Property, Plant, and Equipment and Hotel Properties (Tables)

12 Months Ended

Jan. 31, 2016

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment

As of January 31, 2016 and 2015, hotel properties consisted of the following:

	2016			2015
Land	$	4,438,079		$	5,534,150
Building and improvements		24,781,738			35,050,637
Furniture, fixtures and equipment		5,317,036			5,695,356
Total hotel properties		34,536,853			46,280,143
Less accumulated depreciation		(15,226,820	)		(20,466,347	)
Hotel Properties in Service, net		19,310,033			25,813,796
Construction in progress		18,000			4,650
Hotel properties, net (1)	$	19,328,033		$	25,818,446

(1) Includes $14,298,785 of hotel properties included in discontinued operations, see Note 25.

As of January 31, 2016 and 2015, property, plant and equipment consisted of the following:

	2016			2015
Land	$	7,005		$	7,005
Building and improvements		75,662			75,662
Furniture, fixtures and equipment		561,657			388,565
Total property, plant and equipment		644,324			471,232
Less accumulated depreciation		(441,590	)		(395,140	)
Property, Plant and Equipment, net	$	202,734		$	76,092