ACCOUNTS PAYABLE AND OTHER LIABILITIES (Tables)

9 Months Ended

Mar. 31, 2024

Payables and Accruals [Abstract]

SCHEDULE OF ACCOUNTS PAYABLE AND OTHER LIABILITIES

The following summarizes the balances of accounts payable and other liabilities as of March 31, 2024 and June 30, 2023:

As of	March 31, 2024		June 30, 2023
Trade payable	$	2,948,000	$	3,240,000
Advance deposits		480,000		560,000
Property tax payable		711,000		617,000
Payroll and related accruals		3,331,000		2,918,000
Mortgage interest payable		2,242,000		214,000
Withholding and other taxes payable		1,265,000		1,204,000
Security deposit		936,000		925,000
Franchise fees		1,108,000		2,510,000
Management fees payable		2,458,000		1,683,000
Other		312,000		319,000
Total accounts payable and other liabilities	$	15,791,000	$	14,190,000