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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Revenues:        
Hotel $ 14,481,000 $ 13,983,000 $ 43,332,000 $ 42,857,000
Real estate 3,585,000 4,149,000 10,713,000 12,376,000
Total revenues 18,066,000 18,132,000 54,045,000 55,233,000
Costs and operating expenses:        
Hotel operating expenses (11,831,000) (11,997,000) (34,993,000) (35,868,000)
Hotel restructuring costs (5,236,000) 0 (5,236,000) 0
Real estate operating expenses (1,597,000) (1,947,000) (5,048,000) (6,279,000)
Depreciation and amortization expense (1,328,000) (1,258,000) (3,849,000) (3,716,000)
General and administrative expense (631,000) (616,000) (2,025,000) (2,357,000)
Total costs and operating expenses (20,623,000) (15,818,000) (51,151,000) (48,220,000)
Income (loss) from operations (2,557,000) 2,314,000 2,894,000 7,013,000
Other income (expense):        
Interest expense - mortgages (2,432,000) (2,539,000) (7,357,000) (7,714,000)
Disposal of other assets     (30,000) (51,000)
Gain on sale of real estate 0 9,358,000 0 11,100,000
Other real estate gain     0 458,000
Net loss on marketable securities (1,059,000) (1,319,000) (7,035,000) (4,353,000)
Net unrealized loss on other investments 0 (72,000) (127,000) (98,000)
Impairment loss on other investments (260,000) (400,000) (547,000) (400,000)
Dividend and interest income 23,000 5,000 42,000 522,000
Trading and margin interest expense (236,000) (415,000) (698,000) (1,315,000)
Other (expense) income, net (3,964,000) 4,618,000 (15,752,000) (1,851,000)
Income (loss) before income taxes (6,521,000) 6,932,000 (12,858,000) 5,162,000
Income tax benefit (expense) 2,183,000 (2,930,000) 4,103,000 (2,672,000)
Net (loss) income (4,338,000) 4,002,000 (8,755,000) 2,490,000
Less: Net loss attributable to the noncontrolling interest 1,424,000 339,000 2,011,000 799,000
Net (loss) income attributable to InterGroup $ (2,914,000) $ 4,341,000 $ (6,744,000) $ 3,289,000
Net (loss) income per share        
Basic (in dollars per share) $ (1.82) $ 1.68 $ (3.67) $ 1.04
Diluted (in dollars per share) (1.82) 1.65 (3.67) 1.03
Net (loss) income per share attributable to InterGroup        
Basic (in dollars per share) (1.22) 1.83 (2.83) 1.38
Diluted (in dollars per share) $ (1.22) $ 1.80 $ (2.83) $ 1.36
Weighted average number of basic and diluted common shares outstanding (in shares) 2,383,132 2,383,029 2,384,906 2,385,058
Weighted average number of basic and diluted common shares outstanding (in shares) 2,383,132 2,424,151 2,384,906 2,422,791