XML 79 R66.htm IDEA: XBRL DOCUMENT v3.19.2
SEGMENT INFORMATION (Details) - USD ($)
12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Segment Reporting Information [Line Items]    
Revenues $ 74,753,000 $ 71,579,000
Segment income (loss) from operations 15,196,000 21,565,000
Interest expense - mortgage (9,788,000) (9,767,000)
Loss on disposal of assets (398,000) 0
Depreciation and amortization expense (4,935,000) (5,054,000)
Income tax benefit (expense) 301,000 (3,056,000)
Net income (loss) 2,814,000 5,813,000
Total assets 130,879,000 131,680,000
Operating Segments [Member]    
Segment Reporting Information [Line Items]    
Revenues 74,753,000 71,579,000
Segment operating expenses (54,622,000) (50,735,000)
Segment income (loss) from operations 20,131,000 20,844,000
Interest expense - mortgage (9,788,000) (9,767,000)
Loss on disposal of assets (398,000)  
Recovery of legal settlement costs   5,775,000
Depreciation and amortization expense (4,935,000) (5,054,000)
Loss from investments (2,497,000) (2,929,000)
Income tax benefit (expense) 301,000 (3,056,000)
Net income (loss) 2,814,000 5,813,000
Total assets 130,879,000 131,680,000
Hotel Operations [Member] | Operating Segments [Member]    
Segment Reporting Information [Line Items]    
Revenues 59,881,000 57,099,000
Segment operating expenses (44,466,000) (40,103,000)
Segment income (loss) from operations 15,415,000 16,996,000
Interest expense - mortgage (7,234,000) (7,237,000)
Loss on disposal of assets (398,000)  
Recovery of legal settlement costs   5,775,000
Depreciation and amortization expense (2,506,000) (2,707,000)
Loss from investments   0
Income tax benefit (expense)   0
Net income (loss) 5,277,000 12,827,000
Total assets 62,148,000 58,019,000
Real Estate Operations [Member] | Operating Segments [Member]    
Segment Reporting Information [Line Items]    
Revenues 14,872,000 14,480,000
Segment operating expenses (7,810,000) (7,579,000)
Segment income (loss) from operations 7,062,000 6,901,000
Interest expense - mortgage (2,554,000) (2,530,000)
Recovery of legal settlement costs   0
Depreciation and amortization expense (2,429,000) (2,347,000)
Loss from investments   0
Income tax benefit (expense)   0
Net income (loss) 2,079,000 2,024,000
Total assets 51,773,000 53,369,000
Investment Transactions [Member] | Operating Segments [Member]    
Segment Reporting Information [Line Items]    
Revenues   0
Segment operating expenses   0
Segment income (loss) from operations   0
Interest expense - mortgage   0
Recovery of legal settlement costs   0
Depreciation and amortization expense   0
Loss from investments (2,497,000) (2,929,000)
Income tax benefit (expense)   0
Net income (loss) (2,497,000) (2,929,000)
Total assets 10,308,000 14,654,000
Other [Member] | Operating Segments [Member]    
Segment Reporting Information [Line Items]    
Revenues   0
Segment operating expenses (2,346,000) (3,053,000)
Segment income (loss) from operations (2,346,000) (3,053,000)
Interest expense - mortgage   0
Recovery of legal settlement costs   0
Depreciation and amortization expense   0
Loss from investments   0
Income tax benefit (expense) 301,000 (3,056,000)
Net income (loss) (2,045,000) (6,109,000)
Total assets $ 6,650,000 $ 5,638,000