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Condensed Balance Sheets - USD ($)
Jul. 31, 2018
Jan. 31, 2018
Jul. 31, 2017
Jan. 31, 2017
ASSETS        
Cash and cash equivalents $ 196,826 $ 314,835 $ 10,797,128 $ 13,695,168
U.S. Government securities, current, at amortized cost (which approximates market) 17,901,973 23,797,451    
Accrued income receivable 8,776,515 1,956,091    
Contract asset 3,006,907 99,264    
Prepaid expenses 152,265 54,640    
Current assets 30,034,486 26,222,281    
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 30,034,489 26,222,284    
LIABILITIES, UNALLOCATED RESERVE AND TRUST CORPUS        
Distribution payable 2,886,402 15,481,612    
Accrued expenses 144,512 133,994    
Total liabilities 3,030,914 15,615,606    
Unallocated reserve 27,003,572 10,606,675    
Trust corpus 3 3    
Total liabilities, unallocated reserve and trust corpus $ 30,034,489 $ 26,222,284