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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Revenues:        
Total revenues $ 14,883,000 $ 14,362,000 $ 44,714,000 $ 44,623,000
Costs and operating expenses:        
Hotel operating expenses (9,239,000) (8,413,000) (27,925,000) (26,445,000)
Real estate operating expenses (2,612,000) (2,770,000) (7,774,000) (7,695,000)
Depreciation and amortization expenses (1,607,000) (1,380,000) (4,691,000) (4,012,000)
General and administrative expenses (716,000) (836,000) (3,365,000) (2,448,000)
Total costs and operating expenses (14,174,000) (13,399,000) (43,755,000) (40,600,000)
Income from operations 709,000 963,000 959,000 4,023,000
Other (expense) income:        
Interest expense - mortgages (3,234,000) (2,101,000) (7,695,000) (6,483,000)
Net unrealized (loss) gain on marketable securities (820,000) 503,000 (1,210,000) 2,459,000
Net realized gain (loss) on marketable securities 9,000 363,000 1,374,000 (1,019,000)
Loss on extinguishment of debt (453,000) (453,000)
Gain on insurance recovery     2,692,000
Dividend and interest income 63,000 72,000 333,000 369,000
Trading and margin interest expense (430,000) (473,000) (1,133,000) (1,182,000)
Total other expense, net (4,865,000) (1,636,000) (8,784,000) (3,164,000)
(Loss) income before income taxes (4,156,000) (673,000) (7,825,000) 859,000
Income tax benefit (expense) 295,000 59,000 191,000 (107,000)
Net (loss) income (3,861,000) (614,000) (7,634,000) 752,000
Less: Net loss attributable to the noncontrolling interest 697,000 258,000 1,697,000 583,000
Net (loss) income attributable to The InterGroup Corporation $ (3,164,000) $ (356,000) $ (5,937,000) $ 1,335,000
Net (loss) income per share attributable to The InterGroup Corporation        
Basic $ (1.44) $ (0.16) $ (2.70) $ 0.60
Diluted $ (1.44) $ (0.16) $ (2.70) $ 0.54
Weighted average number of basic common shares outstanding 2,192,862 2,211,066 2,200,515 2,222,801
Weighted average number of diluted common shares outstanding 2,192,862 2,211,066 2,200,515 2,473,996
Hotel [Member]        
Revenues:        
Total revenues $ 10,758,000 $ 10,430,000 $ 32,076,000 $ 32,632,000
Real Estate [Member]        
Revenues:        
Total revenues $ 4,125,000 $ 3,932,000 $ 12,638,000 $ 11,991,000