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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Revenues:        
Total revenues $ 14,321,000 $ 13,872,000 $ 29,831,000 $ 30,260,000
Costs and operating expenses:        
Hotel operating expenses (9,405,000) (8,726,000) (18,686,000) (18,032,000)
Real estate operating expenses (2,806,000) (2,672,000) (5,162,000) (4,863,000)
Depreciation and amortization expenses (1,562,000) (1,302,000) (3,084,000) (2,631,000)
General and administrative expenses (1,894,000) (975,000) (2,649,000) (1,674,000)
Total costs and operating expenses (15,667,000) (13,675,000) (29,581,000) (27,200,000)
Income from operations (1,346,000) 197,000 250,000 3,060,000
Other (expense) income:        
Interest expense - mortgages (2,210,000) (2,160,000) (4,461,000) (4,382,000)
Net unrealized (loss) gain on marketable securities 289,000 2,106,000 (390,000) 2,096,000
Net realized gain (loss) on marketable securities 1,471,000 (722,000) 1,365,000 (1,522,000)
Gain on insurance recovery 2,692,000 2,692,000
Dividend and interest income 144,000 122,000 270,000 297,000
Trading and margin interest expense (381,000) (444,000) (703,000) (709,000)
Total other expense, net (687,000) 1,594,000 (3,919,000) (1,528,000)
(Loss) income before income taxes (2,033,000) 1,791,000 (3,669,000) 1,532,000
Income tax expense (118,000) (224,000) (104,000) (166,000)
Net (loss) income (2,151,000) 1,567,000 (3,773,000) 1,366,000
Less: Net loss attributable to the noncontrolling interest 622,000 323,000 1,000,000 325,000
Net (loss) income attributable to The InterGroup Corporation $ (1,529,000) $ 1,890,000 $ (2,773,000) $ 1,691,000
Net (loss) income per share attributable to The InterGroup Corporation        
Basic $ (0.69) $ 0.85 $ (1.26) $ 0.76
Diluted $ (0.69) $ 0.77 $ (1.26) $ 0.68
Weighted average number of basic common shares outstanding 2,203,174 2,215,586 2,204,300 2,224,884
Weighted average number of diluted common shares outstanding 2,203,174 2,466,781 2,204,300 2,476,079
Hotel [Member]        
Revenues:        
Total revenues $ 10,225,000 $ 9,892,000 $ 21,318,000 $ 22,202,000
Real Estate [Member]        
Revenues:        
Total revenues $ 4,096,000 $ 3,980,000 $ 8,513,000 $ 8,058,000