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

3 Months Ended

Sep. 30, 2014

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
September 30, 2014	Cost		Depreciation		Value
Land	$	1,896,000	$	-	$	1,896,000
Furniture and equipment		24,760,000		(20,399,000)		4,361,000
Building and improvements		55,066,000		(22,819,000)		32,247,000
	$	81,722,000	$	(43,218,000)	$	38,504,000

			Accumulated		Net Book
			Accumulated		Net Book
June 30, 2014	Cost		Depreciation		Value
Land	$	1,896,000	$	-	$	1,896,000
Furniture and equipment		23,306,000		(20,074,000)		3,232,000
Building and improvements		55,281,000		(22,526,000)		32,755,000
	$	80,483,000	$	(42,600,000)	$	37,883,000