Schedule III - Real Estate and Accumulated Depreciation

12 Months Ended

Jan. 31, 2014

SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]

SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Text Block]

SCHEDULE III

INNSUITES HOSPITALITY TRUST AND SUBSIDIARY

REAL ESTATE AND ACCUMULATED DEPRECIATION

AS OF JANUARY 31, 2014

			Initial Cost of Tenant				Cost Capitalized Subsequent to Acquisition				Gross Amounts at Which Carried at Close of Period
Properties	Encumbrances		Land		Building and Improvements		Land		Building and Improvements		Land		Buildings and Improvements
InnSuites Hotels and Suites Tuscon Foothills Best Western Hotel	$	1,241,111	$	-	$	4,220,820	$	-	$	2,353,546	$	-	$	6,574,366
InnSuites Hotels and Suites Yuma Best Western Hotel		5,355,051		251,649		4,983,292		53,366		2,632,306		305,015		7,615,598
InnSuites Hotels and Suites Ontario Airport Best Western Hotel		5,983,480		1,633,064		5,450,872		-		1,605,547		1,633,064		7,056,419
InnSuites Hotels and Suites Tucson St. Mary's Hotel		5,039,946		900,000		9,166,549		196,071		1,650,293		1,096,071		10,816,842
InnSuites Hotels and Suites Airport Albuquerque Best Western Hotel		1,126,983		-		1,903,970		-		269,102		-		2,173,072
InnSuites Hospitality Trust Phoenix, Arizona		-		7,005		75,662		-		-		7,005		75,662
	$	18,746,571	$	2,791,718	$	25,801,165	$	249,437	$	8,510,794	$	3,041,155	$	34,311,959

Properties	Gross Land and Building		Accumulated Depreciation		Net Book value Land and Buildings and Improvements		Date of Construction		Date of Acquisition		Depreciation in Income Statements is Computed (years)
InnSuites Hotels and Suites Tucson Foothills Best Western Hotel	$	6,574,366	$	2,785,659	$	3,788,707		1981		1998	5	-	40
InnSuites Hotels and Suites Yuma Best Western Hotel		7,920,613		3,079,448		4,841,165		1982		1998	5	-	40
InnSuites Hotels and Suites Ontario Airport Best Western Hotel		8,689,483		3,325,375		5,364,108		1990		1998	5	-	40
InnSuites Hotels and Suites Tucson St. Mary's Hotel		11,912,913		4,724,454		7,188,459		1960		1998	5	-	40
InnSuites Hotels and Suites Airport Albuquerque Best Western Hotel		2,173,072		1,044,864		1,128,208		1975		2000	5	-	40
InnSuites Hospitality Trust Phoenix, Arizona		82,667		24,590		58,077		2004		2004		33
	$	37,353,114	$	14,984,390	$	22,368,724

Reconciliation of Real Estate:

Balance at January 31, 2012	$	37,467,448
Improvement to Hotel Properties	$	447,289
Disposal of Property Improvements	$	(998,379	)
Balance at January 31, 2013	$	36,916,358
Improvement to Hotel Properties	$	566,049
Disposal of Property Improvements	$	(129,293	)
Balance at January 31, 2014	$	37,353,114