Investment in Real Estate, Net (Tables)

9 Months Ended

Mar. 31, 2020

Real Estate [Abstract]

Schedule of Investment in Real Estate

Investment in real estate consisted of the following:

As of	March 31, 2020			June 30, 2019
Land	$	23,566,000		$	23,566,000
Buildings, improvements and equipment		69,216,000			68,369,000
Accumulated depreciation		(43,489,000	)		(41,629,000	)
		49,293,000			50,306,000
Land held for development		1,468,000			1,467,000
Investment in real estate, net	$	50,761,000		$	51,773,000