INVESTMENT IN REAL ESTATE, NET (Tables)

12 Months Ended

Jun. 30, 2019

INVESTMENT IN REAL ESTATE, NET

Schedule of investment in real estate

Investment in real estate included the following:

As of June 30,	2019		2018
Land	$	25,033,000	$	25,033,000
Buildings, improvements and equipment		68,369,000		67,536,000
Accumulated depreciation		(41,629,000)		(39,200,000)
	$	51,773,000	$	53,369,000