Condensed Balance Sheets (USD $)	Oct. 31, 2012	Jan. 31, 2012
Assets
Cash and cash equivalents	$ 15,001,029	$ 10,253,474
U.S. Government securities, at amortized cost (which approximates market)	239,891
Accrued income receivable	1,950,191	387,980
Prepaid expenses	108,934	53,767
Current assets	17,300,045	10,695,221
U.S. Government securities, at amortized cost (which approximates market)	403,979	473,816
Fixed property, including intangibles, at nominal values
Amended Assignment of Peters Lease	1	1
Assignment of Cloquet Lease	1	1
Certificate of beneficial interest for 13,120,010 units of land trust	1	1
TOTAL FIXED PROPERTY, including intangibles, at nominal values	3	3
Total assets	17,704,027	11,169,040
Liabilities
Distribution payable	14,825,611	9,971,208
Accrued expenses	54,920	166,321
Total liabilities	14,880,531	10,137,529
Unallocated Reserve (Note 4)	2,823,493	1,031,508
Trust Corpus	3	3
Total Liabilities, unallocated reserve and trust corpus	$ 17,704,027	$ 11,169,040