CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net (loss) income	$ (9,267,000)	$ 2,057,000
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Net unrealized loss on marketable securities	6,199,000	3,062,000
Legal settlement costs	5,575,000	0
Unrealized loss on other investments	127,000	204,000
Impairment loss on other investments	673,000	701,000
Gain on sale of real estate	0	(11,100,000)
Loss on disposal of assets	30,000	47,000
Depreciation and amortization	5,146,000	4,943,000
Stock compensation expense	479,000	752,000
Changes in assets and liabilities:
Investment in marketable securities	(1,401,000)	2,531,000
Other assets, net	4,493,000	675,000
Accounts payable and other liabilities	(383,000)	(361,000)
Due to securities broker	1,148,000	(2,580,000)
Obligations for securities sold	141,000	(153,000)
Deferred taxes	(3,988,000)	(940,000)
Net cash provided by (used in) operating activities	8,972,000	(162,000)
Cash flows from investing activities:
Net proceeds from the sale of real estate	0	17,592,000
Investment in hotel, net	(4,064,000)	(5,083,000)
Investment in real estate, net	(2,681,000)	(604,000)
Payments for other investments	0	(150,000)
Investment in Santa Fe	(120,000)	(101,000)
Investment in Portsmouth	(113,000)	(32,000)
Net cash (used in) provided by investing activities	(6,978,000)	11,622,000
Cash flows from financing activities:
Net payments of mortgage and other notes payable	(4,512,000)	(8,734,000)
Restricted cash for redemption and mortgage impounds	(353,000)	17,277,000
Distributions and redemption to noncontrolling interest	(50,000)	(16,163,000)
Purchase of treasury stock	(204,000)	(60,000)
Proceeds from exercise of options	0	44,000
Net cash used in financing activities	(5,119,000)	(7,636,000)
Net (decrease) increase in cash and cash equivalents	(3,125,000)	3,824,000
Cash and cash equivalents at the beginning of the year	8,529,000	4,705,000
Cash and cash equivalents at the end of the year	5,404,000	8,529,000
Supplemental information:
Income tax paid	2,078,000	1,190,000
Interest paid	10,324,000	10,753,000
Non-cash transactions:
Conversion of other investments to marketable securities	$ 13,231,000	$ 0