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Statements of Cash Flows - USD ($)
6 Months Ended
Jul. 31, 2020
Jul. 31, 2019
Operating activities    
Royalties received $ 4,799,327 $ 15,025,100
Interest received 37,338 137,704
Expenses paid (1,214,976) (1,315,916)
Net cash from operating activities 3,621,689 13,846,888
Investing activities    
Maturities of U.S. Government securities 26,899,691 32,122,312
Purchases of U.S. Government securities (23,708,865) (16,484,759)
Net cash from investing activities 3,190,826 15,637,553
Financing activity    
Distributions to unitholders (16,531,213) (29,913,623)
Net change in cash and cash equivalents (9,718,698) (429,182)
Cash and cash equivalents, beginning of period 10,177,655 881,810
Cash and cash equivalents, end of period 458,957 452,628
Reconciliation of net income to net cash from operating activities    
Net income 8,287,624 18,821,975
Increase in accrued income receivable (979,139) (1,481,571)
Increase in contract asset (1,059,624) (3,166,721)
Increase in prepaid expense (161,533) (116,226)
Increase (decrease) in accrued expenses 46,081 (210,569)
Decrease in contract liability (2,511,720)  
Net cash from operating activities 3,621,689 13,846,888
Non cash financing activity    
Distributions declared and payable $ 656,001 $ 2,755,202