Consolidated Balance Sheets (Current Period Unaudited) (USD $)	Jul. 31, 2013	Jan. 31, 2013
Current Assets:
Cash and Cash Equivalents	$ 307,627	$ 493,953
Restricted Cash	41,955	13,783
Accounts Receivable, including $45,086 and $81,176 from related parties and net of Allowance for Doubtful Accounts of $34,049 and $34,415, as of July 31, 2013 and January 31, 2013, respectively	392,933	568,186
Prepaid Expenses and Other Current Assets	301,433	268,399
Total Current Assets	1,043,948	1,344,321
Hotel Properties, net	24,044,524	24,686,780
Property, Plant and Equipment, net	99,265	112,977
Deferred Finance Costs and Other Assets	110,503	137,884
TOTAL ASSETS	25,298,240	26,281,962
Current Liabilities:
Accounts Payable and Accrued Expenses	2,020,312	2,298,497
Current Portion of Mortgage Notes Payable	1,229,963	1,208,365
Current Portion of Notes Payable to Banks	600,000	450,000
Current Portion of Other Notes Payable	130,398	189,799
Total Current Liabilities	3,980,673	4,146,661
Mortgage Notes Payable	18,122,211	18,746,559
Other Notes Payable	130,660	162,457
TOTAL LIABILITIES	22,233,544	23,055,677
Commitments and Contingencies (See Note 10)
SHAREHOLDERS' EQUITY
Shares of Beneficial Interest, without par value, unlimited authorization; 16,822,746 and 16,804,746 shares issued and 8,371,988 and 8,375,207 shares outstanding at July 31, 2013 and January 31, 2013, respectively	14,760,660	14,940,048
Treasury Stock, 8,450,758 and 8,429,539 shares held at July 31, 2013 and January 31, 2013, respectively	(11,918,290)	(11,877,886)
TOTAL TRUST SHAREHOLDERS' EQUITY	2,842,370	3,062,162
NON-CONTROLLING INTEREST	222,326	164,123
TOTAL EQUITY	3,064,696	3,226,285
TOTAL LIABILITIES AND EQUITY	$ 25,298,240	$ 26,281,962