CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Cash flows from operating activities:
Net loss	$ (414,000)	$ (4,417,000)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	2,638,000	2,521,000
Net loss on disposal of assets	0	30,000
Net unrealized loss on marketable securities	2,448,000	5,519,000
Unrealized loss on other investments	0	127,000
Impairment loss on other investments	44,000	287,000
Stock compensation expense	140,000	330,000
Deferred taxes	227,000	(1,920,000)
Changes in assets and liabilities:
Investment in marketable securities	(5,210,000)	(2,444,000)
Other assets	2,648,000	5,063,000
Accounts payable and other liabilities	(3,406,000)	(3,106,000)
Due to securities broker	2,530,000	1,207,000
Obligations for securities sold	867,000	(22,000)
Net cash provided by operating activities	2,512,000	3,175,000
Cash flows from investing activities:
Investment in hotel, net	(317,000)	(2,902,000)
Investment in real estate, net	(615,000)	(2,425,000)
Investment in Santa Fe	(30,000)	(120,000)
Net cash used in investing activities	(962,000)	(5,447,000)
Cash flows from financing activities:
Restricted cash - payment of mortgage impounds	(962,000)	(69,000)
Net payments of mortgage and other notes payable	(1,869,000)	(954,000)
Purchase of treasury stock	(352,000)	(155,000)
Net cash used in financing activities	(3,183,000)	(1,178,000)
Net decrease in cash and cash equivalents	(1,633,000)	(3,450,000)
Cash and cash equivalents at the beginning of the period	5,404,000	8,529,000
Cash and cash equivalents at the end of the period	3,771,000	5,079,000
Supplemental information:
Interest paid	5,167,000	5,132,000
Non-cash transaction:
Conversion of other investments to marketable securities	$ 0	$ 13,231,000