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CONDENDSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net income $ 1,929,000 $ 1,619,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Net unrealized loss on marketable securities (165,000) (471,000)
Unrealized loss on other investments 0 85,000
Depreciation and amortization 600,000 558,000
Changes in assets and liabilities:    
Investment in marketable securities (147,000) (569,000)
Accounts receivable (172,000) (261,000)
Other assets 351,000 (51,000)
Accounts payable and other liabilities (1,498,000) (124,000)
Due to securities broker (144,000) 198,000
Obligations for securities sold 382,000 400,000
Deferred income taxes 471,000 324,000
Net cash provided by operating activities 1,607,000 1,708,000
Cash flows from investing activities:    
Payments for hotel furniture, equipment and building improvements (520,000) (677,000)
Net cash used in investing activities (520,000) (677,000)
Cash flows from financing activities:    
Payments on mortgage notes payable (235,000) (222,000)
Payments on other notes payable (227,000) (242,000)
Net cash used in financing activities (462,000) (464,000)
Net increase in cash and cash equivalents 625,000 567,000
Cash and cash equivalents at the beginning of the period 668,000 1,032,000
Cash and cash equivalents at the end of the period 1,293,000 1,599,000
Supplemental information:    
Interest paid $ 658,000 $ 672,000