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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Revenues:    
Hotel $ 14,437,000 $ 14,605,000
Real estate 85,000 90,000
Total revenues 14,522,000 14,695,000
Costs and operating expenses:    
Hotel operating expenses (10,589,000) (10,256,000)
Real estate operating expenses (48,000) (48,000)
Depreciation and amortization expense (698,000) (684,000)
General and administrative expense (326,000) (245,000)
Total costs and operating expenses (11,661,000) (11,233,000)
Income from operations 2,861,000 3,462,000
Other income (expense):    
Interest expense - mortgage (2,009,000) (2,039,000)
Net (loss) gain on marketable securities (437,000) 425,000
Impairment loss on other investments 0 (10,000)
Dividend and interest income 21,000 18,000
Trading and margin interest expense (89,000) (63,000)
Other expense, net (2,514,000) (1,669,000)
Income before income taxes 347,000 1,793,000
Income tax expense (262,000) (705,000)
Net income 85,000 1,088,000
Less: Net income attributable to the noncontrolling interest (169,000) (402,000)
Net income attributable to Santa Fe $ (84,000) $ 686,000
Basic and diluted net income per share attributable to Santa Fe $ (0.07) $ 0.55
Weighted average number of common shares outstanding - basic and diluted 1,241,810 1,241,810