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Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Jun. 30, 2019
ASSETS    
Investment in Hotel, net $ 38,769,000 $ 39,836,000
Investment in real estate, net 50,338,000 51,773,000
Investment in marketable securities 6,178,000 9,696,000
Other investments, net 278,000 612,000
Cash and cash equivalents 14,163,000 11,837,000
Restricted cash 14,123,000 13,295,000
Other assets, net 1,985,000 2,362,000
Deferred tax asset 4,383,000 1,468,000
Total assets 130,217,000 130,879,000
Liabilities:    
Accounts payable and other liabilities 4,213,000 3,819,000
Accounts payable and other liabilities - Hotel 7,414,000 11,245,000
Due to securities broker 1,576,000 1,629,000
Obligations for securities sold 294,000 1,225,000
Related party and other notes payable 4,654,000 5,261,000
Other notes payable - SBA Loans 5,172,000
Finance leases 1,098,000 1,486,000
Line of credit payable 2,985,000 2,985,000
Mortgage notes payable - Hotel 111,446,000 113,087,000
Mortgage notes payable - real estate 65,612,000 58,571,000
Total liabilities 204,464,000 199,308,000
Commitments and contingencies - Note 18
Shareholders' deficit:    
Preferred stock, $.01 par value, 100,000 shares authorized; none issued
Common stock, $.01 par value, 4,000,000 shares authorized; 3,404,982 issued; 2,288,809 and 2,309,962 outstanding as of June 30, 2020 and 2019 33,000 33,000
Additional paid-in capital 6,626,000 10,342,000
Accumulated deficit (43,541,000) (39,760,000)
Treasury stock, at cost, 1,116,173 and 1,095,020 shares as of June 30, 2020 and 2019 (14,995,000) (14,347,000)
Total Intergroup shareholders' deficit (51,877,000) (43,732,000)
Noncontrolling interest (22,370,000) (24,697,000)
Total shareholders' deficit (74,247,000) (68,429,000)
Total liabilities and shareholders' deficit $ 130,217,000 $ 130,879,000