| SCHEDULE OF INVESTMENT IN REAL ESTATE |
Investment
in real estate included the following:
SCHEDULE OF INVESTMENT IN REAL ESTATE
| As of June
30, | |
2026 | | |
2025 | |
| Land | |
$ | 22,293,000 | | |
$ | 22,293,000 | |
| Buildings, improvements and equipment | |
| 76,807,000 | | |
| 76,176,000 | |
| Accumulated depreciation | |
| (58,198,000 | ) | |
| (55,146,000 | ) |
| Investment in real estate, gross | |
| 40,902,000 | | |
| 43,323,000 | |
| Land held for development (a) | |
| 1,933,000 | | |
| 1,930,000 | |
| Investment in real estate, net | |
$ | 42,835,000 | | |
$ | 45,253,000 | |
| (a) | | Represents approximately
the two-acre parcel in Kihei, Maui, Hawaii (carried at cost, including capitalized amounts). |
|