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Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Income Tax Disclosure [Abstract]    
Statutory federal tax rate $ (3,169,000) $ 1,593,000
State income taxes, net of federal tax benefit (834,000) 812,000
Dividend received deduction 51,000 18,000
Disallowed interest 214,000 504,000
Net operating loss 105,000
Valuation allowance (319,000) 49,000
Basis difference in investments 39,000
Carryback tax payable 304,000
Other 45,000 (221,000)
Income Tax Expense (Benefit), Continuing Operations, Discontinued Operations, Extraordinary Items $ (3,603,000) $ 2,794,000