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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2020
Sep. 30, 2019
Mar. 31, 2019
Sep. 30, 2018
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Jun. 30, 2019
Cash flows from operating activities:                
Net (loss) income $ (3,059,000) $ 644,000 $ 1,335,000 $ 1,128,000 $ (2,035,000) $ 1,341,000    
Adjustments to reconcile net (loss) income to net cash provided by operating activities:                
Depreciation and amortization         3,594,000 3,626,000    
Loss on disposal of assets   398,000   398,000    
Deferred taxes         (688,000) 771,000    
Net unrealized loss on marketable securities         1,771,000 1,534,000    
Impairment loss on other investments         103,000 98,000    
Stock compensation expense 121,000   9,000   138,000 68,000    
Changes in operating assets and liabilities:                
Investment in marketable securities         5,072,000 1,473,000    
Other assets         233,000 2,555,000    
Accounts payable and other liabilities - Justice         (3,182,000) (2,740,000)    
Accounts payable and other liabilities         96,000    
Due to securities broker         (1,606,000) 137,000    
Obligations for securities sold         (1,225,000) (1,231,000)    
Net cash provided by operating activities         2,271,000 8,030,000    
Cash flows from investing activities:                
Payments for hotel investments         (1,207,000) (982,000)    
Payments for real estate investments         (848,000) (566,000)    
Payments for investment in Santa Fe         (1,023,000) (15,000)    
Payments for investment in Portsmouth         (62,000)    
Proceeds from other investments         115,000 103,000    
Investment in Woodland         913,000    
Net cash used in investing activities         (2,112,000) (1,460,000)    
Cash flows from financing activities:                
Net payments of mortgage and other notes payable         (3,236,000) (5,174,000)    
Proceeds from line of credit         2,985,000    
Purchase of treasury stock         (568,000) (538,000)    
Net cash used in financing activities         (3,804,000) (2,727,000)    
Net (decrease) increase in cash, cash equivalents and restricted cash         (3,645,000) 3,843,000    
Cash, cash equivalents and restricted cash at the beginning of the period   $ 25,132,000   $ 17,511,000 25,132,000 17,511,000 $ 21,354,000 $ 17,511,000
Cash, cash equivalents and restricted cash at the end of the period $ 21,487,000   $ 21,354,000   21,487,000 21,354,000 $ 21,487,000 $ 25,132,000
Supplemental information:                
Interest paid         7,083,000 7,542,000    
Taxes paid (refund received)         41,000 (1,349,000)    
Non-cash transaction:                
Additions to Hotel equipment through capital lease         $ 30,000 $ 71,000