v3.22.2.2
FAIR VALUE MEASUREMENTS (Tables)
 3 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
SCHEDULE OF FAIR VALUE, ASSETS MEASURED ON RECURRING BASIS

The carrying values of the Company’s financial instruments not required to be carried at fair value on a recurring basis approximate fair value due to their short maturities (i.e., accounts receivable, other assets, accounts payable and other liabilities) or the nature and terms of the obligation (i.e., other notes payable and mortgage notes payable). The assets measured at fair value on a recurring basis are as follows:

 

   September 30, 2022   June 30, 2022 
As of  Total - Level 1   Total - Level 1 
Assets:          
Investment in marketable securities:          
REITs and real estate companies  $181,000   $162,000 
Communication services   93,000    355,000 
Utilities   11,000    5,000 
Basic materials   9,000    18,000 
Technology   1,000    1,000 
Investment in marketable securities  $295,000   $541,000