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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:    
Net income $ 85,000 $ 1,088,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Net unrealized loss (gain) on marketable securities 362,000 (305,000)
Impairment loss on other investments 0 10,000
Depreciation 698,000 684,000
Amortization 28,000 28,000
Deferred tax asset 262,000 705,000
Changes in operating assets and liabilities:    
Investment in marketable securities 460,000 (1,077,000)
Accounts receivable (1,178,000) 206,000
Other assets 175,000 436,000
Accounts payable and other liabilities (163,000) (3,063,000)
Due to securities broker (343,000) 534,000
Obligations for securities sold (27,000) 421,000
Net cash provided by (used in) operating activities 359,000 (333,000)
Cash flows from investing activities:    
Payments for hotel and real estate investments (50,000) (336,000)
Net cash used in investing activities (50,000) (336,000)
Cash flows from financing activities:    
Restricted cash - payments to mortgage impounds, net (424,000) (788,000)
Net payments of related party and other notes payable (410,000) (536,000)
Net cash used in financing activities (834,000) (1,324,000)
Net decrease in cash and cash equivalents: (525,000) (1,993,000)
Cash and cash equivalents at the beginning of the period 2,097,000 3,397,000
Cash and cash equivalents at the end of the period 1,572,000 1,404,000
Supplemental information:    
Interest paid $ 2,055,000 $ 2,038,000