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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Revenue - Hotel $ 14,044,000us-gaap_RevenueFromLeasedAndOwnedHotels $ 12,274,000us-gaap_RevenueFromLeasedAndOwnedHotels $ 28,874,000us-gaap_RevenueFromLeasedAndOwnedHotels $ 25,579,000us-gaap_RevenueFromLeasedAndOwnedHotels
Costs and operating expenses        
Hotel operating expenses (12,033,000)us-gaap_DirectCostsOfHotels (9,493,000)us-gaap_DirectCostsOfHotels (23,871,000)us-gaap_DirectCostsOfHotels (19,025,000)us-gaap_DirectCostsOfHotels
Hotel restructuring costs 0us-gaap_RestructuringCosts (7,295,000)us-gaap_RestructuringCosts 0us-gaap_RestructuringCosts (7,295,000)us-gaap_RestructuringCosts
Hotel occupancy tax - penalty fees 0prsi_PenaltyFeesForHotelOccupancyTax (1,084,000)prsi_PenaltyFeesForHotelOccupancyTax 0prsi_PenaltyFeesForHotelOccupancyTax (1,084,000)prsi_PenaltyFeesForHotelOccupancyTax
Hotel depreciation and amortization expense (664,000)us-gaap_DepreciationAndAmortization (698,000)us-gaap_DepreciationAndAmortization (1,306,000)us-gaap_DepreciationAndAmortization (1,298,000)us-gaap_DepreciationAndAmortization
General and administrative expense (157,000)us-gaap_GeneralAndAdministrativeExpense (174,000)us-gaap_GeneralAndAdministrativeExpense (345,000)us-gaap_GeneralAndAdministrativeExpense (343,000)us-gaap_GeneralAndAdministrativeExpense
Total costs and operating expenses (12,854,000)us-gaap_CostsAndExpenses (18,744,000)us-gaap_CostsAndExpenses (25,522,000)us-gaap_CostsAndExpenses (29,045,000)us-gaap_CostsAndExpenses
Income (loss) from operations 1,190,000us-gaap_OperatingIncomeLoss (6,470,000)us-gaap_OperatingIncomeLoss 3,352,000us-gaap_OperatingIncomeLoss (3,466,000)us-gaap_OperatingIncomeLoss
Other income (expense)        
Interest expense - mortgage (1,939,000)us-gaap_InterestExpenseDebt (767,000)us-gaap_InterestExpenseDebt (3,963,000)us-gaap_InterestExpenseDebt (1,402,000)us-gaap_InterestExpenseDebt
Interest expense - occupancy tax 0prsi_InterestExpensesForOccupancyTax (328,000)prsi_InterestExpensesForOccupancyTax 0prsi_InterestExpensesForOccupancyTax (328,000)prsi_InterestExpensesForOccupancyTax
Loss on extinguishment of debt 0us-gaap_GainsLossesOnExtinguishmentOfDebt (3,910,000)us-gaap_GainsLossesOnExtinguishmentOfDebt 0us-gaap_GainsLossesOnExtinguishmentOfDebt (3,910,000)us-gaap_GainsLossesOnExtinguishmentOfDebt
Loss on disposal of assets (51,000)us-gaap_GainLossOnDispositionOfAssets1 (1,092,000)us-gaap_GainLossOnDispositionOfAssets1 (51,000)us-gaap_GainLossOnDispositionOfAssets1 (1,092,000)us-gaap_GainLossOnDispositionOfAssets1
Net (loss) gain on marketable securities (554,000)us-gaap_MarketableSecuritiesGainLoss 114,000us-gaap_MarketableSecuritiesGainLoss (1,033,000)us-gaap_MarketableSecuritiesGainLoss 207,000us-gaap_MarketableSecuritiesGainLoss
Net unrealized gain (loss) on other investments 4,000prsi_NetUnrealizedLossOnOtherInvestments (3,000)prsi_NetUnrealizedLossOnOtherInvestments (21,000)prsi_NetUnrealizedLossOnOtherInvestments (3,000)prsi_NetUnrealizedLossOnOtherInvestments
Dividend and interest income 166,000us-gaap_InvestmentIncomeInterestAndDividend 167,000us-gaap_InvestmentIncomeInterestAndDividend 169,000us-gaap_InvestmentIncomeInterestAndDividend 171,000us-gaap_InvestmentIncomeInterestAndDividend
Trading and margin interest expense (70,000)prsi_TradingAndMarginInterestExpense (57,000)prsi_TradingAndMarginInterestExpense (161,000)prsi_TradingAndMarginInterestExpense (123,000)prsi_TradingAndMarginInterestExpense
Other expense, net (2,444,000)us-gaap_NonoperatingIncomeExpense (5,876,000)us-gaap_NonoperatingIncomeExpense (5,060,000)us-gaap_NonoperatingIncomeExpense (6,480,000)us-gaap_NonoperatingIncomeExpense
Loss before income taxes (1,254,000)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (12,346,000)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (1,708,000)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (9,946,000)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax benefit 547,000us-gaap_IncomeTaxExpenseBenefit 2,732,000us-gaap_IncomeTaxExpenseBenefit 729,000us-gaap_IncomeTaxExpenseBenefit 2,261,000us-gaap_IncomeTaxExpenseBenefit
Net loss (707,000)us-gaap_ProfitLoss (9,614,000)us-gaap_ProfitLoss (979,000)us-gaap_ProfitLoss (7,685,000)us-gaap_ProfitLoss
Less: Net loss (income) attributable to the noncontrolling interest 54,000us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 955,000us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 41,000us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (257,000)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net loss attributable to Portsmouth $ (653,000)us-gaap_NetIncomeLoss $ (8,659,000)us-gaap_NetIncomeLoss $ (938,000)us-gaap_NetIncomeLoss $ (7,942,000)us-gaap_NetIncomeLoss
Basic and diluted net loss per share attributable to Portsmouth (in dollars per share) $ (0.89)us-gaap_EarningsPerShareBasicAndDiluted $ (11.79)us-gaap_EarningsPerShareBasicAndDiluted $ (1.28)us-gaap_EarningsPerShareBasicAndDiluted $ (10.82)us-gaap_EarningsPerShareBasicAndDiluted
Weighted average number of common shares outstanding - basic and diluted (in shares) 734,183us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 734,183us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 734,183us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 734,183us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted