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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Revenues:        
Total revenues $ 14,362,000 $ 10,458,000 $ 44,623,000 $ 31,593,000
Costs and operating expenses        
Hotel operating expenses (8,413,000) (6,544,000) (26,445,000) (19,356,000)
Rental real estate operating expenses (2,770,000) (2,270,000) (7,695,000) (6,620,000)
Depreciation and amortization expense (1,380,000) (1,185,000) (4,012,000) (3,468,000)
General and administrative expenses (836,000) (580,000) (2,448,000) (1,966,000)
Total costs and operating expenses (13,399,000) (10,579,000) (40,600,000) (31,410,000)
Income from operations 963,000 (121,000) 4,023,000 183,000
Other income (expense)        
Interest expense - mortgage (2,101,000) (2,188,000) (6,483,000) (6,712,000)
Net gain (loss) on marketable securities 866,000 906,000 1,440,000 (1,032,000)
Net loss on marketable securities - Comstock     (2,581,000)
Gain on debt extinguishment     1,665,000
Gain on insurance recovery     2,692,000
Impairment loss on other investments     (41,000)
Dividend and interest income 72,000 158,000 369,000 807,000
Trading and margin interest expense (473,000) (339,000) (1,182,000) (1,053,000)
Total other expense, net (1,636,000) (1,463,000) (3,164,000) (8,947,000)
Income (loss) before income taxes (673,000) (1,584,000) 859,000 (8,764,000)
Income tax (expense) benefit 59,000 711,000 (107,000) 2,742,000
Net income (loss) (614,000) (873,000) 752,000 (6,022,000)
Less: Net loss attributable to the noncontrolling interest 258,000 407,000 583,000 1,392,000
Net income (loss) attributable to InterGroup Corporation $ (356,000) $ (466,000) $ 1,335,000 $ (4,630,000)
Net loss per share attributable to InterGroup Corporation        
Basic $ (0.16) $ (0.21) $ 0.60 $ (2.09)
Diluted $ 0.54
Weighted average number of basic common shares outstanding 2,211,066 2,230,872 2,222,801 2,219,220
Weighted average number of diluted common shares outstanding 2,473,996
Hotel [Member]        
Revenues:        
Total revenues $ 10,430,000 $ 6,632,000 $ 32,632,000 $ 19,785,000
Rental Income [Member]        
Revenues:        
Total revenues $ 3,932,000 $ 3,826,000 $ 11,991,000 $ 11,808,000