XML 57 R47.htm IDEA: XBRL DOCUMENT v3.23.1
Schedule of Segment Reporting Information (Details) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2021
Mar. 31, 2023
Mar. 31, 2022
Jun. 30, 2022
Segment Reporting Information [Line Items]                  
Revenues $ 14,362,000     $ 10,458,000     $ 44,623,000 $ 31,593,000  
Segment operating expenses (13,399,000)     (10,579,000)     (40,600,000) (31,410,000)  
Segment income (loss) 963,000     (121,000)     4,023,000 183,000  
Interest expense - mortgage (2,101,000)     (2,188,000)     (6,483,000) (6,712,000)  
Depreciation and amortization expense (1,380,000)     (1,185,000)     (4,012,000) (3,468,000)  
Gain (loss) from debt extinguishment             1,665,000  
Gain on Insurance Recovery             2,692,000  
Income tax benefits (59,000)     (711,000)     107,000 (2,742,000)  
Net income (loss) (614,000) $ 1,567,000 $ (201,000) (873,000) $ (2,243,000) $ (2,906,000) 752,000 (6,022,000)  
Total assets 124,889,000           124,889,000   $ 126,046,000
Operating Segments [Member]                  
Segment Reporting Information [Line Items]                  
Revenues 14,362,000     10,458,000     44,623,000 31,593,000  
Segment operating expenses (12,019,000)     (9,394,000)     (36,588,000) (27,942,000)  
Segment income (loss) 2,343,000     1,064,000     8,035,000 3,651,000  
Interest expense - mortgage (2,101,000)     (2,188,000)     (6,483,000) (6,712,000)  
Depreciation and amortization expense (1,380,000)     (1,185,000)     (4,012,000) (3,468,000)  
Gain (loss) from debt extinguishment               1,665,000  
Income (loss) from investments 465,000     725,000     627,000 (3,900,000)  
Gain on Insurance Recovery             2,692,000    
Income tax benefits 59,000     711,000     (107,000) 2,742,000  
Net income (loss) (614,000)     (873,000)     752,000 (6,022,000)  
Total assets 124,889,000     133,053,000     124,889,000 133,053,000  
Hotel Operations [Member]                  
Segment Reporting Information [Line Items]                  
Revenues 10,430,000     6,632,000     32,632,000 19,785,000  
Segment operating expenses (8,413,000)     (6,544,000)     (26,445,000) (19,356,000)  
Segment income (loss) 2,017,000     88,000     6,187,000 429,000  
Interest expense - mortgage (1,584,000)     (1,624,000)     (4,871,000) (4,939,000)  
Depreciation and amortization expense (693,000)     (576,000)     (1,955,000) (1,669,000)  
Gain (loss) from debt extinguishment               2,000,000  
Income (loss) from investments          
Gain on Insurance Recovery                
Income tax benefits          
Net income (loss) (260,000)     (2,112,000)     (639,000) (4,179,000)  
Total assets 49,162,000     46,385,000     49,162,000 46,385,000  
Real Estate Operations [Member]                  
Segment Reporting Information [Line Items]                  
Revenues 3,932,000     3,826,000     11,991,000 11,808,000  
Segment operating expenses (2,770,000)     (2,270,000)     (7,695,000) (6,620,000)  
Segment income (loss) 1,162,000     1,556,000     4,296,000 5,188,000  
Interest expense - mortgage (517,000)     (564,000)     (1,612,000) (1,773,000)  
Depreciation and amortization expense (687,000)     (609,000)     (2,057,000) (1,799,000)  
Gain (loss) from debt extinguishment               (335,000)  
Income (loss) from investments          
Gain on Insurance Recovery             2,692,000    
Income tax benefits          
Net income (loss) (42,000)     383,000     3,319,000 1,281,000  
Total assets 48,349,000     47,625,000     48,349,000 47,625,000  
Investment Transactions [Member]                  
Segment Reporting Information [Line Items]                  
Revenues          
Segment operating expenses          
Segment income (loss)          
Interest expense - mortgage          
Depreciation and amortization expense          
Gain (loss) from debt extinguishment                
Income (loss) from investments 465,000     725,000     627,000 (3,900,000)  
Gain on Insurance Recovery                
Income tax benefits          
Net income (loss) 465,000     725,000     627,000 (3,900,000)  
Total assets 16,967,000     25,541,000     16,967,000 25,541,000  
Corporate Segment [Member]                  
Segment Reporting Information [Line Items]                  
Revenues          
Segment operating expenses (836,000)     (580,000)     (2,448,000) (1,966,000)  
Segment income (loss) (836,000)     (580,000)     (2,448,000) (1,966,000)  
Interest expense - mortgage          
Depreciation and amortization expense          
Gain (loss) from debt extinguishment                
Income (loss) from investments          
Gain on Insurance Recovery                
Income tax benefits 59,000     711,000     (107,000) 2,742,000  
Net income (loss) (777,000)     131,000     (2,555,000) 776,000  
Total assets $ 10,411,000     $ 13,502,000     $ 10,411,000 $ 13,502,000