SEGMENT INFORMATION (Details) - USD ($)	3 Months Ended		9 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	Jun. 30, 2015
Segment Reporting Information [Line Items]
Revenues	$ 14,583,000	$ 14,141,000	$ 43,666,000	$ 43,332,000
Segment operating expenses	(17,341,000)	(12,329,000)	(41,150,000)	(36,835,000)
Segment income (loss)	(3,535,000)	1,078,000	228,000	4,377,000
Interest expense - mortgage	(1,944,000)	(1,938,000)	(5,874,000)	(5,951,000)
Loss on disposal of assets			(30,000)	(51,000)
Depreciation and amortization expense	(777,000)	(734,000)	(2,288,000)	(2,120,000)
Loss from investments	(411,000)	(810,000)	(3,398,000)	(2,364,000)
Income tax benefit	1,970,000	503,000	2,752,000	1,232,000
Net income (loss)	(3,920,000)	(1,167,000)	(6,322,000)	(2,757,000)
Total assets	75,843,000	72,399,000	75,843,000	72,399,000	$ 75,886,000
Hotel [Member]
Segment Reporting Information [Line Items]
Revenues	14,481,000	13,983,000	43,332,000	42,857,000
Segment operating expenses	(17,067,000)	(11,997,000)	(40,229,000)	(35,868,000)
Segment income (loss)	(2,586,000)	1,986,000	3,103,000	6,989,000
Interest expense - mortgage	(1,921,000)	(1,913,000)	(5,803,000)	(5,876,000)
Loss on disposal of assets			(30,000)	(51,000)
Depreciation and amortization expense	(755,000)	(719,000)	(2,226,000)	(2,074,000)
Loss from investments	0	0	0	0
Income tax benefit	0	0	0	0
Net income (loss)	(5,262,000)	(646,000)	(4,956,000)	(1,012,000)
Total assets	52,153,000	48,175,000	52,153,000	48,175,000
Real Estate Operations [Member]
Segment Reporting Information [Line Items]
Revenues	102,000	158,000	334,000	475,000
Segment operating expenses	(20,000)	(92,000)	(125,000)	(219,000)
Segment income (loss)	82,000	66,000	209,000	256,000
Interest expense - mortgage	(23,000)	(25,000)	(71,000)	(75,000)
Loss on disposal of assets			0	0
Depreciation and amortization expense	(22,000)	(15,000)	(62,000)	(46,000)
Loss from investments	0	0	0	0
Income tax benefit	0	0	0	0
Net income (loss)	37,000	26,000	76,000	135,000
Total assets	5,042,000	4,934,000	5,042,000	4,934,000
Investment Transactions [Member]
Segment Reporting Information [Line Items]
Revenues	0	0	0	0
Segment operating expenses	0	0	0	0
Segment income (loss)	0	0	0	0
Interest expense - mortgage	0	0	0	0
Loss on disposal of assets			0	0
Depreciation and amortization expense	0	0	0	0
Loss from investments	(411,000)	(810,000)	(3,398,000)	(2,364,000)
Income tax benefit	0	0	0	0
Net income (loss)	(411,000)	(810,000)	(3,398,000)	(2,364,000)
Total assets	6,562,000	10,709,000	6,562,000	10,709,000
Other Property [Member]
Segment Reporting Information [Line Items]
Revenues	0	0	0	0
Segment operating expenses	(254,000)	(240,000)	(796,000)	(748,000)
Segment income (loss)	(254,000)	(240,000)	(796,000)	(748,000)
Interest expense - mortgage	0	0	0	0
Loss on disposal of assets			0	0
Depreciation and amortization expense	0	0	0	0
Loss from investments	0	0	0	0
Income tax benefit	1,970,000	503,000	2,752,000	1,232,000
Net income (loss)	1,716,000	263,000	1,956,000	484,000
Total assets	$ 12,086,000	$ 8,581,000	$ 12,086,000	$ 8,581,000