Investment in Real Estate, Net (Tables)

6 Months Ended

Dec. 31, 2020

Real Estate [Abstract]

Schedule of Investment in Real Estate

As of December 31, 2020, the Company’s only investment in real estate was land held for development located in Maui, Hawaii owned by Portsmouth. Investment in real estate consisted of the following:

As of	December 31, 2020		June 30, 2020
Land	$	-	$	2,430,000
Buildings, improvements and equipment		-		2,922,000
Accumulated depreciation		-		(1,573,000	)
		-		3,779,000
Land held for development		980,000		980,000
Investment in real estate, net	$	980,000	$	4,759,000