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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net income $ 4,819,000 $ 644,000
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 1,146,000 1,224,000
Gain on sale of real estate (12,043,000)
Deferred taxes 1,975,000
Net unrealized (gain) loss on marketable securities (104,000) 375,000
Impairment loss on other investments 62,000
Stock compensation expense 5,000 8,000
Changes in operating assets and liabilities:    
Investment in marketable securities (2,384,000) 784,000
Other assets 130,000 (219,000)
Accounts payable and other liabilities - Justice (683,000) (540,000)
Accounts payable and other liabilities 337,000 929,000
Due to securities broker (1,282,000) (229,000)
Obligations for securities sold 13,000 (225,000)
Net cash (used in) provided by operating activities (8,009,000) 2,751,000
Cash flows from investing activities:    
Payments for hotel investments (105,000) (624,000)
Payments for real estate investments (294,000) (267,000)
Payments for investment in Santa Fe (73,000)
Proceeds from sale of real estate 15,178,000
Proceeds from other investments 118,000 48,000
Net cash provided by (used in) investing activities 14,897,000 (916,000)
Cash flows from financing activities:    
Net payments of mortgage and other notes payable (3,863,000) (1,387,000)
Issuance costs of refinancing mortgage and other notes payable (34,000)
Purchase of treasury stock (140,000) (156,000)
Net cash used in financing activities (4,037,000) (1,543,000)
Net increase in cash, cash equivalents and restricted cash 2,851,000 292,000
Cash, cash equivalents and restricted cash at the beginning of the period 28,286,000 25,132,000
Cash, cash equivalents and restricted cash at the end of the period 31,137,000 25,424,000
Supplemental information:    
Interest paid 2,345,000 2,445,000
Taxes paid 153,000
Non-cash transaction:    
Additions to Hotel equipment through capital lease $ 30,000