SEGMENT INFORMATION (Tables)

6 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

SCHEDULE OF SEGMENT REPORTING INFORMATION

As of and for the three months	Hotel			Real Estate			Investment
ended December 31, 2024	Operations			Operations			Transactions			Corporate			Total
Revenues	$	9,965,000		$	4,476,000		$	-		$	-		$	14,441,000
Segment operating expenses		(9,055,000	)		(2,208,000	)		-			(677,000	)		(11,940,000	)
Segment income (loss)		910,000			2,268,000			-			(677,000	)		2,501,000
Interest expense - mortgage		(2,845,000	)		(685,000	)		-			-			(3,530,000	)
Depreciation and amortization expense		(903,000	)		(745,000	)		-			-			(1,648,000	)
Loss from investments		-			-			(901,000	)		-			(901,000	)
Income tax expense		-			-			-			(119,000	)		(119,000	)
Net (loss) income	$	(2,838,000	)	$	838,000		$	(901,000	)	$	(796,000	)	$	(3,697,000	)
Total assets	$	44,777,000		$	46,957,000		$	5,657,000		$	13,203,000		$	110,594,000

As of and for the three months	Hotel			Real Estate			Investment
ended December 31, 2023	Operations			Operations			Transactions		Corporate			Total
Revenues	$	10,225,000		$	4,096,000		$	-	$	-		$	14,321,000
Segment operating expenses		(9,405,000	)		(2,806,000	)		-		(1,894,000	)		(14,105,000	)
Segment income (loss)		820,000			1,290,000			-		(1,894,000	)		216,000
Interest expense - mortgage		(1,599,000	)		(611,000	)		-		-			(2,210,000	)
Depreciation and amortization expense		(866,000	)		(696,000	)		-		-			(1,562,000	)
Gain from investments		-			-			1,523,000		-			1,523,000
Income tax expense		-			-			-		(118,000	)		(118,000	)
Net (loss) income	$	(1,645,000	)	$	(17,000	)	$	1,523,000	$	(2,012,000	)	$	(2,151,000	)
Total assets	$	46,096,000		$	48,184,000		$	19,363,000	$	10,543,000		$	124,186,000

As of and for the six months	Hotel			Real Estate			Investment
ended December 31, 2024	Operations			Operations			Transactions			Corporate			Total
Revenues	$	21,785,000		$	9,562,000		$	-		$	-		$	31,347,000
Segment operating expenses		(17,847,000	)		(4,665,000	)		-			(1,537,000	)		(24,049,000	)
Segment income (loss)		3,938,000			4,897,000			-			(1,537,000	)		7,298,000
Interest expense - mortgage		(5,669,000	)		(1,375,000	)		-			-			(7,044,000	)
Depreciation and amortization expense		(1,832,000	)		(1,484,000	)		-			-			(3,316,000	)
Loss from investments		-			-			(1,009,000	)		-			(1,009,000	)
Income tax expense		-			-			-			(478,000	)		(478,000	)
Net (loss) income	$	(3,563,000	)	$	2,038,000		$	(1,009,000	)	$	(2,015,000	)	$	(4,549,000	)
Total assets	$	44,777,000		$	46,957,000		$	5,657,000		$	13,203,000		$	110,594,000

As of and for the six months	Hotel			Real Estate			Investment
ended December 31, 2023	Operations			Operations			Transactions		Corporate			Total
Revenues	$	21,318,000		$	8,513,000		$	-	$	-		$	29,831,000
Segment operating expenses		(18,686,000	)		(5,162,000	)		-		(2,649,000	)		(26,497,000	)
Segment income (loss)		2,632,000			3,351,000			-		(2,649,000	)		3,334,000
Interest expense - mortgage		(3,205,000	)		(1,256,000	)		-		-			(4,461,000	)
Depreciation and amortization expense		(1,711,000	)		(1,373,000	)		-		-			(3,084,000	)
Gain from investments		-			-			542,000		-			542,000
Income tax expense		-			-			-		(104,000	)		(104,000	)
Net (loss) income	$	(2,284,000	)	$	722,000		$	542,000	$	(2,753,000	)	$	(3,773,000	)
Total assets	$	46,096,000		$	48,184,000		$	19,363,000	$	10,543,000		$	124,186,000