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CONDENDSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:    
Net income (loss) $ 1,443,000 $ (3,539,000)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Net unrealized loss on marketable securities 601,000 899,000
Deferred taxes 489,000 3,164,000
Impairment loss on other investments 0 72,000
Depreciation and amortization 1,115,000 1,339,000
Changes in operating assets and liabilities:    
Investment in marketable securities 852,000 183,000
Accounts receivable 871,000 204,000
Other assets (208,000) 74,000
Accounts payable and other liabilities (1,151,000) (1,591,000)
Due to securities broker (479,000) 178,000
Obligations for securities sold (512,000) (332,000)
Net cash provided by operating activities 3,021,000 651,000
Cash flows from investing activities:    
Payments for hotel furniture, equipment and building improvements (583,000) (110,000)
Proceeds from other investments 29,000 12,000
Net cash used in investing activities (554,000) (98,000)
Cash flows from financing activities:    
Payments of mortgage and other notes payable (781,000) (792,000)
Net cash used in financing activities (781,000) (792,000)
Net increase (decrease) in cash, cash equivalents, and restricted cash 1,686,000 (239,000)
Cash, cash equivalents, and restricted cash at the beginning of the period 14,683,000 7,160,000
Cash, cash equivalents, and restricted cash at the end of the period 16,369,000 6,921,000
Supplemental information:    
Interest paid $ 3,821,000 $ 4,009,000