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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Net (loss) income $ (5,149,000) $ 3,756,000
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Depreciation and amortization 2,223,000 2,260,000
Gain on extinguishment of debt (2,000,000)
Gain on sale of real estate (12,043,000)
Deferred taxes (2,032,000) (596,000)
Net unrealized loss (gain) on marketable securities 3,519,000 (4,232,000)
Impairment loss on other investments 41,000 89,000
Stock compensation expense 4,000 10,000
Changes in operating assets and liabilities:    
Investment in marketable securities 11,125,000 (11,598,000)
Other assets (893,000) 3,000
Accounts payable and other liabilities - Justice (217,000) (1,383,000)
Accounts payable and other liabilities 159,000 (452,000)
Due to securities broker (7,263,000) 6,744,000
Obligations for securities sold (4,109,000) 410,000
Net cash used in operating activities (4,592,000) (17,032,000)
Cash flows from investing activities:    
Payments for hotel investments (1,262,000) (333,000)
Payments for real estate investments (654,000) (483,000)
Payments for investment in Portsmouth (17,000)
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 (2,277,000) 14,480,000
Cash flows from financing activities:    
Payments of mortgage and other notes payable (2,130,000) (4,517,000)
Proceeds from refinance of mortgage notes payable 16,099,000 4,327,000
Purchase of treasury stock (1,587,000) (256,000)
Net cash provided by (used in) financing activities 12,291,000 (684,000)
Net increase (decrease) in cash, cash equivalents and restricted cash 5,422,000 (3,236,000)
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 20,814,000 25,050,000
Supplemental information:    
Interest paid 4,093,000 4,631,000
Taxes paid 679,000 2,741,000
Non-cash transaction:    
Additions to Hotel equipment through finance lease 30,000
Line of Credit [Member]    
Cash flows from financing activities:    
Issuance costs (5,000)
Mortgage And Other Notes Payable [Member]    
Cash flows from financing activities:    
Issuance costs $ (91,000) $ (233,000)