Company: INTG
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006758
Chunk: 60

Company: INTERGROUP CORP
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 8
Chunk 60
---
283,000  
     567,000  
     463,000  
     317,000  
     317,000  
     316,000 
  
    Interest 
     29,272,000  
     8,126,000  
     2,751,000  
     2,644,000  
     2,648,000  
     2,582,000  
     10,521,000 
  
    Total 
    $227,224,000  
    $114,591,000  
    $4,480,000  
    $6,403,000  
    $4,735,000  
    $4,744,000  
    $92,271,000 

NOTE
3 – REVENUE

Our
revenue from real estate is primarily rental income from residential and commercial property leases which is recorded when due from residents
and is recognized monthly as earned. The revenue recognition rules under ASC 606 specifically eliminate rental revenue from the accounting
standard.

The
following table presents our Hotel revenue disaggregated by revenue streams:

 SCHEDULE OF DISAGGREGATION OF REVENUE

    For the three months ended
    December 31, 
    2024  
    2023 
  
    Hotel revenues: 

    Hotel rooms 
    $8,401,000  
    $8,403,000 
  
    Food and beverage 
     654,000  
     972,000 
  
    Garage 
     780,000  
     708,000 
  
    Other
    operating departments 
     130,000  
     142,000 
  
    Total Hotel revenue 
    $9,965,000  
    $10,225,000 

    For the six months ended
    December 31, 
    2024  
    2023 
  
    Hotel revenues: 

    Hotel rooms 
    $18,511,000  
    $17,964,000 
  
    Food and beverage 
     1,387,000  
     1,599,000 
  
    Garage 
     1,655,000  
     1,533,000 
  
    Other
    operating departments 
     232,000  
     222,000 
  
    Total Hotel