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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Revenues:        
Hotel $ 10,412,000 $ 9,142,000 $ 21,521,000 $ 18,668,000
Real estate 3,610,000 3,560,000 7,140,000 7,163,000
Total revenues 14,022,000 12,702,000 28,661,000 25,831,000
Costs and operating expenses:        
Hotel operating expenses (7,796,000) (6,816,000) (15,941,000) (14,133,000)
Real estate operating expenses (2,051,000) (1,946,000) (3,912,000) (3,853,000)
Depreciation and amortization expense (1,099,000) (1,719,000) (2,189,000) (3,470,000)
General and administrative expense (410,000) (400,000) (898,000) (872,000)
Total costs and operating expenses (11,356,000) (10,881,000) (22,940,000) (22,328,000)
Income from operations 2,666,000 1,821,000 5,721,000 3,503,000
Other income (expense):        
Interest expense (1,592,000) (1,646,000) (3,157,000) (3,240,000)
Net (loss) gain on marketable securities (186,000) 3,703,000 (4,841,000) 4,056,000
Net unrealized (loss) gain on other investments and derivative instruments (99,000) 11,822,000 (417,000) 11,863,000
Impairment loss on other investments (215,000) (310,000) (632,000) (540,000)
Dividend and interest income 509,000 472,000 599,000 611,000
Trading and margin interest expense (382,000) (324,000) (806,000) (627,000)
Other (expense) income, net (1,965,000) 13,717,000 (9,254,000) 12,123,000
Income (loss) before income taxes 701,000 15,538,000 (3,533,000) 15,626,000
Income tax benefit (expense) 9,000 (5,002,000) 1,577,000 (5,020,000)
Income (loss) from continuing operations 710,000 10,536,000 (1,956,000) 10,606,000
Discontinued operations:        
Income from discontinued operations 29,000 17,000 47,000 27,000
Income tax expense (12,000) (7,000) (19,000) (11,000)
Income from discontinued operations 17,000 10,000 28,000 16,000
Net (loss) income 727,000 10,546,000 (1,928,000) 10,622,000
Less: Net income attributable to the noncontrolling interest (726,000) (1,944,000) (1,146,000) (2,011,000)
Net (loss) income attributable to InterGroup $ 1,000 $ 8,602,000 $ (3,074,000) $ 8,611,000
Net (loss) income per share from continuing operations        
Basic (in dollars per share) $ 0.29 $ 4.35 $ (0.81) $ 4.39
Diluted (in dollars per share) $ 0.29 $ 4.16 $ (0.81) $ 4.23
Net income per share from discontinued operations        
Basic (in dollars per share) $ 0.01 $ 0 $ 0.01 $ 0.01
Diluted (in dollars per share) $ 0.01 $ 0 $ 0.01 $ 0.01
Net (loss) income per share attributable to InterGroup        
Basic (in dollars per share) $ 0 $ 3.55 $ (1.28) $ 3.56
Diluted (in dollars per share) $ 0 $ 3.40 $ (1.28) $ 3.43
Weighted average number of common shares outstanding (in shares) 2,414,516 2,424,136 2,409,370 2,417,055
Weighted average number of diluted common shares outstanding (in shares) 2,489,307 2,532,804 2,409,370 2,507,999