10-Q Filing

INTERGROUP CORP CIK: 69422 Q1 2018

Filing Information

Form Type	10-Q
Accession Number	`0001144204-17-057819`
Period End Date	20170930
Filing Date	20171109
Fiscal Year	2018
Fiscal Period	Q1
XBRL Instance	intg-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 52 Cash Flow Statement 50

Balance Sheet 71 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`	$42.09M	USD	Point-in-time
Investment in Hotel, net	`RealEstateInvestmentPropertyNet`	$41.44M	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
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	`RealEstateInvestments`	$54.98M	USD	Point-in-time
Investment in real estate, net	`RealEstateInvestments`	$54.68M	USD	Point-in-time
Investment in marketable securities	`TradingSecurities`	$14.50M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Investment in marketable securities	`TradingSecurities`	$17.18M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Other investments, net	`OtherInvestments`	$1.21M	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`	$1.21M	USD	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`	$2.81M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.87M	USD	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
Restricted cash	`RestrickedCashMortgageImpounds`	$7.40M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.36M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.36M	shares	Point-in-time
Restricted cash	`RestrickedCashMortgageImpounds`	$7.85M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.04M	shares	Point-in-time
Other assets, net	`OtherAssets`	$3.37M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	1.04M	shares	Point-in-time
Other assets, net	`OtherAssets`	$4.49M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNet`	$4.03M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsLiabilitiesNet`	$4.11M	USD	Point-in-time
Total assets	`Assets`	$133.21M	USD	Point-in-time
Total assets	`Assets`	$137.58M	USD	Point-in-time
Total assets	`Assets`	$131.02M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$3.06M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$2.95M	USD	Point-in-time
Accounts payable and other liabilities - Hotel	`AccountsPayableAndAccruedLiabilitiesCurrentAndNonCurrentHotel`	$13.12M	USD	Point-in-time
Accounts payable and other liabilities - Hotel	`AccountsPayableAndAccruedLiabilitiesCurrentAndNonCurrentHotel`	$12.83M	USD	Point-in-time
Due to securities broker	`DueToSecuritiesBroker`	$3.01M	USD	Point-in-time
Due to securities broker	`DueToSecuritiesBroker`	$1.63M	USD	Point-in-time
Obligations for securities sold	`ObligationsForSecuritiesSold`	$3.71M	USD	Point-in-time
Obligations for securities sold	`ObligationsForSecuritiesSold`	$3.46M	USD	Point-in-time
Related party and other notes payable	`OtherNotesPayable`	$6.02M	USD	Point-in-time
Related party and other notes payable	`OtherNotesPayable`	$6.11M	USD	Point-in-time
Mortgage notes payable - Hotel	`MortgageNotesPayableHotel`	$115.33M	USD	Point-in-time
Mortgage notes payable - Hotel	`MortgageNotesPayableHotel`	$115.61M	USD	Point-in-time
Mortgage notes payable - real estate	`MortgageNotesPayableRealEstate`	$64.30M	USD	Point-in-time
Mortgage notes payable - real estate	`MortgageNotesPayableRealEstate`	$63.95M	USD	Point-in-time
Total liabilities	`Liabilities`	$208.53M	USD	Point-in-time
Total liabilities	`Liabilities`	$206.57M	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; 2,359,724 outstanding	`CommonStockValue`	$33.00K	USD	Point-in-time
Common stock, $.01 par value, 4,000,000 shares authorized; 3,395,616 issued; 2,359,724 outstanding	`CommonStockValue`	$33.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$10.41M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$10.35M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-45.71M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-45.30M	USD	Point-in-time
Treasury stock, at cost, 1,035,892 shares	`TreasuryStockValue`	$12.63M	USD	Point-in-time
Treasury stock, at cost, 1,035,892 shares	`TreasuryStockValue`	$12.63M	USD	Point-in-time
Total InterGroup shareholders' deficit	`StockholdersEquity`	$-47.90M	USD	Point-in-time
Total InterGroup shareholders' deficit	`StockholdersEquity`	$-47.55M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-27.66M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$-27.77M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-75.55M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-75.32M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$133.21M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$131.02M	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Hotel	`RevenueFromLeasedAndOwnedHotels`	$14.44M	USD	1 Quarter
Hotel	`RevenueFromLeasedAndOwnedHotels`	$14.61M	USD	1 Quarter
Real estate	`RealEstateRevenueNet`	$3.68M	USD	1 Quarter
Real estate	`RealEstateRevenueNet`	$3.65M	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$18.11M	USD	1 Quarter
Total revenues	`SalesRevenueNet`	$18.25M	USD	1 Quarter
Hotel operating expenses	`DirectCostsOfHotels`	$10.26M	USD	1 Quarter
Hotel operating expenses	`DirectCostsOfHotels`	$10.59M	USD	1 Quarter
Real estate operating expenses	`CostOfRealEstateRevenue`	$1.81M	USD	1 Quarter
Real estate operating expenses	`CostOfRealEstateRevenue`	$1.90M	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`	$831.00K	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$728.00K	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$14.03M	USD	1 Quarter
Total costs and operating expenses	`CostsAndExpenses`	$14.59M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$4.22M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$3.52M	USD	1 Quarter
Interest expense - mortgages	`InterestExpenseDebt`	$2.49M	USD	1 Quarter
Interest expense - mortgages	`InterestExpenseDebt`	$2.49M	USD	1 Quarter
Net (loss) gain on marketable securities	`MarketableSecuritiesGainLoss`	$-1.02M	USD	1 Quarter
Net (loss) gain on marketable securities	`MarketableSecuritiesGainLoss`	$1.15M	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`	$83.00K	USD	1 Quarter
Dividend and interest income	`InvestmentIncomeInterestAndDividend`	$42.00K	USD	1 Quarter
Trading and margin interest expense	`InterestExpenseOther`	$262.00K	USD	1 Quarter
Trading and margin interest expense	`InterestExpenseOther`	$313.00K	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-3.75M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-1.58M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-220.00K	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.65M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.05M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$75.00K	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$1.59M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-295.00K	USD	1 Quarter
Less: Net income attributable to the noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$404.00K	USD	1 Quarter
Less: Net income attributable to the noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$117.00K	USD	1 Quarter
Net (loss) income attributable to InterGroup	`NetIncomeLoss`	$1.19M	USD	1 Quarter
Net (loss) income attributable to InterGroup	`NetIncomeLoss`	$-412.00K	USD	1 Quarter
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.67	USD	1 Quarter
Basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.12	USD	1 Quarter
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.12	USD	1 Quarter
Diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.65	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.50	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.17	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.17	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.48	USD	1 Quarter
Weighted average number of basic common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.38M	shares	1 Quarter
Weighted average number of basic common shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	2.37M	shares	1 Quarter
Weighted average number of diluted common shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.47M	shares	1 Quarter
Weighted average number of diluted common shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.37M	shares	1 Quarter

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$1.59M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-295.00K	USD	1 Quarter
Depreciation	`Depreciation`	$1.27M	USD	1 Quarter
Depreciation	`Depreciation`	$1.24M	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$28.00K	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$28.00K	USD	1 Quarter
Net unrealized (loss) gain on marketable securities	`TradingSecuritiesUnrealizedHoldingGainLoss`	$735.00K	USD	1 Quarter
Net unrealized (loss) gain on marketable securities	`TradingSecuritiesUnrealizedHoldingGainLoss`	$-722.00K	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$1.05M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$74.00K	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`	$62.00K	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`	$-1.96M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-558.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.13M	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.19M	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$402.00K	USD	1 Quarter
Due to securities broker	`IncreaseDecreaseInDueToSecuritiesBroker`	$-1.39M	USD	1 Quarter
Due to securities broker	`IncreaseDecreaseInDueToSecuritiesBroker`	$1.54M	USD	1 Quarter
Obligations for securities sold	`IncreaseDecreaseInObligationsForSecuritiesSold`	$252.00K	USD	1 Quarter
Obligations for securities sold	`IncreaseDecreaseInObligationsForSecuritiesSold`	$-944.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.46M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-164.00K	USD	1 Quarter
Investment in hotel, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$44.00K	USD	1 Quarter
Investment in hotel, net	`PaymentsToAcquirePropertyPlantAndEquipment`	$272.00K	USD	1 Quarter
Investment in real estate, net	`PaymentsToAcquireRealEstateHeldForInvestment`	$272.00K	USD	1 Quarter
Investment in real estate, net	`PaymentsToAcquireRealEstateHeldForInvestment`	$483.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-316.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-755.00K	USD	1 Quarter
Payments of mortgage and other notes payable	`RepaymentsOfOtherDebt`	$752.00K	USD	1 Quarter
Payments of mortgage and other notes payable	`RepaymentsOfOtherDebt`	$747.00K	USD	1 Quarter
Restricted cash - (payments to) withdrawal of mortgage impounds	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$319.00K	USD	1 Quarter
Restricted cash - (payments to) withdrawal of mortgage impounds	`ProceedsFromRepaymentsOfRestrictedCashFinancingActivities`	$-449.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.20M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-428.00K	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-58.00K	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.35M	USD	1 Quarter
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`	$2.81M	USD	Point-in-time
Cash and cash equivalents at the beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.87M	USD	Point-in-time
Cash and cash equivalents at the beginning 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`	$2.81M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$2.87M	USD	Point-in-time
Cash and cash equivalents at the end of the period	`CashAndCashEquivalentsAtCarryingValue`	$5.40M	USD	Point-in-time
Interest paid	`InterestPaid`	$2.68M	USD	1 Quarter
Interest paid	`InterestPaid`	$2.61M	USD	1 Quarter

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