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Investment in Real Estate, Net (Tables)
3 Months Ended
Sep. 30, 2020
Real Estate [Abstract]  
Schedule of Investment in Real Estate

Investment in real estate consisted of the following:

 

As of   September 30, 2020     June 30, 2020  
Land   $ 21,568,000     $ 23,565,000  
Buildings, improvements and equipment     67,198,000       69,417,000  
Accumulated depreciation     (43,349,000 )     (44,112,000 )
      45,417,000       48,870,000  
Land held for development     1,468,000       1,468,000  
Investment in real estate, net   $ 46,885,000     $ 50,338,000