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SEGMENT INFORMATION (Details) (USD $)
3 Months Ended 9 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2013
Mar. 31, 2012
Revenues $ 10,610,000 $ 10,300,000 $ 33,998,000 $ 32,105,000
Segment operating expenses (9,883,000) (8,875,000) (29,068,000) (25,356,000)
Segment income (loss) 727,000 1,425,000 4,930,000 6,749,000
Interest expense (673,000) (704,000) (2,054,000) (2,146,000)
Depreciation and amortization expense (601,000) (585,000) (1,806,000) (1,710,000)
Loss from investments (99,000) 481,000 (576,000) (2,332,000)
Income tax benefit (expense) 141,000 (126,000) (18,000) 49,000
Net (loss) income (505,000) 491,000 476,000 610,000
Total assets 64,168,000 64,932,000 64,168,000 64,932,000
Hotel Operations [Member]
       
Revenues 10,475,000 10,154,000 33,581,000 31,675,000
Segment operating expenses (9,563,000) (8,572,000) (28,125,000) (24,513,000)
Segment income (loss) 912,000 1,582,000 5,456,000 7,162,000
Interest expense (648,000) (676,000) (1,972,000) (2,059,000)
Depreciation and amortization expense (585,000) (570,000) (1,759,000) (1,663,000)
Loss from investments 0 0 0 0
Income tax benefit (expense) 0 0 0 0
Net (loss) income (321,000) 336,000 1,725,000 3,440,000
Total assets 37,316,000 36,368,000 37,316,000 36,368,000
Real Estate Operations [Member]
       
Revenues 135,000 146,000 417,000 430,000
Segment operating expenses (66,000) (50,000) (189,000) (156,000)
Segment income (loss) 69,000 96,000 228,000 274,000
Interest expense (25,000) (28,000) (82,000) (87,000)
Depreciation and amortization expense (16,000) (15,000) (47,000) (47,000)
Loss from investments 0 0 0 0
Income tax benefit (expense) 0 0 0 0
Net (loss) income 28,000 53,000 99,000 140,000
Total assets 5,058,000 5,121,000 5,058,000 5,121,000
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 (99,000) 481,000 (576,000) (2,332,000)
Income tax benefit (expense) 0 0 0 0
Net (loss) income (99,000) 481,000 (576,000) (2,332,000)
Total assets 12,973,000 14,435,000 12,973,000 14,435,000
All Other Segments [Member]
       
Revenues 0 0 0 0
Segment operating expenses (254,000) (253,000) (754,000) (687,000)
Segment income (loss) (254,000) (253,000) (754,000) (687,000)
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) 141,000 (126,000) (18,000) 49,000
Net (loss) income (113,000) (379,000) (772,000) (638,000)
Total assets $ 8,821,000 $ 9,008,000 $ 8,821,000 $ 9,008,000