XML 88 R19.htm IDEA: XBRL DOCUMENT v2.4.1.9
Note 13 - Other Notes Payable
12 Months Ended
Jan. 31, 2015
Notes to Financial Statements  
Debt Disclosure [Text Block]
13.  OTHER NOTES PAYABLE
 
As of January 31, 2015, the Trust had $525,670 in promissory notes outstanding to unrelated third parties arising from the repurchase of 83,260 Class A Partnership units in privately negotiated transactions, the repurchase of 79,583 Shares of Beneficial Interest in privately negotiated transactions, and a $400,000 Promissory Demand Note.  These promissory notes bear interest at 7% per year and are due in varying monthly payments through June 2019. As of January 31, 2014, the Trust had $187,567 in secured promissory notes outstanding to unrelated third parties arising from the repurchase of 145,564 Class A Partnership units and the repurchase of 132,051 Shares of Beneficial Interest in privately negotiated transactions.