Investment in Real Estate, Net (Tables)

3 Months Ended

Sep. 30, 2019

Real Estate [Abstract]

Schedule of Investment in Real Estate

Investment in real estate consisted of the following:

As of	September 30, 2019			June 30, 2019
Land	$	23,566,000		$	23,566,000
Buildings, improvements and equipment		68,636,000			68,369,000
Accumulated depreciation		(42,248,000	)		(41,629,000	)
		49,954,000			50,306,000
Land held for development		1,467,000			1,467,000
Investment in real estate, net	$	51,421,000		$	51,773,000