INVESTMENT IN HOTEL, NET (Tables)

6 Months Ended

Dec. 31, 2018

Real Estate [Abstract]

Schedule of Real Estate Properties [Table Text Block]

Investment in hotel consisted of the following as of:

			Accumulated			Net Book
December 31, 2018	Cost		Depreciation			Value
Land	$	2,738,000	$	-		$	2,738,000
Furniture and equipment		29,932,000		(26,418,000	)		3,514,000
Building and improvements		64,336,000		(30,330,000	)		34,006,000
	$	97,006,000	$	(56,748,000	)	$	40,258,000

			Accumulated			Net Book
June 30, 2018	Cost		Depreciation			Value
Land	$	2,738,000	$	-		$	2,738,000
Furniture and equipment		29,350,000		(25,876,000	)		3,474,000
Building and improvements		64,336,000		(29,587,000	)		34,749,000
	$	96,424,000	$	(55,463,000	)	$	40,961,000