XML 66 R40.htm IDEA: XBRL DOCUMENT v3.25.2

INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2025

Income Tax Disclosure [Abstract]

SCHEDULE OF INCOME TAX (EXPENSE) BENEFIT

The provision for the Company’s income tax (expense) benefit is comprised of the following:

SCHEDULE OF INCOME TAX (EXPENSE) BENEFIT 

For the years ended June 30,		2025				2024
Federal
Current tax benefit (expense)		$	62,000			$	(20,000	)
Deferred tax (expense) benefit			(523,000	)			206,000
Federal income tax (expense) benefit, total			(461,000	)			186,000
State
Current tax benefit (expense)			14,000				(100,000	)
Deferred tax expense			(101,000	)			(3,000	)
State income tax (expense) benefit, total			(87,000	)			(103,000	)
Income tax (expense) benefit		$	(548,000	)		$	83,000

SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION

The provision for income taxes differs from the amount of income tax computed by applying the federal statutory income tax rate to income before taxes as a result of the following differences:

SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION 

For the years ended June 30,		2025				2024
Statutory federal tax rate		$	1,469,000			$	2,644,000
State income taxes, net of federal tax benefit			737,000				1,051,000
Dividend received deduction			12,000				24,000
Perm differences			(336,000	)			(542,000	)
Provision to return adjustment			105,000				(712,000	)
Valuation allowance			(2,831,000	)			(2,700,000	)
Payable true up			182,000				320,000
State rate change impact			95,000				33,000
Other			19,000				(35,000	)
Income tax expense (benefit)		$	(548,000	)		$	83,000

SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES

The components of the deferred tax asset and liabilities are as follows:

SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES 

		June 30, 2025				June 30, 2024
Deferred tax assets:
Net operating loss carryforwards		$	15,410,000			$	14,512,000
Deferred gains on real estate sale and depreciation			9,620,000				14,259,000
Capital loss carryforwards			1,399,000				1,605,000
Accruals and reserves			881,000				808,000
Interest expense			6,385,000				5,157,000
Tax credits			256,000				603,000
State taxes			162,000				141,000
Intercompany interest			2,243,000				-
Other			-				110,000
Deferred Tax Asset before Valuation Allowance			36,356,000				37,195,000
Valuation Allowance			(39,314,000	)			(36,484,000	)
Deferred Tax Asset after Valuation Allowance			(2,958,000	)			711,000
Deferred tax liabilities:
Deferred gains on real estate sale and depreciation			-				(4,654,000	)
Unrealized gain on marketable securities			(30,000	)			(291,000	)
Intercompany interest			(1,887,000	)			-
Other			(473,000	)			(490,000	)
Deferred Tax Liability			(2,390,000	)			(5,435,000	)
Net deferred tax liability		$	(5,348,000	)		$	(4,724,000	)

SCHEDULE OF ESTIMATED NET OPERATING LOSSES (NOLS)

Below is the breakdown of the net operating losses for Intergroup and Portsmouth.

SCHEDULE OF ESTIMATED NET OPERATING LOSSES (NOLS)  

		Federal				State
InterGroup		$	1,997,000			$	4,405,000
Portsmouth			41,378,000				69,377,000
		$	43,375,000			$	73,782,000

SCHEDULE OF UNCERTAIN TAX POSITIONS

SCHEDULE OF UNCERTAIN TAX POSITIONS

Unrecognized Tax Benefits at June 30, 2024		$	1,665,000
Increase in tax positions taken			-
Decrease in tax positions taken			-
Unrecognized Tax Benefits at June 30, 2025		$	1,665,000

X

- Definition

Schedule Of Income Tax Carryforward [Table Text Block]

+ References

No definition available.

+ Details

Name:	INTG_ScheduleOfIncomeTaxCarryforwardTableTextBlock
Namespace Prefix:	INTG_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-9

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-2

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the change in unrecognized tax benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 217
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-217

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-15A

+ Details

Name:	us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration