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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 9 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Mar. 31, 2011
Revenues:        
Hotel $ 10,154,000 $ 8,187,000 $ 31,675,000 $ 26,855,000
Real estate 146,000 141,000 430,000 415,000
Total revenues 10,300,000 8,328,000 32,105,000 27,270,000
Costs and operating expenses:        
Hotel operating expenses (8,572,000) (7,113,000) (24,513,000) (21,246,000)
Real estate operating expenses (50,000) (55,000) (156,000) (196,000)
Depreciation and amortization expense (585,000) (542,000) (1,710,000) (3,071,000)
General and administrative expense (253,000) (244,000) (687,000) (665,000)
Total costs and operating expenses (9,460,000) (7,954,000) (27,066,000) (25,178,000)
Income from operations 840,000 374,000 5,039,000 2,092,000
Other income (expense):        
Interest expense (704,000) (730,000) (2,146,000) (2,200,000)
Net (loss) gain on marketable securities 655,000 15,000 (1,575,000) 2,229,000
Net unrealized (loss) gain on other investments (17,000) (79,000) (284,000) 5,753,000
Impairment loss on other investments (40,000) 0 (427,000) (336,000)
Dividend and interest income 20,000 104,000 327,000 447,000
Trading and margin interest expense (137,000) (163,000) (373,000) (405,000)
Other (expense) income, net (223,000) (853,000) (4,478,000) 5,488,000
Income (loss) before income taxes 617,000 (479,000) 561,000 7,580,000
Income tax benefit (expense) (126,000) 103,000 49,000 (1,919,000)
Net income (loss) 491,000 (376,000) 610,000 5,661,000
Less: Net (income) loss attributable to the noncontrolling interest (221,000) 123,000 (1,697,000) (1,142,000)
Net (loss) income attributable to Santa Fe $ 270,000 $ (253,000) $ (1,087,000) $ 4,519,000
Basic and diluted net income (loss) per share attributable to Santa Fe (in dollars per share) $ 0.22 $ (0.20) $ (0.88) $ 3.64
Weighted average number of common shares outstanding (in shares) 1,241,810 1,241,810 1,241,810 1,241,810