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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net loss $ (5,299,000) $ (7,634,000)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 4,967,000 4,691,000
Amortization of loan costs 840,000 210,000
Amortization of other notes payable (267,000) (425,000)
Gain on debt extinguishment (1,416,000)
Deferred taxes (294,000)
Net unrealized loss on marketable securities 1,236,000 1,210,000
Stock compensation expense 85,000 1,263,000
Changes in operating assets and liabilities:    
Investment in marketable securities 5,467,000 2,451,000
Other assets, net 319,000 (1,241,000)
Accounts payable and other liabilities - Hotel (2,650,000) 1,536,000
Accounts payable and other liabilities (1,369,000) 65,000
Due to securities broker 1,343,000
Obligations for securities sold (188,000) (1,393,000)
Net cash provided by operating activities 1,725,000 1,782,000
Cash flows from investing activities:    
Payments for hotel investments (912,000) (2,649,000)
Payments for real estate investments (1,329,000) (1,944,000)
Payments for investment in Portsmouth (1,000) (22,000)
Net cash used in investing activities (2,242,000) (4,615,000)
Cash flows from financing activities:    
Payments of mortgage, financed leases and other notes payable (80,883,000) (2,113,000)
Proceeds from refinance of mortgage notes payable 88,600,000 4,489,000
Issuance costs of refinancing mortgage and other notes payable (2,106,000)
Purchase of treasury stock (394,000) (429,000)
Net cash provided by financing activities 5,217,000 1,947,000
Net increase (decrease) in cash, cash equivalents and restricted cash 4,700,000 (886,000)
Cash, cash equivalents and restricted cash at the beginning of the period 8,694,000 12,874,000
Cash, cash equivalents and restricted cash at the end of the period 13,394,000 11,988,000
Supplemental information:    
Interest paid 10,444,000 4,750,000
Taxes paid $ 25,000 $ 44,000