Company: INTG
Filing Date: 2025-09-30
Form Type: 10-K
Source: 0001493152-25-016154
Chunk: 254

Company: INTERGROUP CORP
Filing Date: 2025-09-30
Form: 10-K
Item: Item 8
Chunk 254
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    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 

Additions
reflect capital improvements to the Company’s multifamily and commercial properties during the year. Depreciation expense reflects
the change in accumulated depreciation for the period (from $52,846,000 to $55,842,000). There were no disposals or transfers, and one
property was classified as held for sale during the period.

NOTE
6 - INVESTMENT IN MARKETABLE SECURITIES

The
Company’s investment in marketable securities consists primarily of corporate equities. The Company has also periodically invested
in corporate bonds and income producing securities, which may include interests in real estate-based companies and REITs, where financial
benefit could inure to its shareholders through income and/or capital gain.

At
June 30, 2025 and 2024, the Company’s marketable securities are accounted for under ASC 321 and measured at fair value with changes
recognized in earnings; and marketable debt securities, if held, are classified as trading with changes recognized in earnings. The following
table summarizes cost and fair value information for marketable securities:

SCHEDULE OF TRADING SECURITIES 

    Gross  
    Gross  
    Net  

    Investment 
    Cost  
    Unrealized Gain  
    Unrealized Loss  
    Unrealized Gain   
    Fair Value 
  
    As of June 30, 2025 

    Corporate Equities 
    $790,000  
    $180,000  
    $(1,000) 
    $179,000  
    $969,000 

    As of June 30, 2024 

    Corporate Equities 
    $6,262,000  
    $1,697,000  
    $(505,000) 
    $1,192,000  
    $7,454,000 

Net
loss on marketable securities in the consolidated statements of operations comprises realized and unrealized components, as follows:

S