Segment Reporting

6 Months Ended

Jul. 31, 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	SIX MONTHS ENDED JULY 31, 2017
	Hotel Operations & Corporate Overhead			IBC Developments			Total
Total Revenue	$	4,911,003		$	547,879		$	5,458,882
Loss From Continuing Operations		(44,458	)		(660,209	)		(704,667	)

STATEMENT OF OPERATIONS	THREE MONTHS ENDED JULY 31, 2017
	Hotel Operations & Corporate Overhead			IBC Developments			Total
Total Revenue	$	2,101,334		$	303,670		$	2,405,004
Loss From Continuing Operations		(446,161	)		(345,541	)		(791,702	)

STATEMENT OF OPERATIONS	SIX MONTHS ENDED JULY 31, 2016
	Hotel Operations & Corporate Overhead			IBC Developments			Total
Total Revenue	$	4,309,378		$	396,701		$	4,706,079
Loss From Continuing Operations		(21,523	)		(395,546	)		(417,069	)

STATEMENT OF OPERATIONS	THREE MONTHS ENDED JULY 31, 2016
	Hotel Operations & Corporate Overhead			IBC Developments			Total
Total Revenue	$	1,849,110		$	179,216		$	2,028,326
Loss From Continuing Operations		(94,609	)		(268,955	)		(363,564	)