10-Q Filing

INTERGROUP CORP CIK: 69422 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001144204-16-131716`
Period End Date	20160930
Filing Date	20161104
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	intg-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 56 Cash Flow Statement 58

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
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100,000.00	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100,000.00	shares	Point-in-time
Investment in Hotel, net	`RealEstateInvestmentPropertyNet`	$44.34M	USD	Point-in-time
Investment in Hotel, net	`RealEstateInvestmentPropertyNet`	$44.82M	USD	Point-in-time
Investment in real estate, net	`RealEstateInvestments`	$56.36M	USD	Point-in-time
Preferred stock , shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Investment in real estate, net	`RealEstateInvestments`	$56.28M	USD	Point-in-time
Preferred stock , shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Investment in marketable securities	`TradingSecurities`	$19.31M	USD	Point-in-time
Investment in marketable securities	`TradingSecurities`	$14.28M	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
Other investments, net	`OtherInvestments`	$1.01M	USD	Point-in-time
Other investments, net	`OtherInvestments`	$1.03M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.40M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.40M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.06M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.40M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.53M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$8.34M	USD	Point-in-time
Restricted cash - mortgage impounds	`RestrickedCashMortgageImpounds`	$3.22M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.38M	shares	Point-in-time
Restricted cash - mortgage impounds	`RestrickedCashMortgageImpounds`	$3.97M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.38M	shares	Point-in-time
Other assets, net	`OtherAssets`	$5.68M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.01M	shares	Point-in-time
Other assets, net	`OtherAssets`	$6.17M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.01M	shares	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNet`	$3.98M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNet`	$2.93M	USD	Point-in-time
Total assets	`Assets`	$135.27M	USD	Point-in-time
Total assets	`Assets`	$139.88M	USD	Point-in-time
Total assets	`Assets`	$137.58M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$3.72M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$3.71M	USD	Point-in-time
Accounts payable and other liabilities - Hotel	`AccountsPayableAndAccruedLiabilitiesCurrentAndNonCurrentHotel`	$12.60M	USD	Point-in-time
Accounts payable and other liabilities - Hotel	`AccountsPayableAndAccruedLiabilitiesCurrentAndNonCurrentHotel`	$14.78M	USD	Point-in-time
Due to securities broker	`DueToSecuritiesBroker`	$1.49M	USD	Point-in-time
Due to securities broker	`DueToSecuritiesBroker`	$3.04M	USD	Point-in-time
Obligations for securities sold	`ObligationsForSecuritiesSold`	$163.00K	USD	Point-in-time
Obligations for securities sold	`ObligationsForSecuritiesSold`	$1.11M	USD	Point-in-time
Other notes payable	`OtherNotesPayable`	$7.00M	USD	Point-in-time
Other notes payable	`OtherNotesPayable`	$6.48M	USD	Point-in-time
Mortgage notes payable - Hotel, net	`MortgageNotesPayableHotel`	$116.16M	USD	Point-in-time
Mortgage notes payable - Hotel, net	`MortgageNotesPayableHotel`	$116.19M	USD	Point-in-time
Mortgage notes payable - real estate	`MortgageNotesPayableRealEstate`	$65.20M	USD	Point-in-time
Mortgage notes payable - real estate	`MortgageNotesPayableRealEstate`	$66.04M	USD	Point-in-time
Total liabilities	`Liabilities`	$208.52M	USD	Point-in-time
Total liabilities	`Liabilities`	$209.16M	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; 3,395,616 issued; 2,381,726 outstanding	`CommonStockValue`	$33.00K	USD	Point-in-time
Common stock, $.01 par value, 4,000,000 shares authorized; 3,395,616 issued; 2,381,726 outstanding	`CommonStockValue`	$33.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$10.44M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$10.36M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-42.45M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-43.65M	USD	Point-in-time
Treasury stock, at cost, 1,013,890 shares	`TreasuryStockValue`	$12.08M	USD	Point-in-time
Treasury stock, at cost, 1,013,890 shares	`TreasuryStockValue`	$12.08M	USD	Point-in-time
Total InterGroup shareholders' deficit	`StockholdersEquity`	$-44.07M	USD	Point-in-time
Total InterGroup shareholders' deficit	`StockholdersEquity`	$-45.33M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-27.51M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-27.92M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-73.25M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-71.58M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$137.58M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$135.27M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Hotel	`RevenueFromLeasedAndOwnedHotels`	$15.14M	USD	1 Quarter
Hotel	`RevenueFromLeasedAndOwnedHotels`	$14.61M	USD	1 Quarter
Real estate	`RealEstateRevenueNet`	$3.65M	USD	1 Quarter
Real estate	`RealEstateRevenueNet`	$3.58M	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$18.25M	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$18.72M	USD	1 Quarter
Hotel operating expenses	`DirectCostsOfHotels`	$10.26M	USD	1 Quarter
Hotel operating expenses	`DirectCostsOfHotels`	$11.19M	USD	1 Quarter
Real estate operating expenses	`CostOfRealEstateRevenue`	$1.74M	USD	1 Quarter
Real estate operating expenses	`CostOfRealEstateRevenue`	$1.81M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.27M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationAndAmortization`	$1.24M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$809.00K	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$728.00K	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$14.06M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$14.97M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$3.75M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$4.20M	USD	1 Quarter
Interest expense - mortgages	`InterestExpenseDebt`	$2.46M	USD	1 Quarter
Interest expense - mortgages	`InterestExpenseDebt`	$2.46M	USD	1 Quarter
Net loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-30.00K	USD	1 Quarter
Net loss on disposal of assets	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Net gain on marketable securities	`MarketableSecuritiesGainLoss`	$1.15M	USD	1 Quarter
Net gain on marketable securities	`MarketableSecuritiesGainLoss`	$380.00K	USD	1 Quarter
Net unrealized loss on other investments	`UnrealizedGainLossOnOtherInvestmentsAndDerivativeInstruments`	$-74.00K	USD	1 Quarter
Net unrealized loss on other investments	`UnrealizedGainLossOnOtherInvestmentsAndDerivativeInstruments`	-	USD	1 Quarter
Impairment loss on other investments	`ImpairmentLossOnOtherInvestments`	-	USD	1 Quarter
Impairment loss on other investments	`ImpairmentLossOnOtherInvestments`	$20.00K	USD	1 Quarter
Dividend and interest income	`InvestmentIncomeInterestAndDividend`	$42.00K	USD	1 Quarter
Dividend and interest income	`InvestmentIncomeInterestAndDividend`	$13.00K	USD	1 Quarter
Trading and margin interest expense	`InterestExpenseOther`	$262.00K	USD	1 Quarter
Trading and margin interest expense	`InterestExpenseOther`	$240.00K	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-1.55M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-2.42M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.65M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.33M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$618.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.05M	USD	1 Quarter
Net income	`ProfitLoss`	$1.59M	USD	1 Quarter
Net income	`ProfitLoss`	$713.00K	USD	1 Quarter
Less: Net income attributable to the noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$244.00K	USD	1 Quarter
Less: Net income attributable to the noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$404.00K	USD	1 Quarter
Net income attributable to InterGroup	`NetIncomeLoss`	$469.00K	USD	1 Quarter
Net income attributable to InterGroup	`NetIncomeLoss`	$1.19M	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.30	USD	1 Quarter
Basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.67	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.29	USD	1 Quarter
Diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.65	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.50	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.48	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.19	USD	1 Quarter
Weighted average number of basic common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	2.38M	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`	2.49M	shares	1 Quarter
Weighted average number of diluted common shares outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.47M	shares	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.59M	USD	1 Quarter
Net income	`ProfitLoss`	$713.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.27M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.24M	USD	1 Quarter
Net loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-30.00K	USD	1 Quarter
Net loss on disposal of assets	`GainLossOnDispositionOfAssets1`	-	USD	1 Quarter
Net unrealized gain on marketable securities	`TradingSecuritiesUnrealizedHoldingGainLoss`	$440.00K	USD	1 Quarter
Net unrealized gain on marketable securities	`TradingSecuritiesUnrealizedHoldingGainLoss`	$735.00K	USD	1 Quarter
Unrealized loss on other investments	`UnrealizedGainLossOnOtherInvestmentsAndDerivativeInstruments`	$-74.00K	USD	1 Quarter
Unrealized loss on other investments	`UnrealizedGainLossOnOtherInvestmentsAndDerivativeInstruments`	-	USD	1 Quarter
Impairment loss on other investments	`ImpairmentLossOnOtherInvestments`	-	USD	1 Quarter
Impairment loss on other investments	`ImpairmentLossOnOtherInvestments`	$20.00K	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$211.00K	USD	1 Quarter
Stock compensation expense	`ShareBasedCompensation`	$72.00K	USD	1 Quarter
Investment in marketable securities	`IncreaseDecreaseInTradingSecurities`	$4.29M	USD	1 Quarter
Investment in marketable securities	`IncreaseDecreaseInTradingSecurities`	$-1.76M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-4.40M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-558.00K	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.19M	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.83M	USD	1 Quarter
Due to securities broker	`IncreaseDecreaseInDueToSecuritiesBroker`	$-345.00K	USD	1 Quarter
Due to securities broker	`IncreaseDecreaseInDueToSecuritiesBroker`	$1.54M	USD	1 Quarter
Obligations for securities sold	`IncreaseDecreaseInObligationsForSecuritiesSold`	$-944.00K	USD	1 Quarter
Obligations for securities sold	`IncreaseDecreaseInObligationsForSecuritiesSold`	$22.00K	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$1.05M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$443.00K	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-164.00K	USD	1 Quarter
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$4.23M	USD	1 Quarter
Investment in hotel, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$272.00K	USD	1 Quarter
Investment in hotel, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.29M	USD	1 Quarter
Investment in real estate, net	`PaymentsToAcquireRealEstateHeldForInvestment`	$483.00K	USD	1 Quarter
Investment in real estate, net	`PaymentsToAcquireRealEstateHeldForInvestment`	$2.24M	USD	1 Quarter
Investment in Santa Fe	`PaymentsToAcquireInterestInSubsidiaries`	$120.00K	USD	1 Quarter
Investment in Santa Fe	`PaymentsToAcquireInterestInSubsidiaries`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-3.65M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-755.00K	USD	1 Quarter
Restricted cash - withdrawal of mortgage impounds	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$-175.00K	USD	1 Quarter
Restricted cash - withdrawal of mortgage impounds	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$-747.00K	USD	1 Quarter
Net proceeds from (payments of) mortgage and other notes payable	`ProceedsFromRepaymentsOfOtherDebt`	$-465.00K	USD	1 Quarter
Net proceeds from (payments of) mortgage and other notes payable	`ProceedsFromRepaymentsOfOtherDebt`	$319.00K	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$122.00K	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-762.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-428.00K	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.35M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-185.00K	USD	1 Quarter
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$5.40M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$4.06M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$8.53M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$8.34M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$5.40M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$4.06M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$8.53M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$8.34M	USD	Point-in-time
Interest paid	`InterestPaid`	$2.56M	USD	1 Quarter
Interest paid	`InterestPaid`	$2.61M	USD	1 Quarter
Conversion of other investments to marketable securities	`ConversionOfOtherInvestmentsToMarketableSecurities`	-	USD	1 Quarter
Conversion of other investments to marketable securities	`ConversionOfOtherInvestmentsToMarketableSecurities`	$13.23M	USD	1 Quarter

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