MANAGEMENT AGREEMENT (Details Textual) (USD $)	12 Months Ended
Jun. 30, 2013	Jun. 30, 2012
Management Agreement [Line Items]
Management Fees Base Percentage	1.75%	1.75%
Payment for Management Fee	$ 754,000	$ 626,000
Management Fees Base Payment Description	Of that amount, 1.75% of the gross operating revenues are paid monthly. The balance or 0.75% is paid only to the extent that the partially adjusted net operating income (net operating income less capital expenditures) for the fiscal year exceeds the amount of the Hotel’s return for the fiscal year. The base management fee was limited to 1.75% as of and for the years ended June 30, 2013 and 2012. Prism is also entitled to an incentive management fee (not to exceed 4% in total) if certain milestones are accomplished.
Hotel [Member]
Management Agreement [Line Items]
Management Fees Base Percentage	2.50%

1.75%

Management Fees Base Payment Description

Of that amount, 1.75% of the gross operating revenues are paid monthly. The balance or 0.75% is paid only to the extent that the partially adjusted net operating income (net operating income less capital expenditures) for the fiscal year exceeds the amount of the Hotel’s return for the fiscal year. The base management fee was limited to 1.75% as of and for the years ended June 30, 2013 and 2012. Prism is also entitled to an incentive management fee (not to exceed 4% in total) if certain milestones are accomplished.

Management Agreement [Line Items]