SEGMENT INFORMATION (Tables)

3 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

SCHEDULE OF SEGMENT REPORTING INFORMATION

As of and for the three months	Hotel			Real Estate			Investment
ended September 30, 2023	Operations			Operations			Transactions			Corporate			Total
Revenues	$	11,093,000		$	4,417,000		$	-		$	-		$	15,510,000
Segment operating expenses		(9,281,000	)		(2,356,000	)		-			(755,000	)		(12,392,000	)
Segment income (loss)		1,812,000			2,061,000			-			(755,000	)		3,118,000
Interest expense - mortgage		(1,606,000	)		(645,000	)		-			-			(2,251,000	)
Depreciation and amortization expense		(845,000	)		(677,000	)		-			-			(1,522,000	)
Loss from investments		-			-			(981,000	)		-			(981,000	)
Income tax benefit		-			-			-			14,000			14,000
Net income (loss)	$	(639,000	)	$	739,000		$	(981,000	)	$	(741,000	)	$	(1,622,000	)
Total assets	$	48,099,000		$	47,988,000		$	14,366,000		$	9,091,000		$	119,544,000

As of and for the three months		Hotel			Real Estate			Investment
ended September 30, 2022		Operations			Operations			Transactions			Corporate			Total
Revenues	$	12,310,000		$	4,078,000		$	-		$	-		$	16,388,000
Segment operating expenses		(9,306,000	)		(2,191,000	)		-			(699,000	)		(12,196,000	)
Segment income (loss)		3,004,000			1,887,000			-			(699,000	)		4,192,000
Interest expense - mortgage		(1,632,000	)		(590,000	)		-			-			(2,222,000	)
Depreciation and amortization expense		(651,000	)		(678,000	)		-			-			(1,329,000	)
Loss from investments		-			-			(900,000	)		-			(900,000	)
Income tax benefit		-			-			-			58,000			58,000
Net income (loss)	$	721,000		$	619,000		$	(900,000	)	$	(641,000	)	$	(201,000	)
Total assets	$	47,526,000		$	48,147,000		$	10,687,000		$	18,712,000		$	125,072,000