CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2013	Jun. 30, 2013
ASSETS
Investment in hotel, net	$ 33,219,000	$ 34,048,000
Investment in real estate	973,000	973,000
Investment in marketable securities	3,360,000	3,324,000
Other investments, net	5,157,000	5,160,000
Cash and cash equivalents	2,426,000	668,000
Restricted cash - redemption	19,091,000	0
Restricted cash - mortgage impounds	852,000	0
Accounts receivable, net	1,580,000	1,957,000
Other assets, net	3,594,000	2,004,000
Deferred tax asset	5,454,000	3,193,000
Total assets	75,706,000	51,327,000
Liabilities:
Accounts payable and other liabilities	13,884,000	9,176,000
Redemption payable	19,091,000	0
Due to securities broker	286,000	579,000
Obligations for securities sold	518,000	531,000
Other notes payable	731,000	1,595,000
Mortgage and subordinated notes payable	117,000,000	43,413,000
Total liabilities	151,510,000	55,294,000
Commitments and contingencies
Shareholders' deficit:
Common stock, no par value: Authorized shares - 750,000; 734,183 shares issued and outstanding	2,092,000	2,092,000
Additional paid-in-capital	0	916,000
Retained earnings (accumulated deficit)	(71,750,000)	574,000
Total Portsmouth shareholders' (deficit) equity	(69,658,000)	3,582,000
Noncontrolling interest	(6,146,000)	(7,549,000)
Total shareholders' deficit	(75,804,000)	(3,967,000)
Total liabilities and shareholders' deficit	$ 75,706,000	$ 51,327,000