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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net income $ 1,692,000 $ 1,687,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,184,000 1,132,000
Net unrealized loss on marketable securities (425,000) (1,318,000)
Gain on insurance recovery 99,000 0
Unrealized loss on other investments and derivative instruments 0 190,000
Stock compensation expense 140,000 188,000
Changes in assets and liabilities:    
Investment in marketable securities (675,000) (5,426,000)
Other assets (463,000) (1,258,000)
Accounts payable and other liabilities (1,159,000) 175,000
Due to securities broker (475,000) 3,390,000
Obligations for securities sold 1,523,000 1,414,000
Deferred taxes 460,000 374,000
Net cash provided by operating activities 1,901,000 548,000
Cash flows from investing activities:    
Investment in hotel (519,000) (677,000)
Investment in real estate (461,000) (933,000)
Proceeds from other investments 0 12,000
Investment in Santa Fe 0 (14,000)
Restricted cash 452,000 506,000
Net cash used in investing activities (528,000) (1,106,000)
Cash flows from financing activities:    
Borrowings from mortgage notes payable 500,000 13,695,000
Principal payments on mortgage notes payable (1,066,000) (12,344,000)
Payments on other notes payable (228,000) (242,000)
Purchase of treasury stock (5,000) 0
Net cash (used in) provided by financing activities (799,000) 1,109,000
Net increase in cash and cash equivalents 574,000 551,000
Cash and cash equivalents at the beginning of the period 1,453,000 2,100,000
Cash and cash equivalents at the end of the period 2,027,000 2,651,000
Supplemental information:    
Interest paid $ 1,605,000 $ 1,840,000