INVESTMENT IN REAL ESTATE (Tables)

3 Months Ended

Sep. 30, 2018

Real Estate [Abstract]

Schedule Of Investment In Real Estate [Table Text Block]

Investment in real estate consisted of the following:

As of	September 30, 2018			June 30, 2018
Land	$	25,033,000		$	25,033,000
Buildings, improvements and equipment		67,749,000			67,536,000
Accumulated depreciation		(39,801,000	)		(39,200,000	)
Investment in real estate, net	$	52,981,000		$	53,369,000