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

6 Months Ended

Dec. 31, 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
December 31, 2014	Cost		Depreciation		Value
Land	$	2,738,000	$	-	$	2,738,000
Furniture and equipment		25,359,000		(20,850,000)		4,509,000
Building and improvements		60,571,000		(24,556,000)		36,015,000
	$	88,668,000	$	(45,406,000)	$	43,262,000

			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