SEGMENT INFORMATION (Details) - USD ($)	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Jun. 30, 2015
Segment Reporting Information [Line Items]
Revenues	$ 18,720,000	$ 19,027,000
Segment operating expenses	(13,738,000)	(14,759,000)
Segment income (loss) from operations	3,746,000	3,042,000
Interest expense - mortgage	(2,464,000)	(2,658,000)
Loss on disposal of assets	(30,000)	0
Other real estate income	0	458,000
Depreciation and amortization expense	(1,236,000)	(1,226,000)
Income from investments	79,000	(1,987,000)
Income tax expense	(618,000)	241,000
Net income (loss)	713,000	(904,000)
Total assets	139,880,000	165,651,000	$ 143,419,000
Hotel Operations [Member]
Segment Reporting Information [Line Items]
Revenues	15,138,000	14,830,000
Segment operating expenses	(11,193,000)	(11,838,000)
Segment income (loss) from operations	3,945,000	2,992,000
Interest expense - mortgage	(1,814,000)	(1,896,000)
Loss on disposal of assets	(30,000)
Other real estate income		0
Depreciation and amortization expense	(762,000)	(691,000)
Income from investments	0	0
Income tax expense	0	0
Net income (loss)	1,339,000	405,000
Total assets	50,525,000	42,492,000
Real Estate Operations [Member]
Segment Reporting Information [Line Items]
Revenues	3,582,000	4,197,000
Segment operating expenses	(1,736,000)	(2,140,000)
Segment income (loss) from operations	1,846,000	2,057,000
Interest expense - mortgage	(650,000)	(762,000)
Loss on disposal of assets	0
Other real estate income		458,000
Depreciation and amortization expense	(474,000)	(535,000)
Income from investments	0	0
Income tax expense	0	0
Net income (loss)	722,000	1,218,000
Total assets	57,537,000	63,373,000
Investment Transactions [Member]
Segment Reporting Information [Line Items]
Revenues	0	0
Segment operating expenses	0	0
Segment income (loss) from operations	0	0
Interest expense - mortgage	0	0
Loss on disposal of assets	0
Other real estate income		0
Depreciation and amortization expense	0
Income from investments	79,000	(1,987,000)
Income tax expense	0	0
Net income (loss)	79,000	(1,987,000)
Total assets	19,511,000	25,111,000
Other [Member]
Segment Reporting Information [Line Items]
Revenues	0	0
Segment operating expenses	(809,000)	(781,000)
Segment income (loss) from operations	(809,000)	(781,000)
Interest expense - mortgage	0	0
Loss on disposal of assets	0
Other real estate income		0
Depreciation and amortization expense	0
Income from investments	0	0
Income tax expense	(618,000)	241,000
Net income (loss)	(1,427,000)	(540,000)
Total assets	$ 12,307,000	$ 34,675,000