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STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Jan. 31, 2012
Jan. 31, 2011
Jan. 31, 2010
OPERATING ACTIVITIES      
Royalties received $ 33,997,720 $ 31,195,990 $ 17,841,808
Interest received 5,412 17,033 17,901
Expenses paid (887,998) (854,432) (843,818)
NET CASH FROM OPERATING ACTIVITIES 33,115,134 30,358,591 17,015,891
INVESTING ACTIVITIES      
Maturities of U.S. Government securities 767,400 2,180,000 329,000
Purchases of U.S. Government securities (572,327) (998,374) (1,839,094)
NET CASH FROM (USED FOR) INVESTING ACTIVITIES 195,073 1,181,626 (1,510,094)
FINANCING ACTIVITY      
Distributions to unitholders (31,750,424) (31,291,223) (9,315,207)
NET CHANGE IN CASH AND CASH EQUIVALENTS 1,559,783 248,994 6,190,590
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 8,693,691 8,444,697 2,254,107
CASH AND CASH EQUIVALENTS, END OF YEAR 10,253,474 8,693,691 8,444,697
RECONCILIATION OF NET INCOME TO NET CASH FROM OPERATING ACTIVITIES      
Net income 33,237,332 32,463,194 12,423,662
Decrease (increase) in accrued income receivable (155,194) 641,152 1,848,040
Decrease (increase) in prepaid expense (3,560) (19,785) 1
Increase (decrease) in accrued expenses 36,556 44,030 (25,812)
(Decrease) increase in deferred royalty revenue   (2,770,000) 2,770,000
NET CASH FROM OPERATING ACTIVITIES 33,115,134 30,358,591 17,015,891
NON CASH FINANCING ACTIVITY      
Distributions declared $ 9,971,208 $ 8,528,006 $ 7,216,005