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Fair Value Measurements (Tables)
12 Months Ended
Jun. 30, 2020
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Measurement on Recurring Basis

The assets measured at fair value on a recurring basis are as follows:

 

As of June 30, 2020      
    Level 1  
Assets:        
Investment in marketable securities:        
REITs and real estate companies   $ 2,365,000  
Basic material     1,209,000  
Energy     767,000  
Industrials     484,000  
Corporate bonds     417,000  
Other     936,000  
    $ 6,178,000  

 

As of June 30, 2019      
    Level 1  
Assets:        
Investment in marketable securities:        
REITs and real estate companies   $ 3,069,000  
Consumer cyclical     1,448,000  
Corporate bonds     1,420,000  
Financial services     951,000  
Energy     950,000  
Other     1,858,000  
    $ 9,696,000  

Schedule of Fair Value Measurements on Non-recurring Basis

The following table shows the fair value hierarchy for these assets measured at fair value on a non-recurring basis as follows:

 

Assets   Level 3     June 30, 2020     Net loss for the year
ended June 30, 2020
 
                         
Other non-marketable investments   $ 278,000     $ 278,000     $ (219,000 )

 

               

 

Net loss for the year

 
Assets   Level 3     June 30, 2019     ended June 30, 2019  
                         
Other non-marketable investments   $ 612,000     $ 612,000     $ (98,000 )