v3.26.3
SCHEDULE OF SEGMENT REPORTING INFORMATION (Details) - USD ($)
12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]    
Revenues $ 73,951,000 $ 64,378,000
Operating expenses (62,085,000) (56,735,000)
General and administrative (2,718,000) (2,930,000)
Interest expense - mortgages (12,666,000) (13,556,000)
Gain on extinguishment of debt 1,416,000
Gain on insurance recovery 124,000
Gain on sale of real estate 3,508,000
Depreciation and amortization expense (6,793,000) (6,624,000)
Income tax benefit 2,283,000 548,000
Net (loss) income 336,000 (7,547,000)
Total assets 104,618,000 104,101,000
Operating Segments [Member]    
Segment Reporting [Line Items]    
Revenues 73,951,000 64,378,000
Operating expenses (42,532,000) (35,751,000)
Utilities (3,254,000) (4,549,000)
Real estate taxes (4,326,000) (4,153,000)
Insurance (2,462,000) (2,728,000)
General and administrative (2,718,000) (2,930,000)
Segment income (loss) from operations 18,659,000 14,267,000
Interest expense - mortgages (12,666,000) (13,556,000)
Gain on extinguishment of debt   1,416,000
Gain on insurance recovery 124,000  
Gain on sale of real estate 3,508,000  
Depreciation and amortization expense (6,793,000) (6,624,000)
Loss from investments (213,000) (2,502,000)
Income tax benefit (2,283,000) (548,000)
Net (loss) income 336,000 (7,547,000)
Total assets 104,618,000 104,101,000
Hotel Operations [Member]    
Segment Reporting [Line Items]    
Revenues 55,797,000 46,363,000
Operating expenses (38,265,000) (31,593,000)
Utilities (1,900,000) (3,210,000)
Real estate taxes (2,159,000) (1,912,000)
Insurance (949,000) (916,000)
General and administrative
Segment income (loss) from operations 12,524,000 8,732,000
Interest expense - mortgages (9,686,000) (10,680,000)
Gain on extinguishment of debt   1,416,000
Gain on insurance recovery  
Gain on sale of real estate  
Depreciation and amortization expense (3,740,000) (3,634,000)
Loss from investments
Income tax benefit
Net (loss) income (902,000) (4,166,000)
Total assets 52,183,000 52,357,000
Real Estate Operations [Member]    
Segment Reporting [Line Items]    
Revenues 18,154,000 18,015,000
Operating expenses (4,267,000) (4,158,000)
Utilities (1,354,000) (1,339,000)
Real estate taxes (2,167,000) (2,241,000)
Insurance (1,513,000) (1,812,000)
General and administrative
Segment income (loss) from operations 8,853,000 8,465,000
Interest expense - mortgages (2,980,000) (2,876,000)
Gain on extinguishment of debt  
Gain on insurance recovery 124,000  
Gain on sale of real estate 3,508,000  
Depreciation and amortization expense (3,053,000) (2,990,000)
Loss from investments
Income tax benefit
Net (loss) income 6,452,000 2,599,000
Total assets 42,835,000 45,253,000
Investment Transactions [Member]    
Segment Reporting [Line Items]    
Revenues
Operating expenses
Utilities
Real estate taxes
Insurance
General and administrative
Segment income (loss) from operations
Interest expense - mortgages
Gain on extinguishment of debt  
Gain on insurance recovery  
Gain on sale of real estate  
Depreciation and amortization expense
Loss from investments (213,000) (2,502,000)
Income tax benefit
Net (loss) income (213,000) (2,502,000)
Total assets 4,394,000 969,000
Other [Member]    
Segment Reporting [Line Items]    
Revenues
Operating expenses
Utilities
Real estate taxes
Insurance
General and administrative (2,718,000) (2,930,000)
Segment income (loss) from operations (2,718,000) (2,930,000)
Interest expense - mortgages
Gain on extinguishment of debt  
Gain on insurance recovery  
Gain on sale of real estate  
Depreciation and amortization expense
Loss from investments
Income tax benefit (2,283,000) (548,000)
Net (loss) income (5,001,000) (3,478,000)
Total assets $ 5,206,000 $ 5,522,000