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Investment in Real Estate, Net (Tables)
9 Months Ended
Mar. 31, 2023
Real Estate [Abstract]  
Schedule of Investment in Real Estate

Investment in real estate consisted of the following:

 

   March 31, 2023   June 30, 2022 
Land  $22,998,000   $22,998,000 
Building, improvements and equipment   73,239,000    70,933,000 
Accumulated depreciation   (49,356,000)   (47,374,000)
Investment in real estate, gross   46,881,000    46,557,000 
Land held for development   1,468,000    1,468,000 
Investment in real estate, net  $48,349,000   $48,025,000