XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2020
Jun. 30, 2020
ASSETS    
Investment in Hotel, net $ 38,325,000 $ 38,769,000
Investment in real estate, net 46,885,000 50,338,000
Investment in marketable securities 8,666,000 6,178,000
Other investments, net 98,000 278,000
Cash and cash equivalents 19,444,000 14,163,000
Restricted cash 11,693,000 14,123,000
Other assets, net 1,855,000 1,985,000
Deferred tax asset 2,408,000 4,383,000
Total assets 129,374,000 130,217,000
Liabilities:    
Accounts payable and other liabilities - Justice 6,731,000 7,414,000
Accounts payable and other liabilities 4,550,000 4,213,000
Due to securities broker 294,000 1,576,000
Obligations for securities sold 307,000 294,000
Related party and other notes payable 4,525,000 4,654,000
Finance leases 1,015,000 1,098,000
Other notes payable - SBA Loans 5,172,000 5,172,000
Line of credit payable 2,985,000
Mortgage notes payable - Hotel, net 111,137,000 111,446,000
Mortgage notes payable - real estate, net 65,206,000 65,612,000
Total liabilities 198,937,000 204,464,000
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 and 3,404,982 issued; 2,284,085 and 2,288,809 outstanding, respectively 33,000 33,000
Additional paid-in capital 6,631,000 6,626,000
Accumulated deficit (38,991,000) (43,541,000)
Treasury stock, at cost, 1,120,897 and 1,116,173 shares, respectively (15,135,000) (14,995,000)
Total Intergroup shareholders' deficit (47,462,000) (51,877,000)
Noncontrolling interest (22,101,000) (22,370,000)
Total shareholders' deficit (69,563,000) (74,247,000)
Total liabilities and shareholders' deficit $ 129,374,000 $ 130,217,000