CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
	Sep. 30, 2012	Sep. 30, 2011
Cash flows from operating activities:
Net income (loss)	$ 1,687,000	$ (2,655,000)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	1,132,000	1,103,000
Net unrealized (gain) loss on marketable securities	(1,318,000)	2,756,000
Unrealized loss on other investments and derivative instruments	190,000	318,000
Impairment loss on other investments	0	417,000
Stock compensation expense	188,000	126,000
Changes in assets and liabilities:
Investment in marketable securities	(5,426,000)	11,200,000
Other assets	(1,258,000)	(511,000)
Accounts payable and other liabilities	175,000	(127,000)
Due to securities broker	3,390,000	(8,640,000)
Obligations for securities sold	1,414,000	(281,000)
Deferred taxes	374,000	(1,561,000)
Net cash provided by operating activities	548,000	2,145,000
Cash flows from investing activities:
Investment in hotel	(677,000)	(745,000)
Investment in real estate	(933,000)	(89,000)
Proceeds from other investments	12,000	277,000
Investment in Santa Fe	(14,000)	0
Restricted cash	506,000	168,000
Net cash used in investing activities	(1,106,000)	(389,000)
Cash flows from financing activities:
Borrowings from mortgage notes payable	13,695,000	0
Principal payments on mortgage notes payable	(12,344,000)	(568,000)
Net payments on other notes payable	(242,000)	(254,000)
Purchase of treasury stock	0	(124,000)
Net cash provided by (used in) financing activities	1,109,000	(946,000)
Net increase in cash and cash equivalents	551,000	810,000
Cash and cash equivalents at the beginning of the period	2,100,000	1,364,000
Cash and cash equivalents at the end of the period	2,651,000	2,174,000
Supplemental information:
Interest paid	$ 1,840,000	$ 1,739,000