INVESTMENT IN REAL ESTATE, NET (Details) (USD $)	Jun. 30, 2013	Jun. 30, 2012
Property, Plant and Equipment [Line Items]
Accumulated depreciation	$ (941,000)	$ (878,000)
Real Estate Investments, Net	4,069,000	4,132,000
Land held for development	973,000	973,000
Investment in real estate, net	5,042,000	5,105,000
Land [Member]
Property, Plant and Equipment [Line Items]
Real Estate Investment Property, at Cost	2,430,000	2,430,000
Buildings Improvements and Equipment [Member]
Property, Plant and Equipment [Line Items]
Real Estate Investment Property, at Cost	$ 2,580,000	$ 2,580,000