Company: INTG
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010724
Chunk: 71

Company: INTERGROUP CORP
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 8
Chunk 71
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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)
  
    Total assets 
    $50,860,000  
    $46,635,000  
    $751,000  
    $4,995,000  
    $103,241,000 

    As of and for the three
    months 
    Hotel  
    Real Estate  
    Investment  

    ended
    March 31, 2024 
    Operations  
    Operations  
    Transactions  
    Corporate  
    Total 
  
    Revenues 
    $10,758,000  
    $4,125,000  
    $-  
    $-  
    $14,883,000 
  
    Segment operating expenses 
     (9,239,000) 
     (2,612,000) 
     -  
     (716,000) 
     (12,567,000)
  
    Segment income (loss) 
     1,519,000  
     1,513,000  
     -  
     (716,000) 
     2,316,000 
  
    Interest expense - mortgage 
     (2,591,000) 
     (643,000)