CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Cash flows from operating activities:
Net (loss) income	$ (904,000)	$ 1,692,000
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:
Depreciation and amortization	1,226,000	1,184,000
Net unrealized loss (gain) on marketable securities	1,646,000	(425,000)
Gain on insurance recovery	0	99,000
Unrealized loss on other investments	42,000	0
Stock compensation expense	325,000	140,000
Changes in assets and liabilities:
Investment in marketable securities	458,000	(675,000)
Other assets	(289,000)	(463,000)
Accounts payable and other liabilities	(3,468,000)	(1,159,000)
Due to securities broker	(2,009,000)	(475,000)
Obligations for securities sold	2,376,000	1,523,000
Deferred taxes	(241,000)	460,000
Net cash (used in) provided by operating activities	(838,000)	1,901,000
Cash flows from investing activities:
Investment in hotel	(1,313,000)	(519,000)
Investment in real estate	(211,000)	(461,000)
Net cash used in investing activities	(1,524,000)	(980,000)
Cash flows from financing activities:
Restricted cash for mortgage impounds	553,000	452,000
Borrowings from mortgage and other notes payable, net	219,000	500,000
Payments to mortgage and other notes payable	(495,000)	(1,294,000)
Purchase of treasury stock	0	(5,000)
Net cash provided by (used in) financing activities	277,000	(347,000)
Net (decrease) increase in cash and cash equivalents	(2,085,000)	574,000
Cash and cash equivalents at the beginning of the period	4,705,000	1,453,000
Cash and cash equivalents at the end of the period	2,620,000	2,027,000
Supplemental information:
Interest paid	$ 2,815,000	$ 1,605,000