10-Q Filing

INTERGROUP CORP CIK: 69422 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001144204-13-059943`
Period End Date	20130930
Filing Date	20131108
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	intg-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 52 Cash Flow Statement 60

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Investment in hotel, net	`PropertyPlantAndEquipmentNet`	$41.73M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100,000.00	shares	Point-in-time
Investment in hotel, net	`PropertyPlantAndEquipmentNet`	$41.58M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10,000.00	shares	Point-in-time
Investment in real estate, net	`RealEstateInvestmentPropertyNet`	$65.09M	USD	Point-in-time
Preferred stock , shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Investment in real estate, net	`RealEstateInvestmentPropertyNet`	$65.26M	USD	Point-in-time
Preferred stock , shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Investment in marketable securities	`TradingSecurities`	$13.72M	USD	Point-in-time
Investment in marketable securities	`TradingSecurities`	$12.62M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	4.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	4.00M	shares	Point-in-time
Other investments, net	`OtherInvestments`	$15.28M	USD	Point-in-time
Other investments, net	`OtherInvestments`	$15.28M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.65M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.45M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.37M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.36M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.03M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$2.45M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$2.00M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.36M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.37M	shares	Point-in-time
Other assets, net	`OtherAssets`	$6.37M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.00M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.00M	shares	Point-in-time
Other assets, net	`OtherAssets`	$5.89M	USD	Point-in-time
Total assets	`Assets`	$146.07M	USD	Point-in-time
Total assets	`Assets`	$148.14M	USD	Point-in-time
Total assets	`Assets`	$144.69M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$3.67M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$4.10M	USD	Point-in-time
Accounts payable and other liabilities - hotel	`AccountsPayableAndAccruedLiabilitiesCurrentAndNonCurrentHotel`	$8.80M	USD	Point-in-time
Accounts payable and other liabilities - hotel	`AccountsPayableAndAccruedLiabilitiesCurrentAndNonCurrentHotel`	$7.21M	USD	Point-in-time
Due to securities broker	`DueToSecuritiesBroker`	$2.29M	USD	Point-in-time
Due to securities broker	`DueToSecuritiesBroker`	$2.76M	USD	Point-in-time
Obligations for securities sold	`ObligationsForSecuritiesSold`	$4.09M	USD	Point-in-time
Obligations for securities sold	`ObligationsForSecuritiesSold`	$2.56M	USD	Point-in-time
Other notes payable - hotel	`OtherNotesPayableHotel`	$1.59M	USD	Point-in-time
Other notes payable - hotel	`OtherNotesPayableHotel`	$1.37M	USD	Point-in-time
Mortgage notes payable - hotel	`MortgageNotesPayableHotel`	$43.18M	USD	Point-in-time
Mortgage notes payable - hotel	`MortgageNotesPayableHotel`	$43.41M	USD	Point-in-time
Mortgage notes payable - real estate	`MortgageNotesPayableRealEstate`	$73.51M	USD	Point-in-time
Mortgage notes payable - real estate	`MortgageNotesPayableRealEstate`	$73.18M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilities`	$4.62M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilities`	$5.08M	USD	Point-in-time
Total liabilities	`Liabilities`	$140.93M	USD	Point-in-time
Total liabilities	`Liabilities`	$140.49M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $.01 par value, 100,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $.01 par value, 100,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $.01 par value, 4,000,000 shares authorized; 3,367,553 and 3,363,361 issued; 2,365,827 and 2,361,835 outstanding, respectively	`CommonStockValue`	$33.00K	USD	Point-in-time
Common stock, $.01 par value, 4,000,000 shares authorized; 3,367,553 and 3,363,361 issued; 2,365,827 and 2,361,835 outstanding, respectively	`CommonStockValue`	$33.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$9.71M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$9.85M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$10.18M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.90M	USD	Point-in-time
Treasury stock, at cost, 1,001,726 and 1,001,526 shares	`TreasuryStockValue`	$11.81M	USD	Point-in-time
Treasury stock, at cost, 1,001,726 and 1,001,526 shares	`TreasuryStockValue`	$11.82M	USD	Point-in-time
Total InterGroup shareholders' equity	`StockholdersEquity`	$8.25M	USD	Point-in-time
Total InterGroup shareholders' equity	`StockholdersEquity`	$7.83M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-2.67M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-4.08M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.58M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.75M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$146.07M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$144.69M	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Hotel	`RevenueFromLeasedAndOwnedHotels`	$13.30M	USD	1 Quarter
Hotel	`RevenueFromLeasedAndOwnedHotels`	$12.14M	USD	1 Quarter
Real estate	`RealEstateRevenueNet`	$3.67M	USD	1 Quarter
Real estate	`RealEstateRevenueNet`	$4.08M	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$17.38M	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$15.81M	USD	1 Quarter
Hotel operating expenses	`DirectCostsOfHotels`	$9.53M	USD	1 Quarter
Hotel operating expenses	`DirectCostsOfHotels`	$9.16M	USD	1 Quarter
Real estate operating expenses	`CostOfRealEstateRevenue`	$2.28M	USD	1 Quarter
Real estate operating expenses	`CostOfRealEstateRevenue`	$2.16M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.18M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.13M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$527.00K	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$563.00K	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$13.52M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$13.02M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$3.86M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$2.79M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$1.70M	USD	1 Quarter
Interest expense	`InterestExpenseDebt`	$1.41M	USD	1 Quarter
Net gain on marketable securities	`MarketableSecuritiesGainLoss`	$153.00K	USD	1 Quarter
Net gain on marketable securities	`MarketableSecuritiesGainLoss`	$1.52M	USD	1 Quarter
Net unrealized loss on other investments and derivative instruments	`UnrealizedGainLossOnOtherInvestmentsAndDerivativeInstruments`	-	USD	1 Quarter
Net unrealized loss on other investments and derivative instruments	`UnrealizedGainLossOnOtherInvestmentsAndDerivativeInstruments`	$-190.00K	USD	1 Quarter
Dividend and interest income	`InvestmentIncomeInterestAndDividend`	$28.00K	USD	1 Quarter
Dividend and interest income	`InvestmentIncomeInterestAndDividend`	$14.00K	USD	1 Quarter
Trading and margin interest expense	`InterestExpenseOther`	$393.00K	USD	1 Quarter
Trading and margin interest expense	`InterestExpenseOther`	$470.00K	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-729.00K	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-1.71M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.15M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.06M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$460.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$374.00K	USD	1 Quarter
Net income	`ProfitLoss`	$1.69M	USD	1 Quarter
Net income	`ProfitLoss`	$1.69M	USD	1 Quarter
Less: Net income attributable to the noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.10M	USD	1 Quarter
Less: Net income attributable to the noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.41M	USD	1 Quarter
Net income attributable to InterGroup	`NetIncomeLoss`	$589.00K	USD	1 Quarter
Net income attributable to InterGroup	`NetIncomeLoss`	$282.00K	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.72	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.72	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.70	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.70	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.25	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.12	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.12	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.24	USD	1 Quarter
Weighted average number of common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	2.35M	shares	1 Quarter
Weighted average number of common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	2.37M	shares	1 Quarter
Weighted average number of diluted common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.41M	shares	1 Quarter
Weighted average number of diluted common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.40M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.69M	USD	1 Quarter
Net income	`ProfitLoss`	$1.69M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.18M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.13M	USD	1 Quarter
Net unrealized loss on marketable securities	`TradingSecuritiesUnrealizedHoldingGainLoss`	$425.00K	USD	1 Quarter
Net unrealized loss on marketable securities	`TradingSecuritiesUnrealizedHoldingGainLoss`	$1.32M	USD	1 Quarter
Gain on insurance recovery	`ProceedsFromInsuranceSettlementOperatingActivities`	$99.00K	USD	1 Quarter
Gain on insurance recovery	`ProceedsFromInsuranceSettlementOperatingActivities`	-	USD	1 Quarter
Unrealized loss on other investments and derivative instruments	`UnrealizedGainLossOnOtherInvestmentsAndDerivativeInstruments`	-	USD	1 Quarter
Unrealized loss on other investments and derivative instruments	`UnrealizedGainLossOnOtherInvestmentsAndDerivativeInstruments`	$-190.00K	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$188.00K	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$140.00K	USD	1 Quarter
Investment in marketable securities	`IncreaseDecreaseInTradingSecurities`	$5.43M	USD	1 Quarter
Investment in marketable securities	`IncreaseDecreaseInTradingSecurities`	$675.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$463.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.26M	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.16M	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$175.00K	USD	1 Quarter
Due to securities broker	`IncreaseDecreaseInDueToSecuritiesBroker`	$3.39M	USD	1 Quarter
Due to securities broker	`IncreaseDecreaseInDueToSecuritiesBroker`	$-475.00K	USD	1 Quarter
Obligations for securities sold	`IncreaseDecreaseInObligationsForSecuritiesSold`	$1.41M	USD	1 Quarter
Obligations for securities sold	`IncreaseDecreaseInObligationsForSecuritiesSold`	$1.52M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$460.00K	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$374.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.90M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$548.00K	USD	1 Quarter
Investment in hotel	`PaymentsToAcquirePropertyPlantAndEquipment`	$677.00K	USD	1 Quarter
Investment in hotel	`PaymentsToAcquirePropertyPlantAndEquipment`	$519.00K	USD	1 Quarter
Investment in real estate	`PaymentsToAcquireRealEstateHeldForInvestment`	$461.00K	USD	1 Quarter
Investment in real estate	`PaymentsToAcquireRealEstateHeldForInvestment`	$933.00K	USD	1 Quarter
Proceeds from other investments	`ProceedsFromSaleOfOtherInvestments`	-	USD	1 Quarter
Proceeds from other investments	`ProceedsFromSaleOfOtherInvestments`	$12.00K	USD	1 Quarter
Investment in Santa Fe	`PaymentsToAcquireInterestInSubsidiaries`	$14.00K	USD	1 Quarter
Investment in Santa Fe	`PaymentsToAcquireInterestInSubsidiaries`	-	USD	1 Quarter
Restricted cash	`DecreaseInRestrictedCash`	$452.00K	USD	1 Quarter
Restricted cash	`DecreaseInRestrictedCash`	$506.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.11M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-528.00K	USD	1 Quarter
Borrowings from mortgage notes payable	`BorrowingsFromMortgageNotesPayable`	$13.70M	USD	1 Quarter
Borrowings from mortgage notes payable	`BorrowingsFromMortgageNotesPayable`	$500.00K	USD	1 Quarter
Principal payments on mortgage notes payable	`RepaymentsOfMortgageNotes`	$1.07M	USD	1 Quarter
Principal payments on mortgage notes payable	`RepaymentsOfMortgageNotes`	$12.34M	USD	1 Quarter
Payments on other notes payable	`RepaymentsOfOtherDebt`	$242.00K	USD	1 Quarter
Payments on other notes payable	`RepaymentsOfOtherDebt`	$228.00K	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$5.00K	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-799.00K	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.11M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$574.00K	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$551.00K	USD	1 Quarter
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.10M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.65M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.45M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.03M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.10M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.65M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.45M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.03M	USD	Point-in-time
Interest paid	`InterestPaid`	$1.84M	USD	1 Quarter
Interest paid	`InterestPaid`	$1.60M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.