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Real Estate Assets Held for Sale, Net
 6 Months Ended
Dec. 31, 2020
Real Estate Assets Held for Sale, Net [Abstract]  
Real Estate Assets Held for Sale, Net
3)
Real Estate Assets Held for Sale, Net

The Company’s real estate assets held for sale as of December 31, 2020, with comparative information as of June 30, 2020, are as follows ($ in thousands):

  
December 31, 2020
  
June 30, 2020
 
                         
  
Number
of Assets
  
Gross Value
  
Closing and
Other Costs
  
Net Value
  
Number
of Assets
  
Gross Value
  
Closing and
Other Costs
  
Net Value
 
                         
Single-family homes
  
8
  
$
161,750
  
$
(9,705
)
 
$
152,045
   
13
  
$
298,368
  
$
(17,072
)
 
$
281,296
 
                                 
Other real estate assets:
                                
Lots
  
-
   
-
   
-
   
-
   
2
   
3,500
   
(193
)
  
3,307
 
Secured loans
  
4
   
1,965
   
(86
)
  
1,879
   
4
   
1,984
   
(86
)
  
1,898
 
Other properties
  
2
   
1,107
   
(55
)
  
1,052
   
13
   
3,018
   
(182
)
  
2,836
 
Subtotal
  
6
   
3,072
   
(141
)
  
2,931
   
19
   
8,502
   
(461
)
  
8,041
 
                                 
Total
  
14
  
$
164,822
  
$
(9,846
)
 
$
154,976
   
32
  
$
306,870
  
$
(17,533
)
 
$
289,337
 

The single-family homes, except one, are located in the Los Angeles, California area. One of the single-family homes is listed for sale. All of the other single-family homes are under construction. The loans are secured by properties located primarily in the Midwest and Eastern United States. The other properties are located in the states of Hawaii and New York.

During the three months ended December 31, 2020, the Company sold one single-family home, two lots and two other properties for net proceeds of approximately $87,666,000. During the three months ended December 31, 2019, the Company sold four single-family homes, six lots and one other property and collected a principal paydown on one secured loan for net proceeds of approximately $82,967,000. During the six months ended December 31, 2020, the Company sold five single-family homes, two lots and eleven other properties for net proceeds of approximately $121,158,000. One of the single-family homes sold during the six months ended December 31, 2020 was under construction and the buyer assumed the remaining obligations to complete construction of approximately $11,253,000. During the six months ended December 31, 2019, the Company sold eight single-family homes, sixteen lots, two other properties, settled two secured loans and collected a principal paydown on one secured loan for net proceeds of approximately $103,929,000.