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MORTGAGE NOTES PAYABLE (Tables)
12 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
SCHEDULE OF MORTGAGES

As of June 30, 2024 and 2023, the Company had the following mortgages:

 

June 30, 2024   June 30, 2023   Interest Rate  Origination Date  Maturity Date
$76,962,000   $87,240,000   Fixed 5.28% plus 4% default rate  December 18, 2013  January 1, 2025
 24,500,000    20,000,000   Fixed 7.25% plus 4% default rate  July 31, 2019  January 1, 2025
 101,462,000    107,240,000   Mortgage notes payable - hotel      
 (679,000)   (123,000)  Net debt issuance costs      
$100,783,000   $107,117,000   Total mortgage notes payable - hotel