INVESTMENT IN HOTEL, NET (Tables)

6 Months Ended

Dec. 31, 2017

Hotel [Member]

Real Estate Properties [Line Items]

Schedule of Real Estate Properties [Table Text Block]

Investment in hotel consisted of the following as of:

			Accumulated		Net Book
December 31, 2017	Cost		Depreciation		Value
Land	$	2,738,000	$	-	$	2,738,000
Furniture and equipment		27,896,000		(25,297,000)		2,599,000
Building and improvements		64,324,000		(28,841,000)		35,483,000
	$	94,958,000	$	(54,138,000)	$	40,820,000

			Accumulated		Net Book
June 30, 2017	Cost		Depreciation		Value
Land	$	2,738,000	$	-	$	2,738,000
Furniture and equipment		27,681,000		(24,569,000)		3,112,000
Building and improvements		64,308,000		(28,066,000)		36,242,000
	$	94,727,000	$	(52,635,000)	$	42,092,000