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Segment Reporting
3 Months Ended
Apr. 30, 2017
Segment Reporting [Abstract]  
Segment Reporting

10. SEGMENT REPORTING

 

The Trust determined that its reportable segments are the Hotel Operations & Corporate Overhead and IBC Developments segments. Reportable segments are determined based on discrete financial information reviewed by the Trust’s CODM. The Trust organizes and reviews operations based on products and services, and currently there are no operating segments that are aggregated.

 

Information relative to the Trust’s reportable segments for operations, for which there is no intersegment revenues, is as follows:

 

STATEMENT OF OPERATIONS   THREE MONTHS ENDED APRIL 30, 2017  
    Hotel Operations & Corporate Overhead     IBC Developments     Total  
Total Revenue   $ 3,907,975     $ 244,209     $ 4,152,184  
Income (Loss) From Operations     637,800       (314,667 )     323,133  

 

STATEMENT OF OPERATIONS   THREE MONTHS ENDED APRIL 30, 2016  
    Hotel Operations & Corporate Overhead     IBC Developments     Total  
Total Revenue   $ 3,420,578     $ 217,485     $ 3,638,063  
Income (Loss) From Operations     303,547       (118,591 )     184,956