CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net loss	$ (4,417,000)	$ (1,512,000)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	2,521,000	2,458,000
Loss on disposal of assets	30,000	51,000
Gain on sale of real estate	0	(1,742,000)
Net unrealized loss on marketable securities	5,519,000	3,106,000
Unrealized loss on other investments	127,000	26,000
Impairment loss on other investments	287,000	0
Stock compensation expense	330,000	552,000
Changes in assets and liabilities:
Investment in marketable securities	(2,444,000)	(3,612,000)
Other assets	5,063,000	12,000
Accounts payable and other liabilities	(3,106,000)	(3,765,000)
Due to securities broker	1,207,000	1,954,000
Obligations for securities sold	(22,000)	397,000
Deferred taxes	(1,920,000)	(258,000)
Net cash provided by (used in) operating activities	3,175,000	(2,333,000)
Cash flows from investing activities:
Net proceeds from sale of real estate	0	3,288,000
Investment in hotel, net	(2,902,000)	(2,916,000)
Investment in real estate, net	(2,425,000)	(331,000)
Investment in Santa Fe	(120,000)	(68,000)
Investment in Portsmouth	0	(33,000)
Net cash used in investing activities	(5,447,000)	(60,000)
Cash flows from financing activities:
Restricted cash - (payments to) withdrawal of mortgage impounds	(69,000)	360,000
Net payments on mortgage and other notes payable	(954,000)	(1,463,000)
Purchase of treasury stock	(155,000)	(56,000)
Net cash used in financing activities	(1,178,000)	(1,159,000)
Net decrease in cash and cash equivalents	(3,450,000)	(3,552,000)
Cash and cash equivalents at the beginning of the period	8,529,000	4,705,000
Cash and cash equivalents at the end of the period	5,079,000	1,153,000
Supplemental information:
Interest paid	5,132,000	5,471,000
Non-cash transaction:
Conversion of other investments to marketable securities	$ 13,231,000	$ 0