RELATED PARTY AND OTHER FINANCING TRANSACTIONS (Tables)

6 Months Ended

Dec. 31, 2022

Related Party Transactions [Abstract]

SUMMARY OF RELATED PARTY AND OTHER NOTES PAYABLE

The following summarizes the balances of related party and other notes payable as of December 31, 2022 and June 30, 2022, respectively.

As of	December 31, 2022		June 30, 2022
Related party note payable - Hilton	$	2,217,000	$	2,375,000
Related party note payable - Aimbridge		1,021,000		1,146,000
Total related party notes payable	$	3,238,000	$	3,521,000

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,
2023	$	283,000
2024		567,000
2025		567,000
2026		567,000
2027		463,000
Thereafter		791,000
	$	3,238,000