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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Revenues:        
Total revenues $ 11,338,000 $ 15,550,000 $ 41,826,000 $ 45,518,000
Costs and operating expenses:        
Depreciation and amortization expense (598,000) (613,000) (1,807,000) (1,902,000)
General and administrative expense (440,000) (364,000) (1,050,000) (843,000)
Total costs and operating expenses (11,151,000) (12,407,000) (36,130,000) (36,339,000)
Income from operations 187,000 3,143,000 5,696,000 9,179,000
Other income (expense):        
Interest expense - mortgage (1,695,000) (1,838,000) (5,229,000) (5,562,000)
Interest expense - related party (126,000) (129,000) (384,000) (375,000)
Loss on asset disposal (398,000) (398,000)
Net (loss) gain on marketable securities (456,000) 67,000 (553,000) (330,000)
Net (loss) gain on marketable securities - Comstock (20,000) 207,000 (293,000) (134,000)
Impairment loss on other investments (64,000) (61,000) (64,000) (61,000)
Dividend and interest income 52,000 112,000 158,000 150,000
Trading and margin interest expense (54,000) (77,000) (191,000) (257,000)
Total other expense, net (2,363,000) (2,117,000) (6,556,000) (6,967,000)
(Loss) income before income taxes (2,176,000) 1,026,000 (860,000) 2,212,000
Income tax benefit (expense) 582,000 (280,000) 244,000 (769,000)
Net (loss) income (1,594,000) 746,000 (616,000) 1,443,000
Less: Net loss (income) attributable to the noncontrolling interest 436,000 (320,000) (66,000) (977,000)
Net (loss) income attributable to Santa Fe Financial Corporation $ (1,158,000) $ 426,000 $ (682,000) $ 466,000
Basic and diluted net (loss) income per share attributable to Santa Fe Financial Corporation $ (0.89) $ 0.34 $ (0.54) $ 0.38
Weighted average number of common shares outstanding - basic and diluted 1,301,810 1,241,810 1,261,665 1,241,810
Hotel [Member]        
Revenues:        
Total revenues $ 11,259,000 $ 15,469,000 $ 41,589,000 $ 45,276,000
Costs and operating expenses:        
Operating expenses (10,060,000) (11,378,000) (33,138,000) (33,424,000)
Real Estate [Member]        
Revenues:        
Total revenues 79,000 81,000 237,000 242,000
Costs and operating expenses:        
Operating expenses $ (53,000) $ (52,000) $ (135,000) $ (170,000)