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Condensed Consolidated Balance Sheets - USD ($)
Apr. 30, 2021
Jan. 31, 2020
Current Assets:    
Cash $ 1,558,990 $ 1,702,755
Accounts Receivable 74,939 60,557
Income Tax Receivable 695 68,661
Current Portion of Note Receivable (net) 137,500 91,667
Prepaid Expenses and Other Current Assets 225,492 168,892
Total Current Assets 1,997,616 2,092,532
Property and Equipment, net 8,064,264 8,189,850
Note Receivable (net) 1,787,500 1,833,333
Operating Lease - Right of Use 2,119,668 2,141,084
Finance Lease - Right of Use 69,372 76,309
Convertible Note Receivable 1,000,000 1,000,000
Investment in Private Company Stock, at Cost 60,000 60,000
TOTAL ASSETS 15,098,420 15,393,108
Current Liabilities:    
Accounts Payable and Accrued Expenses 1,879,682 1,853,602
Current Portion of Mortgage Notes Payable, net of Discount 170,995 168,799
Current Portion of Other Notes Payable 30,359 47,216
Current Portion of Operating Lease Liability 60,131 58,536
Current Portion of Finance Lease Liability 28,198 27,858
Total Current Liabilities 2,169,365 2,156,011
Notes Payable - Related Party 990,000 1,595,000
Mortgage Notes Payable, net of Discount 5,707,884 5,768,785
Other Notes Payable 1,130,799 1,000,877
Operating Lease Liability, net of current portion 2,295,144 2,310,745
Finance Lease Liability, net of current portion 44,940 52,118
TOTAL LIABILITIES 12,338,132 12,883,536
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY    
Shares of Beneficial Interest, without par value, unlimited authorization; 18,689,215 and 18,626,215 shares issued and 9,120,730 and 9,057,730 shares outstanding at April 30, 2021 and January 31, 2021, respectively 20,014,474 20,027,402
Treasury Stock, 9,568,485 shares held at cost at April 30, 2021 and January 31, 2021, respectively (13,936,972) (13,936,972)
TOTAL TRUST SHAREHOLDERS' EQUITY 6,077,502 6,090,430
NON-CONTROLLING INTEREST (3,317,214) (3,580,858)
TOTAL EQUITY 2,760,288 2,509,572
TOTAL LIABILITIES AND EQUITY $ 15,098,420 $ 15,393,108