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SEGMENT INFORMATION (Details) (USD $)
3 Months Ended 6 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Revenues $ 11,114,000 $ 10,557,000 $ 23,388,000 $ 21,805,000
Segment operating expenses (9,711,000) (8,062,000) (19,185,000) (16,481,000)
Segment income (loss) 797,000 1,926,000 2,998,000 4,199,000
Interest expense (687,000) (725,000) (1,381,000) (1,442,000)
Depreciation and amortization expense (606,000) (569,000) (1,205,000) (1,125,000)
Loss from investments (1,027,000) (241,000) (477,000) (2,813,000)
Income tax benefit (expense) 165,000 (128,000) (159,000) 175,000
Net (loss) income (752,000) 832,000 981,000 119,000
Total assets 63,754,000 64,589,000 63,754,000 64,589,000
Hotel Operations [Member]
       
Revenues 10,970,000 10,412,000 23,106,000 21,521,000
Segment operating expenses (9,398,000) (7,796,000) (18,562,000) (15,941,000)
Segment income (loss) 1,572,000 2,616,000 4,544,000 5,580,000
Interest expense (660,000) (695,000) (1,324,000) (1,383,000)
Depreciation and amortization expense (591,000) (553,000) (1,174,000) (1,093,000)
Loss from investments 0 0 0 0
Income tax benefit (expense) 0 0 0 0
Net (loss) income 321,000 1,368,000 2,046,000 3,104,000
Total assets 36,685,000 36,525,000 36,685,000 36,525,000
Real Estate Operations [Member]
       
Revenues 144,000 145,000 282,000 284,000
Segment operating expenses (59,000) (51,000) (123,000) (106,000)
Segment income (loss) 85,000 94,000 159,000 178,000
Interest expense (27,000) (30,000) (57,000) (59,000)
Depreciation and amortization expense (15,000) (16,000) (31,000) (32,000)
Loss from investments 0 0 0 0
Income tax benefit (expense) 0 0 0 0
Net (loss) income 43,000 48,000 71,000 87,000
Total assets 5,074,000 5,137,000 5,074,000 5,137,000
Investment Transactions [Member]
       
Revenues 0 0 0 0
Segment operating expenses 0 0 0 0
Segment income (loss) 0 0 0 0
Interest expense 0 0 0 0
Depreciation and amortization expense 0 0 0 0
Loss from investments (1,027,000) (241,000) (477,000) (2,813,000)
Income tax benefit (expense) 0 0 0 0
Net (loss) income (1,027,000) (241,000) (477,000) (2,813,000)
Total assets 12,133,000 13,031,000 12,133,000 13,031,000
All Other Segments [Member]
       
Revenues 0 0 0 0
Segment operating expenses (254,000) (215,000) (500,000) (434,000)
Segment income (loss) (254,000) (215,000) (500,000) (434,000)
Interest expense 0 0 0 0
Depreciation and amortization expense 0 0 0 0
Loss from investments 0 0 0 0
Income tax benefit (expense) 165,000 (128,000) (159,000) 175,000
Net (loss) income (89,000) (343,000) (659,000) (259,000)
Total assets $ 9,862,000 $ 9,896,000 $ 9,862,000 $ 9,896,000