Segment Information (Tables)

6 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

As of and for the three months	Hotel			Real Estate			Investment
ended December 31, 2019	Operations			Operations			Transactions			Corporate			Total
Revenues	$	14,901,000		$	3,839,000		$	-		$	-		$	18,740,000
Segment operating expenses		(11,730,000	)		(2,089,000	)		-			(581,000	)		(14,400,000	)
Segment income (loss) from operations		3,171,000			1,750,000			-			(581,000	)		4,340,000
Interest expense - mortgage		(1,735,000	)		(595,000	)		-			-			(2,330,000	)
Depreciation and amortization expense		(611,000	)		(621,000	)		-			-			(1,232,000	)
Loss from investments		-			-			(249,000	)		-			(249,000	)
Income tax expense		-			-			-			(149,000	)		(149,000	)
Net income (loss)	$	825,000		$	534,000		$	(249,000	)	$	(730,000	)	$	380,000
Total assets	$	59,981,000		$	51,064,000		$	8,712,000		$	6,460,000		$	126,217,000

For the three months	Hotel			Real Estate			Investment
ended December 31, 2018	Operations			Operations			Transactions			Corporate			Total
Revenues	$	13,997,000		$	3,752,000		$	-		$	-		$	17,749,000
Segment operating expenses		(11,236,000	)		(1,866,000	)		-			(479,000	)		(13,581,000	)
Segment income (loss) from operations		2,761,000			1,886,000			-			(479,000	)		4,168,000
Interest expense - mortgage		(1,797,000	)		(608,000	)		-			-			(2,405,000	)
Depreciation and amortization expense		(643,000	)		(606,000	)		-			-			(1,249,000	)
Loss from investments		-			-			(2,076,000	)		-			(2,076,000	)
Income tax benefit		-			-			-			440,000			440,000
Net income (loss)	$	321,000		$	672,000		$	(2,076,000	)	$	(39,000	)	$	(1,122,000	)

As of and for the six months	Hotel			Real Estate			Investment
ended December 31, 2019	Operations			Operations			Transactions			Corporate			Total
Revenues	$	30,330,000		$	7,556,000		$	-		$	-		$	37,886,000
Segment operating expenses		(23,078,000	)		(4,039,000	)		-			(1,341,000	)		(28,458,000	)
Segment income (loss) from operations		7,252,000			3,517,000			-			(1,341,000	)		9,428,000
Interest expense - mortgage		(3,527,000	)		(1,200,000	)		-			-			(4,727,000	)
Depreciation and amortization expense		(1,204,000	)		(1,241,000	)		-			-			(2,445,000	)
Loss from investments		-			-			(861,000	)		-			(861,000	)
Income tax expense		-			-			-			(371,000	)		(371,000	)
Net income (loss)	$	2,521,000		$	1,076,000		$	(861,000	)	$	(1,712,000	)	$	1,024,000
Total assets	$	59,981,000		$	51,064,000		$	8,712,000		$	6,460,000		$	126,217,000

For the six months	Hotel			Real Estate			Investment
ended December 31, 2018	Operations			Operations			Transactions			Corporate			Total
Revenues	$	29,807,000		$	7,431,000		$	-		$	-		$	37,238,000
Segment operating expenses		(22,046,000	)		(3,878,000	)		-			(1,122,000	)		(27,046,000	)
Segment income (loss) from operations		7,761,000			3,553,000			-			(1,122,000	)		10,192,000
Interest expense - mortgage		(3,611,000	)		(1,359,000	)		-			-			(4,970,000	)
Depreciation and amortization expense		(1,285,000	)		(1,207,000	)		-			-			(2,492,000	)
Loss from investments		-			-			(2,454,000	)		-			(2,454,000	)
Income tax expense		-			-			-			(270,000	)		(270,000	)
Net income (loss)	$	2,865,000		$	987,000		$	(2,454,000	)	$	(1,392,000	)	$	6,000