XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2024
Jun. 30, 2023
ASSETS    
Investment in Hotel, net $ 40,371,000 $ 40,318,000
Investment in real estate, net 47,907,000 48,057,000
Investment in marketable securities 14,684,000 18,345,000
Cash and cash equivalents 7,763,000 5,960,000
Restricted cash 4,225,000 6,914,000
Other assets, net 4,005,000 2,764,000
Total assets 118,955,000 122,358,000
Liabilities:    
Accounts payable and other liabilities - Hotel 13,152,000 11,616,000
Accounts payable and other liabilities 2,639,000 2,574,000
Due to securities broker 2,944,000 1,601,000
Obligations for securities sold 23,000 1,416,000
Other notes payable 2,529,000 2,954,000
Deferred tax liability 4,633,000 4,927,000
Mortgage notes payable - Hotel, net 106,045,000 107,117,000
Mortgage notes payable - real estate, net 88,416,000 84,757,000
Total liabilities 220,381,000 216,962,000
Shareholders’ deficit:    
Preferred stock, $.01 par value, 100,000 shares authorized; none issued
Common stock, $.01 par value, 4,000,000 shares authorized; 3,459,888 and 3,459,888 issued; 2,187,214 and 2,205,927 outstanding, respectively 33,000 33,000
Additional paid-in capital 3,602,000 2,445,000
Accumulated deficit (58,772,000) (52,835,000)
Treasury stock, at cost, 1,272,674 and 1,253,961 shares as of March 31, 2024 and June 30, 2023, respectively (21,223,000) (20,794,000)
Total InterGroup shareholders’ deficit (76,360,000) (71,151,000)
Noncontrolling interest (25,066,000) (23,453,000)
Total shareholders’ deficit (101,426,000) (94,604,000)
Total liabilities and shareholders’ deficit $ 118,955,000 $ 122,358,000