CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Cash flows from operating activities:
Net (loss) income	$ (7,027,000)	$ 1,166,000
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Net unrealized (gain) loss on marketable securities	(50,000)	787,000
Unrealized (gain) loss on other investments	(104,000)	176,000
Impairment loss on other investments	63,000	62,000
Loss on extinguishment of debt	3,910,000	0
Loss on disposal of assets	1,092,000	0
Depreciation and amortization	2,534,000	2,417,000
Changes in assets and liabilities:
Investment in marketable securities	324,000	(1,942,000)
Accounts receivable - hotel, net	(7,000)	(316,000)
Other assets, net	(1,890,000)	114,000
Accounts payable and other liabilities	7,049,000	1,099,000
Due to securities broker	166,000	779,000
Obligations for securities sold	(826,000)	607,000
Deferred tax asset	(4,053,000)	43,000
Net cash provided by operating activities	1,181,000	4,992,000
Cash flows from investing activities:
Hotel and real estate investments	(3,699,000)	(3,360,000)
Other investments, net	(236,000)	0
Net cash used in investing activities	(3,935,000)	(3,360,000)
Cash flows from financing activities:
Proceeds from mortgage notes payable	117,000,000	0
Payments of mortgage and other notes payable	(48,698,000)	(952,000)
Restricted cash for redemption and mortgage impounds	(17,108,000)	(658,000)
Redemption payments and dividends to noncontrolling interest	(2,928,000)	0
Distributions to noncontrolling interest	(45,061,000)	(477,000)
Net cash provided by (used in) financing activities	3,205,000	(2,087,000)
Net increase (decrease) in cash and cash equivalents:	451,000	(455,000)
Cash and cash equivalents at beginning of year	688,000	1,143,000
Cash and cash equivalents at end of year	1,139,000	688,000
Supplemental information:
Income tax paid	27,000	204,000
Interest paid	$ 5,192,000	$ 2,837,000