ACCOUNTS PAYABLE AND OTHER LIABILITIES (Tables)

3 Months Ended

Sep. 30, 2023

Payables and Accruals [Abstract]

SCHEDULE OF ACCOUNTS PAYABLE AND OTHER LIABILITIES - HOTEL

The following summarizes the balances of accounts payable and other liabilities – Hotel as of September 30, 2023 and June 30, 2023.

As of	September 30, 2023		June 30, 2023
Trade payable	$	4,261,000	$	3,240,000
Advance deposits		671,000		560,000
Property tax payable		1,582,000		617,000
Payroll and related accruals		3,208,000		2,918,000
Mortgage interest payable		632,000		214,000
Withholding and other taxes payable		1,495,000		1,204,000
Security deposit		954,000		925,000
Franchise fees		1,707,000		2,510,000
Management fees payable		1,106,000		1,683,000
Other		367,000		319,000
Total accounts payable and other liabilities	$	15,983,000	$	14,190,000