Investment in Hotel, Net (Tables)

9 Months Ended

Mar. 31, 2021

Investments, All Other Investments [Abstract]

Schedule of Investment in Hotel

Investment in hotel consisted of the following as of:

			Accumulated			Net Book
March 31, 2021	Cost		Depreciation			Value
Land	$	2,738,000	$	-		$	2,738,000
Finance lease ROU assets		1,805,000		(527,000	)		1,278,000
Furniture and equipment		30,438,000		(27,857,000	)		2,581,000
Building and improvements		64,585,000		(33,583,000	)		31,002,000
Investment in Hotel, net	$	99,566,000	$	(61,967,000	)	$	37,599,000

				Accumulated			Net Book
June 30, 2020		Cost		Depreciation			Value
Land	$	2,738,000	$	-		$	2,738,000
Finance lease ROU assets		1,775,000		(291,000	)		1,484,000
Furniture and equipment		30,528,000		(27,498,000	)		3,030,000
Building and improvements		64,005,000		(32,488,000	)		31,517,000
Investment in Hotel, net	$	99,046,000	$	(60,277,000	)	$	38,769,000