Investment in Real Estate, Net (Tables)

6 Months Ended

Dec. 31, 2020

Real Estate [Abstract]

Schedule of Investment in Real Estate

Investment in real estate consisted of the following:

As of	December 31, 2020			June 30, 2020
Land	$	21,568,000		$	23,565,000
Buildings, improvements and equipment		67,170,000			69,417,000
Accumulated depreciation		(43,730,000	)		(44,112,000	)
		45,008,000			48,870,000
Land held for development		1,468,000			1,468,000
Investment in real estate, net	$	46,476,000		$	50,338,000