Company: INTG
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010724
Chunk: 61

Company: INTERGROUP CORP
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 8
Chunk 61
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3 Months  
    Year  
    Year  
    Year  
    Year  

    Total  
    2025  
    2026  
    2027  
    2028  
    2029  
    Thereafter 
  
    Mortgage and subordinated notes
    payable 
    $198,396,000  
    $5,589,000  
    $1,162,000  
    $106,596,000  
    $1,770,000  
    $1,845,000  
    $81,434,000 
  
    Other notes payable 
     2,121,000  
     142,000  
     567,000  
     463,000  
     317,000  
     317,000  
     315,000 
  
    Interest 
     40,970,000  
     2,454,000  
     11,667,000  
     11,098,000  
     2,648,000  
     2,582,000  
     10,521,000 
  
    Total 
    $241,487,000  
    $8,185,000  
    $13,396,000  
    $118,157,000  
    $4,735,000  
    $4,744,000  
    $92,270,000 

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 eliminates rental revenue from the accounting
standard.

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

SCHEDULE OF DISAGGREGATION OF REVENUE 

    For
    the three months ended March 31, 
    2025  
    2024 
  
    Hotel revenues: 

    Hotel rooms 
    $10,534,000  
    $9,018,000 
  
    Food and beverage 
     728,000  
     924,000 
  
    Garage 
     760,000  
     710,000 
  
    Other
    operating departments 
     188,000  
     106