Property, Plant, and Equipment and Hotel Properties (Tables)

6 Months Ended

Jul. 31, 2019

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment

As of July 31, 2019 and January 31, 2019, hotel properties consisted of the following:

	July 31, 2019			January 31, 2019
Land	$	2,500,000		$	2,500,000
Building and improvements		10,397,393			10,334,919
Furniture, fixtures and equipment		3,986,032			3,860,574
Total hotel properties		16,883,425			16,695,493
Less accumulated depreciation		(7,722,529	)		(7,312,868	)
Hotel Properties in Service, net		9,160,896			9,382,625
Construction in progress		40,980			43,657
Hotel properties, net	$	9,201,876		$	9,426,282

As of July 31, 2019 and January 31, 2019, corporate property, plant and equipment consisted of the following:

	July 31, 2019			January 31, 2019
Land	$	7,005		$	7,005
Building and improvements		75,662			75,662
Furniture, fixtures and equipment		534,879			534,879
Total property, plant and equipment		617,546			617,546
Less accumulated depreciation		(525,296	)		(511,035	)
Property, Plant and Equipment, net	$	92,250		$	106,511