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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:    
Net income $ 3,756,000 $ 1,024,000
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 2,260,000 2,417,000
Gain from sale of real estate (12,043,000)
Deferred taxes (596,000) 371,000
Net unrealized (gain) loss on marketable securities (4,232,000) 491,000
Impairment loss on other investments 89,000
Stock compensation expense 10,000 17,000
Changes in operating assets and liabilities:    
Investment in marketable securities (11,598,000) 1,057,000
Other assets 3,000 (102,000)
Accounts payable and other liabilities - Justice (1,383,000) (2,651,000)
Accounts payable and other liabilities (452,000) 288,000
Due to securities broker 6,744,000 726,000
Obligations for securities sold 410,000 (1,209,000)
Net cash (used in) provided by operating activities (17,032,000) 2,429,000
Cash flows from investing activities:    
Payments for hotel investments (333,000) (909,000)
Payments for real estate investments (483,000) (531,000)
Proceeds from other investments 118,000 48,000
Proceeds from sale of real estate 15,178,000
Payments for investment in Santa Fe (97,000)
Net cash provided by (used in) investing activities 14,480,000 (1,489,000)
Cash flows from financing activities:    
Net payments of mortgage and other notes payable (190,000) (2,386,000)
Issuance cost from renewing line of credit (5,000)
Issuance cost from refinance of mortgage notes payable - real estate (233,000)
Purchase of treasury stock (256,000) (346,000)
Net cash used in financing activities (684,000) (2,732,000)
Net decrease in cash, cash equivalents and restricted cash (3,236,000) (1,792,000)
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 25,050,000 23,340,000
Supplemental information:    
Interest paid 4,631,000 4,799,000
Taxes paid 2,741,000 39,000
Non-cash transaction:    
Additions to Hotel equipment through capital lease $ 30,000