SEGMENT INFORMATION (Details) (USD $)	12 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Revenues	$ 57,207,000	$ 50,753,000
Operating expenses	(47,767,000)	(45,272,000)
Income (loss) from operations	9,359,000	5,025,000
Gain on sale of real estate	1,710,000	3,290,000
Interest expense	6,221,000	6,339,000
Loss from investments	(6,191,000)	13,227,000
Income tax benefit (expense)	(1,481,000)	3,608,000
Net income (loss)	(671,000)	10,443,000
Total assets	139,821,000	154,366,000
Hotel [Member]
Revenues	42,462,000	36,282,000
Operating expenses	(35,825,000)	(32,964,000)
Income (loss) from operations	6,637,000	3,318,000
Gain on sale of real estate	0	0
Interest expense	(2,724,000)	(2,806,000)
Loss from investments	0	0
Income tax benefit (expense)	0	0
Net income (loss)	3,913,000	512,000
Total assets	40,678,000	40,143,000
Real Estate [Member]
Revenues	14,537,000	13,571,000
Operating expenses	(9,971,000)	(9,987,000)
Income (loss) from operations	4,566,000	3,584,000
Gain on sale of real estate	0	0
Interest expense	(3,497,000)	(3,533,000)
Loss from investments	0	0
Income tax benefit (expense)	0	0
Net income (loss)	1,069,000	51,000
Total assets	65,051,000	66,844,000
Investment [Member]
Revenues	0	0
Operating expenses	0	0
Income (loss) from operations	0	0
Gain on sale of real estate	0	0
Interest expense	0	0
Loss from investments	(6,191,000)	13,227,000
Income tax benefit (expense)	0	0
Net income (loss)	(6,191,000)	13,227,000
Total assets	24,642,000	36,723,000
All Other Segments [Member]
Revenues	0	0
Operating expenses	(1,844,000)	(1,877,000)
Income (loss) from operations	(1,844,000)	(1,877,000)
Gain on sale of real estate	0	0
Interest expense	0	0
Loss from investments	0	0
Income tax benefit (expense)	1,481,000	(3,608,000)
Net income (loss)	(363,000)	(5,485,000)
Total assets	9,450,000	8,230,000
Subtotal [Member]
Revenues	56,999,000	49,853,000
Operating expenses	(47,640,000)	(44,828,000)
Income (loss) from operations	9,359,000	5,025,000
Gain on sale of real estate	0	0
Interest expense	(6,221,000)	(6,339,000)
Loss from investments	(6,191,000)	13,227,000
Income tax benefit (expense)	1,481,000	(3,608,000)
Net income (loss)	(1,572,000)	8,305,000
Total assets	139,821,000	151,940,000
Segment, Discontinued Operations [Member]
Revenues	208,000	900,000
Operating expenses	(127,000)	(444,000)
Income (loss) from operations	81,000	456,000
Gain on sale of real estate	1,710,000	3,290,000
Interest expense	(22,000)	(151,000)
Loss from investments	0	0
Income tax benefit (expense)	(868,000)	(1,457,000)
Net income (loss)	901,000	2,138,000
Total assets	$ 0	$ 2,426,000