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INVESTMENT IN REAL ESTATE, NET (Details) - USD ($)
Sep. 30, 2016
Jun. 30, 2016
Property, Plant and Equipment [Line Items]    
Land $ 2,430,000 $ 2,430,000
Buildings, improvements and equipment 2,861,000 2,797,000
Accumulated depreciation (1,173,000) (1,149,000)
Real Estate Investment Property Net 4,118,000 4,078,000
Land held for development 973,000 973,000
Investment in real estate, net $ 5,091,000 $ 5,051,000