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Condensed Balance Sheets - USD ($)
Oct. 31, 2016
Jan. 31, 2016
ASSETS    
Cash and cash equivalents $ 5,334,255 $ 2,587,165
U.S. Government securities, current, at amortized cost (which approximates market) 132,940 5,740,659
Accrued income receivable 3,056,198 978,146
Prepaid expenses 91,771 54,930
Current assets 8,615,164 9,360,900
U.S. Government securities, noncurrent, at amortized cost (which approximates market) 373,430 456,058
Assignments of leased property    
Amended assignment of Peters Lease 1 1
Assignment of Cloquet Leases 1 1
Certificate of beneficial interest for 13,120,010 units of Land Trust 1 1
Total fixed property 3 3
Total assets 8,988,597 9,816,961
LIABILITIES, UNALLOCATED RESERVE AND TRUST CORPUS    
Distribution payable 1,312,001 656,001
Accrued expenses 49,289 171,793
Total liabilities 1,361,290 827,794
Unallocated reserve 7,627,304 8,989,164
Trust Corpus 3 3
Total liabilities, unallocated reserve and trust corpus $ 8,988,597 $ 9,816,961