SEGMENT INFORMATION (Details) - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Segment Reporting Information [Line Items]
Revenues	$ 69,005,000	$ 72,898,000
Segment operating expenses	(50,704,000)	(56,758,000)
Segment income (loss) from operations	12,996,000	5,598,000
Legal settlement costs	0	(5,396,000)
Interest expense - mortgage	(9,604,000)	(9,898,000)
Loss on disposal of assets	0	(30,000)
Depreciation and amortization expense	(5,305,000)	(5,146,000)
Loss from investments	(4,547,000)	(8,877,000)
Income tax benefit (expense)	(521,000)	3,940,000
Net income (loss)	(1,676,000)	(9,267,000)
Total assets	133,209,000	134,737,000
Hotel Operations [Member]
Segment Reporting Information [Line Items]
Revenues	54,334,000	58,566,000
Segment operating expenses	(40,717,000)	(47,246,000)
Segment income (loss) from operations	13,617,000	11,320,000
Legal settlement costs		(5,396,000)
Interest expense - mortgage	(7,066,000)	(7,271,000)
Loss on disposal of assets		(30,000)
Depreciation and amortization expense	(3,057,000)	(3,053,000)
Loss from investments	0	0
Income tax benefit (expense)	0	0
Net income (loss)	3,494,000	(4,430,000)
Total assets	48,739,000	50,969,000
Real Estate Operations [Member]
Segment Reporting Information [Line Items]
Revenues	14,671,000	14,332,000
Segment operating expenses	(7,166,000)	(6,790,000)
Segment income (loss) from operations	7,505,000	7,542,000
Legal settlement costs		0
Interest expense - mortgage	(2,538,000)	(2,627,000)
Loss on disposal of assets		0
Depreciation and amortization expense	(2,248,000)	(2,093,000)
Loss from investments	0	0
Income tax benefit (expense)	0	0
Net income (loss)	2,719,000	2,822,000
Total assets	54,984,000	56,356,000
Investment Transactions [Member]
Segment Reporting Information [Line Items]
Revenues	0	0
Segment operating expenses	0	0
Segment income (loss) from operations	0	0
Legal settlement costs		0
Interest expense - mortgage	0	0
Loss on disposal of assets		0
Depreciation and amortization expense	0	0
Loss from investments	(4,547,000)	(8,877,000)
Income tax benefit (expense)	0	0
Net income (loss)	(4,547,000)	(8,877,000)
Total assets	18,388,000	15,311,000
Other [Member]
Segment Reporting Information [Line Items]
Revenues	0	0
Segment operating expenses	(2,821,000)	(2,722,000)
Segment income (loss) from operations	(2,821,000)	(2,722,000)
Legal settlement costs		0
Interest expense - mortgage	0	0
Loss on disposal of assets		0
Depreciation and amortization expense	0	0
Loss from investments	0	0
Income tax benefit (expense)	(521,000)	3,940,000
Net income (loss)	(3,342,000)	1,218,000
Total assets	$ 11,098,000	$ 12,101,000