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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:    
Net income (loss) $ 1,366,000 $ (5,149,000)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 2,525,000 2,223,000
Gain on extinguishment of debt (2,000,000)
Gain on insurance recovery (2,692,000)
Deferred taxes (2,032,000)
Net unrealized (gain) loss on marketable securities (2,096,000) 3,519,000
Impairment loss on other investments 41,000
Stock compensation expense 4,000
Changes in operating assets and liabilities:    
Investment in marketable securities (8,944,000) 11,125,000
Other assets, net (785,000) (893,000)
Accounts payable and other liabilities - Hotel 2,422,000 (217,000)
Accounts payable and other liabilities 71,000 159,000
Due to securities broker 5,950,000 (7,263,000)
Obligations for securities sold (326,000) (4,109,000)
Net cash used in operating activities (2,509,000) (4,592,000)
Cash flows from investing activities:    
Payments for hotel investments (2,682,000) (1,262,000)
Payments for real estate investments (1,820,000) (654,000)
Insurance proceeds for property damage claims 2,692,000
Payments for investment in Portsmouth (166,000) (17,000)
Payments for investment in Justice (344,000)
Net cash used in investing activities (1,976,000) (2,277,000)
Cash flows from financing activities:    
Payments of mortgage, financed leases and other notes payable, net (1,716,000) (2,130,000)
Proceeds from refinance of mortgage notes payable 16,099,000
Issuance costs of refinancing mortgage and other notes payable (91,000)
Purchase of treasury stock (1,242,000) (1,587,000)
Net cash (used in) provided by financing activities (2,958,000) 12,291,000
Net (decrease) increase in cash, cash equivalents and restricted cash (7,443,000) 5,422,000
Cash, cash equivalents and restricted cash at the beginning of the period 23,349,000 15,392,000
Cash, cash equivalents and restricted cash at the end of the period 15,906,000 20,814,000
Supplemental information:    
Interest paid 3,528,000 4,093,000
Taxes paid $ 679,000