FAIR VALUE MEASUREMENTS

6 Months Ended

Dec. 31, 2024

Fair Value Disclosures [Abstract]

FAIR VALUE MEASUREMENTS

NOTE 7 - FAIR VALUE MEASUREMENTS

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 and obligations for securities sold) or the nature and terms of the obligation (i.e., other notes payable and mortgage notes payable).

The assets and liabilities measured at fair value on a recurring basis are as follows:

As of	December 31, 2024		June 30, 2024
Assets:	Total - Level 1		Total - Level 1
Investment in marketable securities:
REITs and real estate companies	$	2,903,000	$	3,358,000
Healthcare		956,000		179,000
Financial services		394,000		269,000
Consumer cyclical		294,000		-
Energy		185,000		303,000
Industrial		176,000		159,000
Utilities		166,000		163,000
Basic material		156,000		75,000
Other		151,000		-
Technology		116,000		21,000
Communication services		97,000		1,994,000
Consumer defensive		63,000		-
T-Notes		-		933,000
Total	$	5,657,000	$	7,454,000

The fair values of investments in marketable securities are determined by the most recently traded price of each security at the balance sheet date.