v3.22.2.2
Consolidated Statements of Operations - USD ($)
 12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]    
Revenue - Hotel $ 31,534,000 $ 14,668,000
Costs and operating expenses    
Hotel operating expenses (27,451,000) (17,911,000)
Hotel depreciation and amortization expense (2,209,000) (2,079,000)
General and administrative expense (1,130,000) (796,000)
Total costs and operating expenses (30,790,000) (20,786,000)
Income (loss) from operations 744,000 (6,118,000)
Other income (expense)    
Interest expense - mortgage (6,549,000) (6,710,000)
Interest expense - related party (1,375,000) (572,000)
Gain on asset disposal 12,000
Gain on forgiveness of debt 2,000,000 4,719,000
Net gain on marketable securities 915,000 368,000
Net (loss) gain on marketable securities - Comstock (2,056,000) 1,031,000
Impairment loss on other investments (20,000) (38,000)
Dividend and interest income 121,000 17,000
Trading and margin interest expense (203,000) (141,000)
Total other expense, net (7,167,000) (1,314,000)
Loss before income taxes (6,423,000) (7,432,000)
Income tax (expense) benefit (142,000) 2,146,000
Net loss (6,565,000) (5,286,000)
Less: Net loss attributable to the noncontrolling interest 58,000
Net loss attributable to Portsmouth $ (6,565,000) $ (5,228,000)
Basic and diluted net loss per share attributable to Portsmouth $ (8.94) $ (7.12)
Weighted average number of common shares outstanding - basic and diluted 734,187 734,187