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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
9 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities:    
Net income $ 476,000 $ 610,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Net unrealized loss on marketable securities 510,000 1,460,000
Unrealized loss on other investments 169,000 284,000
Impairment loss on other investments 0 427,000
Depreciation and amortization 1,806,000 1,710,000
Changes in assets and liabilities:    
Investment in marketable securities (1,431,000) 973,000
Accounts receivable (302,000) 356,000
Other assets (109,000) (809,000)
Accounts payable and other liabilities 1,287,000 (126,000)
Due to securities broker 1,183,000 (1,427,000)
Obligations for securities sold (157,000) 109,000
Deferred tax asset 18,000 (49,000)
Net cash provided by operating activities 3,450,000 3,518,000
Cash flows from investing activities:    
Hotel and real estate investments (2,512,000) (2,133,000)
Proceeds from other investments 0 160,000
Net cash used in investing activities (2,512,000) (1,973,000)
Cash flows from financing activities:    
Distributions and dividends to noncontrolling interest (658,000) (500,000)
Payments on mortgage notes payable (706,000) (682,000)
Payments on other notes payable (426,000) (348,000)
Net cash used in financing activities (1,790,000) (1,530,000)
Net (decrease) increase in cash and cash equivalents: (852,000) 15,000
Cash and cash equivalents at the beginning of the period 1,143,000 745,000
Cash and cash equivalents at the end of the period 291,000 760,000
Supplemental information:    
Interest paid $ 2,136,000 $ 2,240,000