CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Cash flows from operating activities:
Net (loss) income	$ (7,476,000)	$ 400,000
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	2,468,000	2,277,000
Net unrealized (gain) loss on marketable securities	(629,000)	364,000
Gain on insurance recovery	(249,000)	0
Unrealized loss on other investments and derivative instruments	6,000	238,000
Loss on extinguishment of debt	3,910,000	0
Loss on disposal of assets	1,092,000	0
Stock compensation expense	191,000	279,000
Changes in assets and liabilities:
Investment in marketable securities	154,000	(3,417,000)
Other assets	(1,545,000)	(1,234,000)
Accounts payable and other liabilities	4,918,000	116,000
Due to securities broker	(345,000)	2,252,000
Obligations for securities sold	(208,000)	(563,000)
Deferred taxes	(2,017,000)	(194,000)
Net cash provided by operating activities	270,000	518,000
Cash flows from investing activities:
Investment in hotel	(1,592,000)	(1,381,000)
Investment in real estate	(142,000)	(1,769,000)
Proceeds from other investments	0	28,000
Investment in Santa Fe	0	(40,000)
Restricted cash	(1,011,000)	348,000
Net cash used in investing activities	(2,745,000)	(2,814,000)
Cash flows from financing activities:
Restricted cash - redemption and mortgage impounds	(19,091,000)	0
Redemption payments and dividends to noncontrolling interest	(45,061,000)	(638,000)
Borrowings from mortgage notes payable, net	68,969,000	2,771,000
Borrowings from (payments on) other notes payable	(865,000)	25,000
Purchase of treasury stock	(5,000)	0
Net cash provided by financing activities	3,947,000	2,158,000
Net increase (decrease) in cash and cash equivalents	1,472,000	(138,000)
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	2,925,000	1,962,000
Supplemental information:
Interest paid	$ 3,622,000	$ 3,636,000