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INVESTMENT IN REAL ESTATE, NET (Tables)
 12 Months Ended
Jun. 30, 2025
Real Estate [Abstract]  
SCHEDULE OF INVESTMENT IN REAL ESTATE

Investment in real estate included the following:

 

As of June 30,  2025   2024 
Land  $22,293,000   $22,998,000 
Buildings, improvements and equipment   76,176,000    75,460,000 
Accumulated depreciation   (55,146,000)   (52,846,000)
Investment in real estate, gross   43,323,000    45,612,000 
Land held for development (a)   1,930,000    1,930,000 
Investment in real estate, net  $45,253,000   $47,542,000 

 

(a)Represents approximately the two-acre parcel in Kihei, Maui, Hawaii (carried at cost, including capitalized amounts).
SCHEDULE OF RECONCILES INVESTMENT IN REAL ESTATE

The following table reconciles investment in real estate, net from June 30, 2024 to June 30, 2025.

 

For the year ended June 30, 2025  Amount 
Balance at June 30, 2024  $47,542,000 
Additions (capital improvements)   1,664,000 
Depreciation expense   (2,990,000)
Held for sale   (963,000)
Disposals/transfers   - 
Balance at June 30, 2025  $45,253,000