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STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Jan. 31, 2016
Jan. 31, 2015
Jan. 31, 2014
OPERATING ACTIVITIES      
Royalties received $ 9,294,808 $ 25,576,105 $ 22,197,875
Interest received 6,939 8,878 2,078
Expenses paid (1,080,534) (1,313,881) (930,877)
NET CASH FROM OPERATING ACTIVITIES 8,221,213 24,271,102 21,269,076
INVESTING ACTIVITIES      
Maturities of U.S. Government securities 510,573 205,056 438,875
Purchases of U.S. Government Securities (5,940,958) (255,760) (510,633)
NET CASH (USED FOR) INVESTING ACTIVITIES (5,430,385) (50,704) (71,758)
FINANCING ACTIVITY      
Distributions to unitholders (8,921,606) (23,222,418) (20,204,816)
NET CHANGE IN CASH AND CASH EQUIVALENTS (6,130,778) 997,980 992,502
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 8,717,943 7,719,963 6,727,461
CASH AND CASH EQUIVALENTS, END OF YEAR 2,587,165 8,717,943 7,719,963
RECONCILIATION OF NET INCOME TO NET CASH FROM OPERATING ACTIVITIES      
Net income 8,558,841 24,767,848 21,056,289
Decrease (increase) in accrued income receivable (419,761) (495,132) 154,800
Decrease (increase) in prepaid expense 27 (7) 1,623
Increase (decrease) in accrued expenses 82,106 (1,607) 56,364
NET CASH FROM OPERATING ACTIVITIES 8,221,213 24,271,102 21,269,076
NON CASH FINANCING ACTIVITY      
Distributions declared and payable $ 656,001 $ 8,396,806 $ 7,478,406