Investment in Hotel, Net (Tables)

9 Months Ended

Mar. 31, 2020

Investments, All Other Investments [Abstract]

Schedule of Investment in Hotel

Investment in hotel consisted of the following as of:

			Accumulated			Net Book
March 31, 2020	Cost		Depreciation			Value
Land	$	2,738,000	$	-		$	2,738,000
Finance lease ROU assets		1,746,000		(213,000	)		1,533,000
Furniture and equipment		30,472,000		(27,358,000	)		3,114,000
Building and improvements		64,005,000		(32,118,000	)		31,887,000
Investment in Hotel, net	$	98,961,000	$	(59,689,000	)	$	39,272,000

			Accumulated			Net Book
June 30, 2019	Cost		Depreciation			Value
Land	$	2,738,000	$	-		$	2,738,000
Finance lease ROU assets		521,000		(35,000	)		486,000
Furniture and equipment		30,585,000		(26,842,000	)		3,743,000
Building and improvements		63,879,000		(31,010,000	)		32,869,000
Investment in Hotel, net	$	97,723,000	$	(57,887,000	)	$	39,836,000