INVESTMENT IN HOTEL, NET (Tables) (Hotel [Member])

6 Months Ended

Dec. 31, 2013

Hotel [Member]

Real Estate Properties [Line Items]

Schedule of Real Estate Properties [Table Text Block]

Investment in hotel consisted of the following as of:

			Accumulated		Net Book
December 31, 2013	Cost		Depreciation		Value
Land	$	1,896,000	$	-	$	1,896,000
Furniture and equipment		22,162,000		(21,296,000)		866,000
Building and improvements		54,564,000		(20,593,000)		33,971,000
	$	78,622,000	$	(41,889,000)	$	36,733,000
			Accumulated		Net Book
June 30, 2013	Cost		Depreciation		Value
Land	$	1,896,000	$	-	$	1,896,000
Furniture and equipment		22,270,000		(19,312,000)		2,958,000
Building and improvements		54,327,000		(21,570,000)		32,757,000
	$	78,493,000	$	(40,882,000)	$	37,611,000