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INVESTMENT IN REAL ESTATE, NET (Details) - USD ($)
Mar. 31, 2016
Jun. 30, 2015
Property, Plant and Equipment [Line Items]    
Land $ 2,430,000 $ 2,430,000
Buildings, improvements and equipment 2,766,000 2,634,000
Accumulated depreciation (1,127,000) (1,065,000)
Real Estate Investment Property Net 4,069,000 3,999,000
Land held for development 973,000 973,000
Investment in real estate, net $ 5,042,000 $ 4,972,000