Company: INTG
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006758
Chunk: 0

Company: INTERGROUP CORP
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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CONDENSED
CONSOLIDATED BALANCE SHEETS 

Item
1 - Condensed Consolidated Financial Statements

    As of 
    December
    31, 2024  
    June
    30, 2024 

    (unaudited)  

    ASSETS 

    Investment
    in Hotel, net 
    $39,684,000  
    $40,901,000 
  
    Investment in real estate,
    net 
     46,957,000  
     47,542,000 
  
    Investment in marketable
    securities 
     5,657,000  
     7,454,000 
  
    Cash and cash equivalents 
     10,420,000  
     4,333,000 
  
    Restricted cash 
     3,966,000  
     4,361,000 
  
    Other
    assets, net 
     3,910,000  
     3,220,000 
  
    Total
    assets 
    $110,594,000  
    $107,811,000 

    LIABILITIES AND SHAREHOLDERS’
    DEFICIT 

    Liabilities: 

    Accounts payable and other
    liabilities - Hotel 
    $16,099,000  
    $13,757,000 
  
    Accounts payable and other
    liabilities 
     3,455,000  
     4,265,000 
  
    Obligations for securities
    sold 
     673,000  
     188,000 
  
    Other notes payable 
     2,263,000  
     2,388,000 
  
    Deferred tax liability 
     4,724,000  
     4,724,000 
  
    Mortgage notes payable
    - Hotel, net 
     100,289,000  
     100,783,000 
  
    Mortgage
    notes payable - real estate, net 
     94,426,000  
     88,173,000 
  
    Total
    liabilities 
     221,929,000  
     214,278,000 

    Shareholders’ deficit: 

    Preferred stock, $.01 par
    value, 100,000 shares authorized; none issued 
     -  
     -