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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Oct. 31, 2016
Oct. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES    
Consolidated Net (Loss) Income $ (2,134,007) $ 766,773
Adjustments to Reconcile Consolidated Net Loss to Net Cash (Used In) Provided By Operating Activities:    
Stock-Based Compensation 84,306 44,880
Provision For (Recovery of) Uncollectible Receivables 10,178 (8,638)
Depreciation 1,672,565 1,036,642
Amortization of Intangibles 50,250
Amortization of Debt Discounts and Deferred Financing Fees 14,453 69,486
Gain on Disposal of Assets (2,351,817)
Changes in Assets and Liabilities:    
Accounts Receivable (208,106) 303,891
Prepaid Expenses and Other Assets (22,742) 48,983
Accounts Payable and Accrued Expenses (279,966) (310,542)
NET CASH USED IN OPERATING ACTIVITIES (813,069) (400,342)
CASH FLOWS FROM INVESTING ACTIVITIES    
Improvements and Additions to Hotel Properties (1,842,926) (1,317,284)
Cash Received From Sale of Hotel Property 4,712,611
Lendings on Advances to Affiliates - Related Party (283,333)
Collections on Advances to Affiliates - Related Party 1,140,000 1,236
NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES (986,259) 3,396,563
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal Payments on Mortgage Notes Payable (359,798) (507,626)
Payments on Notes Payable to Banks, net of financing costs (634,568) (2,299,648)
Borrowings on Notes Payable to Banks, net of financing costs 1,362,050 1,591,153
Payments on Line of Credit - Related Party (314,172) (2,475,321)
Borrowings on Line of Credit - Related Party 756,000 1,933,611
Payments on Notes Payable - Related Party (693,113)
Borrowings on Notes Payable - Related Party 683,230
Lendings on Note Receivable - Related Party (30,000)
Collections on Note Receivable - Related Party 5,349
Payments on Other Notes Payable (41,456) (454,215)
Borrowings on Other Notes Payable 80,000
Proceeds from Sale of Non-Controlling Ownership Interest in Subsidiary 75,000 1,799,699
Sale of Stock 1,100,000
Distributions to Non-Controlling Interest Holders (533,110) (1,026,616)
Repurchase of Treasury Stock (42,385) (76,098)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 337,678 (439,712)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (1,461,650) 2,556,509
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 1,957,687 507,686
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 496,037 $ 3,064,195