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Condensed Statements of Cash Flows (USD $)
6 Months Ended
Jul. 31, 2013
Jul. 31, 2012
Cash flows from operating activities    
Royalties received $ 7,343,708 $ 10,024,088
Interest received 773 700
Expenses paid (480,402) (521,347)
Net cash provided by operating activities 6,864,079 9,503,441
Cash flows from investing activities    
Maturities of U.S. Government securities 83,000 35,000
Sales of U.S. Government securities 100,012  
Purchases of U.S. Government securities (82,380) (105,085)
Net cash provided by (used for) investing activities 100,632 (70,085)
Cash flows used for financing activities    
Distributions to Unitholders (7,478,406) (10,824,009)
Net change in cash and cash equivalents (513,695) (1,390,653)
Cash and cash equivalents, beginning of year 6,727,461 10,253,474
Cash and cash equivalents, end of period 6,213,766 8,862,821
Reconciliation of net income to net cash provided by operating activities    
Net income 9,827,169 14,243,178
Increase in accrued income receivable (3,019,041) (4,728,882)
Decrease in prepaid expenses 38,852 37,838
Increase (decrease) in accrued expenses 17,099 (48,693)
Net cash provided by operating activities 6,864,079 9,503,441
Non Cash Financing Activity    
Distributions declared $ 6,035,205 $ 8,396,806