SEGMENT INFORMATION (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Jun. 30, 2016
Segment Reporting Information [Line Items]
Revenues	$ 16,442,000	$ 17,259,000	$ 34,696,000	$ 35,979,000
Segment operating expenses	(11,967,000)	(14,269,000)	(24,758,000)	(28,007,000)
Segment income (loss) from operations	3,105,000	1,705,000	7,300,000	5,451,000
Interest expense - mortgage	(2,402,000)	(2,461,000)	(4,864,000)	(4,925,000)
Loss on disposal of assets		0	0	(30,000)
Depreciation and amortization expense	(1,370,000)	(1,285,000)	(2,638,000)	(2,521,000)
Loss from investments	(3,537,000)	(6,912,000)	(2,623,000)	(6,833,000)
Income tax benefit (expense)	825,000	2,538,000	(227,000)	1,920,000
Net income (loss)	(2,009,000)	(5,130,000)	(414,000)	(4,417,000)
Total assets	132,792,000		132,792,000		$ 135,270,000
Corporate Segment [Member]
Segment Reporting Information [Line Items]
Revenues	0	0	0	0
Segment operating expenses	(602,000)	(585,000)	(1,330,000)	(1,394,000)
Segment income (loss) from operations	(602,000)	(585,000)	(1,330,000)	(1,394,000)
Interest expense - mortgage	0	0	0	0
Loss on disposal of assets		0		0
Depreciation and amortization expense	0	0	0	0
Loss from investments	0	0	0	0
Income tax benefit (expense)	825,000	2,538,000	(227,000)	1,920,000
Net income (loss)	223,000	1,953,000	(1,557,000)	526,000
Total assets	8,701,000		8,701,000
Hotel Operations [Member]
Segment Reporting Information [Line Items]
Revenues	12,837,000	13,713,000	27,442,000	28,851,000
Segment operating expenses	(9,611,000)	(11,969,000)	(19,867,000)	(23,162,000)
Segment income (loss) from operations	3,226,000	1,744,000	7,575,000	5,689,000
Interest expense - mortgage	(1,750,000)	(1,813,000)	(3,579,000)	(3,627,000)
Loss on disposal of assets				(30,000)
Depreciation and amortization expense	(810,000)	(759,000)	(1,523,000)	(1,521,000)
Loss from investments	0	0	0	0
Income tax benefit (expense)	0	0	0	0
Net income (loss)	666,000	(828,000)	2,473,000	511,000
Total assets	50,206,000		50,206,000
Real Estate Operations [Member]
Segment Reporting Information [Line Items]
Revenues	3,605,000	3,546,000	7,254,000	7,128,000
Segment operating expenses	(1,754,000)	(1,715,000)	(3,561,000)	(3,451,000)
Segment income (loss) from operations	1,851,000	1,831,000	3,693,000	3,677,000
Interest expense - mortgage	(652,000)	(648,000)	(1,285,000)	(1,298,000)
Loss on disposal of assets		0		0
Depreciation and amortization expense	(560,000)	(526,000)	(1,115,000)	(1,000,000)
Loss from investments	0	0	0	0
Income tax benefit (expense)	0	0	0	0
Net income (loss)	639,000	657,000	1,293,000	1,379,000
Total assets	55,856,000		55,856,000
Investment Transactions [Member]
Segment Reporting Information [Line Items]
Revenues	0	0	0	0
Segment operating expenses	0	0	0	0
Segment income (loss) from operations	0	0	0	0
Interest expense - mortgage	0	0	0	0
Loss on disposal of assets		0		0
Depreciation and amortization expense	0	0	0	0
Loss from investments	(3,537,000)	(6,912,000)	(2,623,000)	(6,833,000)
Income tax benefit (expense)	0	0	0	0
Net income (loss)	(3,537,000)	$ (6,912,000)	(2,623,000)	$ (6,833,000)
Total assets	$ 18,029,000		$ 18,029,000