Accounts Payable and Other Liabilities - Hotel

9 Months Ended

Mar. 31, 2023

Payables and Accruals [Abstract]

Accounts Payable and Other Liabilities - Hotel

Note 12. Accounts Payable and Other Liabilities - Hotel

The following summarizes the balances of accounts payable and other liabilities – Hotel as of March 31, 2023 and June 30, 2022:

As of	March 31, 2023		June 30, 2022
Payroll and related accruals	$	2,524,000	$	2,223,000
Trade Payable		2,693,000		2,841,000
Withholding and other taxes payable		700,000		920,000
Advance deposits		389,000		493,000
Management fees payable		—		76,000
Lease payable		—		183,000
Security Deposit		52,000		52,000
Mortgage interest payable		1,134,000		513,000
Franchise fee payable		2,219,000		184,000
Management fee payable		1,488,000		1,005,000
Other payables		560,000		—
Total accounts payable and other liabilities - Hotel	$	11,759,000	$	8,490,000