Condensed Consolidated Balance Sheets (Current Period Unaudited) (USD $)	Jul. 31, 2014	Jan. 31, 2014
Current Assets:
Cash and Cash Equivalents	$ 393,926	$ 395,903
Restricted Cash	26,149	114,337
Accounts Receivable, including $38,793 and $55,873 from related parties and net of Allowance for Doubtful Accounts of $35,600 and $23,593, as of July 31, 2014 and January 31, 2014, respectively	319,160	644,566
Advances to Affiliates - Related Party	163,959
Prepaid Expenses and Other Current Assets	261,983	384,059
Total Current Assets	1,165,177	1,538,865
Hotel Properties, net	23,578,621	23,672,715
Property, Plant and Equipment, net	83,459	89,348
Deferred Finance Costs and Other Assets	43,940	107,575
TOTAL ASSETS	24,871,197	25,408,503
Current Liabilities:
Accounts Payable and Accrued Expenses	1,842,106	2,221,638
Current Portion of Mortgage Notes Payable	5,771,740	11,753,088
Current Portion of Notes Payable to Banks, net of Discount of $58,700 and $24,453 as of July 31, 2014 and January 31, 2014, respectively	1,174,436	1,018,925
Line of Credit - Related Party	1,315,943	331,390
Current Portion of Other Notes Payable	83,835	81,461
Total Current Liabilities	10,188,060	15,406,502
Mortgage Notes Payable	11,162,768	6,993,483
Other Notes Payable	79,908	106,106
TOTAL LIABILITIES	21,430,736	22,506,091
COMMITMENTS AND CONTINGENCIES (SEE NOTE 10)
SHAREHOLDERS' EQUITY
Shares of Beneficial Interest, without par value, unlimited authorization; 16,845,846 and 16,822,746 shares issued and 8,320,511 and 8,341,899 shares outstanding at July 31, 2014 and January 31, 2014, respectively	13,432,958	14,024,668
Treasury Stock, 8,525,335 and 8,480,847 shares held at July 31, 2014 and January 31, 2014, respectively	(12,065,097)	(11,973,459)
TOTAL TRUST SHAREHOLDERS' EQUITY	1,367,861	2,051,209
NON-CONTROLLING INTEREST	2,072,600	851,203
TOTAL EQUITY	3,440,461	2,902,412
TOTAL LIABILITIES AND EQUITY	$ 24,871,197	$ 25,408,503