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Condensed Balance Sheets - USD ($)
Oct. 31, 2018
Jan. 31, 2018
Oct. 31, 2017
Jan. 31, 2017
ASSETS        
Cash and cash equivalents $ 605,436 $ 314,835 $ 193,606 $ 13,695,168
U.S. Government securities, current, at amortized cost (which approximates market) 32,571,424 23,797,451    
Accrued income receivable 6,110,966 1,956,091    
Contract asset 1,362,897 99,264    
Prepaid expenses 95,343 54,640    
Current assets 40,746,066 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 40,746,069 26,222,284    
LIABILITIES, UNALLOCATED RESERVE AND TRUST CORPUS        
Distribution payable 12,332,809 15,481,612    
Accrued expenses 157,433 133,994    
Total liabilities 12,490,242 15,615,606    
Unallocated reserve 28,255,824 10,606,675    
Trust corpus 3 3    
Total liabilities, unallocated reserve and trust corpus $ 40,746,069 $ 26,222,284