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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net (loss) income $ (2,906,000) $ 4,819,000
Adjustments to reconcile net (loss) income to net cash provided by (used in)    
Depreciation and amortization 1,112,000 1,146,000
Gain on sale of real estate (12,043,000)
Deferred taxes (1,115,000) 1,975,000
Net unrealized loss (gain) on marketable securities 4,421,000 (104,000)
Impairment loss on other investments 62,000
Stock compensation expense 2,000 5,000
Changes in operating assets and liabilities:    
Investment in marketable securities 7,937,000 (2,384,000)
Other assets (1,513,000) 130,000
Accounts payable and other liabilities - Justice 1,144,000 (683,000)
Accounts payable and other liabilities 511,000 337,000
Due to securities broker (6,747,000) (1,282,000)
Obligations for securities sold (349,000) 13,000
Net cash provided by (used in) operating activities 2,497,000 (8,009,000)
Cash flows from investing activities:    
Payments for hotel investments (240,000) (105,000)
Payments for real estate investments (223,000) (294,000)
Payments for investment in Portsmouth (8,000)
Payments for investment in Justice (344,000)
Proceeds from sale of real estate 15,178,000
Proceeds from other investments 118,000
Net cash (used in) provided by investing activities (815,000) 14,897,000
Cash flows from financing activities:    
Net payments of mortgage and other notes payable (823,000) (3,863,000)
Proceeds from refinance of mortgage notes payable 3,161,000
Issuance costs of refinancing mortgage and other notes payable (39,000) (34,000)
Purchase of treasury stock (74,000) (140,000)
Net cash provided by (used in) financing activities 2,225,000 (4,037,000)
Net increase in cash, cash equivalents and restricted cash 3,907,000 2,851,000
Cash, cash equivalents and restricted cash at the beginning of the period 15,392,000 28,286,000
Cash, cash equivalents and restricted cash at the end of the period 19,299,000 31,137,000
Supplemental information:    
Interest paid 2,092,000 2,345,000
Taxes paid 73,000 153,000
Non-cash transaction:    
Additions to Hotel equipment through capital lease $ 30,000