10-Q Filing

INTERGROUP CORP CIK: 69422 Q1 2015

Filing Information

Form Type	10-Q
Accession Number	`0001144204-14-068726`
Period End Date	20140930
Filing Date	20141114
Fiscal Year	2015
Fiscal Period	Q1
XBRL Instance	intg-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 54 Cash Flow Statement 54

Balance Sheet 77 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	`RealEstateInvestmentPropertyNet`	$41.90M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100,000.00	shares	Point-in-time
Investment in hotel, net	`RealEstateInvestmentPropertyNet`	$42.49M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100,000.00	shares	Point-in-time
Investment in real estate, net	`RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures`	$63.70M	USD	Point-in-time
Preferred stock , shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock , shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Investment in real estate, net	`RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures`	$63.37M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Investment in marketable securities	`TradingSecurities`	$9.32M	USD	Point-in-time
Investment in marketable securities	`TradingSecurities`	$11.42M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other investments, net	`OtherInvestments`	$15.84M	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`	$15.79M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.03M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.45M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.39M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.71M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.38M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.62M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.39M	shares	Point-in-time
Restricted cash - redemption	`RestrictedCashRedemption`	$20.55M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.38M	shares	Point-in-time
Restricted cash - redemption	`RestrictedCashRedemption`	$16.16M	USD	Point-in-time
Restricted cash	`RestrickedCashMortgageImpounds`	$3.98M	USD	Point-in-time
Restricted cash	`RestrickedCashMortgageImpounds`	$3.43M	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`	$8.07M	USD	Point-in-time
Other assets, net	`OtherAssets`	$7.76M	USD	Point-in-time
Total assets	`Assets`	$146.07M	USD	Point-in-time
Total assets	`Assets`	$165.46M	USD	Point-in-time
Total assets	`Assets`	$165.65M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$3.90M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$4.08M	USD	Point-in-time
Accounts payable and other liabilities - hotel	`AccountsPayableAndAccruedLiabilitiesCurrentAndNonCurrentHotel`	$11.87M	USD	Point-in-time
Accounts payable and other liabilities - hotel	`AccountsPayableAndAccruedLiabilitiesCurrentAndNonCurrentHotel`	$15.16M	USD	Point-in-time
Redemption payable	`RedemptionPayment`	$20.55M	USD	Point-in-time
Redemption payable	`RedemptionPayment`	$16.16M	USD	Point-in-time
Due to securities broker	`DueToSecuritiesBroker`	$2.92M	USD	Point-in-time
Due to securities broker	`DueToSecuritiesBroker`	$916.00K	USD	Point-in-time
Obligations for securities sold	`ObligationsForSecuritiesSold`	$175.00K	USD	Point-in-time
Obligations for securities sold	`ObligationsForSecuritiesSold`	$2.55M	USD	Point-in-time
Other notes payable	`OtherNotesPayableHotel`	$282.00K	USD	Point-in-time
Other notes payable	`OtherNotesPayableHotel`	$392.00K	USD	Point-in-time
Mortgage notes payable - hotel	`MortgageNotesPayableHotel`	$117.00M	USD	Point-in-time
Mortgage notes payable - hotel	`MortgageNotesPayableHotel`	$117.00M	USD	Point-in-time
Mortgage notes payable - real estate	`MortgageNotesPayableRealEstate`	$74.97M	USD	Point-in-time
Mortgage notes payable - real estate	`MortgageNotesPayableRealEstate`	$75.36M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilities`	$702.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilities`	$943.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$232.86M	USD	Point-in-time
Total liabilities	`Liabilities`	$232.09M	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; 3,387,972 and 3,383,364 issued; 2,386,246 and 2,381,638 outstanding, respectively	`CommonStockValue`	$33.00K	USD	Point-in-time
Common stock, $.01 par value, 4,000,000 shares authorized; 3,387,972 and 3,383,364 issued; 2,386,246 and 2,381,638 outstanding, respectively	`CommonStockValue`	$33.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$10.42M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$10.09M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-39.40M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-40.16M	USD	Point-in-time
Treasury stock, at cost, 1,001,726	`TreasuryStockValue`	$11.82M	USD	Point-in-time
Treasury stock, at cost, 1,001,726	`TreasuryStockValue`	$11.82M	USD	Point-in-time
Total InterGroup shareholders' deficit	`StockholdersEquity`	$-41.09M	USD	Point-in-time
Total InterGroup shareholders' deficit	`StockholdersEquity`	$-41.53M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-25.68M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-25.54M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-66.63M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-67.21M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$165.65M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$165.46M	USD	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
Hotel	`RevenueFromLeasedAndOwnedHotels`	$13.30M	USD	1 Quarter
Hotel	`RevenueFromLeasedAndOwnedHotels`	$14.83M	USD	1 Quarter
Real estate	`RealEstateRevenueNet`	$4.20M	USD	1 Quarter
Real estate	`RealEstateRevenueNet`	$4.08M	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$17.38M	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$19.03M	USD	1 Quarter
Hotel operating expenses	`DirectCostsOfHotels`	$11.84M	USD	1 Quarter
Hotel operating expenses	`DirectCostsOfHotels`	$9.53M	USD	1 Quarter
Real estate operating expenses	`CostOfRealEstateRevenue`	$2.28M	USD	1 Quarter
Real estate operating expenses	`CostOfRealEstateRevenue`	$2.14M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.18M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.23M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$781.00K	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$527.00K	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$15.98M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$13.52M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$3.86M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$3.04M	USD	1 Quarter
Interest expense - mortgages	`InterestExpenseDebt`	$1.41M	USD	1 Quarter
Interest expense - mortgages	`InterestExpenseDebt`	$2.66M	USD	1 Quarter
Net (loss) gain on marketable securities	`MarketableSecuritiesGainLoss`	$-1.49M	USD	1 Quarter
Net (loss) gain on marketable securities	`MarketableSecuritiesGainLoss`	$153.00K	USD	1 Quarter
Net unrealized loss on other investments	`UnrealizedGainLossOnOtherInvestmentsAndDerivativeInstruments`	-	USD	1 Quarter
Net unrealized loss on other investments	`UnrealizedGainLossOnOtherInvestmentsAndDerivativeInstruments`	$-42.00K	USD	1 Quarter
Dividend and interest income	`InvestmentIncomeInterestAndDividend`	$14.00K	USD	1 Quarter
Dividend and interest income	`InvestmentIncomeInterestAndDividend`	$14.00K	USD	1 Quarter
Trading and margin interest expense	`InterestExpenseOther`	$470.00K	USD	1 Quarter
Trading and margin interest expense	`InterestExpenseOther`	$469.00K	USD	1 Quarter
Other real estate income	`OtherRealEstateRevenue`	$458.00K	USD	1 Quarter
Other real estate income	`OtherRealEstateRevenue`	-	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-4.19M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-1.71M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.15M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.15M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$460.00K	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-241.00K	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-904.00K	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$1.69M	USD	1 Quarter
Less: Net loss (income) attributable to the noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-141.00K	USD	1 Quarter
Less: Net loss (income) attributable to the noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.41M	USD	1 Quarter
Net (loss) income attributable to InterGroup	`NetIncomeLoss`	$282.00K	USD	1 Quarter
Net (loss) income attributable to InterGroup	`NetIncomeLoss`	$-763.00K	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.72	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.38	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.70	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.38	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.12	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.32	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.12	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.32	USD	1 Quarter
Weighted average number of basic common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	2.37M	shares	1 Quarter
Weighted average number of basic common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	2.39M	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`	2.39M	shares	1 Quarter

Cash Flow Statement 54 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$-904.00K	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$1.69M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.23M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.18M	USD	1 Quarter
Net unrealized loss (gain) on marketable securities	`TradingSecuritiesUnrealizedHoldingGainLoss`	$425.00K	USD	1 Quarter
Net unrealized loss (gain) on marketable securities	`TradingSecuritiesUnrealizedHoldingGainLoss`	$-1.65M	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	`UnrealizedGainLossOnOtherInvestmentsAndDerivativeInstruments`	-	USD	1 Quarter
Unrealized loss on other investments	`UnrealizedGainLossOnOtherInvestmentsAndDerivativeInstruments`	$-42.00K	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$140.00K	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$325.00K	USD	1 Quarter
Investment in marketable securities	`IncreaseDecreaseInTradingSecurities`	$675.00K	USD	1 Quarter
Investment in marketable securities	`IncreaseDecreaseInTradingSecurities`	$-458.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$289.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$463.00K	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.16M	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.47M	USD	1 Quarter
Due to securities broker	`IncreaseDecreaseInDueToSecuritiesBroker`	$-2.01M	USD	1 Quarter
Due to securities broker	`IncreaseDecreaseInDueToSecuritiesBroker`	$-475.00K	USD	1 Quarter
Obligations for securities sold	`IncreaseDecreaseInObligationsForSecuritiesSold`	$2.38M	USD	1 Quarter
Obligations for securities sold	`IncreaseDecreaseInObligationsForSecuritiesSold`	$1.52M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$460.00K	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-241.00K	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.90M	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-838.00K	USD	1 Quarter
Investment in hotel	`PaymentsToAcquirePropertyPlantAndEquipment`	$519.00K	USD	1 Quarter
Investment in hotel	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.31M	USD	1 Quarter
Investment in real estate	`PaymentsToAcquireRealEstateHeldForInvestment`	$461.00K	USD	1 Quarter
Investment in real estate	`PaymentsToAcquireRealEstateHeldForInvestment`	$211.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.52M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-980.00K	USD	1 Quarter
Restricted cash for mortgage impounds	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$553.00K	USD	1 Quarter
Restricted cash for mortgage impounds	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$452.00K	USD	1 Quarter
Borrowings from mortgage and other notes payable, net	`ProceedsFromOtherDebt`	$500.00K	USD	1 Quarter
Borrowings from mortgage and other notes payable, net	`ProceedsFromOtherDebt`	$219.00K	USD	1 Quarter
Payments to mortgage and other notes payable	`RepaymentsOfOtherDebt`	$495.00K	USD	1 Quarter
Payments to mortgage and other notes payable	`RepaymentsOfOtherDebt`	$1.29M	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$5.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$277.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-347.00K	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-2.08M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$574.00K	USD	1 Quarter
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.03M	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`	$4.71M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.62M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.03M	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`	$4.71M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.62M	USD	Point-in-time
Interest paid	`InterestPaid`	$2.81M	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.