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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Revenues:        
Hotel $ 14,481,000 $ 13,983,000 $ 43,332,000 $ 42,857,000
Real estate 102,000 158,000 334,000 475,000
Total revenues 14,583,000 14,141,000 43,666,000 43,332,000
Costs and operating expenses:        
Hotel operating expenses (11,831,000) (11,997,000) (34,993,000) (35,868,000)
Hotel restructuring costs (5,236,000) 0 (5,236,000)  
Real estate operating expenses (20,000) (92,000) (125,000) (219,000)
Depreciation and amortization expense (777,000) (734,000) (2,288,000) (2,120,000)
General and administrative expense (254,000) (240,000) (796,000) (748,000)
Total costs and operating expenses (18,118,000) (13,063,000) (43,438,000) (38,955,000)
Income (loss) from operations (3,535,000) 1,078,000 228,000 4,377,000
Other income (expense):        
Interest expense - mortgage (1,944,000) (1,938,000) (5,874,000) (5,951,000)
Loss on disposal of assets     (30,000) (51,000)
Net loss on marketable securities (208,000) (411,000) (2,873,000) (1,950,000)
Net unrealized loss on other investments 0 (36,000) (63,000) (64,000)
Impairment loss on other investments (158,000) (248,000) (312,000) (248,000)
Dividend and interest income 6,000 1,000 8,000 257,000
Trading and margin interest expense (51,000) (116,000) (158,000) (359,000)
Other expense, net (2,355,000) (2,748,000) (9,302,000) (8,366,000)
Loss before income taxes (5,890,000) (1,670,000) (9,074,000) (3,989,000)
Income tax benefit 1,970,000 503,000 2,752,000 1,232,000
Net loss (3,920,000) (1,167,000) (6,322,000) (2,757,000)
Less: Net loss attributable to the noncontrolling interest 1,395,000 258,000 1,748,000 547,000
Net loss attributable to Santa Fe $ (2,525,000) $ (909,000) $ (4,574,000) $ (2,210,000)
Basic and diluted net loss per share attributable to Santa Fe (in dollars per share) $ (2.03) $ (0.73) $ (3.68) $ (1.78)
Weighted average number of common shares outstanding - basic and diluted (in share) 1,241,810 1,241,810 1,241,810 1,241,810