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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Revenues:    
Hotel $ 50,963,000 $ 46,565,000
Real estate 633,000 556,000
Total revenues 51,596,000 47,121,000
Costs and operating expenses:    
Hotel operating expenses (40,805,000) (38,635,000)
Hotel restructuring costs (6,681,000) 0
Hotel occupancy tax - penalty fees (1,278,000) 0
Real estate operating expenses (382,000) (242,000)
Depreciation and amortization expense (2,534,000) (2,417,000)
General and administrative expense (954,000) (946,000)
Total costs and operating expenses (52,634,000) (42,240,000)
Income (loss) from operations (1,038,000) 4,881,000
Other income (expense):    
Interest expense - mortgage (5,062,000) (2,720,000)
Interest expense - occupancy tax (328,000) 0
Loss on extinguishment of debt (3,910,000) 0
Loss on disposal of assets (1,092,000) 0
Net gain (loss) on marketable securities 333,000 (683,000)
Net unrealized gain (loss) on other investments 104,000 (176,000)
Impairment loss on other investments (63,000) (62,000)
Dividend and interest income 539,000 528,000
Trading and margin interest expense (510,000) (472,000)
Net other expense (9,989,000) (3,585,000)
Income (loss) before income taxes (11,027,000) 1,296,000
Income tax benefit (expense) 4,000,000 (130,000)
Net (loss) income (7,027,000) 1,166,000
Less: Net loss (income) attributable to the noncontrolling interest 1,928,000 (1,540,000)
Net loss attributable to Santa Fe $ (5,099,000) $ (374,000)
Basic and diluted loss per share attributable to Santa Fe (in dollars per share) $ (4.11) $ (0.30)
Weighted average number of common shares outstanding (in shares) 1,241,810 1,241,810