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Unaudited Consolidated Statements of Cash Flows (USD $)
3 Months Ended
Apr. 30, 2013
Apr. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES    
Consolidated Net Income $ 783,215 $ 644,822
Adjustments to Reconcile Consolidated Net Income to Net Cash Provided by Operating Activities:    
Provision for Uncollectible Receivables (11,328) (18,300)
Stock-Based Compensation 7,740 9,900
Hotel Property Depreciation 454,631 433,657
Amortization of Deferred Loan Fees 13,690 18,128
Loss on Disposal of Hotel Property 2,164  
Changes in Assets and Liabilities:    
Accounts Receivable 125,651 (284,402)
Prepaid Expenses and Other Assets 38,980 (82,572)
Accounts Payable and Accrued Expenses (853,312) (342,198)
NET CASH PROVIDED BY OPERATING ACTIVITIES 561,431 379,035
CASH FLOWS FROM INVESTING ACTIVITIES    
Change in Restricted Cash 9,188 64,229
Improvements and Additions to Hotel Properties (137,645) (273,367)
NET CASH USED IN INVESTING ACTIVITIES (128,457) (209,138)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal Payments on Mortgage Notes Payable (304,232) (1,193,225)
Payments on Notes Payable to Banks (1,005,708) (157,036)
Borrowings on Notes Payable to Banks 733,909 179,555
Purchase of Treasury Stock (22,707) (79,571)
Purchase of Partnership Units   (525)
Purchase of Subsidiary Equity (20,000)  
Proceeds from Sale of Non-Controlling Ownership Interests in Subsidiaries 15,000 1,081,410
Distributions to Non-Controlling Interest (79,388) (92,061)
Payments on Other Notes Payable (50,585) (54,960)
NET CASH USED IN FINANCING ACTIVITIES (733,711) (316,413)
NET DECRESASE IN CASH AND CASH EQUIVALENTS (300,737) (146,516)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 493,953 983,424
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 193,216 $ 836,908