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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Revenues:    
Hotel $ 14,605,000 $ 15,138,000
Real estate 90,000 123,000
Total revenues 14,695,000 15,261,000
Costs and operating expenses:    
Hotel operating expenses (10,256,000) (11,193,000)
Real estate operating expenses (48,000) (64,000)
Depreciation and amortization expense (712,000) (756,000)
General and administrative expense (245,000) (298,000)
Total costs and operating expenses (11,261,000) (12,311,000)
Income from operations 3,434,000 2,950,000
Other income (expense):    
Interest expense - mortgage (2,011,000) (1,965,000)
Net loss on disposal of assets 0 (30,000)
Net gain on marketable securities 425,000 178,000
Net unrealized loss on other investments 0 (37,000)
Impairment loss on other investments (10,000) 0
Dividend and interest income 18,000 2,000
Trading and margin interest expense (63,000) (59,000)
Other expense, net (1,641,000) (1,911,000)
Income before income taxes 1,793,000 1,039,000
Income tax expense (705,000) (443,000)
Net income 1,088,000 596,000
Less: Net income attributable to the noncontrolling interest (402,000) (265,000)
Net income attributable to Santa Fe $ 686,000 $ 331,000
Basic and diluted net income per share attributable to Santa Fe (in dollars per share) $ 0.55 $ 0.27
Weighted average number of common shares outstanding - basic and diluted (in shares) 1,241,810 1,241,810