Investment in Real Estate, Net (Tables)

9 Months Ended

Mar. 31, 2021

Real Estate [Abstract]

Schedule of Investment in Real Estate

The Company also has an investment in unimproved real property. Investment in real estate consisted of the following:

As of		March 31, 2021			June 30, 2020
Land	$	21,568,000		$	23,565,000
Buildings, improvements and equipment		67,517,000			69,417,000
Accumulated depreciation		(44,328,000	)		(44,112,000	)
		44,757,000			48,870,000
Land held for development		1,468,000			1,468,000
Investment in real estate, net	$	46,225,000		$	50,338,000