Quarterly report pursuant to Section 13 or 15(d)

Note 4 - Fair Value Measurements (Tables)

v3.6.0.2
Note 4 - Fair Value Measurements (Tables)
6 Months Ended
Dec. 31, 2016
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
   
Total carrying
value at
   
Fair Value Measurements Using
Inputs Considered as
 
   
December 31, 2016
   
Level 1
   
Level 2
   
Level 3
 
Assets
                               
Corporate stocks (1)
  $
47,134
    $
47,134
    $
-
    $
-
 
Corporate bonds (1)
   
5,101
     
 
     
5,101
     
-
 
Total Assets
  $
52,235
    $
47,134
    $
5,101
    $
-
 
                                 
Liabilities
                               
Contingent Consideration
  $
92,100
    $
-
    $
-
    $
92,100
 
   
Total carrying
value at
   
Fair Value Measurements Using
Inputs Considered as
 
   
June 30, 2016
   
Level 1
   
Level 2
   
Level 3
 
Assets
                               
Corporate Stocks (1)
  $
28,582
    $
28,582
    $
-
    $
-
 
Corporate bonds
   
-
     
-
     
-
     
-
 
Total Assets
  $
28,582
    $
28,582
    $
-
    $
-
 
                                 
Liabilities
                               
Contingent Consideration
  $
38,500
    $
-
    $
-
    $
38,500
 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
 
 
Three months ended,
 
 
Six months ended
 
 
 
December 31, 2016
 
 
December 31, 2016
 
Fair value at the beginning of period
  $
82,000
    $
38,500
 
Purchase price contingent consideration (Note 3)
   
(400
)
   
41,200
 
Change in fair value of contingent consideration
   
10,500
     
12,400
 
    $
92,100
    $
92,100