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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Revenues:    
Hotel $ 14,605,000 $ 15,138,000
Real estate 3,649,000 3,582,000
Total revenues 18,254,000 18,720,000
Costs and operating expenses:    
Hotel operating expenses (10,256,000) (11,193,000)
Real estate operating expenses (1,807,000) (1,736,000)
Depreciation and amortization expense (1,268,000) (1,236,000)
General and administrative expense (728,000) (809,000)
Total costs and operating expenses (14,059,000) (14,974,000)
Income from operations 4,195,000 3,746,000
Other income (expense):    
Interest expense - mortgages (2,462,000) (2,464,000)
Net loss on disposal of assets 0 (30,000)
Net gain on marketable securities 1,154,000 380,000
Net unrealized loss on other investments 0 (74,000)
Impairment loss on other investments (20,000) 0
Dividend and interest income 42,000 13,000
Trading and margin interest expense (262,000) (240,000)
Other expense, net (1,548,000) (2,415,000)
Income before income taxes 2,647,000 1,331,000
Income tax expense (1,052,000) (618,000)
Net income 1,595,000 713,000
Less: Net income attributable to the noncontrolling interest (404,000) (244,000)
Net income attributable to InterGroup $ 1,191,000 $ 469,000
Net income per share    
Basic (in dollars per share) $ 0.67 $ 0.30
Diluted (in dollars per share) 0.65 0.29
Net income per share attributable to InterGroup    
Basic (in dollars per share) 0.50 0.20
Diluted (in dollars per share) $ 0.48 $ 0.19
Weighted average number of basic common shares outstanding (in shares) 2,381,726 2,387,296
Weighted average number of diluted common shares outstanding (in shares) 2,469,295 2,485,584