XML 14 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Revenues:    
Hotel $ 13,305,000 $ 12,136,000
Real estate 4,078,000 3,675,000
Total revenues 17,383,000 15,811,000
Costs and operating expenses:    
Hotel operating expenses (9,532,000) (9,164,000)
Real estate operating expenses (2,278,000) (2,162,000)
Depreciation and amortization expense (1,184,000) (1,132,000)
General and administrative expense (527,000) (563,000)
Total costs and operating expenses (13,521,000) (13,021,000)
Income from operations 3,862,000 2,790,000
Other income (expense):    
Interest expense (1,407,000) (1,699,000)
Net gain on marketable securities 153,000 1,525,000
Net unrealized loss on other investments and derivative instruments 0 (190,000)
Dividend and interest income 14,000 28,000
Trading and margin interest expense (470,000) (393,000)
Other expense, net (1,710,000) (729,000)
Income before income taxes 2,152,000 2,061,000
Income tax expense (460,000) (374,000)
Net income 1,692,000 1,687,000
Less: Net income attributable to the noncontrolling interest (1,410,000) (1,098,000)
Net income attributable to InterGroup $ 282,000 $ 589,000
Net income per share from operations    
Basic (in dollars per share) $ 0.72 $ 0.72
Diluted (in dollars per share) $ 0.70 $ 0.70
Net income per share attributable to InterGroup    
Basic (in dollars per share) $ 0.12 $ 0.25
Diluted (in dollars per share) $ 0.12 $ 0.24
Weighted average number of common shares outstanding (in shares) 2,365,742 2,351,124
Weighted average number of diluted common shares outstanding (in shares) 2,410,398 2,404,191