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MANAGEMENT AGREEMENTS (Details Textual) (USD $)
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Management Agreement [Line Items]    
Management Fees Base Percentage 1.75% 1.75%
Management Fees Base Payment Description Of that amount, 1.75% of the gross operating revenues was paid monthly. The balance or 0.75% was paid only to the extent that the partially adjusted net operating income (net operating income less capital expenditures) for the fiscal year exceeded the amount of the Hotels return for the fiscal year. The base management fee was limited to 1.75% for the period ended January 31, 2014 and year ended June 30, 2013, respectively. In January 2014 the Partnership amended the management agreement to a fixed rate of $20,000 per month.  
Payment for Management Fee $ 579,000 $ 754,000
Payment for Incentive Fee 10,500  
Hotel [Member]
   
Management Agreement [Line Items]    
Management Fees Base Percentage 2.50%  
Payment for Management Fee 325,000  
GMP Management, Inc [Member]
   
Management Agreement [Line Items]    
Management Fees Base Percentage 5.00%  
Payment for Management Fee 424,000  
Payment for Incentive Fee $ 235,000  
Management Services, Term 3 years