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BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Details Textual) - USD ($)
9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
May 12, 2017
Jun. 30, 2016
Basis Of Presentation And Significant Accounting Policies [Line Items]        
Subsidiary of Limited Liability Company or Limited Partnership, Ownership Interest 93.10%      
Debt Issuance Costs, Net       $ 840,000
Management Services Agreement Term 10 years      
Key Money Incentive Advance To Related Party $ 2,000,000 $ 0    
Mortgage Loans on Real Estate, Face Amount of Mortgages $ 97,000,000      
Mortgage Loans on Real Estate, Interest Rate 5.275%      
Mortgage Loans on Real Estate, Final Maturity Date Jan. 31, 2024      
Proceeds from Sale of Loans and Leases Held-for-investment $ 42,940,000      
Subsequent Event [Member]        
Basis Of Presentation And Significant Accounting Policies [Line Items]        
Mortgage Loans on Real Estate, Carrying Amount of Mortgages     $ 97,000,000  
Accounts Receivable [Member]        
Basis Of Presentation And Significant Accounting Policies [Line Items]        
Due from Related Parties $ 200,000      
Portsmouth [Member]        
Basis Of Presentation And Significant Accounting Policies [Line Items]        
Equity Method Investment, Ownership Percentage 68.80%      
Intergroup [Member]        
Basis Of Presentation And Significant Accounting Policies [Line Items]        
Equity Method Investment, Ownership Percentage 81.70%      
Noncontrolling Interest, Ownership Percentage by Parent 13.40%      
Woodland Village Inc [Member]        
Basis Of Presentation And Significant Accounting Policies [Line Items]        
Equity Method Investment, Ownership Percentage 55.40%      
Mezzanine Loan [Member]        
Basis Of Presentation And Significant Accounting Policies [Line Items]        
Mortgage Loans on Real Estate, Face Amount of Mortgages $ 20,000,000      
Mortgage Loans on Real Estate, Interest Rate 9.75%      
Mortgage Loans on Real Estate, Final Maturity Date Jan. 31, 2024      
Mezzanine Loan [Member] | Subsequent Event [Member]        
Basis Of Presentation And Significant Accounting Policies [Line Items]        
Mortgage Loans on Real Estate, Carrying Amount of Mortgages     $ 20,000,000