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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Oct. 31, 2019
Oct. 31, 2018
Oct. 31, 2019
Oct. 31, 2018
REVENUE        
TOTAL REVENUE $ 1,497,246 $ 1,486,183 $ 5,123,661 $ 4,803,273
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 1,527,841 1,701,397 5,729,262 5,227,822
OPERATING LOSS (30,595) (215,214) (605,601) (424,549)
Interest Income 62,225 34,231 65,752 95,110
TOTAL OTHER INCOME 62,225 34,231 65,752 95,110
Interest on Mortgage Notes Payable 68,338 63,722 181,503 180,790
Interest on Notes Payable to Banks     36,643
Interest on Other Notes Payable 115,195 37,674 190,941 73,941
TOTAL INTEREST EXPENSE 183,533 101,396 372,444 291,374
CONSOLIDATED NET LOSS BEFORE INCOME TAX PROVISION AND DISCONTINUED OPERATIONS (151,903) (282,379) (912,293) (620,813)
Income Tax Provision (197,896) (407,727)
CONSOLIDATED NET LOSS FROM CONTINUING OPERATIONS (151,903) (480,275) (912,293) (1,028,540)
Discontinued Operations, Net of Non-Controlling Interest (784,304) (1,170,589)
Gain on Disposal of Discontinued Operations 13,323,418 13,323,418
CONSOLIDATED NET INCOME FROM DISCONTINUED OPERATIONS 12,539,114 12,152,829
CONSOLIDATED NET (LOSS) INCOME (151,903) 12,058,839 (912,293) 11,124,289
LESS: NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTEREST 49,202 9,159,128 93,634 9,594,620
NET (LOSS) INCOME ATTRIBUTABLE TO CONTROLLING INTERESTS $ (201,105) $ 2,899,711 $ (1,005,927) $ 1,529,669
NET LOSS PER SHARE FROM CONTINUING OPERATIONS - BASIC & DILUTED $ (0.02) $ (0.05) $ (0.10) $ (0.11)
NET INCOME PER SHARE FROM DISCONTINUED OPERATIONS - BASIC & DILUTED 1.27 1.27
NET (LOSS) INCOME PER SHARE TOTAL - BASIC & DILUTED $ (0.02) $ 1.22 $ (0.10) $ 1.16
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - BASIC & DILUTED 9,298,268 9,847,104 9,324,548 9,570,253
Room [Member]        
REVENUE        
TOTAL REVENUE $ 1,439,693 $ 1,435,454 $ 4,917,000 $ 4,582,269
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 493,030 485,089 1,520,904 1,435,117
Food and Beverage [Member]        
REVENUE        
TOTAL REVENUE 20,049 12,250 52,456 34,413
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 24,214 17,388 71,521 52,480
Management and Trademark Fees [Member]        
REVENUE        
TOTAL REVENUE 37,504 38,103 129,202 128,546
Other [Member]        
REVENUE        
TOTAL REVENUE 15,390 25,003 58,045
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 7,697 496 17,416 3,026
Telecommunications [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 290 395 3,479
General and Administrative [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 217,526 430,981 1,712,769 1,397,784
Sales and Marketing [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 112,278 122,265 386,498 440,137
Repairs and Maintenance [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 95,429 166,432 297,761 362,303
Hospitality [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 127,258 115,211 398,220 343,771
Utilities [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 115,300 58,261 308,540 274,273
Depreciation [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 269,887 209,196 764,566 623,671
Real Estate and Personal Property Taxes, Insurance and Ground Rent [Member]        
OPERATING EXPENSES        
TOTAL OPERATING EXPENSES 65,222 95,788 $ 250,672 $ 291,781
Reservation and Convention [Member]        
REVENUE        
TOTAL REVENUE $ (15,014)