INVESTMENT IN HOTEL, NET (Tables) (Hotel [Member])

12 Months Ended

Jun. 30, 2014

Hotel [Member]

Real Estate Properties [Line Items]

Schedule of Real Estate Properties [Table Text Block]

Investment in hotel consisted of the following as of:

			Accumulated		Net Book
June 30, 2014	Cost		Depreciation		Value
Land	$	2,738,000	$	-	$	2,738,000
Furniture and equipment		23,306,000		(20,072,000)		3,234,000
Building and improvements		59,828,000		(23,903,000)		35,925,000
	$	85,872,000	$	(43,975,000)	$	41,897,000
			Accumulated		Net Book
June 30, 2013	Cost		Depreciation		Value
Land	$	2,738,000	$	-	$	2,738,000
Furniture and equipment		22,271,000		(19,310,000)		2,961,000
Building and improvements		58,875,000		(22,846,000)		36,029,000
	$	83,884,000	$	(42,156,000)	$	41,728,000