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Unaudited Consolidated Statements of Cash Flows (USD $)
9 Months Ended
Oct. 31, 2012
Oct. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Consolidated Net Loss $ (823,301) $ (1,110,585)
Provision for Uncollectible Receivables (19,092) (29,027)
Stock-Based Compensation 29,700 38,880
Hotel Property Depreciation 1,307,203 1,308,764
Amortization of Deferred Loan Fees 78,297 11,698
Accounts Receivable 192,865 (10,173)
Prepaid Expenses and Other Assets (184,253) 227,905
Accounts Payable and Accrued Expenses (527,496) (539,001)
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 53,923 (101,539)
CASH FLOWS FROM INVESTING ACTIVITIES    
Payments Received on Notes Receivable from Related Parties 1,118,453  
Loans Made on Notes Receivable to Related Parties (1,425,459)  
Change in Restricted Cash 29,144 52,479
Improvements and Additions to Hotel Properties (981,126) (620,205)
NET CASH USED IN INVESTING ACTIVITIES (1,258,988) (567,726)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal Payments on Mortgage Notes Payable (6,769,025) (640,954)
Proceeds from Refinancing of Mortgage Notes Payable 5,472,715  
Payments on Notes Payable to Banks (1,560,446)  
Borrowings on Notes Payable to Banks 2,160,446 8
Purchase of Treasury Stock (161,431) (115,181)
Purchase of Partnership Units (525)  
Purchase of Subsidiary Equity (315,000)  
Proceeds from Sale of Non-Controlling Ownership Interests in Subsidiaries 1,985,338 1,921,824
Distributions to Non-Controlling Interest (324,626) (175,357)
Payments on Other Notes Payable (169,790) (141,443)
NET CASH PROVIDED BY FINANCING ACTIVITIES 317,656 848,897
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (887,409) 179,632
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 983,424 494,844
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 96,015 $ 674,476