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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:    
Net income $ 2,814,000 $ 5,813,000
Adjustments to reconcile net loss to net cash provided by operating activities:    
Net unrealized loss (gain) on marketable securities 927,000 (3,598,000)
Deferred taxes (1,713,000) 4,352,000
Loss on disposal of assets 398,000 0
Unrealized loss on other investments 0 42,000
Impairment loss on other investments 98,000 200,000
Depreciation and amortization 4,777,000 4,776,000
Stock compensation expense 76,000 184,000
Changes in assets and liabilities:    
Investment in marketable securities 3,218,000 6,934,000
Other assets, net 2,823,000 (1,820,000)
Accounts payable and other liabilities 1,819,000 (2,535,000)
Due to securities broker (258,000) (1,125,000)
Obligations for securities sold (710,000) (1,775,000)
Net cash provided by operating activities 14,269,000 11,448,000
Cash flows from investing activities:    
Investment in Hotel, net (1,397,000) (212,000)
Investment in real estate, net (833,000) (732,000)
Proceeds from (purchase of) other investments 103,000 156,000
Investment in Santa Fe (123,000) (4,000)
Investment in Justice (150,000) 0
Net cash used in investing activities (2,400,000) (792,000)
Cash flows from financing activities:    
Net payments of mortgage and other notes payable (6,154,000) (2,776,000)
Proceeds from line of credit 2,985,000 0
Purchase of treasury stock (1,079,000) (642,000)
Net cash used in financing activities (4,248,000) (3,418,000)
Net increase in cash, cash equivalents and restricted cash: 7,621,000 7,238,000
Cash, cash equivalents and restricted cash at the beginning of the year 17,511,000 10,273,000
Cash, cash equivalents and restricted cash at the end of the year 25,132,000 17,511,000
Supplemental information:    
Income taxes paid (refunds received) (1,239,000) 171,000
Interest paid 10,011,000 10,399,000
Non-cash transactions:    
Additions to Hotel equipment through capital lease $ 382,000 $ 1,364,000