Investment in Hotel, Net (Tables)

9 Months Ended

Mar. 31, 2023

Investment In Hotel Net

Schedule of Investment in Hotel, Net

Investment in hotel consisted of the following as of:

March 31, 2023	Cost		Accumulated Depreciation			Net Book Value
Land	$	2,739,000	$	—		$	2,739,000
Finance Lease ROU assets		1,805,000		(1,160,000	)		645,000
Furniture and Equipment		36,991,000		(29,322,000	)		7,669,000
Building and improvements		64,664,000		(36,348,000	)		28,316,000
Investment in Hotel, net	$	106,199,000	$	(66,830,000	)	$	39,369,000

June 30, 2022	Cost		Accumulated Depreciation			Net Book Value
Land	$	2,738,000	$	—		$	2,738,000
Finance Lease ROU assets		1,805,000		(922,000	)		883,000
Furniture and Equipment		32,860,000		(28,567,000	)		4,293,000
Building and improvements		64,665,000		(35,312,000	)		29,353,000
Investment in Hotel, net	$	102,068,000	$	(64,801,000	)	$	37,267,000