ACCOUNTS PAYABLE AND OTHER LIABILITIES

9 Months Ended

Mar. 31, 2022

Payables and Accruals [Abstract]

ACCOUNTS PAYABLE AND OTHER LIABILITIES

NOTE 13 – ACCOUNTS PAYABLE AND OTHER LIABILITIES

The following summarizes the balances of accounts payable and other liabilities as of March 31, 2022 and June 30, 2021.

As of	March 31, 2022		June 30, 2021
Trade payable	$	689,000	$	485,000
Advance deposits		281,000		282,000
Property tax payable		416,000		559,000
Payroll and related accruals		54,000		42,000
Interest payable		244,000		142,000
Withholding and other taxes payable		262,000		867,000
Tenant security deposit		835,000		789,000
Other payables		259,000		191,000
Total accounts payable and other liabilities	$	3,040,000	$	3,357,000