INVESTMENT IN REAL ESTATE (Details) - USD ($)	Mar. 31, 2018	Jun. 30, 2017
Property, Plant and Equipment [Line Items]
Cost	$ 95,040,000	$ 94,727,000
Accumulated depreciation	(54,806,000)	(52,635,000)
Investment in real estate, net	53,955,000	54,984,000
Apartment Building [Member]
Property, Plant and Equipment [Line Items]
Accumulated depreciation	(38,604,000)	(36,853,000)
Apartment Building [Member] | Land [Member]
Property, Plant and Equipment [Line Items]
Cost	25,033,000	25,033,000
Apartment Building [Member] | Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Cost	$ 67,526,000	$ 66,804,000