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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net income $ 1,166,000 $ 824,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Net unrealized loss on marketable securities 787,000 1,044,000
Unrealized loss on other investments 176,000 292,000
Impairment loss on other investments 62,000 575,000
Depreciation and amortization 2,417,000 2,322,000
Changes in assets and liabilities:    
Investment in marketable securities (1,942,000) 3,447,000
Accounts receivable - hotel, net (316,000) 42,000
Other assets, net 114,000 (501,000)
Accounts payable and other liabilities 1,099,000 571,000
Due to securities broker 779,000 (3,464,000)
Obligations for securities sold 607,000 71,000
Deferred tax asset 43,000 (37,000)
Net cash provided by operating activities 4,992,000 5,186,000
Cash flows from investing activities:    
Hotel and real estate investments (3,360,000) (2,819,000)
Other investments, net 0 160,000
Net cash used in investing activities (3,360,000) (2,659,000)
Cash flows from financing activities:    
Distributions and dividends to noncontrolling interest (658,000) (500,000)
Payments on mortgage notes payable (952,000) (915,000)
Payments on other notes payable (477,000) (714,000)
Net cash used in financing activities (2,087,000) (2,129,000)
Net (decrease) increase in cash and cash equivalents: (455,000) 398,000
Cash and cash equivalents at beginning of year 1,143,000 745,000
Cash and cash equivalents at end of year 688,000 1,143,000
Supplemental information:    
Income tax paid 204,000 43,000
Interest paid $ 2,837,000 $ 2,961,000