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Condensed Statements of Cash Flows - USD ($)
12 Months Ended
Jan. 31, 2018
Jan. 31, 2017
Jan. 31, 2016
Operating activities      
Royalties received $ 30,470,480 $ 13,702,276 $ 9,294,808
Interest received 86,616 5,541 6,939
Expenses paid (1,047,221) (1,124,467) (1,080,534)
Net cash from operating activities 29,509,875 12,583,350 8,221,213
Investing activities      
Maturities of U.S. Government securities 37,636,412 5,740,659 510,573
Purchases of U.S. Government securities (60,977,805)   (5,940,958)
Net cash from (used for) investing activities (23,341,393) 5,740,659 (5,430,385)
Financing activity      
Distributions to unitholders (19,548,815) (7,216,006) (8,921,606)
Net change in cash and cash equivalents (13,380,333) 11,108,003 (6,130,778)
Cash and cash equivalents, beginning of year 13,695,168 2,587,165 8,717,943
Cash and cash equivalents, end of period 314,835 13,695,168 2,587,165
Reconciliation of net income to net cash from operating activities      
Net income 33,495,567 9,613,112 8,558,841
Decrease (increase) in accrued income receivable (1,911,046) 933,101 (419,761)
Decrease (increase) in prepaid expense (1,032) 1,322 27
Increase (decrease) in accrued expenses 25,801 (63,600) 82,106
Increase (decrease) in deferred royalty revenue (2,099,415) 2,099,415  
Net cash from operating activities 29,509,875 12,583,350 8,221,213
Non cash financing activity      
Distributions declared and payable $ 15,481,612 $ 1,836,801 $ 656,001