XML 24 R14.htm IDEA: XBRL DOCUMENT v3.10.0.1
NATURE OF BUSINESS AND ORGANIZATION (Details) - USD ($)
3 Months Ended 9 Months Ended
Oct. 11, 2018
Oct. 31, 2018
Oct. 31, 2017
Oct. 31, 2018
Oct. 31, 2017
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]          
Royalty income   $ 13,891,273 $ 10,898,615 $ 39,663,012 $ 29,889,218
Interest   82,570 26,384 146,830 40,199
Total revenues   13,973,843 10,924,999 39,809,842 29,929,417
Expenses   388,781 227,330 1,037,477 762,869
Net income   $ 13,585,062 $ 10,697,669 $ 38,772,365 $ 29,166,548
Number of units outstanding   13,120,010 13,120,010 13,120,010 13,120,010
Net income per unit (Note 2) (in dollars per unit)   $ 1.0354 $ 0.8154 $ 2.9552 $ 2.2231
Distributions declared per unit (Note 3) (in dollars per unit) $ 0.94 $ 0.9400 $ 0.6400 $ 1.6100 $ 1.3500
Restatement Adjustment | Accounting Standards Update 2014-09 [Member]          
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]          
Royalty income     $ (1,266,576)   $ 726,461
Total revenues     (1,266,576)   726,461
Net income     $ (1,266,576)   $ 726,461
Net income per unit (Note 2) (in dollars per unit)     $ (0.0965)   $ 0.0554
As Previously Reported | Accounting Standards Update 2014-09 [Member]          
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]          
Royalty income     $ 12,165,191   $ 29,162,757
Interest     26,384   40,199
Total revenues     12,191,575   29,202,956
Expenses     227,330   762,869
Net income     $ 11,964,245   $ 28,440,087
Number of units outstanding     13,120,010   13,120,010
Net income per unit (Note 2) (in dollars per unit)     $ 0.9119   $ 2.1677
Distributions declared per unit (Note 3) (in dollars per unit)     $ 0.6400   $ 1.3500