1 Foreign currency adjustment Total Balance at June 30, 2014 $ 888 $ 18 $ 906 Other comprehensive loss before reclassifications (350 ) (50 ) (400 ) Tax effect 119 - 119 Amount reclassified from AOCI (295 ) - (295 ) Tax effect 100 - 100 Net other comprehensive loss for 2014 (426 ) (50 ) (476 ) Balance at September 30, 2014 $ 462 $ (32 ) $ 430 1 Amounts reclassified from unrealized gains (losses) on available-for-sale investments, net of tax, were recorded in investment income (loss) on the Consolidated Statements of Operations.

FINANCIAL INFORMATION BY BUSI24

FINANCIAL INFORMATION BY BUSINESS SEGMENT (Tables)	3 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	The following schedule details total revenues and income by business segment: (dollars in thousands) Investment Management Services Investment Management Services - Canada Corporate Investments Consolidated Three months ended September 30, 2015 Net operating revenues $ 1,268 1 $ 330 2 $ - $ 1,598 Net other income $ - $ - $ 534 $ 534 Income (loss) before income taxes $ (1,335 ) $ (45 ) $ 526 $ (854 ) Depreciation and amortization $ 64 $ 16 $ - $ 80 Capital expenditures $ 5 $ - $ - $ 5 Gross identifiable assets at September 30, 2015 $ 6,259 $ 1,686 $ 20,856 $ 28,801 Deferred tax asset $ - Consolidated total assets at September 30, 2015 $ 28,801 Three months ended September 30, 2014 Net operating revenues $ 2,635 1 $ 662 2 $ - $ 3,297 Net other income $ - $ - $ 220 $ 220 Income (loss) before income taxes $ (384 ) $ 68 $ 220 $ (96 ) Depreciation $ 63 $ 20 $ - $ 83 Capital expenditures $ 35 $ - $ - $ 35 1 Includes operating revenues from USGIF of $1,176 and $2,588 for the three months ended September 30, 2015 and September 30, 2014, respectively. 2 Includes operating revenues from Galileo Funds of $267 and $545; and other advisory clients of $61 and $113 for the three months ended September 30, 2015 and September 30, 2014, respectively.

BASIS OF PRESENTATION (Details)

BASIS OF PRESENTATION (Details)	3 Months Ended
	Sep. 30, 2015
Galileo Global Equity Advisors Inc. [Member]
BASIS OF PRESENTATION (Details) [Line Items]
Ownership in subsidiary	65.00%

INVESTMENTS (Details)

INVESTMENTS (Details) - USD ($)		3 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Jun. 30, 2015
INVESTMENTS (Details) [Line Items]
Fair value of investments held		$ 18,300,000
Cost basis of investments held		$ 20,200,000
Value of Fair Value Investments to Company Assets		63.60%
Other investments		$ 2,303,000		$ 2,303,000
Available-for-sale, net unrealized gain (loss), gross		(923,000)		(339,000)
Available-for-sale, net unrealized gain (loss), net of tax		(923,000)		(339,000)
Other-than-temporary impairments		60,000	$ 0
Available-for-sale, amortized cost	[1]	4,100,000		$ 4,602,000
Offshore Fund [Member]
INVESTMENTS (Details) [Line Items]
Fair value of investments held		$ 349,000
Common Stock and Mutual Fund [Member]
INVESTMENTS (Details) [Line Items]
Number of positions, subject to impairment loss		3
Available-for-sale, amortized cost		$ 49,000
Available-for-sale securities, fair value		12,000
Corporate Debt Security, One [Member]
INVESTMENTS (Details) [Line Items]
Available-for-sale, amortized cost		970,000
Available-for-sale securities, fair value		947,000
U.S. Global Investors Funds [Member]
INVESTMENTS (Details) [Line Items]
Fair value of investments held		$ 16,200,000
[1]	Net unrealized gains (losses) on available-for-sale securities gross and net of tax as of September 30, 2015, are $(923) and $(923), respectively, and as of June 30, 2015, are ($339) and ($339), respectively.

INVESTMENTS (Details) - Compone

INVESTMENTS (Details) - Components of Company's Trading and Available-for-Sale Investments - USD ($) $ in Thousands		Sep. 30, 2015	Jun. 30, 2015
Trading securities1
Trading, cost	[1]	$ 16,056	$ 16,491
Trading, gross unrealized gain	[1]	134	68
Trading, gross unrealized (loss)	[1]	(1,050)	(919)
Trading securities, at fair value	[1]	15,140	15,640
Available-for-sale securities2
Available -for-sale, cost	[2]	4,100	4,602
Available -for-sale, gross unrealized gain	[2]	72	635
Available -for-sale, gross unrealized (loss)	[2]	(995)	(974)
Available -for-sale, fair value	[2]	3,177	4,263
Offshore Fund [Member]
Trading securities1
Trading, cost	[1]	1,184	1,184
Trading, gross unrealized gain	[1]	0	0
Trading, gross unrealized (loss)	[1]	(835)	(703)
Trading securities, at fair value	[1]	349	481
Fixed Income Securities [Member]
Trading securities1
Trading, cost	[1]	14,291	14,691
Trading, gross unrealized gain	[1]	134	68
Trading, gross unrealized (loss)	[1]	(1)	(5)
Trading securities, at fair value	[1]	14,424	14,754
Available-for-sale securities2
Available -for-sale, cost	[3]	1,229	1,227
Available -for-sale, gross unrealized gain	[3]	14	9
Available -for-sale, gross unrealized (loss)	[3]	(32)	(22)
Available -for-sale, fair value	[3]	1,211	1,214
Mutual Funds, Domestic Equity [Member]
Trading securities1
Trading, cost	[1]	535	535
Trading, gross unrealized gain	[1]	0	0
Trading, gross unrealized (loss)	[1]	(168)	(130)
Trading securities, at fair value	[1]	367	405
Available-for-sale securities2
Available -for-sale, cost	[3]	543	543
Available -for-sale, gross unrealized gain	[3]	0	0
Available -for-sale, gross unrealized (loss)	[3]	(110)	(80)
Available -for-sale, fair value	[3]	433	463
Other Securities [Member]
Trading securities1
Trading, cost	[1]	46	81
Trading, gross unrealized gain	[1]	0	0
Trading, gross unrealized (loss)	[1]	(46)	(81)
Trading securities, at fair value	[1]	0	0
Available-for-sale securities2
Available -for-sale, cost	[3]	166	169
Available -for-sale, gross unrealized gain	[3]	0	1
Available -for-sale, gross unrealized (loss)	[3]	(10)	(7)
Available -for-sale, fair value	[3]	156	163
Common Stock - Domestic [Member]
Available-for-sale securities2
Available -for-sale, cost	[3]	109	535
Available -for-sale, gross unrealized gain	[3]	0	316
Available -for-sale, gross unrealized (loss)	[3]	(11)	(9)
Available -for-sale, fair value	[3]	98	842
Common Stock - International [Member]
Available-for-sale securities2
Available -for-sale, cost	[3]	659	695
Available -for-sale, gross unrealized gain	[3]	58	309
Available -for-sale, gross unrealized (loss)	[3]	(82)	(39)
Available -for-sale, fair value	[3]	635	965
Corporate Debt Securities [Member]
Available-for-sale securities2
Available -for-sale, cost	[3]	1,394	1,433
Available -for-sale, gross unrealized gain	[3]	0	0
Available -for-sale, gross unrealized (loss)	[3]	(750)	(817)
Available -for-sale, fair value	[3]	$ 644	$ 616
[1]	Unrealized and realized gains and losses on trading securities are included in earnings in the statement of operations.
[2]	Net unrealized gains (losses) on available-for-sale securities gross and net of tax as of September 30, 2015, are $(923) and $(923), respectively, and as of June 30, 2015, are ($339) and ($339), 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 shareholders' equity until realized.

INVESTMENTS (Details) - Summary

INVESTMENTS (Details) - Summary of Gross Unrealized Losses and Fiar Value of Available-for-Sale Investments - USD ($) $ in Thousands	Sep. 30, 2015	Jun. 30, 2015
Available-for-sale securities
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	$ 805	$ 1,219
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	(158)	(941)
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, fair value	752	285
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, gross unrealized loss	(837)	(33)
Available-for-sale securities, continuous unrealized loss position, fair value, total	1,557	1,504
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	(995)	(974)
Common Stock - Domestic [Member]
Available-for-sale securities
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	0	77
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	0	(7)
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, fair value	98	107
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, gross unrealized loss	(11)	(2)
Available-for-sale securities, continuous unrealized loss position, fair value, total	98	184
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	(11)	(9)
Common Stock - International [Member]
Available-for-sale securities
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	154	114
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	(25)	(23)
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, fair value	89	39
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, gross unrealized loss	(57)	(16)
Available-for-sale securities, continuous unrealized loss position, fair value, total	243	153
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	(82)	(39)
Corporate Debt Securities [Member]
Available-for-sale securities
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	0	386
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	0	(817)
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, fair value	431	0
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, gross unrealized loss	(750)	0
Available-for-sale securities, continuous unrealized loss position, fair value, total	431	386
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	(750)	(817)
Fixed Income Securities [Member]
Available-for-sale securities
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	63	67
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	(13)	(7)
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, fair value	134	139
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, gross unrealized loss	(19)	(15)
Available-for-sale securities, continuous unrealized loss position, fair value, total	197	206
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	(32)	(22)
Mutual Funds, Domestic Equity [Member]
Available-for-sale securities
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	433	463
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	(110)	(80)
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 greater, gross unrealized loss	0	0
Available-for-sale securities, continuous unrealized loss position, fair value, total	433	463
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	(110)	(80)
Other Securities [Member]
Available-for-sale securities
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	155	112
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	(10)	(7)
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 greater, gross unrealized loss	0	0
Available-for-sale securities, continuous unrealized loss position, fair value, total	155	112
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	$ (10)	$ (7)

INVESTMENTS (Details) - Investm

INVESTMENTS (Details) - Investment Income (Loss) Reflected in Earnings - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Investment Income
Realized gains on sales of available-for-sale securities	$ 531	$ 295
Realized losses on sales of trading securities	(35)	0
Unrealized losses on trading securities	(64)	(231)
Realized foreign currency gains	35	20
Other-than-temporary declines in available-for-sale securities	(60)	0
Dividend and interest income	127	136
Total Investment Income	$ 534	$ 220

FAIR VALUE DISCLOSURES (Details

FAIR VALUE DISCLOSURES (Details) - USD ($)		3 Months Ended
		Sep. 30, 2015	Jun. 30, 2015
FAIR VALUE DISCLOSURES (Details) [Line Items]
Transfer from Level 1 to Level 2, amount (in Dollars)		$ 10,000
Trading, fair value (in Dollars)	[1]	15,140,000	$ 15,640,000
Offshore Fund [Member]
FAIR VALUE DISCLOSURES (Details) [Line Items]
Trading, fair value (in Dollars)	[1]	$ 349,000	$ 481,000
Fair Value, Inputs, Level 1 [Member]
FAIR VALUE DISCLOSURES (Details) [Line Items]
Percentage of Financial Assets Derived from Level 1 Inputs Measured at Fair Value		95.00%	94.00%
Fair Value, Inputs, Level 2 [Member]
FAIR VALUE DISCLOSURES (Details) [Line Items]
Percentage of Financial Assets Derived from Level 2 Inputs Measured at Fair Value		2.00%	3.00%
Fair Value, Inputs, Level 2 [Member] | Offshore Fund [Member] | Trading Securities [Member] | Energy And Natural Resource Sectors [Member]
FAIR VALUE DISCLOSURES (Details) [Line Items]
Trading, fair value (in Dollars)		$ 349,000
Fair Value, Inputs, Level 2 [Member] | Corporate Debt Securities [Member] | Available-for-sale Securities [Member]
FAIR VALUE DISCLOSURES (Details) [Line Items]
Investments, fair value (in Dollars)		$ 85,000
Fair Value, Inputs, Level 2 [Member] | Trading Securities [Member] | Offshore Fund [Member]
FAIR VALUE DISCLOSURES (Details) [Line Items]
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Investment Redemption, Minimum Notice Period		45 days
Fair Value, Inputs, Level 3 [Member]
FAIR VALUE DISCLOSURES (Details) [Line Items]
Percentage of Financial Assets Derived from Level 3 Inputs Measured at Fair Value		3.00%	3.00%
[1]	Unrealized and realized gains and losses on trading securities are included in earnings in the statement of operations.

FAIR VALUE DISCLOSURES (Detai31

FAIR VALUE DISCLOSURES (Details) - Fair Value Measurments on Recurring Basis - USD ($)		Sep. 30, 2015	Jun. 30, 2015
Trading securities
Trading securities, at fair value	[1]	$ 15,140,000	$ 15,640,000
Available-for-sale securities
Available-for-sale, fair value	[2]	3,177,000	4,263,000
Total Investments Measured at Fair Value on a Recurring Basis		18,300,000
Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		15,140,000	15,640,000
Available-for-sale securities
Available-for-sale, fair value		3,177,000	4,263,000
Total Investments Measured at Fair Value on a Recurring Basis		18,317,000	19,903,000
Offshore Fund [Member]
Trading securities
Trading securities, at fair value	[1]	349,000	481,000
Available-for-sale securities
Total Investments Measured at Fair Value on a Recurring Basis		349,000
Offshore Fund [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		349,000	481,000
Fixed Income Securities [Member]
Trading securities
Trading securities, at fair value	[1]	14,424,000	14,754,000
Available-for-sale securities
Available-for-sale, fair value	[3]	1,211,000	1,214,000
Fixed Income Securities [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		14,424,000	14,754,000
Available-for-sale securities
Available-for-sale, fair value		1,211,000	1,214,000
Mutual Funds, Domestic Equity [Member]
Trading securities
Trading securities, at fair value	[1]	367,000	405,000
Available-for-sale securities
Available-for-sale, fair value	[3]	433,000	463,000
Mutual Funds, Domestic Equity [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		367,000	405,000
Available-for-sale securities
Available-for-sale, fair value		433,000	463,000
Other Securities [Member]
Trading securities
Trading securities, at fair value	[1]	0	0
Available-for-sale securities
Available-for-sale, fair value	[3]	156,000	163,000
Other Securities [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		0	0
Available-for-sale securities
Available-for-sale, fair value		156,000	163,000
Common Stock - Domestic [Member]
Available-for-sale securities
Available-for-sale, fair value	[3]	98,000	842,000
Common Stock - Domestic [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities
Available-for-sale, fair value		98,000	842,000
Common Stock - International [Member]
Available-for-sale securities
Available-for-sale, fair value	[3]	635,000	965,000
Common Stock - International [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities
Available-for-sale, fair value		635,000	965,000
Corporate Debt Securities [Member]
Available-for-sale securities
Available-for-sale, fair value	[3]	644,000	616,000
Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities
Available-for-sale, fair value		644,000	616,000
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		14,791,000	15,159,000
Available-for-sale securities
Available-for-sale, fair value		2,523,000	3,647,000
Total Investments Measured at Fair Value on a Recurring Basis		17,314,000	18,806,000
Fair Value, Inputs, Level 1 [Member] | Offshore Fund [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		0	0
Fair Value, Inputs, Level 1 [Member] | Fixed Income Securities [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		14,424,000	14,754,000
Available-for-sale securities
Available-for-sale, fair value		1,211,000	1,214,000
Fair Value, Inputs, Level 1 [Member] | Mutual Funds, Domestic Equity [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		367,000	405,000
Available-for-sale securities
Available-for-sale, fair value		433,000	463,000
Fair Value, Inputs, Level 1 [Member] | Other Securities [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		0	0
Available-for-sale securities
Available-for-sale, fair value		156,000	163,000
Fair Value, Inputs, Level 1 [Member] | Common Stock - Domestic [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities
Available-for-sale, fair value		98,000	842,000
Fair Value, Inputs, Level 1 [Member] | Common Stock - International [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities
Available-for-sale, fair value		625,000	965,000
Fair Value, Inputs, Level 1 [Member] | Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities
Available-for-sale, fair value		0	0
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		349,000	481,000
Available-for-sale securities
Available-for-sale, fair value		95,000	77,000
Total Investments Measured at Fair Value on a Recurring Basis		444,000	558,000
Fair Value, Inputs, Level 2 [Member] | Offshore Fund [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		349,000	481,000
Fair Value, Inputs, Level 2 [Member] | Fixed Income Securities [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		0	0
Available-for-sale securities
Available-for-sale, fair value		0	0
Fair Value, Inputs, Level 2 [Member] | Mutual Funds, Domestic Equity [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		0	0
Available-for-sale securities
Available-for-sale, fair value		0	0
Fair Value, Inputs, Level 2 [Member] | Other Securities [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		0	0
Available-for-sale securities
Available-for-sale, fair value		0	0
Fair Value, Inputs, Level 2 [Member] | Common Stock - Domestic [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities
Available-for-sale, fair value		0	0
Fair Value, Inputs, Level 2 [Member] | Common Stock - International [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities
Available-for-sale, fair value		10,000	0
Fair Value, Inputs, Level 2 [Member] | Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities
Available-for-sale, fair value		85,000	77,000
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		0	0
Available-for-sale securities
Available-for-sale, fair value		559,000	539,000
Total Investments Measured at Fair Value on a Recurring Basis		559,000	539,000
Fair Value, Inputs, Level 3 [Member] | Offshore Fund [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		0	0
Fair Value, Inputs, Level 3 [Member] | Fixed Income Securities [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		0	0
Available-for-sale securities
Available-for-sale, fair value		0	0
Fair Value, Inputs, Level 3 [Member] | Mutual Funds, Domestic Equity [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		0	0
Available-for-sale securities
Available-for-sale, fair value		0	0
Fair Value, Inputs, Level 3 [Member] | Other Securities [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		0	0
Available-for-sale securities
Available-for-sale, fair value		0	0
Fair Value, Inputs, Level 3 [Member] | Common Stock - Domestic [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities
Available-for-sale, fair value		0	0
Fair Value, Inputs, Level 3 [Member] | Common Stock - International [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities
Available-for-sale, fair value		0	0
Fair Value, Inputs, Level 3 [Member] | Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities
Available-for-sale, fair value		$ 559,000	$ 539,000
[1]	Unrealized and realized gains and losses on trading securities are included in earnings in the statement of operations.
[2]	Net unrealized gains (losses) on available-for-sale securities gross and net of tax as of September 30, 2015, are $(923) and $(923), respectively, and as of June 30, 2015, are ($339) and ($339), 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 shareholders' equity until realized.

FAIR VALUE DISCLOSURES (Detai32

FAIR VALUE DISCLOSURES (Details) - Summary of Investments Measured at Fair Value on a Recurring Basis - Corporate Debt Securities [Member] - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	$ 539	$ 250
Ending Balance	559	250
Return of capital	(13)	(6)
Total gains or losses (realized/unrealized)
Included in earnings (investment income)	(23)	0
Included in other comprehensive income (loss)	56	6
Purchases	0	0
Sales	0	0
Transfers into Level 3	0	0
Transfers out of Level 3	$ 0	$ 0

INVESTMENT MANAGEMENT, TRANSF33

INVESTMENT MANAGEMENT, TRANSFER AGENT AND OTHER FEES (Details) - USD ($)	Nov. 01, 2014	Dec. 31, 2013	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Jun. 30, 2015
INVESTMENT MANAGEMENT, TRANSFER AGENT AND OTHER FEES (Details) [Line Items]
Advisory fees			$ 1,139,000	$ 2,420,000
Base percentage adjustment, fund performance not within benchmark index			0.25%		0.25%
Minimum performance to designated benchmark over prior rolling twelve months, percent			5.00%		5.00%
Increase (Decrease) in Base Advisry Fees Realized			$ (168,000)	(183,000)
Aggregate Fees Waived and Expenses Borne			378,000	277,000
Minimum yield waivers recoverable through 12/31/15			510,000
Minimum yield waivers recoverable through 12/31/16			498,000
Administrative services fees, per fund	$ 7,000	$ 10,000
Receivables			$ 654,000		$ 654,000	$ 1,837,000
itary Management Fee, Percentage of Average Net Assets					0.60%
Investor Class Shares [Member]
INVESTMENT MANAGEMENT, TRANSFER AGENT AND OTHER FEES (Details) [Line Items]
Previous administrative fee rate		0.08%
Administrative fee rate		0.10%
Institutional Class Shares [Member]
INVESTMENT MANAGEMENT, TRANSFER AGENT AND OTHER FEES (Details) [Line Items]
Previous administrative fee rate		0.06%
Administrative fee rate		0.08%
Offshore Fund [Member] | Investment Advisory Services [Member]
INVESTMENT MANAGEMENT, TRANSFER AGENT AND OTHER FEES (Details) [Line Items]
Number of offshore clients company provides advisory services for			2		2
U.S. Global Investors Funds [Member]
INVESTMENT MANAGEMENT, TRANSFER AGENT AND OTHER FEES (Details) [Line Items]
Advisory fees			$ 885,000	1,900,000
Investment Distribution Fee, Annual Rate, Percentage			0.25%
U. S. Global Jets EFT [Member]
INVESTMENT MANAGEMENT, TRANSFER AGENT AND OTHER FEES (Details) [Line Items]
Advisory fees					$ 70,000
Offshore Clients [Member]
INVESTMENT MANAGEMENT, TRANSFER AGENT AND OTHER FEES (Details) [Line Items]
Advisory fees			$ 22,000	47,000
Accounts Receivable [Member] | U.S. Global Investors Funds [Member]
INVESTMENT MANAGEMENT, TRANSFER AGENT AND OTHER FEES (Details) [Line Items]
Receivables			563,000		$ 563,000
Galileo Global Equity Advisors Inc. [Member]
INVESTMENT MANAGEMENT, TRANSFER AGENT AND OTHER FEES (Details) [Line Items]
Advisory fees			$ 330,000	$ 662,000

BORROWINGS (Details)

BORROWINGS (Details)	Sep. 30, 2015USD ($)
Debt Disclosure [Abstract]
Long-term liabilities	$ 0
Credit facility with a one-year maturity for working capital	$ 1,000,000

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - USD ($)	3 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Sep. 30, 2014	Dec. 10, 2014	Dec. 12, 2013	Dec. 07, 2012
STOCKHOLDERS' EQUITY (Details) [Line Items]
Repurchasing amount		$ 163,000	$ 59,000
Options exercisable (in Shares)		22,000
Number of options outstanding (in Shares)		22,000
Weighted average exercise price, outstanding options (in Dollars per share)		$ 18.72
Weighted average exercise price, exercisable options (in Dollars per share)		$ 18.72
Number of options granted (in Shares)		0
Number of options exercised during period (in Shares)		0
Number of options, options forfeited (in Shares)		0
Stock-based compensation expense		$ 0	0
Unrecognized share-based compensation cost		$ 0	$ 0
Share Repurchase Plan - December 2012 [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Stock Repurchase Program, Authorized Amount						$ 2,750,000
Share Repurchase Renewal, December 2014 [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Stock Repurchase Program, Authorized Amount				$ 2,750,000
Share Repurchase Renewal, Decmeber 2013 [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Stock Repurchase Program, Authorized Amount					$ 2,750,000
Common Class A [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Number of shares repurchased (in Shares)		73,021	16,793
Repurchasing amount		$ 163,000	$ 59,000
Monthly Dividend Authorized [Member] | Scenario, Forecast [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Monthly dividend (in Dollars per share)	$ 0.0025

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - shares	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Employee Stock Option [Member]
EARNINGS PER SHARE (Details) [Line Items]
Employee stock options excluded from diluted EPS	22,000	22,000

EARNINGS PER SHARE (Details) -

EARNINGS PER SHARE (Details) - Computation for Basic and Diluted Earnings Per Share - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Earnings Per Share Basic And Diluted Abstract
Net loss attributable to U.S. Global Investors, Inc. (in Dollars)	$ (868)	$ (128)
Weighted average number of outstanding shares
Basic	15,342,186	15,429,327
Effect of dilutive securities
Employee stock options	0	0
Diluted	15,342,186	15,429,327
Loss per share attributable to U.S. Global Investors, Inc.
Basic (in Dollars per share)	$ (0.06)	$ (0.01)
Diluted (in Dollars per share)	$ (0.06)	$ (0.01)

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	Sep. 30, 2015	Jun. 30, 2015
INCOME TAXES (Details) [Line Items]
Operating loss carryover	$ 3,772,000
Valuation allowance	2,362,000	$ 2,073,000
Expiring in Fiscal Year 2035 [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover	3,000,000
Expiring in Fiscal Year 2036 [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover	772,000
Expiring in Fiscal Year 2025 [Member] | Galileo [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover	64,000
Expiring in Fiscal Year 2027 [Member] | Galileo [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover	116,000
Expiring in Fiscal Year 2029 [Member] | Galileo [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover	43,000
Expiring in Fiscal Year 2030 [Member] | Galileo [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover	39,000
Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Tax expense at charitable contribution carryovers	122,000
Domestic Tax Authority [Member] | Expiring in Fiscal Year 2018 [Member]
INCOME TAXES (Details) [Line Items]
Tax expense at charitable contribution carryovers	68,000
Domestic Tax Authority [Member] | Expiring in Fiscal Year 2019 [Member]
INCOME TAXES (Details) [Line Items]
Tax expense at charitable contribution carryovers	34,000
Domestic Tax Authority [Member] | Expiring in Fiscal Year 2020 [Member]
INCOME TAXES (Details) [Line Items]
Tax expense at charitable contribution carryovers	19,000
Domestic Tax Authority [Member] | Expiring in Fiscal Year 2021 [Member]
INCOME TAXES (Details) [Line Items]
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	1,000
Foreign Tax Authority [Member] | Galileo [Member] | CANADA
INCOME TAXES (Details) [Line Items]
Cumulative Eligible Capital Carryovers with No Expiration	$ 246,000

ACCUMULATED OTHER COMPREHENSI39

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS ) (Details) - Schedule of Accumulated Other Comprehensive Income (Loss) - USD ($) $ in Thousands		3 Months Ended
		Sep. 30, 2015	Sep. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), net of tax, beginning balance		$ (483)	$ 906
Accumuloated other comprehensive income (loss), net of tax, ending balance		(1,148)	430
Other comprehensive loss before reclassifications		(194)	(400)
Tax effect		0	119
Amount reclassified from AOCI		(471)	(295)
Tax effect		0	100
Net other comprehensive income (loss)		(665)	(476)
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), net of tax, beginning balance	[1]	(339)	888
Accumuloated other comprehensive income (loss), net of tax, ending balance	[1]	(923)	462
Other comprehensive loss before reclassifications	[1]	(113)	(350)
Tax effect	[1]	0	119
Amount reclassified from AOCI	[1]	(471)	(295)
Tax effect	[1]	0	100
Net other comprehensive income (loss)	[1]	(584)	(426)
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), net of tax, beginning balance		(144)	18
Accumuloated other comprehensive income (loss), net of tax, ending balance		(225)	(32)
Other comprehensive loss before reclassifications		(81)	(50)
Tax effect		0	0
Amount reclassified from AOCI		0	0
Tax effect		0	0
Net other comprehensive income (loss)		$ (81)	$ (50)
[1]	Amounts reclassified from unrealized gains (losses) on available-for-sale investments, net of tax, were recorded in investment income (loss) on the Consolidated Statements of Operations.

FINANCIAL INFORMATION BY BUSI40

FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) - USD ($)		3 Months Ended
		Sep. 30, 2015	Sep. 30, 2014
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net operating revenues		$ 1,598,000	$ 3,297,000
Investment Management Services [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net operating revenues	[1]	1,268,000	2,635,000
Investment Management Services - Canada [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net operating revenues	[2]	330,000	662,000
U.S. Global Investors Funds [Member] | Investment Management Services [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net operating revenues		1,176	2,588
Galileo Funds [Member] | Investment Management Services - Canada [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net operating revenues		267	545
Other Advisory Clients [Member] | Investment Management Services - Canada [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net operating revenues		$ 61	$ 113
[1]	Includes operating revenues from USGIF of $1,176 and $2,588 for the three months ended September 30, 2015 and September 30, 2014, respectively.
[2]	Includes operating revenues from Galileo Funds of $267 and $545; and other advisory clients of $61 and $113 for the three months ended September 30, 2015, and September 30, 2014, respectively.

FINANCIAL INFORMATION BY BUSI41

FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) - Schedule Details of Financial Information by Business Segment - USD ($) $ in Thousands		3 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Jun. 30, 2015
Segment Reporting Information [Line Items]
Net operating revenues		$ 1,598	$ 3,297
Net other income		534	220
Income (loss) before income taxes		(854)	(96)
Depreciation and amortization		80	83
Capital expenditures		5	35
Gross identifiable assets at September 30, 2015		28,801
Deferred tax asset		0
Consolidated total assets at September 30, 2015		28,801		$ 30,770
Investment Management Services [Member]
Segment Reporting Information [Line Items]
Net operating revenues	[1]	1,268	2,635
Net other income		0	0
Income (loss) before income taxes		(1,335)	(384)
Depreciation and amortization		64	63
Capital expenditures		5	35
Gross identifiable assets at September 30, 2015		6,259
Investment Management Services - Canada [Member]
Segment Reporting Information [Line Items]
Net operating revenues	[2]	330	662
Net other income		0	0
Income (loss) before income taxes		(45)	68
Depreciation and amortization		16	20
Capital expenditures		0	0
Gross identifiable assets at September 30, 2015		1,686
Corporate Investments [Member]
Segment Reporting Information [Line Items]
Net operating revenues		0	0
Net other income		534	220
Income (loss) before income taxes		526	220
Depreciation and amortization		0	0
Capital expenditures		0	$ 0
Gross identifiable assets at September 30, 2015		$ 20,856
[1]	Includes operating revenues from USGIF of $1,176 and $2,588 for the three months ended September 30, 2015 and September 30, 2014, respectively.
[2]	Includes operating revenues from Galileo Funds of $267 and $545; and other advisory clients of $61 and $113 for the three months ended September 30, 2015, and September 30, 2014, respectively.

CONTINGENCIES AND COMMITMENTS (

CONTINGENCIES AND COMMITMENTS (Details) - USD ($)	3 Months Ended
	Dec. 31, 2015	Sep. 30, 2015
Class A and C [Member]
CONTINGENCIES AND COMMITMENTS (Details) [Line Items]
Amount of cash dividends to be paid to class A and C shareholders		$ 115,000
Monthly Dividend Authorized [Member] | Scenario, Forecast [Member]
CONTINGENCIES AND COMMITMENTS (Details) [Line Items]
Monthly Dividend Declared	$ 0.0025

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Sep. 30, 2014
SUBSEQUENT EVENTS (Details) [Line Items]
Administrative Services Revenue		$ 111	$ 208
Distribution Fees		245	463
Shareholder Services, Fees		103	206
Operating Expenses		2,986	$ 3,613
Scenario, Had Revised Agreement Been in Place Before July 1, 2015 [Member]
SUBSEQUENT EVENTS (Details) [Line Items]
Administrative Services Revenue		$ 50
Subsequent Event [Member] | Total Estimated Cost to Company and Funds Related to Proposal [Member] | Scenario, Forecast [Member]
SUBSEQUENT EVENTS (Details) [Line Items]
Operating Expenses	$ 660
Subsequent Event [Member] | Total Estimated Cost to Company Related to Proposal [Member] | Scenario, Forecast [Member]
SUBSEQUENT EVENTS (Details) [Line Items]
Operating Expenses	$ 330