RELATED PARTY AND OTHER FINANCING TRANSACTIONS (Tables)

6 Months Ended

Dec. 31, 2021

Related Party And Other Financing Transactions

SCHEDULE OF RELATED PARTY AND OTHER NOTES PAYABLE

The following summarizes the balances of related party and other notes payable as of December 31, 2021 and June 30, 2021, respectively.

As of	December 31, 2021		June 30, 2021
Note Payable - Hilton	$	2,533,000	$	2,692,000
Related party note payable - Aimbridge		1,271,000		1,396,000
SBA Loans		-		2,000,000
Total related party and other notes payable	$	3,804,000	$	6,088,000

SCHEDULE OF FUTURE MINIMUM PRINCIPAL PAYMENTS

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

For the year ending June 30,
2022	$	283,000
2023		567,000
2024		567,000
2025		567,000
2026		567,000
Thereafter		1,253,000
	$	3,804,000