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Balance Sheets - USD ($)
Jan. 31, 2019
Jan. 31, 2018
Jan. 31, 2017
Jan. 31, 2016
ASSETS        
Cash and cash equivalents $ 881,810 $ 314,835 $ 13,695,168 $ 2,587,165
U.S. Government securities, current, at amortized cost (which approximates market) 32,122,312 23,797,451    
Accrued income receivable 2,339,060 1,956,091    
Contract asset 56,357 99,264    
Prepaid expenses 54,472 54,640    
Current assets 35,454,011 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 35,454,014 26,222,284    
LIABILITIES, UNALLOCATED RESERVE AND TRUST CORPUS        
Distribution payable 18,236,814 15,481,612    
Accrued expenses 411,508 133,994    
Total liabilities 18,648,322 15,615,606    
Unallocated reserve 16,805,689 10,606,675    
Trust corpus 3 3    
Total liabilities, unallocated reserve and trust corpus $ 35,454,014 $ 26,222,284