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Condensed Statements of Cash Flows (USD $)
9 Months Ended
Oct. 31, 2013
Oct. 31, 2012
Cash flows from operating activities    
Royalties received $ 14,519,624 $ 25,004,610
Interest received 1,156 1,269
Expenses paid (772,259) (867,455)
Net cash provided by operating activities 13,748,521 24,138,424
Cash flows from investing activities    
Maturities of U.S. Government Securities 240,000 35,000
Sale of U.S. Government Securities 100,012  
Purchases of U.S. Government Securities (82,380) (205,054)
Net cash provided by (used for) investing activities 257,632 (170,054)
Cash flows used for financing activities    
Distributions to Unitholders (13,513,611) (19,220,815)
Net change in cash and cash equivalents 492,542 4,747,555
Cash and cash equivalents, beginning of year 6,727,461 10,253,474
Cash and cash equivalents, end of period 7,220,003 15,001,029
Reconciliation of net income to net cash provided by operating activities    
Net income 15,963,684 25,867,203
Increase in accrued income receivable (2,190,369) (1,562,211)
Increase in prepaid expenses (35,783) (55,167)
Increase in accrued expenses 10,989 (111,401)
Net cash provided by operating activities 13,748,521 24,138,424
Non Cash Financing Activity    
Distributions payable $ 6,691,205 $ 14,825,611