XML 53 R39.htm IDEA: XBRL DOCUMENT v3.21.2
Business and Significant Accounting Policies and Practices (Details Narrative) - USD ($)
12 Months Ended
Feb. 03, 2017
Jun. 30, 2021
Jun. 30, 2020
Feb. 19, 2021
Agreement description   Justice entered into a Hotel management agreement ("HMA") with Interstate Management Company, LLC ("Interstate") to manage the Hotel, along with its five-level parking garage, with an effective takeover date of February 3, 2017. The term of the management agreement is for an initial period of ten years commencing on the takeover date and automatically renews for successive one (1) year periods, to not exceed five years in the aggregate, subject to certain conditions. Under the terms of the HMA, base management fee payable to Interstate shall be one and seven-tenths percent (1.70%) of total Hotel revenue.    
Accrued interests     $ 1,009,000  
Unamortized portion amount   $ 1,396,000 1,646,000  
Impairment losses related to other investments   119,000 219,000  
Allowance for impairment losses   $ 4,595,000 6,270,000  
Asset amortized life   15 years    
Allowance for doubtful accounts   $ 531,000 $ 79,000  
Allowances related to rental properties   $ 514,000    
Acquisition of treasury stock   65,890 21,153  
Advertising cost   $ 110,000 $ 176,000  
Buildings Improvements [Member] | Minimum [Member]        
Estimated useful lives   3 years    
Buildings Improvements [Member] | Maximum [Member]        
Estimated useful lives   39 years    
Furniture And Fixtures [Member] | Minimum [Member]        
Estimated useful lives   3 years    
Furniture And Fixtures [Member] | Maximum [Member]        
Estimated useful lives   7 years    
Rental Property [Member] | Minimum [Member]        
Estimated useful lives     5 years  
Rental Property [Member] | Maximum [Member]        
Estimated useful lives     40 years  
Building and Improvements [Member] | Minimum [Member]        
Estimated useful lives     5 years  
Building and Improvements [Member] | Maximum [Member]        
Estimated useful lives     10 years  
Mortgage Note Payable [Member]        
Bears interest percentage 1.70%      
Interest free note payable amount $ 2,000,000      
Mr. Winfield [Member]        
Potentially dilutive securities outstanding   323,195    
Mr. Gonzalez [Member]        
Potentially dilutive securities outstanding   14,400    
Portsmouth [Member]        
Equity investment interest   74.90%    
Ownership interest percentage   68.80%    
Santa Fe [Member]        
Equity investment interest   83.70%   83.70%
Santa Fe [Member] | Chairman and CEO [Member]        
Equity investment interest   3.70%    
Cash received in liquidation   $ 221,000    
Shares received in liquidation   18,641    
Portsmouth [Member]        
Equity investment interest   74.90%   68.80%
Cash received in liquidation   $ 5,013,000    
Shares received in liquidation   422,998    
Portsmouth [Member] | President, Chairman of the Board and Chief Executive Officer, John Winfield [Member]        
Equity investment interest   2.50%    
Justice Investors Limited Partnership and Intergroup [Member]        
Equity investment interest   99.30%