U.S. Global Investors (GROW) 10-Q 11 May 17 2017 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Mar. 31, 2017	Apr. 28, 2017
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, 2017
Document Fiscal Year Focus	2,017
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		2,068,947
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		13,120,260

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Mar. 31, 2017	Jun. 30, 2016
Current Assets
Cash and cash equivalents		$ 3,434	$ 3,993
Restricted cash		1,000	1,000
Investment securities - trading, at fair value	[1]	9,720	10,104
Accounts and other receivables		803	787
Note receivable		2,000	2,000
Prepaid expenses		313	290
Total Current Assets		17,270	18,174
Net Property and Equipment		2,273	2,466
Other Assets
Investment securities - available-for-sale, at fair value		3,524	3,481
Other investments		2,637	1,924
Note receivable, long term		234	212
Other assets, long term		98	89
Total Other Assets		6,493	5,706
Total Assets		26,036	26,346
Current Liabilities
Accounts payable		99	148
Accrued compensation and related costs		326	451
Dividends payable		114	115
Other accrued expenses		507	586
Total Current Liabilities		1,046	1,300
Commitments and Contingencies (Note 11)
Shareholders’ Equity
Additional paid-in-capital		15,648	15,651
Treasury stock, class A shares at cost; 740,985 and 688,700 shares at March 31, 2017, and June 30, 2016, respectively		(1,748)	(1,663)
Accumulated other comprehensive loss, net of tax		(16)	(149)
Retained earnings		10,185	10,290
Total U.S. Global Investors Inc. Shareholders’ Equity		24,468	24,528
Non-Controlling Interest in Subsidiary		522	518
Total Shareholders’ Equity		24,990	25,046
Total Liabilities and Shareholders’ Equity		26,036	26,346
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.

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Mar. 31, 2017	Jun. 30, 2016
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	13,866,601	13,866,421
Treasury stock, class A shares at cost; shares	740,985	688,700
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	2,068,947	2,069,127

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Operating Revenues
Advisory fees	$ 1,604	$ 1,279	$ 5,064	$ 3,615
Administrative services fees	65	51	228	254
	1,669	1,330	5,292	3,869
Operating Expenses
Employee compensation and benefits	932	886	2,818	3,953
General and administrative	836	871	2,569	3,345
Advertising	28	33	108	182
Depreciation and amortization	64	80	191	240
	1,860	1,870	5,686	7,720
Operating Loss	(191)	(540)	(394)	(3,851)
Other Income
Investment income	161	148	663	411
Total Other Income	161	148	663	411
Income (Loss) Before Income Taxes	(30)	(392)	269	(3,440)
Provision for Income Taxes
Tax expense (benefit)	3	(16)	13	(5)
Income (Loss) from Continuing Operations	(33)	(376)	256	(3,435)
Discontinued Operations
Loss from discontinued operations before income taxes	0	0	0	(18)
Tax benefit	0	0	0	0
Loss from Discontinued Operations	0	0	0	(18)
Net Income (Loss)	(33)	(376)	256	(3,453)
Less: Net Income (Loss) Attributable to Non-Controlling Interest	0	(26)	18	(23)
Net Income (Loss) Attributable to U.S. Global Investors, Inc.	$ (33)	$ (350)	$ 238	$ (3,430)
Basic
Income (loss) from continuing operations (in Dollars per share)	$ 0	$ (0.02)	$ 0.02	$ (0.22)
Loss from discontinued operations (in Dollars per share)	0	0	0	0
Net income (loss) (in Dollars per share)	0	(0.02)	0.02	(0.22)
Diluted
Income (loss) from continuing operations (in Dollars per share)	0	(0.02)	0.02	(0.22)
Loss from discontinued operations (in Dollars per share)	0	0	0	0
Net income (loss) (in Dollars per share)	$ 0	$ (0.02)	$ 0.02	$ (0.22)
Basic weighted average number of common shares outstanding (in Shares)	15,200,280	15,277,098	15,220,134	15,306,676
Diluted weighted average number of common shares outstanding (in Shares)	15,200,280	15,277,098	15,220,134	15,306,676

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS ) (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Net Income (Loss) Attributable to U.S. Global Investors, Inc.	$ (33)	$ (350)	$ 238	$ (3,430)
Other Comprehensive Income (Loss), Net of Tax:
Unrealized gains (losses) on available-for-sale securities arising during period	(194)	417	175	774
Less: reclassification adjustment for gains/losses included in net income	0	(14)	(15)	(286)
Net change from available-for-sale investments, net of tax	(194)	403	160	488
Foreign currency translation adjustment	12	95	(42)	(79)
Other Comprehensive Income (Loss)	(182)	498	118	409
Comprehensive Income (Loss)	(215)	148	356	(3,021)
Less: Comprehensive Income (Loss) Attributable to Non-Controlling Interest	4	33	(15)	(28)
Comprehensive Income (Loss) Attributable to U.S. Global Investors, Inc.	$ (219)	$ 115	$ 371	$ (2,993)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash Flows from Operating Activities:
Net income (loss)	$ 256	$ (3,453)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	191	240
Net recognized (gain) loss on securities	(15)	2
Stock bonuses	4	11
Changes in operating assets and liabilities:
Accounts and notes receivable	(42)	1,080
Prepaid and other assets	(34)	2
Trading securities	384	2,505
Accounts payable and accrued expenses	(248)	(378)
Total adjustments	240	3,462
Net cash provided by operating activities	496	9
Cash Flows from Investing Activities:
Purchase of property and equipment	0	(13)
Purchase of available-for-sale securities	(518)	0
Purchase of other investments	(776)	(750)
Proceeds on sale of available-for-sale securities	649	1,014
Return of capital on investment	63	32
Net cash provided by (used in) investing activities	(582)	283
Cash Flows from Financing Activities:
Issuance of common stock	4	59
Repurchases of common stock	(97)	(269)
Dividends paid	(342)	(460)
Net cash used in financing activities	(435)	(670)
Effect of exchange rate changes on cash and cash equivalents	(38)	(72)
Net decrease in cash and cash equivalents	(559)	(450)
Beginning cash and cash equivalents	3,993	3,507
Ending cash and cash equivalents	3,434	3,057
Supplemental Disclosures of Cash Flow Information
Cash paid for income taxes	$ 12	$ 0

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Mar. 31, 2017
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, 2016, except for the adoption of new accounting pronouncements discussed below. The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, 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”). 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 subsidiary” 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 or from which it receives fees 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 obligation to absorb a majority of the expected losses or the right to receive the majority of the residual returns and consolidates the VIE on the basis of having a controlling financial interest. The Company holds variable interests in, but is not deemed to be the primary beneficiary of, certain funds it advises. The Company’s interests in these VIEs consist of the Company’s direct ownership therein 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 3 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 VIEs 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. The Company’s total exposure to unconsolidated VIEs, consisting of the carrying value of investment securities and receivables for fees, was $11.4 million at March 31, 2017, and $11.8 million at June 30, 2016. 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, 2017, 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 Accounting Pronouncements Adopted During the Period In February 2015, the FASB issued Accounting Standards Update (“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 Accounting Pronouncements Not Yet Adopted 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 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 (“ASU 2016-09”). ASU 2016-09 includes provisions intended to simplify various aspects related to how share-based payments are accounted for and disclosed. ASU 2016-09 is effective for public business entities for annual reporting periods beginning after December 15, 2016, and interim periods within those annual periods. Early adoption will be permitted in any interim or annual period, as long as all elements of the new standard are adopted at the same time. Management currently does not expect to implement the new standard before the required effective date. The Company is currently evaluating the potential impact of this standard but does not currently expect the adoption to have a material impact on its consolidated financial statements. In June 2016, the FASB issued 2016-13, Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments In August 2016, the FASB issued 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In November 2016, the FASB issued 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash

INVESTMENTS

INVESTMENTS	9 Months Ended
	Mar. 31, 2017
Disclosure Text Block Supplement [Abstract]
Investments and Other Noncurrent Assets [Text Block]	NOTE 2. INVESTMENTS As of March 31, 2017, the Company held investments with a fair value of approximately $13.2 million and a cost basis of approximately $14.0 million. The fair value of these investments is approximately 50.9 percent of the Company’s total assets. In addition, the Company held other investments of $2.6 million accounted for under the cost method of accounting. On March 31, 2017, the Company had $10.7 million and $430,000 at fair value invested in U.S. Global Investors Funds (“USGIF” or the “Funds”) and an offshore fund the Company advises, respectively. These amounts were included in the Consolidated Balance Sheets as “trading securities” and “available-for-sale securities.” Investments in securities classified as trading are reflected as current assets on the Consolidated Balance Sheets at their fair value. Unrealized holding gains and losses on trading securities are included in earnings in the Consolidated Statements of Operations. Investments in securities classified as available-for-sale, which may not be readily marketable, are reflected as non-current assets on the Consolidated Balance Sheets at their fair value. Unrealized holding gains and losses on available-for-sale securities are excluded from earnings and reported in other comprehensive income as a separate component of shareholders’ equity until realized. Other investments consist of equity investments in entities over which the Company is unable to exercise significant influence and which do not have readily determinable fair values. These investments are accounted for under the cost method of accounting and evaluated 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, 2017, and June 30, 2016. March 31, 2017 (dollars in thousands) Cost Gains (Losses) Fair Value Trading securities 1 Mutual funds - Fixed income $ 8,884 $ 50 $ (7 ) $ 8,927 Mutual funds - Domestic equity 535 - (172 ) 363 Other 45 - (45 ) - Offshore fund 1,184 - (754 ) 430 Total trading securities $ 10,648 $ 50 $ (978 ) $ 9,720 Available-for-sale securities 2 Common stock - Domestic $ 109 $ 16 $ - $ 125 Common stock - International 575 5 (233 ) 347 Corporate debt 1,038 397 - 1,435 Mutual funds - Fixed income 1,148 1 (2 ) 1,147 Mutual funds - Domestic equity 394 14 - 408 Other 55 7 - 62 Total available-for-sale securities 3 $ 3,319 $ 440 $ (235 ) $ 3,524 June 30, 2016 (dollars in thousands) Cost Gains (Losses) Fair Value Trading securities 1 Mutual funds - Fixed income $ 9,284 $ 124 $ - $ 9,408 Mutual funds - Domestic equity 535 - (197 ) 338 Other 45 - (45 ) - Offshore fund 1,184 - (826 ) 358 Total trading securities $ 11,048 $ 124 $ (1,068 ) $ 10,104 Available-for-sale securities 2 Common stock - Domestic $ 109 $ 21 $ - $ 130 Common stock - International 613 16 (83 ) 546 Corporate debt 1,038 86 - 1,124 Mutual funds - Fixed income 1,226 18 (23 ) 1,221 Mutual funds - Domestic equity 394 2 - 396 Other 56 8 - 64 Total available-for-sale securities 3 $ 3,436 $ 151 $ (106 ) $ 3,481 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, 2017, are $205 and $205, respectively, and as of June 30, 2016, are $45 and $45, respectively. 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 (loss) reflected in earnings for the periods discussed: (dollars in thousands) Nine Months Ended March 31, Three Months Ended March 31, Investment Income 2017 2016 2017 2016 Realized gains on sales of available-for-sale securities $ 31 $ 545 $ - $ 14 Realized gains (losses) on sales of trading securities - (32 ) - 3 Unrealized gains (losses) on trading securities 16 (103 ) 42 30 Realized foreign currency gains (losses) (25 ) 24 (20 ) (28 ) Other-than-temporary declines in available-for-sale securities (16 ) (259 ) - - Other-than-temporary declines in securities held at cost - (258 ) - - Dividend and interest income 657 494 139 129 Total Investment Income $ 663 $ 411 $ 161 $ 148 Included in investment income were other-than temporary declines in value on available-for-sale securities of approximately $16,000 for the nine months ended March 31, 2017, and $259,000 for the nine months ended March 31, 2016, respectively. There were no impairment losses for the three months ended March 31, 2017, and 2016. The impairment losses resulted from fair values of securities being lower than book value and from proposed changes to debt securities. During the nine months ended March 31, 2017, two securities with a combined cost basis of $98,000 were written down to a combined fair value of $82,000. During the nine months ended March 31, 2016, eight securities with a combined cost basis of $702,000 were written down to a combined fair value of $466,000. Also during the nine months ended March 31, 2016, a debt security with a cost basis of $970,000 was written down to $947,000 based on the net present value of estimated cash flows. Also included in investment income for the nine months ended March 31, 2016, were other-than-temporary declines in value on securities held at cost of approximately $258,000. 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. In making these determinations, the Company considered the length of time and extent to which the fair value has been less than cost basis, financial condition and prospects of the issuers and the Company’s ability to hold the investment until recovery. Unrealized Losses 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, 2017 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 295 (233 ) - - 295 (233 ) Corporate debt - - - - - - Mutual funds - Fixed income - - 98 (2 ) 98 (2 ) Mutual funds - Domestic equity - - - - - - Other - - - - - - Total available-for-sale securities $ 295 $ (233 ) $ 98 $ (2 ) $ 393 $ (235 ) June 30, 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 246 (60 ) 23 (23 ) 269 (83 ) Corporate debt - - - - - - Mutual funds - Fixed income 1 - 201 (23 ) 202 (23 ) Mutual funds - Domestic equity - - - - - - Other - - - - - - Total available-for-sale securities $ 247 $ (60 ) $ 224 $ (46 ) $ 471 $ (106 ) Fair Value Hierarchy 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 not traded on an exchange may be 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 periodically 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. Certain debt securities may be 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, 2017, and June 30, 2016, for the major categories of U.S. Global’s investments measured at fair value on a recurring basis: March 31, 2017 Significant Significant Other Unobservable Quoted Prices Inputs Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total Trading securities Mutual funds - Fixed income $ 8,927 $ - $ - $ 8,927 Mutual funds - Domestic equity 363 - - 363 Other - - - - Offshore fund investment measured at net asset value 1 430 Total trading securities 9,290 - - 9,720 Available-for-sale securities Common stock - Domestic 125 - - 125 Common stock - International 347 - - 347 Corporate debt 1,435 - - 1,435 Mutual funds - Fixed income 1,147 - - 1,147 Mutual funds - Domestic equity 408 - - 408 Other 62 - - 62 Total available-for-sale securities 3,524 - - 3,524 Total $ 12,814 $ - $ - $ 13,244 June 30, 2017 Significant Significant Other Unobservable Quoted Prices Inputs Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total Trading securities Mutual funds - Fixed income $ 9,408 $ - $ - $ 9,408 Mutual funds - Domestic equity 338 - - 338 Other - - - - Offshore fund investment measured at net asset value 1 358 Total trading securities 9,746 - - 10,104 Available-for-sale securities Common stock - Domestic 130 - - 130 Common stock - International 546 - - 546 Corporate debt 1,124 - - 1,124 Mutual funds - Fixed income 1,221 - - 1,221 Mutual funds - Domestic equity 396 - - 396 Other 64 - - 64 Total available-for-sale securities 3,481 - - 3,481 Total $ 13,227 $ - $ - $ 13,585 1 In accordance with Subtopic 820-10, certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Consolidated Balance Sheets. As of March 31, 2017, and June 30, 2016, 100 percent of the Company’s financial assets classified in the fair value hierarchy were derived from Level 1 inputs. The Company recognizes transfers between levels at the end of each quarter. The Company’s available-for-sale investments in corporate debt securities mature in 2020. The Company has an investment in an affiliated offshore fund, classified as trading, which invests in companies in the energy and natural resources sectors. The fair value of this investment has been estimated based on the net asset value per share at $430,000 and $358,000 as of March 31, 2017, and June 30, 2016, respectively. The Company may redeem this investment on the first business day of each month after providing a redemption notice at least forty-five days prior to the proposed redemption date. The 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, 2017, and March 31, 2016: Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis March 31, 2017 March 31, 2016 (dollars in thousands) Corporate Debt Beginning Balance $ - $ 539 Return of capital - (13 ) 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 - - Transfers out of Level 3 - (1,001 ) Ending Balance $ - $ 212 The transfers out of Level 3 shown above in the prior period were corporate debt securities that were transferred to Level 1 when they started trading on a market. The securities previously had been valued based on other traded debt from the same issuer.

INVESTMENT MANAGEMENT AND OTHER

INVESTMENT MANAGEMENT AND OTHER FEES	9 Months Ended
	Mar. 31, 2017
Investment Management and Other Fees [Abstract]
Investment Management and Other Fees [Text Block]	NOTE 3. INVESTMENT MANAGEMENT AND OTHER FEES The Company serves as investment adviser to USGIF and receives a fee based on a specified percentage of net assets under management. The Company recorded base advisory fees from USGIF totaling $1.2 million and $3.8 million, respectively, for the three and nine months ended March 31, 2017, compared with $869,000 and $2.6 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 and nine months ended March 31, 2017, the Company realized a (decrease) increase in its base advisory fees from USGIF of ($16,000) and $14,000, respectively. For the corresponding periods in the prior fiscal year, the Company realized an increase (decrease) in its base advisory fees from USGIF of $58,000 and ($180,000), respectively. The Company has agreed to contractually limit the expenses of the Near-Term Tax Free Fund through April 2018. The Company has voluntarily waived or reduced its fees and/or agreed to pay expenses on the remaining USGIF 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, 2017, were $218,000 and $764,000, respectively, compared with $311,000 and $1.1 million, respectively, for the corresponding periods in the prior fiscal year. Management cannot predict the impact of future waivers due the number of variables and the range of potential outcomes. The Company receives administrative service fees from USGIF based on the average daily net assets at an annual rate 0.05 percent per investor class and 0.04 percent per institutional class of each fund. Effective December 10, 2015, the agreement was amended and the level of administrative services performed and corresponding fees was reduced. Prior to the amendment, the administrative fees were at an annual rate of 0.10 percent per investor class and 0.08 percent per institutional class of each fund, plus a base fee of $7,000 per fund. As of March 31, 2017, the Company had $626,000 in receivables from fund clients, of which $448,000 was from USGIF. The Company also serves as investment adviser to an exchange traded fund (“ETF’) client, U.S. Global Jets ETF, which 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 $98,000 and $239,000, respectively, for the three and nine months ended March 31, 2017, compared with $74,000 and $217,000, respectively, for the corresponding periods in the prior fiscal year. 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 fees from these clients of $34,000 and $102,000, respectively, for the three and nine months ended March 31, 2017, compared with $22,000 and $66,000, 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 $285,000 and $887,000, respectively, for the three and nine months ended March 31, 2017, compared with $255,000 and $879,000, respectively, for the corresponding periods in the prior fiscal year.

NOTES RECEIVABLE

NOTES RECEIVABLE	9 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Financing Receivables [Text Block]	NOTE 4. NOTES RECEIVABLE The Company has invested in notes receivable consisting of two promissory notes. One note in the amount of $2 million was entered into with an unrelated third party in June 2016 and matures in June 2017. The note has a one-year extension option by the issuer upon payment of a 2.5 percent extension fee. The note bears interest at 12 percent, with 10 percent payable monthly and 2 percent payable at maturity. In case of prepayment, there would be a penalty for the amount of lost interest. The other note of $234,000 is with an unrelated third party, has an annual interest rate of 15 percent and matures in 2021. This note was amended in November 2016. Upon amendment, the maturity date was extended from 2017 to 2021, unpaid interest was added to the principal, and provisions for penalty interest were added for failure to make scheduled interest or principal payments or failure to provide timely financial statements. Principal repayments on the amended note are scheduled to start in February 2019. The Company considered the credit quality of the other parties and determined that no allowance for credit losses is necessary.

BORROWINGS

BORROWINGS	9 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	NOTE 5. BORROWINGS As of 31, 2017, the Company has no borrowings or long-term liabilities. The Company has access to a $1 million credit facility for working capital purposes. The credit agreement requires the Company to maintain certain covenants; the Company has been in compliance with these covenants during the current fiscal year. The credit agreement will expire on May 31, 2017, and the Company intends to renew annually. The credit facility is collateralized by $1 million at 31, 2017, shown as restricted cash on the balance sheet, held in deposit in a money market account at the financial institution that provided the credit facility. As of 31, 2017, the credit facility remains unutilized by the Company.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	9 Months Ended
	Mar. 31, 2017
Disclosure Text Block Supplement [Abstract]
Shareholders' Equity and Share-based Payments [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 was paid for July 2016 through 2017 and is authorized through June 2017, at which time it will be considered for continuation by the Board. 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, December 9, 2015, and December 6, 2016, the Board of Directors renewed the repurchase program for calendar years 2014, 2015, 2016 and 2017, respectively. The total amount of shares that may be repurchased in calendar year 2017 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, 2017, the Company repurchased 9,879 and 57,431 class A shares using cash of $17,000 and $97,000, 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, 2017, at a weighted average exercise price of $12.31. There were no options granted, exercised or forfeited for the nine months ended March 31, 2017. 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, 2017
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) 2017 2016 2017 2016 Net Income (Loss) Income (loss) from continuing operations $ 256 $ (3,435 ) $ (33 ) $ (376 ) Less: Income (loss) attributable to non-controlling interest in subsidiary 18 (23 ) - (26 ) Income (loss) from continuing operations attributable to U.S. Global Investors, Inc. 238 (3,412 ) (33 ) (350 ) Loss from discontinued operations attributable to U.S. Global Investors, Inc. - (18 ) - - Net income (loss) attributable to U.S. Global Investors, Inc. $ 238 $ (3,430 ) $ (33 ) $ (350 ) Weighted average number of outstanding shares Basic 15,220,134 15,306,676 15,200,280 15,277,098 Effect of dilutive securities Employee stock options - - - - Diluted 15,220,134 15,306,676 15,200,280 15,277,098 Earnings Per Share Attributable to U.S. Global Investors, Inc. Basic Income (loss) from continuing operations $ 0.02 $ (0.22 ) $ - $ (0.02 ) Loss from discontinued operations - - - - Net income (loss) $ 0.02 $ (0.22 ) $ - $ (0.02 ) Diluted Income (loss) from continuing operations $ 0.02 $ (0.22 ) $ - $ (0.02 ) Loss from discontinued operations - - - - Net income (loss) $ 0.02 $ (0.22 ) $ - $ (0.02 ) The diluted EPS calculation excludes the effect of stock options when their exercise prices exceed the average market price for the period. For the three and nine months ended March 31, 2017, and 2016, 2,000 options were excluded from diluted EPS. During the three and nine months ended March 31, 2017, and 2016, 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, 2017
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 Company has not recognized deferred income taxes on undistributed earnings of Galileo since such earnings are considered to be reinvested indefinitely. For federal income tax purposes at March 31, 2017, the Company has charitable contribution carryovers totaling approximately $146,000, with $68,000 expiring in fiscal year 2018, $34,000 expiring in fiscal year 2019, $19,000 expiring in fiscal year 2020, $5,000 expiring in fiscal year 2021 and $20,000 expiring in fiscal year 2022. The Company has federal net operating loss carryovers of $5.1 million with $2.4 million expiring in fiscal year 2035 and $2.7 million expiring in fiscal year 2036. For Canadian income tax purposes, Galileo has cumulative eligible capital carryovers of $247,000 with no expiration and net operating loss carryovers of $112,000; $44,000 and $120,000 expiring in fiscal 2027, 2030 and 2036, 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, 2017, and June 30, 2016, a valuation allowance of $3.0 million and $3.1 million, respectively, was included net operating loss carryovers, other carryovers and book/tax differences in the balance sheet. In November 2015, the FASB issued accounting guidance that simplifies the presentation of deferred income taxes. The guidance requires that deferred tax balances be classified as non-current in a statement of financial position. The Company early adopted this guidance effective September 30, 2016, on a prospective basis. As a full reserve valuation allowance is recorded for deferred tax balances, adoption of the guidance did not result in any changes or reclassifications in the Consolidated Balance Sheets. No prior periods were retrospectively adjusted.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS )	9 Months Ended
	Mar. 31, 2017
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, 2017 Balance at June 30, 2016 $ 45 $ (194 ) $ (149 ) Other comprehensive income (loss) before reclassifications 175 (27 ) 148 Tax effect - - - Amount reclassified from AOCI (15 ) - (15 ) Tax effect - - - Net other comprehensive income (loss) for nine months ended March 31, 2017 160 (27 ) 133 Balance at March 31, 2017 $ 205 $ (221 ) $ (16 ) Three Months Ended March 31, 2017 Balance at December 31, 2016 $ 399 $ (229 ) $ 170 Other comprehensive income (loss) before reclassifications (194 ) 8 (186 ) Tax effect - - - Amount reclassified from AOCI - - - Tax effect - - - Net other comprehensive income (loss) for quarter (194 ) 8 (186 ) Balance at March 31, 2017 $ 205 $ (221 ) $ (16 ) (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 ) 1. Amounts reclassified from unrealized gains (losses) on available-for-sale investments, net of tax, were recorded in investment income (loss) on the Consolidated Statements of Operations.

FINANCIAL INFORMATION BY BUSINE

FINANCIAL INFORMATION BY BUSINESS SEGMENT	9 Months Ended
	Mar. 31, 2017
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, 2017 Net operating revenues $ 4,405 $ 887 $ - $ 5,292 Net other income $ - $ - $ 663 $ 663 Income (loss) from continuing operations before income taxes $ (413 ) $ 36 $ 646 $ 269 Depreciation and amortization $ 179 $ 12 $ - $ 191 Capital expenditures $ - $ - $ - $ - Gross identifiable assets at March 31, 2017 $ 6,027 $ 1,606 $ 18,403 $ 26,036 Deferred tax asset $ - Consolidated total assets at March 31, 2017 $ 26,036 Nine months ended March 31, 2016 Net operating revenues $ 2,990 $ 879 $ - $ 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 Three months ended March 31, 2017 Net operating revenues $ 1,384 $ 285 $ - $ 1,669 Net other income $ - $ - $ 161 $ 161 Income (loss) from continuing operations before income taxes $ (190 ) $ 6 $ 154 $ (30 ) Depreciation and amortization $ 60 $ 4 $ - $ 64 Capital expenditures $ - $ - $ - $ - Three months ended March 31, 2016 Net operating revenues $ 1,075 $ 255 $ - $ 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 $ - $ - $ - $ - Net operating revenues from investment management services include revenues from USGIF of $1.3 million and $4.1 million, respectively, for the three and nine months ended March 31, 2017, and $977,000 and $2.7 million, respectively, for the three and nine months ended March 31, 2016. The loss from discontinued operations in investment management services includes revenues from USGIF of $608,000 for the nine months ended March 31, 2016. Net operating revenues from investment management services in Canada includes revenues from Galileo funds of $215,000 and $663,000, respectively, for the three and nine months ended March 31, 2017, and $193,000 and $689,000, respectively, for the three and nine months ended March 31, 2016, and from other significant advisory clients of $66,000 and $214,000, respectively, for the three and nine months ended March 31, 2017, and $60,000 and $183,000, respectively, for the three and nine months ended March 31, 2016.

CONTINGENCIES AND COMMITMENTS

CONTINGENCIES AND COMMITMENTS	9 Months Ended
	Mar. 31, 2017
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 June 2017, at which time it will be considered for continuation by the Board. Payment of cash dividends is within the discretion of the Company’s Board of Directors and is dependent on earnings, operations, capital requirements, general financial condition of the Company, and general business conditions. The total amount of cash dividends expected to be paid to class A and class C shareholders from April to June 2017 is approximately $114,000.

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS	9 Months Ended
	Mar. 31, 2017
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 is 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 had, 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 Statements of Operations and are, therefore, excluded from continuing operations results. Comparative periods shown in the Statements of Operations have been adjusted to conform with this presentation. These revenues and expenses had previously been included in the investment management services segment. The discontinued operations did not have depreciation, amortization, capital expenditures or significant non-cash operating and investing items. There were no assets and liabilities related to discontinued operations at March 31, 2017, and June 30, 2016. The components of loss from discontinued operations were as follows for the three and nine months ended March 31, 2017, and March 31, 2016: Nine Months Ended March 31, Three Months Ended March 31, (dollars in thousands) 2017 2016 2017 2016 Revenues Distribution fees $ - $ 425 $ - $ - Shareholder services fees - 183 - - - 608 - - Expenses Employee compensation and benefits - 188 - - General and administrative - 77 - - Platform fees - 347 - - Advertising - 14 - - - 626 - - Loss from discontinued operations of distributor before income taxes - (18 ) - - Tax benefit - - - - Loss from discontinued operations of distributor $ - $ (18 ) $ - $ - 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 is 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, 2017
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, 2016, except for the adoption of new accounting pronouncements discussed below. The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, 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”). 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 subsidiary” 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 or from which it receives fees 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 obligation to absorb a majority of the expected losses or the right to receive the majority of the residual returns and consolidates the VIE on the basis of having a controlling financial interest. The Company holds variable interests in, but is not deemed to be the primary beneficiary of, certain funds it advises. The Company’s interests in these VIEs consist of the Company’s direct ownership therein 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 3 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 VIEs 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. The Company’s total exposure to unconsolidated VIEs, consisting of the carrying value of investment securities and receivables for fees, was $11.4 million at March 31, 2017, and $11.8 million at June 30, 2016. 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, 2017, 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 Accounting Pronouncements Adopted During the Period In February 2015, the FASB issued Accounting Standards Update (“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 Accounting Pronouncements Not Yet Adopted 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 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 (“ASU 2016-09”). ASU 2016-09 includes provisions intended to simplify various aspects related to how share-based payments are accounted for and disclosed. ASU 2016-09 is effective for public business entities for annual reporting periods beginning after December 15, 2016, and interim periods within those annual periods. Early adoption will be permitted in any interim or annual period, as long as all elements of the new standard are adopted at the same time. Management currently does not expect to implement the new standard before the required effective date. The Company is currently evaluating the potential impact of this standard but does not currently expect the adoption to have a material impact on its consolidated financial statements. In June 2016, the FASB issued 2016-13, Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments In August 2016, the FASB issued 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In November 2016, the FASB issued 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash

INVESTMENTS (Tables)

INVESTMENTS (Tables)	9 Months Ended
	Mar. 31, 2017
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, 2017, and June 30, 2016. March 31, 2017 (dollars in thousands) Cost Gains (Losses) Fair Value Trading securities 1 Mutual funds - Fixed income $ 8,884 $ 50 $ (7 ) $ 8,927 Mutual funds - Domestic equity 535 - (172 ) 363 Other 45 - (45 ) - Offshore fund 1,184 - (754 ) 430 Total trading securities $ 10,648 $ 50 $ (978 ) $ 9,720 Available-for-sale securities 2 Common stock - Domestic $ 109 $ 16 $ - $ 125 Common stock - International 575 5 (233 ) 347 Corporate debt 1,038 397 - 1,435 Mutual funds - Fixed income 1,148 1 (2 ) 1,147 Mutual funds - Domestic equity 394 14 - 408 Other 55 7 - 62 Total available-for-sale securities 3 $ 3,319 $ 440 $ (235 ) $ 3,524 June 30, 2016 (dollars in thousands) Cost Gains (Losses) Fair Value Trading securities 1 Mutual funds - Fixed income $ 9,284 $ 124 $ - $ 9,408 Mutual funds - Domestic equity 535 - (197 ) 338 Other 45 - (45 ) - Offshore fund 1,184 - (826 ) 358 Total trading securities $ 11,048 $ 124 $ (1,068 ) $ 10,104 Available-for-sale securities 2 Common stock - Domestic $ 109 $ 21 $ - $ 130 Common stock - International 613 16 (83 ) 546 Corporate debt 1,038 86 - 1,124 Mutual funds - Fixed income 1,226 18 (23 ) 1,221 Mutual funds - Domestic equity 394 2 - 396 Other 56 8 - 64 Total available-for-sale securities 3 $ 3,436 $ 151 $ (106 ) $ 3,481 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, 2017, are $205 and $205, respectively, and as of June 30, 2016, are $45 and $45, respectively.
Gain (Loss) on Investments [Table Text Block]	The following summarizes investment income (loss) reflected in earnings for the periods discussed: (dollars in thousands) Nine Months Ended March 31, Three Months Ended March 31, Investment Income 2017 2016 2017 2016 Realized gains on sales of available-for-sale securities $ 31 $ 545 $ - $ 14 Realized gains (losses) on sales of trading securities - (32 ) - 3 Unrealized gains (losses) on trading securities 16 (103 ) 42 30 Realized foreign currency gains (losses) (25 ) 24 (20 ) (28 ) Other-than-temporary declines in available-for-sale securities (16 ) (259 ) - - Other-than-temporary declines in securities held at cost - (258 ) - - Dividend and interest income 657 494 139 129 Total Investment Income $ 663 $ 411 $ 161 $ 148
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. The Company reviewed the gross unrealized losses shown as of March 31, 2017, and determined that the losses were not other-than-temporary based on consideration of the nature of the investment and the cause, severity and duration of the loss. March 31, 2017 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 295 (233 ) - - 295 (233 ) Corporate debt - - - - - - Mutual funds - Fixed income - - 98 (2 ) 98 (2 ) Mutual funds - Domestic equity - - - - - - Other - - - - - - Total available-for-sale securities $ 295 $ (233 ) $ 98 $ (2 ) $ 393 $ (235 ) June 30, 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 246 (60 ) 23 (23 ) 269 (83 ) Corporate debt - - - - - - Mutual funds - Fixed income 1 - 201 (23 ) 202 (23 ) Mutual funds - Domestic equity - - - - - - Other - - - - - - Total available-for-sale securities $ 247 $ (60 ) $ 224 $ (46 ) $ 471 $ (106 )
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	The following presents fair value measurements, as of March 31, 2017, and June 30, 2016, for the major categories of U.S. Global’s investments measured at fair value on a recurring basis: March 31, 2017 Significant Significant Other Unobservable Quoted Prices Inputs Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total Trading securities Mutual funds - Fixed income $ 8,927 $ - $ - $ 8,927 Mutual funds - Domestic equity 363 - - 363 Other - - - - Offshore fund investment measured at net asset value 1 430 Total trading securities 9,290 - - 9,720 Available-for-sale securities Common stock - Domestic 125 - - 125 Common stock - International 347 - - 347 Corporate debt 1,435 - - 1,435 Mutual funds - Fixed income 1,147 - - 1,147 Mutual funds - Domestic equity 408 - - 408 Other 62 - - 62 Total available-for-sale securities 3,524 - - 3,524 Total $ 12,814 $ - $ - $ 13,244 June 30, 2017 Significant Significant Other Unobservable Quoted Prices Inputs Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total Trading securities Mutual funds - Fixed income $ 9,408 $ - $ - $ 9,408 Mutual funds - Domestic equity 338 - - 338 Other - - - - Offshore fund investment measured at net asset value 1 358 Total trading securities 9,746 - - 10,104 Available-for-sale securities Common stock - Domestic 130 - - 130 Common stock - International 546 - - 546 Corporate debt 1,124 - - 1,124 Mutual funds - Fixed income 1,221 - - 1,221 Mutual funds - Domestic equity 396 - - 396 Other 64 - - 64 Total available-for-sale securities 3,481 - - 3,481 Total $ 13,227 $ - $ - $ 13,585 1 In accordance with Subtopic 820-10, certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Consolidated Balance Sheets.
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, 2017, and March 31, 2016: Changes in Level 3 Assets Measured at Fair Value on a Recurring Basis March 31, 2017 March 31, 2016 (dollars in thousands) Corporate Debt Beginning Balance $ - $ 539 Return of capital - (13 ) 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 - - Transfers out of Level 3 - (1,001 ) Ending Balance $ - $ 212

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Mar. 31, 2017
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) 2017 2016 2017 2016 Net Income (Loss) Income (loss) from continuing operations $ 256 $ (3,435 ) $ (33 ) $ (376 ) Less: Income (loss) attributable to non-controlling interest in subsidiary 18 (23 ) - (26 ) Income (loss) from continuing operations attributable to U.S. Global Investors, Inc. 238 (3,412 ) (33 ) (350 ) Loss from discontinued operations attributable to U.S. Global Investors, Inc. - (18 ) - - Net income (loss) attributable to U.S. Global Investors, Inc. $ 238 $ (3,430 ) $ (33 ) $ (350 ) Weighted average number of outstanding shares Basic 15,220,134 15,306,676 15,200,280 15,277,098 Effect of dilutive securities Employee stock options - - - - Diluted 15,220,134 15,306,676 15,200,280 15,277,098 Earnings Per Share Attributable to U.S. Global Investors, Inc. Basic Income (loss) from continuing operations $ 0.02 $ (0.22 ) $ - $ (0.02 ) Loss from discontinued operations - - - - Net income (loss) $ 0.02 $ (0.22 ) $ - $ (0.02 ) Diluted Income (loss) from continuing operations $ 0.02 $ (0.22 ) $ - $ (0.02 ) Loss from discontinued operations - - - - Net income (loss) $ 0.02 $ (0.22 ) $ - $ (0.02 )

ACCUMULATED OTHER COMPREHENSI22

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS ) (Tables)	9 Months Ended
	Mar. 31, 2017
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, 2017 Balance at June 30, 2016 $ 45 $ (194 ) $ (149 ) Other comprehensive income (loss) before reclassifications 175 (27 ) 148 Tax effect - - - Amount reclassified from AOCI (15 ) - (15 ) Tax effect - - - Net other comprehensive income (loss) for nine months ended March 31, 2017 160 (27 ) 133 Balance at March 31, 2017 $ 205 $ (221 ) $ (16 ) Three Months Ended March 31, 2017 Balance at December 31, 2016 $ 399 $ (229 ) $ 170 Other comprehensive income (loss) before reclassifications (194 ) 8 (186 ) Tax effect - - - Amount reclassified from AOCI - - - Tax effect - - - Net other comprehensive income (loss) for quarter (194 ) 8 (186 ) Balance at March 31, 2017 $ 205 $ (221 ) $ (16 ) (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 ) 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 BUSI23

FINANCIAL INFORMATION BY BUSINESS SEGMENT (Tables)	9 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	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, 2017 Net operating revenues $ 4,405 $ 887 $ - $ 5,292 Net other income $ - $ - $ 663 $ 663 Income (loss) from continuing operations before income taxes $ (413 ) $ 36 $ 646 $ 269 Depreciation and amortization $ 179 $ 12 $ - $ 191 Capital expenditures $ - $ - $ - $ - Gross identifiable assets at March 31, 2017 $ 6,027 $ 1,606 $ 18,403 $ 26,036 Deferred tax asset $ - Consolidated total assets at March 31, 2017 $ 26,036 Nine months ended March 31, 2016 Net operating revenues $ 2,990 $ 879 $ - $ 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 Three months ended March 31, 2017 Net operating revenues $ 1,384 $ 285 $ - $ 1,669 Net other income $ - $ - $ 161 $ 161 Income (loss) from continuing operations before income taxes $ (190 ) $ 6 $ 154 $ (30 ) Depreciation and amortization $ 60 $ 4 $ - $ 64 Capital expenditures $ - $ - $ - $ - Three months ended March 31, 2016 Net operating revenues $ 1,075 $ 255 $ - $ 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 $ - $ - $ - $ -

DISCONTINUED OPERATIONS (Tables

DISCONTINUED OPERATIONS (Tables)	9 Months Ended
	Mar. 31, 2017
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations [Table Text Block]	The components of loss from discontinued operations were as follows for the three and nine months ended March 31, 2017, and March 31, 2016: Nine Months Ended March 31, Three Months Ended March 31, (dollars in thousands) 2017 2016 2017 2016 Revenues Distribution fees $ - $ 425 $ - $ - Shareholder services fees - 183 - - - 608 - - Expenses Employee compensation and benefits - 188 - - General and administrative - 77 - - Platform fees - 347 - - Advertising - 14 - - - 626 - - Loss from discontinued operations of distributor before income taxes - (18 ) - - Tax benefit - - - - Loss from discontinued operations of distributor $ - $ (18 ) $ - $ -

BASIS OF PRESENTATION (Details)

BASIS OF PRESENTATION (Details) - USD ($) $ in Millions	9 Months Ended
	Mar. 31, 2017	Jun. 30, 2016
BASIS OF PRESENTATION (Details) [Line Items]
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net	$ 11.4	$ 11.8
Galileo [Member]
BASIS OF PRESENTATION (Details) [Line Items]
Subsidiary or Equity Method Investee, Cumulative Percentage Ownership after All Transactions	65.00%

INVESTMENTS (Details)

INVESTMENTS (Details) $ in Thousands		3 Months Ended		9 Months Ended
		Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)	Jun. 30, 2016USD ($)
INVESTMENTS (Details) [Line Items]
Fair value of investments held		$ 13,244		$ 13,244		$ 13,585
Cost basis of investments held		$ 14,000		$ 14,000
Market value of investments to Company's total assets		50.90%		50.90%
Other investments		$ 2,637		$ 2,637		1,924
Available-for-sale, net unrealized gain (loss), gross		205		205		45
Available-for-sale, net unrealized gain (loss), net of tax		205		205		$ 45
Other-than-temporary impairments		0	$ 0	16	$ 259
Cost-method Investments, Other than Temporary Impairment		$ 0	0	$ 0	$ 258
Percentage of Financial Assets Derived From Level 1 Inputs Measured at Fair Value		100.00%		100.00%		100.00%
Trading Securities	[1]	$ 9,720		$ 9,720		$ 10,104
U.S. Global Investors Funds [Member]
INVESTMENTS (Details) [Line Items]
Fair value of investments held		10,700		10,700
Offshore Fund [Member]
INVESTMENTS (Details) [Line Items]
Fair value of investments held		430		430
Offshore Fund [Member] | Net Asset Value Per Share [Member]
INVESTMENTS (Details) [Line Items]
Trading Securities		$ 430		$ 430		$ 358
Minimum redmption notice				45 days
Impaired Securities [Member]
INVESTMENTS (Details) [Line Items]
Number of positions, subject to impairment loss				2	8
Available-for-Sale Securities, Combined Cost Basis of Impaired Securities				$ 98	$ 702
Available-for-Sale Securities, Combined Fair Value of Impaired Securities				$ 82	$ 466
Number of Impaired Securities Held at Cost					3
Cost Method Investments, Original Cost			1,100		$ 1,100
Cost Method Investments			$ 867		867
Impaired Securities, Net Present Value of Estimated Cash Flows [Member] | Corporate Debt Securities [Member]
INVESTMENTS (Details) [Line Items]
Available-for-Sale Securities, Combined Cost Basis of Impaired Securities					970
Available-for-Sale Securities, Combined Fair Value of Impaired Securities					$ 947
[1]	Unrealized and realized gains and losses on trading securities are included in earnings in the statement of operations.

INVESTMENTS (Details) - Compone

INVESTMENTS (Details) - Components of Company's Trading and Available-for-Sale Investments - USD ($) $ in Thousands		Mar. 31, 2017	Jun. 30, 2016
Trading securities1
Trading, cost	[1]	$ 10,648	$ 11,048
Trading, gross unrealized gain	[1]	50	124
Trading, gross unrealized (losses)	[1]	(978)	(1,068)
Trading, fair value	[1]	9,720	10,104
Available-for-sale securities2
Available-for-sale, cost	[2],[3]	3,319	3,436
Available-for-sale, gross unrealized gain	[2],[3]	440	151
Available-for-sale, gross unrealized (losses)	[2],[3]	(235)	(106)
Available-for-sale, fair value	[2],[3]	3,524	3,481
Fixed Income Securities [Member]
Trading securities1
Trading, cost	[1]	8,884	9,284
Trading, gross unrealized gain	[1]	50	124
Trading, gross unrealized (losses)	[1]	(7)	0
Trading, fair value	[1]	8,927	9,408
Available-for-sale securities2
Available-for-sale, cost	[3]	1,148	1,226
Available-for-sale, gross unrealized gain	[3]	1	18
Available-for-sale, gross unrealized (losses)	[3]	(2)	(23)
Available-for-sale, fair value	[3]	1,147	1,221
Mutual Funds, Domestic Equity [Member]
Trading securities1
Trading, cost	[1]	535	535
Trading, gross unrealized gain	[1]	0	0
Trading, gross unrealized (losses)	[1]	(172)	(197)
Trading, fair value	[1]	363	338
Available-for-sale securities2
Available-for-sale, cost	[3]	394	394
Available-for-sale, gross unrealized gain	[3]	14	2
Available-for-sale, gross unrealized (losses)	[3]	0	0
Available-for-sale, fair value	[3]	408	396
Other Securities [Member]
Trading securities1
Trading, cost	[1]	45	45
Trading, gross unrealized gain	[1]	0	0
Trading, gross unrealized (losses)	[1]	(45)	(45)
Trading, fair value	[1]	0	0
Available-for-sale securities2
Available-for-sale, cost	[3]	55	56
Available-for-sale, gross unrealized gain	[3]	7	8
Available-for-sale, gross unrealized (losses)	[3]	0	0
Available-for-sale, fair value	[3]	62	64
Offshore Fund [Member]
Trading securities1
Trading, cost	[1]	1,184	1,184
Trading, gross unrealized gain	[1]	0	0
Trading, gross unrealized (losses)	[1]	(754)	(826)
Trading, fair value	[1]	430	358
Common Stock - Domestic [Member]
Available-for-sale securities2
Available-for-sale, cost	[3]	109	109
Available-for-sale, gross unrealized gain	[3]	16	21
Available-for-sale, gross unrealized (losses)	[3]	0	0
Available-for-sale, fair value	[3]	125	130
Common Stock - International [Member]
Available-for-sale securities2
Available-for-sale, cost	[3]	575	613
Available-for-sale, gross unrealized gain	[3]	5	16
Available-for-sale, gross unrealized (losses)	[3]	(233)	(83)
Available-for-sale, fair value	[3]	347	546
Corporate Debt Securities [Member]
Available-for-sale securities2
Available-for-sale, cost	[3]	1,038	1,038
Available-for-sale, gross unrealized gain	[3]	397	86
Available-for-sale, gross unrealized (losses)	[3]	0	0
Available-for-sale, fair value	[3]	$ 1,435	$ 1,124
[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, 2017, are $205 and $205, respectively, and as of June 30, 2016, are $45 and $45, 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) - Investm

INVESTMENTS (Details) - Investment Income (Loss) Reflected in Earnings - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Investments Debt And Equity Securities Abstract
Realized gains on sales of available-for-sale securities	$ 0	$ 14	$ 31	$ 545
Realized gains (losses) on sales of trading securities	0	3	0	(32)
Unrealized gains (losses) on trading securities	42	30	16	(103)
Realized foreign currency gains (losses)	(20)	(28)	(25)	24
Other-than-temporary declines in available-for-sale securities	0	0	(16)	(259)
Other-than-temporary declines in securities held at cost	0	0	0	(258)
Dividend and interest income	139	129	657	494
Total Investment Income	$ 161	$ 148	$ 663	$ 411

INVESTMENTS (Details) - Summary

INVESTMENTS (Details) - Summary of Gross Unrealized Losses and Fiar Value of Available-for-Sale Investments - USD ($) $ in Thousands	Mar. 31, 2017	Jun. 30, 2016
Available-for-sale securities
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	$ 295	$ 247
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	(233)	(60)
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, fair value	98	224
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, gross unrealized loss	(2)	(46)
Available-for-sale securities, continuous unrealized loss position, fair value, total	393	471
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	(235)	(106)
Common Stock - Domestic [Member]
Available-for-sale securities
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	0	0
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	0	0
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	0
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	0	0
Common Stock - International [Member]
Available-for-sale securities
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	295	246
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	(233)	(60)
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, fair value	0	23
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, gross unrealized loss	0	(23)
Available-for-sale securities, continuous unrealized loss position, fair value, total	295	269
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	(233)	(83)
Corporate Debt Securities [Member]
Available-for-sale securities
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	0	0
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	0	0
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	0
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	0	0
Fixed Income Securities [Member]
Available-for-sale securities
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	0	1
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	0	0
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, fair value	98	201
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, gross unrealized loss	(2)	(23)
Available-for-sale securities, continuous unrealized loss position, fair value, total	98	202
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	(2)	(23)
Mutual Funds, Domestic Equity [Member]
Available-for-sale securities
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	0	0
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	0	0
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	0
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	0	0
Other Securities [Member]
Available-for-sale securities
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	0	0
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	0	0
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	0
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	$ 0	$ 0

INVESTMENTS (Details) - Fair Va

INVESTMENTS (Details) - Fair Value, Assets Measured on Recurring Basis - USD ($) $ in Thousands		Mar. 31, 2017	Jun. 30, 2016
Trading securities
Trading securities, at fair value	[1]	$ 9,720	$ 10,104
Available-for-sale securities
Total available-for-sale securities	[2],[3]	3,524	3,481
Total Investments		13,244	13,585
Fixed Income Securities [Member]
Trading securities
Trading securities, at fair value	[1]	8,927	9,408
Available-for-sale securities
Total available-for-sale securities	[3]	1,147	1,221
Mutual Funds, Domestic Equity [Member]
Trading securities
Trading securities, at fair value	[1]	363	338
Available-for-sale securities
Total available-for-sale securities	[3]	408	396
Other Securities [Member]
Trading securities
Trading securities, at fair value	[1]	0	0
Available-for-sale securities
Total available-for-sale securities	[3]	62	64
Offshore Fund [Member]
Trading securities
Trading securities, at fair value	[1]	430	358
Common Stock - Domestic [Member]
Available-for-sale securities
Total available-for-sale securities	[3]	125	130
Common Stock - International [Member]
Available-for-sale securities
Total available-for-sale securities	[3]	347	546
Corporate Debt Securities [Member]
Available-for-sale securities
Total available-for-sale securities	[3]	1,435	1,124
Fair Value, Inputs, Level 1 [Member]
Trading securities
Trading securities, at fair value		9,290	9,746
Available-for-sale securities
Total available-for-sale securities		3,524	3,481
Total Investments		12,814	13,227
Fair Value, Inputs, Level 1 [Member] | Fixed Income Securities [Member]
Trading securities
Trading securities, at fair value		8,927	9,408
Available-for-sale securities
Total available-for-sale securities		1,147	1,221
Fair Value, Inputs, Level 1 [Member] | Mutual Funds, Domestic Equity [Member]
Trading securities
Trading securities, at fair value		363	338
Available-for-sale securities
Total available-for-sale securities		408	396
Fair Value, Inputs, Level 1 [Member] | Other Securities [Member]
Trading securities
Trading securities, at fair value		0	0
Available-for-sale securities
Total available-for-sale securities		62	64
Fair Value, Inputs, Level 1 [Member] | Offshore Fund [Member]
Trading securities
Trading securities, at fair value
Fair Value, Inputs, Level 1 [Member] | Common Stock - Domestic [Member]
Available-for-sale securities
Total available-for-sale securities		125	130
Fair Value, Inputs, Level 1 [Member] | Common Stock - International [Member]
Available-for-sale securities
Total available-for-sale securities		347	546
Fair Value, Inputs, Level 1 [Member] | Corporate Debt Securities [Member]
Available-for-sale securities
Total available-for-sale securities		1,435	1,124
Fair Value, Inputs, Level 2 [Member]
Trading securities
Trading securities, at fair value		0	0
Available-for-sale securities
Total available-for-sale securities		0	0
Total Investments		0	0
Fair Value, Inputs, Level 2 [Member] | Fixed Income Securities [Member]
Trading securities
Trading securities, at fair value		0	0
Available-for-sale securities
Total available-for-sale securities		0	0
Fair Value, Inputs, Level 2 [Member] | Mutual Funds, Domestic Equity [Member]
Trading securities
Trading securities, at fair value		0	0
Available-for-sale securities
Total available-for-sale securities		0	0
Fair Value, Inputs, Level 2 [Member] | Other Securities [Member]
Trading securities
Trading securities, at fair value		0	0
Available-for-sale securities
Total available-for-sale securities		0	0
Fair Value, Inputs, Level 2 [Member] | Offshore Fund [Member]
Trading securities
Trading securities, at fair value
Fair Value, Inputs, Level 2 [Member] | Common Stock - Domestic [Member]
Available-for-sale securities
Total available-for-sale securities		0	0
Fair Value, Inputs, Level 2 [Member] | Common Stock - International [Member]
Available-for-sale securities
Total available-for-sale securities		0	0
Fair Value, Inputs, Level 2 [Member] | Corporate Debt Securities [Member]
Available-for-sale securities
Total available-for-sale securities		0	0
Fair Value, Inputs, Level 3 [Member]
Trading securities
Trading securities, at fair value		0	0
Available-for-sale securities
Total available-for-sale securities		0	0
Total Investments		0	0
Fair Value, Inputs, Level 3 [Member] | Fixed Income Securities [Member]
Trading securities
Trading securities, at fair value		0	0
Available-for-sale securities
Total available-for-sale securities		0	0
Fair Value, Inputs, Level 3 [Member] | Mutual Funds, Domestic Equity [Member]
Trading securities
Trading securities, at fair value		0	0
Available-for-sale securities
Total available-for-sale securities		0	0
Fair Value, Inputs, Level 3 [Member] | Other Securities [Member]
Trading securities
Trading securities, at fair value		0	0
Available-for-sale securities
Total available-for-sale securities		0	0
Fair Value, Inputs, Level 3 [Member] | Offshore Fund [Member]
Trading securities
Trading securities, at fair value
Fair Value, Inputs, Level 3 [Member] | Common Stock - Domestic [Member]
Available-for-sale securities
Total available-for-sale securities		0	0
Fair Value, Inputs, Level 3 [Member] | Common Stock - International [Member]
Available-for-sale securities
Total available-for-sale securities		0	0
Fair Value, Inputs, Level 3 [Member] | Corporate Debt Securities [Member]
Available-for-sale securities
Total available-for-sale securities		$ 0	$ 0
[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, 2017, are $205 and $205, respectively, and as of June 30, 2016, are $45 and $45, 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) - Fair 31

INVESTMENTS (Details) - Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation - USD ($) $ in Thousands	9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Fair Value Assets And Liabilities Measured On Recurring Basis Unobservable Input Reconciliation Abstract
Beginning Balance	$ 0	$ 539
Ending Balance	0	212
Return of capital	0	(13)
Total gains or losses (realized/unrealized)
Included in earnings (investment income)	0	(23)
Included in other comprehensive income (loss)	0	710
Purchases	0	0
Sales	0	0
Transfers into Level 3	0	0
Transfers out of Level 3	$ 0	$ (1,001)

INVESTMENT MANAGEMENT AND OTH32

INVESTMENT MANAGEMENT AND OTHER FEES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		23 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016	Dec. 09, 2015
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Advisory fees	$ 1,604	$ 1,279	$ 5,064	$ 3,615
Galileo [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Advisory fees	285	255	887	879
Fund Clients [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Receivables	626		626
U.S. Global Investors Funds [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Advisory fees	$ 1,200	869	$ 3,800	2,600
Base percentage adjustment, fund performance not within benchmark index	0.25%		0.25%
Minimum performance to designated benchmark over prior rolling twelve months, percent	5.00%		5.00%
Increase (decrease) in base advisory fees realized	$ (16)	58	$ 14	(180)
Aggregate Fees Waived and Expenses Borne	218	311	764	1,100
Administrative services fees, per fund					$ 7
U.S. Global Investors Funds [Member] | Fund Clients [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Receivables	448		$ 448
U.S. Global Investors Funds [Member] | Investor Class Shares [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Administrative fee rate			0.05%		0.10%
U.S. Global Investors Funds [Member] | Institutional Class Shares [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Administrative fee rate			0.04%		0.08%
U. S. Global Jets EFT [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Advisory fees	$ 98	74	$ 239	217
Unitary Management Fee, Percentage of Average Net Assets	0.60%		0.60%
Offshore Clients [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Advisory fees	$ 34	22	$ 102	66
Performance Fees	$ 0	$ 0	$ 0	$ 0

NOTES RECEIVABLE (Details)

NOTES RECEIVABLE (Details) $ in Thousands	9 Months Ended
	Mar. 31, 2017USD ($)
NOTES RECEIVABLE (Details) [Line Items]
Number of promissory notes	2
Note Receivable #1 [Member]
NOTES RECEIVABLE (Details) [Line Items]
Note Receivable, Face Amount (in Dollars)	$ 2,000
Note recievable, Maturity	June 2,017
Note Receivable, Description	The note has a one-year extension option by the issuer upon payment of a 2.5 percent extension fee.
Note receivable, interest rate	12.00%
Note Receivable #1 [Member] | Portion Payable Monthly [Member]
NOTES RECEIVABLE (Details) [Line Items]
Note receivable, interest rate	10.00%
Note Receivable #1 [Member] | Portion Payable at Maturity [Member]
NOTES RECEIVABLE (Details) [Line Items]
Note receivable, interest rate	2.00%
Notes Receivable #2 [Member]
NOTES RECEIVABLE (Details) [Line Items]
Note Receivable, Face Amount (in Dollars)	$ 234
Note recievable, Maturity	2,021
Note receivable, interest rate	15.00%

BORROWINGS (Details)

BORROWINGS (Details) $ in Millions	9 Months Ended
	Mar. 31, 2017USD ($)
Debt Disclosure [Abstract]
Long-term liabilities	$ 0
Credit facility with a one-year maturity for working capital	$ 1
Amended credit agreement expiration date	May 31, 2017
Debt Instrument, Collateral Amount	$ 1

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended			9 Months Ended
	Jun. 30, 2017	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016	Dec. 06, 2016	Dec. 09, 2015	Dec. 10, 2014	Dec. 12, 2013	Dec. 07, 2012
STOCKHOLDERS' EQUITY (Details) [Line Items]
Repurchasing Amount				$ 97	$ 269
Options exercisable (in Shares)		2,000		2,000
Options outstanding (in Shares)		2,000		2,000
Weighted average exercise price, exercisable options (in Dollars per share)		$ 12.31		$ 12.31
Number of options exercised (in Shares)				0
Number of options forfeited (in Shares)				0
Number of options granted (in Shares)				0
Share-based Compensation		$ 0	$ 0	$ 0	$ 0
Share Repurchase Plan - December 2012 [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Stock repurchase program, authorized amount										$ 2,750
Share Repurchase Renewal, December 2014 [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Stock repurchase program, authorized amount								$ 2,750
Share Repurchase Renewal, December 2013 [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Stock repurchase program, authorized amount									$ 2,750
Share Repurchase Renewal, December 2016 [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Stock repurchase program, authorized amount						$ 2,750
Share Repurchase Renewal, December 2015 [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Stock repurchase program, authorized amount							$ 2,750
Common Class A [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Number of shares repurchased (in Shares)		9,879		57,431
Repurchasing Amount		$ 17		$ 97
Monthly Dividend Authorized [Member] | Scenario, Forecast [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Monthly Dividend Declared (in Dollars per share)	$ 0.0025
Monthly Dividends Paid [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Common Stock, Dividends, Per Share, Cash Paid (in Dollars per share)				$ 0.0025

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - shares	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Employee Stock Option [Member]
EARNINGS PER SHARE (Details) [Line Items]
Employee stock options excluded from diluted EPS	2,000	2,000	2,000	2,000

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, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Net Income (Loss)
Income (loss) from continuing operations (in Dollars)	$ (33)	$ (376)	$ 256	$ (3,435)
Less: Income (loss) attributable to non-controlling interest in subsidiary (in Dollars)	0	(26)	18	(23)
Income (loss) from continuing operations attributable to U.S. Global Investors, Inc. (in Dollars)	(33)	(350)	238	(3,412)
Loss from discontinued operations attributable to U.S. Global Investors, Inc. (in Dollars)	0	0	0	(18)
Net income (loss) attributable to U.S. Global Investors, Inc. (in Dollars)	$ (33)	$ (350)	$ 238	$ (3,430)
Weighted average number of outstanding shares
Basic (in Shares)	15,200,280	15,277,098	15,220,134	15,306,676
Effect of dilutive securities
Employee stock options (in Shares)	0	0	0	0
Diluted (in Shares)	15,200,280	15,277,098	15,220,134	15,306,676
Basic
Income (loss) from continuing operations	$ 0	$ (0.02)	$ 0.02	$ (0.22)
Loss from discontinued operations	0	0	0	0
Net income (loss)	0	(0.02)	0.02	(0.22)
Diluted
Income (loss) from continuing operations	0	(0.02)	0.02	(0.22)
Loss from discontinued operations	0	0	0	0
Net income (loss)	$ 0	$ (0.02)	$ 0.02	$ (0.22)

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Jun. 30, 2016
INCOME TAXES (Details) [Line Items]
Valuation allowance	$ 3,000	$ 3,100
Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover	5,100
Domestic Tax Authority [Member] | Charitable Contributions [Member]
INCOME TAXES (Details) [Line Items]
Charitable contribution carryovers	146
Domestic Tax Authority [Member] | Expiring in Fiscal Year 2035 [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover	2,400
Domestic Tax Authority [Member] | Expiring in Fiscal Year 2036 [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover	2,700
Domestic Tax Authority [Member] | Expiring in Fiscal Year 2021 [Member] | Charitable Contributions [Member]
INCOME TAXES (Details) [Line Items]
Charitable contribution carryovers	5
Domestic Tax Authority [Member] | Expiring in Fiscal Year 2018 [Member] | Charitable Contributions [Member]
INCOME TAXES (Details) [Line Items]
Charitable contribution carryovers	68
Domestic Tax Authority [Member] | Expiring in Fiscal Year 2019 [Member] | Charitable Contributions [Member]
INCOME TAXES (Details) [Line Items]
Charitable contribution carryovers	34
Domestic Tax Authority [Member] | Expiring Fiscal Year 2022 [Member] | Charitable Contributions [Member]
INCOME TAXES (Details) [Line Items]
Charitable contribution carryovers	20
Domestic Tax Authority [Member] | Expiring in Fiscal Year 2020 [Member] | Charitable Contributions [Member]
INCOME TAXES (Details) [Line Items]
Charitable contribution carryovers	19
Foreign Tax Authority [Member] | Galileo [Member]
INCOME TAXES (Details) [Line Items]
Cumulative Eligible Capital Carryovers with No Expiration	247
Foreign Tax Authority [Member] | Expiring in Fiscal Year 2036 [Member] | Galileo [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover	120
Foreign Tax Authority [Member] | Expiring in Fiscal Year 2027 [Member] | Galileo [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover	112
Foreign Tax Authority [Member] | Expiring in Fiscal Year 2030 [Member] | Galileo [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover	$ 44

ACCUMULATED OTHER COMPREHENSI39

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS ) (Details) - Schedule of Accumulated Other Comprehensive Income (Loss) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), net of tax, begining of period		$ 170	$ (511)	$ (149)	$ (483)
Accumulated other comprehensive income (loss), net of tax, end of period		(16)	(45)	(16)	(45)
Other comprehensive income (loss) before reclassifications		(186)	480	148	724
Tax effect		0	0	0	0
Amount reclassified from AOCI		0	(14)	(15)	(286)
Tax effect		0	0	0	0
Net other comprehensive income (loss) for quarter		(186)	466	133	438
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), net of tax, begining of period	[1]	399	(254)	45	(339)
Accumulated other comprehensive income (loss), net of tax, end of period	[1]	205	149	205	149
Other comprehensive income (loss) before reclassifications	[1]	(194)	417	175	774
Tax effect	[1]	0	0	0	0
Amount reclassified from AOCI	[1]	0	(14)	(15)	(286)
Tax effect	[1]	0	0	0	0
Net other comprehensive income (loss) for quarter	[1]	(194)	403	160	488
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), net of tax, begining of period		(229)	(257)	(194)	(144)
Accumulated other comprehensive income (loss), net of tax, end of period		(221)	(194)	(221)	(194)
Other comprehensive income (loss) before reclassifications		8	63	(27)	(50)
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) for quarter		$ 8	$ 63	$ (27)	$ (50)
[1]	Amounts reclassified from unrealized gains (losses) on available-for-sale investments, net of tax, were recorded in investment income (loss) on the Consolidated Statements of Operations.

FINANCIAL INFORMATION BY BUSI40

FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Number of Operating Segments			3
Net Operating Revenues	$ 1,669	$ 1,330	$ 5,292	$ 3,869
Investment Management Services [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net Operating Revenues	1,384	1,075	4,405	2,990
Investment Management Services - Canada [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net Operating Revenues	285	255	887	879
U.S. Global Investors Funds [Member] | Investment Management Services [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net Operating Revenues	1,300	977	4,100	2,700
Galileo Funds [Member] | Investment Management Services - Canada [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net Operating Revenues	215	193	663	689
Other advisory clients [Member] | Investment Management Services - Canada [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net Operating Revenues	$ 66	$ 60	$ 214	183
Discontinued Operations [Member] | U.S. Global Investors Funds [Member] | Investment Management Services [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Disposal Group, Including Discontinued Operation, Revenue				$ 608

FINANCIAL INFORMATION BY BUSI41

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, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016	Jun. 30, 2016
Segment Reporting Information [Line Items]
Net operating revenues	$ 1,669	$ 1,330	$ 5,292	$ 3,869
Net other income loss	161	148	663	411
Income (loss) before income taxes	(30)	(392)	269	(3,440)
Depreciation and amortization	64	80	191	240
Capital expenditures	0	0	0	13
Identifiable assets	26,036		26,036
Deferred tax asset	0		0
Consolidated total assets at March 31, 2017	26,036		26,036		$ 26,346
Nine months ended March 31, 2016
Loss from discontinued operations	0	0	0	(18)
Investment Management Services [Member]
Segment Reporting Information [Line Items]
Net operating revenues	1,384	1,075	4,405	2,990
Net other income loss	0	0	0	0
Income (loss) before income taxes	(190)	(511)	(413)	(3,727)
Depreciation and amortization	60	64	179	192
Capital expenditures	0	0	0	13
Identifiable assets	6,027		6,027
Nine months ended March 31, 2016
Loss from discontinued operations		0		(18)
Investment Management Services - Canada [Member]
Segment Reporting Information [Line Items]
Net operating revenues	285	255	887	879
Net other income loss	0	0	0	0
Income (loss) before income taxes	6	(41)	36	(130)
Depreciation and amortization	4	16	12	48
Capital expenditures	0	0	0	0
Identifiable assets	1,606		1,606
Nine months ended March 31, 2016
Loss from discontinued operations		0		0
Corporate Investments [Member]
Segment Reporting Information [Line Items]
Net operating revenues	0	0	0	0
Net other income loss	161	148	663	411
Income (loss) before income taxes	154	160	646	417
Depreciation and amortization	0	0	0	0
Capital expenditures	0	0	0	0
Identifiable assets	$ 18,403		$ 18,403
Nine months ended March 31, 2016
Loss from discontinued operations		$ 0		$ 0

CONTINGENCIES AND COMMITMENTS (

CONTINGENCIES AND COMMITMENTS (Details) - Scenario, Forecast [Member] $ / shares in Units, $ in Thousands	3 Months Ended
	Jun. 30, 2017USD ($)$ / shares
Class A and C [Member]
CONTINGENCIES AND COMMITMENTS (Details) [Line Items]
Amount of cash dividends to be paid to class A and C shareholders | $	$ 114
Monthly Dividend Authorized [Member]
CONTINGENCIES AND COMMITMENTS (Details) [Line Items]
Monthly Dividend Declared | $ / shares	$ 0.0025

DISCONTINUED OPERATIONS (Detail

DISCONTINUED OPERATIONS (Details)	5 Months Ended
	Dec. 09, 2015
Distributor [Member]
DISCONTINUED OPERATIONS (Details) [Line Items]
Investment Distribution Fee, Annual Rate, Percentage	0.25%

DISCONTINUED OPERATIONS (Deta44

DISCONTINUED OPERATIONS (Details) - Disposal Groups, Components of Income from Distributor Discontinued Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2017	Mar. 31, 2016
Expenses
Loss from discontinued operations of distributor before income taxes	$ 0	$ 0	$ 0	$ (18)
Tax benefit	0	0	0	0
Loss from discontinued operations of distributor	0	0	0	(18)
Distributor [Member]
Revenues
Operating revenue	0	0	0	608
Expenses
Employee compensation and benefits	0	0	0	188
General and administrative	0	0	0	77
Platform fees	0	0	0	347
Advertising	0	0	0	14
Expenses	0	0	0	626
Loss from discontinued operations of distributor before income taxes	0	0	0	(18)
Tax benefit	0	0	0	0
Loss from discontinued operations of distributor	0	0	0	(18)
Distributor [Member] | Distribution Fees [Member]
Revenues
Operating revenue	0	0	0	425
Distributor [Member] | Shareholder Services Fees [Member]
Revenues
Operating revenue	$ 0	$ 0	$ 0	$ 183