XML 19 R3.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Balance Sheets - USD ($)
Jul. 31, 2015
Jan. 31, 2015
Assets    
Cash and cash equivalents $ 3,455,170 $ 8,717,943
U.S. Government securities, at amortized cost (which approximates market) 633,699 510,573
Accrued income receivable 767,918 558,385
Prepaid expenses 134,315 54,957
Current assets 4,991,102 9,841,858
U.S. Government securities, at amortized cost (which approximates market) 132,941 255,759
Fixed property, including intangibles, at nominal values    
Amended Assignment of Peters Lease 1 1
Assignment of Cloquet Lease 1 1
Certificate of beneficial interest for 13,120,010 units of land trust 1 1
Total other assets 3 3
Total assets 5,124,046 10,097,620
Liabilities    
Distribution payable 524,800 8,396,806
Accrued expenses 89,009 89,687
Total liabilities 613,809 8,486,493
Unallocated Reserve (Note 4) 4,510,234 1,611,124
Trust Corpus 3 3
Total liabilities, unallocated reserve and trust corpus $ 5,124,046 $ 10,097,620