XML 55 R39.htm IDEA: XBRL DOCUMENT v3.21.1
Property, Equipment, and Hotel Properties (Tables)
12 Months Ended
Jan. 31, 2021
Property, Plant and Equipment [Abstract]  
Schedule of Property, Equipment, and Hotel Properties

As of January 31, 2021 and January 31, 2020, hotel properties consisted of the following:

 

    January 31, 2021     January 31, 2020  
Land   $ 2,500,000     $ 2,500,000  
Building and improvements     10,531,947       10,495,465  
Furniture, fixtures and equipment     4,058,682       4,021,890  
Total hotel properties     17,090,629       17,017,355  
Less accumulated depreciation     (8,961,498 )     (8,155,224 )
Hotel Properties in Service, net     8,129,131       8,862,131  
Construction in progress     -       40,965  
Hotel properties, net   $ 8,129,131     $ 8,903,096  

 

As of January 31, 2021 and January 31, 2020, property and equipment consisted of the following:

 

    January 31, 2021     January 31, 2020  
Land   $ 7,005     $ 7,005  
Building and improvements     75,662       75,662  
Furniture, fixtures and equipment     166,122       160,986  
Total property, plant and equipment     248,789       243,653  
Less accumulated depreciation     (188,070 )     (163,428 )
Property, Plant and Equipment, net   $ 60,719     $ 80,225