XML 63 R30.htm IDEA: XBRL DOCUMENT v3.19.3
Basis of Presentation and Significant Accounting Policies (Details Narrative) - USD ($)
1 Months Ended 3 Months Ended
Jul. 31, 2019
Dec. 31, 2013
Jul. 31, 2019
Jul. 31, 2018
Sep. 30, 2019
Jun. 30, 2019
May 11, 2017
Mortgage loan prior mortgage amount   $ 42,940,000          
Mortgage loan face amount   97,000,000          
Outstanding principle balance on loan         $ 93,397,000 $ 93,746,000  
Mortgage notes payable         112,349,000 113,087,000  
Mortgage notes payable - real estate         $ 3,313,000 3,315,000  
CIBC Bank USA [Member]              
Increase in line of credit facility $ 3,000,000   $ 3,000,000        
Line of credit maturity date, description extended the maturity date from July 24, 2019 to July 23, 2020   extended the maturity date from July 24, 2019 to July 23, 2020        
Mezzanine Loan [Member]              
Mortgage loan face amount   $ 20,000,000         $ 20,000,000
Loans interest rate   9.75%          
Loans maturity date   Jan. 01, 2024          
Mortgage Loan [Member]              
Mortgage loan face amount             $ 97,000,000
Loans interest rate   5.275%          
Mortgage loans payment terms   The mortgage loan bears an interest rate of 5.275% per annum with interest only payments due through January 2017. Beginning in February 2017, the loan began to amortize over a thirty-year period through its maturity date of January 2024.          
Loans maturity date   Jan. 01, 2024          
InterGroup Chairman and President [Member]              
Voting interest         4.00%    
InterGroup Corporation [Member]              
Equity method investment, ownership percentage         86.30%    
Noncontrolling interest, ownership percentage by parent         13.40%    
Portsmouth [Member]              
Subsidiary of limited liability company or limited partnership, ownership interest         93.30%    
Portsmouth Square, Inc [Member]              
Equity method investment, ownership percentage         68.80%    
Franchise Holding LLC [Member] | Franchise License Agreement [Member]              
Ownership maturity date         Jan. 31, 2030    
Interstate Management Company LLC [Member] | Hotel Management Agreement [Member]              
Management agreement, term         10 years    
Management expiration date         Feb. 03, 2017    
Management agreement, renewal term         5 years    
Management fee payable rate         1.70%    
Cred Reit Holdco LLC [Member] | New Mezzanine Loan Agreement [Member]              
Loan amount $ 20,000,000   $ 20,000,000        
Cred Reit Holdco LLC [Member] | New Mezzanine Loan Agreement [Member] | New Mezzanine Loan [Member]              
Loans interest rate 7.25%            
Intergroup [Member]              
Equity method investment, ownership percentage       44.60%      
Mortgage notes payable - real estate         $ 2,969,000 $ 2,969,000  
Intergroup [Member] | CIBC Bank USA [Member]              
Line of credit facility       $ 5,000,000      
Variable interest rate description       The RLOC carries a variable interest rate of 30-day LIBOR plus 3%.      
Woodland Village Inc [Member]              
Mortgage notes payable       $ 2,969,000      
Variable interest rate       3.00%      
Santa Fee [Member]              
Equity method investment, ownership percentage       55.40%