Accounts Payable and Other Liabilities

3 Months Ended

Sep. 30, 2019

Payables and Accruals [Abstract]

Accounts Payable and Other Liabilities

NOTE 13 – ACCOUNTS PAYABLE AND OTHER LIABILITIES

The following summarizes the balances of accounts payable and other liabilities as of September 30, 2019 and June 30, 2019.

As of	9/30/2019		6/30/2019
Trade payable	$	760,000	$	521,000
Advance deposits		354,000		378,000
Property tax payable		1,038,000		595,000
Payroll and related accruals		50,000		47,000
Interest payable		219,000		221,000
Withholding and other taxes payable		1,329,000		1,108,000
Security deposit		751,000		736,000
Other payables		194,000		160,000
Total accounts payable and other liabilities	$	4,695,000	$	3,766,000