CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Cash flows from operating activities:
Net loss	$ (8,040,000)	$ (84,000)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	3,498,000	3,421,000
Net unrealized (gain) loss on marketable securities	(1,110,000)	591,000
Gain on insurance recovery	(249,000)	0
Unrealized (gain) loss on other investments and derivative instruments	(130,000)	221,000
Loss on extinguishment of debt	3,910,000	0
Loss on disposal of assets	1,092,000	0
Stock compensation expense	326,000	359,000
Changes in assets and liabilities:
Investment in marketable securities	3,111,000	(4,573,000)
Other assets	(2,472,000)	(1,075,000)
Accounts payable and other liabilities	5,864,000	941,000
Due to securities broker	(347,000)	2,855,000
Obligations for securities sold	(2,565,000)	(6,000)
Deferred taxes	(2,194,000)	(254,000)
Net cash provided by operating activities	694,000	2,396,000
Cash flows from investing activities:
Investment in hotel	(2,255,000)	(2,596,000)
Investment in real estate	(235,000)	(2,049,000)
Proceeds from (payments for) other investments	(300,000)	44,000
Investment in Santa Fe	(30,000)	(146,000)
Investment in Portsmouth	(2,000)	(75,000)
Restricted cash	219,000	246,000
Net cash used in investing activities	(2,603,000)	(4,576,000)
Cash flows from financing activities:
Restricted cash - redemption payable and mortgage impounds	(18,463,000)	0
Redemption payments and dividends to noncontrolling interest	(47,048,000)	(638,000)
Borrowings from mortgage notes payable, net	68,581,000	2,167,000
Payments to other notes payable	(1,064,000)	(426,000)
Purchase of treasury stock	(5,000)	0
Net cash provided by financing activities	2,001,000	1,103,000
Net increase (decrease) in cash and cash equivalents	92,000	(1,077,000)
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	1,545,000	1,023,000
Supplemental information:
Interest paid	$ 6,271,000	$ 5,226,000