CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities:
Net loss	$ (1,676,000)	$ (9,267,000)
Adjustments to reconcile net loss to net cash provided by operating activities:
Net unrealized loss on marketable securities	3,852,000	6,199,000
Deferred taxes	(122,000)	(3,988,000)
Legal settlement costs	0	5,575,000
Unrealized loss on other investments	0	127,000
Impairment loss on other investments	178,000	673,000
Loss on disposal of assets	0	30,000
Depreciation	5,305,000	5,146,000
Amortization	84,000	84,000
Stock compensation expense	268,000	479,000
Changes in assets and liabilities:
Investment in marketable securities	(6,747,000)	(1,401,000)
Other assets, net	2,273,000	4,409,000
Accounts payable and other liabilities	(2,720,000)	(383,000)
Due to securities broker	1,519,000	1,148,000
Obligations for securities sold	3,547,000	141,000
Net cash provided by operating activities	6,294,000	8,972,000
Cash flows from investing activities:
Investment in hotel, net	(328,000)	(4,064,000)
Investment in real estate, net	(875,000)	(2,681,000)
Purchase of other investments	(360,000)	0
Investment in Santa Fe	(83,000)	(120,000)
Investment in Portsmouth	(36,000)	(113,000)
Net cash used in investing activities	(1,682,000)	(6,978,000)
Cash flows from financing activities:
Net payments of mortgage and other notes payable	(2,420,000)	(4,512,000)
Restricted cash for capital improvements, mortgage impounds and redemption	(4,181,000)	(353,000)
Redemption of noncontrolling interest	0	(50,000)
Purchase of treasury stock	(544,000)	(204,000)
Net cash used in financing activities	(7,145,000)	(5,119,000)
Net decrease in cash and cash equivalents	(2,533,000)	(3,125,000)
Cash and cash equivalents at the beginning of the year	5,404,000	8,529,000
Cash and cash equivalents at the end of the year	2,871,000	5,404,000
Supplemental information:
Income tax paid	1,063,000	2,078,000
Interest paid	10,256,000	10,324,000
Non-cash transactions:
Conversion of other investments to marketable securities	$ 0	$ 13,231,000