CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Cash flows from operating activities:
Net (loss) income	$ (2,655,000)	$ 76,000
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	1,103,000	1,764,000
Net unrealized loss (gain) on marketable securities	2,756,000	(466,000)
Unrealized loss (gain) on other investments and derivative instruments	318,000	(41,000)
Impairment loss on other investments	417,000	230,000
Stock compensation expense	126,000	109,000
Changes in assets and liabilities:
Investment in marketable securities	11,200,000	(494,000)
Other assets	(511,000)	401,000
Accounts payable and other liabilities	(127,000)	534,000
Due to securities broker	(8,640,000)	968,000
Obligations for securities sold	(281,000)	(285,000)
Deferred taxes	(1,561,000)	22,000
Net cash provided by operating activities	2,145,000	2,818,000
Cash flows from investing activities:
Investment in hotel	(745,000)	(434,000)
Investment in real estate	(89,000)	(574,000)
Proceeds from other investments	277,000	0
Restricted cash	168,000	(213,000)
Net cash used in investing activities	(389,000)	(1,221,000)
Cash flows from financing activities:
Principal payments on mortgage notes payable	(568,000)	(577,000)
Payments on other notes payable	(254,000)	(291,000)
Purchase of treasury stock	(124,000)	0
Net cash used in financing activities	(946,000)	(868,000)
Net increase in cash and cash equivalents	810,000	729,000
Cash and cash equivalents at the beginning of the period	1,364,000	1,140,000
Cash and cash equivalents at the end of the period	2,174,000	1,869,000
Supplemental information:
Interest paid	$ 1,739,000	$ 1,697,000