U.S. Global Investors (GROW) 10-K 5 Sep 19 2019 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Jun. 30, 2019	Aug. 22, 2019	Dec. 31, 2018
Document Information Line Items
Entity Registrant Name	U S GLOBAL INVESTORS INC
Document Type	10-K
Current Fiscal Year End Date	--06-30
Entity Public Float			$ 12,457,442
Amendment Flag	false
Entity Central Index Key	0000754811
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Document Period End Date	Jun. 30, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
Common Class A [Member]
Document Information Line Items
Entity Common Stock, Shares Outstanding		13,061,869
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		2,068,737

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018
Current Assets
Cash and cash equivalents	$ 2,949	$ 6,364
Restricted cash	1,025	1,000
Investments in securities at fair value	8,021	8,179
Accounts and other receivables	501	1,216
Note receivable	199	35
Prepaid expenses	344	328
Total Current Assets	13,039	17,122
Net Property and Equipment	1,746	1,970
Other Assets
Investments in securities at fair value, non-current	7,166	7,086
Other investments	1,404	2,207
Equity method investments	309	283
Note receivable, non-current	0	199
Other assets, non-current	72	65
Total Other Assets	8,951	9,840
Total Assets	23,736	28,932
Current Liabilities
Accounts payable	166	198
Accrued compensation and related costs	395	645
Dividends payable	113	113
Other accrued expenses	750	817
Total Current Liabilities	1,424	1,773
Long-Term Liabilities
Deferred tax liability	133	1,099
Total Long-Term Liabilities	133	1,099
Total Liabilities	1,557	2,872
Commitments and Contingencies (Note 18)
Shareholders’ Equity
Additional paid-in-capital	15,646	15,650
Treasury stock, class A shares at cost; 804,959 shares and 790,445 shares at June 30, 2019, and June 30, 2018, respectively	(1,888)	(1,878)
Accumulated other comprehensive income (loss), net of tax	(206)	1,858
Retained earnings	7,761	9,513
Total U.S. Global Investors Inc. Shareholders’ Equity	21,712	25,542
Non-Controlling Interest in Subsidiary	467	518
Total Shareholders’ Equity	22,179	26,060
Total Liabilities and Shareholders’ Equity	23,736	28,932
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

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Jun. 30, 2019	Jun. 30, 2018
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	13,866,751	13,866,691
Treasury stock, class A shares at cost; shares	804,959	790,445
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	2,068,797	2,068,857

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Operating Revenues
Revenues	$ 4,917	$ 6,261
Operating Expenses
Employee compensation and benefits	3,418	4,270
General and administrative	4,041	3,866
Advertising	198	172
Depreciation and amortization	224	241
	7,881	8,549
Operating Loss	(2,964)	(2,288)
Other Income (Loss)
Investment income (loss)	(1,564)	1,504
Income from equity method investments	23	1,624
Other income	89	46
	(1,452)	3,174
Income (Loss) Before Income Taxes	(4,416)	886
Provision for Income Taxes
Tax expense (benefit)	(977)	197
Net Income (Loss)	(3,439)	689
Less: Net Income (Loss) Attributable to Non-Controlling Interest	(51)	42
Net Income (Loss) Attributable to U.S. Global Investors, Inc.	$ (3,388)	$ 647
Earnings Per Share Attributable to U.S. Global Investors, Inc.
Basic (in Dollars per share)	$ (0.22)	$ 0.04
Diluted (in Dollars per share)	$ (0.22)	$ 0.04
Basic weighted average number of common shares outstanding (in Shares)	15,138,351	15,158,067
Diluted weighted average number of common shares outstanding (in Shares)	15,138,351	15,158,067
Investment Advisory Services [Member]
Operating Revenues
Revenues	$ 4,732	$ 6,013
Administrative Service [Member]
Operating Revenues
Revenues	$ 185	$ 248

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS ) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Net Income (Loss) Attributable to U.S. Global Investors, Inc.	$ (3,388)	$ 647
Other Comprehensive Income (Loss), Net of Tax:
Unrealized gains on available-for-sale securities arising during period 1	0	2,297
Less: reclassification adjustment for gains/losses included in net income 1	0	(669)
Net change from available-for-sale investments, net of tax 1	0	1,628
Foreign currency translation adjustment	3	(57)
Reclassification of foreign currency losses on redemption of equity method investment to net income	22	15
Other Comprehensive Income	25	1,586
Comprehensive Income (Loss)	(3,363)	2,233
Less: Comprehensive Loss Attributable to Non-Controlling Interest	0	(8)
Comprehensive Income (Loss) Attributable to U.S. Global Investors, Inc.	$ (3,363)	$ 2,241

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock [Member]Common Class A [Member]	Common Stock [Member]Common Class C [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Noncontrolling Interest [Member]	Total
Balance at Jun. 30, 2017	$ 347	$ 52	$ 15,646	$ (1,760)	$ 264	$ 9,321	$ 484	$ 24,354
Purchases of shares of Common Stock (class A)				(141)				(141)
Issuance of stock under ESPP shares of Common Stock (class A)				6				6
Dividends declared						(455)		(455)
Stock bonuses			2	17				19
Stock-based compensation expense			2					2
Other comprehensive income, net of tax					1,594		(8)	1,586
Net income (loss)						647	42	689
Balance at Jun. 30, 2018	347	52	15,650	(1,878)	1,858	9,513	518	26,060
Reclassification pursuant to adoption of ASU 2016-01, net of tax of $1,049					(2,089)	2,089
Balance at Jul. 01, 2018	347	52	15,650	(1,878)	(231)	11,602	518	26,060
Balance at Jun. 30, 2018	347	52	15,650	(1,878)	1,858	9,513	518	26,060
Purchases of shares of Common Stock (class A)				(24)				(24)
Issuance of stock under ESPP shares of Common Stock (class A)			(2)	6				4
Dividends declared						(453)		(453)
Stock bonuses			(4)	8				4
Stock-based compensation expense			2					2
Other comprehensive income, net of tax					25			25
Net income (loss)						(3,388)	(51)	(3,439)
Balance at Jun. 30, 2019	$ 347	$ 52	$ 15,646	$ (1,888)	$ (206)	$ 7,761	$ 467	$ 22,179

CONSOLIDATED STATEMENTS OF SH_2

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Parentheticals) - USD ($) $ in Thousands	Jul. 01, 2018	Jun. 30, 2019	Jun. 30, 2018
Reclassification pursuant to adoption of ASU 2016-01, tax (in Dollars)	$ 1,049
Common Class A [Member]
Purchases of shares of Common Stock (class A)		20,575	48,947
Common Class C [Member]
Number of shares converted		(60)	(90)
Common Stock [Member] | Common Class A [Member]
Balance	13,866,691	13,866,691	13,866,601
Balance		13,866,751	13,866,691
Purchases of shares of Common Stock (class A)		20,575	48,947
Issuance of stock under ESPP shares of Common Stock (class A)		2,461	2,605
Number of shares issued as result of stock conversion		60	90
Common Stock [Member] | Common Class C [Member]
Balance	2,068,857	2,068,857	2,068,947
Balance		2,068,797	2,068,857
Number of shares converted		(60)	(90)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Cash Flows from Operating Activities:
Net income (loss)	$ (3,439)	$ 689
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	224	241
Net recognized loss on securities	91	67
Accretion of discount on debt investment	0	(50)
Investment basis adjustment	(19)	(118)
Net income from equity method investment	(23)	(1,624)
Foreign currency transaction loss	22	15
Provision for deferred taxes	(966)	50
Stock bonuses	4	19
Stock-based compensation expense	2	2
Changes in operating assets and liabilities:
Accounts receivable and notes receivable	716	(751)
Prepaid expenses	(23)	(1)
Investment securities	2,571	805
Accounts payable and accrued expenses	(352)	622
Total adjustments	2,247	(723)
Net cash used in operating activities	(1,192)	(34)
Cash Flows from Investing Activities:
Purchase of investments in securities at fair value, non-current	(1,588)	(2,420)
Purchase of equity method investment	(230)	(902)
Purchase of other investments	(250)	0
Proceeds on sale of available-for-sale securities	0	2,130
Proceeds on sale of equity method investment	230	2,208
Proceeds from note receivable	35	2,000
Return of capital on investments	77	42
Net cash provided by (used in) investing activities	(1,726)	3,058
Cash Flows from Financing Activities:
Issuance of common stock	4	6
Repurchases of common stock	(24)	(141)
Dividends paid	(454)	(455)
Net cash used in financing activities	(474)	(590)
Effects of foreign currency translation	2	(28)
Net increase (decrease) in cash, cash equivalents, and restricted cash	(3,390)	2,406
Beginning cash, cash equivalents, and restricted cash	7,364	4,958
Ending cash, cash equivalents, and restricted cash	3,974	7,364
Supplemental Disclosures of Cash Flow Information
Cash paid for income taxes	124	9
Reinvestment of capital distribution from equity method investment	$ 0	$ 32

ORGANIZATION

ORGANIZATION	12 Months Ended
	Jun. 30, 2019
Disclosure Text Block [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 1. ORGANIZATION U.S. Global Investors, Inc. (the “Company” or “U.S. Global”) serves as investment adviser to U.S. Global Investors Funds (“USGIF” or the “Fund(s)”), a Delaware statutory trust that is a no-load, open-end investment company offering shares in numerous mutual funds to the investing public. The Company also provides administrative services to USGIF. For these services, the Company receives fees from USGIF. The Company also provides advisory services to SEC registered exchange traded funds (“ETFs”) and formerly provided advisory services to offshore clients. The Company holds a controlling interest in Galileo Global Equity Advisors Inc. (“Galileo”), a privately held Toronto-based asset management firm. The Company has the following subsidiaries utilized primarily for corporate investment purposes: U.S. Global Investors (Bermuda) Limited (“USBERM”), incorporated in Bermuda, and U.S. Global Investors (Canada) Limited (“USCAN”). The Company created U.S. Global Indices, LLC, a Texas limited liability company, of which the Company is the sole member, to provide indexing services to exchange-traded funds managed by the Company. U.S. Global formed U.S. Global Brokerage, Inc. (“USGB”) to provide distribution services to USGIF. USGB ceased operations in December 2015. On July 27, 2018, USGB was dissolved.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	NOTE 2. SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation. The Company, through USCAN, owns 65 percent of the issued and outstanding shares of Galileo, which represents controlling interest of Galileo. Galileo is consolidated with USCAN and the non-controlling interest in this subsidiary is included in “non-controlling interest in subsidiary” in the equity section of the Consolidated Balance Sheets. There are two primary consolidation models in U.S. GAAP, the variable interest entity (“VIE”) and voting interest entity models. The Company’s evaluation for consolidation includes whether entities in which it has an interest or from which it receives fees are 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 lacks 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, specifically, certain funds in USGIF and, until November 2017, one of the offshore funds. 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 4 for information regarding fee waivers). The Company has not provided financial support to any of these entities outside the ordinary course of business. The Company’s risk of loss with respect to these 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 $8.8 million at June 30, 2019, and $9.6 million at June 30, 2018. Since the Company is not the primary beneficiary of the above funds it advises, the Company evaluated if it should consolidate under the voting interest entity model. Under the voting interest model, for legal entities other than partnerships, the usual condition for control is ownership, directly or indirectly, of more than 50 percent of the outstanding voting shares over an entity. The Company does not have control of any of the above funds it advises; therefore, the Company does not consolidate any of these funds. The Company currently holds a variable interest in a fund organized as a limited partnership advised by Galileo, and during fiscal year 2018 and 2019 held variable interests in two other funds advised by Galileo, but these entities do not qualify as VIEs. Since they are not VIEs, the Company evaluated if it should consolidate them under the voting interest entity model. Under the voting interest model, for legal entities other than partnerships, the usual condition for control is ownership, directly or indirectly, of more than 50 percent of the outstanding voting shares over an entity. The Company does not have control of the entities and, therefore, does not consolidate them. However, the Company was considered to have the ability to exercise significant influence. Thus, the investments have been accounted for under the equity method of accounting. See further information about these investments in Note 3. All significant intercompany balances and transactions have been eliminated in consolidation. Certain amounts have been reclassified for comparative purposes. Business Combinations. Cash and Cash Equivalents. Restricted Cash. Investments. Investments in Equity Securities. Investments in Debt Securities. Other Investments. Equity Method Investments. Fair Value of Financial Instruments. Receivables . Property and Equipment. Leases. Impairment of Long-Lived Assets. Intangible Asset. Non-Controlling Interests. Treasury Stock. Stock-Based Compensation . Income Taxes. The Company accounts for income taxes in accordance with ASC 740, Income Taxes Revenue Recognition. Investment Advisory Fees. Performance Fees. Investment Advisory Fees - Canada. Performance Fees - Canada. Administrative Services Fees. Fee Waivers. Dividends and Interest. Advertising Costs. Foreign Exchange . Use of Estimates. Earnings Per Share. Earnings Per Share Accumulated Other Comprehensive Income (Loss). Recent Accounting Pronouncements and Developments Accounting Pronouncements Adopted During the Period The FASB issued ASU 2014-09, Revenue from Contracts with Customers, In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities Technical Corrections and Improvements to Financial Instruments - Overall (Subtopic 825-10) In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement Accounting Pronouncements Not Yet Adopted In February 2016, the FASB issued ASU 2016-02, Leases , In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments , In February 2018, the FASB issued ASU 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income In April 2019, the FASB issued ASU 2019-04, Codification Improvements to Topic 326, Financial Instruments - Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments

INVESTMENTS

INVESTMENTS	12 Months Ended
	Jun. 30, 2019
Disclosure Text Block Supplement [Abstract]
Investments and Other Noncurrent Assets [Text Block]	NOTE 3 . INVESTMENTS As of June 30, 2019, the Company held investments with a fair value of $15.2 million and a cost basis of $14.6 million. The fair value of these investments is approximately 64.0 percent of the Company’s total assets at June 30, 2019. In addition, the Company held other investments of $1.4 million and investments of approximately $309,000 accounted for under the equity method of accounting. As discussed in Note 2, the Company adopted ASU 2016-01, which amended the guidance on the classification and measurement of investments in equity securities, effective July 1, 2018. Prior to ASU 2016-01, unrealized gains and losses on trading securities were included in earnings in the Consolidated Statements of Operations, and unrealized gains and losses on available-for-sale securities were excluded from earnings and reported in other comprehensive income (loss) as a separate component of shareholders’ equity until realized. After the adoption of ASU 2016-01, there is no longer an available-for-sale classification (with changes in fair value reported in other comprehensive income) for equity securities with readily determinable fair values. Under the amended guidance, all of the Company’s equity investments with readily determinable fair values are classified as securities at fair value, and changes in unrealized gains or losses are reported in current period earnings. 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. For these securities, the Company generally elects to value using the measurement alternative, under which such securities are measured at cost, less impairment, plus or minus observable price changes for identical or similar securities of the same issuer with such changes recorded in investment income (loss). Prior to fiscal year 2019 and the adoption of ASU 2106-01, these investments were 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. The cost basis of investments may also be adjusted for the recharacterization of distributions from investments in partnerships. See further information about these investments in a separate section of this note. The following details the components of the Company’s investments recorded at fair value as of June 30, 2019, and 2018. Note that the change in presentation is the result of the adoption of ASU 2016-01. June 30, 2019 (dollars in thousands) Cost Unrealized Gains (Losses) Fair Value Securities at fair value 1 Common stock - International $ 5,641 $ 790 $ 6,431 Common stock - Domestic 45 (45 ) - Mutual funds - Fixed income 8,025 (4 ) 8,021 Mutual funds - Domestic equity 929 (194 ) 735 Total securities at fair value $ 14,640 $ 547 $ 15,187 1 Changes in u nrealized and realized gains and losses on securities at fair value are included in earnings in the statement of operations. June 30, 2018 (dollars in thousands) Cost Unrealized Gains Unrealized (Losses) Fair Value Trading securities 1 Mutual funds - Fixed income $ 7,785 $ 22 $ - $ 7,807 Mutual funds - Domestic equity 535 - (163 ) 372 Other 45 - (45 ) - Total trading securities 8,365 22 (208 ) 8,179 Available-for-sale securities 2 Common stock - International 2,554 3,213 (94 ) 5,673 Mutual funds - Fixed income 1,000 - (9 ) 991 Mutual funds - Domestic equity 394 28 - 422 Total available-for-sale securities 3 3,948 3,241 (103 ) 7,086 Total securities at fair value $ 12,313 $ 3,263 $ (311 ) $ 15,265 1 Prior to July 1, 2018, changes in u nrealized and realized gains and losses on trading securities were included in earnings in the statement of operations. 2 Prior to July 1, 2018, changes in u nrealized gains and losses on available-for-sale securities were excluded from earnings and recorded in other comprehensive income as a separate component of shareholders’ equity until realized. 3 Net unrealized gains on available-for-sale securities gross and net of tax as of June 3 0 , 2018, were $ 3 , 138 and $ 2,089, respectively. The following table shows 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 were in a continuous unrealized loss position as of June 30, 2018. No disclosures are required as of June 30, 2019, due the adoption of ASU 2016-01. June 30, 2018 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 - International $ 39 $ (94 ) $ - $ - $ 39 $ (94 ) Mutual funds - Fixed income 991 (9 ) - - 991 (9 ) Total available-for-sale securities with unrealized losses $ 1,030 $ (103 ) $ - $ - $ 1,030 $ (103 ) Investment Income (Loss) The following summarizes investment income (loss) reflected in earnings for the periods presented. (dollars in thousands) Year Ended June 30, Investment Income (Loss) 2019 2018 Realized gains (losses) on sales of fair valued securities 1 $ 23 $ (67 ) Unrealized gains (losses) on fair valued securities 2 (2,406 ) 742 Unrealized gains on equity securities without readily determinable fair values 617 - Realized foreign currency losses (32 ) (59 ) Impairments in equity investments that do not have readily determinable fair values (114 ) - Dividend and interest income 348 888 Total Investment Income (Loss) $ (1,564 ) $ 1,504 1 The prior year amounts shown include $736 in realized losses on sales of trading securities and $669 in realized gains on sales of available-for-sale securities for the year ended June 30, 2018. These classifications were used prior to the adoption of ASU 2016-01 effective July 1, 2018. 2 The prior year amounts shown include $742 in unrealized gains on trading securities for the year ended June 30, 2018 (classification used prior to the adoption of ASU 2016-01 effective July 1, 2018). The year ended June 30, 2019, included approximately $1.8 million of net unrealized losses recognized on equity securities still held at June 30, 2019. The majority of unrealized losses recognized in the current year are related to unrealized losses on securities formerly classified as available-for-sale, which previously would have been reported through other comprehensive income rather than in investment income. Proceeds from the sales of available-for-sale investments were approximately $2.1 million for the fiscal year ended June 30, 2018. Gross gains and (losses) on sales of available-for-sale investments were $675,000 and ($6,000) fiscal year 2018. The amounts for fiscal 2018 include proceeds of approximately $1.7 million and realized gain of approximately $638,000 from an available-for-sale debt security that was redeemed early by the issuer. Note that prior to fiscal year 2019, gains and losses realized upon sales of available-for-sale investments were reclassified from other comprehensive income into investment income. 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 included securities valued at the mean between the last reported bid and ask quotation and securities valued with an adjustment to the quoted price due to restrictions. 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. The fair value of a security that has a restriction is based on the quoted price for an otherwise identical unrestricted instrument that trades in a public market, adjusted for the estimated effect of the restriction. Mutual funds, which include open- and closed-end funds and exchange-traded funds, are valued at net asset value or closing price, as applicable. Certain corporate debt securities not traded on an exchange are valued by an independent pricing service using an evaluated quote based on such factors as institutional-size trading in similar groups of securities, yield, quality maturity, coupon rate, type of issuance and individual trading characteristics and other market data. As part of its independent price verification process, a portfolio management team, which includes representatives from the investment and accounting departments, 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 portfolio management team also takes into consideration numerous other factors that could affect valuation such as overall market conditions, liquidity of the security and bond structure. For other securities included in the fair value hierarchy with unobservable inputs, the portfolio management team considers 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. Securities which do not have readily determinable fair values are also periodically reviewed by the portfolio management team. The following presents fair value measurements, as of each balance sheet date, for the major categories of U.S. Global’s investments measured at fair value on a recurring basis: June 30, 2019 Significant Significant Quoted Prices Other Inputs Unobservable Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total Securities at fair value Common stock - International $ 5,599 $ 832 $ - $ 6,431 Common stock - Domestic - - - - Mutual funds - Fixed income 8,021 - - 8,021 Mutual funds - Domestic equity 735 - - 735 Total securities at fair value $ 14,355 $ 832 $ - $ 15,187 June 30, 2018 Significant Significant Quoted Prices Other Inputs Unobservable Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total Trading securities Mutual funds - Fixed income $ 7,807 $ - $ - $ 7,807 Mutual funds - Domestic equity 372 - - 372 Other - - - - Total trading securities 8,179 - - 8,179 Available-for-sale securities Common stock - International 5,673 - - 5,673 Mutual funds - Fixed income 991 - - 991 Mutual funds - Domestic equity 422 - - 422 Total available-for-sale securities 7,086 - - 7,086 Total securities at fair value $ 15,265 $ - $ - $ 15,265 As of June 30, 2019, 95 percent of the Company’s financial assets were classified in the fair value hierarchy as Level 1 and 5 percent as Level 2. As of June 30, 2018, 100 percent of the Company’s financial assets were classified in the fair value hierarchy as Level 1. During the first quarter of fiscal year 2018, the Company invested in 10 million common shares of HIVE Blockchain Technologies Ltd. (“HIVE”), a company that is headquartered and traded in Canada with cryptocurrency mining facilities in Iceland and Sweden, at a cost of $2.4 million. The shares are subject to Canadian securities regulations. The investment, classified as available-for-sale prior to the adoption of ASU 2016-01, was valued at approximately $3.6 million and $5.6 million at June 30, 2019, and 2018, respectively, based on the quoted market price and is classified as Level 1 in the fair value hierarchy. Cryptocurrency markets and related stocks have been, and are expected to continue to be, volatile. Cryptocurrency mining is considered an early stage high-risk industry, and the nature of mining is expected to evolve. There has been significant volatility in the market price of HIVE, which has materially impacted the investment’s value included on the balance sheet and unrealized gain (loss) recognized in investment income. The Company’s ownership of HIVE was approximately 3.1 percent as of June 30, 2019. Frank Holmes is the non-executive chairman of HIVE and held shares and options at June 30, 2019. Effective August 31, 2018, Mr. Holmes was named Interim Executive Chairman of HIVE while a search for a new CEO is undertaken. The Company has an investment in Thunderbird Entertainment Group Inc. (“Thunderbird”), a company headquartered and traded in Canada, which was valued at approximately $1.1 million at June 30, 2019, of which $377,000 was classified as Level 1 and $675,000 was classified as Level 2 in the fair value hierarchy. The investment was included in other investments at June 30, 2018, at a value of $1.5 million. This was previously a private company that underwent a corporate transaction and started trading on an exchange during the quarter ended December 31, 2018. The shares are subject to Canadian securities regulations. The portion of the investment classified in Level 2 is restricted for resale due to escrow provisions; its valuation is based on the quoted market price adjusted for the restriction on resale. Shares will be released from escrow between October 2019 and April 2020. The Company’s ownership of Thunderbird was approximately 2.5 percent as of June 30, 2019. Frank Holmes serves on the board of this company as a director and held options at June 30, 2019. The Company has another investment in GoldSpot Discoveries Corp. (“GoldSpot”), a company headquartered and traded in Canada, which was valued at approximately $1.7 million at June 30, 2019, of which $1.6 million was classified as Level 1 and $157,000 was classified as Level 2 in the fair value hierarchy. The investment was purchased during the quarter ended March 31, 2019, and the shares are subject to Canadian securities regulations. The portion of the investment classified in Level 2 is restricted for resale due to escrow and regulatory provisions; its valuation is based on the quoted market price adjusted for the restriction on resale. Shares will be released from escrow between August 2019 and August 2020. The Company’s ownership of GoldSpot was approximately 7.5 percent as of June 30, 2019. Frank Holmes serves on the board of this company as independent chairman and held common stock at June 30, 2019. Other Investments The carrying value of equity securities without readily determinable fair values as of June 30, 2019, is approximately $1.4 million. Prior to July 1, 2018, these investments were accounted for at cost less impairment. The carrying value of investments accounted for at cost less impairment as of June 30, 2018, was $2.2 million. On July 1, 2018, the Company adopted ASU 2016-01 and elected to value these investments using the measurement alternative, under which such securities are measured at cost, less impairment, plus or minus observable price changes for identical or similar securities of the same issuer with such changes recorded in investment income (loss). The carrying value of equity securities without readily determinable fair values has been adjusted as follows during the fiscal year ended June 30, 2019: Year Ended (dollars in thousands) June 30, 2019 Carrying amount, beginning of period $ 2,207 Adjustments: Purchases 250 Reclassification to securities at fair value (1,499 ) Impairments (114 ) Other downward adjustments (57 ) Upward adjustments 617 Carrying amount, end of period $ 1,404 As discussed above, the Company’s investment in Thunderbird was previously included in other investments but started trading on a stock exchange during the quarter ended December 31, 2018, and is now included in securities at fair value. There were impairment adjustments to one security totaling $114,000 during the year ended June 30, 2019. No impairment adjustments were recorded during the year ended June 30, 2018. Cumulative impairment adjustments to all equity securities without readily determinable fair values total $251,000 since their respective acquisitions through June 30, 2019. The cumulative amount of other downward adjustments, which primarily consist of return of capital distributions, is $652,000, which includes $57,000 for the year ended June 30, 2019. The cumulative amount of upward adjustments is $617,000, all of which was included in the year ended June 30, 2019. During the fourth quarter of fiscal year 2019, the Company increased the carrying value of one of its investments by $617,000 based on an observable price change for a similar investment of the same issuer. Investments Classified as Equity Method During fiscal year 2018, the Company, through USCAN, invested approximately $500,000 in the Galileo Partners Fund, a Canadian unit trust investment fund managed by Galileo. The investment was subsequently redeemed in full during fiscal 2018, and the Company no longer had an investment in the Galileo Partners Fund as of June 30, 2018. During the period of ownership, the investment was accounted for under the equity method of accounting. Included in other income (loss) for the year ended June 30, 2018, is $1.7 million of equity method income for the Galileo Partners Fund. This fund had a concentration in technology and blockchain companies, which resulted in volatility in the fund’s valuation. Frank Holmes also directly held an investment in the fund. Summarized income statement information on the Galileo Partners Fund for the period of the Company’s investment is as follows: Galileo Partners Fund Summary Financial Information For the Period from August 31, 2017 (investment) to June 30, 2018 (dollars in thousands) Realized gains on sales of investments $ 6,254 Decrease in unrealized gains on investments (28 ) Fund fees and expenses, including performance fees (1,677 ) Net income of fund $ 4,549 Also during fiscal year 2018, the Company, through USCAN, invested approximately $401,000 in the Galileo Technology and Blockchain Fund, a Canadian unit trust investment fund managed by Galileo. The fund reorganized in a taxable transaction into a limited partnership effective November 30, 2018, and the fund terminated. See further discussion below. Thus, the Company no longer had an investment in the Galileo Technology and Blockchain Fund as of June 30, 2019. During the period of ownership, the Company’s ownership ranged between approximately 20 and 25 percent, and the Company was considered to have the ability to exercise significant influence. Thus, the investment was accounted for under the equity method of accounting. Included in other income (loss) is $50,000 and $99,000 of equity method loss for the Galileo Technology and Blockchain Fund for the years ended June 30, 2019, and 2018, respectively. Frank Holmes also directly held an investment in the fund. This fund had a concentration in technology and blockchain companies, which resulted in volatility in the fund’s valuation. As noted above, the Galileo Technology and Blockchain Fund reorganized into a limited partnership effective November 30, 2018. The investment portfolio and unitholders’ interests of the Galileo Technology and Blockchain Fund and the Galileo Partners Fund transferred to the new entity, named Galileo Technology and Blockchain LP. The valuation of the Company’s investment in the Galileo Technology and Blockchain Fund as of November 30, 2018, of approximately $230,000 transferred to the Galileo Technology and Blockchain LP. The Company owns approximately 20 percent of the LP as of June 30, 2019, and the Company is considered to have the ability to exercise significant influence. Thus, the investment is accounted for under the equity method of accounting. Included in other income (loss) for the year ended June 30, 2019, is $73,000 of equity method income for this investment. The Company’s investment in the LP was valued at approximately $309,000 at June 30, 2019. Frank Holmes also directly held an investment in the LP as of June 30, 2019. This investment has a concentration in technology and blockchain companies, which may result in volatility in its valuation.

INVESTMENT MANAGEMENT AND OTHER

INVESTMENT MANAGEMENT AND OTHER FEES	12 Months Ended
	Jun. 30, 2019
Investment Management and Other Fees [Abstract]
Investment Management and Other Fees [Text Block]	NOTE 4 . INVE STMENT MANAGEMENT AND OTHER FEES The following table presents operating revenues disaggregated by performance obligation: Year Ended June 30, (dollars in thousands) 2019 2018 USGIF advisory fees $ 3,230 $ 4,424 USGIF performance fees paid (544 ) (539 ) ETF advisory fees 588 701 Offshore advisory fees - 3 USGIF administrative services fees 185 248 Subtotal investment management services fees 3,459 4,837 Galileo advisory fees 537 960 Galileo performance fees 921 464 Subtotal investment management services fees - Canada 1,458 1,424 Total Operating Revenue $ 4,917 $ 6,261 The Company generates a majority of all of its operating revenues from managing and servicing USGIF. The Company serves as investment adviser to USGIF and receives a fee based on a specified percentage of net assets under management. 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 if 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. The Company has agreed to contractually limit the expenses of the Near-Term Tax Free Fund through April 2020. 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 were $732,000 and $637,000 for the years ended June 30, 2019, and 2018, respectively. USGIF revenue included on the Consolidated Statements of Operations is net of fee waivers. Management cannot predict the impact of future waivers due to 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 of 0.05 percent per investor class and 0.04 percent per institutional class of each fund. The Company also serves as investment advisor to two exchange-traded funds (ETFs). The U.S. Global Jets ETF (ticker JETS) commenced operations in April 2015, and U.S. Global GO GOLD and Precious Metal Miners ETF (ticker GOAU) commenced operations in June 2017. The Company receives a unitary management fee of 0.60 percent of average net assets and has agreed to bear all expenses of the ETFs. Galileo provides advisory services for clients in Canada and receives advisory fees based on the net asset values of the clients. Galileo may also receive performance fees from certain clients when market appreciation or realized net gains exceeds established benchmarks. The majority of the performance fees recorded in the current fiscal year are annual performance fees calculated at calendar year-end. Due to changes in funds managed and new agreements in the second quarter of fiscal year 2019, these fees will be recognized on a quarterly basis going forward. Galileo may, at its discretion, waive and absorb some of its clients’ operating expenses. The amount of expenses waived and absorbed was $343,000 and $88,000 for the years ended June 30, 2019, and 2018, respectively. In September 2017, Galileo launched its first ETF, U.S. Global GO GOLD and Precious Metal Miners ETF (Canadian ticker GOGO), on the Toronto Stock Exchange; however, the ETF did not gain a profitable level of assets and will be liquidated in September 2019. Galileo also started accepting purchases in its Partners Fund, a unit trust investment fund, in June 2017 and launched its Technology and Blockchain Fund, also a unit trust investment fund, in November 2017. The Partners Fund and the Technology and Blockchain Fund were merged and reorganized into the Technology and Blockchain LP in November 2018. As of June 30, 2019, the Company had $371,000 in receivables from fund clients, of which $159,000 was from USGIF, $170,000 from Galileo clients and $42,000 from ETFs. As of June 30, 2018, the Company had $419,000 in receivables from fund clients, of which $321,000 was from USGIF, $44,000 from Galileo clients and $54,000 from ETFs.

RESTRICTED CASH

RESTRICTED CASH	12 Months Ended
	Jun. 30, 2019
Cash and Cash Equivalents [Abstract]
Cash and Cash Equivalents Disclosure [Text Block]	NOTE 5 . RESTRICTED CASH Restricted cash represents cash invested in a money market account as collateral for credit facilities that is not available for general corporate use. A reconciliation of cash, cash equivalents, and restricted cash reported from the Consolidated Balance Sheets to the Statements of Cash Flows is shown below: (dollars in thousands) June 30, 2019 June 30, 2018 Cash and cash equivalents $ 2,949 $ 6,364 Restricted cash 1,025 1,000 Total cash, cash equivalents, and restricted cash $ 3,974 $ 7,364

NOTES RECEIVABLE

NOTES RECEIVABLE	12 Months Ended
	Jun. 30, 2019
Receivables [Abstract]
Financing Receivables [Text Block]	NOTE 6 . NOTE S RECEIVABLE The Company held a note receivable with principal of approximately $199,000 (all current) and $234,000 ($35,000 current and $199,000 long-term) at June 30, 2019, and 2018, respectively. The note was with an unrelated third party, had an annual interest rate of 15 percent and was scheduled to mature in 2021. Quarterly principal repayments on the note started in February 2019. The issuer elected an early redemption option and paid the note in full in July 2019. Proceeds were received for the principal and all accrued interest, and no gain or loss was realized. The Company had also entered into a promissory note with a principal amount of $2 million with an unrelated third party in June 2016 with a one-year maturity. As allowed by the agreement, in June 2017, the initial maturity was extended one-year to June 2018, and the Company received a $50,000 extension fee and all interest to date. The fee was amortized to interest income using the interest method over the remaining term of the note. The note bore interest at 12 percent, with 10 percent payable monthly and 2 percent payable at maturity. This promissory note was paid off in May 2018, prior to its scheduled maturity in June 2018. Proceeds were received for the principal and all accrued interest, and no gain or loss was realized.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Jun. 30, 2019
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	NOTE 7 . PROPERTY AND EQUIPMENT Property and equipment are composed of the following: June 30, (dollars in thousands) 2019 2018 Building and land $ 4,597 $ 4,597 Furniture, equipment, and other 1,628 1,625 6,225 6,222 Accumulated depreciation (4,479 ) (4,252 ) Net property and equipment $ 1,746 $ 1,970 Depreciation expense totaled $224,000 and $241,000 in fiscal years 2019 and 2018, respectively.

OTHER ACCRUED EXPENSES

OTHER ACCRUED EXPENSES	12 Months Ended
	Jun. 30, 2019
Payables and Accruals [Abstract]
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	NOTE 8 . OTHER ACCRUED EXPENSES Other accrued expenses consist of the following: June 30, (dollars in thousands) 2019 2018 Professional fees $ 305 $ 219 Vendors payable 398 420 Taxes payable 47 178 Other accrued expenses $ 750 $ 817

BORROWINGS

BORROWINGS	12 Months Ended
	Jun. 30, 2019
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	NOTE 9 . BORROWINGS As of June 30, 2019, the Company has no borrowings or long-term liabilities except for deferred taxes. 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 fiscal year. The credit agreement will expire on May 31, 2020, and the Company intends to renew annually. The credit facility is collateralized by $1 million at June 30, 2019, included in 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 June 30, 2019, the credit facility remains unutilized by the Company.

LEASE COMMITMENTS

LEASE COMMITMENTS	12 Months Ended
	Jun. 30, 2019
Disclosure Text Block Supplement [Abstract]
Commitments Disclosure [Text Block]	NOTE 10 . LEASE COMMITMENTS The Company has operating leases for office equipment that expire between fiscal years 2020 and 2024 and for office facilities and other real estate in Canada that expire between fiscal years 2021 and 2023. Lease expense totaled $275,000 and $336,000 in fiscal years 2019 and 2018, respectively. Minimum non-cancelable lease payments required under operating leases for future periods are as follows: (dollars in thousands) Fiscal Year Amount 2020 $ 221 2021 171 2022 158 2023 115 2024 6 Total $ 671

BENEFIT PLANS

BENEFIT PLANS	12 Months Ended
	Jun. 30, 2019
Disclosure Text Block Supplement [Abstract]
Compensation and Employee Benefit Plans [Text Block]	NOTE 11 . BENEFIT PLANS The Company offers a savings and investment plan qualified under Section 401(k) of the Internal Revenue Code covering substantially all employees. In connection with this 401(k) plan, participants can voluntarily contribute a portion of their compensation, up to certain limitations, to this plan, and the Company will match 100 percent of participants’ contributions up to the first 3 percent of compensation and 50 percent of the next 2 percent of compensation. The Company recorded expenses for contributions to the 401(k) plan of $81,000 and $90,000 for fiscal years 2019 and 2018, respectively. The 401(k) plan allows for a discretionary profit sharing contribution by the Company, as authorized by the Board of Directors. No profit sharing contributions were made in fiscal years 2019 or 2018. The Company offers employees, including its executive officers, an opportunity to participate in savings programs using mutual funds managed by the Company. Employees may contribute to an IRA, and the Company matches these contributions on a limited basis. A similar savings plan utilizing Uniform Gifts to Minors Act (“UGMA”) accounts is offered to employees to save for their minor relatives. The Company match, reflected in base salary expense, aggregated in all programs to $17,000 and $20,000 in fiscal years 2019 and 2018, respectively. The Company has an Employee Stock Purchase Plan whereby eligible employees can purchase treasury shares at market price. During fiscal years 2019 and 2018, employees purchased 2,461 and 2,605, respectively, shares of treasury stock from the Company.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Jun. 30, 2019
Disclosure Text Block Supplement [Abstract]
Shareholders' Equity and Share-based Payments [Text Block]	NOTE 12 . SHAREHOLDERS’ EQUITY The Company has three classes of common equity: class A, class B, and class C common stock. The Company’s class A common stock is traded over-the-counter and is quoted daily under NASDAQ’s Capital Markets under the symbol “GROW.” There is no established public trading market for the Company’s class B and class C common stock. There are no shares of class B stock issued as of June 30, 2019, or 2018. The Company’s class A and class B common stock have no voting privileges. Dividends Dividends of $0.0025 per share per month totaling $392,000 and $393,000 were paid to holders of class A common stock in fiscal years 2019 and 2018, respectively. Dividends of $62,000 and $62,000 were paid to holders of class C common stock in fiscal years 2019 and 2018, respectively. The monthly dividend of $0.0025 is authorized through September 2019 and will be considered for continuation at that time 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. On a per share basis, the holders of the class C common stock and the nonvoting class A common stock participate equally in dividends as declared by the Company’s Board of Directors. Share Repurchase Plan The Company has a share repurchase program, approved by the Board of Directors, authorizing the Company to annually 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, 2019. The repurchase program has been in place since December 2012, and the Board of Directors has annually renewed the repurchase program each calendar year. The acquired shares may be used for corporate purposes, including shares issued to employees in the Company’s stock-based compensation programs. As of June 30, 2019, approximately $2.74 million remains available for repurchase under this authorization. During fiscal years 2019 and 2018, the Company repurchased 20,575 and 48,947, respectively, of its class A shares on the open market using cash of $24,000 and $141,000, respectively. To date, the Company has repurchased a total of 560,810 class A shares under the repurchase program using cash of $1.3 million. Other Activity The Company did not grant any shares of class A common stock to employees during fiscal year 2019 or 2018. Grants vest immediately after issuance. The Company granted 3,600 and 7,200 shares of class A common stock at a weighted average fair value of $1.34 and $2.62 to its non-employee directors in fiscal years 2019 and 2018, respectively. Grants vest immediately after issuance. Issuances of treasury stock for grants or bonuses are accounted for using the weighted-average cost basis of the shares issued. During fiscal year 2019, shares were issued, as described above, with a weighted-average cost basis greater than current fair value, which resulted in a combined negative adjustment to additional paid-in capital of approximately $4,000 for fiscal year 2019. During fiscal year 2018, shares were issued, as described above, with a weighted-average cost basis less than current fair value, which resulted in a combined increase to additional paid-in capital of approximately $2,000 for fiscal year 2018. Shareholders of class C shares are allowed to convert to class A. During fiscal years 2019 and 2018, 60 and 90 shares, respectively, were converted from class C to class A. Conversions are one class A share for one class C share and are recorded at par value. There are no restrictions or requirements to convert. Stock-based compensation In November 1989, the Board of Directors adopted the 1989 Non-Qualified Stock Option Plan (“1989 Plan”), amended in December 1991, which provides for the granting of options to purchase 1,600,000 shares of the Company’s class A common stock to directors, officers and employees of the Company and its subsidiaries. Options issued under the 1989 Plan vest six months from the grant date or 20 percent on the first, second, third, fourth, and fifth anniversaries of the grant date. Options issued under the 1989 Plan expire ten years after issuance. No options were granted in fiscal years 2019 or 2018. As of June 30, 2019, there were no options outstanding under the 1989 Plan. In April 1997, the Board of Directors adopted the 1997 Non-Qualified Stock Option Plan (“1997 Plan”), which provides for the granting of stock appreciation rights (SARs) and/or options to purchase 400,000 shares of the Company’s class A common stock to directors, officers, and employees of the Company and its subsidiaries. Options issued under the 1997 Plan expire ten years after issuance. No options were granted in fiscal year 2019. In fiscal year 2018, 2,000 options were granted with a fair value, net of tax, of approximately $4,000. The options granted in fiscal year 2018 vested over six months through September 2018. As of June 30, 2019, there were 4,000 options outstanding under the 1997 Plan. The estimated fair value of options granted is amortized to expense over the options’ vesting period. The fair value of these options is estimated at the date of the grant using a Black-Scholes option pricing model. Stock option transactions under the 1997 Plan for the past two fiscal years are summarized below: (dollars in thousands, except price data) Options Weighted Average Exercise Price Weighted Average Remaining Contractual Life in Years Aggregate Intrinsic Value (net of tax) Outstanding June 30, 2017 2,000 $ 12.31 Granted 2,000 $ 2.74 Exercised - n/a Forfeited - n/a Outstanding June 30, 2018 4,000 $ 7.53 Granted - n/a Exercised - n/a Forfeited - n/a Outstanding June 30, 2019 4,000 $ 7.53 4.49 $ - Class A common stock options outstanding and exercisable under the employee stock option plans at June 30, 2019, were as follows: Options Outstanding Options Exercisable Date of Option Grant Number Outstanding Remaining Life in Years Weighted Average Exercise Price ($) Number Exercisable Weighted Average Option Price ($) 1997 Plan Class A 10/07/09 2,000 0.27 $ 12.31 2,000 $ 12.31 03/21/18 2,000 8.72 $ 2.74 2,000 $ 2.74 4,000 4.49 $ 7.53 4,000 $ 7.53

INCOME TAXES

INCOME TAXES	12 Months Ended
	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	NOTE 13 . 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 Tax Cuts and Jobs Act (“the Act”) was enacted on December 22, 2017. The Act reduced the U.S. federal corporate tax rate from 35 percent to 21 percent, required companies to pay a one-time transition tax on earnings of certain foreign subsidiaries that were previously tax deferred and created new taxes on certain foreign sourced earnings. The rate change was effective on January 1, 2018; therefore, the Company’s U.S. statutory tax rate for the fiscal year ended June 30, 2019, is 21 percent, while the rate for fiscal year 2018 was a blended rate of approximately 27.6 percent. The current applicable Canadian statutory rate for the Canadian subsidiaries is approximately 26.5 percent. As a result of the change in tax rate, certain domestic-related deferred tax assets and liabilities were remeasured in the second quarter of fiscal 2018 based on the rates at which they are expected to reverse in the future, which is generally 21 percent. The remeasurement at the lower tax rate on domestic-related deferred tax assets and liabilities resulted in a deferred tax benefit of approximately $1.4 million. The Securities and Exchange Commission issued guidance in December 2017 that allowed for a measurement period of up to one year after the enactment date of the Act to finalize the recording of the related tax impacts. In certain cases, the Company had made a reasonable estimate of the effects on existing deferred tax balances and the one-time transition tax. The Company completed its accounting for the tax effects of enactment of the Act as of December 31, 2018. The final transitional impacts of the Act did not differ materially from the initial estimates. Prior to the enactment of Act, the Company had not recorded U.S. income taxes on the undistributed earnings of the Company’s foreign subsidiaries. The earnings of the foreign subsidiaries were considered to be indefinitely reinvested, and as a result, no deferred tax liability was previously recorded. The Company reevaluated its historic indefinite reinvestment assertion as a result of the enactment of the Act and determined that historical or future undistributed earnings of foreign subsidiaries are no longer considered to be indefinitely reinvested. As a result, for the period ended June 30, 2018, the Company recorded a deferred tax expense and liability related to foreign withholding taxes in the amount of approximately $57,000 for those undistributed earnings which are no longer considered indefinitely invested. The Act also established new tax provisions that become effective in the fiscal year ended June 30, 2019, including but not limited to eliminating the corporate alternative minimum tax, creating the base erosion anti-abuse tax (“BEAT”), establishing new limitations on deductible interest expense and certain executive compensation, creating a new provision designed to tax global intangible low-tax income (“GILTI”) and generally eliminating U.S. Federal income taxes on dividends from foreign subsidiaries. Under the new global intangible low-tax income (“GILTI”) tax rules established by the Act, the Company needed make two accounting policy elections. The Company had to elect to either treat taxes due on future GILTI inclusions in U.S. taxable income as a current period expense when incurred or reflect as a component of deferred taxes. The Company elected to include GILTI taxes due as a current period expense when incurred. The Company also had to make an accounting policy election to either use the incremental cash tax savings approach or the tax law ordering approach when assessing the realization of net operating losses related to GILTI. The Company elected to use the tax law ordering approach. Carryovers For U.S. federal income tax purposes at June 30, 2019, the Company has U.S. federal net operating loss carryovers of $7.2 million with $2.0 million and $2.7 million expiring in fiscal years 2035 and 2036, respectively, and $2.5 million with no expiration. Certain limitations apply to the utilization of net operating losses with no expiration, which were generated after fiscal year 2018. The Company has capital loss carryovers of $1.1 million with $744,000 and $348,000 expiring in fiscal years 2022 and 2023, respectively. The Company has charitable contribution carryovers totaling approximately $40,000 with $19,000; $5,000; $11,000 and $5,000 expiring in fiscal years 2020, 2021, 2023, and 2024, respectively. For Canadian income tax purposes, USCAN has net operating loss carryovers of $236,000 that expire in fiscal year 2039 and capital loss carryovers of $75,000 with no expiration. Also for Canadian income tax purposes, Galileo has net operating loss carryovers of $452,000 with $102,000; $44,000; $122,000; $72,000 and $112,000 expiring in fiscal years 2027, 2030, 2036, 2037 and 2038, 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. Additional Disclosures 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 June 30, 2019, and 2018, a valuation allowance of $2.1 million and $1.7 million, respectively, was included to fully reserve for net operating loss carryovers, other carryovers and certain book/tax differences in the balance sheet. The Company's components of income (loss) before tax by jurisdiction are as follows: Year ended June 30, (dollars in thousands) 2019 2018 United States $ (1,613 ) $ (645 ) Canada (2,803 ) 1,531 Total $ (4,416 ) $ 886 The reconciliation of income tax computed at U.S. federal statutory rates to income tax expense is as follows: (dollars in thousands) 2019 % of Pretax 2018 % of Pretax Tax expense (benefit) at statutory rate $ (927 ) 21.0 % $ 244 27.6 % Tax benefit from change in foreign unrealized gain (679 ) 15.4 % - 0.0 % Change in valuation allowance 394 (8.9 )% (1,498 ) (169.2 )% Rate difference on foreign deferred income 327 (7.4 )% 13 1.5 % Rate difference on foreign income (154 ) 3.5 % (16 ) (1.8 )% Nondeductible meals and entertainment 13 (0.3 )% 27 3.1 % Canadian withholding tax 5 (0.1 )% 63 7.1 % Income from controlled foreign corporation 5 (0.1 )% 377 42.6 % Non-taxable investment income (3 ) 0.1 % (284 ) (32.2 )% Tax on deemed repatriation - 0.0 % 17 1.9 % Rate changes - 0.0 % 1,217 137.5 % Other 42 (1.1 )% 37 4.1 % Total tax expense (benefit) $ (977 ) 22.1 % $ 197 22.2 % Components of total tax expense (benefit) are as follows: Year ended June 30, (dollars in thousands) 2019 2018 Current tax expense - U.S. Federal $ 4 $ 5 Current tax expense (benefit) - Non-U.S. (15 ) 142 Deferred tax expense - U.S. Federal - - Deferred tax expense (benefit) - Non-U.S. (966 ) 50 Total tax expense (benefit) $ (977 ) $ 197 Deferred income taxes reflect the net tax effects of temporary differences between the carrying amount of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Components of the Company’s deferred assets and liabilities are as follows: June 30, (dollars in thousands) 2019 2018 Book/tax differences in the balance sheet Investments in securities at fair value $ (99 ) $ (1,058 ) Prepaid expenses (45 ) (45 ) Accumulated depreciation 169 162 Other investments (124 ) 45 Equity method investments (6 ) 13 Accrued expenses 78 146 Product start-up costs 60 60 Stock-based compensation expense 4 4 Other (59 ) (73 ) Tax Carryovers Net operating loss carryover 1,693 1,069 Charitable contributions carryover 8 14 Capital loss carryover 249 231 Valuation Allowance (2,061 ) (1,667 ) Net deferred tax liability $ (133 ) $ (1,099 )

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Jun. 30, 2019
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	NOTE 14 . EARNINGS PER SHARE The following table sets forth the computation for basic and diluted earnings per share (EPS): Year Ended June 30, (dollars in thousands, except per share data) 2019 2018 Net Income (Loss) $ (3,439 ) $ 689 Less: Net Income (Loss) Attributable to Non-Controlling Interest (51 ) 42 Net Income (Loss) Attributable to U.S. Global Investors, Inc. $ (3,388 ) $ 647 Weighted average number of outstanding shares Basic 15,138,351 15,158,067 Effect of dilutive securities Employee stock options - - Diluted 15,138,351 15,158,067 Earnings Per Share Attributable to U.S. Global Investors, Inc. Basic $ (0.22 ) $ 0.04 Diluted $ (0.22 ) $ 0.04 The diluted EPS calculation excludes the effect of stock options when their exercise prices exceed the average market price for the period. For the years ended June 30, 2019, and 2018, employee stock options for 4,000 were excluded from diluted EPS. During fiscal years 2019 and 2018, the Company repurchased class A shares on the open market. Repurchased shares are classified as treasury shares and are deducted from outstanding shares in the earnings per share calculation.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS )	12 Months Ended
	Jun. 30, 2019
Disclosure Text Block [Abstract]
Comprehensive Income (Loss) Note [Text Block]	NOTE 15 . ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table presents changes in accumulated other comprehensive income (loss) by component: (dollars in thousands) Unrealized gains (losses) on available- for-sale investments 1 Foreign currency translation adjustment Total Balance at June 30, 2017 $ 461 $ (197 ) $ 264 Other comprehensive income (loss) before reclassifications 3,346 (49 ) 3,297 Tax effect (1,049 ) - (1,049 ) Amount reclassified from AOCI (669 ) 15 (654 ) Tax effect - - - Net other comprehensive income (loss) for 2018 1,628 (34 ) 1,594 Balance at June 30, 2018 2,089 (231 ) 1,858 Reclassification pursuant to adoption of ASU 2016-01, net of tax of $1,049 (2,089 ) - (2,089 ) Balance at July 1, 2018 - (231 ) (231 ) Other comprehensive income before reclassifications - 3 3 Tax effect - - - Amount reclassified from AOCI - 22 22 Tax effect - - - Net other comprehensive income for 2019 - 25 25 Balance at June 30, 2019 $ - $ (206 ) $ (206 ) 1. Prior to the adoption of ASU 2016-01, effective July 1, 2018, 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. Upon adoption of ASU 2016-01, the Company no longer has an available-for-sale category for equity securities for which changes in fair value are recognized in other comprehensive income (loss). See Note 2.

FINANCIAL INFORMATION BY BUSINE

FINANCIAL INFORMATION BY BUSINESS SEGMENT	12 Months Ended
	Jun. 30, 2019
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	NOTE 16 . FINANCIAL INFORMATION BY BUSINESS SEGMENT The Company manages the following business segments: 1. Investment management services, by which the Company offers, to USGIF, offshore clients, and ETF clients, a range of investment management products and services to meet the needs of individual and institutional investors; 2. Investment management services - Canada, through which the Company owns a 65 percent controlling interest in Galileo, a privately held Toronto-based asset management firm which offers investment management products and services in Canada; and 3. Corporate investments, through which the Company invests for its own account in an effort to add growth and value to its cash position. Although the Company generates the majority of its revenues from its investment advisory segments, the Company holds a significant amount of its total assets in investments. The following schedule details total revenues and income by business segment; certain amounts have been reclassified for comparative purposes: (dollars in thousands) Investment Management Services Investment Management Services - Canada Corporate Investments Consolidated Year ended June 30, 2019 Net operating revenues $ 3,459 $ 1,458 $ - $ 4,917 Investment income (loss) $ - $ 18 $ (1,582 ) $ (1,564 ) Income from equity method investments $ - $ - $ 23 $ 23 Other income $ 47 $ 42 $ - $ 89 Loss before income taxes $ (2,444 ) $ (147 ) $ (1,825 ) $ (4,416 ) Depreciation and amortization $ 201 $ 10 $ 13 $ 224 Capital expenditures $ - $ - $ - $ - Gross identifiable assets at June 30, 2019 $ 4,591 $ 1,780 $ 17,365 $ 23,736 Deferred tax asset $ - Consolidated total assets at June 30, 2019 $ 23,736 Year ended June 30, 2018 Net operating revenues $ 4,837 $ 1,424 $ - $ 6,261 Investment income $ - $ 21 $ 1,483 $ 1,504 Income from equity method investments $ - $ - $ 1,624 $ 1,624 Other income $ 31 $ 15 $ - $ 46 Income (loss) before income taxes $ (1,941 ) $ 97 $ 2,730 $ 886 Depreciation and amortization $ 229 $ 12 $ - $ 241 Capital expenditures $ - $ - $ - $ - Net operating revenues from investment management services include revenues from USGIF of $2.9 million and $4.1 million in fiscal years 2019 and 2018, respectively. Net operating revenues from investment management services also include operating revenues from ETF clients of $588,000 and $701,000 in fiscal years 2019 and 2018, respectively. Net operating revenues from investment management services in Canada include revenues from Galileo funds of $1.5 million and $1.4 million in fiscal years 2019 and 2018, respectively.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Jun. 30, 2019
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	NOTE 17 . RELATED PARTY TRANSACTIONS On June 30, 2019, and 2018, the Company had $8.8 million and $9.6 million, respectively, at fair value invested in USGIF funds the Company advised. These amounts were included in the Consolidated Balance Sheets as “investments in securities at fair value.” The Company recorded $181,000 and $131,000 in income from dividends and capital gain distributions and $23,000 and ($733,000) in net realized gains (losses) on its investments in the Funds and offshore clients for fiscal years 2019 and 2018, respectively. The offshore clients liquidated during fiscal 2018. In addition, the Company had $309,000 and $283,000 at June 30, 2019, and 2018, respectively, invested in funds advised by Galileo accounted for under the equity method of accounting. During fiscal year 2019 and 2018, the Company was invested in three separate funds advised by Galileo accounted for under the equity method of accounting. The Company recorded income from equity method investments of $23,000 and $1.6 million in fiscal years 2019 and 2018, respectively. See further discussion of these investments in Note 3. The Company earned advisory and administrative services fees, as applicable, from the various funds for which it and its subsidiaries act as investment adviser, as disclosed in Note 4. Receivables include amounts due from the funds for those fees and out-of-pocket expenses, net of amounts payable to the funds for expense reimbursements. As of June 30, 2019, and 2018, the Company had $371,000 and $419,000, respectively, of receivables from mutual funds included in the Consolidated Balance Sheets within “receivables.” Mr. Holmes was a director of each offshore fund until the liquidation of the offshore funds in fiscal year 2018. Mr. Holmes was also a director of Meridian Fund Managers Ltd., which served as the manager of the offshore funds. As discussed in Note 3, the Company purchased in fiscal year 2018 an investment in HIVE that was valued at approximately $3.6 million and $5.6 million as of June 30, 2019, and 2018, respectively. Frank Holmes, a director and Chief Executive Officer of the Company, is the non-executive chairman of HIVE, for which he received director fees from HIVE during fiscal years 2019 and 2018. Mr. Holmes held shares and options of HIVE at June 30, 2019, and 2018. Effective August 31, 2018, upon the retirement of HIVE’s CEO and until a new CEO is hired, Mr. Holmes became Interim Executive Chairman of HIVE. As discussed in Note 3, the Company holds an investment in Thunderbird that was valued at approximately $1.1 million and $1.5 million as of June 30, 2019, and 2018, respectively. Thunderbird was previously a private company that underwent a corporate transaction and started trading on an exchange during fiscal year 2019. Frank Holmes serves on the board of this company as a director, for which he receives fees, and held options at June 30, 2019, and 2018. The Company received $31,000 and $126,000 in dividend income from its investment in this company in fiscal years 2019 and 2018, respectively. As discussed in Note 3, the Company purchased in fiscal year 2019 an investment in GoldSpot that was valued at approximately $1.7 million as of June 30, 2019. Frank Holmes serves on the board of this company as independent chairman, for which he receives fees, and held common stock at June 30, 2019.

CONTINGENCIES AND COMMITMENTS

CONTINGENCIES AND COMMITMENTS	12 Months Ended
	Jun. 30, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	NOTE 18 . 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 of Directors has authorized a monthly dividend of $0.0025 per share from July 2019 through September 2019, at which time it will be considered for continuation by the Board of Directors. 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 to be paid to class A and class C shareholders from July 2019 to September 2019 will be approximately $113,000.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Jun. 30, 2019
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 19 . SUBSEQUENT EVENTS Subsequent to June 30, 2019, the note receivable discussed in Note 6, Notes Receivable, with a principal amount of approximately $199,000 was paid off in full prior to its scheduled maturity. Proceeds were received in July 2019 for the principal and all accrued interest, and no gain or loss was realized. In July 2019, one of the mutual funds advised by Galileo, the Galileo Growth and Income Fund, was closed and liquidated. The U.S. Global GO GOLD and Precious Metal Miners ETF, which is listed on the Toronto Stock Exchange under the ticker GOGO, is expected to liquidate on or about September 9, 2019. The U.S. version of this ETF, which is listed on the New York Stock Exchange under the ticker GOAU, is not affected by this closure.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	12 Months Ended
	Jun. 30, 2019
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation. The Company, through USCAN, owns 65 percent of the issued and outstanding shares of Galileo, which represents controlling interest of Galileo. Galileo is consolidated with USCAN and the non-controlling interest in this subsidiary is included in “non-controlling interest in subsidiary” in the equity section of the Consolidated Balance Sheets. There are two primary consolidation models in U.S. GAAP, the variable interest entity (“VIE”) and voting interest entity models. The Company’s evaluation for consolidation includes whether entities in which it has an interest or from which it receives fees are 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 lacks 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, specifically, certain funds in USGIF and, until November 2017, one of the offshore funds. 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 4 for information regarding fee waivers). The Company has not provided financial support to any of these entities outside the ordinary course of business. The Company’s risk of loss with respect to these 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 $8.8 million at June 30, 2019, and $9.6 million at June 30, 2018. Since the Company is not the primary beneficiary of the above funds it advises, the Company evaluated if it should consolidate under the voting interest entity model. Under the voting interest model, for legal entities other than partnerships, the usual condition for control is ownership, directly or indirectly, of more than 50 percent of the outstanding voting shares over an entity. The Company does not have control of any of the above funds it advises; therefore, the Company does not consolidate any of these funds. The Company currently holds a variable interest in a fund organized as a limited partnership advised by Galileo, and during fiscal year 2018 and 2019 held variable interests in two other funds advised by Galileo, but these entities do not qualify as VIEs. Since they are not VIEs, the Company evaluated if it should consolidate them under the voting interest entity model. Under the voting interest model, for legal entities other than partnerships, the usual condition for control is ownership, directly or indirectly, of more than 50 percent of the outstanding voting shares over an entity. The Company does not have control of the entities and, therefore, does not consolidate them. However, the Company was considered to have the ability to exercise significant influence. Thus, the investments have been accounted for under the equity method of accounting. See further information about these investments in Note 3. All significant intercompany balances and transactions have been eliminated in consolidation. Certain amounts have been reclassified for comparative purposes.
Business Combinations Policy [Policy Text Block]	Business Combinations.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents.
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]	Restricted Cash.
Investment, Policy [Policy Text Block]	Investments. Investments in Equity Securities. Investments in Debt Securities. Other Investments.
Equity Method Investments [Policy Text Block]	Equity Method Investments.
Fair Value Measurement, Policy [Policy Text Block]	Fair Value of Financial Instruments.
Accounts Receivable [Policy Text Block]	Receivables .
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment.
Lessee, Leases [Policy Text Block]	Leases.
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Impairment of Long-Lived Assets.
Intangible Assets, Finite-Lived, Policy [Policy Text Block]	Intangible Asset.
Consolidation, Subsidiaries or Other Investments, Consolidated Entities, Policy [Policy Text Block]	Non-Controlling Interests.
Stockholders' Equity, Policy [Policy Text Block]	Treasury Stock.
Share-based Payment Arrangement [Policy Text Block]	Stock-Based Compensation .
Income Tax, Policy [Policy Text Block]	Income Taxes. The Company accounts for income taxes in accordance with ASC 740, Income Taxes
Revenue [Policy Text Block]	Revenue Recognition. Investment Advisory Fees. Performance Fees. Investment Advisory Fees - Canada. Performance Fees - Canada. Administrative Services Fees. Fee Waivers.
Revenue Recognition, Dividends and Interest [Policy Text Block]	Dividends and Interest.
Advertising Cost [Policy Text Block]	Advertising Costs.
Foreign Currency Transactions and Translations Policy [Policy Text Block]	Foreign Exchange .
Use of Estimates, Policy [Policy Text Block]	Use of Estimates.
Earnings Per Share, Policy [Policy Text Block]	Earnings Per Share. Earnings Per Share
Comprehensive Income, Policy [Policy Text Block]	Accumulated Other Comprehensive Income (Loss).
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements and Developments Accounting Pronouncements Adopted During the Period The FASB issued ASU 2014-09, Revenue from Contracts with Customers, In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities Technical Corrections and Improvements to Financial Instruments - Overall (Subtopic 825-10) In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement Accounting Pronouncements Not Yet Adopted In February 2016, the FASB issued ASU 2016-02, Leases , In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments , In February 2018, the FASB issued ASU 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income In April 2019, the FASB issued ASU 2019-04, Codification Improvements to Topic 326, Financial Instruments - Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments

INVESTMENTS (Tables)

INVESTMENTS (Tables)	12 Months Ended
	Jun. 30, 2019
Disclosure Text Block Supplement [Abstract]
Unrealized Gain (Loss) on Investments [Table Text Block]	The following details the components of the Company’s investments recorded at fair value as of June 30, 2019, and 2018. Note that the change in presentation is the result of the adoption of ASU 2016-01. June 30, 2019 (dollars in thousands) Cost Unrealized Gains (Losses) Fair Value Securities at fair value 1 Common stock - International $ 5,641 $ 790 $ 6,431 Common stock - Domestic 45 (45 ) - Mutual funds - Fixed income 8,025 (4 ) 8,021 Mutual funds - Domestic equity 929 (194 ) 735 Total securities at fair value $ 14,640 $ 547 $ 15,187 June 30, 2018 (dollars in thousands) Cost Unrealized Gains Unrealized (Losses) Fair Value Trading securities 1 Mutual funds - Fixed income $ 7,785 $ 22 $ - $ 7,807 Mutual funds - Domestic equity 535 - (163 ) 372 Other 45 - (45 ) - Total trading securities 8,365 22 (208 ) 8,179 Available-for-sale securities 2 Common stock - International 2,554 3,213 (94 ) 5,673 Mutual funds - Fixed income 1,000 - (9 ) 991 Mutual funds - Domestic equity 394 28 - 422 Total available-for-sale securities 3 3,948 3,241 (103 ) 7,086 Total securities at fair value $ 12,313 $ 3,263 $ (311 ) $ 15,265 1 Changes in u nrealized and realized gains and losses on securities at fair value are included in earnings in the statement of operations.
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]	The following summarizes investment income (loss) reflected in earnings for the periods presented. June 30, 2018 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 - International $ 39 $ (94 ) $ - $ - $ 39 $ (94 ) Mutual funds - Fixed income 991 (9 ) - - 991 (9 ) Total available-for-sale securities with unrealized losses $ 1,030 $ (103 ) $ - $ - $ 1,030 $ (103 )
Gain (Loss) on Securities [Table Text Block]	The following summarizes investment income (loss) reflected in earnings for the periods presented. (dollars in thousands) Year Ended June 30, Investment Income (Loss) 2019 2018 Realized gains (losses) on sales of fair valued securities 1 $ 23 $ (67 ) Unrealized gains (losses) on fair valued securities 2 (2,406 ) 742 Unrealized gains on equity securities without readily determinable fair values 617 - Realized foreign currency losses (32 ) (59 ) Impairments in equity investments that do not have readily determinable fair values (114 ) - Dividend and interest income 348 888 Total Investment Income (Loss) $ (1,564 ) $ 1,504 1 The prior year amounts shown include $736 in realized losses on sales of trading securities and $669 in realized gains on sales of available-for-sale securities for the year ended June 30, 2018. These classifications were used prior to the adoption of ASU 2016-01 effective July 1, 2018. 2 The prior year amounts shown include $742 in unrealized gains on trading securities for the year ended June 30, 2018 (classification used prior to the adoption of ASU 2016-01 effective July 1, 2018).
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	The following presents fair value measurements, as of each balance sheet date, for the major categories of U.S. Global’s investments measured at fair value on a recurring basis: June 30, 2019 Significant Significant Quoted Prices Other Inputs Unobservable Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total Securities at fair value Common stock - International $ 5,599 $ 832 $ - $ 6,431 Common stock - Domestic - - - - Mutual funds - Fixed income 8,021 - - 8,021 Mutual funds - Domestic equity 735 - - 735 Total securities at fair value $ 14,355 $ 832 $ - $ 15,187 June 30, 2018 Significant Significant Quoted Prices Other Inputs Unobservable Inputs (dollars in thousands) (Level 1) (Level 2) (Level 3) Total Trading securities Mutual funds - Fixed income $ 7,807 $ - $ - $ 7,807 Mutual funds - Domestic equity 372 - - 372 Other - - - - Total trading securities 8,179 - - 8,179 Available-for-sale securities Common stock - International 5,673 - - 5,673 Mutual funds - Fixed income 991 - - 991 Mutual funds - Domestic equity 422 - - 422 Total available-for-sale securities 7,086 - - 7,086 Total securities at fair value $ 15,265 $ - $ - $ 15,265
Equity Securities without Readily Determinable Fair Value [Table Text Block]	The carrying value of equity securities without readily determinable fair values has been adjusted as follows during the fiscal year ended June 30, 2019: Year Ended (dollars in thousands) June 30, 2019 Carrying amount, beginning of period $ 2,207 Adjustments: Purchases 250 Reclassification to securities at fair value (1,499 ) Impairments (114 ) Other downward adjustments (57 ) Upward adjustments 617 Carrying amount, end of period $ 1,404
Equity Method Investments [Table Text Block]	Summarized income statement information on the Galileo Partners Fund for the period of the Company’s investment is as follows: Galileo Partners Fund Summary Financial Information For the Period from August 31, 2017 (investment) to June 30, 2018 (dollars in thousands) Realized gains on sales of investments $ 6,254 Decrease in unrealized gains on investments (28 ) Fund fees and expenses, including performance fees (1,677 ) Net income of fund $ 4,549

INVESTMENT MANAGEMENT AND OTH_2

INVESTMENT MANAGEMENT AND OTHER FEES (Tables)	12 Months Ended
	Jun. 30, 2019
Investment Management and Other Fees [Abstract]
Disaggregation of Revenue [Table Text Block]	The following table presents operating revenues disaggregated by performance obligation: Year Ended June 30, (dollars in thousands) 2019 2018 USGIF advisory fees $ 3,230 $ 4,424 USGIF performance fees paid (544 ) (539 ) ETF advisory fees 588 701 Offshore advisory fees - 3 USGIF administrative services fees 185 248 Subtotal investment management services fees 3,459 4,837 Galileo advisory fees 537 960 Galileo performance fees 921 464 Subtotal investment management services fees - Canada 1,458 1,424 Total Operating Revenue $ 4,917 $ 6,261

RESTRICTED CASH (Tables)

RESTRICTED CASH (Tables)	12 Months Ended
	Jun. 30, 2019
Cash and Cash Equivalents [Abstract]
Restrictions on Cash and Cash Equivalents [Table Text Block]	Restricted cash represents cash invested in a money market account as collateral for credit facilities that is not available for general corporate use. A reconciliation of cash, cash equivalents, and restricted cash reported from the Consolidated Balance Sheets to the Statements of Cash Flows is shown below: (dollars in thousands) June 30, 2019 June 30, 2018 Cash and cash equivalents $ 2,949 $ 6,364 Restricted cash 1,025 1,000 Total cash, cash equivalents, and restricted cash $ 3,974 $ 7,364

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Jun. 30, 2019
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Property and equipment are composed of the following: June 30, (dollars in thousands) 2019 2018 Building and land $ 4,597 $ 4,597 Furniture, equipment, and other 1,628 1,625 6,225 6,222 Accumulated depreciation (4,479 ) (4,252 ) Net property and equipment $ 1,746 $ 1,970

OTHER ACCRUED EXPENSES (Tables)

OTHER ACCRUED EXPENSES (Tables)	12 Months Ended
	Jun. 30, 2019
Payables and Accruals [Abstract]
Schedule of Accrued Liabilities [Table Text Block]	Other accrued expenses consist of the following: June 30, (dollars in thousands) 2019 2018 Professional fees $ 305 $ 219 Vendors payable 398 420 Taxes payable 47 178 Other accrued expenses $ 750 $ 817

LEASE COMMITMENTS (Tables)

LEASE COMMITMENTS (Tables)	12 Months Ended
	Jun. 30, 2019
Disclosure Text Block Supplement [Abstract]
Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]	The Company has operating leases for office equipment that expire between fiscal years 2020 and 2024 and for office facilities and other real estate in Canada that expire between fiscal years 2021 and 2023. Lease expense totaled $275,000 and $336,000 in fiscal years 2019 and 2018, respectively. Minimum non-cancelable lease payments required under operating leases for future periods are as follows: (dollars in thousands) Fiscal Year Amount 2020 $ 221 2021 171 2022 158 2023 115 2024 6 Total $ 671

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	12 Months Ended
	Jun. 30, 2019
Disclosure Text Block Supplement [Abstract]
Share-based Payment Arrangement, Activity [Table Text Block]	Stock option transactions under the 1997 Plan for the past two fiscal years are summarized below: (dollars in thousands, except price data) Options Weighted Average Exercise Price Weighted Average Remaining Contractual Life in Years Aggregate Intrinsic Value (net of tax) Outstanding June 30, 2017 2,000 $ 12.31 Granted 2,000 $ 2.74 Exercised - n/a Forfeited - n/a Outstanding June 30, 2018 4,000 $ 7.53 Granted - n/a Exercised - n/a Forfeited - n/a Outstanding June 30, 2019 4,000 $ 7.53 4.49 $ -
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]	Class A common stock options outstanding and exercisable under the employee stock option plans at June 30, 2019, were as follows: Options Outstanding Options Exercisable Date of Option Grant Number Outstanding Remaining Life in Years Weighted Average Exercise Price ($) Number Exercisable Weighted Average Option Price ($) 1997 Plan Class A 10/07/09 2,000 0.27 $ 12.31 2,000 $ 12.31 03/21/18 2,000 8.72 $ 2.74 2,000 $ 2.74 4,000 4.49 $ 7.53 4,000 $ 7.53

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]	The Company's components of income (loss) before tax by jurisdiction are as follows: Year ended June 30, (dollars in thousands) 2019 2018 United States $ (1,613 ) $ (645 ) Canada (2,803 ) 1,531 Total $ (4,416 ) $ 886
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	The reconciliation of income tax computed at U.S. federal statutory rates to income tax expense is as follows: (dollars in thousands) 2019 % of Pretax 2018 % of Pretax Tax expense (benefit) at statutory rate $ (927 ) 21.0 % $ 244 27.6 % Tax benefit from change in foreign unrealized gain (679 ) 15.4 % - 0.0 % Change in valuation allowance 394 (8.9 )% (1,498 ) (169.2 )% Rate difference on foreign deferred income 327 (7.4 )% 13 1.5 % Rate difference on foreign income (154 ) 3.5 % (16 ) (1.8 )% Nondeductible meals and entertainment 13 (0.3 )% 27 3.1 % Canadian withholding tax 5 (0.1 )% 63 7.1 % Income from controlled foreign corporation 5 (0.1 )% 377 42.6 % Non-taxable investment income (3 ) 0.1 % (284 ) (32.2 )% Tax on deemed repatriation - 0.0 % 17 1.9 % Rate changes - 0.0 % 1,217 137.5 % Other 42 (1.1 )% 37 4.1 % Total tax expense (benefit) $ (977 ) 22.1 % $ 197 22.2 %
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Components of total tax expense (benefit) are as follows: Year ended June 30, (dollars in thousands) 2019 2018 Current tax expense - U.S. Federal $ 4 $ 5 Current tax expense (benefit) - Non-U.S. (15 ) 142 Deferred tax expense - U.S. Federal - - Deferred tax expense (benefit) - Non-U.S. (966 ) 50 Total tax expense (benefit) $ (977 ) $ 197
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	Deferred income taxes reflect the net tax effects of temporary differences between the carrying amount of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Components of the Company’s deferred assets and liabilities are as follows: June 30, (dollars in thousands) 2019 2018 Book/tax differences in the balance sheet Investments in securities at fair value $ (99 ) $ (1,058 ) Prepaid expenses (45 ) (45 ) Accumulated depreciation 169 162 Other investments (124 ) 45 Equity method investments (6 ) 13 Accrued expenses 78 146 Product start-up costs 60 60 Stock-based compensation expense 4 4 Other (59 ) (73 ) Tax Carryovers Net operating loss carryover 1,693 1,069 Charitable contributions carryover 8 14 Capital loss carryover 249 231 Valuation Allowance (2,061 ) (1,667 ) Net deferred tax liability $ (133 ) $ (1,099 )

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Jun. 30, 2019
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 earnings per share (EPS): Year Ended June 30, (dollars in thousands, except per share data) 2019 2018 Net Income (Loss) $ (3,439 ) $ 689 Less: Net Income (Loss) Attributable to Non-Controlling Interest (51 ) 42 Net Income (Loss) Attributable to U.S. Global Investors, Inc. $ (3,388 ) $ 647 Weighted average number of outstanding shares Basic 15,138,351 15,158,067 Effect of dilutive securities Employee stock options - - Diluted 15,138,351 15,158,067 Earnings Per Share Attributable to U.S. Global Investors, Inc. Basic $ (0.22 ) $ 0.04 Diluted $ (0.22 ) $ 0.04

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS ) (Tables)	12 Months Ended
	Jun. 30, 2019
Disclosure Text Block [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	The following table presents changes in accumulated other comprehensive income (loss) by component: (dollars in thousands) Unrealized gains (losses) on available- for-sale investments 1 Foreign currency translation adjustment Total Balance at June 30, 2017 $ 461 $ (197 ) $ 264 Other comprehensive income (loss) before reclassifications 3,346 (49 ) 3,297 Tax effect (1,049 ) - (1,049 ) Amount reclassified from AOCI (669 ) 15 (654 ) Tax effect - - - Net other comprehensive income (loss) for 2018 1,628 (34 ) 1,594 Balance at June 30, 2018 2,089 (231 ) 1,858 Reclassification pursuant to adoption of ASU 2016-01, net of tax of $1,049 (2,089 ) - (2,089 ) Balance at July 1, 2018 - (231 ) (231 ) Other comprehensive income before reclassifications - 3 3 Tax effect - - - Amount reclassified from AOCI - 22 22 Tax effect - - - Net other comprehensive income for 2019 - 25 25 Balance at June 30, 2019 $ - $ (206 ) $ (206 ) 1. Prior to the adoption of ASU 2016-01, effective July 1, 2018, 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. Upon adoption of ASU 2016-01, the Company no longer has an available-for-sale category for equity securities for which changes in fair value are recognized in other comprehensive income (loss). See Note 2.

FINANCIAL INFORMATION BY BUSI_2

FINANCIAL INFORMATION BY BUSINESS SEGMENT (Tables)	12 Months Ended
	Jun. 30, 2019
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	The following schedule details total revenues and income by business segment; certain amounts have been reclassified for comparative purposes: (dollars in thousands) Investment Management Services Investment Management Services - Canada Corporate Investments Consolidated Year ended June 30, 2019 Net operating revenues $ 3,459 $ 1,458 $ - $ 4,917 Investment income (loss) $ - $ 18 $ (1,582 ) $ (1,564 ) Income from equity method investments $ - $ - $ 23 $ 23 Other income $ 47 $ 42 $ - $ 89 Loss before income taxes $ (2,444 ) $ (147 ) $ (1,825 ) $ (4,416 ) Depreciation and amortization $ 201 $ 10 $ 13 $ 224 Capital expenditures $ - $ - $ - $ - Gross identifiable assets at June 30, 2019 $ 4,591 $ 1,780 $ 17,365 $ 23,736 Deferred tax asset $ - Consolidated total assets at June 30, 2019 $ 23,736 Year ended June 30, 2018 Net operating revenues $ 4,837 $ 1,424 $ - $ 6,261 Investment income $ - $ 21 $ 1,483 $ 1,504 Income from equity method investments $ - $ - $ 1,624 $ 1,624 Other income $ 31 $ 15 $ - $ 46 Income (loss) before income taxes $ (1,941 ) $ 97 $ 2,730 $ 886 Depreciation and amortization $ 229 $ 12 $ - $ 241 Capital expenditures $ - $ - $ - $ -

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) $ in Thousands	Jul. 01, 2018	Jun. 30, 2019	Jun. 30, 2018
SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Variable Interest Entity, Nonconsolidated, Carrying Amount, Assets and Liabilities, Net		$ 8,800	$ 9,600
Accounts Receivable, Allowance for Credit Loss		$ 0	$ 0
Investment Advisory Fees, Fee Adjustment, Base Percentage Adjustment When Fund Performance Is Not Within Limits to Benchmark Index		0.25%
Investment Advisory Fees, Fee Adjustment, Percent Minimum Performance to Designed Benchmark Over Prior Rolling 12 Months		5.00%
Cumulative Effect on Retained Earnings, before Tax	$ 3,100
Cumulative Effect on Retained Earnings, Tax	$ 1,049
Galileo [Member]
SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Percentage of shares owned by parent		65.00%
Minimum [Member] | Furniture and Fixtures [Member]
SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Depreciation period		3 years
Minimum [Member] | Building and Building Improvements [Member]
SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Depreciation period		14 years
Maximum [Member] | Furniture and Fixtures [Member]
SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Depreciation period		10 years
Maximum [Member] | Building and Building Improvements [Member]
SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Depreciation period		40 years
Galileo [Member] | Minimum [Member]
SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Depreciation period		2 years
Galileo [Member] | Maximum [Member]
SIGNIFICANT ACCOUNTING POLICIES (Details) [Line Items]
Depreciation period		5 years

INVESTMENTS (Details)

INVESTMENTS (Details) - USD ($) $ in Thousands, shares in Millions		3 Months Ended	12 Months Ended
		Jun. 30, 2019	Jun. 30, 2019	Jun. 30, 2018	Nov. 30, 2018	Sep. 30, 2017
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI		$ 15,187	$ 15,187
Equity Securities, FV-NI, Cost		$ 14,640	$ 14,640
Market value of investments to Company's total assets		64.00%	64.00%
Other investments		$ 1,404	$ 1,404	$ 2,207
Available-for-sale, net unrealized gain (loss), gross				3,138
Available-for-sale, net unrealized gain (loss), net of tax				2,089
Trading Securities, Realized Gain (Loss)				(736)
Available-for-sale Securities, Gross Realized Gain (Loss), Excluding Other than Temporary Impairments				669
Trading Securities, Change in Unrealized Holding Gain (Loss)				742
Equity Securities, FV-NI, Unrealized Gain (Loss)	[1]		(2,406)	742
Proceeds from Sale of Available-for-sale Securities			$ 0	2,130
Available-for-sale Securities, Gross Realized Gains				675
Available-for-sale Securities, Gross Realized Losses				$ 6
Percentage of Financial Assets Derived From Level 1 Inputs Measured at Fair Value		95.00%	95.00%	100.00%
Percentage of Financial Assets Derived From Level 2 Inputs Measured at Fair Value		5.00%	5.00%
Available-for-sale securities, fair value	[2],[3]			$ 7,086
Equity Securities without Readily Determinable Fair Value, Amount		$ 1,404	$ 1,404	2,207
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount			114	0
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Cumulative Amount		251	251
Equity Securities without Readily Determinable Fair Value, Downward Price Adjustment, Cumulative Amount		652	652
Equity Securities without Readily Determinable Fair Value, Downward Price Adjustment, Annual Amount			57
Equity Securities without Readily Determinable Fair Value, Upward Price Adjustment, Annual Amount		617	617	0
Income (Loss) from Equity Method Investments			23	1,624
Equity Method Investments		309	309	283
Fair Value, Inputs, Level 1 [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI		14,355	14,355
Available-for-sale securities, fair value				7,086
Fair Value, Inputs, Level 2 [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI		$ 832	832
Available-for-sale securities, fair value				0
Equity Securities [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI, Unrealized Gain (Loss)			$ (1,800)
Corporate Debt Securities [Member]
INVESTMENTS (Details) [Line Items]
Proceeds from Sale of Debt Securities, Available-for-sale				1,700
Debt Securities, Available-for-sale, Realized Gain				638
Thunderbird Entertainment Group [Member]
INVESTMENTS (Details) [Line Items]
Investment Owned, Direct Percentage		2.50%	2.50%
Thunderbird Entertainment Group [Member] | Equity Securities [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI		$ 1,100	$ 1,100
Other Investments				1,500
Thunderbird Entertainment Group [Member] | Equity Securities [Member] | Fair Value, Inputs, Level 1 [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI		377	377
Thunderbird Entertainment Group [Member] | Equity Securities [Member] | Fair Value, Inputs, Level 2 [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI		675	675
GoldSpot Discoveries, Inc. [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI		$ 1,700	$ 1,700
Investment Owned, Direct Percentage		7.50%	7.50%
GoldSpot Discoveries, Inc. [Member] | Equity Securities [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI		$ 1,700	$ 1,700
GoldSpot Discoveries, Inc. [Member] | Equity Securities [Member] | Fair Value, Inputs, Level 1 [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI		1,600	1,600
GoldSpot Discoveries, Inc. [Member] | Equity Securities [Member] | Fair Value, Inputs, Level 2 [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI		$ 157	157
Galileo Partners Fund [Member]
INVESTMENTS (Details) [Line Items]
Equity Method Investment, Aggregate Cost				500
Income (Loss) from Equity Method Investments				1,700
Galileo Technology and Blockchain Fund [Member]
INVESTMENTS (Details) [Line Items]
Equity Method Investment, Aggregate Cost				401
Income (Loss) from Equity Method Investments			$ (50)	$ (99)
Galileo Technology and Blockchain Fund [Member] | Minimum [Member]
INVESTMENTS (Details) [Line Items]
Equity Method Investment, Ownership Percentage		20.00%	20.00%
Galileo Technology and Blockchain Fund [Member] | Maximum [Member]
INVESTMENTS (Details) [Line Items]
Equity Method Investment, Ownership Percentage		25.00%	25.00%
Galileo Technology and Blockchain Fund LP [Member]
INVESTMENTS (Details) [Line Items]
Equity Method Investment, Aggregate Cost					$ 230
Income (Loss) from Equity Method Investments			$ 73
Equity Method Investment, Ownership Percentage		20.00%	20.00%
Equity Method Investments		$ 309	$ 309
HIVE Blockchain Technologies Ltd. ("HIVE") [Member]
INVESTMENTS (Details) [Line Items]
Investment Owned, Balance, Shares (in Shares)		10	10	10		10
Investment Owned, at Cost				$ 2,400
Investment Owned, Direct Percentage		3.10%	3.10%
HIVE Blockchain Technologies Ltd. ("HIVE") [Member] | Fair Value, Inputs, Level 1 [Member]
INVESTMENTS (Details) [Line Items]
Equity Securities, FV-NI		$ 3,600	$ 3,600
Available-for-sale securities, fair value				$ 5,600
[1]	The prior year amounts shown include $742 in unrealized gains on trading securities for the year ended June 30, 2018 (classification used prior to the adoption of ASU 2016-01 effective July 1, 2018).
[2]	Net unrealized gains on available-for-sale securities gross and net of tax as of June 30, 2018, were $3,138 and $2,089, respectively.
[3]	Prior to July 1, 2018, changes in unrealized gains and losses on available-for-sale securities were excluded from earnings and recorded in other comprehensive income as a separate component of shareholders' equity until realized.

INVESTMENTS (Details) - Compone

INVESTMENTS (Details) - Components of Company's Equity Securities Measured at Fair Value - USD ($) $ in Thousands		Jun. 30, 2019	Jun. 30, 2018
INVESTMENTS (Details) - Components of Company's Equity Securities Measured at Fair Value [Line Items]
Securities, Cost		$ 14,640
Securities, Unrealized Gains (Losses)		547
Securities, Fair Value		15,187
Trading securities, Cost	[1]		$ 8,365
Trading securities, Fair Value	[1]		8,179
Trading securities, Unrealized Gains	[1]		22
Trading securities, Unrealized (Losses)	[1]		(208)
Available-for-sale securities, Cost	[2],[3]		3,948
Available-for-sale securities, Fair Value	[2],[3]		7,086
Available-for-sale securities, Unrealized Gains	[2],[3]		3,241
Available-for-sale securities, Unrealized (Losses)	[2],[3]		(103)
Total securities at fair value, Cost			12,313
Total securities at fair value, Fair Value			15,265
Total securities at fair value, Unrealized Gains			3,263
Total securities at fair value, Unrealized (Losses)			(311)
Common Stock - International [Member]
INVESTMENTS (Details) - Components of Company's Equity Securities Measured at Fair Value [Line Items]
Securities, Cost		5,641
Securities, Unrealized Gains (Losses)		790
Securities, Fair Value		6,431
Available-for-sale securities, Cost	[3]		2,554
Available-for-sale securities, Fair Value	[3]		5,673
Available-for-sale securities, Unrealized Gains	[3]		3,213
Available-for-sale securities, Unrealized (Losses)	[3]		(94)
Common Stock - Domestic [Member]
INVESTMENTS (Details) - Components of Company's Equity Securities Measured at Fair Value [Line Items]
Securities, Cost	[1]	45
Securities, Unrealized Gains (Losses)	[1]	(45)
Securities, Fair Value	[1]	0
Fixed Income Securities [Member]
INVESTMENTS (Details) - Components of Company's Equity Securities Measured at Fair Value [Line Items]
Securities, Cost	[1]	8,025
Securities, Unrealized Gains (Losses)	[1]	(4)
Securities, Fair Value	[1]	8,021
Trading securities, Cost	[1]		7,785
Trading securities, Fair Value	[1]		7,807
Trading securities, Unrealized Gains	[1]		22
Trading securities, Unrealized (Losses)	[1]		0
Available-for-sale securities, Cost	[3]		1,000
Available-for-sale securities, Fair Value	[3]		991
Available-for-sale securities, Unrealized Gains	[3]		0
Available-for-sale securities, Unrealized (Losses)	[3]		(9)
Mutual Funds, Domestic Equity [Member]
INVESTMENTS (Details) - Components of Company's Equity Securities Measured at Fair Value [Line Items]
Securities, Cost	[1]	929
Securities, Unrealized Gains (Losses)	[1]	(194)
Securities, Fair Value	[1]	$ 735
Trading securities, Cost	[1]		535
Trading securities, Fair Value	[1]		372
Trading securities, Unrealized Gains	[1]		0
Trading securities, Unrealized (Losses)	[1]		(163)
Available-for-sale securities, Cost	[3]		394
Available-for-sale securities, Fair Value	[3]		422
Available-for-sale securities, Unrealized Gains	[3]		28
Available-for-sale securities, Unrealized (Losses)	[3]		0
Other Securities [Member]
INVESTMENTS (Details) - Components of Company's Equity Securities Measured at Fair Value [Line Items]
Trading securities, Cost	[1]		45
Trading securities, Fair Value	[1]		0
Trading securities, Unrealized Gains	[1]		0
Trading securities, Unrealized (Losses)	[1]		$ (45)
[1]	Prior to July 1, 2018, changes in unrealized and realized gains and losses on trading securities were included in earnings in the statement of operations.
[2]	Net unrealized gains on available-for-sale securities gross and net of tax as of June 30, 2018, were $3,138 and $2,089, respectively.
[3]	Prior to July 1, 2018, changes in unrealized gains and losses on available-for-sale securities were excluded from earnings and recorded in other comprehensive income as a separate component of shareholders' equity until realized.

INVESTMENTS (Details) - Summary

INVESTMENTS (Details) - Summary of Gross Unrealized Losses and Fiar Value of Available-for-Sale Investments $ in Thousands	Jun. 30, 2018USD ($)
Available-for-sale securities
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	$ 1,030
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	(103)
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, fair value	0
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, gross unrealized loss	0
Available-for-sale securities, continuous unrealized loss position, fair value, total	1,030
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	(103)
Common Stock - International [Member]
Available-for-sale securities
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	39
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	(94)
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, fair value	0
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, gross unrealized loss	0
Available-for-sale securities, continuous unrealized loss position, fair value, total	39
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	(94)
Fixed Income Securities [Member]
Available-for-sale securities
Available-for-sale securities, continuous unrealized loss position, less than 12 months, fair value	991
Available-for-sale securities, continuous unrealized loss position, less than 12 months, gross unrealized loss	(9)
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, fair value	0
Available-for-sale securities, continuous unrealized loss position, 12 months or greater, gross unrealized loss	0
Available-for-sale securities, continuous unrealized loss position, fair value, total	991
Available-for-sale securities, continuous unrealized loss position, gross unrealized losses, total	$ (9)

INVESTMENTS (Details) - Investm

INVESTMENTS (Details) - Investment Income (Loss) Reflected in Earnings - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
		Jun. 30, 2019	Jun. 30, 2019	Jun. 30, 2018
Investments Debt And Equity Securities Abstract
Realized gains (losses) on sales of fair valued securities	[1]		$ 23	$ (67)
Unrealized gains (losses) on fair valued securities	[2]		(2,406)	742
Unrealized gains on equity securities without readily determinable fair values		$ 617	617	0
Realized foreign currency losses			(32)	(59)
Impairments in equity investments that do not have readily determinable fair values			(114)	0
Dividend and interest income			348	888
Total Investment Income (Loss)			$ (1,564)	$ 1,504
[1]	The prior year amounts shown include $736 in realized losses on sales of trading securities and $669 in realized gains on sales of available-for-sale securities for the year ended June 30, 2018. These classifications were used prior to the adoption of ASU 2016-01 effective July 1, 2018.
[2]	The prior year amounts shown include $742 in unrealized gains on trading securities for the year ended June 30, 2018 (classification used prior to the adoption of ASU 2016-01 effective July 1, 2018).

INVESTMENTS (Details) - Fair Va

INVESTMENTS (Details) - Fair Value, Assets Measured on Recurring Basis - USD ($) $ in Thousands		Jun. 30, 2019	Jun. 30, 2018
Securities at fair value
Total securities fair value		$ 15,187
Trading securities
Trading securities, at fair value	[1]		$ 8,179
Available-for-sale securities
Total available-for-sale securities	[2],[3]		7,086
Total securities at fair value			15,265
Fair Value, Inputs, Level 1 [Member]
Securities at fair value
Total securities fair value		14,355
Trading securities
Trading securities, at fair value			8,179
Available-for-sale securities
Total available-for-sale securities			7,086
Total securities at fair value			15,265
Fair Value, Inputs, Level 2 [Member]
Securities at fair value
Total securities fair value		832
Trading securities
Trading securities, at fair value			0
Available-for-sale securities
Total available-for-sale securities			0
Total securities at fair value			0
Fair Value, Inputs, Level 3 [Member]
Securities at fair value
Total securities fair value		0
Trading securities
Trading securities, at fair value			0
Available-for-sale securities
Total available-for-sale securities			0
Total securities at fair value			0
Common Stock - International [Member]
Securities at fair value
Total securities fair value		6,431
Available-for-sale securities
Total available-for-sale securities	[3]		5,673
Common Stock - International [Member] | Fair Value, Inputs, Level 1 [Member]
Securities at fair value
Total securities fair value		5,599
Available-for-sale securities
Total available-for-sale securities			5,673
Common Stock - International [Member] | Fair Value, Inputs, Level 2 [Member]
Securities at fair value
Total securities fair value		832
Available-for-sale securities
Total available-for-sale securities			0
Common Stock - International [Member] | Fair Value, Inputs, Level 3 [Member]
Securities at fair value
Total securities fair value		0
Available-for-sale securities
Total available-for-sale securities			0
Common Stock - Domestic [Member]
Securities at fair value
Total securities fair value	[1]	0
Common Stock - Domestic [Member] | Fair Value, Inputs, Level 1 [Member]
Securities at fair value
Total securities fair value		0
Common Stock - Domestic [Member] | Fair Value, Inputs, Level 2 [Member]
Securities at fair value
Total securities fair value		0
Common Stock - Domestic [Member] | Fair Value, Inputs, Level 3 [Member]
Securities at fair value
Total securities fair value		0
Fixed Income Securities [Member]
Securities at fair value
Total securities fair value	[1]	8,021
Trading securities
Trading securities, at fair value	[1]		7,807
Available-for-sale securities
Total available-for-sale securities	[3]		991
Fixed Income Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Securities at fair value
Total securities fair value		8,021
Trading securities
Trading securities, at fair value			7,807
Available-for-sale securities
Total available-for-sale securities			991
Fixed Income Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Securities at fair value
Total securities fair value		0
Trading securities
Trading securities, at fair value			0
Available-for-sale securities
Total available-for-sale securities			0
Fixed Income Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Securities at fair value
Total securities fair value		0
Trading securities
Trading securities, at fair value			0
Available-for-sale securities
Total available-for-sale securities			0
Mutual Funds, Domestic Equity [Member]
Securities at fair value
Total securities fair value	[1]	735
Trading securities
Trading securities, at fair value	[1]		372
Available-for-sale securities
Total available-for-sale securities	[3]		422
Mutual Funds, Domestic Equity [Member] | Fair Value, Inputs, Level 1 [Member]
Securities at fair value
Total securities fair value		735
Trading securities
Trading securities, at fair value			372
Available-for-sale securities
Total available-for-sale securities			422
Mutual Funds, Domestic Equity [Member] | Fair Value, Inputs, Level 2 [Member]
Securities at fair value
Total securities fair value		0
Trading securities
Trading securities, at fair value			0
Available-for-sale securities
Total available-for-sale securities			0
Mutual Funds, Domestic Equity [Member] | Fair Value, Inputs, Level 3 [Member]
Securities at fair value
Total securities fair value		$ 0
Trading securities
Trading securities, at fair value			0
Available-for-sale securities
Total available-for-sale securities			0
Other Securities [Member]
Trading securities
Trading securities, at fair value	[1]		0
Other Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Trading securities
Trading securities, at fair value			0
Other Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Trading securities
Trading securities, at fair value			0
Other Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Trading securities
Trading securities, at fair value			$ 0
[1]	Prior to July 1, 2018, changes in unrealized and realized gains and losses on trading securities were included in earnings in the statement of operations.
[2]	Net unrealized gains on available-for-sale securities gross and net of tax as of June 30, 2018, were $3,138 and $2,089, respectively.
[3]	Prior to July 1, 2018, changes in unrealized gains and losses on available-for-sale securities were excluded from earnings and recorded in other comprehensive income as a separate component of shareholders' equity until realized.

INVESTMENTS (Details) - Equity

INVESTMENTS (Details) - Equity Securities without Readily Determinable Fair Value - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2019	Jun. 30, 2018
Equity Securities without Readily Determinable Fair Value [Abstract]
Carrying amount, beginning of period		$ 2,207
Adjustments:
Purchases		250
Reclassification to securities at fair value		(1,499)
Impairments		(114)	$ 0
Other downward adjustments		(57)
Upward adjustments	$ 617	617	0
Carrying amount, end of period	$ 1,404	$ 1,404	$ 2,207

INVESTMENTS (Details) - Equit_2

INVESTMENTS (Details) - Equity Method Investments - Galileo Partners Fund [Member] - Galileo Partners Fund [Member] $ in Thousands	12 Months Ended
	Jun. 30, 2018USD ($)
Schedule of Equity Method Investments [Line Items]
Realized gains on sales of investments	$ 6,254
Decrease in unrealized gains on investments	(28)
Fund fees and expenses, including performance fees	(1,677)
Net income of fund	$ 4,549

INVESTMENT MANAGEMENT AND OTH_3

INVESTMENT MANAGEMENT AND OTHER FEES (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Base percentage adjustment, fund performance not within benchmark index	0.25%
Minimum performance to designated benchmark over prior rolling twelve months, percent	5.00%
U.S. Global Investors Funds [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Aggregate Fees Waived and Expenses Borne	$ 732	$ 637
U.S. Global ETFs [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Unitary Management Fee, Percentage of Average Net Assets	0.60%
Fund Clients [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Receivables, Net, Current	$ 371	419
Fund Clients [Member] | U.S. Global Investors Funds [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Receivables, Net, Current	159	321
Fund Clients [Member] | U.S. Global ETFs [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Receivables, Net, Current	$ 42	$ 54
Investor Class Shares [Member] | U.S. Global Investors Funds [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Administrative fee rate	0.05%	0.05%
Institutional Class Shares [Member] | U.S. Global Investors Funds [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Administrative fee rate	0.04%	0.04%
Galileo [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Aggregate Fees Waived and Expenses Borne	$ 343	$ 88
Galileo [Member] | Fund Clients [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Receivables, Net, Current	$ 170	$ 44
Equity Funds [Member] | U.S. Global Investors Funds [Member]
INVESTMENT MANAGEMENT AND OTHER FEES (Details) [Line Items]
Base percentage adjustment, fund performance not within benchmark index	0.25%
Minimum performance to designated benchmark over prior rolling twelve months, percent	5.00%

INVESTMENT MANAGEMENT AND OTH_4

INVESTMENT MANAGEMENT AND OTHER FEES (Details) - Disaggregation of Revenue - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Disaggregation of Revenue [Line Items]
Revenues	$ 4,917	$ 6,261
Investment and Advisory Services [Member] | U.S. Global ETFs [Member]
Disaggregation of Revenue [Line Items]
Revenues	588	701
Investment and Advisory Services [Member] | Offshore Clients [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	3
Administrative Service [Member]
Disaggregation of Revenue [Line Items]
Revenues	185	248
Administrative Service [Member] | U.S. Global Investors Funds [Member]
Disaggregation of Revenue [Line Items]
Revenues	185	248
Investment Management Services [Member]
Disaggregation of Revenue [Line Items]
Revenues	3,459	4,837
Investment Management Services - Canada [Member]
Disaggregation of Revenue [Line Items]
Revenues	1,458	1,424
Investment and Advisory Services [Member] | Base Advisory Fee [Member[ | U.S. Global Investors Funds [Member]
Disaggregation of Revenue [Line Items]
Revenues	3,230	4,424
Investment and Advisory Services [Member] | Base Advisory Fee [Member[ | Investment Management Services - Canada [Member]
Disaggregation of Revenue [Line Items]
Revenues	537	960
Investment and Advisory Services [Member] | Investment Performance [Member] | U.S. Global Investors Funds [Member]
Disaggregation of Revenue [Line Items]
Revenues	(544)	(539)
Investment and Advisory Services [Member] | Investment Performance [Member] | Investment Management Services - Canada [Member]
Disaggregation of Revenue [Line Items]
Revenues	$ 921	$ 464

RESTRICTED CASH (Details) - Res

RESTRICTED CASH (Details) - Restrictions on Cash and Cash Equivalents - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Restrictions on Cash and Cash Equivalents [Abstract]
Cash and cash equivalents	$ 2,949	$ 6,364
Restricted cash	1,025	1,000
Total cash, cash equivalents, and restricted cash	$ 3,974	$ 7,364	$ 4,958

NOTES RECEIVABLE (Details)

NOTES RECEIVABLE (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2019	Jun. 30, 2016	Jun. 30, 2018
Notes Receivable #2 [Member]
NOTES RECEIVABLE (Details) [Line Items]
Note Receivable, Face Amount		$ 199		$ 234
Financing Receivable, after Allowance for Credit Loss, Current		$ 199		35
Financing Receivable, after Allowance for Credit Loss, Noncurrent				$ 199
Note receivable, interest rate		15.00%
Note recievable, Maturity		2021
Note Receivable #1 [Member]
NOTES RECEIVABLE (Details) [Line Items]
Note Receivable, Face Amount			$ 2,000
Note receivable, interest rate			12.00%
Note recievable, Maturity	June 2018		June 2017
Proceeds from Fees Received	$ 50
Portion Payable Monthly [Member] | Note Receivable #1 [Member]
NOTES RECEIVABLE (Details) [Line Items]
Note receivable, interest rate			10.00%
Portion Payable at Maturity [Member] | Note Receivable #1 [Member]
NOTES RECEIVABLE (Details) [Line Items]
Note receivable, interest rate			2.00%

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 224	$ 241

PROPERTY AND EQUIPMENT (Detai_2

PROPERTY AND EQUIPMENT (Details) - Property, Plant and Equipment - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 6,225	$ 6,222
Accumulated depreciation	(4,479)	(4,252)
Net property and equipment	1,746	1,970
Land and Building [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	4,597	4,597
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 1,628	$ 1,625

OTHER ACCRUED EXPENSES (Details

OTHER ACCRUED EXPENSES (Details) - Schedule of Accrued Liabilities - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018
Schedule of Accrued Liabilities [Abstract]
Professional fees	$ 305	$ 219
Vendors payable	398	420
Taxes payable	47	178
Other accrued expenses	$ 750	$ 817

BORROWINGS (Details)

BORROWINGS (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2019USD ($)
Debt Disclosure [Abstract]
Long-term debt	$ 0
Credit facility with a one-year maturity for working capital	$ 1,000
Amended credit agreement expiration date	May 31, 2020
Debt Instrument, Collateral Amount	$ 1,000

LEASE COMMITMENTS (Details)

LEASE COMMITMENTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Disclosure Text Block Supplement [Abstract]
Lease expenses	$ 275	$ 336

LEASE COMMITMENTS (Details) - S

LEASE COMMITMENTS (Details) - Schedule of Future Minimum Lease Payments for Capital Leases $ in Thousands	Jun. 30, 2019USD ($)
Schedule of Future Minimum Lease Payments for Capital Leases [Abstract]
2020	$ 221
2021	171
2022	158
2023	115
2024	6
Total	$ 671

BENEFIT PLANS (Details)

BENEFIT PLANS (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
BENEFIT PLANS (Details) [Line Items]
Company percentage match of participants contributions for the first three percent of compenation	100.00%
Percentage of first compensation	3.00%
Company percentage match of participants contributions for next two percent of compensation	50.00%
Percentage of next compensation	2.00%
Company 401(k) Match	$ 81	$ 90
Profit Sharing Contributions	0	0
Company match of savings programs	$ 17	$ 20
Employee Stock Purchase Plan [Member]
BENEFIT PLANS (Details) [Line Items]
Shares of treasury stock purchased by employees (in Shares)	2,461	2,605

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended		79 Months Ended
	Sep. 30, 2019$ / shares	Jun. 30, 2019USD ($)$ / sharesshares	Jun. 30, 2018USD ($)$ / sharesshares	Jun. 30, 2019USD ($)shares	Dec. 05, 2017USD ($)	Jun. 30, 2017shares	Dec. 06, 2016USD ($)	Dec. 09, 2015USD ($)	Dec. 10, 2014USD ($)	Dec. 12, 2013USD ($)	Dec. 07, 2012USD ($)
STOCKHOLDERS' EQUITY (Details) [Line Items]
Stock Repurchase Program, Remaining Authorized Repurchase Amount | $		$ 2,740		$ 2,740
Repurchasing Amount | $		$ 24	$ 141
Number of options granted		0	2,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number		4,000	4,000	4,000		2,000
Monthly Dividends Paid [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Common Stock, Dividends, Per Share, Cash Paid | $ / shares		$ 0.0025	$ 0.0025
Forecast [Member] | Monthly Dividend Authorized [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Monthly dividend | $ / shares	$ 0.0025
Common Class B [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Common Stock, Shares, Issued		0	0	0
Common Class A [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Common Stock, Shares, Issued		13,866,751	13,866,691	13,866,751
Dividends, Cash | $		$ 392	$ 393
Number of shares repurchased		20,575	48,947
Repurchasing Amount | $		$ 24	$ 141
Common Class A [Member] | 1989 Plan [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Number of shares authorized under Stock Option Plan		1,600,000		1,600,000
Award vesting period		6 months
Annual award vesting, percentage		20.00%
Stock Option Plan expiration		10 years
Number of options granted		0	0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number		0		0
Common Class A [Member] | 1997 Plan [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Number of shares authorized under Stock Option Plan		400,000		400,000
Stock Option Plan expiration		10 years
Number of options granted		0	2,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number		4,000		4,000
Options Granted, Fair Value | $			$ 4
Common Class A [Member] | Director [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Class A common stock granted		3,600	7,200
Class A common stock granted | $ / shares		$ 1.34	$ 2.62
Common Class A [Member] | Employee and Director [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Adjustment to additional paid in capital from shares issued with a weighted average cost basis greater than the current fair value | $		$ (4)	$ 2
Common Class C [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Common Stock, Shares, Issued		2,068,797	2,068,857	2,068,797
Dividends, Cash | $		$ 62	$ 62
Number of shares converted		(60)	(90)
Conversion ratio, shares issued as a result of stock conversion		1	1
Share Repurchase Renewal, December 2015 [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 Plan - December 2012 [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 Plan Renewal, December 2017 [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 Plan, December 2012 Renewal, December 2013, December 2014, December 2015, December 2016, December 2017 and December 2018 [Member]
STOCKHOLDERS' EQUITY (Details) [Line Items]
Repurchasing Amount | $				$ 1,300
Number of shares repurchased		560,810

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - Schedule of Share-based Compensation, Activity - USD ($)	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
Schedule of Share-based Compensation, Activity [Abstract]
Outstanding, Shares	4,000	4,000	2,000
Outstanding, Weighted Average Exercise Price	$ 7.53	$ 7.53	$ 12.31
Outstanding, Weighted Average Remaining Contractual Life	4 years 178 days
Outstanding, Aggregate Intrinsic Value	$ 0
Granted, Shares	0	2,000
Granted, Weighted Average Exercise Price	$ 0	$ 2.74
Exercised, Shares	0	0
Exercised, Weighted Average Exercise Price	$ 0	$ 0
Forfeited, Shares	0	0
Forfeited, Weighted Average Exercise Price	$ 0	$ 0

STOCKHOLDERS' EQUITY (Details_2

STOCKHOLDERS' EQUITY (Details) - Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable - $ / shares	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017
STOCKHOLDERS' EQUITY (Details) - Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Line Items]
Options Outstanding, Shares	4,000	4,000	2,000
Options Outstanding, Remaining Life in Years	4 years 178 days
Options Outstanding, Weighted Average Exercise Price	$ 7.53	$ 7.53	$ 12.31
Options Exercisable, Shares	4,000
Options Exercisable, Weighted Average Exercise Price	$ 7.53
October 7, 2009 [Member]
STOCKHOLDERS' EQUITY (Details) - Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Line Items]
Options Outstanding, Date of Option Grant	Oct. 7, 2009
Options Outstanding, Shares	2,000
Options Outstanding, Remaining Life in Years	98 days
Options Outstanding, Weighted Average Exercise Price	$ 12.31
Options Exercisable, Shares	2,000
Options Exercisable, Weighted Average Exercise Price	$ 12.31
March 21, 2018 [Member]
STOCKHOLDERS' EQUITY (Details) - Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Line Items]
Options Outstanding, Date of Option Grant	Mar. 21, 2018
Options Outstanding, Shares	2,000
Options Outstanding, Remaining Life in Years	8 years 262 days
Options Outstanding, Weighted Average Exercise Price	$ 2.74
Options Exercisable, Shares	2,000
Options Exercisable, Weighted Average Exercise Price	$ 2.74

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Thousands	Jan. 01, 2018	Dec. 31, 2017	Jun. 30, 2019	Jun. 30, 2018
INCOME TAXES (Details) [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			21.00%	27.60%
Effective Income Tax Rate Reconciliation, Percent			22.10%	22.20%
Deferred Tax Liabilities, Undistributed Foreign Earnings				$ 57
Valuation allowance			$ 2,061	$ 1,667
Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%	35.00%	21.00%	27.60%
Effective Income Tax Rate Reconciliation, Percent				27.60%
Tax Cuts and Jobs Act, Incomplete Accounting, Change in Tax Rate, Deferred Tax Liability, Provisional Income Tax Benefit				$ 1,400
Operating loss carryover			$ 7,200
Deferred Tax Assets, Operating Loss Carryforwards, Not Subject to Expiration			2,500
Expiring in Fiscal Year 2035 [Member] | Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover			2,000
Expiring in Fiscal Year 2036 [Member] | Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover			2,700
Capital Loss Carryforward [Member] | Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Tax credit carryforward			1,100
Charitable Contributions [Member] | Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Tax credit carryforward			$ 40
CANADA | Foreign Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			26.50%
CANADA | Expiring in Fiscal Year 2039 [Member] | Foreign Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover			$ 236
CANADA | Capital Loss Carryforward [Member] | No Expiration Date [Member] | Foreign Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Tax credit carryforward			75
Expiring in Fiscal Year 2022 [Member] | Capital Loss Carryforward [Member] | Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Tax credit carryforward			744
Expiring in Fiscal Year 2023 [Member] | Capital Loss Carryforward [Member] | Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Tax credit carryforward			348
Expiring in Fiscal Year 2023 [Member] | Charitable Contributions [Member] | Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Tax credit carryforward			11
Expiring in Fiscal Year 2020 [Member] | Charitable Contributions [Member] | Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Tax credit carryforward			19
Expiring in Fiscal Year 2021 [Member] | Charitable Contributions [Member] | Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Tax credit carryforward			5
Expiring in Fiscal Year 2024 [Member] | Charitable Contributions [Member] | Domestic Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Tax credit carryforward			5
Galileo [Member] | Foreign Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover			452
Galileo [Member] | Expiring in Fiscal Year 2036 [Member] | Foreign Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover			122
Galileo [Member] | Expiring in Fiscal Year 2027 [Member] | Foreign Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover			102
Galileo [Member] | Expiring in Fiscal Year 2030 [Member] | Foreign Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover			44
Galileo [Member] | Expiring in Fiscal Year 2037 [Member] | Foreign Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover			72
Galileo [Member] | Expiring in Fiscal Year 2038 [Member] | Foreign Tax Authority [Member]
INCOME TAXES (Details) [Line Items]
Operating loss carryover			$ 112

INCOME TAXES (Details) - Schedu

INCOME TAXES (Details) - Schedule of Income before Income Tax, Domestic and Foreign - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Schedule of Income before Income Tax, Domestic and Foreign [Abstract]
United States	$ (1,613)	$ (645)
Canada	(2,803)	1,531
Income (Loss) Before Income Taxes	$ (4,416)	$ 886

INCOME TAXES (Details) - Sche_2

INCOME TAXES (Details) - Schedule of Effective Income Tax Rate Reconciliation - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Schedule of Effective Income Tax Rate Reconciliation [Abstract]
Tax expense (benefit) at statutory rate	$ (927)	$ 244
Tax expense (benefit) at statutory rate	21.00%	27.60%
Tax benefit from change in foreign unrealized gain	$ (679)	$ 0
Tax benefit from change in foreign unrealized gain	15.40%	0.00%
Change in valuation allowance	$ 394	$ (1,498)
Change in valuation allowance	(8.90%)	(169.20%)
Rate difference on foreign deferred income	$ 327	$ 13
Rate difference on foreign deferred income	(7.40%)	1.50%
Rate difference on foreign income	$ (154)	$ (16)
Rate difference on foreign income	3.50%	(1.80%)
Nondeductible meals and entertainment	$ 13	$ 27
Nondeductible meals and entertainment	(0.30%)	3.10%
Canadian withholding tax	$ 5	$ 63
Canadian withholding tax	(0.10%)	7.10%
Income from controlled foreign corporation	$ 5	$ 377
Income from controlled foreign corporation	(0.10%)	42.60%
Non-taxable investment income	$ (3)	$ (284)
Non-taxable investment income	0.10%	(32.20%)
Tax on deemed repatriation	$ 0	$ 17
Tax on deemed repatriation	0.00%	1.90%
Rate changes	$ 0	$ 1,217
Rate changes	0.00%	137.50%
Other	$ 42	$ 37
Other	(1.10%)	4.10%
Total tax expense (benefit)	$ (977)	$ 197
Total tax expense (benefit)	22.10%	22.20%

INCOME TAXES (Details) - Sche_3

INCOME TAXES (Details) - Schedule of Components of Income Tax Expense (Benefit) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Schedule of Components of Income Tax Expense (Benefit) [Abstract]
Current tax expense - U.S. Federal	$ 4	$ 5
Current tax expense (benefit) - Non-U.S.	(15)	142
Deferred tax expense - U.S. Federal	0	0
Deferred tax expense (benefit) - Non-U.S.	(966)	50
Total tax expense (benefit)	$ (977)	$ 197

INCOME TAXES (Details) - Sche_4

INCOME TAXES (Details) - Schedule of Deferred Tax Assets and Liabilities - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018
Book/tax differences in the balance sheet
Investments in securities at fair value	$ (99)	$ (1,058)
Prepaid expenses	(45)	(45)
Accumulated depreciation	169	162
Other investments	(124)	45
Equity method investments	(6)	13
Accrued expenses	78	146
Product start-up costs	60	60
Stock-based compensation expense	4	4
Other	(59)	(73)
Tax Carryovers
Net operating loss carryover	1,693	1,069
Charitable contributions carryover	8	14
Capital loss carryover	249	231
Valuation Allowance	(2,061)	(1,667)
Net deferred tax liability	$ (133)	$ (1,099)

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - shares	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Share-based Payment Arrangement, Option [Member]
EARNINGS PER SHARE (Details) [Line Items]
Employee stock options excluded from diluted EPS	4,000	4,000

EARNINGS PER SHARE (Details) -

EARNINGS PER SHARE (Details) - Schedule of Earnings Per Share, Basic and Diluted - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Earnings Per Share Basic And Diluted Abstract
Net Income (Loss)	$ (3,439)	$ 689
Less: Net Income (Loss) Attributable to Non-Controlling Interest	(51)	42
Net Income (Loss) Attributable to U.S. Global Investors, Inc.	$ (3,388)	$ 647
Weighted average number of outstanding shares
Basic	15,138,351	15,158,067
Effect of dilutive securities
Employee stock options	0	0
Diluted	15,138,351	15,158,067
Earnings Per Share Attributable to U.S. Global Investors, Inc.
Basic	$ (0.22)	$ 0.04
Diluted	$ (0.22)	$ 0.04

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS ) (Details) - Schedule of Accumulated Other Comprehensive Income (Loss) - USD ($) $ in Thousands		Jul. 01, 2018	Jun. 30, 2019	Jun. 30, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), net of tax, balance		$ 1,858	$ 1,858	$ 264
Other comprehensive loss before reclassifications			3	3,297
Tax effect			0	(1,049)
Amount reclassified from AOCI			22	(654)
Tax effect			0	0
Net other comprehensive income (loss)			25	1,594
Reclassification pursuant to adoption of ASU 2016-01, net of tax of $1,049		(2,089)
Accumulated other comprehensive income (loss), net of tax, balance		(231)	(206)	1,858
AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), net of tax, balance	[1]	2,089	2,089	461
Other comprehensive loss before reclassifications	[1]		0	3,346
Tax effect	[1]		0	(1,049)
Amount reclassified from AOCI	[1]		0	(669)
Tax effect	[1]		0	0
Net other comprehensive income (loss)	[1]		0	1,628
Reclassification pursuant to adoption of ASU 2016-01, net of tax of $1,049	[1]	(2,089)
Accumulated other comprehensive income (loss), net of tax, balance	[1]	0	0	2,089
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), net of tax, balance		(231)	(231)	(197)
Other comprehensive loss before reclassifications			3	(49)
Tax effect			0	0
Amount reclassified from AOCI			22	15
Tax effect			0	0
Net other comprehensive income (loss)			25	(34)
Reclassification pursuant to adoption of ASU 2016-01, net of tax of $1,049		0
Accumulated other comprehensive income (loss), net of tax, balance		$ (231)	$ (206)	$ (231)
[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.

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS ) (Details) - Schedule of Accumulated Other Comprehensive Income (Loss) (Parentheticals) $ in Thousands	Jul. 01, 2018USD ($)
Schedule of Accumulated Other Comprehensive Income (Loss) [Abstract]
Reclassification pursuant to adoption of ASU 2016-01, tax	$ 1,049

FINANCIAL INFORMATION BY BUSI_3

FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net operating revenues	$ 4,917	$ 6,261
Galileo [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Percentage of shares owned by Parent	65.00%
Investment Management Services [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net operating revenues	$ 3,459	4,837
Investment Management Services - Canada [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net operating revenues	1,458	1,424
U.S. Global Investors Funds [Member] | Investment Management Services [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net operating revenues	2,900	4,100
U.S. Global ETFs [Member] | Investment Management Services [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net operating revenues	588	701
Galileo Funds [Member] | Investment Management Services - Canada [Member]
FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) [Line Items]
Net operating revenues	$ 1,500	$ 1,400

FINANCIAL INFORMATION BY BUSI_4

FINANCIAL INFORMATION BY BUSINESS SEGMENT (Details) - Schedule Details of Financial Information by Business Segment - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Segment Reporting Information [Line Items]
Net operating revenues	$ 4,917	$ 6,261
Investment income	(1,564)	1,504
Income from equity method investments	23	1,624
Other income	89	46
Income (loss) before income taxes	(4,416)	886
Depreciation and amortization	224	241
Capital expenditures	0	0
Identifiable assets	23,736
Deferred tax asset	0
Consolidated total assets	23,736	28,932
Investment Management Services [Member]
Segment Reporting Information [Line Items]
Net operating revenues	3,459	4,837
Investment income	0	0
Income from equity method investments	0	0
Other income	47	31
Income (loss) before income taxes	(2,444)	(1,941)
Depreciation and amortization	201	229
Capital expenditures	0	0
Identifiable assets	4,591
Investment Management Services - Canada [Member]
Segment Reporting Information [Line Items]
Net operating revenues	1,458	1,424
Investment income	18	21
Income from equity method investments	0	0
Other income	42	15
Income (loss) before income taxes	(147)	97
Depreciation and amortization	10	12
Capital expenditures	0	0
Identifiable assets	1,780
Corporate Investments [Member]
Segment Reporting Information [Line Items]
Net operating revenues	0	0
Investment income	(1,582)	1,483
Income from equity method investments	23	1,624
Other income	0	0
Income (loss) before income taxes	(1,825)	2,730
Depreciation and amortization	13	0
Capital expenditures	0	$ 0
Identifiable assets	$ 17,365

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Equity Securities, FV-NI	$ 15,187
Equity Method Investments	309	$ 283
Income (Loss) from Equity Method Investments	23	1,624
Accounts and Other Receivables, Net, Current	501	1,216
Other Long-term Investments	1,404	2,207
Investment Income, Interest and Dividend	348	888
U.S. Global Investors Funds [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Equity Securities, FV-NI	8,800	9,600
USGIF and offshore clients [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Investment Income, Dividends and Capital Gains	181	131
Recognized Gains (Losses) on Related Party Securities, Net	23	(733)
Thunderbird Entertainment Group [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Equity Securities, FV-NI	1,100
Other Long-term Investments		1,500
Investment Income, Interest and Dividend	31	126
Mutual Fund [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Accounts and Other Receivables, Net, Current	371	419
HIVE Blockchain Technologies Ltd. ("HIVE") [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Equity Securities, FV-NI	3,600	5,600
GoldSpot Discoveries, Inc. [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Equity Securities, FV-NI	1,700
Galileo Technology and Blockchain LP [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Equity Method Investments	$ 309
Galileo Technology and Blockchain Fund [Member]
RELATED PARTY TRANSACTIONS (Details) [Line Items]
Equity Method Investments		$ 283

CONTINGENCIES AND COMMITMENTS (

CONTINGENCIES AND COMMITMENTS (Details) - Forecast [Member] $ / shares in Units, $ in Thousands	3 Months Ended
	Sep. 30, 2019USD ($)$ / shares
Monthly Dividend Authorized [Member]
CONTINGENCIES AND COMMITMENTS (Details) [Line Items]
Monthly Dividend Declared | $ / shares	$ 0.0025
Class A and C [Member]
CONTINGENCIES AND COMMITMENTS (Details) [Line Items]
Amount of cash dividends to be paid to class A and C shareholders | $	$ 113

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - Subsequent Event [Member] $ in Thousands	1 Months Ended
	Jul. 31, 2019USD ($)
SUBSEQUENT EVENTS (Details) [Line Items]
Proceeds from Collection of Notes Receivable	$ 199
Number of Mutual Funds Closed and Liquidated	1