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Condensed Statements of Cash Flows - USD ($)
6 Months Ended
Jul. 31, 2015
Jul. 31, 2014
Cash flows from operating activities    
Royalties received $ 3,839,431 $ 5,051,370
Interest received 4,406 4,277
Expenses paid (709,496) (929,022)
Net cash provided by operating activities 3,134,341 4,126,625
Cash flows from investing activities    
Maturities of U.S. Government Securities 82,320 105,000
Sale of U.S. Government Securities   100,056
Purchases of U.S. Government Securities (82,628) (205,447)
Net cash used for investing activities (308) (391)
Cash flows used for financing activities    
Distributions to unitholders (8,396,806) (7,478,406)
Net change in cash and cash equivalents (5,262,773) (3,352,172)
Cash and cash equivalents, beginning of year 8,717,943 7,719,963
Cash and cash equivalents, end of period 3,455,170 4,367,791
Reconciliation of net income to net cash provided by operating activities    
Net income 3,423,910 7,553,759
Increase in accrued income receivable (209,533) (3,308,148)
Increase in prepaid expense (79,358) (88,808)
Decrease in accrued expenses (678) (30,178)
Net cash provided by operating activities 3,134,341 4,126,625
Non Cash Financing Activity    
Distributions payable $ 524,800 $ 4,198,403