SEGMENT INFORMATION (Tables)

3 Months Ended

Sep. 30, 2018

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The other segment consists of corporate general and administrative expenses and the income tax expense for the entire Company.

As of and for the three months	Hotel			Real Estate			Investment
ended September 30, 2018	Operations			Operations			Transactions			Corporate			Total
Revenues	$	15,810,000		$	3,679,000		$	-		$	-		$	19,489,000
Segment operating expenses		(10,810,000	)		(2,012,000	)		-			(643,000	)		(13,465,000	)
Segment income (loss) from operations		5,000,000			1,667,000			-			(643,000	)		6,024,000
Interest expense - mortgage		(1,814,000	)		(751,000	)		-			-			(2,565,000	)
Depreciation and amortization expense		(642,000	)		(601,000	)		-			-			(1,243,000	)
Loss from investments		-			-			(378,000	)		-			(378,000	)
Income tax expense		-			-			-			(710,000	)		(710,000	)
Net income (loss)	$	2,544,000		$	315,000		$	(378,000	)	$	(1,353,000	)	$	1,128,000
Total assets	$	59,490,000		$	52,981,000		$	14,738,000		$	6,227,000		$	133,436,000
As of and for the three months	Hotel			Real Estate			Investment
ended September 30, 2017	Operations			Operations			Transactions			Corporate			Total
Revenues	$	14,436,000		$	3,678,000		$	-		$	-		$	18,114,000
Segment operating expenses		(10,589,000	)		(1,895,000	)		-			(831,000	)		(13,315,000	)
Segment income (loss) from operations		3,847,000			1,783,000			-			(831,000	)		4,799,000
Interest expense - mortgage		(1,853,000	)		(640,000	)		-			-			(2,493,000	)
Depreciation and amortization expense		(699,000	)		(575,000	)		-			-			(1,274,000	)
Loss from investments		-			-			(1,252,000	)		-			(1,252,000	)
Income tax expense		-			-			-			(75,000	)		(75,000	)
Net income (loss)	$	1,295,000		$	568,000		$	(1,252,000	)	$	(906,000	)	$	(295,000	)