U.S. Global Investors (GROW) 10-Q 12 May 16 2016 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Mar. 31, 2016	May. 02, 2016
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	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
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		13,192,818

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Mar. 31, 2016	Jun. 30, 2015
Current Assets
Cash and cash equivalents		$ 3,057	$ 3,507
Investment securities - trading, at fair value	[1]	13,102	15,640
Investment securities - held-to-maturity		750	0
Receivables		749	1,653
Prepaid expenses		329	410
Total assets held related to discontinued operations		0	184
Total Current Assets		17,987	21,394
Net Property and Equipment		2,537	2,736
Other Assets
Investment securities - available-for-sale, at fair value	[2],[3]	4,013	4,263
Other investments		2,025	2,303
Intangible assets, net		8	41
Other assets, long term		109	33
Total Other Assets		6,155	6,640
Total Assets		26,679	30,770
Current Liabilities
Accounts payable		158	114
Accrued compensation and related costs		342	456
Dividends payable		115	231
Other accrued expenses		509	692
Total liabilities held related to discontinued operations		0	134
Total Current Liabilities		$ 1,124	$ 1,627
Commitments and Contingencies (Note 11)
Shareholders' Equity
Additional paid-in-capital		$ 15,653	$ 15,694
Treasury stock, class A shares at cost; 664,894 and 555,786 shares at March 31, 2016, and June 30, 2015, respectively		(1,624)	(1,464)
Accumulated other comprehensive loss, net of tax		(45)	(483)
Retained earnings		10,649	14,423
Total U.S. Global Investors Inc. Shareholders' Equity		25,032	28,569
Non-Controlling Interest in Subsidiary		523	574
Total Shareholders' Equity		25,555	29,143
Total Liabilities and Shareholders' Equity		26,679	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 March 31, 2016, are $150 and $150, 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.

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Mar. 31, 2016	Jun. 30, 2015
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
Treasury stock, class A shares at cost; shares	664,894	555,786
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		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Operating Revenues
Advisory fees	$ 1,279	$ 1,248	$ 3,615	$ 5,359
Administrative services fees	51	141	254	516
	1,330	1,389	3,869	5,875
Operating Expenses
Employee compensation and benefits	886	1,269	3,953	4,101
General and administrative	765	1,001	2,963	3,113
Platform fees	106	166	382	671
Advertising	33	43	182	81
Depreciation and amortization	80	81	240	246
	1,870	2,560	7,720	8,212
Operating Loss	(540)	(1,171)	(3,851)	(2,337)
Other Income
Investment income	148	249	411	522
Total Other Income	148	249	411	522
Loss Before Income Taxes	(392)	(922)	(3,440)	(1,815)
Provision for Federal Income Taxes
Tax expense (benefit)	(16)	26	(5)	22
Loss from Continuing Operations	(376)	(948)	(3,435)	(1,837)
Discontinued Operations
Loss from discontinued operations of distributor	0	(47)	(18)	(89)
Tax benefit	0	(1)	0	(1)
Loss from Discontinued Operations	0	(46)	(18)	(88)
Net Loss	(376)	(994)	(3,453)	(1,925)
Less: Net Income (Loss) Attributable to Non-Controlling Interest	(26)	13	(23)	53
Net Loss Attributable to U.S. Global Investors, Inc.	$ (350)	$ (1,007)	$ (3,430)	$ (1,978)
Basic Net Loss per Share:
Loss from continuing operations (in Dollars per share)	$ (0.02)	$ (0.06)	$ (0.22)	$ (0.12)
Loss from discontinued operations (in Dollars per share)	0	(0.01)	0	(0.01)
Basic Net Loss per Share (in Dollars per share)	(0.02)	(0.07)	(0.22)	(0.13)
Diluted Net Loss per Share:
Loss from continuing operations (in Dollars per share)	(0.02)	(0.06)	(0.22)	(0.12)
Loss from discontinued operations (in Dollars per share)	0	(0.01)	0	(0.01)
Diluted Net Loss per Share (in Dollars per share)	$ (0.02)	$ (0.07)	$ (0.22)	$ (0.13)
Basic weighted average number of common shares outstanding (in Shares)	15,277,098	15,379,365	15,306,676	15,406,189
Diluted weighted average number of common shares outstanding (in Shares)	15,277,098	15,379,365	15,306,676	15,406,189

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS ) (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Net Loss Attributable to U.S. Global Investors, Inc.	$ (350)	$ (1,007)	$ (3,430)	$ (1,978)
Other Comprehensive Income (Loss), Net of Tax:
Unrealized gains (losses) on available-for-sale securities arising during period	417	(13)	774	(862)
Less: reclassification adjustment for gains/losses included in net income	(14)	(69)	(286)	(321)
Net change from available-for-sale investments, net of tax	403	(82)	488	(1,183)
Foreign currency translation adjustment	95	(136)	(79)	(285)
Other Comprehensive Income (Loss)	498	(218)	409	(1,468)
Comprehensive Income (Loss)	148	(1,225)	(3,021)	(3,446)
Less: Comprehensive Income (Loss) Attributable to Non-Controlling Interest	33	(48)	(28)	(100)
Comprehensive Income (Loss) Attributable to U.S. Global Investors, Inc.	$ 115	$ (1,177)	$ (2,993)	$ (3,346)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Cash Flows from Operating Activities:
Net loss	$ (3,453)	$ (1,925)
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	240	246
Net recognized loss on disposal of fixed assets	0	26
Net recognized (gain) loss on securities	2	(483)
Provision for deferred taxes	0	37
Stock bonuses	11	9
Changes in operating assets and liabilities:
Accounts receivable	1,080	570
Prepaid and other assets	2	21
Trading securities	2,505	1,371
Accounts payable and accrued expenses	(378)	(510)
Total adjustments	3,462	1,287
Net cash provided by (used in) operating activities	9	(638)
Cash Flows from Investing Activities:
Purchase of property and equipment	(13)	(40)
Purchase of available-for-sale securities	0	(186)
Purchase of other investments	(750)	(1,000)
Proceeds on sale of available-for-sale securities	1,014	754
Return of capital on investment	32	19
Net cash provided by (used in) investing activities	283	(453)
Cash Flows from Financing Activities:
Issuance of common stock	59	91
Repurchases of common stock	(269)	(266)
Distributions to non-controlling interests in subsidiary	0	(27)
Dividends paid	(460)	(693)
Net cash used in financing activities	(670)	(895)
Effect of exchange rate changes on cash and cash equivalents	(72)	(253)
Net decrease in cash and cash equivalents	(450)	(2,239)
Beginning cash and cash equivalents	3,507	5,910
Ending cash and cash equivalents	3,057	3,671
Supplemental Disclosures of Cash Flow Information
Cash paid for income taxes	$ 0	$ 0

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Mar. 31, 2016
Disclosure Text Block [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 1. BASIS OF PRESENTATION U.S. Global Investors, Inc. (the “Company” or “U.S. Global”) has prepared the consolidated financial statements pursuant to accounting principles generally accepted in the United States of America (“U.S. GAAP”) and the rules and regulations of the United States Securities and Exchange Commission (“SEC”) that permit reduced disclosure for interim periods. The financial information included herein reflects all adjustments (consisting solely of normal recurring adjustments), which are, in management’s opinion, necessary for a fair presentation of results for the interim periods presented. The Company has consistently followed the accounting policies set forth in the notes to the consolidated financial statements in the Company’s Form 10-K for the fiscal year ended June 30, 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 percent interest in Galileo Global Equity Advisor Inc. (“Galileo”). The Company’s wholly-owned subsidiary, USSI, which ceased operations in fiscal year 2014, was legally dissolved in December 2015. U.S. Global Brokerage, Inc. ceased operations in December 2015 as discussed in Note 12. 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 nine months ended March 31, 2016, 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) In November 2015, the FASB issued ASU 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU 2016-02, Leases In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts from Customers - Principal versus Agent Considerations (Reporting Revenue Gross versus Net) In March 2016, the FASB issued ASU 2016-09, Improvements to Employee Share-Based Payment Accounting

INVESTMENTS

INVESTMENTS	9 Months Ended
	Mar. 31, 2016
Disclosure Text Block Supplement [Abstract]
Investments and Other Noncurrent Assets [Text Block]	NOTE 2. INVESTMENTS As of March 31, 2016, the Company held investments with a fair value of approximately $17.1 million and a cost basis of approximately $17.9 million. The fair value of these investments is approximately 64.2 percent of the Company’s total assets. In addition, the Company owned held-to-maturity and other investments of $750,000 and $2.0 million, respectively, accounted for at amortized cost and under the cost method of accounting, respectively. On March 31, 2016, the Company had $14.2 million and $345,000 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. Investments in securities held-to-maturity consist of debt securities, maturing October 2016, that are purchased with the intent and ability to hold until maturity. These investments are accounted for at amortized cost. 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 periodically 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 as a loss in the Company’s 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 March 31, 2016, and June 30, 2015. March 31, 2016 (dollars in thousands) Cost Gains (Losses) Fair Value Trading securities 1 Offshore fund $ 1,184 $ - $ (839 ) $ 345 Mutual funds - Fixed income 12,290 125 (1 ) 12,414 Mutual funds - Domestic equity 535 - (192 ) 343 Other 46 - (46 ) - Total trading securities $ 14,055 $ 125 $ (1,078 ) $ 13,102 Available-for-sale securities 2 Common stock - Domestic $ 109 $ 9 $ - $ 118 Common stock - International 613 57 (50 ) 620 Corporate debt 1,355 152 - 1,507 Mutual funds - Fixed income 1,229 14 (34 ) 1,209 Mutual funds - Domestic equity 394 5 - 399 Other 163 2 (5 ) 160 Total available-for-sale securities 3 $ 3,863 $ 239 $ (89 ) $ 4,013 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 March 31, 2016, are $150 and $150, 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: March 31, 2016 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 $ - $ - $ - $ - $ - $ - Common stock - International 164 (31 ) 27 (19 ) 191 (50 ) Corporate debt - - - - - - Mututal funds - Fixed income 2 - 194 (34 ) 196 (34 ) Mutual funds - Domestic equity - - - - - - Other 101 (5 ) - - 101 (5 ) Total available-for-sale securities $ 267 $ (36 ) $ 221 $ (53 ) $ 488 $ (89 ) 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 ) Mututal 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; • other-than-temporary impairments on held-at-cost securities; and • dividend and interest income. The following summarizes investment income reflected in earnings for the periods discussed: (dollars in thousands) Nine Months Ended March 31, Three Months Ended March 31, Investment Income 2016 2015 2016 2015 Realized gains on sales of available-for-sale securities $ 545 $ 591 $ 14 $ 209 Realized gains (losses) on sales of trading securities (32 ) (3 ) 3 3 Unrealized gains (losses) on trading securities (103 ) (548 ) 30 (21 ) Realized foreign currency gains (losses) 24 82 (28 ) 58 Other-than-temporary declines in available-for-sale securities (259 ) (105 ) - (105 ) Other-than-temporary declines in securities held at cost (258 ) - - - Dividend and interest income 494 505 129 105 Total Investment Income $ 411 $ 522 $ 148 $ 249 Included in investment income were other-than temporary declines in value on available-for-sale securities of approximately $259,000 for the nine months ended March 31, 2016, and $105,000 for the three and nine months ended March 31, 2015. The impairment losses resulted from fair values of securities being lower than book value and from proposed changes to debt securities. For the nine months ending March 31, 2016, there were eight securities with a combined cost basis of $702,000 that were written down to a combined fair value of $466,000. Also during the nine months ended March 31, 2016, another security with a cost basis of $970,000 was written down to $947,000 based on the net present value of estimated cash flows. The impairment losses in the 2015 fiscal year resulted from issuers defaulting on scheduled payments. One security with a cost basis of $44,000 was written down to its fair value of $15,000, and another security with a cost basis of $310,000 was written down to $234,000 based on the net present value of estimated cash flows. In making these determinations, the Company considered the length of time and extent to which the fair value has been less than the cost basis, financial condition and prospects of the issuers, and the Company's ability to hold the investment until recovery. Also included in investment income were other-than-temporary declines in value on securities held at cost of approximately $258,000 for the nine months ended March 31, 2016. The impairment loss resulted from the estimated values of certain securities being lower than cost. Three securities held at cost with a combined cost basis of $1.1 million were written down to a combined adjusted cost basis of $867,000.

FAIR VALUE DISCLOSURES

FAIR VALUE DISCLOSURES	9 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	NOTE 3. FAIR VALUE DISCLOSURES 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 March 31, 2016, and June 30, 2015, for the major categories of U.S. Global’s investments measured at fair value on a recurring basis: March 31, 2016 Quoted Prices Significant Other Inputs Significant Unobservable Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total Trading securities Offshore fund $ - $ 345 $ - $ 345 Mutual funds - Fixed income 12,414 - - 12,414 Mutual funds - Domestic equity 343 - - 343 Other - - - - Total trading securities 12,757 345 - 13,102 Available-for-sale securities Common stock - Domestic 118 - - 118 Common stock - International 620 - - 620 Corporate debt 1,001 294 212 1,507 Mutual funds - Fixed income 1,209 - - 1,209 Mutual funds - Domestic equity 399 - - 399 Other 160 - - 160 Total available-for-sale securities 3,507 294 212 4,013 Total $ 16,264 $ 639 $ 212 $ 17,115 June 30, 2015 Quoted Prices Significant Other Inputs Significant Unobservable Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total 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 March 31, 2016, approximately 95 percent of the Company’s financial assets measured at fair value were derived from Level 1 inputs, four percent of the Company’s financial assets measured at fair value were derived from Level 2 inputs, and the remaining one percent was Level 3 inputs. As of June 30, 2015, approximately 94 percent of the Company’s financial assets measured at fair value were derived from Level 1 inputs, three percent of the Company’s financial assets measured at fair value were derived from Level 2 inputs, and the remaining three percent were Level 3 inputs. The Company recognizes transfers between levels at the end of each quarter. In Level 2, the Company has an investment in an affiliated offshore fund, classified as trading and which invests in companies in the energy and natural resources sectors, with a fair value of $345,000 as of March 31, 2016, based on the net asset value per share. 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 Level 2 investments in corporate debt securities maturing in 2018 which were valued at $294,000 as of March 31, 2016, using the mean between the last reported bid/ask quotation. The Level 3 corporate debt, maturing in 2017, is valued at cost of $212,000 as of March 31, 2016, which approximates fair value as a result of the Company’s review of similar structured issuances in similar jurisdictions. Corporate debt maturing in 2020 which was valued at $1.0 million at March 31, 2016, was transferred during the quarter from Level 3, where it had been valued based on other traded debt from the issuer, to Level 1, as it now also trades on a market. The following table is a reconciliation of investments for which unobservable inputs (Level 3) were used in determining fair value during the nine months ended March 31, 2016, and March 31, 2015: Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis March 31, 2016 March 31, 2015 (dollars in thousands) Corporate Debt Corporate Debt Beginning Balance $ 539 $ 250 Return of capital (13 ) (19 ) Total gains or losses (realized/unrealized) Included in earnings (investment income) (23 ) - Included in other comprehensive income (loss) 710 - Purchases - - Sales - - Transfers into Level 3 - 343 Transfers out of Level 3 (1,001 ) - Ending Balance $ 212 $ 574

INVESTMENT MANAGEMENT AND OTHER

INVESTMENT MANAGEMENT AND OTHER FEES	9 Months Ended
	Mar. 31, 2016
Investment Management And Other Fees [Abstract]
Investment Management And Other Fees [Text Block]	NOTE 4. INVESTMENT MANAGEMENT AND OTHER FEES The Company serves as investment adviser to U.S. Global Investors Funds (“USGIF” or the “Funds”) and receives a fee based on a specified percentage of net assets under management. The Company recorded base advisory fees from USGIF totaling $869,000 and $2.6 million for the three and nine months ended March 31, 2016, respectively, compared with $1.1 million and $4.4 million, respectively, for the corresponding periods in the prior fiscal year. 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 March 31, 2016, the Company realized an increase in its base advisory fee of $58,000. For the nine months ended March 31, 2016, the Company realized a decrease in its base advisory fee of $180,000. For the corresponding periods in fiscal year 2015, base advisory fees were adjusted downward by $281,000 and $710,000, respectively. The Company has agreed to contractually limit the expenses of the Near-Term Tax Free Fund through April 2017. 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 and nine months ended March 31, 2016, were $311,000 and $1.1 million, respectively, compared with $391,000 and $1.0 million, respectively, for the corresponding periods in the prior fiscal year. Prior to the U.S. Government Securities Ultra-Short Bond Fund (“Government Fund”) conversion in December 2013 to a non-money market fund, the Company voluntarily agreed to waive fees and/or reimburse the Government Fund to the extent necessary to maintain the 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, $498,000 of the waiver for the Government Fund is recoverable by the Company through December 31, 2016. The Company receives administrative service fees from USGIF based on the average daily assets. However, effective December 10, 2015, administrative service fees paid to the Company by USGIF changed from an annual rate of 0.10 percent, plus a base fee of $7,000 per fund, to 0.05 percent per investor class and from 0.08 percent to 0.04 percent per institutional class of each fund, based on average daily net assets. The Company no longer receives a flat base fee per fund. As of March 31, 2016, the Company had $395,000 in receivables from USGIF. 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 $74,000 and $217,000 for the three and nine months ended March 31, 2016, respectively. The Company provides advisory services for offshore clients and receives 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 $66,000 for the three and nine months ended March 31, 2016, and $25,000 and $103,000, respectively, for the corresponding periods in the prior fiscal year. Frank Holmes, CEO, serves as a director of the offshore clients. Galileo provides advisory services for clients in Canada and receives advisory fees based on the net asset values of the clients. Galileo recorded advisory fees from these clients totaling $255,000 and $879,000 for the three and nine months ended March 31, 2016, respectively, and $413,000 and $1.6 million, respectively, for the corresponding period in the prior fiscal year.

BORROWINGS

BORROWINGS	9 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	NOTE 5. BORROWINGS As of March 31, 2016, 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 March 31, 2016, this credit facility remained unutilized by the Company.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	9 Months Ended
	Mar. 31, 2016
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	NOTE 6. STOCKHOLDERS’ EQUITY Payment of cash dividends is within the discretion of the Company’s board of directors and is dependent on earnings, operations, capital requirements, general financial condition of the Company, and general business conditions. A monthly dividend of $0.0025 per share is authorized through September 30, 2016, 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, December 10, 2014, and December 9, 2015, the Board of Directors renewed the repurchase program for calendar years 2014, 2015 and 2016, respectively. The total amount of shares that may be repurchased in 2016 under the renewed program is $2.75 million. The acquired shares may be used for corporate purposes, including shares issued to employees in the Company’s stock-based compensation programs. For the three and nine months ended March 31, 2016, the Company repurchased 19,277 and 152,505 class A shares using cash of $26,000 and $269,000, respectively. For the three and nine months ended March 31, 2015, the Company repurchased 19,245 and 86,250 class A shares using cash of $60,000 and $266,000, 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. There were 2,000 options outstanding and exercisable at March 31, 2016, at a weighted average exercise price of $12.31. No options were granted or exercised during the nine months ended March 31, 2016. There were 20,000 options forfeited during the three months ended March 31, 2016. The Company accounts for stock-based compensation in accordance with ASC 718 Compensation – Stock Compensation

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	NOTE 7. EARNINGS PER SHARE The basic earnings per share (“EPS”) calculation excludes dilution and is computed by dividing net income by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution of EPS that could occur if options to issue common stock were exercised. The following table sets forth the computation for basic and diluted EPS: Nine Months Ended March 31, Three Months Ended March 31, (dollars in thousands, except per share data) 2016 2015 2016 2015 Net Loss Loss from continuing operations $ (3,435 ) $ (1,837 ) $ (376 ) $ (948 ) Less: Income (loss) attributable to non-controlling interest in subsidiary (23 ) 53 (26 ) 13 Loss from continuing operations attributable to U.S. Global Investors, Inc. (3,412 ) (1,890 ) (350 ) (961 ) Loss from discontinued operations attributable to U.S. Global Investors, Inc. (18 ) (88 ) - (46 ) Net loss attributable to U.S. Global Investors, Inc. $ (3,430 ) $ (1,978 ) $ (350 ) $ (1,007 ) Weighted average number of outstanding shares Basic 15,306,676 15,406,189 15,277,098 15,379,365 Effect of dilutive securities Employee stock options - - - - Diluted 15,306,676 15,406,189 15,277,098 15,379,365 Net loss per share attributable to U.S. Global Investors, Inc. Basic Loss from continuing operations $ (0.22 ) $ (0.12 ) $ (0.02 ) $ (0.06 ) Loss from discontinued operations - (0.01 ) - (0.01 ) Net loss attributable to U.S. Global Investors, Inc. $ (0.22 ) $ (0.13 ) $ (0.02 ) $ (0.07 ) Diluted Loss from continuing operations $ (0.22 ) $ (0.12 ) $ (0.02 ) $ (0.06 ) Loss from discontinued operations - (0.01 ) - (0.01 ) Net loss attributable to U.S. Global Investors, Inc. $ (0.22 ) $ (0.13 ) $ (0.02 ) $ (0.07 ) The diluted EPS calculation excludes the effect of stock options when their exercise prices exceed the average market price for the period. For the three and nine months ended March 31, 2016, 2,000 options were excluded from diluted EPS. For the three and nine months ended March 31, 2015, 22,000 options were excluded from diluted EPS. During the three and nine months ended March 31, 2016, and March 31, 2015, 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	9 Months Ended
	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	NOTE 8. INCOME TAXES 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 net operating loss carryovers. The Company has not recognized deferred income taxes on undistributed earnings of USCAN and Galileo since such earnings are considered to be reinvested indefinitely. At March 31, 2016, the Company had a full valuation allowance recorded against the short-term and long-term deferred tax assets. For federal income tax purposes at March 31, 2016, the Company has charitable contribution carryovers totaling approximately $125,000, with $68,000 expiring in fiscal year 2018, $34,000 expiring in fiscal year 2019, $19,000 expiring in fiscal year 2020 and $4,000 expiring in 2021. The Company has federal net operating loss carryovers of $5.5 million with $2.7 million expiring in fiscal year 2035 and $2.8 million expiring in fiscal year 2036. For Canadian income tax purposes, Galileo has cumulative eligible capital carryovers of $273,000 with no expiration and net operating loss carryovers of $66,000, $120,000, $45,000, and $84,000 expiring in fiscal 2025, 2027, 2030 and 2031, 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 March 31, 2016, and June 30, 2015, a valuation allowance of $3.1 million and $2.1 million, 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 )	9 Months Ended
	Mar. 31, 2016
Disclosure Text Block [Abstract]
Comprehensive Income (Loss) Note [Text Block]	NOTE 9. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) 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 Nine Months Ended March 31, 2016 Balance at June 30, 2015 $ (339 ) $ (144 ) $ (483 ) Other comprehensive income (loss) before reclassifications 774 (50 ) 724 Tax effect - - - Amount reclassified from AOCI (286 ) - (286 ) Tax effect - - - Net other comprehensive income (loss) for nine months ended March 31, 2016 488 (50 ) 438 Balance at March 31, 2016 $ 149 $ (194 ) $ (45 ) Three Months Ended March 31, 2016 Balance at December 31, 2015 $ (254 ) $ (257 ) $ (511 ) Other comprehensive income before reclassifications 417 63 480 Tax effect - - - Amount reclassified from AOCI (14 ) - (14 ) Tax effect - - - Net other comprehensive income for quarter 403 63 466 Balance at March 31, 2016 $ 149 $ (194 ) $ (45 ) (dollars in thousands) Unrealized gains (losses) on available-for-sale investments 1 Foreign currency adjustment Total Nine Months Ended March 31, 2015 Balance at June 30, 2014 $ 888 $ 18 $ 906 Other comprehensive loss before reclassifications (1,306 ) (185 ) (1,491 ) Tax effect 444 - 444 Amount reclassified from AOCI (486 ) - (486 ) Tax effect 165 - 165 Net other comprehensive loss for nine months ended March 31, 2015 (1,183 ) (185 ) (1,368 ) Balance at March 31, 2015 $ (295 ) $ (167 ) $ (462 ) Three Months Ended March 31, 2015 Balance at December 31, 2014 $ (213 ) $ (78 ) $ (291 ) Other comprehensive loss before reclassifications (20 ) (89 ) (109 ) Tax effect 7 - 7 Amount reclassified from AOCI (105 ) - (105 ) Tax effect 36 - 36 Net other comprehensive loss for quarter (82 ) (89 ) (171 ) Balance at March 31, 2015 $ (295 ) $ (167 ) $ (462 ) 1

FINANCIAL INFORMATION BY BUSINE

FINANCIAL INFORMATION BY BUSINESS SEGMENT	9 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	NOTE 10. FINANCIAL INFORMATION BY BUSINESS SEGMENT 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 Nine months ended March 31, 2016 Net operating revenues $ 2,990 1 $ 879 2 $ - $ 3,869 Net other income $ - $ - $ 411 $ 411 Income (loss) from continuing operations before income taxes $ (3,727 ) $ (130 ) $ 417 $ (3,440 ) Loss from discontinued operations $ (18 ) $ - $ - $ (18 ) Depreciation and amortization $ 192 $ 48 $ - $ 240 Capital expenditures $ 13 $ - $ - $ 13 Gross identifiable assets at March 31, 2016 $ 4,652 $ 1,664 $ 20,363 $ 26,679 Deferred tax asset $ - Consolidated total assets at March 31, 2016 $ 26,679 Nine months ended March 31, 2015 Net operating revenues $ 4,281 1 $ 1,594 2 $ - $ 5,875 Net other income $ - $ - $ 522 $ 522 Income (loss) from continuing operations before income taxes $ (2,333 ) $ 3 $ 515 $ (1,815 ) Loss from discontinued operations $ (88 ) $ - $ - $ (88 ) Depreciation and amortization $ 190 $ 56 $ - $ 246 Capital expenditures $ 40 $ - $ - $ 40 Three months ended March 31, 2016 Net operating revenues $ 1,075 3 $ 255 4 $ - $ 1,330 Net other income $ - $ - $ 148 $ 148 Income (loss) from continuing operations before income taxes $ (511 ) $ (41 ) $ 160 $ (392 ) Loss from discontinued operations $ - $ - $ - $ - Depreciation and amortization $ 64 $ 16 $ - $ 80 Capital expenditures $ - $ - $ - $ - Three months ended March 31, 2015 Net operating revenues $ 976 3 $ 413 4 $ - $ 1,389 Net other income $ - $ - $ 249 $ 249 Income (loss) from continuing operations before income taxes $ (1,128 ) $ (39 ) $ 245 $ (922 ) Loss from discontinued operations $ (46 ) $ - $ - $ (46 ) Depreciation and amortization $ 63 $ 18 $ - $ 81 Capital expenditures $ - $ - $ - $ - 1 Includes operating revenues from USGIF of $2,707 and $4,178 for the nine months ended March 31, 2016, and March 31, 2015, respectively. 2 Includes operating revenues from Galileo mutual funds of $689 and $1,307 for the nine months ended March 31, 2016, and March 31, 2015, respectively. 3 Includes operating revenues from USGIF of $977 and $952 for the three months ended March 31, 2016, and March 31, 2015, respectively. 4 Includes operating revenues from Galileo mutual funds of $193 and $332 for the three months ended March 31, 2016, and March 31, 2015, respectively.

CONTINGENCIES AND COMMITMENTS

CONTINGENCIES AND COMMITMENTS	9 Months Ended
	Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 11. CONTINGENCIES AND COMMITMENTS The Company continuously reviews all investor, employee and vendor complaints, and pending or threatened litigation. The likelihood that a loss contingency exists is evaluated through consultation with legal counsel, and a loss contingency is recorded if probable and reasonably estimable. During the normal course of business, the Company may be subject to claims, legal proceedings, and other contingencies. These matters are subject to various uncertainties, and it is possible that some of these matters may be resolved unfavorably. The Company establishes accruals for matters for which the outcome is probable and can be reasonably estimated. Management believes that any liability in excess of these accruals upon the ultimate resolution of these matters will not have a material adverse effect on the consolidated financial statements of the Company. The Board has authorized a monthly dividend of $0.0025 per share through September 30, 2016, at which time it will be considered for continuation by the Board. Payment of cash dividends is within the discretion of the Company’s Board of Directors and is dependent on earnings, operations, capital requirements, general financial condition of the Company, and general business conditions. The total amount of cash dividends expected to be paid to class A and class C shareholders from April to September 2016 is approximately $230,000.

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS	9 Months Ended
	Mar. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	NOTE 12. DISCONTINUED OPERATIONS In December 2015, USGIF elected a new slate of trustees to the Board of Trustees of the Funds. The Company proposed the election of new trustees with the intention of streamlining the Company’s responsibilities, so it can better focus on strategic activities. The new Board of Trustees of USGIF adopted several new agreements. As anticipated, effective December 10, 2015, the Company, through its wholly-owned subsidiary, U.S. Global Brokerage, Inc., ceased to be the distributor for USGIF and no longer receives distribution fees and shareholder services fees from USGIF. Due to this transition, the Company is no longer responsible for paying certain distribution and shareholder servicing related expenses and will be reimbursed for certain distribution expenses from the new distributor for USGIF. As a result of this change, the Company filed Form BDW, the Uniform Request Withdrawal From Broker-Dealer Registration, with FINRA, which was approved in February 2016. This constitutes a strategic shift that has started to have, and will continue to have, a major effect on the Company’s operating revenues and expenses. The distribution and shareholder services revenues and the expenses associated with certain distribution operations for USGIF are reflected as discontinued operations in the statement of operations and are, therefore, excluded from continuing operations results. Comparative periods shown in the Statement of Operations have been adjusted to conform with this presentation. These revenues and expenses were included in the investment management services segment in previous reporting periods. The discontinued operations did not have depreciation, amortization, capital expenditures or significant non-cash operating and investing items. The assets and liabilities related to distribution discontinued operations are as follows at March 31, 2016, and June 30, 2015: (dollars in thousands) March 31, 2016 June 30, 2015 Assets Receivables $ - $ 184 Total assets held related to discontinued operations $ - $ 184 Liabilities Accounts payable $ - $ 5 Other accrued expenses - 129 Total liabilities held related to discontinued operations $ - $ 134 The components of income from discontinued operations were as follows for the three and nine months ended March 31, 2016, and 2015: Nine Months Ended March 31, Three Months Ended March 31, (dollars in thousands) 2016 2015 2016 2015 Revenues Distribution fees $ 425 $ 1,118 $ - $ 299 Shareholder services fees 183 507 - 143 608 1,625 - 442 Expenses Employee compensation and benefits 188 411 - 120 General and administrative 77 135 - 47 Platform fees 347 963 - 269 Advertising 14 205 - 53 626 1,714 - 489 Loss from Discontinued Operations Before Income Taxes (18 ) (89 ) - (47 ) Tax expense (benefit) - (1 ) - (1 ) Loss from Discontinued Operations $ (18 ) $ (88 ) $ - $ (46 ) Through December 9, 2015, USGIF paid 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. Effective December 10, 2015, the Company, through U.S. Global Brokerage, Inc., ceased to be the distributor for USGIF and no longer receives distribution fees directly from the Funds. In addition, through December 9, 2015, the Company received shareholder servicing fees from USGIF based on the value of Fund assets held through broker-dealer platforms. Effective December 10, 2015, the Company ceased to be the distributor for USGIF and no longer receives shareholder services fees from the Funds. Due to this transition, the Company is no longer responsible for paying the platform fees for the USGIF equity funds and will be reimbursed for certain distribution expenses from the new distributor for USGIF.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	9 Months Ended
	Mar. 31, 2016
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 percent interest in Galileo Global Equity Advisor Inc. (“Galileo”). The Company’s wholly-owned subsidiary, USSI, which ceased operations in fiscal year 2014, was legally dissolved in December 2015. U.S. Global Brokerage, Inc. ceased operations in December 2015 as discussed in Note 12. 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 nine months ended March 31, 2016, 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) In November 2015, the FASB issued ASU 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities In February 2016, the FASB issued ASU 2016-02, Leases In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts from Customers - Principal versus Agent Considerations (Reporting Revenue Gross versus Net) In March 2016, the FASB issued ASU 2016-09, Improvements to Employee Share-Based Payment Accounting

INVESTMENTS (Tables)

INVESTMENTS (Tables)	9 Months Ended
	Mar. 31, 2016
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 March 31, 2016, and June 30, 2015. March 31, 2016 (dollars in thousands) Cost Gains (Losses) Fair Value Trading securities 1 Offshore fund $ 1,184 $ - $ (839 ) $ 345 Mutual funds - Fixed income 12,290 125 (1 ) 12,414 Mutual funds - Domestic equity 535 - (192 ) 343 Other 46 - (46 ) - Total trading securities $ 14,055 $ 125 $ (1,078 ) $ 13,102 Available-for-sale securities 2 Common stock - Domestic $ 109 $ 9 $ - $ 118 Common stock - International 613 57 (50 ) 620 Corporate debt 1,355 152 - 1,507 Mutual funds - Fixed income 1,229 14 (34 ) 1,209 Mutual funds - Domestic equity 394 5 - 399 Other 163 2 (5 ) 160 Total available-for-sale securities 3 $ 3,863 $ 239 $ (89 ) $ 4,013 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
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: March 31, 2016 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 $ - $ - $ - $ - $ - $ - Common stock - International 164 (31 ) 27 (19 ) 191 (50 ) Corporate debt - - - - - - Mututal funds - Fixed income 2 - 194 (34 ) 196 (34 ) Mutual funds - Domestic equity - - - - - - Other 101 (5 ) - - 101 (5 ) Total available-for-sale securities $ 267 $ (36 ) $ 221 $ (53 ) $ 488 $ (89 ) 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 ) Mututal 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: (dollars in thousands) Nine Months Ended March 31, Three Months Ended March 31, Investment Income 2016 2015 2016 2015 Realized gains on sales of available-for-sale securities $ 545 $ 591 $ 14 $ 209 Realized gains (losses) on sales of trading securities (32 ) (3 ) 3 3 Unrealized gains (losses) on trading securities (103 ) (548 ) 30 (21 ) Realized foreign currency gains (losses) 24 82 (28 ) 58 Other-than-temporary declines in available-for-sale securities (259 ) (105 ) - (105 ) Other-than-temporary declines in securities held at cost (258 ) - - - Dividend and interest income 494 505 129 105 Total Investment Income $ 411 $ 522 $ 148 $ 249

FAIR VALUE DISCLOSURES (Tables)

FAIR VALUE DISCLOSURES (Tables)	9 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	The following presents fair value measurements, as of March 31, 2016, and June 30, 2015, for the major categories of U.S. Global’s investments measured at fair value on a recurring basis: March 31, 2016 Quoted Prices Significant Other Inputs Significant Unobservable Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total Trading securities Offshore fund $ - $ 345 $ - $ 345 Mutual funds - Fixed income 12,414 - - 12,414 Mutual funds - Domestic equity 343 - - 343 Other - - - - Total trading securities 12,757 345 - 13,102 Available-for-sale securities Common stock - Domestic 118 - - 118 Common stock - International 620 - - 620 Corporate debt 1,001 294 212 1,507 Mutual funds - Fixed income 1,209 - - 1,209 Mutual funds - Domestic equity 399 - - 399 Other 160 - - 160 Total available-for-sale securities 3,507 294 212 4,013 Total $ 16,264 $ 639 $ 212 $ 17,115 June 30, 2015 Quoted Prices Significant Other Inputs Significant Unobservable Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total 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 nine months ended March 31, 2016, and March 31, 2015: Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis March 31, 2016 March 31, 2015 (dollars in thousands) Corporate Debt Corporate Debt Beginning Balance $ 539 $ 250 Return of capital (13 ) (19 ) Total gains or losses (realized/unrealized) Included in earnings (investment income) (23 ) - Included in other comprehensive income (loss) 710 - Purchases - - Sales - - Transfers into Level 3 - 343 Transfers out of Level 3 (1,001 ) - Ending Balance $ 212 $ 574

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Mar. 31, 2016
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: Nine Months Ended March 31, Three Months Ended March 31, (dollars in thousands, except per share data) 2016 2015 2016 2015 Net Loss Loss from continuing operations $ (3,435 ) $ (1,837 ) $ (376 ) $ (948 ) Less: Income (loss) attributable to non-controlling interest in subsidiary (23 ) 53 (26 ) 13 Loss from continuing operations attributable to U.S. Global Investors, Inc. (3,412 ) (1,890 ) (350 ) (961 ) Loss from discontinued operations attributable to U.S. Global Investors, Inc. (18 ) (88 ) - (46 ) Net loss attributable to U.S. Global Investors, Inc. $ (3,430 ) $ (1,978 ) $ (350 ) $ (1,007 ) Weighted average number of outstanding shares Basic 15,306,676 15,406,189 15,277,098 15,379,365 Effect of dilutive securities Employee stock options - - - - Diluted 15,306,676 15,406,189 15,277,098 15,379,365 Net loss per share attributable to U.S. Global Investors, Inc. Basic Loss from continuing operations $ (0.22 ) $ (0.12 ) $ (0.02 ) $ (0.06 ) Loss from discontinued operations - (0.01 ) - (0.01 ) Net loss attributable to U.S. Global Investors, Inc. $ (0.22 ) $ (0.13 ) $ (0.02 ) $ (0.07 ) Diluted Loss from continuing operations $ (0.22 ) $ (0.12 ) $ (0.02 ) $ (0.06 ) Loss from discontinued operations - (0.01 ) - (0.01 ) Net loss attributable to U.S. Global Investors, Inc. $ (0.22 ) $ (0.13 ) $ (0.02 ) $ (0.07 )

ACCUMULATED OTHER COMPREHENSI23

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS ) (Tables)	9 Months Ended
	Mar. 31, 2016
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 Nine Months Ended March 31, 2016 Balance at June 30, 2015 $ (339 ) $ (144 ) $ (483 ) Other comprehensive income (loss) before reclassifications 774 (50 ) 724 Tax effect - - - Amount reclassified from AOCI (286 ) - (286 ) Tax effect - - - Net other comprehensive income (loss) for nine months ended March 31, 2016 488 (50 ) 438 Balance at March 31, 2016 $ 149 $ (194 ) $ (45 ) Three Months Ended March 31, 2016 Balance at December 31, 2015 $ (254 ) $ (257 ) $ (511 ) Other comprehensive income before reclassifications 417 63 480 Tax effect - - - Amount reclassified from AOCI (14 ) - (14 ) Tax effect - - - Net other comprehensive income for quarter 403 63 466 Balance at March 31, 2016 $ 149 $ (194 ) $ (45 ) (dollars in thousands) Unrealized gains (losses) on available-for-sale investments 1 Foreign currency adjustment Total Nine Months Ended March 31, 2015 Balance at June 30, 2014 $ 888 $ 18 $ 906 Other comprehensive loss before reclassifications (1,306 ) (185 ) (1,491 ) Tax effect 444 - 444 Amount reclassified from AOCI (486 ) - (486 ) Tax effect 165 - 165 Net other comprehensive loss for nine months ended March 31, 2015 (1,183 ) (185 ) (1,368 ) Balance at March 31, 2015 $ (295 ) $ (167 ) $ (462 ) Three Months Ended March 31, 2015 Balance at December 31, 2014 $ (213 ) $ (78 ) $ (291 ) Other comprehensive loss before reclassifications (20 ) (89 ) (109 ) Tax effect 7 - 7 Amount reclassified from AOCI (105 ) - (105 ) Tax effect 36 - 36 Net other comprehensive loss for quarter (82 ) (89 ) (171 ) Balance at March 31, 2015 $ (295 ) $ (167 ) $ (462 )

FINANCIAL INFORMATION BY BUSI24

FINANCIAL INFORMATION BY BUSINESS SEGMENT (Tables)	9 Months Ended
	Mar. 31, 2016
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 Nine months ended March 31, 2016 Net operating revenues $ 2,990 1 $ 879 2 $ - $ 3,869 Net other income $ - $ - $ 411 $ 411 Income (loss) from continuing operations before income taxes $ (3,727 ) $ (130 ) $ 417 $ (3,440 ) Loss from discontinued operations $ (18 ) $ - $ - $ (18 ) Depreciation and amortization $ 192 $ 48 $ - $ 240 Capital expenditures $ 13 $ - $ - $ 13 Gross identifiable assets at March 31, 2016 $ 4,652 $ 1,664 $ 20,363 $ 26,679 Deferred tax asset $ - Consolidated total assets at March 31, 2016 $ 26,679 Nine months ended March 31, 2015 Net operating revenues $ 4,281 1 $ 1,594 2 $ - $ 5,875 Net other income $ - $ - $ 522 $ 522 Income (loss) from continuing operations before income taxes $ (2,333 ) $ 3 $ 515 $ (1,815 ) Loss from discontinued operations $ (88 ) $ - $ - $ (88 ) Depreciation and amortization $ 190 $ 56 $ - $ 246 Capital expenditures $ 40 $ - $ - $ 40 Three months ended March 31, 2016 Net operating revenues $ 1,075 3 $ 255 4 $ - $ 1,330 Net other income $ - $ - $ 148 $ 148 Income (loss) from continuing operations before income taxes $ (511 ) $ (41 ) $ 160 $ (392 ) Loss from discontinued operations $ - $ - $ - $ - Depreciation and amortization $ 64 $ 16 $ - $ 80 Capital expenditures $ - $ - $ - $ - Three months ended March 31, 2015 Net operating revenues $ 976 3 $ 413 4 $ - $ 1,389 Net other income $ - $ - $ 249 $ 249 Income (loss) from continuing operations before income taxes $ (1,128 ) $ (39 ) $ 245 $ (922 ) Loss from discontinued operations $ (46 ) $ - $ - $ (46 ) Depreciation and amortization $ 63 $ 18 $ - $ 81 Capital expenditures $ - $ - $ - $ -

DISCONTINUED OPERATIONS (Tables

DISCONTINUED OPERATIONS (Tables) - U.S. Global Investors Funds [Member]	9 Months Ended
	Mar. 31, 2016
Balance Sheet [Member]
DISCONTINUED OPERATIONS (Tables) [Line Items]
Disposal Groups, Including Discontinued Operations [Table Text Block]	The assets and liabilities related to distribution discontinued operations are as follows at March 31, 2016, and June 30, 2015: (dollars in thousands) March 31, 2016 June 30, 2015 Assets Receivables $ - $ 184 Total assets held related to discontinued operations $ - $ 184 Liabilities Accounts payable $ - $ 5 Other accrued expenses - 129 Total liabilities held related to discontinued operations $ - $ 134
Components in Income [Member]
DISCONTINUED OPERATIONS (Tables) [Line Items]
Disposal Groups, Including Discontinued Operations [Table Text Block]	The components of income from discontinued operations were as follows for the three and nine months ended March 31, 2016, and 2015: Nine Months Ended March 31, Three Months Ended March 31, (dollars in thousands) 2016 2015 2016 2015 Revenues Distribution fees $ 425 $ 1,118 $ - $ 299 Shareholder services fees 183 507 - 143 608 1,625 - 442 Expenses Employee compensation and benefits 188 411 - 120 General and administrative 77 135 - 47 Platform fees 347 963 - 269 Advertising 14 205 - 53 626 1,714 - 489 Loss from Discontinued Operations Before Income Taxes (18 ) (89 ) - (47 ) Tax expense (benefit) - (1 ) - (1 ) Loss from Discontinued Operations $ (18 ) $ (88 ) $ - $ (46 )

BASIS OF PRESENTATION (Details)

BASIS OF PRESENTATION (Details)	9 Months Ended
	Mar. 31, 2016
Galileo Global Equity Advisors Inc. [Member]
BASIS OF PRESENTATION (Details) [Line Items]
Ownership in subsidiary	65.00%

INVESTMENTS (Details)

INVESTMENTS (Details)	3 Months Ended		9 Months Ended
	Mar. 31, 2016USD ($)	Mar. 31, 2015USD ($)	Mar. 31, 2016USD ($)	Mar. 31, 2015USD ($)	Jun. 30, 2015USD ($)
INVESTMENTS (Details) [Line Items]
Fair value of investments held	$ 17,100,000		$ 17,100,000
Cost basis of investments held	$ 17,900,000		$ 17,900,000
Value of Fair Value Investments to Company Assets	64.20%		64.20%
Held-to-maturity Securities	$ 750,000		$ 750,000
Other investments	2,025,000		2,025,000		$ 2,303,000
Available-for-sale, net unrealized gain (loss), gross	150,000		150,000		(339,000)
Available-for-sale, net unrealized gain (loss), net of tax	150,000		150,000		$ (339,000)
Other-than-temporary impairments	0	$ 105,000	259,000	$ 105,000
Cost-method Investments, Other than Temporary Impairment	0	$ 0	258,000	$ 0
U.S. Global Investors Funds [Member]
INVESTMENTS (Details) [Line Items]
Fair value of investments held	14,200,000		14,200,000
Offshore Fund [Member]
INVESTMENTS (Details) [Line Items]
Fair value of investments held	$ 345,000		$ 345,000
Impaired Securities [Member] | Corporate Securities [Member]
INVESTMENTS (Details) [Line Items]
Number of positions, subject to impairment loss			8	1
Available-for-Sale Securities, Combined Cost Basis of Impaired Securities			$ 702,000	$ 44,000
Available-for-Sale Securities, Combined Fair Value of Impaired Securities			$ 466,000	15,000
Number of Impaired Securities Held at Cost	3		3
Cost Method Investments, Original Cost	$ 1,100,000		$ 1,100,000
Cost Method Investments	$ 867,000		867,000
Impaired Securities, Net Present Value of Estimated Cash Flows [Member] | Corporate Securities [Member]
INVESTMENTS (Details) [Line Items]
Available-for-Sale Securities, Combined Cost Basis of Impaired Securities			970,000	310,000
Available-for-Sale Securities, Combined Fair Value of Impaired Securities			$ 947,000	$ 234,000

INVESTMENTS (Details) - Compone

INVESTMENTS (Details) - Components of Company's Trading and Available-for-Sale Investments - USD ($) $ in Thousands		Mar. 31, 2016	Jun. 30, 2015
Trading securities1
Trading, cost	[1]	$ 14,055	$ 16,491
Trading, gross unrealized gain	[1]	125	68
Trading, gross unrealized (loss)	[1]	(1,078)	(919)
Trading securities, at fair value	[1]	13,102	15,640
Available-for-sale securities2
Available -for-sale, cost	[2],[3]	3,863	4,602
Available -for-sale, gross unrealized gain	[2],[3]	239	635
Available -for-sale, gross unrealized (loss)	[2],[3]	(89)	(974)
Available -for-sale, fair value	[2],[3]	4,013	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]	(839)	(703)
Trading securities, at fair value	[1]	345	481
Fixed Income Securities [Member]
Trading securities1
Trading, cost	[1]	12,290	14,691
Trading, gross unrealized gain	[1]	125	68
Trading, gross unrealized (loss)	[1]	(1)	(5)
Trading securities, at fair value	[1]	12,414	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]	(34)	(22)
Available -for-sale, fair value	[3]	1,209	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]	(192)	(130)
Trading securities, at fair value	[1]	343	405
Available-for-sale securities2
Available -for-sale, cost	[3]	394	543
Available -for-sale, gross unrealized gain	[3]	5	0
Available -for-sale, gross unrealized (loss)	[3]	0	(80)
Available -for-sale, fair value	[3]	399	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]	163	169
Available -for-sale, gross unrealized gain	[3]	2	1
Available -for-sale, gross unrealized (loss)	[3]	(5)	(7)
Available -for-sale, fair value	[3]	160	163
Common Stock - Domestic [Member]
Available-for-sale securities2
Available -for-sale, cost	[3]	109	535
Available -for-sale, gross unrealized gain	[3]	$ 9	316
Available -for-sale, gross unrealized (loss)	[3]		(9)
Available -for-sale, fair value	[3]	$ 118	842
Common Stock - International [Member]
Available-for-sale securities2
Available -for-sale, cost	[3]	613	695
Available -for-sale, gross unrealized gain	[3]	57	309
Available -for-sale, gross unrealized (loss)	[3]	(50)	(39)
Available -for-sale, fair value	[3]	620	965
Corporate Debt Securities [Member]
Available-for-sale securities2
Available -for-sale, cost		1,355	1,433	[3]
Available -for-sale, gross unrealized gain		152	0	[3]
Available -for-sale, gross unrealized (loss)		0	(817)	[3]
Available -for-sale, fair value		$ 1,507	$ 616	[3]
[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 March 31, 2016, are $150 and $150, 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	Mar. 31, 2016	Jun. 30, 2015
Available-for-sale securities
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	$ 267	$ 1,219
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	(36)	(941)
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, fair value	221	285
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, gross unrealized loss	(53)	(33)
Available-for-sale securities, continuous unrealized loss position, fair value, total	488	1,504
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	(89)	(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	0	107
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, gross unrealized loss	0	(2)
Available-for-sale securities, continuous unrealized loss position, fair value, total	0	184
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	0	(9)
Common Stock - International [Member]
Available-for-sale securities
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	164	114
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	(31)	(23)
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, fair value	27	39
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, gross unrealized loss	(19)	(16)
Available-for-sale securities, continuous unrealized loss position, fair value, total	191	153
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	(50)	(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	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	0	386
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	0	(817)
Fixed Income Securities [Member]
Available-for-sale securities
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	2	67
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	194	139
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, gross unrealized loss	(34)	(15)
Available-for-sale securities, continuous unrealized loss position, fair value, total	196	206
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	(34)	(22)
Mutual Funds, Domestic Equity [Member]
Available-for-sale securities
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	0	463
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	0	(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	0	463
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	0	(80)
Other Securities [Member]
Available-for-sale securities
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	101	112
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	(5)	(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	101	112
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	$ (5)	$ (7)

INVESTMENTS (Details) - Investm

INVESTMENTS (Details) - Investment Income (Loss) Reflected in Earnings - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Investments Debt And Equity Securities Abstract
Realized gains on sales of available-for-sale securities	$ 14	$ 209	$ 545	$ 591
Realized gains (losses) on sales of trading securities	3	3	(32)	(3)
Unrealized gains (losses) on trading securities	30	(21)	(103)	(548)
Realized foreign currency gains (losses)	(28)	58	24	82
Other-than-temporary declines in available-for-sale securities	0	(105)	(259)	(105)
Other-than-temporary declines in securities held at cost	0	0	(258)	0
Dividend and interest income	129	105	494	505
Total Investment Income	$ 148	$ 249	$ 411	$ 522

FAIR VALUE DISCLOSURES (Details

FAIR VALUE DISCLOSURES (Details) - USD ($)		9 Months Ended
		Mar. 31, 2016	Mar. 31, 2015	Jun. 30, 2015
FAIR VALUE DISCLOSURES (Details) [Line Items]
Trading, fair value (in Dollars)	[1]	$ 13,102,000		$ 15,640,000
Available-for-sale Securities, Noncurrent (in Dollars)	[2],[3]	4,013,000		4,263,000
Corporate Debt Securities [Member]
FAIR VALUE DISCLOSURES (Details) [Line Items]
Available-for-sale Securities, Noncurrent (in Dollars)		1,507,000		$ 616,000	[3]
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers out of Level 3 (in Dollars)		$ 1,001,000	$ 0
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		4.00%		3.00%
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)		$ 294,000
Fair Value, Inputs, Level 2 [Member] | Offshore Fund [Member] | Trading Securities [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 2 [Member] | Offshore Fund [Member] | Energy And Natural Resource Sectors [Member] | Trading Securities [Member]
FAIR VALUE DISCLOSURES (Details) [Line Items]
Trading, fair value (in Dollars)		$ 345,000
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		1.00%		3.00%
Fair Value, Inputs, Level 3 [Member] | Corporate Debt Securities [Member]
FAIR VALUE DISCLOSURES (Details) [Line Items]
Available-for-sale Securities, Noncurrent (in Dollars)		$ 212,000
[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 March 31, 2016, are $150 and $150, 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) - Fair Value Measurments on Recurring Basis - USD ($)		Mar. 31, 2016	Jun. 30, 2015
Trading securities
Trading securities, at fair value	[1]	$ 13,102,000	$ 15,640,000
Available-for-sale securities
Available-for-sale, fair value	[2],[3]	4,013,000	4,263,000
Total Investments Measured at Fair Value on a Recurring Basis		17,100,000
Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		13,102,000	15,640,000
Available-for-sale securities
Available-for-sale, fair value		4,013,000	4,263,000
Total Investments Measured at Fair Value on a Recurring Basis		17,115,000	19,903,000
Offshore Fund [Member]
Trading securities
Trading securities, at fair value	[1]	345,000	481,000
Offshore Fund [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		345,000	481,000
Fixed Income Securities [Member]
Trading securities
Trading securities, at fair value	[1]	12,414,000	14,754,000
Available-for-sale securities
Available-for-sale, fair value	[3]	1,209,000	1,214,000
Fixed Income Securities [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		12,414,000	14,754,000
Available-for-sale securities
Available-for-sale, fair value		1,209,000	1,214,000
Mutual Funds, Domestic Equity [Member]
Trading securities
Trading securities, at fair value	[1]	343,000	405,000
Available-for-sale securities
Available-for-sale, fair value	[3]	399,000	463,000
Mutual Funds, Domestic Equity [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		343,000	405,000
Available-for-sale securities
Available-for-sale, fair value		399,000	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]	160,000	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		160,000	163,000
Common Stock - Domestic [Member]
Available-for-sale securities
Available-for-sale, fair value	[3]	118,000	842,000
Common Stock - Domestic [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities
Available-for-sale, fair value		118,000	842,000
Common Stock - International [Member]
Available-for-sale securities
Available-for-sale, fair value	[3]	620,000	965,000
Common Stock - International [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities
Available-for-sale, fair value		620,000	965,000
Corporate Debt Securities [Member]
Available-for-sale securities
Available-for-sale, fair value		1,507,000	616,000	[3]
Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities
Available-for-sale, fair value		1,507,000	616,000
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		12,757,000	15,159,000
Available-for-sale securities
Available-for-sale, fair value		3,507,000	3,647,000
Total Investments Measured at Fair Value on a Recurring Basis		16,264,000	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		12,414,000	14,754,000
Available-for-sale securities
Available-for-sale, fair value		1,209,000	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		343,000	405,000
Available-for-sale securities
Available-for-sale, fair value		399,000	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		160,000	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		118,000	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		620,000	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		1,001,000	0
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		345,000	481,000
Available-for-sale securities
Available-for-sale, fair value		294,000	77,000
Total Investments Measured at Fair Value on a Recurring Basis		639,000	558,000
Fair Value, Inputs, Level 2 [Member] | Offshore Fund [Member] | Fair Value, Measurements, Recurring [Member]
Trading securities
Trading securities, at fair value		345,000	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		0	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		294,000	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		212,000	539,000
Total Investments Measured at Fair Value on a Recurring Basis		212,000	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]
Available-for-sale securities
Available-for-sale, fair value		212,000
Fair Value, Inputs, Level 3 [Member] | Corporate Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Available-for-sale securities
Available-for-sale, fair value		$ 212,000	$ 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 March 31, 2016, are $150 and $150, 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 (Detai33

FAIR VALUE DISCLOSURES (Details) - Summary of Investments Measured at Fair Value on a Recurring Basis - Corporate Debt Securities [Member] - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	$ 539	$ 250
Return of capital	(13)	(19)
Total gains or losses (realized/unrealized)
Included in earnings (investment income)	(23)	0
Included in other comprehensive income (loss)	710	0
Purchases	0	0
Sales	0	0
Transfers into Level 3	0	343
Transfers out of Level 3	(1,001)	0
Ending Balance	$ 212	$ 574

INVESTMENT MANAGEMENT AND OTH34

INVESTMENT MANAGEMENT AND OTHER FEES (Details) - USD ($)	3 Months Ended		4 Months Ended	5 Months Ended	9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Dec. 09, 2015	Mar. 31, 2016	Mar. 31, 2015	Jun. 30, 2015
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Advisory fees	$ 1,279,000	$ 1,248,000			$ 3,615,000	$ 5,359,000
Minimum yield waivers recoverable through 12/31/16					498,000
Receivables	749,000		$ 749,000		749,000		$ 1,653,000
Investor Class Shares [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Administrative fee rate			0.05%	0.10%
Institutional Class Shares [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Administrative fee rate			0.04%	0.08%
Galileo Global Equity Advisors Inc. [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Advisory fees	255,000	413,000			879,000	1,600,000
U.S. Global Investors Funds [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Advisory fees	$ 869,000	1,100,000			$ 2,600,000	4,400,000
Base percentage adjustment, fund performance not within benchmark index	0.25%		0.25%		0.25%
Minimum performance to designated benchmark over prior rolling twelve months, percent	5.00%		5.00%		5.00%
Increase (Decrease) in Base Advisry Fees Realized	$ 58,000	(281,000)			$ (180,000)	(710,000)
Aggregate Fees Waived and Expenses Borne	311,000	391,000			1,100,000	1,000,000
Administrative services fees, per fund				$ 7,000
Receivables	395,000		$ 395,000		395,000
U. S. Global Jets EFT [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Advisory fees	74,000				$ 217,000
Unitary Management Fee, Percentage of Average Net Assets					0.60%
Offshore Clients [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Advisory fees	$ 22,000	$ 25,000			$ 66,000	$ 103,000

BORROWINGS (Details)

BORROWINGS (Details)	9 Months Ended
	Mar. 31, 2016USD ($)
Debt Disclosure [Abstract]
Long-term liabilities	$ 0
Credit facility with a one-year maturity for working capital	$ 1,000,000
Line of Credit Facility, Expiration Date	May 31, 2016

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - USD ($)	3 Months Ended		6 Months Ended	9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Sep. 30, 2016	Mar. 31, 2016	Mar. 31, 2015	Dec. 09, 2015	Dec. 10, 2014	Dec. 12, 2013	Dec. 07, 2012
STOCKHOLDERS' EQUITY (Details) [Line Items]
Repurchasing amount				$ 269,000	$ 266,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number (in Shares)	2,000			2,000
Options exercisable (in Shares)	2,000			2,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price (in Dollars per share)	$ 12.31			$ 12.31
Weighted average exercise price, exercisable options (in Dollars per share)	$ 12.31			$ 12.31
Number of options granted (in Shares)				0
Number of options exercised during period (in Shares)				0
Number of options, options forfeited (in Shares)				20,000
Stock-based compensation expense	$ 0			$ 0
Unrecognized share-based compensation cost	0	$ 0		0	$ 0
Share Repurchase Plan - December 2012 [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Stock Repurchase Program, Authorized Amount	$ 2,750,000			$ 2,750,000		$ 2,750,000	$ 2,750,000	$ 2,750,000	$ 2,750,000
Common Class A [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Number of shares repurchased (in Shares)	19,277	19,245		152,505	86,250
Repurchasing amount	$ 26,000	$ 60,000		$ 269,000	$ 266,000
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			9 Months Ended
	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Employee Stock Option [Member]
EARNINGS PER SHARE (Details) [Line Items]
Employee stock options excluded from diluted EPS	2,000	22,000	22,000	2,000	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		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Net Loss
Loss from continuing operations (in Dollars)	$ (376)	$ (948)	$ (3,435)	$ (1,837)
Less: Income (loss) attributable to non-controlling interest in subsidiary (in Dollars)	(26)	13	(23)	53
Loss from continuing operations attributable to U.S. Global Investors, Inc. (in Dollars)	(350)	(961)	(3,412)	(1,890)
Loss from discontinued operations attributable to U.S. Global Investors, Inc. (in Dollars)	0	(46)	(18)	(88)
Net loss attributable to U.S. Global Investors, Inc. (in Dollars)	$ (350)	$ (1,007)	$ (3,430)	$ (1,978)
Weighted average number of outstanding shares
Basic (in Shares)	15,277,098	15,379,365	15,306,676	15,406,189
Effect of dilutive securities
Employee stock options (in Shares)	0	0	0	0
Diluted (in Shares)	15,277,098	15,379,365	15,306,676	15,406,189
Basic
Loss from continuing operations	$ (0.02)	$ (0.06)	$ (0.22)	$ (0.12)
Loss from discontinued operations	0	(0.01)	0	(0.01)
Net loss attributable to U.S. Global Investors, Inc.	(0.02)	(0.07)	(0.22)	(0.13)
Diluted
Loss from continuing operations	(0.02)	(0.06)	(0.22)	(0.12)
Loss from discontinued operations	0	(0.01)	0	(0.01)
Net loss attributable to U.S. Global Investors, Inc.	$ (0.02)	$ (0.07)	$ (0.22)	$ (0.13)

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($)	Mar. 31, 2016	Jun. 30, 2015
INCOME TAXES (Details) [Line Items]
Valuation allowance	$ 3,100,000	$ 2,100,000
Expiring in Fiscal Year 2025 [Member] | Galileo [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover	66,000
Expiring in Fiscal Year 2027 [Member] | Galileo [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover	120,000
Expiring in Fiscal Year 2030 [Member] | Galileo [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover	45,000
Expiring in Fiscal Year 2031 [Member] | Galileo [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover	84,000
Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover	5,500,000
Domestic Tax Authority [Member] | Charitable Contributions [Member]
INCOME TAXES (Details) [Line Items]
Tax Credit Carryforward, Amount	125,000
Domestic Tax Authority [Member] | Expiring in Fiscal Year 2018 [Member] | Charitable Contributions [Member]
INCOME TAXES (Details) [Line Items]
Tax Credit Carryforward, Amount	68,000
Domestic Tax Authority [Member] | Expiring in Fiscal Year 2019 [Member] | Charitable Contributions [Member]
INCOME TAXES (Details) [Line Items]
Tax Credit Carryforward, Amount	34,000
Domestic Tax Authority [Member] | Expiring in Fiscal Year 2020 [Member] | Charitable Contributions [Member]
INCOME TAXES (Details) [Line Items]
Tax Credit Carryforward, Amount	19,000
Domestic Tax Authority [Member] | Expiring in Fiscal Year 2021 [Member] | Charitable Contributions [Member]
INCOME TAXES (Details) [Line Items]
Tax Credit Carryforward, Amount	4,000
Domestic Tax Authority [Member] | Expiring in Fiscal Year 2035 [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover	2,700,000
Domestic Tax Authority [Member] | Expiring in Fiscal Year 2036 [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover	2,800,000
Foreign Tax Authority [Member] | Galileo [Member] | CANADA
INCOME TAXES (Details) [Line Items]
Cumulative Eligible Capital Carryovers with No Expiration	$ 273,000

ACCUMULATED OTHER COMPREHENSI40

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS ) (Details) - Schedule of Accumulated Other Comprehensive Income (Loss) - USD ($) $ in Thousands		3 Months Ended			9 Months Ended
		Mar. 31, 2016		Mar. 31, 2015	Mar. 31, 2016		Mar. 31, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), net of tax, beginning balance		$ (511)		$ (291)	$ (483)		$ 906
Other comprehensive loss before reclassifications		480		(109)	724		(1,491)
Tax effect		0		7	0		444
Amount reclassified from AOCI		(14)		(105)	(286)		(486)
Tax effect		0		36	0		165
Net other comprehensive income (loss)		466		(171)	438		(1,368)
Accumulated other comprehensive income (loss), net of tax, ending balance		(45)		(462)	(45)		(462)
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		(254)		(213)	(339)	[1]	888	[1]
Other comprehensive loss before reclassifications		417	[1]	(20)	774	[1]	(1,306)
Tax effect		0	[1]	7	0	[1]	444
Amount reclassified from AOCI		(14)	[1]	(105)	(286)	[1]	(486)
Tax effect		0	[1]	36	0	[1]	165
Net other comprehensive income (loss)		403	[1]	(82)	488	[1]	(1,183)
Accumulated other comprehensive income (loss), net of tax, ending balance	[1]	149		(295)	149		(295)
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		(257)		(78)	(144)		18
Other comprehensive loss before reclassifications		63		(89)	(50)		(185)
Tax effect		0		0	0		0
Amount reclassified from AOCI		0		0	0		0
Tax effect		0		0	0		0
Net other comprehensive income (loss)		63		(89)	(50)		(185)
Accumulated other comprehensive income (loss), net of tax, ending balance		$ (194)		$ (167)	$ (194)		$ (167)
[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 BUSI41

FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) - USD ($) $ in Thousands	3 Months Ended				9 Months Ended
	Mar. 31, 2016		Mar. 31, 2015		Mar. 31, 2016		Mar. 31, 2015
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net operating revenues	$ 1,330		$ 1,389		$ 3,869		$ 5,875
Investment Management Services [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net operating revenues	1,075	[1]	976	[1]	2,990	[2]	4,281	[2]
Investment Management Services - Canada [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net operating revenues	255	[3]	413	[3]	879	[4]	1,594	[4]
U.S. Global Investors Funds [Member] | Investment Management Services [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net operating revenues	977		952		2,707		4,178
Galileo Funds [Member] | Investment Management Services - Canada [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net operating revenues	$ 193		$ 332		$ 689		$ 1,307
[1]	Includes operating revenues from USGIF of $977 and $952 for the three months ended March 31, 2016, and March 31, 2015, respectively.
[2]	Includes operating revenues from USGIF of $2,707 and $4,178 for the nine months ended March 31, 2016, and March 31, 2015, respectively.
[3]	Includes operating revenues from Galileo mutual funds of $193 and $332 for the three months ended March 31, 2016, and March 31, 2015, respectively.
[4]	Includes operating revenues from Galileo mutual funds of $689 and $1,307 for the nine months ended March 31, 2016, and March 31, 2015, respectively.

FINANCIAL INFORMATION BY BUSI42

FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) - Schedule Details of Financial Information by Business Segment - USD ($) $ in Thousands	3 Months Ended				9 Months Ended
	Mar. 31, 2016		Mar. 31, 2015		Mar. 31, 2016		Mar. 31, 2015
Segment Reporting Information [Line Items]
Net operating revenues	$ 1,330		$ 1,389		$ 3,869		$ 5,875
Net other income loss	148		249		411		522
Income (loss) before income taxes	(392)		(922)		(3,440)		(1,815)
Loss from discontinued operations	0		(46)		(18)		(88)
Depreciation and amortization	80		81		240		246
Capital expenditures	0		0		13		40
Identifiable assets	26,679				26,679
Deferred tax asset	0				0
Investment Management Services [Member]
Segment Reporting Information [Line Items]
Net operating revenues	1,075	[1]	976	[1]	2,990	[2]	4,281	[2]
Net other income loss	0		0		0		0
Income (loss) before income taxes	(511)		(1,128)		(3,727)		(2,333)
Loss from discontinued operations	0		(46)		(18)		(88)
Depreciation and amortization	64		63		192		190
Capital expenditures	0		0		13		40
Identifiable assets	4,652				4,652
Investment Management Services - Canada [Member]
Segment Reporting Information [Line Items]
Net operating revenues	255	[3]	413	[3]	879	[4]	1,594	[4]
Net other income loss	0		0		0		0
Income (loss) before income taxes	(41)		(39)		(130)		3
Loss from discontinued operations	0		0		0		0
Depreciation and amortization	16		18		48		56
Capital expenditures	0		0		0		0
Identifiable assets	1,664				1,664
Corporate Investments [Member]
Segment Reporting Information [Line Items]
Net operating revenues	0		0		0		0
Net other income loss	148		249		411		522
Income (loss) before income taxes	160		245		417		515
Loss from discontinued operations	0		0		0		0
Depreciation and amortization	0		0		0		0
Capital expenditures	0		$ 0		0		$ 0
Identifiable assets	$ 20,363				$ 20,363
[1]	Includes operating revenues from USGIF of $977 and $952 for the three months ended March 31, 2016, and March 31, 2015, respectively.
[2]	Includes operating revenues from USGIF of $2,707 and $4,178 for the nine months ended March 31, 2016, and March 31, 2015, respectively.
[3]	Includes operating revenues from Galileo mutual funds of $193 and $332 for the three months ended March 31, 2016, and March 31, 2015, respectively.
[4]	Includes operating revenues from Galileo mutual funds of $689 and $1,307 for the nine months ended March 31, 2016, and March 31, 2015, respectively.

CONTINGENCIES AND COMMITMENTS (

CONTINGENCIES AND COMMITMENTS (Details) - Scenario, Forecast [Member]	6 Months Ended
	Sep. 30, 2016USD ($)$ / shares
CONTINGENCIES AND COMMITMENTS (Details) [Line Items]
Monthly Dividend Declared	$ 0.0025
Class A and C [Member]
CONTINGENCIES AND COMMITMENTS (Details) [Line Items]
Amount of cash dividends to be paid to class A and C shareholders | $	$ 230,000
Monthly Dividend Authorized [Member]
CONTINGENCIES AND COMMITMENTS (Details) [Line Items]
Monthly Dividend Declared	$ 0.0025

DISCONTINUED OPERATIONS (Detail

DISCONTINUED OPERATIONS (Details)	5 Months Ended
	Dec. 09, 2015
Discontinued Operations and Disposal Groups [Abstract]
Investment Distribution Fee, Annual Rate, Percentage	0.25%

DISCONTINUED OPERATIONS (Deta45

DISCONTINUED OPERATIONS (Details) - Disposal Groups, Assets and Liabilities Related to Discontinued Operations - USD ($) $ in Thousands	Mar. 31, 2016	Jun. 30, 2015
Assets
Receivables	$ 0	$ 184
Total assets held related to discontinued operations	0	184
Liabilities
Accounts payable	0	5
Other accrued expenses	0	129
Total liabilities held related to discontinued operations	$ 0	$ 134

DISCONTINUED OPERATIONS (Deta46

DISCONTINUED OPERATIONS (Details) - Disposal Groups, Components of Income from Discontinued Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
Revenues
Distribution fees	$ 0	$ 299	$ 425	$ 1,118
Shareholder services fees	0	143	183	507
	0	442	608	1,625
Expenses
Employee compensation and benefits	0	120	188	411
General and administrative	0	47	77	135
Platform fees	0	269	347	963
Advertising	0	53	14	205
	0	489	626	1,714
Loss from Discontinued Operations Before Income Taxes	0	(47)	(18)	(89)
Tax expense (benefit)	0	(1)	0	(1)
Loss from Discontinued Operations	$ 0	$ (46)	$ (18)	$ (88)