XML 66 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Balance Sheets - USD ($)
Jul. 31, 2019
Jan. 31, 2019
Current Assets:    
Cash and Cash Equivalents $ 615,156 $ 749,075
Short-Term Investments - Available For Sale Securities 1,486,309 1,896,556
Accounts Receivable, including approximately $68,000 and $79,000 from related parties and net of Allowance for Doubtful Accounts of approximately $3,000 as of July 31, 2019 and January 31, 2019, respectively 241,691 236,942
Advances to Affiliates - Related Party 986,361 986,361
Notes Receivable - Related Party 232,027 632,027
Current Portion of Note Receivable 229,167 229,167
Prepaid Expenses and Other Current Assets 74,846 95,553
Current Assets of Discontinued Operations 320,447
Total Current Assets 3,865,557 5,146,128
Property, Plant and Equipment, net 9,294,126 9,532,793
Note Receivable 2,520,833 2,520,833
Operating Lease - Right of Use 2,755,927
TOTAL ASSETS 18,436,443 17,199,754
Current Liabilities:    
Accounts Payable and Accrued Expenses 1,952,870 1,092,000
Current Portion of Notes Payable - Related Party 317,268 317,738
Current Portion of Mortgage Notes Payable, net of Discount 117,227 115,106
Current Portion of Notes Payable to Banks, net of Discount 9,300
Current Portion of Other Notes Payable 806,156 1,229,069
Current Portion of Operating Lease Liability 98,913
Current Liabilities of Discontinued Operations 546,803
Total Current Liabilities 3,292,434 3,310,016
Notes Payable - Related Party 8,376 166,677
Mortgage Notes Payable, net of Discount 4,649,669 4,709,586
Other Notes Payable 154,925 264,960
Operating Lease Liability 2,732,337
TOTAL LIABILITIES 10,837,741 8,451,239
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY    
Shares of Beneficial Interest, without par value, unlimited authorization; 18,877,960 and 18,859,960 shares issued and 9,318,934 and 9,366,076 shares outstanding at July 31, 2019 and January 31, 2019, respectively 22,853,729 23,738,260
Treasury Stock, 9,289,026 and 9,223,884 shares held at cost at July 31, 2019 and January 31 2019, respectively (13,627,314) (13,517,833)
TOTAL TRUST SHAREHOLDERS' EQUITY 9,226,415 10,220,427
NON-CONTROLLING INTEREST (1,627,713) (1,471,912)
TOTAL EQUITY 7,598,702 8,748,515
TOTAL LIABILITIES AND EQUITY $ 18,436,443 $ 17,199,754