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Statements of Cash Flows - USD ($)
9 Months Ended
Oct. 31, 2019
Oct. 31, 2018
Operating activities    
Royalties received $ 27,121,064 $ 34,316,372
Interest received 176,140 74,962
Expenses paid (1,695,941) (1,054,741)
Net cash from operating activities 25,601,263 33,336,593
Investing activities    
Maturities of U.S. Government securities 37,034,247 28,893,900
Sales of U.S. Government securities   99,740
Purchases of U.S. Government securities (30,473,442) (37,767,613)
Net cash from investing activities 6,560,805 (8,773,973)
Financing activity    
Distributions to unitholders (32,668,825) (24,272,019)
Net change in cash and cash equivalents (506,757) 290,601
Cash and cash equivalents, beginning of period 881,810 314,835
Cash and cash equivalents, end of period 375,053 605,436
Reconciliation of net income to net cash from operating activities    
Net income 24,972,171 38,772,365
Increase in accrued income receivable (69,219) (4,154,875)
Decrease (increase in contract asset 56,357 (1,263,633)
Increase in prepaid expense (61,816) (40,703)
Increase (decrease) in accrued expenses (234,359) 23,439
Increase in contract liability 938,129  
Net cash from operating activities 25,601,263 33,336,593
Non cash financing activity    
Distributions declared and payable $ 11,414,408 $ 12,332,809