Related Party and Other Financing Transactions (Tables)

12 Months Ended

Jun. 30, 2021

Related Party Transactions [Abstract]

Summary of Related Party and Other Notes Payable

The following summarizes the balances of related party and other notes payable as of June 30, 2021 and 2020, respectively.

As of June 30,	2021		2020
Note payable - Hilton	$	2,692,000	$	3,008,000
Note payable - Interstate		1,396,000		1,646,000
Other notes payable - SBA Loans		2,000,000		5,172,000
Total related party and other notes payable	$	6,088,000	$	9,826,000

Schedule of Minimum Future Lease Payments

Minimum future lease payments for assets under finance leases as of June 30, 2022 are as follows:

For the year ending June 30,
2022	$	508,000
2023		188,000
Total minimum lease payments		696,000
Less interest on finance lease		(32,000	)
Present value of future minimum lease payments	$	664,000

Schedule of Future Minimum Principal Payments

Future minimum principal payments for all related party and other financing transactions are as follows:

For the year ending June 30,
2022	$	1,048,000
2023		750,000
2024		567,000
2025		567,000
2026		2,567,000
Thereafter		1,253,000
	$	6,752,000