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Fair Value of Financial Instruments (Tables)
12 Months Ended
Jan. 31, 2016
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Liabilities Measured on Recurring Basis

The following table presents the estimated fair values of the Trust’s debt instruments and the associated carrying value recognized in the accompanying consolidated balance sheets at January 31, 2016 and 2015:

 

    2016     2015  
    CARRYING
AMOUNT
    FAIR
VALUE
    CARRYING
AMOUNT
    FAIR
VALUE
 
Mortgage notes payable   $ 13,792,592     $ 13,909,744     $ 19,121,736     $ 19,151,309  
                                 
Notes payable to banks   $ 932,289     $ 932,289     $ 1,226,626     $ 1,226,626  
                                 
Other notes payable   $ 54,691     $ 60,963     $ 525,670     $ 432,916