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SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION (Details) - USD ($)
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Income Tax Disclosure [Abstract]    
Statutory federal tax rate $ 2,446,000 $ (3,169,000)
State income taxes, net of federal tax benefit 204,000 (834,000)
Dividend received deduction 103,000 51,000
PPP Loan forgiveness 1,391,000
Provision to return adjustment 634,000
Deferral true up – Justice difference in basis of fixed assets 11,621,000
Disallowed interest   214,000
Net operating loss 32,000 105,000
Valuation allowance (15,201,000) (319,000)
Basis difference in investments
Carryback claim refundable 304,000
Payable true up (311,000)
Other 111,000 45,000
Income tax expense (benefit) $ 1,030,000 $ (3,603,000)