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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net loss $ (1,622,000) $ (201,000)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 1,522,000 1,329,000
Amortization of loan costs 90,000 88,000
Amortization of other notes payable (141,000) (142,000)
Deferred taxes (58,000)
Net unrealized loss on marketable securities 679,000 10,000
Changes in operating assets and liabilities:    
Investment in marketable securities 4,076,000 352,000
Other assets (1,440,000) (695,000)
Accounts payable and other liabilities - Hotel (898,000) 1,653,000
Accounts payable and other liabilities 2,691,000 318,000
Due to securities broker (2,377,000) (490,000)
Obligations for securities sold (679,000) (449,000)
Net cash provided by operating activities 1,901,000 1,715,000
Cash flows from investing activities:    
Payments for hotel investments (754,000) (1,632,000)
Payments for real estate investments (608,000) (800,000)
Payments for investment in Portsmouth (22,000) (5,000)
Net cash used in investing activities (1,384,000) (2,437,000)
Cash flows from financing activities:    
Net payments of mortgage notes payable (593,000) (874,000)
Purchase of treasury stock (39,000) (872,000)
Net cash used in financing activities (632,000) (1,746,000)
Net change in cash, cash equivalents and restricted cash (115,000) (2,468,000)
Cash, cash equivalents and restricted cash at the beginning of the period 12,874,000 23,349,000
Cash, cash equivalents and restricted cash at the end of the period 12,759,000 20,881,000
Supplemental information:    
Interest paid 1,937,000 1,797,000
Taxes paid $ 23,000