Company: INTG
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010724
Chunk: 26

Company: INTERGROUP CORP
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 26
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 March 31, 2025 and 2024. Segment income from Hotel operations
consists of the operation of the Hotel and operation of the garage. Segment income from real estate operations consists of the operation
of the rental properties. Loss from investments consists of net investment loss, dividend and interest income and investment related
expenses.

    -16-

SCHEDULE OF SEGMENT REPORTING INFORMATION 

    As of and for the three
    months 
    Hotel  
    Real Estate  
    Investment  

    ended
    March 31, 2025 
    Operations  
    Operations  
    Transactions  
    Corporate  
    Total 
  
    Revenues 
    $12,210,000  
    $4,614,000  
    $-  
    $-  
    $16,824,000 
  
    Segment operating expenses 
     (9,685,000) 
     (2,431,000) 
     -  
     (707,000) 
     (12,823,000)
  
    Segment income (loss) 
     2,525,000  
     2,183,000  
     -  
     (707,000) 
     4,001,000 
  
    Interest expense - mortgage 
     (2,459,000) 
     (693,000) 
     -  
     -  
     (3,152,000)
  
    Depreciation and amortization expense 
     (899,000) 
     (752,000) 
     -  
     -  
     (1,651,000)
  
    Gain on extinguishment of debt 
     1,416,000  

     -  
     1,416,000 
  
    Loss from investments 
     -  
     -  
     (1,379,000) 
     -  
     (1,379,000)
  
    Income tax benefit 
     -  
     -  
     -  
     15,000  
     15,000 
  
    Net
    income (loss) 
    $583,000  
    $738,000  
    $(1,379,000) 
    $(692,000) 
    $(750,000)