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INVESTMENT IN REAL ESTATE, NET (Details) (USD $)
Jun. 30, 2014
Jun. 30, 2013
Property, Plant and Equipment [Line Items]    
Accumulated depreciation $ (1,002,000) $ (941,000)
Real Estate Investments, Net 4,008,000 4,069,000
Land held for development 973,000 973,000
Investment in real estate, net 4,981,000 5,042,000
Land [Member]
   
Property, Plant and Equipment [Line Items]    
Cost 2,430,000 2,430,000
Buildings, Improvements and Equipment [Member]
   
Property, Plant and Equipment [Line Items]    
Cost $ 2,580,000 $ 2,580,000