XML 18 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Operations - USD ($)
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Revenues:    
Total revenues $ 28,658,000 $ 58,017,000
Costs and operating expenses:    
Depreciation and amortization expense (4,639,000) (4,872,000)
General and administrative expense (3,109,000) (2,870,000)
Total costs and operating expenses (33,528,000) (53,126,000)
(Loss) income from operations (4,870,000) 4,891,000
Other income (expense):    
Interest expense - mortgage (8,914,000) (9,321,000)
Gain from sale of real estate 12,043,000
Gain on disposal of assets 12,000
Net gain (loss) on marketable securities 8,248,000 (1,913,000)
Net gain on marketable securities - Comstock 3,390,000
Gain on debt forgiveness 5,172,000
Loss on debt extinguishment (687,000)
Impairment loss on other investments (119,000) (219,000)
Dividend and interest income 519,000 363,000
Trading and margin interest expense (1,333,000) (997,000)
Net other income (expense) 19,018,000 (12,774,000)
Income (loss) before income taxes 14,148,000 (7,883,000)
Income tax (expense) benefit (3,603,000) 2,794,000
Net income (loss) 10,545,000 (5,089,000)
Less: Net (income) loss attributable to the non-controlling interest (136,000) 1,308,000
Net income (loss) attributable to InterGroup $ 10,409,000 $ (3,781,000)
Basic $ 4.74 $ (2.21)
Diluted 4.12 (2.21)
Net income (loss) per share attributable to InterGroup    
Basic 4.68 (1.64)
Diluted $ 4.06 $ (1.64)
Weighted average number of common shares outstanding 2,222,919 2,300,059
Weighted average number of diluted shares outstanding 2,560,514 2,623,254
Hotel [Member]    
Revenues:    
Total revenues $ 14,668,000 $ 42,839,000
Costs and operating expenses:    
Total costs and operating expenses (17,911,000) (37,333,000)
Real Estate [Member]    
Revenues:    
Total revenues 13,990,000 15,178,000
Costs and operating expenses:    
Total costs and operating expenses $ (7,869,000) $ (8,051,000)