<SEC-DOCUMENT>0001206774-21-002636.txt : 20211021
<SEC-HEADER>0001206774-21-002636.hdr.sgml : 20211021
<ACCEPTANCE-DATETIME>20211021101123
ACCESSION NUMBER:		0001206774-21-002636
CONFORMED SUBMISSION TYPE:	10-K
PUBLIC DOCUMENT COUNT:		84
CONFORMED PERIOD OF REPORT:	20210731
FILED AS OF DATE:		20211021
DATE AS OF CHANGE:		20211021

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MAYS J W INC
		CENTRAL INDEX KEY:			0000054187
		STANDARD INDUSTRIAL CLASSIFICATION:	OPERATORS OF NONRESIDENTIAL BUILDINGS [6512]
		IRS NUMBER:				111059070
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			0731

	FILING VALUES:
		FORM TYPE:		10-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-03647
		FILM NUMBER:		211335989

	BUSINESS ADDRESS:	
		STREET 1:		9 BOND ST
		CITY:			BROOKLYN
		STATE:			NY
		ZIP:			11201-5805
		BUSINESS PHONE:		7186247400

	MAIL ADDRESS:	
		STREET 1:		9 BOND STREET
		CITY:			BROOKLYN
		STATE:			NY
		ZIP:			11201-5805
</SEC-HEADER>
<DOCUMENT>
<TYPE>10-K
<SEQUENCE>1
<FILENAME>jwmays3906498-10k.htm
<DESCRIPTION>ANNUAL REPORT
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<P align ="left"><font size=2 face="Times New Roman"><A HREF="#toc"><B>Table of Contents</B></A></FONT></P>
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   <TD width="100%" noWrap align=center><B><FONT size=4 face="Times New Roman">UNITED STATES SECURITIES AND EXCHANGE COMMISSION</FONT></B></TD></TR>
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   <TD width="100%" align=center><B><FONT size=2 face="Times New Roman">WASHINGTON, D.C. 20549</FONT></B></TD></TR></TABLE>
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   <TD STYLE="border-top: #000000 1pt solid; border-bottom: #000000 1pt solid; width: 100%; white-space: nowrap; text-align: center; padding-top: 4pt; padding-bottom: 4pt"><B><FONT size=5 face="Times New Roman">FORM 10-K</FONT></B></TD></TR></TABLE></DIV>
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   <TD STYLE="vertical-align: top; width: 1%; white-space: nowrap; text-align: left; padding-right: 10pt"><FONT size=2 face="Times New Roman">&#9746;</FONT><B><FONT size=2 face="Times New Roman"> </FONT></B></TD>
   <TD STYLE="width: 99%; text-align: left"><B><FONT size=2 face="Times New Roman">ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</FONT></B></TD></TR>
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   <TD STYLE="vertical-align: top; white-space: nowrap; text-align: left; padding-right: 10pt"></TD>
   <TD STYLE="text-align: center"><B><FONT size=2 face="Times New Roman">For the fiscal year ended July 31, 2021</FONT></B></TD></TR>
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   <TD STYLE="vertical-align: top; white-space: nowrap; text-align: left; padding-right: 10pt"></TD>
   <TD STYLE="text-align: center"><B><FONT size=2 face="Times New Roman">OR</FONT></B></TD></TR>
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   <TD STYLE="vertical-align: top; white-space: nowrap; text-align: left; padding-right: 10pt"><B><FONT size=2 face="Times New Roman">&#9744;</FONT></B></TD>
   <TD STYLE="text-align: left"><B><FONT size=2 face="Times New Roman">TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</FONT></B></TD></TR>
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   <TD COLSPAN="2" STYLE="white-space: nowrap; text-align: center"><B><FONT size=2 face="Times New Roman"><B><FONT size=2 face="Times New Roman">For the transition period from&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; to</FONT></B></FONT></B></TD></TR></TABLE>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">&nbsp;Commission file number 1-3647</FONT></B></P>
<P style="TEXT-ALIGN: center"><B><FONT size=5 face="Times New Roman">J.W. MAYS, INC.<BR></FONT></B><I><FONT size=1 face="Times New Roman">(Exact Name of Registrant as Specified in Its Charter)</FONT></I></P>
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   <TD width="50%" colSpan=2 noWrap align=center><B><FONT size=2 face="Times New Roman">New York</FONT></B></TD>
   <TD width="50%" noWrap align=center><B><FONT size=2 face="Times New Roman">11-1059070</FONT></B></TD></TR>
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   <TD width="50%" colSpan=2 noWrap align=center><I><FONT size=1 face="Times New Roman">State or Other Jurisdiction of Incorporation or Organization</FONT></I></TD>
   <TD width="50%" noWrap align=center><I><FONT size=1 face="Times New Roman">I.R.S. Employer Identification No.</FONT></I></TD></TR>
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   <TD width="50%" colSpan=2 noWrap align=center><I><FONT size=1 face="Times New Roman">&nbsp;</FONT></I></TD>
   <TD width="50%" noWrap align=center><I><FONT size=1 face="Times New Roman"></FONT></I></TD></TR>
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   <TD width="50%" colSpan=2 noWrap align=center><B><FONT size=2 face="Times New Roman">9 Bond Street, Brooklyn, New York</FONT></B></TD>
   <TD width="50%" noWrap align=center><B><FONT size=2 face="Times New Roman">11201</FONT></B></TD></TR>
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   <TD width="50%" colSpan=2 noWrap align=center><I><FONT size=1 face="Times New Roman">Address of Principal Executive Offices</FONT></I></TD>
   <TD width="50%" noWrap align=center><I><FONT size=1 face="Times New Roman">Zip Code</FONT></I></TD></TR></TABLE>
<P style="TEXT-ALIGN: center"><I><FONT size=1 face="Times New Roman">Registrant&#8217;s telephone number, including area code </FONT></I><B><FONT size=2 face="Times New Roman">718 624-7400</FONT></B></P>
<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman"><B><FONT size=2 face="Times New Roman">Securities registered pursuant to Section 12(b) of the Act:</FONT></B></FONT></B></P>
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   <TD width="40%" noWrap align=center><I><FONT size=1 face="Times New Roman">Title of each class</FONT></I></TD>
   <TD width="21%" noWrap align=center><I><FONT size=1 face="Times New Roman">Trading Symbol(s)</FONT></I></TD>
   <TD width="38%" noWrap align=center><I><FONT size=1 face="Times New Roman">Name of each exchange on which registered</FONT></I></TD></TR>
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   <TD width="40%" noWrap align=center><B><FONT size=2 face="Times New Roman">Common Stock, $1 par value</FONT></B></TD>
   <TD width="21%" noWrap align=center><B><FONT size=2 face="Times New Roman">MAYS</FONT></B></TD>
   <TD width="38%" noWrap align=center><B><FONT size=2 face="Times New Roman">NASDAQ</FONT></B></TD></TR></TABLE>

<P STYLE="text-align: center"><B><FONT size=2 face="Times New Roman">Securities registered pursuant to Section 12(g) of the Act: </FONT></B><I><FONT size=2 face="Times New Roman">None</FONT></I></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=1 face="Times New Roman">Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule&nbsp;405 of the Securities Act. Yes&nbsp;&#9744; &nbsp;No &#9746;</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=1 face="Times New Roman">Indicate by check mark if the registrant is not required to file reports pursuant to Section&nbsp;13 or 15(d) of the Act. Yes&nbsp;&#9744; &nbsp;No &#9746;</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=1 face="Times New Roman">Indicate by check mark whether the registrant (1)&nbsp;has filed all reports required to be filed by Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12&nbsp;months (or for such shorter period that the registrant was required to file such reports), and (2)&nbsp;has been subject to such filing requirements for the past 90&nbsp;days. Yes &#9746; &nbsp;No &#9744;</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=1 face="Times New Roman">Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule&nbsp;405 of Regulation&nbsp;S-T (&#167;&nbsp;232.405 of this chapter) during the preceding 12&nbsp;months (or for such shorter period that the registrant was required to submit such files). Yes &#9746; &nbsp;No &#9744;</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=1 face="Times New Roman">Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (&#167;229.405 <img src="jwmays3906498-10k1x1x1.jpg"> of this chapter) is not contained herein, and will not be contained, to the best of registrant&#8217;s knowledge, in definitive proxy or information statements incorporated by reference in Part III <img src="jwmays3906498-10k1x1x1.jpg"> of this Form 10-K or any amendment to this Form 10-K. Yes&nbsp;&#9744; &nbsp;No &#9746;</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=1 face="Times New Roman">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of &#8220;large accelerated filer,&#8221; &#8220;accelerated filer,&#8221; &#8220;smaller reporting company,&#8221; and &#8220;emerging growth company&#8221; in Rule 12b-2 of the Exchange Act.</FONT></P>
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   <TD STYLE="width: 33%; white-space: nowrap; text-align: left"><FONT size=1 face="Times New Roman">Large accelerated filer </FONT><FONT size=1 face="Times New Roman">&#9744;</FONT></TD>
   <TD STYLE="width: 34%; white-space: nowrap; text-align: left"><FONT size=1 face="Times New Roman">Accelerated filer </FONT><FONT size=1 face="Times New Roman">&#9744;</FONT></TD>
   <TD STYLE="width: 33%; white-space: nowrap; text-align: left"><FONT size=1 face="Times New Roman">Emerging growth company </FONT><FONT size=1 face="Times New Roman">&#9744;</FONT></TD></TR>
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   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=1 face="Times New Roman">Non-accelerated filer </FONT><FONT size=1 face="Times New Roman">&#9744;</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=1 face="Times New Roman">Smaller reporting company &#9746;</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD></TR></TABLE></div>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=1 face="Times New Roman">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. &#9744;</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=1 face="Times New Roman">Indicate by check mark whether the registrant is a shell company (as defined in Rule&nbsp;12b-2 of the Act). Yes&nbsp;&#9744; &nbsp;No &#9746;</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=1 face="Times New Roman">State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant&#8217;s most recently completed second fiscal quarter.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><B><FONT size=1 face="Times New Roman">Note.</FONT></B><FONT size=1 face="Times New Roman">&#8212;If a determination as to whether a particular person or entity is an affiliate cannot be made without involving unreasonable effort and expense, the aggregate market value of the common stock held by non-affiliates may be calculated on the basis of assumptions reasonable under the circumstances, provided that the assumptions are set forth in this Form.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=1 face="Times New Roman">The aggregate market value of voting stock held by non-affiliates of the registrant was approximately $10,510,864 as of January 31, 2021 based on the average of the bid and asked price of the stock reported for such date. For the purpose of the foregoing calculation, the shares of common stock held by each officer and director and by each person who owns 5% or more of the outstanding common stock have been excluded in that such persons may be deemed to be affiliates. This determination of affiliate status is not necessarily a conclusive determination for other purposes.</FONT></P>
<P style="TEXT-ALIGN: center"><B><FONT size=1 face="Times New Roman">APPLICABLE ONLY TO REGISTRANTS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PRECEDING FIVE YEARS:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=1 face="Times New Roman">Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. Yes&nbsp;&#9744; No&nbsp;&#9744;</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=1 face="Times New Roman">(APPLICABLE ONLY TO CORPORATE REGISTRANTS)</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=1 face="Times New Roman">Indicate the number of shares outstanding of each of the registrant&#8217;s classes of common stock, as of the latest practicable date.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=1 face="Times New Roman">The number of shares outstanding of the registrant&#8217;s common stock as of September 6, 2021 was 2,015,780.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=1 face="Times New Roman">DOCUMENTS INCORPORATED BY REFERENCE</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=1 face="Times New Roman">List hereunder the following documents if incorporated by reference and the Part of the Form 10-K (e.g., Part I, Part II, etc.) into which the document is incorporated: (1) Any annual report to security holders; (2) Any proxy or information statement; and (3) Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities Act of 1933. The listed documents should be clearly described for identification purposes (e.g., annual report to security holders for fiscal year ended December 24, 1980).</FONT></P>
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   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
   <TD width="3%" noWrap align=center><B><FONT size=1 face="Times New Roman">Part of Form 10-K</FONT></B></TD></TR>
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   <TD STYLE="width: 96%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 3%; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">in which the Document</FONT></B></TD></TR>
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   <TD STYLE="border-bottom: Black 1pt solid; width: 96%; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Document</FONT></B></TD>
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   <TD STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">is incorporated</FONT></B></TD></TR>
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   <TD width="96%" noWrap align=left><FONT size=1 face="Times New Roman">Annual Report to Shareholders for Fiscal Year Ended July 31, 2021</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=center><FONT size=1 face="Times New Roman">Parts I and II</FONT></TD></TR>
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   <TD width="96%" noWrap align=left><FONT size=1 face="Times New Roman">Definitive Proxy Statement for the 2021 Annual Meeting of Shareholders</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=center><FONT size=1 face="Times New Roman">Part III</FONT></TD></TR></TABLE>
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<DIV style="PAGE-BREAK-BEFORE: always"></DIV>
<P align ="left"><font size=2 face="Times New Roman"><A HREF="#toc"><B>Table of Contents</B></A></FONT></P>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">J.W. MAYS, INC.<BR></FONT></B><B><FONT size=2 face="Times New Roman">FORM 10-K FOR THE FISCAL YEAR ENDED JULY 31, 2021</FONT></B></P>
<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman"><A NAME="toc">TABLE OF CONTENTS</A></FONT></B></P>
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   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
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   <TD width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
   <TD STYLE="width: 2%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Page</FONT></B></TD></TR>
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   <TD WIDTH="2%" NOWRAP STYLE="text-align: left; vertical-align: top"><A HREF="#part1"><FONT size=2 face="Times New Roman">Part I</FONT></A></TD>
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   <TD STYLE="width: 94%; text-align: left"><A HREF="#item1"><FONT size=2 face="Times New Roman">Item 1. Business </FONT></A></TD>
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   <TD width="2%" noWrap align=right><A HREF="#item1"><FONT size=2 face="Times New Roman">1</FONT></A></TD></TR>
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   <TD STYLE="width: 94%; text-align: left"><A HREF="#item1a"><FONT size=2 face="Times New Roman">Item 1A. Risk Factors </FONT></A></TD>
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   <TD width="2%" noWrap align=right><A HREF="#item1a"><FONT size=2 face="Times New Roman">1</FONT></A></TD></TR>
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   <TD STYLE="width: 94%; text-align: left"><A HREF="#item1b"><FONT size=2 face="Times New Roman">Item 1B. Unresolved Staff Comments </FONT></A></TD>
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   <TD width="2%" noWrap align=right><A HREF="#item1b"><FONT size=2 face="Times New Roman">3</FONT></A></TD></TR>
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   <TD STYLE="width: 94%; text-align: left"><A HREF="#item2"><FONT size=2 face="Times New Roman">Item 2. Properties </FONT></A></TD>
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   <TD width="2%" noWrap align=right><A HREF="#item2"><FONT size=2 face="Times New Roman">3</FONT></A></TD></TR>
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   <TD STYLE="width: 94%; text-align: left"><A HREF="#item3"><FONT size=2 face="Times New Roman">Item 3. Legal Proceedings </FONT></A></TD>
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   <TD width="2%" noWrap align=right><A HREF="#item3"><FONT size=2 face="Times New Roman">8</FONT></A></TD></TR>
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   <TD STYLE="width: 94%; text-align: left"><A HREF="#item4"><FONT size=2 face="Times New Roman">Item 4. Mine Safety Disclosures </FONT></A></TD>
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   <TD width="2%" noWrap align=right><A HREF="#item4"><FONT size=2 face="Times New Roman">8</FONT></A></TD></TR>
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   <TD WIDTH="2%" NOWRAP STYLE="text-align: left; vertical-align: top"><A HREF="#part2"><FONT size=2 face="Times New Roman">Part II</FONT></A></TD>
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   <TD STYLE="padding-left: 32pt; width: 94%; text-align: left; text-indent: -32pt"><A HREF="#item5"><FONT size=2 face="Times New Roman">Item 5. Market for Registrant&#8217;s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities</FONT></A></TD>
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   <TD width="2%" noWrap align=right><A HREF="#item5"><FONT size=2 face="Times New Roman">9</FONT></A></TD></TR>
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   <TD STYLE="width: 94%; text-align: left"><A HREF="#item6"><FONT size=2 face="Times New Roman">Item 6. Selected Financial Data </FONT></A></TD>
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   <TD width="2%" noWrap align=right><A HREF="#item6"><FONT size=2 face="Times New Roman">9</FONT></A></TD></TR>
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   <TD STYLE="width: 94%; text-align: left"><A HREF="#item7"><FONT size=2 face="Times New Roman">Item 7. Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations</FONT></A></TD>
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   <TD width="2%" noWrap align=right><A HREF="#item7"><FONT size=2 face="Times New Roman">9</FONT></A></TD></TR>
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   <TD STYLE="width: 94%; text-align: left"><A HREF="#item7a"><FONT size=2 face="Times New Roman">Item 7A. Quantitative and Qualitative Disclosures About Market Risk </FONT></A></TD>
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   <TD width="2%" noWrap align=right><A HREF="#item7a"><FONT size=2 face="Times New Roman">9</FONT></A></TD></TR>
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   <TD STYLE="width: 94%; text-align: left"><A HREF="#item8"><FONT size=2 face="Times New Roman">Item 8. Financial Statements and Supplementary Data </FONT></A></TD>
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   <TD width="2%" noWrap align=right><A HREF="#item8"><FONT size=2 face="Times New Roman">9</FONT></A></TD></TR>
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   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 94%; text-align: left"><A HREF="#item9"><FONT size=2 face="Times New Roman">Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure </FONT></A></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="2%" noWrap align=right><A HREF="#item9"><FONT size=2 face="Times New Roman">9</FONT></A></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD WIDTH="2%" NOWRAP STYLE="text-align: left; vertical-align: top"></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 94%; text-align: left"><A HREF="#item9a"><FONT size=2 face="Times New Roman">Item 9A. Controls and Procedures </FONT></A></TD>
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   <TD width="2%" noWrap align=right><A HREF="#item9a"><FONT size=2 face="Times New Roman">10</FONT></A></TD></TR>
<TR STYLE="vertical-align: bottom">
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   <TD STYLE="width: 94%; text-align: left"><A HREF="#item9b"><FONT size=2 face="Times New Roman">Item 9B. Other Information </FONT></A></TD>
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   <TD width="2%" noWrap align=right><A HREF="#item9b"><FONT size=2 face="Times New Roman">10</FONT></A></TD></TR>
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   <TD WIDTH="2%" NOWRAP STYLE="text-align: left; vertical-align: top"><A HREF="#part3"><FONT size=2 face="Times New Roman">Part III</FONT></A></TD>
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   <TD width="1%" noWrap align=left></TD>
   <TD width="2%" noWrap align=left></TD></TR>
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   <TD STYLE="width: 94%; text-align: left"><A HREF="#item10"><FONT size=2 face="Times New Roman">Item 10. Directors, Executive Officers and Corporate Governance </FONT></A></TD>
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   <TD width="2%" noWrap align=right><A HREF="#item10"><FONT size=2 face="Times New Roman">11</FONT></A></TD></TR>
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   <TD STYLE="width: 94%; text-align: left"><A HREF="#item11"><FONT size=2 face="Times New Roman">Item 11. Compensation </FONT></A></TD>
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   <TD width="2%" noWrap align=right><A HREF="#item11"><FONT size=2 face="Times New Roman">11</FONT></A></TD></TR>
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   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 94%; text-align: left"><A HREF="#item12"><FONT size=2 face="Times New Roman">Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters </FONT></A></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="2%" noWrap align=right><A HREF="#item12"><FONT size=2 face="Times New Roman">11</FONT></A></TD></TR>
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   <TD WIDTH="2%" NOWRAP STYLE="text-align: left; vertical-align: top"></TD>
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   <TD STYLE="width: 94%; text-align: left"><A HREF="#item13"><FONT size=2 face="Times New Roman">Item 13. Certain Relationships and Related Transactions, and Director Independence </FONT></A></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="2%" noWrap align=right><A HREF="#item13"><FONT size=2 face="Times New Roman">11</FONT></A></TD></TR>
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   <TD STYLE="width: 94%; text-align: left"><A HREF="#item14"><FONT size=2 face="Times New Roman">Item 14. Principal Accounting Fees and Services </FONT></A></TD>
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   <TD width="2%" noWrap align=right><A HREF="#item14"><FONT size=2 face="Times New Roman">12</FONT></A></TD></TR>
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   <TD WIDTH="2%" NOWRAP STYLE="text-align: left; vertical-align: top"><A HREF="#part4"><FONT size=2 face="Times New Roman">Part IV</FONT></A></TD>
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   <TD STYLE="width: 94%; text-align: left"><A HREF="#item15"><FONT size=2 face="Times New Roman">Item 15. Exhibits and Financial Statement Schedules </FONT></A></TD>
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   <TD width="2%" noWrap align=right><A HREF="#item15"><FONT size=2 face="Times New Roman">12</FONT></A></TD></TR>
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   <TD STYLE="width: 94%; text-align: left"><A HREF="#signatures"><FONT size=2 face="Times New Roman">Signatures </FONT></A></TD>
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   <TD width="2%" noWrap align=right><A HREF="#signatures"><FONT size=2 face="Times New Roman">14</FONT></A></TD></TR></TABLE>
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<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman"><A NAME="part1"></A>PART I</FONT></B></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman"><A NAME="item1"></A>ITEM 1. BUSINESS.</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">J.W. Mays, Inc. (the &#8220;Company&#8221; or &#8220;Registrant&#8221;) with executive offices at Nine Bond Street, Brooklyn, New York 11201, operates a number of commercial real estate properties, which are described in Item 2 &#8220;Properties&#8221;. The Company&#8217;s business was founded in 1924 and incorporated under the laws of the State of New York on July 6, 1927.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Company has 29 employees and has a contract, expiring November 30, 2022, with a union covering rates of pay, hours of employment and other conditions of employment for approximately 21% of its employees. The Company considers that its labor relations with its employees and union are good.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">This Annual Report on Form 10-K may contain forward-looking statements which include assumptions about future market conditions, operations and financial results. These statements are based on current expectations and are subject to risks and uncertainties. They are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The Company&#8217;s actual results, performance or achievements in the future could differ significantly from the results, performance or achievements discussed or implied in such forward-looking statements herein and in prior U. S. Securities and Exchange Commission (&#8220;SEC&#8221;) filings by the Company. The Company assumes no obligation to update these forward-looking statements or to advise of changes in the assumptions on which they were based.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Factors that could cause or contribute to such differences include, but are not limited to, changes in the competitive environment of the Company, general economic and business conditions, industry trends, changes in government rules and regulations and environmental rules and regulations. Statements concerning interest rates and other financial instrument fair values and their estimated contribution to the Company&#8217;s future results of operations are based upon market information as of a specific date. This market information is often a function of significant judgment and estimation. Further, market interest rates are subject to potential significant volatility.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman"><A NAME="item1a"></A>ITEM 1A. RISK FACTORS.</FONT></B></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Risks Relating to Ownership Structure</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The controlling shareholder group may be able to vote its shares in favor of its interests that may not always coincide with the interests of shareholders not part of such group. This risk may be counter-balanced to a degree by the actions of the Board of Directors whose composition is made up of a majority of independent directors.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The controlling shareholder group includes a corporation that owns a significant percentage of the Company&#8217;s common stock and which does business with the Company, as further described in the Notes to the Consolidated Financial Statements. In theory, this could result in a conflict of interest; nevertheless, the Company and its largest shareholder have put in place some controls to reduce the effects of any perceived conflict of interest.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Certain conflicts of interest may be perceived by the relationship between the Company and its largest shareholder. Both entities have the same Chief Executive Officer, and certain management personnel work for both entities. Nevertheless, the Company&#8217;s Board of Directors (&#8220;Board&#8221;) is composed of a majority of independent directors. In 2005, in a case involving both entities, the Delaware Supreme Court in connection with an attempt to obtain books and records of the Company through a proceeding against the Company&#8217;s significant shareholder, held that the actions of the Company&#8217;s Board were proper.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">The Impact of COVID-19 on Our Results and Operations</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">In late 2019, an outbreak of COVID-19 emerged and by March 11, 2020 was declared a global pandemic by The World Health Organization. Throughout the United States and locally, governments and municipalities instituted measures in an effort to control the spread of COVID-19, including quarantines, shelter-in-place orders, school closings, travel restrictions and the closure of non-essential businesses. By the end of March 2020, the economic impacts became significant for the remainder of the year ended July 31, 2020.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">1</FONT></P>
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<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Beginning March 2020 and continuing through July 2021, we experienced an increase in late payments due to the impact of COVID-19 and the related reductions in economic activity from government mandated business disruptions and shelter -in- place orders. The effects of COVID-19 on our tenants have been reflected in our allowance for credit losses for accounts receivable. In limited circumstances, we have agreed to rent abatements and deferrals for certain tenants. We also continue to experience volatility in the valuation of our equity investments through July 31, 2021.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Looking ahead, the full impact of COVID-19 on our business is unknown and highly unpredictable. Our past results may not be indicative of our future performance and historical trends in revenues, income from operations, net income, earnings per share, cash provided by operating activities, among others, may differ materially. For example, to the extent the pandemic continues to disrupt economic activity nationally and in New York, NY, like other businesses, it could adversely affect our business operations and financial results through prolonged decreases in revenue, credit deterioration of our tenants, depressed economic activity, or declines in capital markets. In addition, many of our expenses are less variable in nature and may not correlate to changes in revenues. The extent of the impact will depend on a number of factors, including the duration and severity of the pandemic; distribution of vaccines; and the macroeconomic impact of government measures to contain the spread of the virus and related government stimulus measures.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Risks Related to Our Business</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">We are a part of the communities in which we do business. Accordingly, like other businesses in our communities, we are subject to the following risks:</FONT></P>
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   <TD vAlign=top width="99%">the continued threat of terrorism;</TD></TR>
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   <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
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   <TD style="PADDING-LEFT: 15pt; PADDING-RIGHT: 8pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
   <TD vAlign=top width="99%">economic downturns, both on a national and on local scales;</TD></TR>
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   <TD STYLE="padding-left: 15pt; padding-right: 8pt; vertical-align: top">&nbsp;</TD>
   <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
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   <TD style="PADDING-LEFT: 15pt; PADDING-RIGHT: 8pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
   <TD vAlign=top width="99%">loss of key personnel;</TD></TR>
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   <TD vAlign=top width="99%">the availability, if needed, of additional financing;</TD></TR>
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   <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
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   <TD style="PADDING-LEFT: 15pt; PADDING-RIGHT: 8pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
   <TD vAlign=top width="99%">the continued availability of insurance (in different types of policies) at reasonably acceptable rates; </TD></TR>
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   <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
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   <TD vAlign=top width="99%">the general burdens of governmental regulation, at the Local, State and Federal levels;</TD></TR>
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   <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
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   <TD vAlign=top width="99%">climate change;</TD></TR>
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   <TD vAlign=top width="99%">cyber security; and</TD></TR>
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   <TD vAlign=top width="99%">pandemics and the ongoing effects of COVID-19.</TD></TR></TABLE>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Risks Related to Real Estate Operations</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Our investment in property development may be limited by increasing costs required to &#8220;fit up&#8221; property to be leased to tenants. Also, as the cost of fitting up properties increases, we may be required to wait and forsake opportunities that would be revenue producing until such time that we obtain the necessary financing of such ventures. This risk may be mitigated by our obtaining lines of credit and other financing vehicles, although such have significant limitations on the amounts that may be borrowed at any point in time.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">We also may be subject to environmental liability as an owner or operator of properties. Many of our properties are old and when we need to fit up a property for a new tenant, we may find materials and the like that could be deemed to contain hazardous elements requiring remediation or encapsulation.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The impact of COVID-19 on demand for commercial real estate rental space has been significant. As online retail operations continued to expand nationwide during the pandemic, retailers are facing increased competition which reduces the need for the leasing of properties which is our business. Professionals working remotely during the pandemic has resulted in tenants&#8217; careful evaluation of office space needs and a decline in demand of commercial office space rentals and increasing competition. The Company emphasizes retention of tenants over a long period of time which helps in difficult economic conditions. The Company also aggressively markets available space to tenants including governmental agencies, medical and educational institutions.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">We try to lease our properties to tenants with adequate finances, but as a result of recent business downturns, even formerly financially strong tenants may be at risk. The Company mitigates risks of tenants with less than adequate finances by leasing our properties to multiple tenants where applicable in order to diversify the tenant base.</FONT></P>

<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">2</FONT></P>
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<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Risks Related to our Investments</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Excess cash and cash equivalents may be invested from time to time. We seek to earn rates of return that will help us finance our business operations. These investments may be subject to significant uncertainties and may not be successful for many reasons, including, but not limited to the following:</FONT></P>
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   <TD vAlign=top width="99%">fluctuations in interest rates;</TD></TR>
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   <TD vAlign=top width="99%">worsening of general economic and market conditions; and</TD></TR>
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   <TD vAlign=top width="99%">adverse legal, financial and regulatory developments that may affect a particular business.</TD></TR></TABLE>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Risk Factors Summary</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">These are some of the &#8220;Risk Factors&#8221; that could affect the Company&#8217;s business. The Company endeavors to take actions and do business in a way that reduces these &#8220;Risk Factors&#8221; or, at least, takes them into account when conducting its business. Nevertheless, some of these &#8220;Risk Factors&#8221; cannot be avoided so that the Company must also take actions and do business that negates the adverse effects that these may have on the Company.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman"><A NAME="item1b"></A>ITEM 1B. UNRESOLVED STAFF COMMENTS.</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">There are no unresolved comments from the staff of the U. S. Securities and Exchange Commission as of the date of this Annual Report on Form 10-K.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman"><A NAME="item2"></A>ITEM 2. PROPERTIES.</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The table below sets forth certain information as to each of the properties currently operated by the Company:</FONT></P>
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   <TD width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
   <TD width="1%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Approximate</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD></TR>
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   <TD style="WIDTH: 98%; WHITE-SPACE: nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colSpan=2><B><FONT size=1 face="Times New Roman">Location</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD style="WIDTH: 1%; WHITE-SPACE: nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center" colSpan=2><B><FONT size=1 face="Times New Roman">Square Feet</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD></TR>
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   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; padding-right: 8pt; background-color: Silver"><FONT size=2 face="Times New Roman">1.</FONT></TD>
   <TD STYLE="width: 97%; white-space: nowrap; text-align: left; background-color: Silver"><FONT size=2 face="Times New Roman">Brooklyn, New York</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></TD>
   <TD STYLE="background-color: Silver"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; padding-right: 8pt; background-color: Silver"></TD>
   <TD STYLE="width: 97%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><FONT size=2 face="Times New Roman">Fulton Street at Bond Street </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><FONT size=2 face="Times New Roman">380,000</FONT></TD>
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   <TD style="WIDTH: 1%; WHITE-SPACE: nowrap; TEXT-ALIGN: right; PADDING-RIGHT: 8pt"><FONT size=2 face="Times New Roman">2.</FONT></TD>
   <TD width="97%" noWrap align=left><FONT size=2 face="Times New Roman">Brooklyn, New York</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
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<TR vAlign=bottom>
   <TD style="WIDTH: 1%; WHITE-SPACE: nowrap; TEXT-ALIGN: left; PADDING-RIGHT: 8pt"></TD>
   <TD style="WIDTH: 97%; WHITE-SPACE: nowrap; TEXT-ALIGN: left; PADDING-LEFT: 15pt"><FONT size=2 face="Times New Roman">Jowein building at Elm Place </FONT></TD>
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   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">201,000</FONT></TD>
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<TR vAlign=bottom>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; padding-right: 8pt; background-color: Silver"><FONT size=2 face="Times New Roman">3.</FONT></TD>
   <TD STYLE="width: 97%; white-space: nowrap; text-align: left; background-color: Silver"><FONT size=2 face="Times New Roman">Jamaica, New York</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></TD>
   <TD STYLE="background-color: Silver"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; padding-right: 8pt; background-color: Silver"></TD>
   <TD STYLE="width: 97%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><FONT size=2 face="Times New Roman">Jamaica Avenue at 169th Street </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><FONT size=2 face="Times New Roman">297,000</FONT></TD>
   <TD STYLE="background-color: Silver"></TD></TR>
<TR vAlign=bottom>
   <TD style="WIDTH: 1%; WHITE-SPACE: nowrap; TEXT-ALIGN: right; PADDING-RIGHT: 8pt"><FONT size=2 face="Times New Roman">4.</FONT></TD>
   <TD width="97%" noWrap align=left><FONT size=2 face="Times New Roman">Fishkill, New York</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD noWrap align=left></TD></TR>
<TR vAlign=bottom>
   <TD style="WIDTH: 1%; WHITE-SPACE: nowrap; TEXT-ALIGN: left; PADDING-RIGHT: 8pt"></TD>
   <TD style="WIDTH: 97%; WHITE-SPACE: nowrap; TEXT-ALIGN: left; PADDING-LEFT: 15pt"><FONT size=2 face="Times New Roman">Route 9 at Interstate Highway 84 </FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">203,000</FONT></TD>
   <TD noWrap align=right></TD></TR>
<TR vAlign=bottom>
   <TD style="WIDTH: 1%; WHITE-SPACE: nowrap; TEXT-ALIGN: left; PADDING-RIGHT: 8pt"></TD>
   <TD width="97%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">(located on</FONT></TD>
   <TD noWrap align=right></TD></TR>
<TR vAlign=bottom>
   <TD style="WIDTH: 1%; WHITE-SPACE: nowrap; TEXT-ALIGN: left; PADDING-RIGHT: 8pt"></TD>
   <TD width="97%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">14.6 acres</FONT></TD>
   <TD noWrap align=right><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; padding-right: 8pt; background-color: Silver"><FONT size=2 face="Times New Roman">5.</FONT></TD>
   <TD STYLE="width: 97%; white-space: nowrap; text-align: left; background-color: Silver"><FONT size=2 face="Times New Roman">Levittown, New York</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></TD>
   <TD STYLE="background-color: Silver"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; padding-right: 8pt; background-color: Silver"></TD>
   <TD STYLE="width: 97%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><FONT size=2 face="Times New Roman">Hempstead Turnpike </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><FONT size=2 face="Times New Roman">10,000</FONT></TD>
   <TD STYLE="background-color: Silver"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; padding-right: 8pt; background-color: Silver"></TD>
   <TD STYLE="width: 97%; white-space: nowrap; text-align: left; background-color: Silver"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><FONT size=2 face="Times New Roman">(located on</FONT></TD>
   <TD STYLE="background-color: Silver"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; padding-right: 8pt; background-color: Silver"></TD>
   <TD STYLE="width: 97%; white-space: nowrap; text-align: left; background-color: Silver"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><FONT size=2 face="Times New Roman">75,800 square</FONT></TD>
   <TD STYLE="background-color: Silver"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; padding-right: 8pt; background-color: Silver"></TD>
   <TD STYLE="width: 97%; white-space: nowrap; text-align: left; background-color: Silver"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><FONT size=2 face="Times New Roman">feet of land</FONT></TD>
   <TD STYLE="background-color: Silver"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR vAlign=bottom>
   <TD style="WIDTH: 1%; WHITE-SPACE: nowrap; TEXT-ALIGN: right; PADDING-RIGHT: 8pt"><FONT size=2 face="Times New Roman">6.</FONT></TD>
   <TD width="97%" noWrap align=left><FONT size=2 face="Times New Roman">Massapequa, New York</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD noWrap align=left></TD></TR>
<TR vAlign=bottom>
   <TD style="WIDTH: 1%; WHITE-SPACE: nowrap; TEXT-ALIGN: left; PADDING-RIGHT: 8pt"></TD>
   <TD style="WIDTH: 97%; WHITE-SPACE: nowrap; TEXT-ALIGN: left; PADDING-LEFT: 15pt"><FONT size=2 face="Times New Roman">Sunrise Highway</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">133,400</FONT></TD>
   <TD noWrap align=right></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; padding-right: 8pt; background-color: Silver"><FONT size=2 face="Times New Roman">7.</FONT></TD>
   <TD STYLE="width: 97%; white-space: nowrap; text-align: left; background-color: Silver"><FONT size=2 face="Times New Roman">Circleville, Ohio</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></TD>
   <TD STYLE="background-color: Silver"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; padding-right: 8pt; background-color: Silver"></TD>
   <TD STYLE="width: 97%; white-space: nowrap; text-align: left; padding-left: 15pt; background-color: Silver"><FONT size=2 face="Times New Roman">Tarlton Road </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><FONT size=2 face="Times New Roman">193,350</FONT></TD>
   <TD STYLE="background-color: Silver"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; padding-right: 8pt; background-color: Silver"></TD>
   <TD STYLE="width: 97%; white-space: nowrap; text-align: left; background-color: Silver"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><FONT size=2 face="Times New Roman">(located on</FONT></TD>
   <TD STYLE="background-color: Silver"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; padding-right: 8pt; background-color: Silver"></TD>
   <TD STYLE="width: 97%; white-space: nowrap; text-align: left; background-color: Silver"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><FONT size=2 face="Times New Roman">11.6 acres</FONT></TD>
   <TD STYLE="background-color: Silver"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR vAlign=bottom>
   <TD style="WIDTH: 1%; WHITE-SPACE: nowrap; TEXT-ALIGN: right; PADDING-RIGHT: 8pt"><FONT size=2 face="Times New Roman">8.</FONT></TD>
   <TD width="97%" noWrap align=left><FONT size=2 face="Times New Roman">Brooklyn, New York</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD noWrap align=left></TD></TR>
<TR vAlign=bottom>
   <TD style="WIDTH: 1%; WHITE-SPACE: nowrap; TEXT-ALIGN: left; PADDING-RIGHT: 8pt"></TD>
   <TD style="WIDTH: 97%; WHITE-SPACE: nowrap; TEXT-ALIGN: left; PADDING-LEFT: 15pt"><FONT size=2 face="Times New Roman">Truck bays, passage facilities and tunnel-Schermerhorn Street </FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">17,000</FONT></TD>
   <TD noWrap align=right></TD></TR>
<TR vAlign=bottom>
   <TD style="WIDTH: 1%; WHITE-SPACE: nowrap; TEXT-ALIGN: left; PADDING-RIGHT: 8pt"></TD>
   <TD style="WIDTH: 97%; WHITE-SPACE: nowrap; TEXT-ALIGN: left; PADDING-LEFT: 15pt"><FONT size=2 face="Times New Roman">Building-Livingston Street </FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">10,500</FONT></TD>
   <TD noWrap align=right></TD></TR></TABLE>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Properties are leased under long-term leases for varying periods, the longest of which extends to 2073, and in most instances renewal options are included. Reference is made to Notes 5 and 11 to the Consolidated Financial Statements contained in the 2021 Annual Report to Shareholders, incorporated herein by reference. Properties owned and subject to mortgage are the Brooklyn Fulton Street at Bond Street and Fishkill buildings.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">3</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV>
<!-- PART 02 -->
<P align ="left"><font size=2 face="Times New Roman"><A HREF="#toc"><B>Table of Contents</B></A></FONT></P>

<TABLE style="LINE-HEIGHT: normal; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD vAlign=top width="1%" noWrap align=left><I><FONT size=2 face="Times New Roman">1. </FONT></I></TD>
   <TD STYLE="vertical-align: top; width: 99%; text-align: left"><I><FONT size=2 face="Times New Roman">Brooklyn, New York<BR>&nbsp;</FONT></I></TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap align=left><I><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></I></TD>
   <TD STYLE="width: 99%; text-align: left">
   <P style="TEXT-ALIGN: justify"><I><FONT size=2 face="Times New Roman">Fulton Street at Bond Street</FONT></I></P>
<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">90% of the property is owned by the Company and the remaining 10% of the property is leased by the Company under five separate leases. Expiration dates are as follows: 12/8/2043 (1 lease) which lease currently has one thirty-year renewal option through 12/8/2073, 4/30/31 (1 lease), and 4/30/2044 (3 leases).</FONT></P>
<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">The property is currently leased to twenty-three tenants of which eight are retail tenants, two are fast food restaurants, eleven occupy office space, one is a dental office and one is a medical office. Two tenants have leased in excess of 10% of the rentable square footage. One tenant is a department store (20.60%) and the other tenant occupies office space (15.06%).</FONT></P>
<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">In August 2020, a retail tenant who occupies 1,810 square feet at the Company&#8217;s Nine Bond Street, Brooklyn, New York building extended their lease until August 31, 2025.</FONT></P>
<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">In November 2020, the Company leased 5,300 square feet to a retail tenant. The tenant took occupancy in November 2020 and rental payments commenced in January 2021.</FONT></P>
<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">In April 2021, the Company leased 1,600 square feet to a retail tenant. Rent will commence in November 2021.</FONT></P>
<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">In July 2021, the Company leased 2,270 square feet to an office tenant. Rent will commence in September 2021. To accommodate this tenant, an existing office tenant surrendered 440 square feet.</FONT></P>
<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">It is the intention of the Company to negotiate the renewals of the expiring leases as they come due, providing the tenants maintain adequate finances.</FONT></P>

   </TD></TR></TABLE>
<BR>
<div style="padding-left: 24pt;">
<TABLE style="LINE-HEIGHT: 14pt" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD COLSPAN="3" STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Occupancy</FONT></B></TD>
   <TD width="42%" noWrap align=center></TD>
   <TD COLSPAN="7" STYLE="width: 7%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman">Lease Expiration</FONT></B></TD>
   <TD width="42%" noWrap align=center></TD>
   <TD COLSPAN="6" STYLE="width: 6%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman">Rent</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman">Year</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="42%" noWrap align=center></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman">Year</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="3%" colSpan=3 noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman">Number of</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman">Area</FONT></B></TD>
   <TD width="42%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Annual</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="3%" colSpan=3 noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman">Percentage of</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Ended</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Rate</FONT></B></TD>
   <TD width="42%" noWrap align=center></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Ended</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="3" STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman">Leases</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Sq. Ft.</FONT></B></TD>
   <TD width="42%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Rent</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="3" STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman">Gross Annual Rent</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2017</FONT></TD>
   <TD width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">75.59%</FONT></TD>
   <TD width="42%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2022</FONT></TD>
   <TD width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">9</FONT></TD>
   <TD width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">88,376</FONT></TD>
   <TD width="42%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">2,971,952</FONT></TD>
   <TD width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">14.704</FONT></TD>
   <TD width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2018</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">75.26%</FONT></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2023</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">63</FONT></TD>
   <TD width="42%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">11,000</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">.054</FONT></TD>
   <TD width="1%" noWrap align=right></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2019</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">75.65%</FONT></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2024</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">2</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1,840</FONT></TD>
   <TD width="42%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">97,035</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">.48</FONT></TD>
   <TD width="1%" noWrap align=right></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2020</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">70.07%</FONT></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2025</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">3,080</FONT></TD>
   <TD width="42%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">126,000</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">.623</FONT></TD>
   <TD width="1%" noWrap align=right></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2021</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">62.31%</FONT></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2026</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">2</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">15,261</FONT></TD>
   <TD width="42%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">687,693</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">3.402</FONT></TD>
   <TD width="1%" noWrap align=right></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2028</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">2</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">8,467</FONT></TD>
   <TD width="42%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">411,514</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">2.036</FONT></TD>
   <TD width="1%" noWrap align=right></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2030</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">3</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">87,067</FONT></TD>
   <TD width="42%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">2,393,514</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">11.842</FONT></TD>
   <TD width="1%" noWrap align=right></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2031</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">5,350</FONT></TD>
   <TD width="42%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">254,762</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1.260</FONT></TD>
   <TD width="1%" noWrap align=right></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2032</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">2</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">28,218</FONT></TD>
   <TD width="42%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">1,074,538</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">5.316</FONT></TD>
   <TD width="1%" noWrap align=right></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">23</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">237,722</FONT></TD>
   <TD width="42%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">8,028,008</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">39.717</FONT></TD>
   <TD width="1%" noWrap align=right></TD></TR></TABLE>
</div><BR>
<TABLE CELLSPACING="0" CELLPADDING="0" BORDER="0" STYLE="line-height: normal; border-collapse: collapse; width: 100%">

<TR vAlign=bottom>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; vertical-align: top"><I><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></I></TD>
   <TD STYLE="vertical-align: top; width: 99%; text-align: left">
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">The Company uses 17,810 square feet of available space.</FONT></P>
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">As of July 31, 2021 the federal tax basis is $22,559,989 with accumulated depreciation of $13,557,945 for a net carrying value of $9,002,044. The lives taken for depreciation vary between 15-40 years and the methods used are straight-line and declining balance.</FONT></P>
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">The real estate taxes for this property are $2,541,070 per year and the rate used is averaged at $11.227 per $100 of assessed valuation.</FONT></P>

   <P style="TEXT-ALIGN: justify"><I><FONT size=2 face="Times New Roman">Livingston Street</FONT></I></P>
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">The Company has a long-term lease with the City of New York and another landlord for a garage at Livingston Street opposite the Company&#8217;s Brooklyn Fulton Street at Bond Street Properties (&#8220;Properties&#8221;). The lease expires in 2043, with a renewal option to 2073. The garage includes truck bays and passage facilities through a tunnel to the Properties. The truck bays, passage facilities and tunnel, total approximately 17,000 square feet. The lease also includes a 20 x 75-foot land plot on which the Company constructed a building of six stories and basement annexed to the Properties.</FONT></P>
   </TD></TR></TABLE>

<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">4</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<!-- PART 02 -->
<DIV style="PAGE-BREAK-BEFORE: always"></DIV>
<P align ="left"><font size=2 face="Times New Roman"><A HREF="#toc"><B>Table of Contents</B></A></FONT></P>
<TABLE style="LINE-HEIGHT: normal" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" width="1%" noWrap><I><FONT size=2 face="Times New Roman">2.</FONT></I></TD>
   <TD style="WIDTH: 99%; VERTICAL-ALIGN: top; TEXT-ALIGN: left"><I><FONT size=2 face="Times New Roman">Brooklyn, New York&#8212;Jowein building at Elm Place</FONT></I></TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap><I><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></I></TD>
   <TD>&nbsp;<I><FONT size=2 face="Times New Roman"></FONT></I></TD></TR>
<TR vAlign=bottom>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" width="1%" noWrap><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD style="WIDTH: 99%; VERTICAL-ALIGN: top; TEXT-ALIGN: left">
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">The building is owned. The property is currently leased to twelve tenants of which one is a retail store, one is a fast-food restaurant, two are for warehouse space and eight leases are for office space.</FONT></P>
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">In November 2020, the Company leased 23,000 square feet to an office tenant. The cost of renovations for this tenant will be approximately $500,000 and brokerage commissions will be $979,000. Occupancy and rental payments are anticipated in late 2021.</FONT></P>
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">In November 2020, the Company leased 5,500 square feet to a retail tenant. Occupancy and rental payments began in July 2021.</FONT></P>
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">It is the intention of the Company to negotiate the renewals of the expiring leases as they come due, providing the tenants maintain adequate finances.</FONT></P></TD></TR></TABLE><BR>
<DIV style="PADDING-LEFT: 24pt">
<TABLE CELLSPACING="0" CELLPADDING="0" BORDER="0" STYLE="line-height: 14pt; border-collapse: collapse; width: 100%">

<TR vAlign=bottom>
   <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Occupancy</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD COLSPAN="7" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Lease Expiration</FONT></B><B><FONT size=1 face="Times New Roman"></FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
   <TD COLSPAN="6" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Rent</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Year</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Year</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="3" STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman">Number of</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Area</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="2" STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Annual</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="3" STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman">Percentage of</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Ended</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Rate</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Ended</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman">Leases</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Sq. Ft.</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Rent</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman">Gross Annual Rent</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">7/31/2017</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">77.53%</FONT></TD>
   <TD STYLE="width: 42%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">7/31/2022</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">3</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">16,956</FONT></TD>
   <TD STYLE="width: 42%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">431,394</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">2.134</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">7/31/2018</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">84.22%</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">7/31/2023</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">2</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">16,760</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">595,945</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">2.948</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">7/31/2019</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">85.14%</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">7/31/2025</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">1</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">23,004</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">752,698</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">3.724</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">7/31/2020</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">73.22%</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">7/31/2028</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">1</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">5,600</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">151,018</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">.747</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">7/31/2021</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">72.54%</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">7/31/2030</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">1</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">30,816</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">950,745</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">4.704</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">7/31/2031</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">1</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">5,500</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">67,550</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">.334</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">7/31/2036</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">1</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">12,105</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">43,044</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">.213</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">7/31/2037</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">1</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">17,425</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">624,179</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">3.088</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">7/31/2059</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">1</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">19,437</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">137,201</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">.679</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">12</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">147,603</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">3,753,774</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">18.571</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><U><FONT size=2 face="Times New Roman"></FONT></U></TD></TR></TABLE></DIV><BR clear=all>
<TABLE style="LINE-HEIGHT: normal" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" width="1%" noWrap><I><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></I></TD>
   <TD style="WIDTH: 99%; VERTICAL-ALIGN: top; TEXT-ALIGN: left">
   <P STYLE="text-align: justify"><FONT size=2 face="Times New Roman">As of July 31, 2021 the federal tax basis is $7,550,837 with accumulated depreciation of $4,844,409 for a net carrying value of $2,706,428. The lives taken for depreciation vary between 15-40 years and the methods used are straight-line and declining balance.</FONT></P>
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">The real estate taxes for this property are $772,959 per year and the rate used is averaged at $11.197 per $100 of assessed valuation.</FONT></P></TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD>
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman"></FONT>&nbsp;</P></TD></TR>
<TR vAlign=bottom>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" width="1%" noWrap><I><FONT size=2 face="Times New Roman">3.</FONT></I></TD>
   <TD style="WIDTH: 99%; VERTICAL-ALIGN: top; TEXT-ALIGN: left"><I><FONT size=2 face="Times New Roman">Jamaica, New York&#8212;Jamaica Avenue at 169th Street</FONT></I> </TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD><I><FONT size=2 face="Times New Roman">&nbsp;</FONT></I></TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD>

   <P STYLE="text-align: justify"><FONT size=2 face="Times New Roman">Building, improvements and land (&#8220;property&#8221;) are leased from an affiliated company, principally owned by a director of the Company (&#8220;Landlord&#8221;). The lease expires May 31, 2030. Upon lease termination, all property included in operating lease right-of-use assets and leasehold improvements will be turned over to the landlord. </FONT></P>


   <P STYLE="text-align: justify"><FONT size=2 face="Times New Roman">The property is currently leased to nine tenants: four are retail tenants and five occupy office space. In April 2020, the Company extended its lease with its landlord until May 2030. Four tenants each occupy in excess of 10% of the rentable square footage: two retail stores occupy 15.86% and 17.66%, respectively; and two office tenants occupy 14.23% and 13.50%, respectively. Approximately 23,000 square feet of the building is available for lease. There are plans to renovate vacant space for office use upon the execution of future leases to tenants, although no assurances can be made as to when or if such leases will be entered into. </FONT></P>


   <P STYLE="text-align: justify"><FONT size=2 face="Times New Roman">It is the intention of the Company to negotiate the renewals of the expiring leases as they come due, providing the tenants maintain adequate finances.</FONT></P></TD></TR></TABLE><BR>
<DIV style="PADDING-LEFT: 24pt">
<TABLE style="LINE-HEIGHT: 14pt" cellSpacing=0 cellPadding=0 width="100%" border=0>



<TR vAlign=bottom>

   <TD COLSPAN="3" STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Occupancy</FONT></B></TD>

   <TD width="42%" noWrap align=center></TD>

   <TD COLSPAN="7" STYLE="width: 7%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Lease Expiration</FONT></B><B><FONT size=1 face="Times New Roman"></FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD>

   <TD width="42%" noWrap align=center></TD>

   <TD COLSPAN="6" STYLE="width: 6%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Rent</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman">Year</FONT></B></TD>

   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>

   <TD width="1%" noWrap align=center></TD>

   <TD width="42%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>

   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman">Year</FONT></B></TD>

   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>

   <TD width="3%" colSpan=3 noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman">Number of</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD>

   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>

   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman">Area</FONT></B></TD>

   <TD width="42%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>

   <TD width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Annual</FONT></B></TD>

   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>

   <TD width="3%" colSpan=3 noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman">Percentage of</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Ended</FONT></B></TD>

   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Rate</FONT></B></TD>

   <TD width="42%" noWrap align=center></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Ended</FONT></B></TD>

   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>

   <TD COLSPAN="3" STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman">Leases</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD>

   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Sq. Ft.</FONT></B></TD>

   <TD width="42%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>

   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Rent</FONT></B></TD>

   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>

   <TD COLSPAN="3" STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman"></FONT><FONT size=1 face="Times New Roman">Gross Annual Rent</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD></TR>

<TR STYLE="vertical-align: bottom; background-color: Silver">

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2017</FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">80.50%</FONT></TD>

   <TD width="42%" noWrap align=left></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2022</FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">2</FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">64,295</FONT></TD>

   <TD width="42%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1,679,021</FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">8.306</FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>

<TR STYLE="vertical-align: bottom">

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2018</FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">79.99%</FONT></TD>

   <TD width="42%" noWrap align=left></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2023</FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">2</FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">40,109</FONT></TD>

   <TD width="42%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1,115,246</FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">5.518</FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD></TR>

<TR STYLE="vertical-align: bottom; background-color: Silver">

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2019</FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">80.50%</FONT></TD>

   <TD width="42%" noWrap align=left></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2024</FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">1</FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">28,634</FONT></TD>

   <TD width="42%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">622,115</FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">3.078</FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD></TR>

<TR STYLE="vertical-align: bottom">

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2020</FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">80.51%</FONT></TD>

   <TD width="42%" noWrap align=left></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2025</FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">1</FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">147</FONT></TD>

   <TD width="42%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">24,000</FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">.119</FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD></TR>

<TR STYLE="vertical-align: bottom; background-color: Silver">

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2021</FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">80.41%</FONT></TD>

   <TD width="42%" noWrap align=left></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2026</FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">1</FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">6,095</FONT></TD>

   <TD width="42%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">173,252</FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">.857</FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD></TR>

<TR STYLE="vertical-align: bottom">

   <TD width="1%" noWrap align=left></TD>

   <TD width="1%" noWrap align=left></TD>

   <TD width="1%" noWrap align=left></TD>

   <TD width="42%" noWrap align=left></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2029</FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">2</FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">99,544</FONT></TD>

   <TD width="42%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">1,927,566</FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">9.536</FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD></TR>

<TR STYLE="vertical-align: bottom; background-color: Silver">

   <TD width="1%" noWrap align=left></TD>

   <TD width="1%" noWrap align=left></TD>

   <TD width="1%" noWrap align=left></TD>

   <TD width="42%" noWrap align=left></TD>

   <TD width="1%" noWrap align=left></TD>

   <TD width="1%" noWrap align=left></TD>

   <TD width="1%" noWrap align=left></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">9</FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">238,824</FONT></TD>

   <TD width="42%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">5,541,200</FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">27.414</FONT></TD>

   <TD width="1%" noWrap align=right><U><FONT size=2 face="Times New Roman"></FONT></U></TD></TR></TABLE></DIV><BR clear=all>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">5</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P align ="left"><font size=2 face="Times New Roman"><A HREF="#toc"><B>Table of Contents</B></A></FONT></P>
<TABLE style="LINE-HEIGHT: normal" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" width="1%" noWrap><I><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></I></TD>
   <TD style="WIDTH: 99%; VERTICAL-ALIGN: top; TEXT-ALIGN: left">
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">Until the lease agreement terminates in 2030, the Company remains solely entitled to tax depreciation and other tax deductions relating to the buildings, improvements and maintenance of the property. As of July 31, 2021, the federal tax basis is $13,863,981 with accumulated depreciation of $9,397,487 for a net carrying value of $4,466,494. The lives taken for depreciation vary between 15-40 years and the methods used are straight-line and declining balance.</FONT></P>
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">The real estate taxes for this property are $946,314 per year and the rate used is averaged at $11.250 per $100 of assessed valuation.</FONT></P></TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD>
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman"></FONT>&nbsp;</P></TD></TR>
<TR vAlign=bottom>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" width="1%" noWrap><I><FONT size=2 face="Times New Roman">4.</FONT></I></TD>
   <TD style="WIDTH: 99%; VERTICAL-ALIGN: top; TEXT-ALIGN: left"><I><FONT size=2 face="Times New Roman">Fishkill, New York&#8212;Route 9 at Interstate Highway 84</FONT></I> </TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD><I><FONT size=2 face="Times New Roman">&nbsp;</FONT></I></TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD>

   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">The Company owns the entire property. In July 2019, the Company leased 47.000 square feet to a community college at its Fishkill, New York building, for a term of fifteen years with two five-year option periods. The tenant took occupancy in June 2020 and commenced payment of rent in September of 2020.</FONT></P>


   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">There are approximately 156,000 square feet of the building available for lease. There are plans to renovate vacant space upon the execution of future leases to tenants, although no assurances can be made as to when or if such leases will be entered into.</FONT></P></TD></TR></TABLE><BR>
<DIV style="PADDING-LEFT: 24pt">
<TABLE CELLSPACING="0" CELLPADDING="0" BORDER="0" STYLE="line-height: 14pt; width: 100%">



<TR vAlign=bottom>

   <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Occupancy</FONT></B></TD>

   <TD STYLE="white-space: nowrap; text-align: center"></TD>

   <TD COLSPAN="7" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Lease Expiration</FONT></B><B><FONT size=1 face="Times New Roman"></FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD>

   <TD STYLE="white-space: nowrap; text-align: center"></TD>

   <TD COLSPAN="6" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Rent</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Year</FONT></B></TD>

   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>

   <TD STYLE="white-space: nowrap; text-align: center"></TD>

   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>

   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Year</FONT></B></TD>

   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>

   <TD COLSPAN="3" STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT><FONT size=1 face="Times New Roman">Number of</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD>

   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>

   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Area</FONT></B></TD>

   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>

   <TD COLSPAN="2" STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Annual</FONT></B></TD>

   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>

   <TD COLSPAN="3" STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT><FONT size=1 face="Times New Roman">Percentage of</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD></TR>

<TR vAlign=bottom>

   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Ended</FONT></B></TD>

   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>

   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Rate</FONT></B></TD>

   <TD STYLE="white-space: nowrap; text-align: center"></TD>

   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Ended</FONT></B></TD>

   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>

   <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT><FONT size=1 face="Times New Roman">Leases</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD>

   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>

   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Sq. Ft.</FONT></B></TD>

   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>



   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Rent</FONT></B></TD>

   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>

   <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT><FONT size=1 face="Times New Roman">Gross Annual Rent</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD></TR>

<TR STYLE="vertical-align: bottom; background-color: Silver">

   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">7/31/2017</FONT></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">47.39%</FONT></TD>

   <TD STYLE="width: 42%; white-space: nowrap; text-align: left"></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">8/31/2035</FONT></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">1</FONT></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">47,000</FONT></TD>

   <TD STYLE="width: 42%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$&nbsp;</FONT></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">907,868</FONT></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">4.492</FONT></TD>

   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>

<TR STYLE="vertical-align: bottom">

   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">7/31/2018</FONT></TD>

   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">47.39%</FONT></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD></TR>

<TR STYLE="vertical-align: bottom; background-color: Silver">

   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">7/31/2019</FONT></TD>

   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">45.42%</FONT></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD></TR>

<TR STYLE="vertical-align: bottom">

   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">7/31/2020</FONT></TD>

   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">21.48%</FONT></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD></TR>

<TR STYLE="vertical-align: bottom; background-color: Silver">

   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">7/31/2021</FONT></TD>

   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>

   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">20.42%</FONT></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD>

   <TD STYLE="white-space: nowrap; text-align: left"></TD></TR></TABLE></DIV><BR clear=all>
<TABLE style="LINE-HEIGHT: normal" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" width="1%" noWrap><I><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></I></TD>
   <TD style="WIDTH: 99%; VERTICAL-ALIGN: top; TEXT-ALIGN: left">
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">As of July 31, 2021 the federal tax basis is $20,523,193 with accumulated depreciation of $15,122,512 for a net carrying value of $5,400,681. The lives taken for depreciation vary between 15-40 years and the methods used are straight-line and declining balance.</FONT></P>
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">The real estate taxes for this property are $143,375 per year and the rate used is averaged at $3.186 per $100 of assessed valuation.</FONT></P></TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD>
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman"></FONT>&nbsp;</P></TD></TR>
<TR vAlign=bottom>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" width="1%" noWrap><I><FONT size=2 face="Times New Roman">5.</FONT></I></TD>
   <TD style="WIDTH: 99%; VERTICAL-ALIGN: top; TEXT-ALIGN: left"><I><FONT size=2 face="Times New Roman">Levittown, New York&#8212;Hempstead Turnpike</FONT></I> </TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD><I><FONT size=2 face="Times New Roman">&nbsp;</FONT></I></TD></TR>
<TR vAlign=bottom>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" width="1%" noWrap><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD style="WIDTH: 99%; VERTICAL-ALIGN: top; TEXT-ALIGN: left">
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">The Company owns the entire property. In October 2006, the Company entered into a lease agreement with a restaurant. The restaurant constructed a new 10,000 square foot building, which opened in May 2008. In October 2016, the restaurant extended its lease for an additional five years expiring May 3, 2023. Ownership of the building reverts to the Company at the conclusion of the leasing arrangement, currently May 3, 2023.</FONT></P></TD></TR></TABLE><BR>
<DIV style="PADDING-LEFT: 24pt">
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD COLSPAN="3" STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Occupancy</FONT></B></TD>
   <TD width="42%" noWrap align=center></TD>
   <TD COLSPAN="7" STYLE="width: 7%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Lease Expiration</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="42%" noWrap align=center></TD>
   <TD COLSPAN="6" STYLE="width: 6%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Rent</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman">Year</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="42%" noWrap align=center></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman">Year</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="3%" colSpan=3 noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT><FONT size=1 face="Times New Roman">Number of</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman">Area</FONT></B></TD>
   <TD width="42%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Annual</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="3%" colSpan=3 noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT><FONT size=1 face="Times New Roman">Percentage of</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Ended</FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Rate</FONT></B></TD>
   <TD width="42%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Ended</FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD COLSPAN="3" STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman"></FONT><FONT size=1 face="Times New Roman">Leases</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Sq. Ft.</FONT></B></TD>
   <TD width="42%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Rent</FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD COLSPAN="3" STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman"></FONT><FONT size=1 face="Times New Roman">Gross Annual Rent</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2017</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">100.00%</FONT></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2023</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">&nbsp;</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">Building</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">&nbsp;</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">10,000</FONT></TD>
   <TD width="42%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">423,874</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">2.097</FONT></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2018</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">100.00%</FONT></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">Land</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">75,800</FONT></TD>
   <TD width="42%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2019</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">100.00%</FONT></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">1</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">85,800</FONT></TD>
   <TD width="42%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2020</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">100.00%</FONT></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2021</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">100.00%</FONT></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD></TR></TABLE></DIV><BR clear=all>
<TABLE style="LINE-HEIGHT: normal" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" width="1%" noWrap><I><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></I></TD>
   <TD style="WIDTH: 99%; VERTICAL-ALIGN: top; TEXT-ALIGN: left">
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">The real estate taxes for this property are $164,929 per year and the rate used is averaged at $775.888 per $100 of assessed valuation.</FONT></P></TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD>
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman"></FONT>&nbsp;</P></TD></TR>
<TR vAlign=bottom>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" width="1%" noWrap><I><FONT size=2 face="Times New Roman">6.</FONT></I></TD>
   <TD style="WIDTH: 99%; VERTICAL-ALIGN: top; TEXT-ALIGN: left"><I><FONT size=2 face="Times New Roman">Massapequa, New York&#8212;Sunrise Highway</FONT></I> </TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD><I><FONT size=2 face="Times New Roman">&nbsp;</FONT></I></TD></TR>
<TR vAlign=bottom>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" width="1%" noWrap><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD style="WIDTH: 99%; VERTICAL-ALIGN: top; TEXT-ALIGN: left">
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">The Company is the prime tenant of this leasehold. The lease expired May 14, 2009, and there was one renewal option for twenty-one years, which the Company exercised in April 2008. The leasehold is currently subleased to two tenants; one tenant occupies 113,400 square feet of the property, and the other tenant occupies 20,000 square feet of the property. The subleases expire in May 2030, with no renewal options.</FONT></P></TD></TR></TABLE>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">6</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P align ="left"><font size=2 face="Times New Roman"><A HREF="#toc"><B>Table of Contents</B></A></FONT></P>
<TABLE style="LINE-HEIGHT: normal" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" width="1%" noWrap><I><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></I></TD>
   <TD style="WIDTH: 99%; VERTICAL-ALIGN: top; TEXT-ALIGN: left">
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">The Company in August 2019 leased 20,000 square feet of space to a fast food restaurant expiring in April 2030. Rent commenced in September 2020.</FONT></P></TD></TR></TABLE><BR>
<DIV style="PADDING-LEFT: 24pt">
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD COLSPAN="3" STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Occupancy</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="42%" noWrap align=center></TD>
   <TD COLSPAN="7" STYLE="width: 7%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Lease Expiration</FONT></B><B><FONT size=1 face="Times New Roman"></FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="42%" noWrap align=center></TD>
   <TD COLSPAN="6" STYLE="width: 6%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Rent</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman">Year</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="42%" noWrap align=center></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman">Year</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="3%" colSpan=3 noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT><FONT size=1 face="Times New Roman">Number of</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman">Area</FONT></B></TD>
   <TD width="42%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Annual</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="3%" colSpan=3 noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT><FONT size=1 face="Times New Roman">Percentage of</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Ended</FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Rate</FONT></B></TD>
   <TD width="42%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Ended</FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD COLSPAN="3" STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman"></FONT><FONT size=1 face="Times New Roman">Leases</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Sq. Ft.</FONT></B></TD>
   <TD width="42%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Rent</FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD COLSPAN="3" STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman"></FONT><FONT size=1 face="Times New Roman">Gross Annual Rent</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2017</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">85.01%</FONT></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2030</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">1</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">113,400</FONT></TD>
   <TD width="42%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">765,719</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">3.788</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2018</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">90.63%</FONT></TD>
   <TD width="42%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2030</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">1</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">20,000</FONT></TD>
   <TD width="42%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">37,500</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">.186</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2019</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">85.01%</FONT></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">133,400</FONT></TD>
   <TD width="42%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">803,219</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">3.974</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2020</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">85.01%</FONT></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2021</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">93.75%</FONT></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD></TR></TABLE></DIV><BR clear=all>
<TABLE style="LINE-HEIGHT: normal" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" width="1%" noWrap><I><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></I></TD>
   <TD style="WIDTH: 99%; VERTICAL-ALIGN: top; TEXT-ALIGN: left">
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">The real estate taxes for this property are $225,476 per year and the rate used is averaged at $746.28 per $100 of assessed valuation.</FONT></P>
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">The Company does not own this property. Improvements to the property, if any, are made by tenants.</FONT></P></TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD>
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">&nbsp;</FONT></P></TD></TR>
<TR vAlign=bottom>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" width="1%" noWrap><I><FONT size=2 face="Times New Roman">7.</FONT></I></TD>
   <TD style="WIDTH: 99%; VERTICAL-ALIGN: top; TEXT-ALIGN: left"><I><FONT size=2 face="Times New Roman">Circleville, Ohio&#8212;Tarlton Road</FONT></I></TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD><I><FONT size=2 face="Times New Roman">&nbsp;</FONT></I></TD></TR>
<TR vAlign=bottom>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" width="1%" noWrap><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD style="WIDTH: 99%; VERTICAL-ALIGN: top; TEXT-ALIGN: left">
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">The Company owns the entire property. The property is currently leased to two tenants. The tenants use these premises for warehouse and distribution facilities. One tenant&#8217;s lease agreement was executed for a five-year period, with a right to cancel after three years, for 75,000 square feet to November 11, 2010 at which time the tenant occupied 30,000 square feet on a month to month basis. In October 2013, the tenant signed a lease agreement for a five-year period to occupy 48,000 square feet and in May 2015 signed a modification of lease to occupy 72,000 square feet. In August 2016, this tenant signed a further modification of lease to occupy 84,000 square feet, which in December 2020 was extended for an additional three years to expire October 31, 2024. The other tenant&#8217;s lease agreement was executed in May 2015, for a five-year period effective June 1, 2015, and allows the tenant to have permanent space of 108,000 square feet. In April 2020, the tenant further extended the lease until May 31, 2023.</FONT></P></TD></TR></TABLE><BR>
<DIV style="PADDING-LEFT: 24pt">
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD COLSPAN="3" STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Occupancy</FONT></B></TD>
   <TD width="42%" noWrap align=center></TD>
   <TD COLSPAN="7" STYLE="width: 7%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Lease Expiration</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="42%" noWrap align=center></TD>
   <TD COLSPAN="6" STYLE="width: 6%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Rent</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman">Year</FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD width="42%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman">Year</FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="3%" colSpan=3 noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman">Number of</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman">Area</FONT></B></TD>
   <TD width="42%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Annual</FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="3%" colSpan=3 noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman">Percentage of</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Ended</FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Rate</FONT></B></TD>
   <TD width="42%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Ended</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="3" STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman">Leases</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Sq. Ft.</FONT></B></TD>
   <TD width="42%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Rent</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="3" STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman">Gross Annual Rent</FONT></B> </TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2017</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">99.04%</FONT></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2023</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">1</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">108,000</FONT></TD>
   <TD width="42%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">414,931</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">2.052</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2018</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">99.04%</FONT></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2025</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">1</FONT></TD>
   <TD width="1%" noWrap align=center><U><FONT size=2 face="Times New Roman"></FONT></U></TD>
   <TD width="1%" noWrap align=center><U><FONT size=2 face="Times New Roman"></FONT></U></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">84,000</FONT></TD>
   <TD width="42%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">296,230</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">1.466</FONT></TD>
   <TD width="1%" noWrap align=center><U><FONT size=2 face="Times New Roman"></FONT></U></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2019</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">99.10%</FONT></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">2</FONT></TD>
   <TD width="1%" noWrap align=center><U><FONT size=2 face="Times New Roman"></FONT></U></TD>
   <TD width="1%" noWrap align=center><U><FONT size=2 face="Times New Roman"></FONT></U></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">192,000</FONT></TD>
   <TD width="42%" noWrap align=center><U><FONT size=2 face="Times New Roman"></FONT></U></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">711,161</FONT></TD>
   <TD width="1%" noWrap align=left><U><FONT size=2 face="Times New Roman"></FONT></U></TD>
   <TD width="1%" noWrap align=left><U><FONT size=2 face="Times New Roman"></FONT></U></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">3.518</FONT></TD>
   <TD width="1%" noWrap align=center><U><FONT size=2 face="Times New Roman"></FONT></U></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">7/31/2020</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">99.30%</FONT></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">7/31/2011</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">99.30%</FONT></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="42%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD></TR></TABLE></DIV><BR clear=all>
<TABLE style="LINE-HEIGHT: normal" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" width="1%" noWrap><I><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></I></TD>
   <TD style="WIDTH: 99%; VERTICAL-ALIGN: top; TEXT-ALIGN: left">
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">As of July 31, 2021 the federal tax basis is $4,466,746 with accumulated depreciation of $3,901,221 for a net carrying value of $565,525. The lives taken for depreciation vary between 15-40 years and the methods used are straight-line and declining balance.</FONT></P>
   <P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">The real estate taxes for this property are $38,186 per year and the rate used is averaged at $5.080 per $100 of assessed valuation.</FONT></P></TD></TR></TABLE>
<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">In the opinion of management, all of the Company&#8217;s properties are adequately covered by insurance.</FONT></P>
<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">See Note 9 to the Consolidated Financial Statements contained in the 2021 Annual Report to Shareholders, which information is incorporated herein by reference, for information concerning the tenants, the rental income from which equals 10% or more of the Company&#8217;s rental income.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">7</FONT></P>
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<P align ="left"><font size=2 face="Times New Roman"><A HREF="#toc"><B>Table of Contents</B></A></FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman"><A NAME="item3"></A>ITEM 3. LEGAL PROCEEDINGS.</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">There are various lawsuits and claims pending against the Company. It is the opinion of management that the resolution of these matters will not have a material adverse effect on the Company&#8217;s Consolidated Financial Statements.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">If the Company sells, transfers, disposes of or demolishes 25 Elm Place, Brooklyn, New York, then the Company may be liable to create a condominium unit for the loading dock. The necessity of creating the condominium unit and the cost of such condominium unit cannot be determined at this time.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman"><A NAME="item4"></A>ITEM 4. MINE SAFETY DISCLOSURES.</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">None</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">8</FONT></P>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P align ="left"><font size=2 face="Times New Roman"><A HREF="#toc"><B>Table of Contents</B></A></FONT></P>
<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman"><A NAME="part2"></A>PART II</FONT></B></P>
<TABLE style="WIDTH: 100%" cellSpacing=0 cellPadding=0 border=0>

<TR>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" width="1%" noWrap><B><FONT size=2 face="Times New Roman"><A NAME="item5"></A>ITEM 5.&nbsp; </FONT></B></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" width="99%"><B><FONT size=2 face="Times New Roman">MARKET FOR REGISTRANT&#8217;S COMMON EQUITY, RELATED STOCKHOLDER</FONT></B><B><FONT size=2 face="Times New Roman"> MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.</FONT></B></TD></TR></TABLE>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">COMMON STOCK INFORMATION</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Effective November 8, 1999, the Company&#8217;s common stock commenced trading on The Nasdaq Capital Market tier of The Nasdaq Stock Market under the Symbol: &#8220;Mays&#8221;. Such shares were previously traded on The Nasdaq National Market. Effective August 1, 2006, NASDAQ became operational as an exchange in NASDAQ-Listed Securities. It is now known as The NASDAQ Stock Market LLC.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">On September 6, 2021, the Company had approximately 800 shareholders of record.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">RECENT SALES OF UNREGISTERED SECURITIES</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">During the year ended July 31, 2021 we did not sell any unregistered securities.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">RECENT PURCHASES OF EQUITY SECURITIES</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">During the fourth quarter of the year ended July 31, 2021, we did not repurchase any of our outstanding equity securities.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman"><A NAME="item6"></A>ITEM 6. SELECTED FINANCIAL DATA.</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Not required.</FONT></P>
<TABLE style="WIDTH: 100%" cellSpacing=0 cellPadding=0 border=0>

<TR>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" width="1%" noWrap><B><FONT size=2 face="Times New Roman"><A NAME="item7"></A>ITEM 7.&nbsp; </FONT></B></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" width="99%"><B><FONT size=2 face="Times New Roman">MANAGEMENT&#8217;S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.</FONT></B></TD></TR></TABLE>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The information appearing under the heading &#8220;Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations&#8221; on pages 23-29 of the Registrant&#8217;s 2021 Annual Report to Shareholders is incorporated herein by reference.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman"><A NAME="item7a"></A>ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Not required.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman"><A NAME="item8"></A>ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Registrant&#8217;s Consolidated Financial Statements, together with the report of Prager Metis CPA&#8217;S, LLC, independent registered public accounting firm, dated October 21, 2021, appearing on pages 3 through 22 of the Registrant&#8217;s 2021 Annual Report to Shareholders is incorporated herein by reference. With the exception of the aforementioned information and the information incorporated by reference in Items 2, 6, and 7 hereof, the 2021 Annual Report to Shareholders is not to be deemed filed as part of this Form 10-K Annual Report.</FONT></P>
<TABLE style="WIDTH: 100%" cellSpacing=0 cellPadding=0 border=0>

<TR>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" width="1%" noWrap><B><FONT size=2 face="Times New Roman"><A NAME="item9"></A>ITEM 9.&nbsp; </FONT></B></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" width="99%"><B><FONT size=2 face="Times New Roman">CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE.</FONT></B></TD></TR></TABLE>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">There are no disagreements between the Company and its accountants relating to accounting or financial disclosures. The information contained in our Forms 8-K filed on October 19, 2020 is incorporated by reference.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">9</FONT></P>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P align ="left"><font size=2 face="Times New Roman"><A HREF="#toc"><B>Table of Contents</B></A></FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman"><A NAME="item9a"></A>ITEM 9A. CONTROLS AND PROCEDURES.</FONT></B></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">(A) EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES.</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Company&#8217;s management reviewed the Company&#8217;s internal controls and procedures and the effectiveness of these controls. As of July 31, 2021, the Company carried out an evaluation, under the supervision of, and with the participation of the Company&#8217;s management, including its Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of the Company&#8217;s disclosure controls and procedures pursuant to Rules 13a-14(c) and 15d-14(c) of the Securities Exchange Act of 1934. Based upon that evaluation, the Chief Executive Officer and Chief Financial Officer concluded that the Company&#8217;s disclosure controls and procedures are effective in timely alerting them to material information relating to the Company required to be included in its periodic SEC filings.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">(B) CHANGE TO INTERNAL CONTROLS OVER FINANCIAL REPORTING.</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">There was no change in the Company&#8217;s internal controls over financial reporting or in other factors during the Company&#8217;s last fiscal quarter that materially affected, or is reasonably likely to materially affect, the Company&#8217;s internal controls over financial reporting. There were no significant deficiencies or material weaknesses noted, and therefore there were no corrective actions taken.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">(C) MANAGEMENT&#8217;S ANNUAL REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING.</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Company&#8217;s management is responsible for establishing and maintaining adequate internal control over financial reporting as such term is defined in Rule 13(a)-15(f). Our internal control system has been designed to provide reasonable assurance to the Company&#8217;s management and its Board of Directors regarding the preparation and fair presentation of published financial statements. All internal control systems, no matter how well designed, have inherent limitations. Even those systems that have been determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation. The Company&#8217;s management assessed the effectiveness of our internal control over financial reporting as of July 31, 2021. In making this assessment, the Company&#8217;s management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission in Internal Control &#8211; Integrated Framework published in 2013. Based on the Company&#8217;s assessments, we believe that, as of July 31, 2021, its internal control over financial reporting is effective based on these criteria.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">This Form 10-K Annual Report does not include an attestation report of our independent registered public accounting firm regarding internal controls over financial reporting. Management&#8217;s report was not subject to attestation by our independent registered public accounting firm pursuant to the permanent exemption for smaller reporting company filers from the internal control audit requirement of Section 404(b) of the Sarbanes-Oxley Act of 2002.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman"><A NAME="item9b"></A>ITEM 9B. OTHER INFORMATION.</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><B><FONT size=2 face="Times New Roman">Reports on Form 8-K </FONT></B><FONT size=2 face="Times New Roman">- Two reports on Form 8-K were filed by the Company during the three months ended July 31, 2021.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Item reported - The Company reported its financial results for the three and nine months ended April 30, 2021. </FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Date of report filed - June 10, 2021.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Item reported - The Company reported the death of a director, Mr. Jack Schwartz. </FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Date of report filed - June 30, 2021.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">10</FONT></P>
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<!-- PART 03 -->
<DIV style="PAGE-BREAK-BEFORE: always"></DIV>
<P align=left><FONT size=2 face="Times New Roman">
<A href="#toc"><B>Table of Contents</B></A></FONT></P>
<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman"><A NAME="part3"></A>PART III</FONT></B></P>
<P style="TEXT-ALIGN: left"><B><FONT size=2 face="Times New Roman"><A NAME="item10"></A>ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE.</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The information relating to directors of the Company is contained in the Definitive Proxy Statement for the 2021 Annual Meeting of Shareholders and such information is incorporated herein by reference.</FONT></P>
<P style="TEXT-ALIGN: left"><B><FONT size=2 face="Times New Roman">Executive Officers of the Registrant</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The following information is furnished with respect to each Executive Officer of the Registrant (each of whose position is reviewed annually but each of whom has a three-year employment agreement, effective August 1, 2011 and renewed August 1, 2014, August 1, 2017 and August 1, 2020).</FONT></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD width="88%" noWrap align=center></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="3%" noWrap align=center></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="3%" noWrap align=center></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="3%" noWrap align=center><B><FONT size=1 face="Times New Roman">First Became</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD width="88%" noWrap align=center></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="3%" noWrap align=center></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="3%" noWrap align=center><B><FONT size=1 face="Times New Roman">Business Experience During</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="3%" noWrap align=center><B><FONT size=1 face="Times New Roman">Such Officer</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 88%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Name</FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
   <TD STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Age</FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
   <TD STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">the Past Five Years</FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp; </TD>
   <TD STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">or Director</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Lloyd J. Shulman </FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">79</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">President</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">November, 1978</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="88%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">Co-Chairman of the Board</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="88%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp; and President</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">June, 1995</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="88%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">Chairman of the Board</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="88%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT>and President</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">November, 1996</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="88%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">Director</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">November, 1977</FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Mark S. Greenblatt </FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">67</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">Vice President</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">August, 2000</FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="88%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">Treasurer</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">August, 2003</FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="88%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">Director</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">August, 2003</FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="88%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">Assistant Treasurer</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">November, 1987</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Ward N. Lyke, Jr. </FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">70</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">Vice President</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">February, 1984</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="88%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">Assistant Treasurer</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">August, 2003</FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">George Silva </FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">71</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">Vice President</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=left><FONT size=2 face="Times New Roman">March, 1995</FONT></TD></TR></TABLE>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">All of the above mentioned officers have been appointed as such by the directors and have been employed as Executive Officers of the Company during the past five years.</FONT></P>
<P style="TEXT-ALIGN: left"><B><FONT size=2 face="Times New Roman"><A NAME="item11"></A>ITEM 11. COMPENSATION.</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The information required by this item appears under the heading &#8220;Compensation&#8221; in the Definitive Proxy Statement for the 2021 Annual Meeting of Shareholders and such information is incorporated herein by reference.</FONT></P>
<TABLE style="LINE-HEIGHT: normal" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD vAlign=top width="1%" noWrap align=left><B><FONT size=2 face="Times New Roman"><B><FONT size=2 face="Times New Roman"><A NAME="item12"></A>ITEM 12.&nbsp;</FONT></B></FONT></B></TD>
   <TD style="TEXT-ALIGN: justify" vAlign=top width="99%" align=left><B><FONT size=2 face="Times New Roman">SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS.</FONT></B></TD></TR></TABLE>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The information required by this item appears under the headings &#8220;Security Ownership of Certain Beneficial Owners and Management&#8221; and &#8220;Information Concerning Nominees for Election as Directors&#8221; in the Definitive Proxy Statement for the 2021 Annual Meeting of Shareholders and such information is incorporated herein by reference.</FONT></P>
<TABLE style="LINE-HEIGHT: normal" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD vAlign=top width="1%" noWrap align=left><B><FONT size=2 face="Times New Roman"><B><FONT size=2 face="Times New Roman"><A NAME="item13"></A>ITEM 13.&nbsp;</FONT></B></FONT></B></TD>
   <TD style="TEXT-ALIGN: justify" vAlign=top width="99%" align=left><B><FONT size=2 face="Times New Roman">CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE.</FONT></B></TD></TR></TABLE>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The information required by this item appears under the headings &#8220;Compensation&#8221; &#8220;Certain Transactions,&#8221; and &#8220;Board Interlocks and Insider Participation&#8221; in the Definitive Proxy Statement for the 2021 Annual Meeting of Shareholders and such information is incorporated herein by reference.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">11</FONT></P>
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<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P align=left><FONT size=2 face="Times New Roman">
<A href="#toc"><B>Table of Contents</B></A></FONT></P>
<P style="TEXT-ALIGN: left"><B><FONT size=2 face="Times New Roman"><A NAME="item14"></A>ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES.</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The following table sets forth the fees paid by the Company (on a cash basis) to its independent registered public accounting firm, Prager Metis CPA&#8217;S, LLC, for the fiscal years 2021 and 2020.</FONT></P>
<DIV align=center>
<TABLE CELLSPACING="0" CELLPADDING="0" BORDER="0" STYLE="width: 70%; line-height: 14pt; border-collapse: collapse">

<TR vAlign=bottom>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="5" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Fiscal Year</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp; </TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Audit fees </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 2%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">170,000</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; text-align: left"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 2%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">165,000</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Audit related fees </FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">11,000</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">10,500</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Tax fees </FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">45,000</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">66,310</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="padding-left: 15pt; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Total Fees</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><U><FONT size=2 face="Times New Roman"></FONT></U></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">226,000</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">241,810</FONT></TD></TR></TABLE></DIV>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Audit Fees for fiscal year 2021 and fiscal year 2020 were for professional services rendered for the audits of the consolidated financial statements of the Company, interim quarterly reviews of Form 10-Q information and assistance with the review of documents filed with the U. S. Securities and Exchange Commission.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Audit related fees for fiscal year 2021 and fiscal 2020 consist of consultations concerning financial accounting and reporting standards.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Tax fees for fiscal year 2021 and fiscal year 2020 were for services related to tax compliance and preparation of federal, state and local corporate tax returns and audit of real estate tax matters.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The officers of the Company consult with, and receive the approval of, the Audit Committee before engaging accountants for any services.</FONT></P>
<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman"><A NAME="part4"></A>PART IV</FONT></B></P>
<P style="TEXT-ALIGN: left"><B><FONT size=2 face="Times New Roman"><A NAME="item15"></A>ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES.</FONT></B></P>
<TABLE style="WIDTH: 100%; LINE-HEIGHT: normal" cellSpacing=0 cellPadding=0 border=0>

<TR vAlign=bottom>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top colSpan=7><FONT size=2 face="Times New Roman">The following documents are filed as part of this report:</FONT></TD></TR>
<TR vAlign=bottom>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top colSpan=7><FONT size=2 face="Times New Roman">&nbsp;</FONT></TD></TR>
<TR vAlign=bottom>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: right" vAlign=top><FONT size=2 face="Times New Roman">1.</FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top colSpan=5><FONT size=2 face="Times New Roman">The Consolidated Financial Statements and report of Prager Metis CPA&#146;S, LLC, independent registered public accounting firm, dated October 21, 2021, set forth on pages 3 through 23 of the Company&#8217;s 2021 Annual Report to Shareholders.</FONT></TD></TR>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top colSpan=5>&nbsp;</TD></TR>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: right" vAlign=top><FONT size=2 face="Times New Roman">2.</FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top colSpan=5><FONT size=2 face="Times New Roman">See accompanying Index to the Company&#8217;s Consolidated Financial Statements and Schedules.</FONT></TD></TR>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top colSpan=5><FONT size=2 face="Times New Roman">&nbsp;</FONT></TD></TR>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: right" vAlign=top><FONT size=2 face="Times New Roman">3.</FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top colSpan=3><FONT size=2 face="Times New Roman">Exhibits:</FONT></TD>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top colSpan=3><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top><FONT size=2 face="Times New Roman">&nbsp;</FONT></TD>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify"></TD>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" vAlign=top><FONT size=2 face="Times New Roman">(2)</FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top colSpan=3><FONT size=2 face="Times New Roman">Plan of acquisition, reorganization, arrangement, liquidation or succession&#8212;not applicable.</FONT></TD></TR>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top></TD>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" vAlign=top><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top colSpan=3><FONT size=2 face="Times New Roman">&nbsp;</FONT></TD></TR>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify"></TD>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" vAlign=top><FONT size=2 face="Times New Roman">(3)</FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top colSpan=3><FONT size=2 face="Times New Roman">Articles of incorporation and by-laws:</FONT></TD></TR>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top colSpan=3>&nbsp;<FONT size=2 face="Times New Roman"></FONT></TD></TR>
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   <TD style="WIDTH: 1%; VERTICAL-ALIGN: top; TEXT-ALIGN: justify"></TD>
   <TD style="WIDTH: 1%; VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top></TD>
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   <TD style="WIDTH: 1%; VERTICAL-ALIGN: top; TEXT-ALIGN: left" vAlign=top><FONT size=2 face="Times New Roman"></FONT></TD>
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   <TD style="WIDTH: 1%; VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top><FONT size=2 face="Times New Roman">(i) </FONT></TD>
   <TD style="WIDTH: 1%; VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="WIDTH: 93%; VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top><FONT size=2 face="Times New Roman">Certificate of Incorporation and certificate of amendment.</FONT></TD></TR>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" vAlign=top><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top><FONT size=2 face="Times New Roman">&nbsp;</FONT></TD></TR>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" vAlign=top><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top><FONT size=2 face="Times New Roman">(ii) </FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top><FONT size=2 face="Times New Roman">By-laws, as amended &#8212; incorporated by reference.</FONT></TD></TR>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" vAlign=top><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top>&nbsp;<FONT size=2 face="Times New Roman"></FONT></TD></TR>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify"></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top></TD>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" vAlign=top><FONT size=2 face="Times New Roman">(4)</FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top colSpan=3><FONT size=2 face="Times New Roman">Instruments defining the rights of security holders, including indentures&#8212;see Exhibit (3) above.</FONT></TD></TR>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify"></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top></TD>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" vAlign=top><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top colSpan=3><FONT size=2 face="Times New Roman">&nbsp;</FONT></TD></TR>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify"></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify"></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify"></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" vAlign=top><FONT size=2 face="Times New Roman">(9)</FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top colSpan=3><FONT size=2 face="Times New Roman">Voting trust agreement&#8212;not applicable.</FONT></TD></TR>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify"></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify"></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify"></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" vAlign=top><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top colSpan=3><FONT size=2 face="Times New Roman">&nbsp;</FONT></TD></TR>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify"></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify"></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify"></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left" vAlign=top><FONT size=2 face="Times New Roman">(10)</FONT></TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top>&nbsp;</TD>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: justify" vAlign=top colSpan=3><FONT size=2 face="Times New Roman">Material contracts: The J.W. Mays, Inc. Retirement Plan and Trust, Summary Plan Description, effective August 1, 2015.</FONT></TD></TR>


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   <TD></TD>
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   <TD></TD>
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   <TD vAlign=top>&nbsp;</TD>
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   <TD vAlign=top><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman">(11)</FONT></FONT></TD>
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   <TD vAlign=top colSpan=3><FONT size=2 face="Times New Roman"></FONT><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman">Statement re computation of per share earnings&#8212;not applicable.</FONT></FONT></TD></TR>
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   <TD>&nbsp;</TD>
   <TD></TD>
   <TD></TD>
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   <TD vAlign=top><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman">(12)</FONT></FONT></TD>
   <TD vAlign=top></TD>
   <TD vAlign=top colSpan=3><FONT size=2 face="Times New Roman"></FONT><FONT size=2 face="Times New Roman">Statement re computation of ratios&#8212;not applicable.</FONT></TD></TR>
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   <TD>&nbsp;</TD>
   <TD></TD>
   <TD></TD>
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   <TD>&nbsp;</TD>
   <TD vAlign=top><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman">(13)</FONT></FONT></FONT></FONT></TD>
   <TD vAlign=top></TD>
   <TD vAlign=top colSpan=3><FONT size=2 face="Times New Roman"></FONT><FONT size=2 face="Times New Roman">Annual Report to security holders.</FONT></TD></TR>
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   <TD>&nbsp;</TD>
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   <TD vAlign=top><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman">(14)</FONT></FONT></FONT></FONT></TD>
   <TD vAlign=top></TD>
   <TD vAlign=top colSpan=3><FONT size=2 face="Times New Roman"></FONT><FONT size=2 face="Times New Roman">Code of ethics&#8212;not applicable.</FONT></TD></TR></TABLE>

<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">12</FONT></P>
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<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P align=left><FONT size=2 face="Times New Roman">
<A href="#toc"><B>Table of Contents</B></A></FONT></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">(18)</FONT></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">Letter re change in accounting principles&#8212;not applicable.</FONT></TD></TR>
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   <TD width="1%" noWrap align=left></TD>
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   <TD width="1%" noWrap align=left></TD>
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">&nbsp;&nbsp;</FONT></TD></TR>
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   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman">(21) </FONT></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman"></FONT></FONT></TD>
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">Subsidiaries of the registrant.</FONT></TD></TR>
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   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman"></FONT></FONT></TD>
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">&nbsp;</FONT></TD></TR>
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   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman">(22) </FONT></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman"></FONT></FONT></TD>
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">Published report re matters submitted to vote of security holders&#8212;not applicable.</FONT></TD></TR>
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   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
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   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman"></FONT></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman"></FONT></FONT></TD>
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">&nbsp;</FONT></TD></TR>
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   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman">(24) </FONT></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman"></FONT></FONT></TD>
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">Power of attorney&#8212;none.</FONT></TD></TR>
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   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman"></FONT></FONT></TD>
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">&nbsp;</FONT></TD></TR>
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   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman">(28) </FONT></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman"></FONT></FONT></TD>
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">Information from reports furnished to state insurance regulatory authorities&#8212;not applicable.</FONT></TD></TR>
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   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
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   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman"></FONT></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman"></FONT></FONT></TD>
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">&nbsp;</FONT></TD></TR>
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   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
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   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman">(31) </FONT></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman"></FONT></FONT></TD>
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">Certifications pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.</FONT></TD></TR>
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   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman"></FONT></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman"></FONT></FONT></TD>
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">&nbsp;</FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">31.1&#8212;Chief Executive Officer</FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">&nbsp;</FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">31.2&#8212;Chief Financial Officer</FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">&nbsp;</FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman">(32) </FONT></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman"></FONT></FONT></TD>
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002; 18 U.S.C. Sec. 1350.</FONT></TD></TR></TABLE>

<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">13</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P align=left><FONT size=2 face="Times New Roman">
<A href="#toc"><B>Table of Contents</B></A></FONT></P>
<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman"><A NAME="signatures"></A>SIGNATURES</FONT></B></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 15pt"><B><FONT size=2 face="Times New Roman">Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</FONT></B></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD width="40%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="WIDTH: 29%; WHITE-SPACE: nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"><FONT size=2 face="Times New Roman">J.W. MAYS, INC.</FONT></TD>
   <TD width="29%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="40%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="29%" noWrap align=left><I><FONT size=2 face="Times New Roman">(Registrant)</FONT></I></TD>
   <TD width="29%" noWrap align=left><I><FONT size=2 face="Times New Roman"></FONT></I></TD></TR>
<TR>
   <TD width="71%" colSpan=4>&nbsp;</TD>
   <TD width="29%"></TD></TR>
<TR vAlign=bottom>
   <TD width="40%" noWrap align=left><FONT size=2 face="Times New Roman">October 21, 2021</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">By:</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="WIDTH: 29%; WHITE-SPACE: nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"><FONT size=2 face="Times New Roman">LLOYD J. SHULMAN</FONT></TD>
   <TD width="29%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="40%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="29%" noWrap align=left><FONT style="FONT-VARIANT: small-caps" size=2 face="Times New Roman">Lloyd J. Shulman</FONT></TD>
   <TD width="29%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="40%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="29%" noWrap align=left><I><FONT size=2 face="Times New Roman">Chairman of the Board</FONT></I></TD>
   <TD width="29%" noWrap align=left><I><FONT size=2 face="Times New Roman"></FONT></I></TD></TR>
<TR vAlign=bottom>
   <TD width="40%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="29%" noWrap align=left><I><FONT size=2 face="Times New Roman">Principal Executive Officer</FONT></I></TD>
   <TD width="29%" noWrap align=left><I><FONT size=2 face="Times New Roman"></FONT></I></TD></TR>
<TR vAlign=bottom>
   <TD width="40%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="29%" noWrap align=left><I><FONT size=2 face="Times New Roman">President</FONT></I></TD>
   <TD width="29%" noWrap align=left><I><FONT size=2 face="Times New Roman"></FONT></I></TD></TR>
<TR vAlign=bottom>
   <TD width="40%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="29%" noWrap align=left><I><FONT size=2 face="Times New Roman">Principal Operating Officer</FONT></I></TD>
   <TD width="29%" noWrap align=left><I><FONT size=2 face="Times New Roman"></FONT></I></TD></TR>
<TR>
   <TD width="71%" colSpan=4>&nbsp;</TD>
   <TD width="29%"></TD></TR>
<TR vAlign=bottom>
   <TD width="40%" noWrap align=left><FONT size=2 face="Times New Roman">October 21, 2021</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">By:</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="WIDTH: 29%; WHITE-SPACE: nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"><FONT size=2 face="Times New Roman">MARK S. GREENBLATT</FONT></TD>
   <TD width="29%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="40%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="29%" noWrap align=left><FONT style="FONT-VARIANT: small-caps" size=2 face="Times New Roman">Mark S. Greenblatt</FONT></TD>
   <TD width="29%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="40%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="29%" noWrap align=left><I><FONT size=2 face="Times New Roman">Vice President and Treasurer</FONT></I></TD>
   <TD width="29%" noWrap align=left><I><FONT size=2 face="Times New Roman"></FONT></I></TD></TR>
<TR vAlign=bottom>
   <TD width="40%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="29%" noWrap align=left><I><FONT size=2 face="Times New Roman">Principal Financial Officer</FONT></I></TD>
   <TD width="29%" noWrap align=left><I><FONT size=2 face="Times New Roman"></FONT></I></TD></TR>
<TR>
   <TD width="71%" colSpan=4>&nbsp;</TD>
   <TD width="29%"></TD></TR>
<TR vAlign=bottom>
   <TD width="40%" noWrap align=left><FONT size=2 face="Times New Roman">October 21, 2021</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">By:</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="WIDTH: 29%; WHITE-SPACE: nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"><FONT size=2 face="Times New Roman">WARD N. LYKE, JR.</FONT></TD>
   <TD width="29%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD></TR>
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   <TD width="40%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="29%" noWrap align=left><FONT style="FONT-VARIANT: small-caps" size=2 face="Times New Roman">Ward N. Lyke, Jr.</FONT></TD>
   <TD width="29%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="40%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="29%" noWrap align=left><I><FONT size=2 face="Times New Roman">Vice President</FONT></I></TD>
   <TD width="29%" noWrap align=left><I><FONT size=2 face="Times New Roman"></FONT></I></TD></TR>
<TR vAlign=bottom>
   <TD width="40%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="29%" noWrap align=left><I><FONT size=2 face="Times New Roman">and Assistant Treasurer</FONT></I></TD>
   <TD width="29%" noWrap align=left><I><FONT size=2 face="Times New Roman"></FONT></I></TD></TR></TABLE>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 15pt"><B><FONT size=2 face="Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant in the capacities and on the date indicated.</FONT></B></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD style="WIDTH: 40%; WHITE-SPACE: nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center"><B><FONT size=1 face="Times New Roman">Signature</FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="WIDTH: 40%; WHITE-SPACE: nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center"><B><FONT size=1 face="Times New Roman">Title</FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="WIDTH: 18%; WHITE-SPACE: nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center"><B><FONT size=1 face="Times New Roman">Date</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="white-space: nowrap; text-align: left">&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: left">&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: left">&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: left">&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD></TR>
<TR vAlign=bottom>
   <TD style="WIDTH: 40%; WHITE-SPACE: nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"><FONT size=2 face="Times New Roman">LLOYD J. SHULMAN</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="40%" noWrap align=left><I><FONT size=2 face="Times New Roman">Chairman of the Board, Chief Executive</FONT></I></TD>
   <TD width="1%" noWrap align=left><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD width="18%" noWrap align=center><FONT size=2 face="Times New Roman">October 21, 2021</FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="40%" noWrap align=left><FONT style="FONT-VARIANT: small-caps" size=2 face="Times New Roman">Lloyd J. Shulman</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="40%" noWrap align=left><I><FONT size=2 face="Times New Roman">Officer, President, Chief Operating</FONT></I></TD>
   <TD width="1%" noWrap align=left><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD width="18%" noWrap align=left></TD></TR>
<TR vAlign=bottom>
   <TD width="40%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="40%" noWrap align=left><I><FONT size=2 face="Times New Roman"><I><FONT size=2 face="Times New Roman">Officer and Director</FONT></I></FONT></I></TD>
   <TD width="1%" noWrap align=left><I><FONT size=2 face="Times New Roman"><I><FONT size=2 face="Times New Roman"></FONT></I></FONT></I></TD>
   <TD width="18%" noWrap align=left></TD></TR>
<TR>
   <TD width="100%" colSpan=5>&nbsp;</TD></TR>
<TR vAlign=bottom>
   <TD style="WIDTH: 40%; WHITE-SPACE: nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"><FONT size=2 face="Times New Roman">MARK S. GREENBLATT</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="40%" noWrap align=left><I><FONT size=2 face="Times New Roman">Vice President, Treasurer and Director</FONT></I></TD>
   <TD width="1%" noWrap align=left><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD width="18%" noWrap align=center><FONT size=2 face="Times New Roman">October 21, 2021</FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="40%" noWrap align=left><FONT style="FONT-VARIANT: small-caps" size=2 face="Times New Roman">Mark S. Greenblatt</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="40%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="18%" noWrap align=left></TD></TR>
<TR>
   <TD width="100%" colSpan=5>&nbsp;&nbsp;</TD></TR>
<TR vAlign=bottom>
   <TD style="WIDTH: 40%; WHITE-SPACE: nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"><FONT size=2 face="Times New Roman">ROBERT L. ECKER</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="40%" noWrap align=left><I><FONT size=2 face="Times New Roman">Director</FONT></I></TD>
   <TD width="1%" noWrap align=left><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD width="18%" noWrap align=center><FONT size=2 face="Times New Roman">October 21, 2021</FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="40%" noWrap align=left><FONT style="FONT-VARIANT: small-caps" size=2 face="Times New Roman">Robert L. Ecker</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="40%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="18%" noWrap align=left></TD></TR>
<TR>
   <TD width="100%" colSpan=5>&nbsp;&nbsp;</TD></TR>
<TR vAlign=bottom>
   <TD style="WIDTH: 40%; WHITE-SPACE: nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"><FONT size=2 face="Times New Roman">STEVEN GURNEY-GOLDMAN</FONT></TD>
   <TD width="1%" noWrap align=left><U><FONT size=2 face="Times New Roman"></FONT></U></TD>
   <TD width="40%" noWrap align=left><I><FONT size=2 face="Times New Roman">Director</FONT></I></TD>
   <TD width="1%" noWrap align=left><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD width="18%" noWrap align=center><FONT size=2 face="Times New Roman">October 21, 2021</FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="40%" noWrap align=left><FONT style="FONT-VARIANT: small-caps" size=2 face="Times New Roman">Steven Gurney-Goldman</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="40%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="18%" noWrap align=left></TD></TR>
<TR>
   <TD width="100%" colSpan=5>&nbsp;</TD></TR>
<TR vAlign=bottom>
   <TD style="WIDTH: 40%; WHITE-SPACE: nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"><FONT size=2 face="Times New Roman">JOHN J. PEARL</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="40%" noWrap align=left><I><FONT size=2 face="Times New Roman">Director</FONT></I></TD>
   <TD width="1%" noWrap align=left><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD width="18%" noWrap align=center><FONT size=2 face="Times New Roman">October 21, 2021</FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="40%" noWrap align=left><FONT style="FONT-VARIANT: small-caps" size=2 face="Times New Roman">John J. Pearl</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="40%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="18%" noWrap align=left></TD></TR>
<TR>
   <TD width="100%" colSpan=5>&nbsp;</TD></TR>
<TR vAlign=bottom>
   <TD style="WIDTH: 40%; WHITE-SPACE: nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"><FONT size=2 face="Times New Roman">DEAN L. RYDER</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="40%" noWrap align=left><I><FONT size=2 face="Times New Roman">Director</FONT></I></TD>
   <TD width="1%" noWrap align=left><I><FONT size=2 face="Times New Roman"></FONT></I></TD>
   <TD width="18%" noWrap align=center><FONT size=2 face="Times New Roman">October 21, 2021</FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="40%" noWrap align=left><FONT style="FONT-VARIANT: small-caps" size=2 face="Times New Roman">Dean L. Ryder</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="40%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="18%" noWrap align=left></TD></TR></TABLE>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">14</FONT></P>
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<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P align=left><FONT size=2 face="Times New Roman">
<A href="#toc"><B>Table of Contents</B></A></FONT></P>
<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">INDEX TO REGISTRANT&#8217;S FINANCIAL STATEMENTS AND SCHEDULES</FONT></B></P>
<P style="TEXT-ALIGN: left; TEXT-INDENT: 15pt"><FONT size=2 face="Times New Roman">Reference is made to the following sections of the Registrant&#8217;s Annual Report to Shareholders for the fiscal year ended July 31, 2021, which are incorporated herein by reference: </FONT></P>
<P style="TEXT-ALIGN: left; TEXT-INDENT: 15pt"><FONT size=2 face="Times New Roman">Report of Independent Registered Public Accounting Firms (pages 22-23) </FONT></P>
<P style="TEXT-ALIGN: left; TEXT-INDENT: 15pt"><FONT size=2 face="Times New Roman">Consolidated Balance Sheets (page 3) </FONT></P>
<P style="TEXT-ALIGN: left; TEXT-INDENT: 15pt"><FONT size=2 face="Times New Roman">Consolidated Statements of Operations (page 4)</FONT></P>
<P style="TEXT-ALIGN: left; TEXT-INDENT: 15pt"><FONT size=2 face="Times New Roman">Consolidated Statement of Changes in Shareholders&#8217; Equity (page 5)</FONT></P>
<P style="TEXT-ALIGN: left; TEXT-INDENT: 15pt"><FONT size=2 face="Times New Roman">Consolidated Statements of Cash Flows (page 6)</FONT></P>
<P style="TEXT-ALIGN: left; TEXT-INDENT: 15pt"><FONT size=2 face="Times New Roman">Notes to Consolidated Financial Statements (pages 7-19)</FONT></P>
<P style="TEXT-ALIGN: left; TEXT-INDENT: 15pt"><FONT size=2 face="Times New Roman">Financial Statement Schedules</FONT></P>
<P style="TEXT-ALIGN: left; TEXT-INDENT: 30pt"><FONT size=2 face="Times New Roman">Real Estate and Accumulated Depreciation (page 20) </FONT></P>
<P style="TEXT-ALIGN: left; TEXT-INDENT: 15pt"><FONT size=2 face="Times New Roman">Report of Management (page 21) </FONT></P>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: 15pt"><FONT size=2 face="Times New Roman">All other schedules for which provision is made in the applicable regulations of the U. S. Securities and Exchange Commission are not required under the related instructions or are inapplicable and, accordingly, are omitted.</FONT></P>
<P style="MARGIN-BOTTOM: 0pt; TEXT-ALIGN: justify; TEXT-INDENT: 15pt"><FONT size=2 face="Times New Roman">The separate financial statements and schedules of J.W. Mays, Inc. (not consolidated) are omitted because the Company is primarily an operating company and its subsidiaries are wholly-owned.</FONT></P>
<P style="MARGIN-TOP: 0pt; TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">____________________</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">15</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P align=left><FONT size=2 face="Times New Roman"><A href="#toc"><B>Table of Contents</B></A></FONT></P>
<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">EXHIBIT INDEX TO FORM 10-K</FONT></B></P>
<TABLE style="WIDTH: 100%" cellSpacing=0 cellPadding=0 border=0>

<TR>
   <TD style="WIDTH: 1%; VERTICAL-ALIGN: top; TEXT-ALIGN: left; PADDING-RIGHT: 13pt"><FONT size=2 face="Times New Roman">(2)</FONT></TD>
   <TD width="98%" colSpan=2><FONT size=2 face="Times New Roman">Plan of acquisition, reorganization, arrangement, liquidation or succession&#8212;not applicable</FONT></TD></TR>
<TR>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left; PADDING-RIGHT: 13pt">&nbsp;</TD>
   <TD colSpan=2>&nbsp;</TD></TR>
<TR>
   <TD style="WIDTH: 1%; VERTICAL-ALIGN: top; TEXT-ALIGN: left; PADDING-RIGHT: 13pt"><FONT size=2 face="Times New Roman">(3)</FONT></TD>
   <TD style="WIDTH: 1%; PADDING-RIGHT: 8pt">
   <FONT size=2 face="Times New Roman"><A HREF="https://www.sec.gov/Archives/edgar/data/54187/000120677417002894/jwmays3192169-ex3i.htm" STYLE="-sec-extract: exhibit">(i)</A></FONT></TD>
   <TD width="97%">
   <FONT size=2 face="Times New Roman"><A HREF="https://www.sec.gov/Archives/edgar/data/54187/000120677417002894/jwmays3192169-ex3i.htm" STYLE="-sec-extract: exhibit">Certificate of incorporation and certificate of amendment</A></FONT></TD></TR>
<TR>
   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left; PADDING-RIGHT: 13pt">&nbsp;</TD>
   <TD style="PADDING-RIGHT: 8pt">&nbsp;</TD>
   <TD>&nbsp;</TD></TR>
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   <TD style="WIDTH: 1%; VERTICAL-ALIGN: top; TEXT-ALIGN: left; PADDING-RIGHT: 13pt"></TD>
   <TD style="WIDTH: 1%; PADDING-RIGHT: 8pt"><A HREF="https://www.sec.gov/Archives/edgar/data/54187/000005418707000014/sec32_8k.pdf" STYLE="-sec-extract: exhibit">
   <FONT size=2 face="Times New Roman">(ii)</FONT></A></TD>
   <TD width="97%"><A HREF="https://www.sec.gov/Archives/edgar/data/54187/000005418707000014/sec32_8k.pdf" STYLE="-sec-extract: exhibit">
   <FONT size=2 face="Times New Roman">By-laws, as amended &#8212; incorporated by reference</FONT></A></TD></TR>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left; PADDING-RIGHT: 13pt">&nbsp;</TD>
   <TD style="PADDING-RIGHT: 8pt">&nbsp;</TD>
   <TD>&nbsp;</TD></TR>
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   <TD style="WIDTH: 1%; VERTICAL-ALIGN: top; TEXT-ALIGN: left; PADDING-RIGHT: 13pt"><FONT size=2 face="Times New Roman">(4)</FONT></TD>
   <TD width="98%" colSpan=2><FONT size=2 face="Times New Roman">Instruments defining the rights of security holders, including indentures&#8212;see Exhibit (3) above</FONT></TD></TR>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left; PADDING-RIGHT: 13pt">&nbsp;</TD>
   <TD colSpan=2>&nbsp;</TD></TR>
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   <TD style="WIDTH: 1%; VERTICAL-ALIGN: top; TEXT-ALIGN: left; PADDING-RIGHT: 13pt"><FONT size=2 face="Times New Roman">(9)</FONT></TD>
   <TD width="98%" colSpan=2><FONT size=2 face="Times New Roman">Voting trust agreement&#8212;not applicable</FONT></TD></TR>
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   <TD><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="98%" colSpan=2><FONT size=2 face="Times New Roman">&nbsp;</FONT></TD></TR>
<TR>
   <TD><A HREF="https://www.sec.gov/Archives/edgar/data/54187/000120677417002894/jwmays3192169-ex10i.htm" STYLE="-sec-extract: exhibit"><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman">(10)</FONT></FONT></A></TD>
   <TD width="98%" colSpan=2><A HREF="https://www.sec.gov/Archives/edgar/data/54187/000120677417002894/jwmays3192169-ex10i.htm" STYLE="-sec-extract: exhibit"><FONT size=2 face="Times New Roman">Material contracts&#8212;Retirement Plan and Trust, Summary Plan Description</FONT></A></TD></TR>
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   <TD style="VERTICAL-ALIGN: top; TEXT-ALIGN: left; PADDING-RIGHT: 13pt">&nbsp;</TD>
   <TD colSpan=2>&nbsp; </TD></TR></TABLE>
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   <TD STYLE="width: 1%; vertical-align: top; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(11)</FONT></TD>
   <TD STYLE="width: 99%"><FONT size=2 face="Times New Roman">Statement re computation of per share earnings&#8212;not applicable </FONT></TD></TR>
<TR>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt">&nbsp;</TD>
   <TD>&nbsp;</TD></TR>
<TR>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(12)</FONT></TD>
   <TD><FONT size=2 face="Times New Roman">Statement re computation of ratios&#8212;not applicable</FONT></TD></TR>
<TR>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt">&nbsp;</TD>
   <TD>&nbsp;</TD></TR>
<TR>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt"><A HREF="jwmays3906498-ex13.htm" STYLE="-sec-extract: exhibit">
   <FONT size=2 face="Times New Roman">(13)</FONT></A></TD>
   <TD><A HREF="jwmays3906498-ex13.htm" STYLE="-sec-extract: exhibit">
   <FONT size=2 face="Times New Roman">Annual Report to security holders</FONT></A></TD></TR>
<TR>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt">&nbsp;</TD>
   <TD>&nbsp;</TD></TR>
<TR>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(14)</FONT></TD>
   <TD><FONT size=2 face="Times New Roman">Code of ethics&#8212;not applicable</FONT></TD></TR>

<TR>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt">&nbsp;</TD>
   <TD>&nbsp;</TD></TR>
<TR>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(18)</FONT></TD>
   <TD><FONT size=2 face="Times New Roman">Letter re change in accounting principles&#8212;not applicable</FONT></TD></TR>
<TR>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt">&nbsp;</TD>
   <TD>&nbsp;</TD></TR>
<TR>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt"><A HREF="jwmays3906498-ex21.htm" STYLE="-sec-extract: exhibit">
   <FONT size=2 face="Times New Roman">(21)</FONT></A></TD>
   <TD><A HREF="jwmays3906498-ex21.htm" STYLE="-sec-extract: exhibit">
   <FONT size=2 face="Times New Roman">Subsidiaries of the Registrant</FONT></A></TD></TR>
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   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt">&nbsp;</TD>
   <TD>&nbsp;</TD></TR>
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   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(22)</FONT></TD>
   <TD><FONT size=2 face="Times New Roman">Published report re matters submitted to vote of security holders&#8212;not applicable</FONT></TD></TR>
<TR>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt">&nbsp;</TD>
   <TD>&nbsp;</TD></TR>
<TR>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(24)</FONT></TD>
   <TD><FONT size=2 face="Times New Roman">Power of attorney&#8212;none</FONT></TD></TR>
<TR>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt">&nbsp;</TD>
   <TD>&nbsp;</TD></TR>
<TR>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(28)</FONT></TD>
   <TD><FONT size=2 face="Times New Roman">Information from reports furnished to state insurance regulatory authorities&#8212;not applicable</FONT></TD></TR>
<TR>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt">&nbsp;</TD>
   <TD>&nbsp;</TD></TR>
<TR>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(31)</FONT></TD>
   <TD><FONT size=2 face="Times New Roman">Certifications Pursuant to Section 302 of the Sarbanes-Oxley Act&#8212;1 and 2</FONT></TD></TR>
<TR>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt">&nbsp;</TD>
   <TD>&nbsp;</TD></TR>
<TR>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt"></TD>
   <TD><A HREF="jwmays3906498-ex311.htm" STYLE="-sec-extract: exhibit">
   <FONT size=2 face="Times New Roman">31.1&#8212;Chief Executive Officer</FONT></A></TD></TR>
<TR>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt">&nbsp;</TD>
   <TD>&nbsp;</TD></TR>
<TR>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt"></TD>
   <TD><A HREF="jwmays3906498-ex312.htm" STYLE="-sec-extract: exhibit">
   <FONT size=2 face="Times New Roman">31.2&#8212;Chief Financial Officer</FONT></A></TD></TR>
<TR>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt">&nbsp;</TD>
   <TD>&nbsp;</TD></TR>
<TR>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt"><A HREF="jwmays3906498-ex32.htm" STYLE="-sec-extract: exhibit">
   <FONT size=2 face="Times New Roman">(32)</FONT></A></TD>
   <TD><A HREF="jwmays3906498-ex32.htm" STYLE="-sec-extract: exhibit">
   <FONT size=2 face="Times New Roman">Certification Pursuant to Section 906 of the Sarbanes-Oxley Act</FONT></A></TD></TR></TABLE>
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<TR vAlign=bottom>
   <TD style="WIDTH: 1%; VERTICAL-ALIGN: top; TEXT-ALIGN: left; PADDING-RIGHT: 15pt" noWrap><FONT size=2 face="Times New Roman">EX-101.INS </FONT></TD>
   <TD vAlign=top width="99%" colSpan=3 align=left><FONT size=2 face="Times New Roman">XBRL INSTANCE DOCUMENT</FONT></TD></TR>
<TR>
   <TD style="WIDTH: 1%; VERTICAL-ALIGN: top; TEXT-ALIGN: left; PADDING-RIGHT: 15pt" noWrap></TD>
   <TD vAlign=top width="99%" colSpan=3 align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
   <TD style="WIDTH: 1%; VERTICAL-ALIGN: top; TEXT-ALIGN: left; PADDING-RIGHT: 15pt" noWrap><FONT size=2 face="Times New Roman">EX-101.SCH</FONT></TD>
   <TD vAlign=top width="99%" colSpan=3 align=left><FONT size=2 face="Times New Roman">XBRL TAXONOMY EXTENSION SCHEMA</FONT></TD></TR>
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   <TD style="WIDTH: 1%; VERTICAL-ALIGN: top; TEXT-ALIGN: left; PADDING-RIGHT: 15pt" noWrap></TD>
   <TD vAlign=top width="99%" colSpan=3 align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
   <TD style="WIDTH: 1%; VERTICAL-ALIGN: top; TEXT-ALIGN: left; PADDING-RIGHT: 15pt" noWrap><FONT size=2 face="Times New Roman">EX-101.PRE</FONT></TD>
   <TD vAlign=top width="99%" colSpan=3 align=left><FONT size=2 face="Times New Roman">XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE</FONT></TD></TR>
<TR>
   <TD style="WIDTH: 1%; VERTICAL-ALIGN: top; TEXT-ALIGN: left; PADDING-RIGHT: 15pt" noWrap></TD>
   <TD vAlign=top width="99%" colSpan=3 align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
   <TD style="WIDTH: 1%; VERTICAL-ALIGN: top; TEXT-ALIGN: left; PADDING-RIGHT: 15pt" noWrap><FONT size=2 face="Times New Roman">EX-101.LAB</FONT></TD>
   <TD vAlign=top width="99%" colSpan=3 align=left><FONT size=2 face="Times New Roman">XBRL TAXONOMY EXTENSION LABEL LINKBASE</FONT></TD></TR>
<TR>
   <TD style="WIDTH: 1%; VERTICAL-ALIGN: top; TEXT-ALIGN: left; PADDING-RIGHT: 15pt" noWrap></TD>
   <TD vAlign=top width="99%" colSpan=3 align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
   <TD style="WIDTH: 1%; VERTICAL-ALIGN: top; TEXT-ALIGN: left; PADDING-RIGHT: 15pt" noWrap><FONT size=2 face="Times New Roman">EX-101.CAL</FONT></TD>
   <TD vAlign=top width="99%" colSpan=3 align=left><FONT size=2 face="Times New Roman">XBRL TAXONOMY EXTENSION CALCULATION LINKBASE</FONT></TD></TR>
<TR>
   <TD style="WIDTH: 1%; VERTICAL-ALIGN: top; TEXT-ALIGN: left; PADDING-RIGHT: 15pt" noWrap></TD>
   <TD vAlign=top width="99%" colSpan=3 align=left>&nbsp;</TD></TR>
<TR vAlign=bottom>
   <TD style="WIDTH: 1%; VERTICAL-ALIGN: top; TEXT-ALIGN: left; PADDING-RIGHT: 15pt" noWrap><FONT size=2 face="Times New Roman">EX-101.DEF</FONT></TD>
   <TD vAlign=top width="99%" colSpan=3 align=left><FONT size=2 face="Times New Roman">XBRL TAXONOMY EXTENSION DEFINITION LINKBASE</FONT></TD></TR></TABLE>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">16</FONT></P>
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<TYPE>EX-13
<SEQUENCE>2
<FILENAME>jwmays3906498-ex13.htm
<DESCRIPTION>ANNUAL REPORT TO SECURITY HOLDERS
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<P style="text-align: center;"><B><FONT size=2 face="Times New Roman">EXHIBIT 13</FONT></B></P>
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   <TD COLSPAN="2" STYLE="border-right: Black 1pt solid; border-left: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=6 face="Times New Roman">J.W. MAYS, INC.</FONT></B></TD></TR>
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   <TD STYLE="padding-bottom: 6pt; width: 40%; white-space: nowrap; text-align: center; border-right: Black 1pt solid"><B><FONT size=5 face="Times New Roman">Annual Report</FONT></B></TD></TR>
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   <TD STYLE="padding-bottom: 6pt; border-right: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=5 face="Times New Roman">2021</FONT></B></TD></TR>
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   <TD STYLE="border-left: Black 1pt solid; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">Year Ended July 31, 2021</FONT></TD>
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<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">J.W. MAYS, INC.</FONT></B></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

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   <TD width="98%" noWrap align=left><B><FONT size=2 style="BORDER-BOTTOM: #000000 1pt solid; PADDING-BOTTOM: 1pt" face="Times New Roman">Contents</FONT></B></TD>
   <TD width="1%" noWrap align=left><B><FONT size=2 face="Times New Roman"></FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Page No.</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="98%" noWrap align=left><FONT size=2 face="Times New Roman">The Company </FONT></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">2</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="98%" noWrap align=left><FONT size=2 face="Times New Roman">Message to Shareholders </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">2</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="98%" noWrap align=left><FONT size=2 face="Times New Roman">Consolidated Balance Sheets </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">3</FONT></TD></TR>
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   <TD width="98%" noWrap align=left><FONT size=2 face="Times New Roman">Consolidated Statements of Operations </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">4</FONT></TD></TR>
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   <TD width="98%" noWrap align=left><FONT size=2 face="Times New Roman">Consolidated Statements of Changes in Shareholders&#8217; Equity </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">5</FONT></TD></TR>
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   <TD width="98%" noWrap align=left><FONT size=2 face="Times New Roman">Consolidated Statements of Cash Flows </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">6</FONT></TD></TR>
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   <TD width="98%" noWrap align=left><FONT size=2 face="Times New Roman">Notes to Consolidated Financial Statements </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">7-19</FONT></TD></TR>
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   <TD width="98%" noWrap align=left><FONT size=2 face="Times New Roman">Real Estate and Accumulated Depreciation (Schedule III) </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">20</FONT></TD></TR>
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   <TD width="98%" noWrap align=left><FONT size=2 face="Times New Roman">Report of Management </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">21</FONT></TD></TR>
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   <TD width="98%" noWrap align=left><FONT size=2 face="Times New Roman">Report of Independent Registered Public Accounting Firm </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">22-23</FONT></TD></TR>
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   <TD width="98%" noWrap align=left><FONT size=2 face="Times New Roman">Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations </FONT></TD>
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   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">24-29</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="98%" noWrap align=left><FONT size=2 face="Times New Roman">Controls and Procedures</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">29</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="98%" noWrap align=left><FONT size=2 face="Times New Roman">Common Stock Information </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">30</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="98%" noWrap align=left><FONT size=2 face="Times New Roman">Officers and Directors </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">30</FONT></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Executive Offices<BR></FONT></B><FONT size=2 face="Times New Roman">9 Bond Street, Brooklyn, N.Y. 11201-5805</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Transfer Agent and Registrar<BR></FONT></B><FONT size=2 face="Times New Roman">American Stock Transfer &amp; Trust Company, LLC<BR>6201 15th Avenue<BR>Brooklyn, N.Y. 11219</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Special Counsel<BR></FONT></B><FONT size=2 face="Times New Roman">Holland &amp; Knight LLP<BR>31 West 52<SUP>nd </SUP>Street<BR>New York, N.Y. 10019</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Independent Registered Public Accounting Firm<BR></FONT></B><FONT size=2 face="Times New Roman">Prager Metis CPA&#8217;S, LLC<BR>401 Hackensack Avenue<BR>Hackensack, NJ, 07601</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Annual Meeting<BR></FONT></B><FONT size=2 face="Times New Roman">The Annual Meeting of Shareholders will be<BR>held on Tuesday, November 23, 2021, at<BR></FONT><FONT size=2 face="Times New Roman">10:00 A.M., Eastern Standard time, at J.W. MAYS, INC.,<BR>9 Bond Street, Brooklyn, New York.</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">J.W. MAYS, INC.</FONT></B></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">THE COMPANY</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">J.W. Mays, Inc. was founded in 1924 and incorporated under the laws of the State of New York on July 6, 1927.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Company operates a number of commercial real estate properties located in Brooklyn and Jamaica in New York City; in Levittown and Massapequa, Long Island, New York; in Fishkill, Dutchess County, New York; and in Circleville, Ohio. The major portions of these properties are owned and the balance is leased. A substantial percentage of these properties are leased to tenants while the remainder is available for lease.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">More comprehensive information concerning the Company appears in its Form 10-K Annual Report for the fiscal year ended July 31, 2021.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">J.W. MAYS, INC.</FONT></B></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">TO OUR SHAREHOLDERS:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Beginning March 2020 and continuing through July 2021, we experienced an increase in late payments due to the impact of COVID-19 and the related reductions in economic activity from government mandated business disruptions and shelter -in- place orders. The effects of COVID-19 on our tenants have been reflected in our allowance for credit losses for accounts receivable. In limited circumstances, we have agreed to rent abatements and deferrals for certain tenants. We also continue to experience volatility in the valuation of our equity investments through July 31, 2021.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">In fiscal 2021, our revenues from operations were $20,212,879 compared to $19,531,846 in the 2020 fiscal year. Net income for fiscal 2021 was $398,032, or $.20 per share. This compares to net loss of $(906,005), or $(.45) per share, for fiscal 2020. Looking ahead, the full impact of COVID-19 on our business is unknown and highly unpredictable. Although the adverse economic effects to our Company of the COVID-19 pandemic have been significant, we have accomplished the following during fiscal 2021 to better position the Company when the economy and specifically the commercial real estate market begins to rebound:</FONT></P>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; TEXT-ALIGN: left" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR>
   <TD style="PADDING-LEFT: 15pt; PADDING-RIGHT: 8pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt; COLOR: #000000">&#9679;</FONT></TD>
   <TD VALIGN="TOP" WIDTH="99%" ALIGN="LEFT" STYLE="text-align: justify"><FONT style="COLOR: #000000" face="times new roman">having the community college that leased 47,000 square feet of space in our Fishkill, New York building take occupancy in June 2020 and commenced paying rent in September 2020;<BR>&nbsp;</FONT></TD></TR>
<TR>
   <TD style="PADDING-LEFT: 15pt; PADDING-RIGHT: 8pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt; COLOR: #000000">&#9679;</FONT></TD>
   <TD VALIGN="TOP" WIDTH="99%" ALIGN="LEFT" STYLE="text-align: justify"><FONT style="COLOR: #000000" face="times new roman">entering into lease agreements with five new tenants at our Nine Bond Street, and Jowein buildings in Brooklyn, New York;</FONT></TD></TR></TABLE>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">On May 26, 2021, the Small Business Administration (&#8220;SBA&#8221;) authorized full forgiveness of the Company&#8217;s Paycheck Protection Program (&#8220;PPP&#8221;) loan in the amount of $722,726. Such proceeds were recorded as a full reduction of the note payable and extinguishment of debt income in the three months and year ending July 31, 2021.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Our long term strategy of pursuing and entering into leases with governmental agencies, health care providers and corporate tenants, as well as being able to partner with a significant educational institution such as the one which is located in our Fishkill building, and our ability to retain a significant majority of our tenants over a long period of time, should serve our Company well as we move forward from the effects of the COVID-19 pandemic.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">I still believe our Company will be able to move forward from these challenging economic times. I specifically want to thank Mays&#8217; personnel and our Board colleagues for their ongoing commitment and support, our shareholders for their continuing belief in our Company and its future and our tenants for their continuing loyalty to our Company. We will certainly miss our Board colleague Mr. Jack Schawartz, who passed away on June 27, 2021, and his thirty-five years of dedicated service to the Company.</FONT></P>
<P style="TEXT-ALIGN: justify">
<IMG border=0 src="jwmays3906498-ex13x3x1.jpg"><BR><FONT size=2 style="font-variant: small-caps" face="Times New Roman">Lloyd J. Shulman<BR></FONT><I><FONT size=2 face="Times New Roman">Chairman, President and Chief Executive Officer</FONT></I></P>
<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">October 21, 2021</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">2</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">J.W. MAYS, INC.</FONT></B></P>
<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">CONSOLIDATED BALANCE SHEETS<BR></FONT></B><FONT size=2 face="Times New Roman">July 31, 2021 and 2020</FONT></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD width="92%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD COLSPAN="6" STYLE="width: 6%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">July 31</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right">&nbsp;</TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 92%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">ASSETS</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Property and Equipment-at cost:</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><FONT size=2 face="Times New Roman">Land</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">6,067,805</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">6,067,805</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><FONT size=2 face="Times New Roman">Buildings held for leasing:</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; padding-left: 30pt"><FONT size=2 face="Times New Roman">Buildings, improvements and fixtures </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">74,547,096</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">73,271,398</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; padding-left: 30pt"><FONT size=2 face="Times New Roman">Construction in progress </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">2,244,959</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">1,266,723</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="92%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">76,792,055</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">74,538,121</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><FONT size=2 face="Times New Roman">Accumulated depreciation </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">(34,793,458</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">(33,007,989</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; padding-left: 30pt"><FONT size=2 face="Times New Roman">Buildings - net </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">41,998,597</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">41,530,132</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><FONT size=2 face="Times New Roman">Property and equipment-net </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">48,066,402</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">47,597,937</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="92%" noWrap align=left>&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Cash and cash equivalents </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1,552,389</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">3,260,135</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Restricted cash </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">882,330</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1,143,666</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Receivables, net </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">2,416,769</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">2,219,946</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Marketable securities </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">3,901,093</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">3,744,905</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Prepaids and other assets </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">2,384,727</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">2,389,582</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Deferred charges, net </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">3,739,243</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">2,986,648</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Operating lease right-of-use assets</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">34,566,169</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">37,077,038</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; padding-left: 45pt"><FONT size=2 face="Times New Roman">TOTAL ASSETS </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">97,509,122</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">100,419,857</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; background-color: White">&nbsp;<B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD STYLE="background-color: White; width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: White"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; background-color: White"></TD>
   <TD STYLE="background-color: White; width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="background-color: White; width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: White"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; background-color: White"></TD>
   <TD STYLE="background-color: White; width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">LIABILITIES AND SHAREHOLDERS&#8217; EQUITY</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Liabilities:</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Mortgages payable </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">7,518,777</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">8,627,965</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Note payable </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">722,726</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Accounts payable and accrued expenses </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">2,632,905</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">2,771,540</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Security deposits payable </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">834,470</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">809,652</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Operating lease liabilities </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">27,840,930</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">29,044,966</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Deferred income taxes </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">4,582,000</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">4,741,000</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; padding-left: 30pt"><FONT size=2 face="Times New Roman">Total liabilities </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">43,409,082</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">46,717,849</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Shareholders&#8217; Equity:</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Common stock, par value $1 each share (shares-5,000,000 authorized; 2,178,297 issued) </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">2,178,297</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">2,178,297</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Additional paid in capital </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">3,346,245</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">3,346,245</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Retained earnings </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">49,863,350</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">49,465,318</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="92%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">55,387,892</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">54,989,860</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Common stock held in treasury, at cost - 162,517 shares at July 31, 2021 and July 31, 2020 </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">(1,287,852</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">(1,287,852</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; padding-left: 30pt"><FONT size=2 face="Times New Roman">Total Shareholders&#8217; Equity </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">54,100,040</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">53,702,008</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; padding-left: 45pt"><FONT size=2 face="Times New Roman">TOTAL LIABILITIES AND SHAREHOLDERS&#8217; EQUITY </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">97,509,122</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">100,419,857</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">See Notes to Accompanying Consolidated Financial Statements.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">3</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">J.W. MAYS, INC.</FONT></B></P>
<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">CONSOLIDATED STATEMENTS OF OPERATIONS</FONT></B></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD width="92%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD COLSPAN="6" STYLE="width: 6%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Years Ended July 31,</FONT></B></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR vAlign=bottom>
   <TD width="92%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Revenues</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><FONT size=2 face="Times New Roman">Rental income </FONT></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">20,212,879</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">19,531,846</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; padding-left: 30pt"><FONT size=2 face="Times New Roman">Total revenues </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">20,212,879</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">19,531,846</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Expenses</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><FONT size=2 face="Times New Roman">Real estate operating expenses </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">14,306,967</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">14,024,623</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><FONT size=2 face="Times New Roman">Administrative and general expenses </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">4,958,227</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">5,085,360</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><FONT size=2 face="Times New Roman">Depreciation </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">1,785,468</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">1,661,280</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; padding-left: 30pt"><FONT size=2 face="Times New Roman">Total expenses </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">21,050,662</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">20,771,263</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><FONT size=2 face="Times New Roman">Loss from operations</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">(837,783</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">(1,239,417</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Other income and interest expense</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><FONT size=2 face="Times New Roman">Investment income </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">173,548</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">145,561</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><FONT size=2 face="Times New Roman">Change in fair value of marketable securities </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">446,126</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">35,372</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><FONT size=2 face="Times New Roman">Interest expense </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">(265,585</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">(202,521</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="width: 92%; white-space: nowrap; text-align: left; padding-left: 15pt"><FONT size=2 face="Times New Roman">Extinguishment of debt </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">722,726</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="92%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">1,076,815</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">(21,588</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Income (loss) before income tax </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">239,032</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">(1,261,005</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Income tax provision (benefit) </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">(159,000</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">(355,000</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Net income (loss) </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">398,032</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">(906,005</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; padding-bottom: 1pt"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="92%" noWrap align=left>&nbsp;</TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Income (loss) per common share, basic and diluted </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">.20</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">(0.45</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Dividends per share </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Average common shares outstanding, basic and diluted </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">2,015,780</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">2,015,780</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">See Notes to Accompanying Consolidated Financial Statements.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">4</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV STYLE="page-break-before: always"></DIV>
<!--PART 03 -->
<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">J.W. MAYS, INC.</FONT></B></P>
<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS&#8217; EQUITY</FONT></B></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD width="72%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="3%" noWrap align=center></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD width="4%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Additional</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="3%" noWrap align=center></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD width="4%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Common</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="3%" noWrap align=center></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD></TR>
<TR vAlign=bottom>
   <TD width="72%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="4%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Common</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="4%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Paid In</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="4%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Retained</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD width="4%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Stock Held in</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="3%" noWrap align=center></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD></TR>
<TR vAlign=bottom>
   <TD width="72%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="4%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Stock</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="4%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Capital</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="4%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Earnings</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="4%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Treasury</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="4%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Total</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="72%" noWrap align=left><FONT size=2 face="Times New Roman">Balance at July 31, 2019 </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">2,178,297</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">3,346,245</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">50,371,323</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(1,287,852</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">54,608,013</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="width: 72%; white-space: nowrap; text-align: left; padding-left: 15pt"><FONT size=2 face="Times New Roman">Net loss, year ended July 31, 2020 </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(906,005</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(906,005</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="72%" noWrap align=left><FONT size=2 face="Times New Roman">Balance at July 31, 2020 </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">2,178,297</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">3,346,245</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">49,465,318</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(1,287,852</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">53,702,008</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="width: 72%; white-space: nowrap; text-align: left; padding-left: 15pt"><FONT size=2 face="Times New Roman">Net income, year ended July 31, 2021 </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">398,032</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">398,032</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="72%" noWrap align=left><FONT size=2 face="Times New Roman">Balance at July 31, 2021 </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">2,178,297</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">3,346,245</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">49,863,350</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(1,287,852</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">54,100,040</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">See Notes to Accompanying Consolidated Financial Statements.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">5</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">J.W. MAYS, INC.</FONT></B></P>
<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">CONSOLIDATED STATEMENTS OF CASH FLOWS</FONT></B></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD STYLE="width: 88%; text-align: left"></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="10%" colSpan=6 noWrap align=center><B><FONT size=1 face="Times New Roman">Years Ended July 31,</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;</TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 88%; text-align: left"></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="4%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="4%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Cash Flows From Operating Activities:</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="padding-left: 15pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Net income (loss)</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">398,032</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(906,005</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Adjustments to reconcile net income (loss) to net cash provided by operating activities:</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="padding-left: 30pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Bad debt expense </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">236,000</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">255,060</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 30pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Provision (Benefit) for deferred income tax </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(159,000</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(355,000</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="padding-left: 30pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Disposition of property and equipment</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">40,992</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 30pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Net realized and unrealized (gain) on sale of marketable securities </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(519,909</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(63,918</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="padding-left: 30pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Depreciation </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">1,785,468</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">1,661,280</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 30pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Amortization of deferred charges </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">385,967</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">297,887</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="padding-left: 30pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Operating lease expense in excess of cash payments </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">1,306,833</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">1,209,357</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 30pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Deferred finance costs included in interest expense </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">38,112</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">31,991</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="padding-left: 30pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Extinguishment of debt </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(722,726</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 30pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Deferred charges </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(1,138,562</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(708,713</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="padding-left: 15pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Changes in Operating Assets and Liabilities:</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Receivables </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(432,823</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(394,708</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="padding-left: 15pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Prepaids and other assets </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">4,855</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(229,881</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Accounts payable and accrued expenses </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(138,635</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">805,160</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="padding-left: 15pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Security deposits payable </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">24,818</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(72,963</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Net cash provided by operating activities </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">1,068,430</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">1,570,539</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Cash Flows From Investing Activities:</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Acquisition of property and equipment </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(2,253,933</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(6,361,240</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="padding-left: 15pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Marketable securities:</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 30pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Receipts from sales </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">960,597</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">621,161</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="padding-left: 30pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Payments for purchases </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(596,876</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(721,921</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Net cash (used) in investing activities </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(1,890,212</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(6,462,000</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Cash Flows From Financing Activities:</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Proceeds from borrowings - mortgage and other debt </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">4,866,806</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="padding-left: 15pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Payments - mortgages </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(1,147,300</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(603,068</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Mortgage financing costs paid </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(232,200</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="padding-left: 30pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Net cash (used) provided by financing activities </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(1,147,300</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">4,031,538</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Net decrease in cash, cash equivalents and restricted cash </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(1,969,082</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(859,923</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Cash, cash equivalents and restricted cash at beginning of year </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">4,403,801</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">5,263,724</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 88%; text-align: left"><FONT size=2 face="Times New Roman">Cash, cash equivalents and restricted cash at end of year </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">2,434,719</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">4,403,801</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">See Notes to Accompanying Consolidated Financial Statements.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">6</FONT></P>
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<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P style="TEXT-ALIGN: center; margin-bottom: 10pt"><B><FONT size=2 face="Times New Roman">J.W. MAYS, INC.</FONT></B></P>
<P style="TEXT-ALIGN: center; margin-top: 10pt; margin-bottom: 10pt"><B><FONT size=2 face="Times New Roman">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</FONT></B></P>
<P style="TEXT-ALIGN: justify; margin-top: 10pt; margin-bottom: 10pt"><B><FONT size=2 face="Times New Roman">1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:</FONT></B></P>
<P style="TEXT-ALIGN: justify; margin-top: 10pt; margin-bottom: 10pt"><B><FONT size=2 face="Times New Roman">Organization</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><FONT size=2 face="Times New Roman">J.W. Mays, Inc. (the &#8220;Company&#8221; or &#8220;Registrant&#8221;) with executive offices at 9 Bond Street, Brooklyn, New York 11201, operates a number of commercial real estate properties in New York and one building in Ohio. The Company&#8217;s business was founded in 1924 and incorporated under the laws of the State of New York on July 6, 1927.</FONT></P>
<P style="TEXT-ALIGN: justify; margin-top: 10pt; margin-bottom: 10pt"><B><FONT size=2 face="Times New Roman">Principles of Consolidation</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><FONT size=2 face="Times New Roman">The consolidated financial statements include the accounts of the Company, a New York corporation and its subsidiaries (J. W. M. Realty Corp. and Dutchess Mall Sewage Plant, Inc.), which are wholly-owned. Material intercompany items have been eliminated in consolidation.</FONT></P>
<P style="TEXT-ALIGN: justify; margin-top: 10pt; margin-bottom: 10pt"><B><FONT size=2 face="Times New Roman">The Impact of COVID-19 on Our Results and Operations</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><FONT size=2 face="Times New Roman" style="word-spacing: -0.1pt; letter-spacing: -0.1pt">In late 2019, an outbreak of COVID-19 emerged and by March 11, 2020 was declared a global pandemic by The World Health Organization. Throughout the United States and locally, governments and municipalities instituted measures in an effort to control the spread of COVID-19, including quarantines, shelter-in-place orders, school closings, travel restrictions and the closure of non-essential businesses. By the end of March 2020, the economic impacts became significant for the remainder of the year ended July 31, 2020.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><FONT size=2 face="Times New Roman" style="word-spacing: -0.1pt; letter-spacing: -0.1pt">Beginning March 2020 and continuing through July 2021, we experienced an increase in late payments due to the impact of COVID-19 and the related reductions in economic activity from government mandated business disruptions and shelter -in- place orders. The effects of COVID-19 on our tenants have been reflected in our allowance for credit losses for accounts receivable. In limited circumstances, we have agreed to rent abatements and deferrals for certain tenants. We also continue to experience volatility in the valuation of our equity investments through July 31, 2021.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><FONT size=2 face="Times New Roman" style="word-spacing: -0.1pt; letter-spacing: -0.1pt">Looking ahead, the full impact of COVID-19 on our business is unknown and highly unpredictable. Our past results may not be indicative of our future performance and historical trends in revenues, income from operations, net income, earnings per share, cash provided by operating activities, among others, may differ materially. For example, to the extent the pandemic continues to disrupt economic activity nationally and in New York, NY, like other businesses, it could adversely affect our business operations and financial results through prolonged decreases in revenue, credit deterioration of our tenants, depressed economic activity, or declines in capital markets. In addition, many of our expenses are less variable in nature and may not correlate to changes in revenues. The extent of the impact will depend on a number of factors, including the duration and severity of the pandemic; distribution of vaccines; and the macroeconomic impact of government measures to contain the spread of the virus and related government stimulus measures.</FONT></P>
<P style="TEXT-ALIGN: justify; margin-top: 10pt; margin-bottom: 10pt"><B><FONT size=2 face="Times New Roman">Use of Estimates</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><FONT size=2 face="Times New Roman" style="word-spacing: -0.1pt; letter-spacing: -0.1pt">The accounting records are maintained in accordance with accounting principles generally accepted in the United States of America (&#8220;GAAP&#8221;). The preparation of the Company&#8217;s financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, the disclosure of contingent assets and liabilities, incremental borrowing rates and recognition of renewal options for operating lease right-of-use assets and liabilities, and the reported amounts of revenues and expenses during the reporting period. The estimates that we make include allowance for doubtful accounts, depreciation, impairment analysis of long-lived assets, income tax assets and liabilities, fair value of marketable securities and revenue recognition. Estimates are based on historical experience where applicable or other assumptions that management believes are reasonable under the circumstances. Due to the inherent uncertainty involved in making estimates, actual results may differ from those estimates under different assumptions or conditions.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><FONT size=2 face="Times New Roman">As of July 31, 2021, the impact of COVID-19 continues to evolve. As a result, many of our estimates and assumptions required increased judgment and carry a higher degree of variability and volatility. As additional information becomes available, our estimates may change materially in future periods.</FONT></P>
<P style="TEXT-ALIGN: justify; margin-top: 10pt; margin-bottom: 10pt"><B><FONT size=2 face="Times New Roman">Restricted Cash</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><FONT size=2 face="Times New Roman">Restricted cash primarily consists of cash held in bank accounts for tenant security deposits and other amounts required under certain loan agreements.</FONT></P>
<P style="TEXT-ALIGN: center; margin-top: 10pt;"><FONT size=2 face="Times New Roman">7</FONT></P>
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<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Marketable Securities</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Company&#8217;s marketable securities consist of investments in equity securities. Dividends and interest income are accrued as earned. Realized gains and losses are determined on a specific identification basis. The Company reviews marketable securities for impairment whenever circumstances and situations change such that there is an indication that the carrying amounts may not be recovered. The changes in the fair value of these securities are recognized in current period earnings in accordance with ASC 825.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Company follows GAAP which establishes a fair value hierarchy that prioritizes the valuation techniques and creates the following three broad levels, with Level 1 valuation being the highest priority:</FONT></P>
<P STYLE="margin-left: 15pt; text-align: justify"><B><FONT size=2 face="Times New Roman">Level 1 valuation </FONT></B><FONT size=2 face="Times New Roman">inputs are quoted market prices in active markets for identical assets or liabilities that are accessible at the measurement date (e.g., equity securities traded on the New York Stock Exchange).</FONT></P>
<P STYLE="margin-left: 15pt; text-align: justify"><B><FONT size=2 face="Times New Roman">Level 2 valuation </FONT></B><FONT size=2 face="Times New Roman">inputs are from other than quoted market prices included in Level 1 that are observable for the asset or liability, either directly or indirectly (e.g., quoted market prices of similar assets or liabilities in active markets, or quoted market prices for identical or similar assets or liabilities in markets that are not active).</FONT></P>
<P STYLE="margin-left: 15pt; text-align: justify"><B><FONT size=2 face="Times New Roman">Level 3 valuation </FONT></B><FONT size=2 face="Times New Roman">inputs are unobservable (e.g., an entity&#8217;s own data) and should be used to measure fair value to the extent that observable inputs are not available.</FONT></P>
<P STYLE="margin-left: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Following is a description of the valuation methodologies used for assets measured at fair value on a recurring basis. There have been no changes in the methodologies used at July 31, 2021 and 2020.</FONT></P>
<P STYLE="margin-left: 15pt; text-align: justify"><B><FONT size=2 face="Times New Roman">Equity securities </FONT></B><FONT size=2 face="Times New Roman">are valued at the closing price reported on the active market on which the individual securities are traded that the Company has access to.</FONT></P>
<P STYLE="margin-left: 15pt; text-align: justify"><B><FONT size=2 face="Times New Roman">Mutual funds </FONT></B><FONT size=2 face="Times New Roman">are valued at the daily closing price as reported by the fund. Mutual funds held by the Company are open-end mutual funds that are registered with the U.S. Securities and Exchange Commission. These funds are required to publish their daily net asset value (&#8220;NAV&#8221;) and to transact at that price. The mutual funds held by the Company are deemed to be actively traded.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">In accordance with the provisions of Fair Value Measurements, the following are the Company&#8217;s financial assets measured on a recurring basis presented at fair value.</FONT></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD width="76%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD COLSPAN="23" STYLE="width: 23%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Fair value measurements at reporting date</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="76%" noWrap align=center><B><FONT size=1 face="Times New Roman">Description</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">July 31, 2021</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Level 1</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Level 2</FONT></B></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Level 3</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">July 31, 2020</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Level 1</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Level 2</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Level 3</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="76%" noWrap align=left><B><FONT size=2 face="Times New Roman">Assets:</FONT></B></TD>
   <TD width="1%" noWrap align=left><B><FONT size=2 face="Times New Roman"></FONT></B></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="2%" colSpan=2 noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="2%" colSpan=2 noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="2%" colSpan=2 noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="2%" colSpan=2 noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="76%" noWrap align=left><FONT size=2 face="Times New Roman">Marketable securities</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">3,901,093</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">3,901,093</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">$&nbsp;&nbsp;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">&#8211;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">$&nbsp;&nbsp;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">&#8211;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">3,744,905</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">3,744,905</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">$&nbsp;&nbsp;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">&#8211;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">$&nbsp;&nbsp;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">&#8211;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Accounts Receivable</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Generally, rent is due from tenants at the beginning of the month in accordance with terms of each lease. Based upon its periodic assessment of the quality of the receivables, management uses its historical knowledge of the tenants and industry experience to determine whether a reserve or write-off is required. The Company uses specific identification to write-off receivables to bad debt expense in the period when issues of collectibility become known. Collectibility issues include late rent payments, circumstances when a tenant indicates their intention to vacate the property without paying, or when tenant litigation or bankruptcy proceedings are not expected to result in full payment. Management also assesses collectibility by reviewing accounts receivable on an aggregate basis where similar characteristics exist. In determining the amount of the allowance for credit losses, the Company considers past due status and a tenant&#8217;s payment history. We also consider current market conditions and reasonable and supportable forecasts of future economic conditions. Our assessment considers business and market disruptions caused by COVID-19. The continued volatility in market conditions and evolving shifts in credit trends are difficult to predict causing variability and volatility that may have a material impact on our allowance for uncollectible accounts receivables in future periods.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">8</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P STYLE="text-indent: 15pt; text-align: justify; margin-bottom: 10pt"><FONT size=2 face="Times New Roman">Primarily because of the effects of COVID-19, the Company recorded an allowance for uncollectible receivables as of July 31, 2021 and 2020 in the amount of $318,000 and $82,000, respectively, as an offset to receivables.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><FONT size=2 face="Times New Roman">Activity in the allowance for uncollectible receivables for each period follows:</FONT></P>
<DIV align=center>
<TABLE style="WIDTH: 80%; LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 border=0>

<TR vAlign=bottom>
   <TD width="77%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="10%" colSpan=6 noWrap align=center><B><FONT size=1 face="Times New Roman">Allowance for</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="3%" noWrap align=center></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="3%" noWrap align=center></TD>
   <TD width="1%" noWrap align=center></TD></TR>
<TR vAlign=bottom>
   <TD width="77%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="10%" colSpan=6 noWrap align=center><B><FONT size=1 face="Times New Roman">Uncollectible</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="3%" noWrap align=center></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="3%" noWrap align=center></TD>
   <TD width="1%" noWrap align=center></TD></TR>
<TR vAlign=bottom>
   <TD width="77%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="10%" colSpan=6 noWrap align=center><B><FONT size=1 face="Times New Roman">Accounts Receivable</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="9%" colSpan=5 noWrap align=center><B><FONT size=1 face="Times New Roman">Bad Debt Expense</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD></TR>
<TR vAlign=bottom>
   <TD width="77%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="10%" colSpan=6 noWrap align=center><B><FONT size=1 face="Times New Roman">Period Ended July 31</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="9%" colSpan=5 noWrap align=center><B><FONT size=1 face="Times New Roman">Period Ended July 31</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD></TR>
<TR vAlign=bottom>
   <TD width="77%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="4%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="4%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="4%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="4%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="77%" noWrap align=left><FONT size=2 face="Times New Roman">Beginning balance </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">82,000</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">&#8211;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">&#8211;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">&#8211;</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="77%" noWrap align=left><FONT size=2 face="Times New Roman">Charge-offs </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">254,000</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">423,232</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">236,000</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">596,292</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="77%" noWrap align=left><FONT size=2 face="Times New Roman">Recoveries</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(18,000</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(91,840</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">&#8211;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(91,840</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="77%" noWrap align=left><FONT size=2 face="Times New Roman">Rent Abatements reclassified to reduce rental income </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">&#8211;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=left></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(249,392</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=left></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">&#8211;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=left></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">(249,392</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="77%" noWrap align=left><FONT size=2 face="Times New Roman">Ending Balance</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">318,000</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double" width="1%" noWrap align=left><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">82,000</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double" width="1%" noWrap align=left><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">236,000</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double" width="1%" noWrap align=left><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double" width="3%" noWrap align=right><FONT size=2 face="Times New Roman">255,060</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; margin-top: 10pt; margin-bottom: 10pt"><B><FONT size=2 face="Times New Roman">Property and Equipment</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><FONT size=2 face="Times New Roman">Property and equipment are stated at cost. Depreciation is calculated using the straight-line method and the declining-balance method. Amortization of improvements to leased property is calculated over the life of the lease. Lives used to determine depreciation and amortization are generally as follows:</FONT></P>
<DIV align=center>
<TABLE style="WIDTH: 60%; LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 border=0>

<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="96%" noWrap align=left><FONT size=2 face="Times New Roman">Buildings and improvements </FONT></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">18-40 years</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="96%" noWrap align=left><FONT size=2 face="Times New Roman">Improvements to leased property </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">3-10 years</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="96%" noWrap align=left><FONT size=2 face="Times New Roman">Fixtures and equipment </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">7-12 years</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="96%" noWrap align=left><FONT size=2 face="Times New Roman">Other </FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">3-5 years</FONT></TD></TR></TABLE></DIV>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Maintenance, repairs, renewals and improvements of a non-permanent nature are charged to expense when incurred. Expenditures for additions and major renewals or improvements are capitalized along with the associated interest cost during construction. The cost of assets sold or retired, and the accumulated depreciation or amortization thereon are eliminated from the respective accounts in the year of disposal, and the resulting gain or loss is credited or charged to income. Capitalized interest is recorded as part of the asset to which it relates and is amortized over the asset&#8217;s estimated useful life.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Company renovations at its Fishkill, New York building aggregated $1,194,351 and $5,382,193 for the years ended July 31, 2021 and 2020, respectively, primarily related to tenant improvements for space leased to a community college, new elevators, lobbies, and a fa&#231;ade.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Company renovations at its Jowein building in Brooklyn, New York aggregated $673,867 and $221,442 for the years ended July 31, 2021 and 2020, respectively, primarily related to roof work, new tenant improvements and an elevator upgrade.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Stairwell and sidewalk upgrades at the Company&#8217;s Jamaica, New York building aggregated $241,241 for the year ended July 31, 2021. Elevator upgrade work and new tenant improvements for the year ended July 31, 2020 at the Company&#8217;s Jamaica building were $443,881.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Elevator upgrades aggregated $289,699 for the year ended July 31, 2020 at the Company&#8217;s 9 Bond Street building in Brooklyn, New York.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Impairment</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Company reviews property and equipment and related lease intangibles for possible impairment when certain events or changes in circumstances indicate the carrying amount of the asset may not be recoverable though operations plus estimated disposition proceeds. Events or changes in circumstances that may occur include, but are not limited to, significant changes in real estate market conditions, estimated residual values, and an expectation to sell assets before the end of the previously estimated life. Impairments are measured to the extent the current book value exceeds the estimated fair value of the asset less disposition costs for any assets classified as held for sale. As of July 31, 2021 and 2020, the Company has determined there was no impairment of its property and equipment.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">9</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV STYLE="page-break-before: always"></DIV>
<!--PART 04 -->
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Deferred Charges</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Deferred charges consist principally of costs incurred in connection with the leasing of property to tenants. Such costs are amortized over the related lease periods, ranging from 1 to 21 years, using the straight-line method. If a lease is terminated early, such costs are expensed.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Leases &#8211; Lessor Revenue</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Company accounts for revenue in accordance with Accounting Standards Update (ASU) 2014-09 (Topic 606) Revenue from Contracts with Customers. Rental income is recognized from tenants under executed leases no later than on an established date or on an earlier date if the tenant should commence conducting business. Unbilled receivables are included in accounts receivable and represent the excess of scheduled rental income recognized on a straight-line basis over rental income as it becomes receivable according to the provisions of the lease. The effect of lease modifications that result in rent relief or other credits to tenants, including any retroactive effects relating to prior periods, are recognized in the period when the lease modification is signed. At the time of the lease modification, we assess the realizability of any accrued but unpaid rent and amounts that had been recognized as revenue in prior periods. As lessor, we have elected to combine the lease components (base rent), non-lease components (reimbursements of common area maintenance expenses) and reimbursements of real estate taxes and account for the components as a single lease component in accordance with ASC 842. If the amounts are not determined to be realizable, the accrued but unpaid rent is written off. Accounts receivable are recognized in accordance with lease agreements at its net realizable value. Rental payments received in advance are deferred until earned.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Leases &#8211; Lessee</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Company determines if an arrangement is a lease at inception. With the adoption of ASC 842, operating leases are included in operating lease right-of-use assets and operating lease liabilities on the Company&#8217;s balance sheet.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Operating lease right-of-use assets represent the Company&#8217;s right to use an underlying asset for the lease term and lease liabilities represent the Company&#8217;s obligation to make payments arising from the lease. Operating lease right-of-use assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. As the Company&#8217;s leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. The Company&#8217;s lease terms may include options to extend or terminate the lease when it is reasonably certain the Company will exercise that option. Lease expense for lease payments is recognized on a straight-line basis over the lease term.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Taxes</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Deferred income taxes are provided for the temporary differences between the financial reporting basis and the tax basis of the Company&#8217;s assets and liabilities. Deferred tax assets result principally from the recording of certain accruals, reserves and net operating loss carry forwards which currently are not deductible for tax purposes. Deferred tax liabilities result principally from temporary differences in the recognition of unrealized gains and losses from certain investments and from the use, for tax purposes, of accelerated depreciation. Deferred tax assets and liabilities are offset for each jurisdiction and are presented net on the balance sheet.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The effect on deferred income taxes of a change in tax rates is recognized in income in the period that includes the enactment date. Actual income taxes could vary from these estimates due to future changes in income tax law or results from the final review of tax returns by federal, state or city tax authorities. Financial statement effects on tax positions are recognized in the period in which it is more likely than not that the position will be sustained upon examination, the position is effectively settled or when the statute of limitations to challenge the position has expired. Interest and penalties, if any, related to unrecognized tax benefits are recorded as interest expense and administrative and general expenses, respectively.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Income Per Share of Common Stock</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Income per share has been computed by dividing net income for the year by the weighted average number of shares of common stock outstanding during the year, adjusted for the purchase of treasury stock. Shares used in computing income per share were 2,015,780 in fiscal years 2021 and 2020.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Reclassification</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">As of July 31, 2020, the Company changed its balance sheet presentation from classified to unclassified to more generally conform with norms in the real estate industry. Many of the reclassifications relate to this change in presentation and had no effect on net income or loss.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">10</FONT></P>
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<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Recently adopted accounting standards:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">In February 2016, the FASB issued ASU 2016-02, &#8220;Leases.&#8221; ASU 2016-02 is intended to increase transparency and comparability among organizations in accounting for leasing arrangements. This guidance establishes a right-of-use model that requires a lessee to record a right-of-use asset and a lease liability on the balance sheet for all leases with terms longer than twelve months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. Lessees and lessors are required to disclose qualitative and quantitative information about leasing arrangements to enable a user of the financial statements to assess the amount, timing and uncertainty of cash flows arising from leases.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">In July 2018, the FASB issued ASU No. 2018-10, &#8220;Codification Improvements to Topic 842&#8221;, which provides amendments and clarification to ASU 2016-12 based on the FASB&#8217;s interaction with stakeholders. In July 2018, the FASB issued ASU No. 2018-11 &#8220;Leases (Topic 842): Targeted Improvements&#8221;, which amends Leases (Topic 842) to (i) add an optional transition method that would permit entities to apply the new requirements by recognizing a cumulative-effect adjustment to the opening balance of retained earnings in the year of adoption, and (ii) provide a practical expedient for lessors regarding the separation of the lease and non-lease components of a contract. In December 2018, the FASB issued ASU No. 2018-20, &#8220;Leases (Topic 842) Narrow-Scope Improvement for Lessors,&#8221; which clarifies how to apply the leases standard when accounting for sales taxes and other similar taxes collected from lessees, certain lessor costs, and recognition of variable payments for contracts with lease and non-lease components. In March 2019, the FASB issued ASU 2019-01, &#8220;Leases (Topic 842) Codification Improvements&#8221;, which provides amendments for issues brought to the Board&#8217;s attention through its interactions with stakeholders. The issues identified are as follows: (1) Determining the fair value of the underlying asset by lessors that are not manufacturers or dealers, (2) Presentation on the statement of cash flows-sales-type and direct financing leases, and (3) Transition disclosures related to Topic 250, Accounting Changes and Error Corrections. These standards are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The new standards were adopted by the Company for the fiscal year beginning August 1, 2019. Upon adoption of Topic 842, the Company elected the following practical expedients:</FONT></P>
<TABLE style="LINE-HEIGHT: normal; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD STYLE="vertical-align: top; width: 1%; white-space: nowrap; text-align: right; padding-right: 8pt; padding-left: 15pt"><FONT size=2 face="Times New Roman">1. </FONT></TD>
   <TD VALIGN="TOP" WIDTH="99%" ALIGN="LEFT" STYLE="text-align: justify"><FONT size=2 face="Times New Roman">The Company applied the optional transition method of recognizing a cumulative-effect adjustment to the opening balance of retained earnings in the initial period of adoption. Upon adoption on August 1, 2019, the Company did not have an adjustment to opening retained earnings.</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="vertical-align: top; width: 1%; white-space: nowrap; text-align: right; padding-right: 8pt; padding-left: 15pt"></TD>
   <TD VALIGN="TOP" WIDTH="99%" ALIGN="LEFT" STYLE="text-align: justify">&nbsp;&nbsp;</TD></TR>
<TR vAlign=bottom>
   <TD STYLE="vertical-align: top; width: 1%; white-space: nowrap; text-align: right; padding-right: 8pt; padding-left: 15pt"><FONT size=2 face="Times New Roman">2. </FONT></TD>
   <TD VALIGN="TOP" WIDTH="99%" ALIGN="LEFT" STYLE="text-align: justify"><FONT size=2 face="Times New Roman">As lessee and lessor, the Company has elected not to reassess lease classifications and all leases will continue to be classified as operating leases under the new standard.</FONT></TD></TR></TABLE>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">As a result of the adoption of the new lease accounting guidance, the Company recognized on August 1, 2019:</FONT></P>
<TABLE style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; TEXT-ALIGN: justify" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR>
   <TD style="PADDING-LEFT: 15pt; PADDING-RIGHT: 8pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
   <TD VALIGN="TOP" WIDTH="99%" STYLE="text-align: justify">Operating lease right-of-use assets of $27.1 million.</TD></TR>
<TR>
   <TD vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt"></FONT></TD>
   <TD VALIGN="TOP" WIDTH="99%" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR>
   <TD style="PADDING-LEFT: 15pt; PADDING-RIGHT: 8pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
   <TD VALIGN="TOP" WIDTH="99%" STYLE="text-align: justify">Operating lease liabilities of approximately $17.9 million, based on the net present value of remaining minimum rental payments, discounted using the Company&#8217;s incremental borrowing rate of 3.88%.</TD></TR>
<TR>
   <TD vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt"></FONT></TD>
   <TD VALIGN="TOP" WIDTH="99%" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR>
   <TD style="PADDING-LEFT: 15pt; PADDING-RIGHT: 8pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
   <TD VALIGN="TOP" WIDTH="99%" STYLE="text-align: justify">The initial recording of operating lease right-of-use assets of $27.1 million includes adjustments of approximately $10.2 million primarily relating to building and improvements, net of accumulated depreciation, required pursuant to a ground lease with an affiliate, principally owned by a director of the Company (&#8220;landlord&#8221;). Upon lease termination in 2030, the building and all improvements will be turned over to the landlord as property owner.</TD></TR>
<TR>
   <TD vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt"></FONT></TD>
   <TD VALIGN="TOP" WIDTH="99%" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR>
   <TD style="PADDING-LEFT: 15pt; PADDING-RIGHT: 8pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
   <TD VALIGN="TOP" WIDTH="99%" STYLE="text-align: justify">The initial operating lease liability of $17.9 million includes an adjustment of remaining accrued rent of approximately $.95 million.</TD></TR>
<TR>
   <TD vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt"></FONT></TD>
   <TD VALIGN="TOP" WIDTH="99%" STYLE="text-align: justify">&nbsp;</TD></TR>
<TR>
   <TD style="PADDING-LEFT: 15pt; PADDING-RIGHT: 8pt" vAlign=top width="1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD>
   <TD VALIGN="TOP" WIDTH="99%" STYLE="text-align: justify">The Company&#8217;s lessor accounting remains similar under Topic 842 but updated to align with certain changes to the lessee model and the new revenue recognition standard (ASU 2014-09). Upon adoption of the lease standards on August 1, 2019, changes in accounting for the Company&#8217;s lease revenue as lessor were not significant.</TD></TR></TABLE>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">In April 2020, the FASB issued a Staff Q&amp;A on accounting for leases during the COVID-19 pandemic, focused on the application of lease guidance in ASC Topic 842, Leases (&#8220;ASC 842&#8221;). The Q&amp;A states that it would be acceptable to make a policy election regarding rent concessions resulting from COVID-19, which would not require entities to account for these rent concessions as lease modifications under certain conditions. Entities making the election will continue to recognize rental revenue on a straight-line basis for qualifying concessions. Rent abatements would be recognized as reductions to revenue during the period in which they were granted. Rent deferrals would result in an increase to accounts receivable during the deferral period with no impact on rental revenue recognition. The Company elected this policy for the year ended July 31, 2020. Rent abatements and deferrals resulting from COVID-19 aggregated $22,628 and $245,000 for the year ending July 31, 2021 and $433,517 and $459,429, for the year ending July 31, 2020, respectively.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">11</FONT></P>
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<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">2. MARKETABLE SECURITIES:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">As of July 31, 2021 and 2020, the Company&#8217;s marketable securities were classified as follows:</FONT></P>
<div style="padding-left: 15pt;">
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; width: 73%; text-align: left; text-indent: -15pt"></TD>
   <TD COLSPAN="13" STYLE="width: 13%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">July 31, 2021</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD COLSPAN="13" STYLE="width: 13%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">July 31, 2020</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; width: 73%; text-align: left; text-indent: -15pt"></TD>
   <TD width="2%" colSpan=2 noWrap align=center></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;</TD>
   <TD width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Gross</FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;</TD>
   <TD width="4%" colSpan=4 noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman">Gross</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;</TD>
   <TD width="2%" colSpan=2 noWrap align=center></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;</TD>
   <TD width="2%" colSpan=2 noWrap align=center></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Gross</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="4%" colSpan=4 noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman">Gross</FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;</TD>
   <TD width="2%" colSpan=2 noWrap align=center></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; width: 73%; text-align: left; text-indent: -15pt"></TD>
   <TD width="2%" colSpan=2 noWrap align=center></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Unrealized</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="4%" colSpan=4 noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman">Unrealized</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Fair</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="2%" colSpan=2 noWrap align=center></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;</TD>
   <TD width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Unrealized</FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;</TD>
   <TD width="4%" colSpan=4 noWrap align=center><B><FONT size=1 face="Times New Roman">Unrealized</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Fair</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; width: 73%; text-align: left; text-indent: -15pt"></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Cost</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Gains</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="4" STYLE="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman">Losses</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Value</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Cost</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Gains</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="4" STYLE="width: 4%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman"></FONT></B><B><FONT size=1 face="Times New Roman">Losses</FONT></B> <B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Value</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; width: 73%; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Available-for-sale:</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD WIDTH="1%" NOWRAP ALIGN="LEFT" STYLE="text-align: right"></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD WIDTH="1%" NOWRAP ALIGN="LEFT" STYLE="text-align: right"></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD WIDTH="1%" NOWRAP ALIGN="LEFT" STYLE="text-align: right"></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD WIDTH="1%" NOWRAP ALIGN="LEFT" STYLE="text-align: right"></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD WIDTH="1%" NOWRAP ALIGN="LEFT" STYLE="text-align: right"></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD WIDTH="1%" NOWRAP ALIGN="LEFT" STYLE="text-align: right"></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD WIDTH="1%" NOWRAP ALIGN="LEFT" STYLE="text-align: right"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 30pt; width: 73%; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Mutual funds</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD WIDTH="1%" NOWRAP ALIGN="RIGHT" STYLE="text-align: right"><FONT size=2 face="Times New Roman">984,869</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD WIDTH="1%" NOWRAP ALIGN="CENTER" STYLE="text-align: right"><FONT size=2 face="Times New Roman">619,972</FONT></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD WIDTH="1%" NOWRAP ALIGN="CENTER" STYLE="text-align: right"><FONT size=2 face="Times New Roman">1,604,841</FONT></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD WIDTH="1%" NOWRAP ALIGN="RIGHT" STYLE="text-align: right"><FONT size=2 face="Times New Roman">1,077,493</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD WIDTH="1%" NOWRAP ALIGN="CENTER" STYLE="text-align: right"><FONT size=2 face="Times New Roman">297,064</FONT></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD WIDTH="1%" NOWRAP ALIGN="LEFT" STYLE="text-align: right"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD WIDTH="1%" NOWRAP ALIGN="CENTER" STYLE="text-align: right"><FONT size=2 face="Times New Roman">1,374,557</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 30pt; width: 73%; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Corporate equity</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD WIDTH="1%" NOWRAP ALIGN="LEFT" STYLE="text-align: right"></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD WIDTH="1%" NOWRAP ALIGN="LEFT" STYLE="text-align: right"></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD WIDTH="1%" NOWRAP ALIGN="LEFT" STYLE="text-align: right"></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD WIDTH="1%" NOWRAP ALIGN="LEFT" STYLE="text-align: right"></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD WIDTH="1%" NOWRAP ALIGN="LEFT" STYLE="text-align: right"></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD WIDTH="1%" NOWRAP ALIGN="LEFT" STYLE="text-align: right"></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD WIDTH="1%" NOWRAP ALIGN="LEFT" STYLE="text-align: right"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="background-color: Silver; padding-left: 45pt; width: 73%; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">securities</FONT></TD>
   <TD STYLE="background-color: Silver; width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="background-color: Silver; border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">1,355,961</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></TD>
   <TD STYLE="background-color: Silver; width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="background-color: Silver; border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">940,291</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></TD>
   <TD STYLE="background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="background-color: Silver; width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="background-color: Silver; width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></TD>
   <TD STYLE="background-color: Silver; width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="background-color: Silver; border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">2,296,252</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; background-color: Silver"></TD>
   <TD STYLE="background-color: Silver; width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="background-color: Silver; border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">1,553,275</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></TD>
   <TD STYLE="background-color: Silver; width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="background-color: Silver; border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">823,010</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></TD>
   <TD STYLE="background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="background-color: Silver; width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="background-color: Silver; border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">5,937</FONT></TD>
   <TD STYLE="background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></TD>
   <TD STYLE="background-color: Silver; width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="background-color: Silver; border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">2,370,348</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
   <TD STYLE="padding-left: 15pt; width: 73%; text-align: left; text-indent: -15pt"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">2,340,830</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">1,560,263</FONT></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">3,901,093</FONT></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">2,630,768</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">1,120,074</FONT></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; border-bottom: Black 1.5pt double; text-align: right"><FONT size=2 face="Times New Roman">5,937</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">3,744,905</FONT></TD></TR></TABLE></div>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Investment income for the years ended July 31, 2021 and 2020 consists of the following:</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" BORDER="0" ALIGN="CENTER" STYLE="line-height: 14pt; border-collapse: collapse; width: 60%">

<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; text-align: left; text-indent: -15pt"></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; width: 95%; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Interest income</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">850</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">20,446</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Dividend income</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">98,915</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">96,569</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Gain on sale of marketable securities</FONT></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">73,783</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">28,546</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 30pt; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Total</FONT></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">173,548</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">145,561</FONT></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">3. LONG-TERM DEBT&#8212;MORTGAGES:</FONT></B></P>
<TABLE CELLSPACING="0" CELLPADDING="0" BORDER="0" STYLE="line-height: 14pt; border-collapse: collapse; width: 80%">

<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; text-align: left; text-indent: -15pt"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD COLSPAN="7" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Years Ended July 31,</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; width: 89%; text-align: left; text-indent: -15pt"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Current</FONT></B></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; text-align: left; text-indent: -15pt"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Annual</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Final</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; text-align: left; text-indent: -15pt"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Interest</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Payment</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; text-align: left; text-indent: -15pt"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Rate</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Date</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><FONT size=1 face="Times New Roman"><B>2021</B></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><FONT size=1 face="Times New Roman"><B>2020</B></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Mortgage:</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 30pt; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Bond St. land and building, Brooklyn, NY (1)</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">4.375%</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">12/1/2024</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">3,817,450</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">4,829,832</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 30pt; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Fishkill land and building (2)</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">3.980%</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">4/1/2025</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">3,832,182</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">3,967,100</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 30pt; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Deferred financing costs</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">(130,855</FONT></TD>
   <TD STYLE="vertical-align: top; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">(168,967</FONT></TD>
   <TD STYLE="vertical-align: top; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 45pt; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Total</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">7,518,777</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">8,627,965</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; text-align: left; text-indent: -15pt">&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" BORDER="0" STYLE="line-height: normal; border-collapse: collapse; width: 100%">

<TR vAlign=bottom>
   <TD STYLE="vertical-align: top; width: 1%; text-align: right; padding-right: 8pt"><FONT size=2 face="Times New Roman">(1) </FONT></TD>
   <TD STYLE="vertical-align: top; width: 99%; text-align: justify"><FONT size=2 face="Times New Roman">In November 2019, the Company refinanced the remaining balance of a $6,000,000, 3.54% interest rate loan with another bank for $5,255,920 plus an additional $144,080 for a total of $5,400,000. The interest rate on the new loan is fixed at 4.375%. The loan is self-liquidating over a period of five years and secured by the Nine Bond Street land and building in Brooklyn, New York.</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt"></TD>
   <TD STYLE="vertical-align: top; text-align: left">&nbsp;</TD></TR>
<TR vAlign=bottom>
   <TD STYLE="vertical-align: top; text-align: right; padding-right: 8pt"><FONT size=2 face="Times New Roman">(2) </FONT></TD>
   <TD STYLE="vertical-align: top; text-align: justify"><FONT size=2 face="Times New Roman">In March 2020, the Company obtained a loan with a bank in the amount of $4,000,000 to finance renovations and brokerage commissions relating to space leased to a community college at the Fishkill, New York building. The loan is secured by the Fishkill, New York land and building; amortized over a 20-year period with an interest rate of 3.98% and is due in five years.</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt"></TD>
   <TD STYLE="vertical-align: top; text-align: left">&nbsp;</TD></TR>
<TR vAlign=bottom>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt"></TD>
   <TD STYLE="vertical-align: top; text-align: left"><FONT size=2 face="Times New Roman">Maturities of long-term mortgages outstanding at July 31, 2021 are as follows:</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="vertical-align: top; text-align: left; padding-right: 8pt"></TD>
   <TD STYLE="vertical-align: top; text-align: left">&nbsp;</TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" BORDER="0" ALIGN="CENTER" STYLE="line-height: 14pt; border-collapse: collapse; width: 60%">

<TR vAlign=bottom>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Year Ended July 31:</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Amount</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 96%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">2022</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">1,198,600</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">2023</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">1,252,196</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">2024</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">1,308,071</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">2025</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">3,890,765</FONT></TD>
   <TD STYLE="white-space: nowrap; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Subtotal</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">7,649,632</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Deferred financing costs</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">(130,855</FONT></TD>
   <TD STYLE="white-space: nowrap; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Total</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">7,518,777</FONT></TD>
   <TD STYLE="white-space: nowrap; white-space: nowrap; text-align: left"></TD></TR></TABLE>

<P STYLE="text-indent: 17pt; text-align: justify"><FONT size=2 face="Times New Roman">The carrying value of the property collateralizing the above debt is $33,528,932 at July 31, 2021.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">12</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">4. NOTE PAYABLE:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">In April 2020, the Company obtained a $722,726 loan, with an interest rate of .98% per annum, issued by a bank through the Small Business Administration&#8217;s (&#8220;SBA&#8221;) Paycheck Protection Program (&#8220;PPP&#8221;) under Division A. Title I of the Coronavirus Aid, Relief, and Economic Security Act (&#8220;CARES Act&#8217;&#8217;). On May 26, 2021, the SBA authorized full forgiveness of the Company&#8217;s PPP loan in the amount of $722,726, plus accrued interest. Such proceeds were recorded as a full reduction of the note payable and extinguishment of debt income in the year ending July 31, 2021.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">5. OPERATING LEASES:</FONT></B></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Lessor</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Company leases office and retail space to tenants under operating leases in commercial buildings. The rental terms range from approximately 5 to 49 years. The leases provide for the payment of fixed base rent payable monthly in advance as well as reimbursements of real estate taxes and common area costs. The Company has elected to account for lease revenues and the reimbursements of common area costs as a single component included as rental income in our consolidated statements of operations.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The following table disaggregates the Company&#8217;s revenues by lease and non-lease components:</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" BORDER="0" ALIGN="CENTER" STYLE="line-height: 14pt; border-collapse: collapse; width: 80%">

<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; text-align: left; text-indent: -15pt"></TD>
   <TD COLSPAN="5" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Years Ended July 31,</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; text-align: left; text-indent: -15pt"></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; width: 95%; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Base rent - fixed</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">18,355,925</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">17,392,398</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Reimbursements of common area costs</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">751,618</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">781,119</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Non-lease components (real estate taxes)</FONT></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">1,105,336</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">1,358,329</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Rental income</FONT></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">20,212,879</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">19,531,846</FONT></TD></TR></TABLE>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Rental income for each of the fiscal years 2021 and 2020 is as follows:</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" BORDER="0" ALIGN="CENTER" STYLE="line-height: 14pt; border-collapse: collapse; width: 60%">

<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; text-align: left; text-indent: -15pt"></TD>
   <TD COLSPAN="5" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Years Ended July 31,</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; text-align: left; text-indent: -15pt"></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; width: 95%; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Minimum rentals</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 30pt; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Company owned property</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">11,798,456</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">10,940,491</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 30pt; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Leased property</FONT></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">6,557,469</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">6,451,907</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; text-align: left; text-indent: -15pt"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">18,355,925</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">17,392,398</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Contingent rentals</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 30pt; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Company owned property</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">1,237,614</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">1,454,827</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 30pt; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Leased property</FONT></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">619,340</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">684,621</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; text-align: left; text-indent: -15pt"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">1,856,954</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">2,139,448</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 45pt; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Total</FONT></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">20,212,879</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">19,531,846</FONT></TD></TR></TABLE>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Future minimum non-cancelable rental income for leases with initial or remaining terms of one year or more is as follows:</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" BORDER="0" ALIGN="CENTER" STYLE="line-height: 14pt; border-collapse: collapse; width: 80%">

<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"></TD>
   <TD STYLE="white-space: nowrap; text-align: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD COLSPAN="2" STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Company</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD COLSPAN="2" STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD COLSPAN="2" STYLE="white-space: nowrap; text-align: center"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD COLSPAN="2" STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Owned</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="2" STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Leased</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="2" STYLE="white-space: nowrap; text-align: center"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="border-bottom: Black 1pt solid; padding-left: 15pt; white-space: nowrap; text-align: center; text-indent: -15pt"><B><FONT size=1 face="Times New Roman">Year Ended July 31,</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Property</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Property</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Total</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; width: 90%; white-space: nowrap; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">2022</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">11,118,307</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">4,934,146</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">16,052,453</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">2023</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">9,790,555</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">3,252,460</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">13,043,015</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">2024</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">7,779,932</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">2,968,843</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">10,748,775</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">2025</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">7,411,636</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">2,583,441</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">9,995,077</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">2026</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">6,562,590</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">2,448,958</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">9,011,548</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">After 2026</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">33,453,204</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">7,336,769</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">40,789,973</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 30pt; white-space: nowrap; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Total</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">76,116,224</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">23,524,617</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">99,640,841</FONT></TD></TR></TABLE>

<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">13</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Lessee</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Company&#8217;s real estate operations include leased properties under long-term, non-cancelable operating lease agreements. The leases expire at various dates through 2073, including options to extend or terminate the lease when it is reasonably certain the Company will exercise that option. Certain leases provide for increases in future minimum annual rental payments as defined in the lease agreements.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Effective April 1, 2020, four of the Company&#8217;s property leases were extended. The effect of these lease extensions on the measurement of operating lease right-of-use assets, liabilities and rent expense follows:</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" BORDER="0" ALIGN="CENTER" STYLE="line-height: 14pt; border-collapse: collapse; width: 80%">

<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"></TD>
   <TD COLSPAN="2" STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Operating</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD COLSPAN="2" STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Operating</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD COLSPAN="2" STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Monthly</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"></TD>
   <TD COLSPAN="2" STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Lease Right-</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="2" STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Lease</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="2" STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Rent</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">of-Use-Asset</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Liability</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Expense</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; width: 92%; white-space: nowrap; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Upon initial adoption, August 1, 2019</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">27,104,937</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">17,863,507</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">249,955</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">After various lease extensions through April 30, 2020</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">37,698,819</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">29,326,365</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">277,570</FONT></TD></TR></TABLE>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Operating lease costs for leased real property was exceeded by sublease rental income from the Company&#8217;s real estate operations as follows:</FONT></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD width="93%" noWrap align=left></TD>
   <TD COLSPAN="7" STYLE="width: 7%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><FONT size=1 face="Times New Roman"><B>Years Ended July 31,</B></FONT></TD></TR>
<TR vAlign=bottom>
   <TD width="93%" noWrap align=left></TD>
   <TD COLSPAN="3" STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><FONT size=1 face="Times New Roman"><B>2021</B></FONT></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD COLSPAN="3" STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><FONT size=1 face="Times New Roman"><B>2020</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="93%" noWrap align=left><FONT size=2 face="Times New Roman">Sublease income</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">7,176,809</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">7,136,528</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR vAlign=bottom>
   <TD width="93%" noWrap align=left><FONT size=2 face="Times New Roman">Operating lease cost</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">(4,767,660</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">(4,517,273</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="93%" noWrap align=left><FONT size=2 face="Times New Roman">Excess of sublease income over lease cost</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">2,409,149</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">2,619,255</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR></TABLE>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">As of July 31, 2021, our operating leases had a weighted average remaining lease term of 17.37 years and a weighted average discount rate of 2.87%.</FONT></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD width="95%" noWrap align=left></TD>
   <TD COLSPAN="5" STYLE="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Years Ended July 31,</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD width="95%" noWrap align=left></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">Other information:</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR vAlign=bottom>
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">Operating cash flows from operating leases</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">2,024,246</FONT></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">1,931,545</FONT></TD></TR></TABLE>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The following is a maturity analysis of the annual undiscounted cash flows of the operating lease liabilities as of July 31, 2021:</FONT></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD width="95%" noWrap align=left></TD>
   <TD width="5%" colSpan=3 noWrap align=center><B><FONT size=1 face="Times New Roman">Operating</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="95%" noWrap align=left><FONT style="border-bottom: Black 1pt solid; padding-bottom: 1pt;" size=2 face="Times New Roman">Year ended July 31</FONT></TD>
   <TD COLSPAN="3" STYLE="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Leases</FONT></B></TD></TR>
<TR STYLE="background-color: Silver; vertical-align: bottom">
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">2022</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">2,116,363</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">2023</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">2,132,944</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="background-color: Silver; vertical-align: bottom">
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">2024</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">2,150,128</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">2025</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">2,167,284</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="background-color: Silver; vertical-align: bottom">
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">2026</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">2,223,672</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">Thereafter</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">25,327,631</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="background-color: Silver; vertical-align: bottom">
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">Total undiscounted cash flows</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="3%" noWrap align=right><FONT size=2 face="Times New Roman">36,118,022</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">Less: present value discount</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">(8,277,092</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="background-color: Silver; vertical-align: bottom">
   <TD width="95%" noWrap align=left><FONT size=2 face="Times New Roman">Total Lease Liabilities</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 3%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">27,840,930</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"></TD></TR></TABLE>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">6. INCOME TAX:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Income taxes provided for the years ended July 31, 2021 and 2020 consist of the following:</FONT></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD STYLE="width: 93%; white-space: nowrap; text-align: left; padding-left: 15pt; text-indent: -15pt"></TD>
   <TD COLSPAN="3" STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><FONT size=1 face="Times New Roman"><B>2021</B></FONT></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD COLSPAN="3" STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><FONT size=1 face="Times New Roman"><B>2020</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 93%; white-space: nowrap; text-align: left; padding-left: 15pt; text-indent: -15pt"><FONT size=2 face="Times New Roman">Current:</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 93%; white-space: nowrap; text-align: left; padding-left: 30pt; text-indent: -15pt"><FONT size=2 face="Times New Roman">Federal</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 93%; white-space: nowrap; text-align: left; padding-left: 15pt; text-indent: -15pt"><FONT size=2 face="Times New Roman">Deferred taxes (benefit):</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 93%; white-space: nowrap; text-align: left; padding-left: 30pt; text-indent: -15pt"><FONT size=2 face="Times New Roman">Federal</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">(108,000</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">(247,000</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 93%; white-space: nowrap; text-align: left; padding-left: 30pt; text-indent: -15pt"><FONT size=2 face="Times New Roman">State</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">(51,000</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">(108,000</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 93%; white-space: nowrap; text-align: left; padding-left: 15pt; text-indent: -15pt"><FONT size=2 face="Times New Roman">Income tax provision (benefit)</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">(159,000</FONT></TD>
   <TD STYLE="padding-bottom: 1pt; width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1.5pt double"><FONT size=2 face="Times New Roman">(355,000</FONT></TD>
   <TD STYLE="padding-bottom: 1pt; width: 1%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">)</FONT></TD></TR></TABLE>

<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">14</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV STYLE="page-break-before: always"></DIV>
<!--PART 05 -->
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Taxes provided for the years ended July 31, 2021 and 2020 differ from amounts which would result from applying the federal statutory tax rate to pre-tax income, as follows:</FONT></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR style="LINE-HEIGHT: normal;" vAlign=bottom>
   <TD width="92%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Income (loss) before income taxes </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">239,032</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">(1,261,005</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Paycheck Protection Program Loan Forgiveness </FONT></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">(722,726</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Other-net </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">(21,690</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">(16,158</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Adjusted pre-tax income (loss)</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">(505,384</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">(1,277,163</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Statutory rate </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">21.00</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">%</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">21.00</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Income tax provision (benefit) at statutory rate </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">(106,131</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">(268,204</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">State deferred income taxes (benefit)</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">(51,000</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">(108,000</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Other-net </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">(1,869</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">21,204</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Income tax provision (benefit) </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">(159,000</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">(355,000</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR></TABLE>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Company has a federal net operating loss carryforward approximating $10,341,000 and $8,404,000 as of July 31, 2021 and July 31, 2020, respectively, available to offset future taxable income. As of July 31, 2021 and 2020, the Company had unused state and city net operating loss carryforwards of approximately $12,293,000 and $10,526,000, for state, respectively, and $8,274,000 for city, available to offset future taxable income. The net operating loss carryforwards will begin to expire, if not used, in 2035.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">New York State and New York City taxes are calculated using the higher of taxes based on income or the respective capital-based franchise taxes. Beginning with the Company&#8217;s tax year ended July 31, 2016, changes in the law required the state capital-based tax will be phased out over a 7-year period. New York City taxes will be based on capital for the foreseeable future. Capital-based franchise taxes are recorded to administrative and general expense. State tax amounts in excess of the capital-based franchise taxes are recorded to income tax expenses. Due to both the application of the capital-based tax and due to the possible absence of city taxable income, the Company does not record city deferred taxes.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Generally, tax returns filed are subject to audit for three years by the appropriate taxing jurisdictions. The statute of limitations in each of the state jurisdictions in which the Company operates remain open until the years are settled for federal income tax purposes, at which time amended state income tax returns reflecting all federal income tax adjustments are filed. As of July 31, 2021, there were no income tax audits in progress that would have a material impact on the consolidated financial statements.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Significant components of the Company&#8217;s deferred tax assets and liabilities as of July 31, 2021 and 2020 are a result of temporary differences related to the items described as follows:</FONT></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD width="88%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD COLSPAN="5" STYLE="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD COLSPAN="5" STYLE="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD></TR>
<TR style="LINE-HEIGHT: normal;" vAlign=bottom>
   <TD STYLE="white-space: nowrap; width: 88%; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; width: 1%; text-align: left"></TD>
   <TD COLSPAN="2" STYLE="white-space: nowrap; width: 2%; text-align: center"><B><FONT size=1 face="Times New Roman">Deferred</FONT></B></TD>
   <TD STYLE="white-space: nowrap; width: 1%; text-align: center"></TD>
   <TD COLSPAN="2" STYLE="white-space: nowrap; width: 2%; text-align: center"><B><FONT size=1 face="Times New Roman">Deferred</FONT></B></TD>
   <TD STYLE="white-space: nowrap; width: 1%; text-align: center"></TD>
   <TD COLSPAN="2" STYLE="white-space: nowrap; width: 2%; text-align: center"><B><FONT size=1 face="Times New Roman">Deferred</FONT></B></TD>
   <TD STYLE="white-space: nowrap; width: 1%; text-align: center"></TD>
   <TD COLSPAN="2" STYLE="white-space: nowrap; width: 2%; text-align: center"><B><FONT size=1 face="Times New Roman">Deferred</FONT></B></TD></TR>
<TR style="LINE-HEIGHT: normal;" vAlign=bottom>
   <TD STYLE="white-space: nowrap; width: 88%; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; width: 1%; text-align: left"></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; width: 2%; text-align: center"><B><FONT size=1 face="Times New Roman">Tax Assets</FONT></B></TD>
   <TD STYLE="white-space: nowrap; width: 1%; text-align: center"></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; width: 2%; text-align: center"><B><FONT size=1 face="Times New Roman">Tax Liabilities</FONT></B></TD>
   <TD STYLE="white-space: nowrap; width: 1%; text-align: center"></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; width: 2%; text-align: center"><B><FONT size=1 face="Times New Roman">Tax Assets</FONT></B></TD>
   <TD STYLE="white-space: nowrap; width: 1%; text-align: center"></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; width: 2%; text-align: center"><B><FONT size=1 face="Times New Roman">Tax Liabilities</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Rental income received in advance </FONT></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">148,033</FONT></TD>
   <TD width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD WIDTH="1%" NOWRAP STYLE="text-align: right; vertical-align: bottom"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">175,145</FONT></TD>
   <TD width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Anticipated PPP loan expenses to be forgiven </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">199,390</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Operating lease liabilities </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">7,680,923</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">8,013,099</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Federal net operating loss carryforward </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">2,171,510</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1,764,769</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">State net operating loss carryforward </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">809,951</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">693,541</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Unbilled receivables </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">569,029</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">412,343</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Property and equipment </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">4,963,194</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">4,671,246</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Unrealized gain on marketable securities </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">430,455</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">307,375</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Operating lease right-of-use assets</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">9,536,322</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">10,229,036</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Other </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">106,583</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">33,056</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="88%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">10,917,000</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="vertical-align: bottom; width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">15,499,000</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">10,879,000</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;$</FONT></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">15,620,000</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Net deferred tax liability</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="vertical-align: bottom; width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">4,582,000</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">4,741,000</FONT></TD></TR></TABLE>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Management periodically assesses the realization of its net deferred tax assets by evaluating all available evidence, both positive and negative, associated with the Company and determining whether, based on the weight of that associated evidence, a valuation allowance for the deferred tax assets is needed. Based on this analysis, management has determined that it is more likely than not that future taxable income will be sufficient to fully utilize the federal and state deferred tax assets at July 31, 2021.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">15</FONT></P>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Components of the deferred tax provision (benefit) for the years ended July 31, 2021 and 2020 consist of the following:</FONT></P>
<div align="center">
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="80%" border=0>

<TR style="LINE-HEIGHT: normal;" vAlign=bottom>
   <TD width="90%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD COLSPAN="2" STYLE="width: 3%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD>
   <TD width="1%" noWrap align=right>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="90%" noWrap align=left><FONT size=2 face="Times New Roman">Book depreciation exceeding (less than) tax depreciation</FONT></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">291,723</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="2%" noWrap align=right><FONT size=2 face="Times New Roman">(1,691,703</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="90%" noWrap align=left><FONT size=2 face="Times New Roman">Increase in reserve for bad debts </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">(65,109</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="2%" noWrap align=right><FONT size=2 face="Times New Roman">(17,220</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="90%" noWrap align=left><FONT size=2 face="Times New Roman">Lease expense per book in excess of cash paid </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">(360,537</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="2%" noWrap align=right><FONT size=2 face="Times New Roman">2,477,725</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="90%" noWrap align=left><FONT size=2 face="Times New Roman">Federal net operating loss carryforward </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">(406,742</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="2%" noWrap align=right><FONT size=2 face="Times New Roman">(924,647</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="90%" noWrap align=left><FONT size=2 face="Times New Roman">State net operating loss carryforward </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">(116,410</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="2%" noWrap align=right><FONT size=2 face="Times New Roman">(22,687</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="90%" noWrap align=left><FONT size=2 face="Times New Roman">Decrease of rental income received in advance </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">27,111</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="2%" noWrap align=right><FONT size=2 face="Times New Roman">39,637</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="90%" noWrap align=left><FONT size=2 face="Times New Roman">Anticipated PPP loan expenses to be forgiven </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">199,390</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="2%" noWrap align=right><FONT size=2 face="Times New Roman">(199,390</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="90%" noWrap align=left><FONT size=2 face="Times New Roman">Increase (decrease) in unbilled receivables </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">156,686</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="2%" noWrap align=right><FONT size=2 face="Times New Roman">(47,962</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="90%" noWrap align=left><FONT size=2 face="Times New Roman">Other </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">114,888</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 2%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">31,247</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="90%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">(159,000</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 2%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">(355,000</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR></TABLE></div>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">7. EMPLOYEES&#8217; RETIREMENT PLANS:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Company sponsors a non-contributory Money Purchase Plan covering substantially all of its non-union employees. Operations were charged $441,512 and $424,401 as contributions to the Plan for fiscal years 2021 and 2020, respectively.</FONT></P>
<P style="TEXT-ALIGN: justify"></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">MULTI-EMPLOYER PLAN:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Company contributes to a union sponsored multi-employer pension plan covering its union employees. The Company contributions to the pension plan for the years ended July 31, 2021 and 2020 were $64,771 and $59,434, respectively. Contributions and costs are determined in accordance with the provisions of negotiated labor contracts or terms of the plans. The Company also contributes to union sponsored health benefit plans.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">CONTINGENT LIABILITY FOR PENSION PLANS:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Information as to the Company&#8217;s portion of accumulated plan benefits and plan assets is not reported separately by the pension plan. Under the Employee Retirement Income Security Act, upon withdrawal from a multi-employer benefit plan, an employer is required to continue to pay its proportionate share of the plan&#8217;s unfunded vested benefits, if any. Any liability under this provision cannot be determined: however, the Company has not made a decision to withdraw from the plan.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Information for contributing employer&#8217;s participation in the multi-employer plan:</FONT></B></P>
<div align="center">
<TABLE style="LINE-HEIGHT: normal; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="80%" border=0>

<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD WIDTH="50%" STYLE="text-align: left; vertical-align: bottom"></TD>
   <TD vAlign=top width="1%" align=left></TD>
   <TD WIDTH="49%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">United Food and Commercial Workers</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD WIDTH="50%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">Legal name of Plan:</FONT></TD>
   <TD vAlign=top width="1%" align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD WIDTH="49%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">Local 888 Pension Fund</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD WIDTH="50%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">Employer identification number:</FONT></TD>
   <TD vAlign=top width="1%" align=left></TD>
   <TD WIDTH="49%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">13-6367793</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD WIDTH="50%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">Plan number:</FONT></TD>
   <TD vAlign=top width="1%" align=left></TD>
   <TD WIDTH="49%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">001</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD WIDTH="50%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">Date of most recent Form 5500:</FONT></TD>
   <TD vAlign=top width="1%" align=left></TD>
   <TD WIDTH="49%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">December 31, 2019</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD WIDTH="50%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">Certified zone status:</FONT></TD>
   <TD vAlign=top width="1%" align=left></TD>
   <TD WIDTH="49%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">Critical and declining status</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD WIDTH="50%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">Status determination date:</FONT></TD>
   <TD vAlign=top width="1%" align=left></TD>
   <TD WIDTH="49%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">January 1, 2019</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="width: 50%; padding-left: 15pt; text-align: left; vertical-align: bottom; text-indent: -15pt"><FONT size=2 face="Times New Roman">Plan used extended amortization provisions in status calculation:</FONT></TD>
   <TD vAlign=top width="1%" align=left></TD>
   <TD WIDTH="49%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">Yes</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD WIDTH="50%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">Minimum required contribution:</FONT></TD>
   <TD vAlign=top width="1%" align=left></TD>
   <TD WIDTH="49%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">Yes</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="width: 50%; padding-left: 15pt; text-align: left; vertical-align: bottom; text-indent: -15pt"><FONT size=2 face="Times New Roman">Employer contributing greater than 5% of Plan contributions for year ended December 31, 2019:</FONT></TD>
   <TD vAlign=top width="1%" align=left></TD>
   <TD WIDTH="49%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">Yes</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD WIDTH="50%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">Rehabilitation plan implemented:</FONT></TD>
   <TD vAlign=top width="1%" align=left></TD>
   <TD WIDTH="49%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">Yes</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD WIDTH="50%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">Employer subject to surcharge:</FONT></TD>
   <TD vAlign=top width="1%" align=left></TD>
   <TD WIDTH="49%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">Yes</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD WIDTH="50%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">Contract expiration date:</FONT></TD>
   <TD vAlign=top width="1%" align=left></TD>
   <TD WIDTH="49%" STYLE="text-align: left; vertical-align: bottom"><FONT size=2 face="Times New Roman">November 30, 2022</FONT></TD></TR></TABLE></div>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">For the plan years 2019-2022, under the pension fund&#8217;s rehabilitation plan, the Company agreed to pay a minimum contribution rate equal to 9.1% of the prior year total contribution rate. The Company has 29 employees and has a contract, expiring November 30, 2022, with a union covering rates of pay, hours of employment and other conditions of employment for approximately 21% of its employees. The Company considers that its labor relations with its employees and union are good.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">16</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">8. CASH FLOW INFORMATION:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">For purposes of reporting cash flows, the Company considers cash equivalents to consist of short-term highly liquid investments with maturities of three months or less, which are readily convertible into cash. The following is a reconciliation of the Company&#8217;s cash and cash equivalents and restricted cash to the total presented on the consolidated statement of cash flows:</FONT></P>
<div align="center">
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="60%" border=0>

<TR style="LINE-HEIGHT: normal;" vAlign=bottom>
   <TD width="94%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD COLSPAN="5" STYLE="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">July 31</FONT></B></TD></TR>
<TR style="LINE-HEIGHT: normal;" vAlign=bottom>
   <TD width="94%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="94%" noWrap align=left><FONT size=2 face="Times New Roman">Cash and cash equivalents </FONT></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1,552,389</FONT></TD>
   <TD width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">3,260,135</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="94%" noWrap align=left><FONT size=2 face="Times New Roman">Restricted cash, tenant security deposits </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">783,470</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">794,151</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="94%" noWrap align=left><FONT size=2 face="Times New Roman">Restricted cash, escrow </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">71,720</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">321,675</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="94%" noWrap align=left><FONT size=2 face="Times New Roman">Restricted cash, other </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">27,140</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">27,840</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="94%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">2,434,719</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">4,403,801</FONT></TD></TR></TABLE></div>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Amounts in restricted cash primarily consist of cash held in bank accounts for tenant security deposits, amounts set aside in accordance with certain loan agreements, and security deposits with landlords and utility companies.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Supplemental disclosure:</FONT></P>
<div align="center">
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="60%" border=0>

<TR style="LINE-HEIGHT: normal;" vAlign=bottom>
   <TD STYLE="width: 92%; text-align: left"></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD COLSPAN="6" STYLE="width: 6%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">July 31,</FONT></B></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR style="LINE-HEIGHT: normal;" vAlign=bottom>
   <TD STYLE="width: 92%; text-align: left"></TD>
   <TD width="1%" noWrap align=left></TD>

   <TD COLSPAN="2" STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>

   <TD COLSPAN="2" STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 92%; text-align: left"><FONT size=2 face="Times New Roman">Cash Flow Information</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD></TR>

<TR STYLE="vertical-align: bottom">
   <TD STYLE="padding-left: 30pt; width: 92%; text-align: left; text-indent: -15pt"><FONT size=2 face="Times New Roman">Interest paid, net of capitalized interest of $115,415 (2021), and $112,074 (2020) </FONT></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">272,070</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">153,107</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; width: 92%; text-align: left"><FONT size=2 face="Times New Roman">Income tax (refunded)</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">(23,040</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">(23,041</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR>
   <TD STYLE="width: 92%"></TD>
   <TD width="1%"></TD>
   <TD width="1%" align=right>&nbsp;</TD>
   <TD width="1%">&nbsp;</TD>
   <TD width="1%">&nbsp;</TD>
   <TD width="1%"></TD>
   <TD width="1%" align=right>&nbsp;</TD>
   <TD width="1%">&nbsp;</TD>
   <TD width="1%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 92%; text-align: left"><FONT size=2 face="Times New Roman">Non-cash information</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="text-indent: -15pt; padding-left: 30pt; width: 92%; text-align: left"><FONT size=2 face="Times New Roman">Recognition of operating lease right-of-use assets</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">39,464,411</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="padding-left: 15pt; width: 92%; text-align: left"><FONT size=2 face="Times New Roman">Recognition of operating lease liabilities </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">30,222,981</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="padding-left: 15pt; width: 92%; text-align: left"><FONT size=2 face="Times New Roman">Mortgage refinance </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">5,255,920</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR></TABLE></div>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">9. FINANCIAL INSTRUMENTS AND CREDIT RISK CONCENTRATIONS:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The following disclosure of estimated fair value was determined by the Company using available market information and appropriate valuation methods. Considerable judgment is necessary to develop estimates of fair value. The estimates presented herein are not necessarily indicative of the amounts that could be realized upon disposition of the financial instruments.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Company estimates the fair value of its financial instruments using the following methods and assumptions: (i) quoted market prices, when available, are used to estimate the fair value of investments in marketable debt and equity securities; (ii) discounted cash flow analyses are used to estimate the fair value of long-term debt, using the Company&#8217;s estimate of current interest rates for similar debt; and (iii) carrying amounts in the balance sheet approximate fair value for cash and cash equivalents, restricted cash, and tenant security deposits due to their high liquidity.</FONT></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR style="LINE-HEIGHT: normal;" vAlign=bottom>
   <TD width="88%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD COLSPAN="5" STYLE="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">July 31, 2021</FONT></B></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD COLSPAN="5" STYLE="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">July 31, 2020</FONT></B></TD></TR>
<TR style="LINE-HEIGHT: normal;" vAlign=bottom>
   <TD width="88%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Carrying</FONT></B></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Fair</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Carrying</FONT></B></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Fair</FONT></B></TD></TR>
<TR style="LINE-HEIGHT: normal;" vAlign=bottom>
   <TD width="88%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Value</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Value</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Value</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Value</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Cash and cash equivalents </FONT></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1,552,389</FONT></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1,552,389</FONT></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">3,260,135</FONT></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">3,260,135</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Marketable securities </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">3,901,093</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">3,901,093</FONT></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">3,744,905</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">3,744,905</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Restricted cash </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">882,330</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">882,330</FONT></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1,143,666</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1,143,666</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Mortgages and note payable </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">7,649,632</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">8,088,201</FONT></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">9,519,658</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">9,915,121</FONT></TD></TR></TABLE>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Financial instruments that are potentially subject to concentrations of credit risk consist principally of marketable securities, restricted cash, cash and cash equivalents, and receivables. Marketable securities, restricted cash, cash and cash equivalents are placed with multiple financial institutions and instruments to minimize risk. No assurance can be made that such financial institutions and instruments will minimize all such risk.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">As of July 31, 2021, five tenants accounted for approximately 65.70% and in 2020, four tenants accounted for approximately 54.97% of receivables, respectively. During the year ended July 31, 2021, two tenants accounted for 29.91% and in 2020, three tenants accounted for 43.65% of total rental revenue, respectively.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">17</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">10. DEFERRED CHARGES:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Deferred charges for the fiscal years ended July 31, 2021 and 2020 consist of the following:</FONT></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR style="LINE-HEIGHT: normal;" vAlign=bottom>
   <TD width="88%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD COLSPAN="5" STYLE="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">July 31, 2021</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD COLSPAN="5" STYLE="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">July 31, 2020</FONT></B></TD></TR>
<TR style="LINE-HEIGHT: normal;" vAlign=bottom>
   <TD width="88%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Gross</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="2%" colSpan=2 noWrap align=center></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Gross</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="2%" colSpan=2 noWrap align=center></TD></TR>
<TR style="LINE-HEIGHT: normal;" vAlign=bottom>
   <TD width="88%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Carrying</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Accumulated</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Carrying</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">Accumulated</FONT></B></TD></TR>
<TR style="LINE-HEIGHT: normal;" vAlign=bottom>
   <TD width="88%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Amount</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Amortization</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Amount</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Amortization</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Leasing brokerage commissions </FONT></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">5,266,672</FONT></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1,579,460</FONT></TD>
   <TD width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">4,204,638</FONT></TD>
   <TD width="1%" noWrap align=center>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1,281,010</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Professional fees for leasing </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">127,810</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">75,779</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">151,704</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">88,684</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><FONT size=2 face="Times New Roman">Total</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">5,394,482</FONT></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">1,655,239</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">4,356,342</FONT></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">1,369,694</FONT></TD></TR></TABLE>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The aggregate amortization expense for the periods ended July 31, 2021 and July 31, 2020 were $385,967, and $297,887, respectively.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The weighted average life of current year additions to deferred charges was fourteen years.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The estimated aggregate amortization expense for each of the five succeeding fiscal years is as follows:</FONT></P>
<div align="center">
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="60%" border=0>

<TR style="LINE-HEIGHT: normal;" vAlign=bottom>
   <TD STYLE="vertical-align: bottom; width: 98%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Year Ended July 31</FONT></B></TD>
   <TD WIDTH="1%" NOWRAP STYLE="text-align: center; vertical-align: bottom"></TD>
   <TD STYLE="vertical-align: bottom; width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Amortization</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="98%" noWrap align=left><FONT size=2 face="Times New Roman">2022</FONT></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">$427,013</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="98%" noWrap align=left><FONT size=2 face="Times New Roman">2023</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">$425,017</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="98%" noWrap align=left><FONT size=2 face="Times New Roman">2024</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">$394,396</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="98%" noWrap align=left><FONT size=2 face="Times New Roman">2025</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">$352,943</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="98%" noWrap align=left><FONT size=2 face="Times New Roman">2026</FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=center><FONT size=2 face="Times New Roman">$333,292</FONT></TD></TR></TABLE></div>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">11. RELATED PARTY TRANSACTIONS:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Company has two operating leases with Weinstein Enterprises, Inc. (&#8220;Landlord&#8221;), an affiliated company, principally owned by the Chairman of the Board of Directors of both the Company and Landlord. One lease is for building, improvements, and land (Premises&#8221;) located at Jamaica Avenue at 169<SUP>th </SUP>Street, Jamaica, New York. Another lease is for Premises located at 504-506 Fulton Street, Brooklyn, New York.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Rent payments and expense relating to these two operating leases with Landlord follow:</FONT></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR style="LINE-HEIGHT: normal;" vAlign=bottom>
   <TD width="88%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD COLSPAN="5" STYLE="width: 5%; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Rent Payments</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD COLSPAN="5" STYLE="width: 5%; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Rent Expense</FONT></B></TD></TR>
<TR style="LINE-HEIGHT: normal;" vAlign=bottom>
   <TD width="88%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD COLSPAN="5" STYLE="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Year Ended July 31</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD COLSPAN="5" STYLE="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Year Ended July 31</FONT></B></TD></TR>
<TR style="LINE-HEIGHT: normal;" vAlign=bottom>
   <TD STYLE="width: 88%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Property</FONT></B></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Jamaica Avenue at 169<SUP>th </SUP>Street </FONT></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">624,994</FONT></TD>
   <TD width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">624,994</FONT></TD>
   <TD width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1,517,437</FONT></TD>
   <TD width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1,582,344</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">504-506 Fulton Street </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">362,256</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">362,256</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">350,438</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">350,437</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Total </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">987,250</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">987,250</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">1,867,875</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">1,932,781</FONT></TD></TR></TABLE>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The following summarizes assets and liabilities related to these two leases:</FONT></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR style="LINE-HEIGHT: normal;" vAlign=bottom>
   <TD width="86%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="5%" colSpan=5 noWrap align=center><B><FONT size=1 face="Times New Roman">Right-Of-Use Assets</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="5%" colSpan=5 noWrap align=center><B><FONT size=1 face="Times New Roman">Liabilities</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR style="LINE-HEIGHT: normal;" vAlign=bottom>
   <TD width="86%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD COLSPAN="5" STYLE="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">July 31</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD COLSPAN="5" STYLE="width: 5%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">July 31</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR style="LINE-HEIGHT: normal;" vAlign=bottom>
   <TD STYLE="width: 86%; white-space: nowrap; text-align: left; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Property</FONT></B></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD COLSPAN="2" STYLE="width: 2%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD>
   <TD width="1%" noWrap align=center></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Expiration Date</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="86%" noWrap align=left><FONT size=2 face="Times New Roman">Jamaica Avenue at 169<SUP>th </SUP>Street </FONT></TD>
   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">12,842,642</FONT></TD>
   <TD width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">13,190,809</FONT></TD>
   <TD width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">4,959,450</FONT></TD>
   <TD width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">5,084,505</FONT></TD>
   <TD width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right><B><FONT size=2 face="Times New Roman">May 31, 2030</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="86%" noWrap align=left><FONT size=2 face="Times New Roman">504-506 Fulton Street </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">2,831,134</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">2,890,056</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">2,946,306</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">3,008,181</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right><B><FONT size=2 face="Times New Roman">April 30, 2031</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="86%" noWrap align=left><FONT size=2 face="Times New Roman">Total </FONT></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">15,673,776</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">16,080,865</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">7,905,756</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">8,092,686</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="1%" noWrap align=right></TD></TR></TABLE>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Upon termination of the Jamaica, New York lease in 2030, all premises included in operating lease right-of-use assets plus leasehold improvements will be turned over to the Landlord.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">18</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">12. CAPITALIZATION:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Company is capitalized entirely through common stock with identical voting rights and rights to liquidation. Treasury stock is recorded at cost and consists of 162,517 shares at July 31, 2021 and at July 31, 2020.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">13. CONTINGENCIES:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">There are various other lawsuits and claims pending against the Company. It is the opinion of management that the resolution of these matters will not have a material adverse effect on the Company&#8217;s Consolidated Financial Statements.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">If the Company sells, transfers, disposes of or demolishes 25 Elm Place, Brooklyn, New York, then the Company may be liable to create a condominium unit for the loading dock. The necessity of creating the condominium unit and the cost of such condominium unit cannot be determined at this time.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">19</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV STYLE="page-break-before: always"></DIV>
<!--PART 06 -->
<P style="TEXT-ALIGN: right"><B><FONT size=2 face="Times New Roman">SCHEDULE </FONT></B><B><FONT size=2 face="Times New Roman">III</FONT></B></P>
<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">J.W. </FONT></B><B><FONT size=2 face="Times New Roman">MAYS, </FONT></B><B><FONT size=2 face="Times New Roman">INC. <BR>REAL </FONT></B><B><FONT size=2 face="Times New Roman">ESTATE </FONT></B><B><FONT size=2 face="Times New Roman">AND </FONT></B><B><FONT size=2 face="Times New Roman">ACCUMULATED DEPRECIATION<BR></FONT></B><B><FONT size=2 face="Times New Roman">July 31, 2021</FONT></B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" BORDER="0" STYLE="line-height: 12.5pt; border-collapse: collapse; width: 100%">

<TR vAlign=bottom>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Col. A</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Col. B</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD COLSPAN="5" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Col. C</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD COLSPAN="6" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Col. D</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD COLSPAN="8" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Col. E</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Col. F</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Col. G</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Col. H</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Col. I</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="white-space: nowrap; text-align: left"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD COLSPAN="2" STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD COLSPAN="5" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Initial Cost to Company</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD COLSPAN="6" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Cost Capitalized<BR>Subsequent to<BR>Acquisition</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD COLSPAN="8" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Gross Amount at Which Carried<BR>At Close of Period</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD COLSPAN="2" STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD ROWSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Life on Which<BR>Depreciation in<BR>Latest Income<BR>Statement is<BR>Computed</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Description</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;</FONT></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Encumbrances</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;</FONT></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Land</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;</FONT></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Building &amp;<BR>Improvements</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;</FONT></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Improvements</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;</FONT></TD>
   <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Carried<BR>Cost</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;</FONT></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Land</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;</FONT></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Building &amp;<BR>Improvements</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;</FONT></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Total</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;</FONT></TD>
   <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Accumulated<BR>Depreciation</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;</FONT></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Date of<BR>Construction</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;</FONT></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><B><FONT size=1 face="Times New Roman">Date<BR>Acquired</FONT></B></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="white-space: nowrap; text-align: left; width: 67%"><FONT size=2 face="Times New Roman">Office and Rental Buildings</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left; width: 1%"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left; width: 1%">&nbsp;&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left; width: 1%"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="vertical-align: middle; white-space: nowrap; text-align: right"></TD>
    <TD>&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: left; width: 1%"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left">&nbsp;&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left; width: 1%"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left; width: 1%"></TD>
   <TD STYLE="white-space: nowrap; text-align: left; width: 1%"></TD>
   <TD STYLE="white-space: nowrap; text-align: left; width: 1%"></TD>
   <TD STYLE="white-space: nowrap; text-align: left; width: 1%"></TD>
   <TD STYLE="white-space: nowrap; text-align: left; width: 1%"></TD>
   <TD STYLE="white-space: nowrap; text-align: left; width: 1%"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brooklyn, New York</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="vertical-align: middle; white-space: nowrap; text-align: right"></TD>
    <TD>&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fulton Street at Bond Street</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">&nbsp;$</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">3,817,450</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">3,901,349</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"><FONT size=2 face="Times New Roman">7,403,468</FONT></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">24,346,123</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right">&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: right">&nbsp;<FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right; vertical-align: middle"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
    <TD>&nbsp;&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: left">&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">3,901,349</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">31,749,591</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">35,650,940</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">14,787,673</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">Various</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">Various</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">(1)(2)</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Jamaica, New York Jamaica</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="vertical-align: middle; white-space: nowrap; text-align: right"></TD>
    <TD>&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avenue at 169th Street</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">474,359</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right; vertical-align: middle"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
    <TD>&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">474,359</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">474,359</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">82,307</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">1959</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">1959</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">(3)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Fishkill, New York Route 9 at</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="vertical-align: middle; white-space: nowrap; text-align: right"></TD>
    <TD>&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interstate Highway 84</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">3,832,182</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">594,723</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">7,212,116</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">14,609,761</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right; vertical-align: middle"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
    <TD>&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">594,723</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">21,821,877</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">22,416,600</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">9,750,935</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">10/74</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">11/72</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">(1)</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Brooklyn, New York Jowein</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="vertical-align: middle; white-space: nowrap; text-align: right"></TD>
    <TD>&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Building Fulton Street and</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="vertical-align: middle; white-space: nowrap; text-align: right"></TD>
    <TD>&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Elm Place</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">1,324,957</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">728,327</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">17,179,497</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right; vertical-align: middle"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
    <TD>&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">1,324,957</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">17,907,824</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">19,232,781</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">6,786,738</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">1915</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">1950</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">(1)(2)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Levittown, New York</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="vertical-align: middle; white-space: nowrap; text-align: right"></TD>
    <TD>&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hempstead Turnpike</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">125,927</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right; vertical-align: middle"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
    <TD>&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">125,927</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">125,927</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">4/69</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">6/62</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">(1)</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Circleville, Ohio Tarlton Road</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">120,849</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">4,388,456</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">86,520</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; vertical-align: middle; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"> </TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">120,849</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">4,474,976</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">4,595,825</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">3,140,543</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">9/92</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">12/92</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">(1)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Total(A)</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">7,649,632</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">6,067,805</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">19,732,367</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left">&nbsp;</TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">56,696,260</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; vertical-align: middle; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double">&nbsp;</TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">6,067,805</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">76,428,627</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">82,496,432</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">34,548,196</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD>
   <TD STYLE="white-space: nowrap; text-align: center"></TD></TR></TABLE>
<DIV><FONT style="font-size:7.5pt">&nbsp;</FONT></DIV>
<TABLE style="LINE-HEIGHT:11pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD STYLE="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(1)</FONT></TD>
   <TD vAlign=top width="2%" noWrap align=left><FONT size=2 face="Times New Roman">Building and improvements </FONT></TD>
   <TD vAlign=top width="97%" align=left><FONT size=2 face="Times New Roman">18&#8211;40 years</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(2)</FONT></TD>
   <TD vAlign=top width="2%" noWrap align=left><FONT size=2 face="Times New Roman">Improvements to leased property&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></TD>
   <TD vAlign=top width="97%" align=left><FONT size=2 face="Times New Roman">3&#8211;40 years</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(3)</FONT></TD>
   <TD VALIGN="TOP" WIDTH="99%" COLSPAN="2" ALIGN="LEFT" STYLE="text-align: justify"><FONT size=2 face="Times New Roman">The initial recording of operating lease right-of-use assets of $27.1 million includes adjustments of approximately $10.2 million primarily relating to building and improvements, net of accumulated depreciation, required pursuant to a ground lease with an affiliate, principally owned by a director of the Company (&#8220;landlord&#8221;). Upon lease termination in 2030, the building and all improvements will be turned over to the landlord as property owner (See Notes 1 and 11 to the Accompanying Consolidated Financial Statements). Leasehold improvements are amortized over the life of the lease.</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(A)</FONT></TD>
   <TD VALIGN="TOP" WIDTH="99%" COLSPAN="2" ALIGN="LEFT" STYLE="text-align: justify"><FONT size=2 face="Times New Roman">Does not include Office Furniture and Equipment and Transportation Equipment in the amount of $363,428 and Accumulated Depreciation thereon of $245,262 at July 31, 2021.</FONT></TD></TR></TABLE>
<DIV><FONT style="font-size:7.5pt">&nbsp;</FONT></DIV>
<TABLE style="WIDTH: 40%; LINE-HEIGHT: 12.5pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 border=0>

<TR vAlign=bottom>
   <TD width="33%" noWrap align=left></TD>
   <TD width="34%" noWrap align=left></TD>
   <TD COLSPAN="6" STYLE="width: 33%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">Year Ended July 31,</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD width="33%" noWrap align=left></TD>
   <TD width="34%" noWrap align=left></TD>
   <TD COLSPAN="2" STYLE="width: 11%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD width="10%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD COLSPAN="3" STYLE="width: 12%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="33%" noWrap align=left><B><FONT size=2 face="Times New Roman">Investment in Real Estate</FONT></B></TD>
   <TD width="34%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="2%" noWrap align=right></TD>
   <TD width="9%" noWrap align=left></TD>
   <TD width="10%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="10%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="33%" noWrap align=left><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Balance at Beginning of Year</FONT></TD>
   <TD width="34%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="2%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="9%" noWrap align=right><FONT size=2 face="Times New Roman">80,286,244</FONT></TD>
   <TD width="10%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="10%" noWrap align=right><FONT size=2 face="Times New Roman">96,333,110</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="33%" noWrap align=left><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Improvements</FONT></TD>
   <TD width="34%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="2%" noWrap align=right></TD>
   <TD width="9%" noWrap align=right><FONT size=2 face="Times New Roman">2,210,188</FONT></TD>
   <TD width="10%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="10%" noWrap align=right><FONT size=2 face="Times New Roman">5,840,914</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="33%" noWrap align=left><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Retirements</FONT></TD>
   <TD width="34%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 2%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 9%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="10%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 10%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">(21,887,780</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="33%" noWrap align=left><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Balance at End of Year</FONT></TD>
   <TD width="34%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 2%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 9%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">82,496,432</FONT></TD>
   <TD width="10%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 10%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">80,286,244</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="33%" noWrap align=left><B><FONT size=2 face="Times New Roman">Accumulated Depreciation</FONT></B></TD>
   <TD width="34%" noWrap align=left><B><FONT size=2 face="Times New Roman"></FONT></B></TD>
   <TD width="2%" noWrap align=right></TD>
   <TD width="9%" noWrap align=left></TD>
   <TD width="10%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="10%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="33%" noWrap align=left><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Balance at Beginning of Year</FONT></TD>
   <TD width="34%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="2%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="9%" noWrap align=right><FONT size=2 face="Times New Roman">32,805,218</FONT></TD>
   <TD width="10%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD width="10%" noWrap align=right><FONT size=2 face="Times New Roman">43,310,270</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="33%" noWrap align=left><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Additions Charged to Costs and Expenses</FONT></TD>
   <TD width="34%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="2%" noWrap align=right></TD>
   <TD width="9%" noWrap align=right><FONT size=2 face="Times New Roman">1,742,978</FONT></TD>
   <TD width="10%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD width="10%" noWrap align=right><FONT size=2 face="Times New Roman">1,626,230</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: Silver">
   <TD width="33%" noWrap align=left><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Retirements</FONT></TD>
   <TD width="34%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 2%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 9%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">&#8212;</FONT></TD>
   <TD width="10%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 10%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">(12,131,282</FONT></TD>
   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD width="33%" noWrap align=left><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Balance at End of Year</FONT></TD>
   <TD width="34%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 2%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 9%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">34,548,196</FONT></TD>
   <TD width="10%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 10%; white-space: nowrap; text-align: right; border-bottom: Black 2pt double"><FONT size=2 face="Times New Roman">32,805,218</FONT></TD>
   <TD width="1%" noWrap align=left></TD></TR></TABLE>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">20</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">J.W. MAYS, INC.</FONT></B></P>
<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">REPORT OF MANAGEMENT</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Management is responsible for the preparation and reliability of the financial statements and the other financial information in this Annual Report. Management has established systems of internal control over financial reporting designed to provide reasonable assurance that the financial records used for preparing financial statements are reliable and reflect the transactions of the Company and that established policies and procedures are carefully followed. The Company reviews, modifies and improves its system of internal controls in response to changes in operations.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Board of Directors, acting through the Audit Committee, which is comprised solely of independent directors who are not employees of the Company, oversees the financial reporting process. The financial statements have been prepared in accordance with accounting standards generally accepted in the United States of America and include amounts based on judgments and estimates made by management. Actual results could differ from estimated amounts.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">To ensure complete independence, Prager Metis CPA&#8217;s, LLC, the independent registered public accounting firm, has full and free access to meet with the Audit Committee, without management representatives present, to discuss results of the audit, the adequacy of internal controls and the quality of financial reporting.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">21</FONT></P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</FONT></B></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">To the Board of Directors and Shareholders <BR>J.W. Mays, Inc. and Subsidiaries</FONT></P>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Opinion on the Consolidated Financial Statements</FONT></B></P>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">We have audited the accompanying consolidated balance sheets of J.W. Mays, Inc. and Subsidiaries (the &#8220;Company&#8221;) as of July 31, 2021 and 2020 and the related consolidated statements of operations, changes in shareholders equity and cash flows for the years ended July 31, 2021 and 2020, and the related notes and financial statement schedules (collectively referred to as the &#8220;consolidated financial statements&#8221;). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of July 31, 2021 and 2020, and the results of its operations and its cash flows for each of the years ended July 31, 2021 and 2020, in conformity with accounting principles generally accepted in the United States of America.</FONT></P>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Basis for Opinion</FONT></B></P>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">These consolidated financial statements are the responsibility of the Company&#8217;s management. Our responsibility is to express an opinion on the Company&#8217;s consolidated financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.</FONT></P>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audit, we are required to obtain an understanding of internal control over financial reporting, but not for the purpose of expressing an opinion on the effectiveness of the Company&#8217;s internal control over financial reporting. Accordingly, we express no such opinion.</FONT></P>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Our audits included performing procedures to assess the risks of material misstatement of the consolidated financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. We believe that our audit provides a reasonable basis for our opinion.</FONT></P>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Critical Audit Matter</FONT></B></P>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The critical audit matter communicated below is a matter arising from the current period audit of the financial statements that were communicated or required to be communicated to the audit committee and that: (1) relate to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective or complex judgments. The communication of the critical audit matter does not alter in any way our opinion on the consolidated financial statements, taken as a whole, and we are not, by communicating the critical audit matter below, providing separate opinions on the critical audit matters or on the accounts or disclosures to which it relates.</FONT></P>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Impairment</FONT></B></P>

<P style="TEXT-ALIGN: justify"><I><FONT size=2 face="Times New Roman">Critical Audit Matter Description</FONT></I></P>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">As described in Note 1 to the consolidated financial statements, the Company reviews its real estate investments for potential impairment when certain events or changes in circumstances indicate the carrying amount may not be recoverable. Those events and circumstances include, but are not limited to, significant changes in real estate market conditions, estimated residual values, and an expectation to sell assets before the end of the previously estimated life. In evaluating real estate investments for indicators of impairment, management considers undiscounted future cash flows, including the residual value of the real estate, with the carrying amount of the individual asset. Considering estimated future cash flows requires management to make assumptions about the probabilities of various outcomes relating to market conditions, estimated holding periods, capitalization rates, and potential proceeds if a property was sold. We identified the evaluation of impairment of real estate investments as a critical audit matter.</FONT></P>

<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">22</FONT></P>

<HR align=center width="100%" noShade size="2">



<DIV style="PAGE-BREAK-BEFORE: always"></DIV>



<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The principal consideration for our determination that the evaluation of impairment was a critical audit matter was a higher risk of estimation uncertainty due to sensitivity of management judgments not only regarding indicators of impairment but also regarding estimates and assumptions utilized in considering cash flows for cost recoverability and making fair value measurements.</FONT></P>

<P style="TEXT-ALIGN: justify"><I><FONT size=2 face="Times New Roman">How the Critical Audit Matter was addressed in Our Audit</FONT></I></P>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Our audit procedures related to the evaluation of impairment included the following, among others. We tested the design and operating effectiveness of relevant controls over the evaluation of potential real estate investment impairments, such as controls over the Company&#8217;s monitoring of the real estate investment portfolio, controls over the Company&#8217;s consideration of future cash flows, and controls over the Company&#8217;s estimates of fair value. In consideration of impairment indicator criteria established in management&#8217;s accounting policies over impairment, we evaluated the completeness of the population of properties requiring further analysis. We examined and evaluated the Company&#8217;s undiscounted cash flows and estimates of fair value over properties identified for potential impairment. We evaluated the reasonableness of the methods and significant assumptions used, including probabilities of outcomes, holding periods, capitalization rates, and potential proceeds if a property was sold. We evaluated these items in comparison with historical performance of the impacted properties and with comparable observable market data. Our assessment included evaluation of these assumptions, and we considered whether such assumptions were consistent with evidence obtained in other areas of the audit.</FONT></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">/s/ Prager Metis CPAs, LLC</FONT></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">We have served as the Company&#8217;s auditor since 2020.</FONT></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">Hackensack, NJ <BR>October 21, 2021</FONT></P>

<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">23</FONT></P>

<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">J.W. MAYS, INC.</FONT></B></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">MANAGEMENT&#8217;S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations should be read in conjunction with our consolidated financial statements and related notes thereto contained in this report. In this discussion, the words &#8220;Company&#8221;, &#8220;we&#8221;, &#8220;our&#8221; and &#8220;us&#8221; refer to J.W. Mays, Inc. and subsidiaries.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">FORWARD LOOKING STATEMENTS</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The following can be interpreted as including forward-looking statements under the Private Securities Litigation Reform Act of 1995. The words &#8220;outlook&#8221;, &#8220;intend&#8221;, &#8220;plans&#8221;, &#8220;efforts&#8221;, &#8220;anticipates&#8221;, &#8220;believes&#8221;, &#8220;expects&#8221; or words of similar import typically identify such statements. Various important factors that could cause actual results to differ materially from those expressed in the forward-looking statements are identified under the heading &#8220;Cautionary Statement Regarding Forward-Looking Statements&#8221; below. Our actual results may vary significantly from the results contemplated by these forward-looking statements based on a number of factors including, but not limited to, availability of labor, marketing success, competitive conditions and the change in economic conditions of the various markets we serve.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">THE IMPACT OF COVID-19 ON OUR RESULTS AND OPERATIONS</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">In late 2019, an outbreak of COVID-19 emerged and by March 11, 2020 was declared a global pandemic by The World Health Organization. Throughout the United States and locally, governments and municipalities instituted measures in an effort to control the spread of COVID-19, including quarantines, shelter-in-place orders, school closings, travel restrictions and the closure of non-essential businesses. By the end of March 2020, the economic impacts became significant for the remainder of the year ended July 31, 2020.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Beginning March 2020 and continuing through July 2021, we experienced an increase in late payments due to the impact of COVID-19 and the related reductions in economic activity from government mandated business disruptions and shelter -in- place orders. The effects of COVID-19 on our tenants have been reflected in our allowance for credit losses for accounts receivable. In limited circumstances, we have agreed to rent abatements and deferrals for certain tenants. We also continue to experience volatility in the valuation of our equity investments through July 31, 2021.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Looking ahead, the full impact of COVID-19 on our business is unknown and highly unpredictable. Our past results may not be indicative of our future performance and historical trends in revenues, income from operations, net income, earnings per share, cash provided by operating activities, among others, may differ materially. For example, to the extent the pandemic continues to disrupt economic activity nationally and in New York, NY, like other businesses, it could adversely affect our business operations and financial results through prolonged decreases in revenue, credit deterioration of our tenants, depressed economic activity, or declines in capital markets. In addition, many of our expenses are less variable in nature and may not correlate to changes in revenues. The extent of the impact will depend on a number of factors, including the duration and severity of the pandemic; distribution of vaccines; and the macroeconomic impact of government measures to contain the spread of the virus and related government stimulus measures.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">CRITICAL ACCOUNTING POLICIES AND ESTIMATES</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Critical accounting policies are defined as those most important to the portrayal of a company&#8217;s financial condition and results and require the most difficult, subjective or complex judgments. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires us to make estimates and judgments that affect the reported amounts of assets and liabilities at the date of the financial statements, the reported amount of revenues, and expenses during the reporting period and related disclosure of contingent assets and liabilities. We believe the critical accounting policies in Note 1 affect our more significant judgments and estimates used in the preparation of our financial statements. Estimates are based on historical experience, where applicable or other assumptions that management believes are reasonable under the circumstances. We have identified the policies described below as our critical accounting policies. Actual results may differ from these estimates under different assumptions and conditions. Recently adopted accounting standards and recently issued accounting standards not yet adopted are also disclosed in Note 1.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">24</FONT></P>
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<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">As of July 31, 2020, the impact of COVID-19 continues to unfold. As a result, many of our estimates and assumptions required increased judgment and carry a higher degree of variability and volatility. As events continue to evolve and as additional information becomes available, our estimates may change materially in future periods.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Receivables</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Generally, rent is due from tenants at the beginning of the month in accordance with terms of each lease. Based upon its periodic assessment of the quality of the receivables, management uses its historical knowledge of the tenants and industry experience to determine whether a reserve or write-off is required. The Company uses specific identification to write-off receivables to bad debt expense in the period when issues of collectability become known.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Marketable securities</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">We invest in mutual funds with our extra available cash. The mutual funds are valued daily by the funds based on the assets included within the funds. Our mutual fund investments are recorded in the consolidated financial statements at the daily value established by the mutual funds and we can liquidate our investments at any time. Our investments in corporate equity securities are valued at prices established on the various stock exchanges. We can liquidate these investments at any time. Our investment valuations are subject to market fluctuations and can substantially change in value at any time.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Property and equipment</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Property and equipment are stated at cost and depreciated over the shorter of the asset&#8217;s useful life or the life of the lease. Capital improvements no longer in use are written off. Management reviews the value of the properties for significant decreases in valuation. If any significant decreases in valuation are noted, the adjustment is recorded in the financial statements.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Deferred charges</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Deferred charges consist principally of costs incurred in connection with the leasing of property to tenants. Such costs are amortized over the related lease periods, ranging from 4 to 21 years, using the straight-line method. If a lease is terminated early, such costs are expensed.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Leases - Lessor Revenue Recognition</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Company accounts for revenue in accordance with Accounting Standards Update (ASU) 2014-09 (Topic 606) Revenue from Contracts with Customers. Rental income is recognized from tenants under executed leases no later than on an established date or on an earlier date if the tenant should commence conducting business. The effect of lease modifications that result in rent relief or other credits to tenants are recognized in the period when the lease modification is signed. If the amounts are not determined to be realizable, the accrued but unpaid rent is written off. Accounts receivable are recognized in accordance with lease agreements at its net realizable value. Rental payments received in advance are deferred until earned. As explained in the recently adopted accounting standards section of Note 1, we have made the policy election available to us based on the Financial Accounting Standards Board&#8217;s guidance for leases during COVID-19, which allows us to continue recognizing rental revenue for rent deferral agreements and to recognize rent abatements as a reduction of revenue in the period granted.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Leases &#8211; Lessee</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Company determines if an arrangement is a lease at inception. With the adoption of ASC 842, operating leases are included in operating lease right-of-use assets and operating lease liabilities on the Company&#8217;s balance sheet. Operating lease right-of-use assets represent the Company&#8217;s right to use an underlying asset for the lease term and lease liabilities represent the Company&#8217;s obligation to make payments arising from the lease. Operating lease right-of-use assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term.</FONT></P>
<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman">Taxes</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Our income tax accrual takes into effect taxes that are currently payable, based on our income tax returns filed, and taxes that will be payable in the future based on income earned in the current year that is not taxable until future events occur offset by expenses incurred in the current year that are not deductible until future events occur. Tax audits increase or decrease the amounts currently payable based on the results of the audits. The tax provision is an estimate and can change at any time due to changes in tax laws and tax rates.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">25</FONT></P>
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<P style="text-align: justify"><B><FONT size=2 face="Times New Roman">FISCAL 2021 COMPARED TO FISCAL 2020</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Net income for the year ended July 31, 2021 amounted to $398,032 or $.20 per share, compared to net loss for the year ended July 31, 2020 of $(906,005), or $(.45) per share.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Revenues in the current year increased to $20,212,879 from $19,531,846 in the comparable 2020 year primarily due to rent from two new tenants, increased rent from existing tenants, partially offset by a decrease in rent from an existing tenant that surrendered part of their space.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Real estate operating expenses in the current year increased to $14,306,967 from $14,024,623 in the comparable 2020 year primarily due to:</FONT></P>
<TABLE style="LINE-HEIGHT: normal; BORDER-COLLAPSE: COLLAPSE; font-size: 9.5pt" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD STYLE="vertical-align: top; width: 1%; white-space: nowrap; text-align: justify; padding-right: 8pt; padding-left: 15pt"><FONT size=2 face="Times New Roman">1) </FONT></TD>
   <TD vAlign=top width="99%" noWrap align=left><FONT size=2 face="Times New Roman">Increases in real estate taxes,</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="vertical-align: top; white-space: nowrap; text-align: justify; padding-right: 8pt; padding-left: 15pt">&nbsp;</TD>
   <TD STYLE="vertical-align: top; white-space: nowrap; text-align: justify">&nbsp;</TD></TR>
<TR vAlign=bottom>
   <TD STYLE="vertical-align: top; width: 1%; white-space: nowrap; text-align: justify; padding-right: 8pt; padding-left: 15pt"><FONT size=2 face="Times New Roman">2) </FONT></TD>
   <TD vAlign=top width="99%" noWrap align=left><FONT size=2 face="Times New Roman">Increases in rent expense due to the recording of the building right-of-use asset (see notes 1 and 7),</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="vertical-align: top; white-space: nowrap; text-align: justify; padding-right: 8pt; padding-left: 15pt">&nbsp;</TD>
   <TD STYLE="vertical-align: top; white-space: nowrap; text-align: justify">&nbsp;</TD></TR>
<TR vAlign=bottom>
   <TD STYLE="vertical-align: top; width: 1%; white-space: nowrap; text-align: justify; padding-right: 8pt; padding-left: 15pt"><FONT size=2 face="Times New Roman">3) </FONT></TD>
   <TD vAlign=top width="99%" noWrap align=left><FONT size=2 face="Times New Roman">Increases in leasing commissions expense, and</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
   <TD STYLE="vertical-align: top; white-space: nowrap; text-align: justify; padding-right: 8pt; padding-left: 15pt">&nbsp;</TD>
   <TD STYLE="vertical-align: top; white-space: nowrap; text-align: justify">&nbsp;</TD></TR>
<TR vAlign=bottom>
   <TD STYLE="vertical-align: top; width: 1%; white-space: nowrap; text-align: justify; padding-right: 8pt; padding-left: 15pt"><FONT size=2 face="Times New Roman">4) </FONT></TD>
   <TD vAlign=top width="99%" noWrap align=left><FONT size=2 face="Times New Roman">Partially offset by decreases in maintenance costs, and licenses and permits.</FONT></TD></TR></TABLE>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Administrative and general expenses in the current year decreased to $4,958,227 from $5,085,360 in the comparable 2020 year primarily due to a decrease in legal and professional costs, partially offset by an increase in medical costs.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Depreciation expense in the current year increased to $1,785,468 from $1,661,280 in the comparable 2020 year primarily due to additional depreciation from prior year improvements for both the Jamaica and Fishkill New York buildings.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The increase in other income was primarily due to extinguishment of debt income in the amount of $722,726 combined with a change in the fair value of marketable securities. Investment income exceeded interest expense in the current year by $354,169 and interest expense exceeded investment income by $(21,588) in the comparable 2020 year.</FONT></P>
<P style="text-align: justify"><B><FONT size=2 face="Times New Roman">LIQUIDITY AND CAPITAL RESOURCES</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The impact of COVID-19 and the related reductions in economic activity from business disruptions continues as of July 31, 2021. The Company had bad debt expense of $236,000 from August 1, 2020 to July 31 2021. We continue to experience volatility in the valuation of our equity investments through July 31, 2021. To the extent the COVID-19 pandemic continues to disrupt economic activity nationally and in New York, NY, the impact may include increased bad debt expense, lower rental income and occupancy levels at our properties which may result in less cash provided by operating activities. Many of our expenses are less variable in nature and may not correlate to changes in revenues.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">In July 2019, the Company leased 47,000 square feet to a community college at its Fishkill, New York building for a term of fifteen years with two five-year option periods. The tenant took occupancy in June 2020 and commenced payment of rent in September 2020 and brokerage commissions were $448,939. Company renovations at its Fishkill, New York building aggregated $1,194,351 and $5,382,193 for the years ended July 31, 2021 and 2020, respectively, primarily related to tenant improvements for space leased to a community college, new elevators, lobbies, and a fa&#231;ade.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">In August 2020, a retail tenant who occupies 1,810 square feet at the Company&#8217;s Nine Bond Street Brooklyn, New York building extended their lease until August 31, 2025.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">In November 2020, the Company leased 5,300 square feet to a retail tenant at its Nine Bond Street Brooklyn, New York building. The tenant took occupancy in November 2020 and rental payments commenced in January 2021.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">In November 2020, the Company leased 23,000 square feet to an office tenant at its Jowein building in Brooklyn, New York. The cost of renovations for this tenant will be approximately $500,000 and brokerage commissions will be $979,000. Occupancy and rental payments are anticipated in December 2021.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">In November 2020, the Company leased 5,500 square feet to a retail tenant at its Jowein building in Brooklyn, New York. Occupancy and rental payments began in July 2021.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">In December 2020, a tenant, who occupies 84,000 square feet of warehouse space at the Company&#8217;s Circleville, Ohio building, extended their lease for an additional three years to expire October 31, 2024.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">In April 2021, the Company leased 1,600 square feet to a retail tenant at its Nine Bond Street Brooklyn, New York building. Rent will commence in November 2021.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">26</FONT></P>
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<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">In July 2021, the Company leased 2,270 square feet to an office tenant at its Nine Bond Street Brooklyn, New York building. Rent will commence in September 2021. To accommodate this tenant, an existing tenant surrendered 440 square feet.</FONT></P>
<P style="text-align: justify"><B><FONT size=2 face="Times New Roman">CASH FLOWS:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The following table summarizes our cash flow activity for the fiscal years ended July 31, 2021 and 2020:</FONT></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD style="width: 92%" noWrap align=left></TD>
   <TD style="width: 1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" colSpan=3 noWrap align=center><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD style="width: 1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="3%" colSpan=3 noWrap align=center><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Net cash provided by operating activities </FONT></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp; </TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1,068,430</FONT></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=left></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp; </TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1,570,539</FONT></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=left></TD></TR>
<TR vAlign=bottom>
   <TD style="width: 92%" noWrap align=left><FONT size=2 face="Times New Roman">Net cash (used) by investing activities </FONT></TD>
   <TD style="width: 1%" noWrap align=right></TD>
   <TD style="width: 1%" noWrap align=right></TD>
   <TD style="width: 1%" noWrap align=right><FONT size=2 face="Times New Roman">(1,890,212</FONT></TD>
   <TD style="width: 1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD style="width: 1%" noWrap align=right></TD>
   <TD style="width: 1%" noWrap align=right></TD>
   <TD style="width: 1%" noWrap align=right><FONT size=2 face="Times New Roman">(6,462,000</FONT></TD>
   <TD style="width: 1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD></TR>
<TR vAlign=bottom>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="92%" noWrap align=left><FONT size=2 face="Times New Roman">Net cash provided (used) by financing activities </FONT></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">(1,147,300</FONT></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=left><FONT size=2 face="Times New Roman">)</FONT></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">4,031,538</FONT></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=left></TD></TR></TABLE>

<P style="text-align: justify"><B><FONT size=2 face="Times New Roman">CASH FLOWS FROM OPERATING ACTIVITIES:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Deferred Expenses: The Company had an additional $1,138,562 for brokerage commissions incurred from two new tenants at the Company&#8217;s Brooklyn, New York buildings, and two existing tenants at the Company&#8217;s Massapequa, New York and Circleville, Ohio buildings.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Accounts Payable and Accrued Expenses: The Company had a balance due on July 31, 2021 for brokerage commissions of $1,479,279.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Beginning in March 2020 and continuing through July 2020, we experienced an increase in late payments due to the impact of COVID-19 and the related reductions in economic activity from government mandated business disruptions and shelter -in-place orders. The effects of COVID-19 on our tenants have been reflected in our allowance for credit losses for accounts receivable.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">From August 2020 through July 2021, the Company had bad debt expense of $236,000. We continue to experience volatility in the valuation of our equity investments through July 31, 2021. To the extent the COVID-19 pandemic continues to disrupt economic activity nationally and in New York, NY, the impact may include increased bad debt expense, lower rental income and occupancy levels at our properties which may result in less cash provided by operating activities. Many of our expenses are less variable in nature and may not correlate to changes in revenues.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">On May 26, 2021, the Small Business Administration (&#8220;SBA&#8221;) authorized full forgiveness of the Company&#8217;s Paycheck Protection Program (&#8220;PPP&#8221;) loan in the amount of $722,726, plus accrued interest. Such proceeds were recorded as a full reduction of the note payable, extinguishment of debt income and included in operating activities on the statement of cash flows in the year ending July 31, 2021.</FONT></P>
<P style="text-align: justify"><B><FONT size=2 face="Times New Roman">CASH FLOWS FROM INVESTING ACTIVITIES:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Stairwell and sidewalk upgrades at the Company&#8217;s Jamaica, New York building aggregated $241,241 for the year ended July 31, 2021.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Company had expenditures for renovations of $351,810 for a second lobby at its Fishkill, New York building. The total cost was $842,767 and was completed in October 2020. The Company also had expenditures at its Fishkill, New York building of $812,536 for facade work and $30,005 for various other projects for the year ended July 31, 2021.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">At its Jowein building in Brooklyn, New York, the Company had expenditures in the amount of $147,945 for roof work. The Company also had expenditures for renovations for a new tenant in the amount of $495,452. The total cost is estimated to be $500,000 and is anticipated to be completed in October 2021. The Company also had expenditures in the amount of $30,470 for various other improvements for the year ended July 31, 2021.</FONT></P>
<P style="text-align: justify"><B><FONT size=2 face="Times New Roman">CASH FLOWS FROM FINANCING ACTIVITIES:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">In April 2020, the Company obtained a $722,726 loan issued by a bank through the Small Business Administration&#8217;s (&#8220;SBA&#8221;) Paycheck Protection Program (&#8220;PPP&#8221;). On May 26, 2021, the SBA authorized full forgiveness of the Company&#8217;s PPP loan in the amount of $722,726, plus accrued interest. Such proceeds were recorded as a full reduction of the note payable, extinguishment of debt income and included in operating activities on the statement of cash flows in the year ending July 31, 2021.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">27</FONT></P>
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<P style="text-align: justify"><B><FONT size=2 face="Times New Roman">RELATED PARTY TRANSACTIONS:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Company has two operating leases with Weinstein Enterprises, Inc. (&#8220;Landlord&#8221;), an affiliated company, principally owned by the Chairman of the Board of Directors of both the Company and Landlord. One lease is for building, improvements, and land (Premises&#8221;) located at Jamaica Avenue at 169<SUP>th </SUP>Street, Jamaica, New York. Another lease is for Premises located at 504-506 Fulton Street, Brooklyn, New York.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Rent payments and expense relating to these two operating leases with Landlord follow:</FONT></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD style="width: 88%" noWrap align=left></TD>
   <TD style="width: 1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="5%" colSpan=5 noWrap align=center><B><FONT size=1 face="Times New Roman">Rent Payments<BR>Year Ended July 31</FONT></B></TD>
   <TD style="width: 1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="5%" colSpan=5 noWrap align=center><B><FONT size=1 face="Times New Roman">Rent Expense<BR>Year Ended July 31</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="88%" noWrap align=left><B><FONT size=1 face="Times New Roman">Property</FONT></B></TD>
   <TD style="width: 1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD style="width: 1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD>
   <TD style="width: 1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD style="width: 1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Jamaica Avenue at 169<SUP>th </SUP>Street </FONT></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp; </TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">624,994</FONT></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp; </TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">624,994</FONT></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp; </TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1,517,437</FONT></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right>&nbsp;&nbsp;&nbsp;&nbsp; </TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1,582,344</FONT></TD></TR>
<TR vAlign=bottom>
   <TD style="width: 88%" noWrap align=left><FONT size=2 face="Times New Roman">504-506 Fulton Street </FONT></TD>
   <TD style="width: 1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">362,256</FONT></TD>
   <TD style="width: 1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">362,256</FONT></TD>
   <TD style="width: 1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">350,438</FONT></TD>
   <TD style="width: 1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">350,437</FONT></TD></TR>
<TR vAlign=bottom>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="88%" noWrap align=left><FONT size=2 face="Times New Roman">Total </FONT></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">987,250</FONT></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">987,250</FONT></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1,867,875</FONT></TD>
   <TD style="BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c0c0c0" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">1,932,781</FONT></TD></TR></TABLE>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The following summarizes assets and liabilities related to these two leases:</FONT></P>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: COLLAPSE" cellSpacing=0 cellPadding=0 width="100%" border=0>

<TR vAlign=bottom>
   <TD width="86%" noWrap align=left></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="5%" colSpan=5 noWrap align=center><B><FONT size=1 face="Times New Roman">Right-Of-Use Assets<BR>July 31</FONT></B></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="5%" colSpan=5 noWrap align=center><B><FONT size=1 face="Times New Roman">Liabilities<BR>July 31</FONT></B></TD>
   <TD width="1%" noWrap align=left></TD>
   <TD width="1%" noWrap align=left></TD></TR>
<TR vAlign=bottom>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="86%" noWrap align=left><B><FONT size=1 face="Times New Roman">Property</FONT></B></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">2021</FONT></B></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="2%" colSpan=2 noWrap align=center><B><FONT size=1 face="Times New Roman">2020</FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman"></FONT></B></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=center><B><FONT size=1 face="Times New Roman">Expiration Date</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 86%; white-space: nowrap; text-align: left; background-color: Silver"><FONT size=2 face="Times New Roman">Jamaica Avenue at 169<SUP>th </SUP>Street </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver">&nbsp;&nbsp;&nbsp;&nbsp; </TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><FONT size=2 face="Times New Roman">12,842,642</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver">&nbsp;&nbsp;&nbsp;&nbsp; </TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><FONT size=2 face="Times New Roman">13,190,809</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver">&nbsp;&nbsp;&nbsp;&nbsp; </TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; background-color: Silver"><FONT size=2 face="Times New Roman">4,959,450</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver">&nbsp;&nbsp;&nbsp;&nbsp; </TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; background-color: Silver"><FONT size=2 face="Times New Roman">5,084,505</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; background-color: Silver">&nbsp;&nbsp;&nbsp;&nbsp; </TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; background-color: Silver"><B><FONT size=2 face="Times New Roman">May 31, 2030</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD width="86%" noWrap align=left><FONT size=2 face="Times New Roman">504-506 Fulton Street </FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right></TD>
   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="1%" noWrap align=right><FONT size=2 face="Times New Roman">2,831,134</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">2,890,056</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">2,946,306</FONT></TD>
   <TD width="1%" noWrap align=right></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; border-bottom: Black 1pt solid"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: center; border-bottom: Black 1pt solid"><FONT size=2 face="Times New Roman">3,008,181</FONT></TD>
   <TD width="1%" noWrap align=center><B><FONT size=2 face="Times New Roman"></FONT></B></TD>
   <TD width="1%" noWrap align=center><B><FONT size=2 face="Times New Roman">April 30, 2031</FONT></B></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="width: 86%; white-space: nowrap; text-align: left; background-color: Silver"><FONT size=2 face="Times New Roman">Total </FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="background-color: Silver; border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="background-color: Silver; border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">15,673,776</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="background-color: Silver; border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="background-color: Silver; border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">16,080,865</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="background-color: Silver; border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="background-color: Silver; border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">7,905,756</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="background-color: Silver; border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: right"><FONT size=2 face="Times New Roman">$</FONT></TD>
   <TD STYLE="background-color: Silver; border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: center"><FONT size=2 face="Times New Roman">8,092,686</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left; background-color: Silver"></TD></TR></TABLE>

<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Upon termination of the Jamaica, New York lease in 2030, all premises included in operating lease right-of-use assets plus leasehold improvements will be turned over to the Landlord.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">28</FONT></P>
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<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P style="text-align: justify"><B><FONT size=2 face="Times New Roman">CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">This section, Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations, other sections of the Annual Report on Form 10-K and this Annual Report to Shareholders and other reports and verbal statements made by our representatives from time to time may contain forward-looking statements that are based on our assumptions, expectations and projections about us and the real estate industry. These include statements regarding our expectations about revenues, our liquidity, or expenses and our continued growth, among others. Such forward-looking statements by their nature involve a degree of risk and uncertainty. We caution that a variety of factors, including but not limited to the factors described under Item 1A, &#8220;Risk Factors&#8221; in our Form 10-K for the fiscal year ended July 31, 2021 and the following, could cause business conditions and our results to differ materially from what is contained in forward-looking statements:</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" BORDER="0" STYLE="font: 10pt Times New Roman; border-collapse: collapse; text-align: justify; width: 100%"> <TR> <TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top; width: 1%"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD> <TD STYLE="vertical-align: top; width: 99%">changes in the rate of economic growth in the United States;</TD></TR> <TR>
<TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top">&nbsp;</TD><TD STYLE="vertical-align: top">&nbsp;</TD></TR>
                                                                                                                                                                                                                                                                                                                                                                                                   <TR> <TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD> <TD STYLE="vertical-align: top">the ability to obtain credit from financial institutions and the related costs;</TD></TR> <TR>
<TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top">&nbsp;</TD><TD STYLE="vertical-align: top">&nbsp;</TD></TR>
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              <TR> <TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD> <TD STYLE="vertical-align: top">changes in the financial condition of our customers;</TD></TR><TR>
<TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top">&nbsp;</TD><TD STYLE="vertical-align: top">&nbsp;</TD></TR>
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              <TR> <TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD> <TD STYLE="vertical-align: top">changes in regulatory environment;</TD></TR> <TR>
<TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top">&nbsp;</TD><TD STYLE="vertical-align: top">&nbsp;</TD></TR>
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              <TR> <TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD> <TD STYLE="vertical-align: top">lease cancellations;</TD></TR> <TR>
<TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top">&nbsp;</TD><TD STYLE="vertical-align: top">&nbsp;</TD></TR>
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              <TR> <TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD> <TD STYLE="vertical-align: top">changes in our estimates of costs;</TD></TR><TR>
<TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top">&nbsp;</TD><TD STYLE="vertical-align: top">&nbsp;</TD></TR>
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              <TR> <TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD> <TD STYLE="vertical-align: top">war and/or terrorist attacks on facilities where services are or may be provided;</TD></TR> <TR>
<TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top">&nbsp;</TD><TD STYLE="vertical-align: top">&nbsp;</TD></TR>
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              <TR> <TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD> <TD STYLE="vertical-align: top">outcomes of pending and future litigation;</TD></TR> <TR>
<TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top">&nbsp;</TD><TD STYLE="vertical-align: top">&nbsp;</TD></TR>
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              <TR> <TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD> <TD STYLE="vertical-align: top">increasing competition by other companies;</TD></TR><TR>
<TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top">&nbsp;</TD><TD STYLE="vertical-align: top">&nbsp;</TD></TR>
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              <TR> <TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD> <TD STYLE="vertical-align: top">compliance with our loan covenants;</TD></TR> <TR>
<TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top">&nbsp;</TD><TD STYLE="vertical-align: top">&nbsp;</TD></TR>
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              <TR> <TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD> <TD STYLE="vertical-align: top">recoverability of claims against our customers and others by us and claims by third parties against us;</TD></TR> <TR>
<TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top">&nbsp;</TD><TD STYLE="vertical-align: top">&nbsp;</TD></TR>
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              <TR> <TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD> <TD STYLE="vertical-align: top">changes in estimates used in our critical accounting policies; and</TD></TR><TR>
<TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top">&nbsp;</TD><TD STYLE="vertical-align: top">&nbsp;</TD></TR>
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              <TR> <TD STYLE="padding-right: 8pt; padding-left: 15pt; vertical-align: top"><FONT style="FONT-SIZE: 9.5pt">&#9679;</FONT></TD> <TD STYLE="vertical-align: top">pandemics and the ongoing effects of COVID-19.</TD></TR>  </TABLE>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Other factors and assumptions not identified above were also involved in the formation of these forward-looking statements and the failure of such other assumptions to be realized, as well as other factors, may also cause actual results to differ materially from those projected. Most of these factors are difficult to predict accurately and are generally beyond our control. You should consider the areas of risk described above in connection with any forward-looking statements that may be made by us.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. You are advised, however, to consult any additional disclosures we make in proxy statements, Quarterly Reports on Form 10-Q, Annual Reports on Form 10-K and Current Reports on Form 8-K filed with the U. S. Securities and Exchange Commission.</FONT></P>
<P style="text-align: justify"><B><FONT size=2 face="Times New Roman">CONTROLS AND PROCEDURES:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">The Company&#8217;s management reviewed the Company&#8217;s internal controls and procedures and the effectiveness of these controls. As of July 31, 2021, the Company carried out an evaluation, under the supervision and with the participation of the Company&#8217;s management, including its Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of the Company&#8217;s disclosure controls and procedures pursuant to Rules 13a-14(c) and 15d-14(c) of the Securities Exchange Act of 1934. Based upon that evaluation, the Chief Executive Officer and Chief Financial Officer concluded that the Company&#8217;s disclosure controls and procedures are effective in timely alerting them to material information relating to the Company required to be included in its periodic SEC filings.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">There was no change in the Company&#8217;s internal controls over financial reporting or in other factors during the Company&#8217;s last fiscal quarter that materially affected, or are reasonably likely to materially affect, the Company&#8217;s internal controls over financial reporting. There were no material weaknesses or significant deficiencies noted, and therefore there were no corrective actions taken.</FONT></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">29</FONT></P>
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<DIV style="PAGE-BREAK-BEFORE: always"></DIV>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">COMMON STOCK INFORMATION:</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Effective November 8, 1999, the Company&#8217;s common stock commenced trading on The Nasdaq Capital Market tier of The Nasdaq Stock Market under the Symbol: &#8220;Mays&#8221;. Such shares were previously traded on The Nasdaq National Market. Effective August 1, 2006, NASDAQ became operational as an exchange in NASDAQ-Listed Securities. It is now known as The NASDAQ Stock Market LLC.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">On October 15, 2021, the Company had approximately 800 shareholders of record.</FONT></P>
<P style="text-align: justify"><B><FONT size=2 face="Times New Roman">J.W. MAYS, INC.</FONT></B></P>
<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">OFFICERS</FONT></B></P>
<TABLE CELLSPACING="0" CELLPADDING="0" BORDER="0" STYLE="line-height: 14pt; border-collapse: collapse; width: 100%">

<TR vAlign=bottom>
   <TD STYLE="width: 20%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Lloyd J. Shulman</FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left">&nbsp;&nbsp;&nbsp;&nbsp; </TD>
   <TD STYLE="width: 79%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Chairman of the Board and President, Chief Executive Officer and Chief Operating Officer</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Mark S. Greenblatt</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Vice President and Treasurer</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Ward N. Lyke, Jr.</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Vice President and Assistant Treasurer</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">George Silva</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Vice President-Operations</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Salvatore Cappuzzo</FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Secretary</FONT></TD></TR></TABLE>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">BOARD OF DIRECTORS</FONT></B></P>
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   <TD STYLE="width: 20%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Robert L. Ecker</FONT><FONT size=1 face="Times New Roman"><SUP>2,3,4,6</SUP></FONT></TD>
   <TD STYLE="width: 1%; white-space: nowrap; text-align: left">&nbsp;&nbsp;&nbsp;&nbsp; </TD>
   <TD STYLE="width: 79%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Partner in the law firm of Ecker, Ecker &amp; Associates, LLP</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Mark S. Greenblatt</font><FONT size=1 face="Times New Roman"><SUP>3,5</SUP></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Vice President and Treasurer, J.W. Mays, Inc.</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Steven Gurney-Goldman</FONT><FONT size=1 face="Times New Roman"><SUP>2,3</SUP></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Solil Management, LLC</FONT></TD></TR>
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   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">John J. Pearl</FONT><FONT size=1 face="Times New Roman"><SUP>2,3,4,6</SUP></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Retired partner in the accounting firm of D&#8217;Arcangelo &amp; Co., LLP</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Dean L. Ryder</FONT><FONT size=1 face="Times New Roman"><SUP>1,2,3,4,6</SUP></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">President, Putnam County National Bank</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Lloyd J. Shulman</FONT><FONT size=1 face="Times New Roman"><SUP>1,3</SUP></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman"></FONT></TD>
   <TD STYLE="white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Chairman of the Board and President, Chief Executive Officer and Chief Operating Officer,</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="white-space: nowrap; text-align: left"></TD>
   <TD STYLE="padding-left: 15pt; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">J.W. Mays, Inc.</FONT></TD></TR></TABLE>

<P style="text-align: justify"><FONT size=2 face="Times New Roman">Committee Assignments Key:</FONT></P>
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   <TD STYLE="padding-bottom: 2pt; vertical-align: top; width: 1%; white-space: nowrap; text-align: left; padding-right: 8pt"><FONT size=1 face="Times New Roman"><SUP>1</SUP></FONT></TD>
   <TD STYLE="padding-bottom: 2pt; vertical-align: top; width: 99%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Member of Executive Committee</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-bottom: 2pt; vertical-align: top; width: 1%; white-space: nowrap; text-align: left; padding-right: 8pt"><FONT size=1 face="Times New Roman"><SUP>2</SUP></FONT></TD>
   <TD STYLE="padding-bottom: 2pt; vertical-align: top; width: 99%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Member of Audit Committee</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-bottom: 2pt; vertical-align: top; width: 1%; white-space: nowrap; text-align: left; padding-right: 8pt"><FONT size=1 face="Times New Roman"><SUP>3</SUP></FONT></TD>
   <TD STYLE="padding-bottom: 2pt; vertical-align: top; width: 99%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Member of Investment Advisory Committee</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-bottom: 2pt; vertical-align: top; width: 1%; white-space: nowrap; text-align: left; padding-right: 8pt"><FONT size=1 face="Times New Roman"><SUP>4</SUP>&nbsp;</FONT></TD>
   <TD STYLE="padding-bottom: 2pt; vertical-align: top; width: 99%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Member of Compensation Committee</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-bottom: 2pt; vertical-align: top; width: 1%; white-space: nowrap; text-align: left; padding-right: 8pt"><FONT size=1 face="Times New Roman"><SUP>5</SUP></FONT></TD>
   <TD STYLE="padding-bottom: 2pt; vertical-align: top; width: 99%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Member of Disclosure Committee (Mr. Lyke and Mr. Lance Myers, a partner in Holland &amp; Knight LLP, are also members)</FONT></TD></TR>
<TR vAlign=bottom>
   <TD STYLE="padding-bottom: 2pt; vertical-align: top; width: 1%; white-space: nowrap; text-align: left; padding-right: 8pt"><FONT size=1 face="Times New Roman"><SUP>6</SUP></FONT></TD>
   <TD STYLE="vertical-align: top; width: 99%; white-space: nowrap; text-align: left"><FONT size=2 face="Times New Roman">Member of Nominating Committee</FONT></TD></TR></TABLE>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">FORM 10-K ANNUAL REPORT</FONT></B></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Copies of the Company&#8217;s Form 10-K Annual Report to the U. S. Securities and Exchange Commission for the fiscal year ended July 31, 2021 will be furnished without charge to shareholders upon written request to:</FONT></P>
<P style="text-align: justify"><FONT size=2 face="Times New Roman">Secretary, J.W. Mays, Inc.<BR></FONT><FONT size=2 face="Times New Roman">9 Bond Street<BR></FONT><FONT size=2 face="Times New Roman">Brooklyn, New York 11201-5805.</FONT></P>
<P STYLE="text-indent: 15pt; text-align: justify"><FONT size=2 face="Times New Roman">Copies of the Notice of Meeting, Proxy Statement, Proxy Card and Annual Report to Shareholders are available at: </FONT><B><FONT size=2 face="Times New Roman">http://www.astproxyportal.com/ast/03443</FONT></B></P>
<P style="TEXT-ALIGN: center"><FONT size=2 face="Times New Roman">30</FONT></P>
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<DESCRIPTION>SUBSIDIARIES OF THE REGISTRANT
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<P style="text-align: center;"><B><FONT size=2 face="Times New Roman">EXHIBIT 21</FONT></B></P>
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<P style="TEXT-ALIGN: right"><B><FONT size=2 face="Times New Roman">EXHIBIT 21</FONT></B></P>
<P style="TEXT-ALIGN: left"><B><FONT size=2 face="Times New Roman">Subsidiaries of the Registrant</FONT></B></P>
<P STYLE="padding-left: 15pt; text-align: left"><FONT size=2 face="Times New Roman">The Registrant owns all of the outstanding stock of the following corporations, which are included in the Consolidated Financial Statements filed with this report: </FONT></P>
<P style="TEXT-ALIGN: left; padding-left:30pt"><FONT size=2 face="Times New Roman">Dutchess Mall Sewage Plant, Inc. (a New York corporation) </FONT></P>
<P style="TEXT-ALIGN: left; padding-left:30pt"><FONT size=2 face="Times New Roman">J. W. M. Realty Corp. (an Ohio corporation)</FONT></P>
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<DESCRIPTION>CHIEF EXECUTIVE OFFICER
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<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman"><BR><BR><BR><BR><BR><BR><BR>EXHIBIT 31.1<BR><BR><BR><BR><BR><BR><BR><BR></FONT></B></P>

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<P style="TEXT-ALIGN: right"><B><FONT size=2 face="Times New Roman">EXHIBIT 31.1</FONT></B></P>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">CERTIFICATION</FONT></B></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">I, Lloyd J. Shulman, certify that:</FONT></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">1. I have reviewed this Annual Report on Form 10-K of J.W. Mays, Inc.;</FONT></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;</FONT></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;</FONT></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">4. The registrant&#8217;s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:</FONT></P>

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   <TD STYLE="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(a)</FONT></TD>

   <TD VALIGN="TOP" WIDTH="99%" ALIGN="LEFT" STYLE="text-align: justify"><FONT size=2 face="Times New Roman">Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;</FONT></TD></TR>

<TR>

   <TD STYLE="vertical-align: top; width: 1%; padding-right: 8pt"></TD>

   <TD VALIGN="TOP" WIDTH="99%" STYLE="text-align: justify">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(b)</FONT></TD>

   <TD VALIGN="TOP" WIDTH="99%" ALIGN="LEFT" STYLE="text-align: justify"><FONT size=2 face="Times New Roman">Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under my supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America;</FONT></TD></TR>

<TR>

   <TD STYLE="vertical-align: top; width: 1%; padding-right: 8pt"></TD>

   <TD VALIGN="TOP" WIDTH="99%" STYLE="text-align: justify">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(c)</FONT></TD>

   <TD VALIGN="TOP" WIDTH="99%" ALIGN="LEFT" STYLE="text-align: justify"><FONT size=2 face="Times New Roman">Evaluated the effectiveness of the registrant&#8217;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and</FONT></TD></TR>

<TR>

   <TD STYLE="vertical-align: top; width: 1%; padding-right: 8pt"></TD>

   <TD VALIGN="TOP" WIDTH="99%" STYLE="text-align: justify">&nbsp;&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(d)</FONT></TD>

   <TD VALIGN="TOP" WIDTH="99%" ALIGN="LEFT" STYLE="text-align: justify"><FONT size=2 face="Times New Roman">Disclosed in this report any change in the registrant&#8217;s internal control over financial reporting that occurred during the registrant&#8217;s most recent fiscal quarter (the registrant&#8217;s fourth fiscal quarter in the case of an Annual Report) that has materially affected, or is reasonably likely to materially affect, the registrant&#8217;s internal control over financial reporting;</FONT></TD></TR></TABLE>


<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">5. The registrant&#8217;s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant&#8217;s auditors and the audit committee of the registrant&#8217;s board of directors (or persons performing the equivalent functions):</FONT></P>

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<TR vAlign=bottom>

   <TD STYLE="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(a)</FONT></TD>

   <TD VALIGN="TOP" WIDTH="99%" ALIGN="LEFT" STYLE="text-align: justify"><FONT size=2 face="Times New Roman">All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant&#8217;s ability to record, process, summarize and report financial information; and</FONT></TD></TR>

<TR>

   <TD STYLE="vertical-align: top; width: 1%; padding-right: 8pt"></TD>

   <TD VALIGN="TOP" WIDTH="99%" STYLE="text-align: justify">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(b)</FONT></TD>

   <TD VALIGN="TOP" WIDTH="99%" ALIGN="LEFT" STYLE="text-align: justify"><FONT size=2 face="Times New Roman">Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&#8217;s internal control over financial reporting.</FONT></TD></TR></TABLE>


<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">Date: October 21, 2021</FONT></P>

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   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="99%" noWrap align=left><FONT size=2 face="Times New Roman">/s/ LLOYD J. SHULMAN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>

   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="99%" noWrap align=left><FONT size=2 face="Times New Roman" style="font-variant: small-caps">Lloyd J. Shulman</FONT></TD>

   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="99%" noWrap align=left><I><FONT size=2 face="Times New Roman">President</FONT></I></TD>

   <TD width="1%" noWrap align=left><I><FONT size=2 face="Times New Roman"></FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD width="99%" noWrap align=left><I><FONT size=2 face="Times New Roman">Chief Executive Officer</FONT></I></TD>

   <TD width="1%" noWrap align=left><I><FONT size=2 face="Times New Roman"></FONT></I></TD></TR></TABLE></DIV>

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<DESCRIPTION>CHIEF FINANCIAL OFFICER
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<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman"><BR><BR><BR><BR><BR><BR><BR><BR>EXHIBIT 31.2<BR><BR><BR><BR><BR><BR><BR><BR></FONT></B></P>

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<P style="TEXT-ALIGN: right"><B><FONT size=2 face="Times New Roman">EXHIBIT 31.2</FONT></B></P>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">CERTIFICATION</FONT></B></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">I, Mark S. Greenblatt, certify that:</FONT></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">1. I have reviewed this Annual Report on Form 10-K of J.W. Mays, Inc.;</FONT></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;</FONT></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;</FONT></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">4. The registrant&#8217;s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:</FONT></P>

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<TR vAlign=bottom>

   <TD STYLE="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(a)</FONT></TD>

   <TD VALIGN="TOP" WIDTH="99%" ALIGN="LEFT" STYLE="text-align: justify"><FONT size=2 face="Times New Roman">Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;</FONT></TD></TR>

<TR>

   <TD STYLE="vertical-align: top; width: 1%; padding-right: 8pt"></TD>

   <TD VALIGN="TOP" WIDTH="99%" STYLE="text-align: justify">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(b)</FONT></TD>

   <TD VALIGN="TOP" WIDTH="99%" ALIGN="LEFT" STYLE="text-align: justify"><FONT size=2 face="Times New Roman">Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under my supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America;</FONT></TD></TR>

<TR>

   <TD STYLE="vertical-align: top; width: 1%; padding-right: 8pt"></TD>

   <TD VALIGN="TOP" WIDTH="99%" STYLE="text-align: justify">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(c)</FONT></TD>

   <TD VALIGN="TOP" WIDTH="99%" ALIGN="LEFT" STYLE="text-align: justify"><FONT size=2 face="Times New Roman">Evaluated the effectiveness of the registrant&#8217;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and</FONT></TD></TR>

<TR>

   <TD STYLE="vertical-align: top; width: 1%; padding-right: 8pt"></TD>

   <TD VALIGN="TOP" WIDTH="99%" STYLE="text-align: justify">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(d)</FONT></TD>

   <TD VALIGN="TOP" WIDTH="99%" ALIGN="LEFT" STYLE="text-align: justify"><FONT size=2 face="Times New Roman">Disclosed in this report any change in the registrant&#8217;s internal control over financial reporting that occurred during the registrant&#8217;s most recent fiscal quarter (the registrant&#8217;s fourth fiscal quarter in the case of an Annual Report) that has materially affected, or is reasonably likely to materially affect, the registrant&#8217;s internal control over financial reporting;</FONT></TD></TR></TABLE>


<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">5. The registrant&#8217;s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant&#8217;s auditors and the audit committee of the registrant&#8217;s board of directors (or persons performing the equivalent functions):</FONT></P>

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<TR vAlign=bottom>

   <TD STYLE="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(a)</FONT></TD>

   <TD VALIGN="TOP" WIDTH="99%" ALIGN="LEFT" STYLE="text-align: justify"><FONT size=2 face="Times New Roman">All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant&#8217;s ability to record, process, summarize and report financial information; and</FONT></TD></TR>

<TR>

   <TD STYLE="vertical-align: top; width: 1%; padding-right: 8pt"></TD>

   <TD VALIGN="TOP" WIDTH="99%" STYLE="text-align: justify">&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD STYLE="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(b)</FONT></TD>

   <TD VALIGN="TOP" WIDTH="99%" ALIGN="LEFT" STYLE="text-align: justify"><FONT size=2 face="Times New Roman">Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&#8217;s internal control over financial reporting.</FONT></TD></TR></TABLE>


<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">Date: October 21, 2021</FONT></P>

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<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="99%" noWrap align=left><FONT size=2 face="Times New Roman">/s/ MARK S. GREENBLATT&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>

   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>

<TR vAlign=bottom>

   <TD width="99%" noWrap align=left><FONT size=2 face="Times New Roman" style="font-variant: small-caps">Mark S. Greenblatt</FONT></TD>

   <TD width="1%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD></TR>

<TR vAlign=bottom>

   <TD width="99%" noWrap align=left><I><FONT size=2 face="Times New Roman">Vice President</FONT></I></TD>

   <TD width="1%" noWrap align=left><I><FONT size=2 face="Times New Roman"></FONT></I></TD></TR>

<TR vAlign=bottom>

   <TD width="99%" noWrap align=left><I><FONT size=2 face="Times New Roman">Chief Financial Officer</FONT></I></TD>

   <TD width="1%" noWrap align=left><I><FONT size=2 face="Times New Roman"></FONT></I></TD></TR></TABLE></DIV>

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<TYPE>EX-32
<SEQUENCE>6
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<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman"><BR><BR><BR><BR><BR><BR><BR>EXHIBIT 32<BR><BR><BR><BR><BR><BR><BR><BR></FONT></B></P>

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<P style="TEXT-ALIGN: right"><B><FONT size=2 face="Times New Roman">EXHIBIT 32</FONT></B></P>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman">CERTIFICATION PURSUANT TO<BR>18 U.S.C. SECTION 1350,<BR>AS ADOPTED PURSUANT TO<BR>SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002</FONT></B></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">In connection with the Annual Report of J. W. Mays, Inc. (the &#8220;Company&#8221;) on Form 10-K for the period ending July 31, 2021 as filed with the U. S. Securities and Exchange Commission (the &#8220;Report&#8221;), we, Lloyd J. Shulman and Mark S. Greenblatt, Chief Executive Officer and Chief Financial Officer, respectively, of the Company, certify, pursuant to 18 U.S.C. &#167;1350, as adopted pursuant to &#167;906 of the Sarbanes-Oxley Act of 2002, that to our knowledge:</FONT></P>

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   <TD STYLE="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(1)</FONT></TD>

   <TD VALIGN="TOP" WIDTH="99%" ALIGN="LEFT" STYLE="text-align: justify"><FONT size=2 face="Times New Roman">The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and</FONT></TD></TR>

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   <TD STYLE="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"></TD>

   <TD VALIGN="TOP" WIDTH="99%" ALIGN="LEFT" STYLE="text-align: justify">&nbsp;</TD></TR>

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   <TD STYLE="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"><FONT size=2 face="Times New Roman">(2)</FONT></TD>

   <TD VALIGN="TOP" WIDTH="99%" ALIGN="LEFT" STYLE="text-align: justify"><FONT size=2 face="Times New Roman">The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.</FONT></TD></TR>

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   <TD STYLE="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"></TD>

   <TD VALIGN="TOP" WIDTH="99%" ALIGN="LEFT" STYLE="text-align: justify">&nbsp;</TD></TR></TABLE>


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   <TD width="60%" noWrap align=left><FONT size=2 face="Times New Roman">October 21, 2021</FONT></TD>

   <TD width="1%" noWrap align=left>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>

   <TD width="20%" noWrap align=left></TD>

   <TD width="19%" noWrap align=left></TD></TR>

<TR>

   <TD width="81%" colSpan=3>&nbsp;</TD>

   <TD width="19%"></TD></TR>

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   <TD width="60%" noWrap align=left></TD>

   <TD width="1%" noWrap align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="20%" noWrap align=left><FONT size=2 face="Times New Roman">/s/ LLOYD J. SHULMAN</FONT></TD>

   <TD width="19%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD></TR>

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   <TD width="60%" noWrap align=left></TD>

   <TD width="1%" noWrap align=left></TD>

   <TD width="20%" noWrap align=left><FONT size=2 face="Times New Roman" style="font-variant: small-caps">Lloyd J. Shulman</FONT></TD>

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   <TD width="60%" noWrap align=left></TD>

   <TD width="1%" noWrap align=left></TD>

   <TD width="20%" noWrap align=left><I><FONT size=2 face="Times New Roman">Chief Executive Officer</FONT></I></TD>

   <TD width="19%" noWrap align=left><I><FONT size=2 face="Times New Roman"></FONT></I></TD></TR>

<TR>

   <TD width="81%" colSpan=3>&nbsp;</TD>

   <TD width="19%"></TD></TR>

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   <TD width="60%" noWrap align=left></TD>

   <TD width="1%" noWrap align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 1pt solid" width="20%" noWrap align=left><FONT size=2 face="Times New Roman">/s/ MARK S. GREENBLATT</FONT></TD>

   <TD width="19%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD></TR>

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   <TD width="60%" noWrap align=left></TD>

   <TD width="1%" noWrap align=left></TD>

   <TD width="20%" noWrap align=left><FONT size=2 face="Times New Roman" style="font-variant: small-caps">Mark S. Greenblatt</FONT></TD>

   <TD width="19%" noWrap align=left><FONT size=2 face="Times New Roman"></FONT></TD></TR>

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   <TD width="60%" noWrap align=left></TD>

   <TD width="1%" noWrap align=left></TD>

   <TD width="20%" noWrap align=left><I><FONT size=2 face="Times New Roman">Chief Financial Officer</FONT></I></TD>

   <TD width="19%" noWrap align=left><I><FONT size=2 face="Times New Roman"></FONT></I></TD></TR></TABLE>


<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman">A signed original of this written statement required by Section 906 has been provided to J.W. Mays, Inc. and will be retained by J.W. Mays, Inc. and furnished to the U. S. Securities and Exchange Commission or its staff upon request.</FONT></P>

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    <us-gaap:SignificantAccountingPoliciesTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;1.&#13;SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Organization&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;J.W. Mays, Inc. (the &amp;#8220;Company&amp;#8221; or &amp;#8220;Registrant&amp;#8221;) with executive offices at 9 Bond Street, Brooklyn, New York 11201, operates a number of commercial real estate properties in New York and one building in Ohio. The Company&amp;#8217;s business was founded in 1924 and incorporated under the laws of the State of New York on July 6, 1927.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Principles&#13;of Consolidation&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;The consolidated financial statements include the accounts of the Company, a New York corporation and its subsidiaries (J. W. M. Realty Corp. and Dutchess Mall Sewage Plant, Inc.), which are wholly-owned. Material intercompany items have been eliminated in consolidation.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;The&#13;Impact of COVID-19 on Our Results and Operations&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman; word-spacing: -0.1pt; letter-spacing: -0.1pt"&gt;In late 2019, an outbreak of COVID-19 emerged and by March 11, 2020 was declared a global pandemic by The World Health Organization. Throughout the United States and locally, governments and municipalities instituted measures in an effort to control the spread of COVID-19, including quarantines, shelter-in-place orders, school closings, travel restrictions and the closure of non-essential businesses. By the end of March 2020, the economic impacts became significant for the remainder of the year ended July 31, 2020.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman; word-spacing: -0.1pt; letter-spacing: -0.1pt"&gt;Beginning March 2020 and continuing through July 2021, we experienced an increase in late payments due to the impact of COVID-19 and the related reductions in economic activity from government mandated business disruptions and shelter -in- place orders. The effects of COVID-19 on our tenants have been reflected in our allowance for credit losses for accounts receivable. In limited circumstances, we have agreed to rent abatements and deferrals for certain tenants. We also continue to experience volatility in the valuation of our equity investments through July 31, 2021.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman; word-spacing: -0.1pt; letter-spacing: -0.1pt"&gt;Looking ahead, the full impact of COVID-19 on our business is unknown and highly unpredictable. Our past results may not be indicative of our future performance and historical trends in revenues, income from operations, net income, earnings per share, cash provided by operating activities, among others, may differ materially. For example, to the extent the pandemic continues to disrupt economic activity nationally and in New York, NY, like other businesses, it could adversely affect our business operations and financial results through prolonged decreases in revenue, credit deterioration of our tenants, depressed economic activity, or declines in capital markets. In addition, many of our expenses are less variable in nature and may not correlate to changes in revenues. The extent of the impact will depend on a number of factors, including the duration and severity of the pandemic; distribution of vaccines; and the macroeconomic impact of government measures to contain the spread of the virus and related government stimulus measures.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Use&#13;of Estimates&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman; word-spacing: -0.1pt; letter-spacing: -0.1pt"&gt;The accounting records are maintained in accordance with accounting principles generally accepted in the United States of America (&amp;#8220;GAAP&amp;#8221;). The preparation of the Company&amp;#8217;s financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, the disclosure of contingent assets and liabilities, incremental borrowing rates and recognition of renewal options for operating lease right-of-use assets and liabilities, and the reported amounts of revenues and expenses during the reporting period. The estimates that we make include allowance for doubtful accounts, depreciation, impairment analysis of long-lived assets, income tax assets and liabilities, fair value of marketable securities and revenue recognition. Estimates are based on historical experience where applicable or other assumptions that management believes are reasonable under the circumstances. Due to the inherent uncertainty involved in making estimates, actual results may differ from those estimates under different assumptions or conditions.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;As of July 31, 2021, the impact of COVID-19 continues to evolve. As a result, many of our estimates and assumptions required increased judgment and carry a higher degree of variability and volatility. As additional information becomes available, our estimates may change materially in future periods.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Restricted&#13;Cash&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Restricted cash primarily consists of cash held in bank accounts for tenant security deposits and other amounts required under certain loan agreements.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Marketable Securities&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The Company&amp;#8217;s marketable securities consist of investments in equity securities. Dividends and interest income are accrued as earned. Realized gains and losses are determined on a specific identification basis. The Company reviews marketable securities for impairment whenever circumstances and situations change such that there is an indication that the carrying amounts may not be recovered. The changes in the fair value of these securities are recognized in current period earnings in accordance with ASC 825.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The Company follows GAAP which establishes a fair value hierarchy that prioritizes the valuation techniques and creates the following three broad levels, with Level 1 valuation being the highest priority:&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="margin-left: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Level 1 valuation&#13;&lt;/b&gt;inputs are quoted market prices in active markets for identical assets or liabilities that are accessible at the measurement date&#13;(e.g., equity securities traded on the New York Stock Exchange).&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="margin-left: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Level 2 valuation&#13;&lt;/b&gt;inputs are from other than quoted market prices included in Level 1 that are observable for the asset or liability, either directly&#13;or indirectly (e.g., quoted market prices of similar assets or liabilities in active markets, or quoted market prices for identical or&#13;similar assets or liabilities in markets that are not active).&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="margin-left: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Level 3 valuation&#13;&lt;/b&gt;inputs are unobservable (e.g., an entity&amp;#8217;s own data) and should be used to measure fair value to the extent that observable&#13;inputs are not available.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="margin-left: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Following is a description of the valuation methodologies used for assets measured at fair value on a recurring basis. There have been no changes in the methodologies used at July 31, 2021 and 2020.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="margin-left: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Equity securities&#13;&lt;/b&gt;are valued at the closing price reported on the active market on which the individual securities are traded that the Company has&#13;access to.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="margin-left: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Mutual funds &lt;/b&gt;are&#13;valued at the daily closing price as reported by the fund. Mutual funds held by the Company are open-end mutual funds that are registered&#13;with the U.S. Securities and Exchange Commission. These funds are required to publish their daily net asset value (&amp;#8220;NAV&amp;#8221;)&#13;and to transact at that price. The mutual funds held by the Company are deemed to be actively traded.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;In accordance with the provisions of Fair Value Measurements, the following are the Company&amp;#8217;s financial assets measured on a recurring basis presented at fair value.&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt;&#13;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 76%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="23" style="border-bottom: Black 1pt solid; width: 23%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Fair&#13;   value measurements at reporting date&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 76%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Description&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31, 2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Level&#13;   1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Level&#13;   2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Level&#13;   3&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Level&#13;   1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Level&#13;   2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Level&#13;   3&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 76%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Assets:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;b&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 76%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Marketable securities&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,901,093&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,901,093&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,744,905&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,744,905&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;p style="text-align: justify"&gt;&lt;b&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Accounts Receivable&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Generally, rent is due from tenants at the beginning of the month in accordance with terms of each lease. Based upon its periodic assessment of the quality of the receivables, management uses its historical knowledge of the tenants and industry experience to determine whether a reserve or write-off is required. The Company uses specific identification to write-off receivables to bad debt expense in the period when issues of collectibility become known. Collectibility issues include late rent payments, circumstances when a tenant indicates their intention to vacate the property without paying, or when tenant litigation or bankruptcy proceedings are not expected to result in full payment. Management also assesses collectibility by reviewing accounts receivable on an aggregate basis where similar characteristics exist. In determining the amount of the allowance for credit losses, the Company considers past due status and a tenant&amp;#8217;s payment history. We also consider current market conditions and reasonable and supportable forecasts of future economic conditions. Our assessment considers business and market disruptions caused by COVID-19. The continued volatility in market conditions and evolving shifts in credit trends are difficult to predict causing variability and volatility that may have a material impact on our allowance for uncollectible accounts receivables in future periods.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="text-indent: 15pt; text-align: justify; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Primarily because of the effects of COVID-19, the Company recorded an allowance for uncollectible receivables as of July 31, 2021 and 2020 in the amount of $318,000 and $82,000, respectively, as an offset to receivables.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Activity in the allowance for uncollectible receivables for each period follows:&lt;/font&gt;&lt;/p&gt;&#13;&lt;div align="center"&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="width: 80%; line-height: 14pt; border-collapse: collapse"&gt;&#13;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="6" style="width: 10%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Allowance&#13;   for&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="6" style="width: 10%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Uncollectible&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="6" style="border-bottom: #000000 1pt solid; width: 10%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Accounts&#13;   Receivable&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: #000000 1pt solid; width: 9%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Bad&#13;   Debt Expense&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="6" style="border-bottom: #000000 1pt solid; width: 10%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Period&#13;   Ended July 31&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: #000000 1pt solid; width: 9%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Period&#13;   Ended July 31&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Beginning balance &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;82,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Charge-offs &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;254,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;423,232&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;236,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;596,292&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Recoveries&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(18,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(91,840&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(91,840&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Rent Abatements reclassified to reduce rental income &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(249,392&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(249,392&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Ending Balance&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;318,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;82,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;236,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;255,060&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&#13;&#13;&lt;p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Property&#13;and Equipment&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Property and equipment are stated at cost. Depreciation is calculated using the straight-line method and the declining-balance method. Amortization of improvements to leased property is calculated over the life of the lease. Lives used to determine depreciation and amortization are generally as follows:&lt;/font&gt;&lt;/p&gt;&#13;&lt;div align="center"&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="width: 60%; line-height: 14pt; border-collapse: collapse"&gt;&#13;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 96%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Buildings and improvements &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;18-40 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 96%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Improvements to leased property &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3-10 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 96%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Fixtures and equipment &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7-12 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 96%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Other &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3-5 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&#13;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;Maintenance, repairs,&#13;renewals and improvements of a non-permanent nature are charged to expense when incurred. Expenditures for additions and major renewals&#13;or improvements are capitalized along with the associated interest cost during construction. The cost of assets sold or retired, and&#13;the accumulated depreciation or amortization thereon are eliminated from the respective accounts in the year of disposal, and the resulting&#13;gain or loss is credited or charged to income. Capitalized interest is recorded as part of the asset to which it relates and is amortized&#13;over the asset&amp;#8217;s estimated useful life.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Company renovations at its Fishkill, New York building aggregated $1,194,351 and $5,382,193 for the years ended July 31, 2021 and 2020, respectively, primarily related to tenant improvements for space leased to a community college, new elevators, lobbies, and a fa&amp;#231;ade.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Company renovations at its Jowein building in Brooklyn, New York aggregated $673,867 and $221,442 for the years ended July 31, 2021 and 2020, respectively, primarily related to roof work, new tenant improvements and an elevator upgrade.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Stairwell and sidewalk upgrades at the Company&amp;#8217;s Jamaica, New York building aggregated $241,241 for the year ended July 31, 2021. Elevator upgrade work and new tenant improvements for the year ended July 31, 2020 at the Company&amp;#8217;s Jamaica building were $443,881.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Elevator upgrades aggregated $289,699 for the year ended July 31, 2020 at the Company&amp;#8217;s 9 Bond Street building in Brooklyn, New York.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Impairment&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The Company reviews property and equipment and related lease intangibles for possible impairment when certain events or changes in circumstances indicate the carrying amount of the asset may not be recoverable though operations plus estimated disposition proceeds. Events or changes in circumstances that may occur include, but are not limited to, significant changes in real estate market conditions, estimated residual values, and an expectation to sell assets before the end of the previously estimated life. Impairments are measured to the extent the current book value exceeds the estimated fair value of the asset less disposition costs for any assets classified as held for sale. As of July 31, 2021 and 2020, the Company has determined there was no impairment of its property and equipment.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Deferred Charges&lt;/b&gt;&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Deferred charges consist principally of costs incurred in connection with the leasing of property to tenants. Such costs are amortized over the related lease periods, ranging from 1 to 21 years, using the straight-line method. If a lease is terminated early, such costs are expensed.&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Leases &amp;#8211; Lessor Revenue&lt;/b&gt;&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The Company accounts for revenue in accordance with Accounting Standards Update (ASU) 2014-09 (Topic 606) Revenue from Contracts with Customers. Rental income is recognized from tenants under executed leases no later than on an established date or on an earlier date if the tenant should commence conducting business. Unbilled receivables are included in accounts receivable and represent the excess of scheduled rental income recognized on a straight-line basis over rental income as it becomes receivable according to the provisions of the lease. The effect of lease modifications that result in rent relief or other credits to tenants, including any retroactive effects relating to prior periods, are recognized in the period when the lease modification is signed. At the time of the lease modification, we assess the realizability of any accrued but unpaid rent and amounts that had been recognized as revenue in prior periods. As lessor, we have elected to combine the lease components (base rent), non-lease components (reimbursements of common area maintenance expenses) and reimbursements of real estate taxes and account for the components as a single lease component in accordance with ASC 842. If the amounts are not determined to be realizable, the accrued but unpaid rent is written off. Accounts receivable are recognized in accordance with lease agreements at its net realizable value. Rental payments received in advance are deferred until earned.&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Leases &amp;#8211; Lessee&lt;/b&gt;&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The Company determines if an arrangement is a lease at inception. With the adoption of ASC 842, operating leases are included in operating lease right-of-use assets and operating lease liabilities on the Company&amp;#8217;s balance sheet.&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Operating lease right-of-use assets represent the Company&amp;#8217;s right to use an underlying asset for the lease term and lease liabilities represent the Company&amp;#8217;s obligation to make payments arising from the lease. Operating lease right-of-use assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. As the Company&amp;#8217;s leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. The Company&amp;#8217;s lease terms may include options to extend or terminate the lease when it is reasonably certain the Company will exercise that option. Lease expense for lease payments is recognized on a straight-line basis over the lease term.&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Taxes&lt;/b&gt;&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Deferred income taxes are provided for the temporary differences between the financial reporting basis and the tax basis of the Company&amp;#8217;s assets and liabilities. Deferred tax assets result principally from the recording of certain accruals, reserves and net operating loss carry forwards which currently are not deductible for tax purposes. Deferred tax liabilities result principally from temporary differences in the recognition of unrealized gains and losses from certain investments and from the use, for tax purposes, of accelerated depreciation. Deferred tax assets and liabilities are offset for each jurisdiction and are presented net on the balance sheet.&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The effect on deferred income taxes of a change in tax rates is recognized in income in the period that includes the enactment date. Actual income taxes could vary from these estimates due to future changes in income tax law or results from the final review of tax returns by federal, state or city tax authorities. Financial statement effects on tax positions are recognized in the period in which it is more likely than not that the position will be sustained upon examination, the position is effectively settled or when the statute of limitations to challenge the position has expired. Interest and penalties, if any, related to unrecognized tax benefits are recorded as interest expense and administrative and general expenses, respectively.&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Income Per Share of Common Stock&lt;/b&gt;&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Income per share has been computed by dividing net income for the year by the weighted average number of shares of common stock outstanding during the year, adjusted for the purchase of treasury stock. Shares used in computing income per share were 2,015,780 in fiscal years 2021 and 2020.&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Reclassification&lt;/b&gt;&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;As of July 31, 2020, the Company changed its balance sheet presentation from classified to unclassified to more generally conform with norms in the real estate industry. Many of the reclassifications relate to this change in presentation and had no effect on net income or loss.&lt;/font&gt;&lt;/p&gt; &#13;&#13; &#13;&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Recently adopted accounting standards:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;In February 2016, the FASB issued ASU 2016-02, &amp;#8220;Leases.&amp;#8221; ASU 2016-02 is intended to increase transparency and comparability among organizations in accounting for leasing arrangements. This guidance establishes a right-of-use model that requires a lessee to record a right-of-use asset and a lease liability on the balance sheet for all leases with terms longer than twelve months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. Lessees and lessors are required to disclose qualitative and quantitative information about leasing arrangements to enable a user of the financial statements to assess the amount, timing and uncertainty of cash flows arising from leases.&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;In July 2018, the FASB issued ASU No. 2018-10, &amp;#8220;Codification Improvements to Topic 842&amp;#8221;, which provides amendments and clarification to ASU 2016-12 based on the FASB&amp;#8217;s interaction with stakeholders. In July 2018, the FASB issued ASU No. 2018-11 &amp;#8220;Leases (Topic 842): Targeted Improvements&amp;#8221;, which amends Leases (Topic 842) to (i) add an optional transition method that would permit entities to apply the new requirements by recognizing a cumulative-effect adjustment to the opening balance of retained earnings in the year of adoption, and (ii) provide a practical expedient for lessors regarding the separation of the lease and non-lease components of a contract. In December 2018, the FASB issued ASU No. 2018-20, &amp;#8220;Leases (Topic 842) Narrow-Scope Improvement for Lessors,&amp;#8221; which clarifies how to apply the leases standard when accounting for sales taxes and other similar taxes collected from lessees, certain lessor costs, and recognition of variable payments for contracts with lease and non-lease components. In March 2019, the FASB issued ASU 2019-01, &amp;#8220;Leases (Topic 842) Codification Improvements&amp;#8221;, which provides amendments for issues brought to the Board&amp;#8217;s attention through its interactions with stakeholders. The issues identified are as follows: (1) Determining the fair value of the underlying asset by lessors that are not manufacturers or dealers, (2) Presentation on the statement of cash flows-sales-type and direct financing leases, and (3) Transition disclosures related to Topic 250, Accounting Changes and Error Corrections. These standards are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years.&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The new standards were adopted by the Company for the fiscal year beginning August 1, 2019. Upon adoption of Topic 842, the Company elected the following practical expedients:&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: normal; border-collapse: collapse; width: 100%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="vertical-align: top; width: 1%; white-space: nowrap; text-align: right; padding-right: 8pt; padding-left: 15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;1. &lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: left; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The Company applied the optional transition method of recognizing a cumulative-effect adjustment to the opening balance of retained earnings in the initial period of adoption. Upon adoption on August 1, 2019, the Company did not have an adjustment to opening retained earnings.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="vertical-align: top; width: 1%; white-space: nowrap; text-align: right; padding-right: 8pt; padding-left: 15pt"&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: left; text-align: justify"&gt;&amp;#160;&amp;#160;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="vertical-align: top; width: 1%; white-space: nowrap; text-align: right; padding-right: 8pt; padding-left: 15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;2. &lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: left; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;As lessee and lessor, the Company has elected not to reassess lease classifications and all leases will continue to be classified as operating leases under the new standard.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; &#13; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;As a result of the adoption of the new lease accounting guidance, the Company recognized on August 1, 2019:&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 10pt Times New Roman; text-align: justify; width: 100%"&gt; &#13; &#13;&lt;tr&gt; &#13;   &lt;td style="padding-left: 15pt; padding-right: 8pt; vertical-align: top; width: 1%"&gt;&lt;font style="font-size: 9.5pt"&gt;&amp;#9679;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: justify"&gt;Operating lease right-of-use assets of $27.1 million.&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr&gt; &#13;   &lt;td style="vertical-align: top; width: 1%"&gt;&lt;font style="font-size: 9.5pt"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr&gt; &#13;   &lt;td style="padding-left: 15pt; padding-right: 8pt; vertical-align: top; width: 1%"&gt;&lt;font style="font-size: 9.5pt"&gt;&amp;#9679;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: justify"&gt;Operating lease liabilities of approximately $17.9 million, based on the net present value of remaining minimum rental payments, discounted using the Company&amp;#8217;s incremental borrowing rate of 3.88%.&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr&gt; &#13;   &lt;td style="vertical-align: top; width: 1%"&gt;&lt;font style="font-size: 9.5pt"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr&gt; &#13;   &lt;td style="padding-left: 15pt; padding-right: 8pt; vertical-align: top; width: 1%"&gt;&lt;font style="font-size: 9.5pt"&gt;&amp;#9679;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: justify"&gt;The initial recording of operating lease right-of-use assets of $27.1 million includes adjustments of approximately $10.2 million primarily relating to building and improvements, net of accumulated depreciation, required pursuant to a ground lease with an affiliate, principally owned by a director of the Company (&amp;#8220;landlord&amp;#8221;). Upon lease termination in 2030, the building and all improvements will be turned over to the landlord as property owner.&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr&gt; &#13;   &lt;td style="vertical-align: top; width: 1%"&gt;&lt;font style="font-size: 9.5pt"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr&gt; &#13;   &lt;td style="padding-left: 15pt; padding-right: 8pt; vertical-align: top; width: 1%"&gt;&lt;font style="font-size: 9.5pt"&gt;&amp;#9679;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: justify"&gt;The initial operating lease liability of $17.9 million includes an adjustment of remaining accrued rent of approximately $.95 million.&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr&gt; &#13;   &lt;td style="vertical-align: top; width: 1%"&gt;&lt;font style="font-size: 9.5pt"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr&gt; &#13;   &lt;td style="padding-left: 15pt; padding-right: 8pt; vertical-align: top; width: 1%"&gt;&lt;font style="font-size: 9.5pt"&gt;&amp;#9679;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: justify"&gt;The Company&amp;#8217;s lessor accounting remains similar under Topic 842 but updated to align with certain changes to the lessee model and the new revenue recognition standard (ASU 2014-09). Upon adoption of the lease standards on August 1, 2019, changes in accounting for the Company&amp;#8217;s lease revenue as lessor were not significant.&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&amp;#160;&lt;font style="font: x-small Times New Roman"&gt;In April 2020,&#13;the FASB issued a Staff Q&amp;#38;A on accounting for leases during the COVID-19 pandemic, focused on the application of lease guidance in&#13;ASC Topic 842, Leases (&amp;#8220;ASC 842&amp;#8221;). The Q&amp;#38;A states that it would be acceptable to make a policy election regarding rent&#13;concessions resulting from COVID-19, which would not require entities to account for these rent concessions as lease modifications under&#13;certain conditions. Entities making the election will continue to recognize rental revenue on a straight-line basis for qualifying concessions.&#13;Rent abatements would be recognized as reductions to revenue during the period in which they were granted. Rent deferrals would result&#13;in an increase to accounts receivable during the deferral period with no impact on rental revenue recognition. The Company elected this&#13;policy for the year ended July 31, 2020. Rent abatements and deferrals resulting from COVID-19 aggregated $22,628 and $245,000 for the&#13;year ending July 31, 2021 and $433,517 and $459,429, for the year ending July 31, 2020, respectively.&lt;/font&gt;&lt;/p&gt;</us-gaap:SignificantAccountingPoliciesTextBlock>
    <us-gaap:InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;2. MARKETABLE SECURITIES:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;As of July 31, 2021 and 2020, the Company&amp;#8217;s marketable securities were classified as follows:&lt;/font&gt;&lt;/p&gt; &#13;&lt;div style="padding-left: 15pt"&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 73%; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="13" style="border-bottom: Black 1pt solid; width: 13%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31, 2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="13" style="border-bottom: Black 1pt solid; width: 13%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 73%; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Gross&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="4" style="width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Gross&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Gross&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="4" style="width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Gross&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 73%; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Unrealized&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="4" style="width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Unrealized&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Fair&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Unrealized&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="4" style="width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Unrealized&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Fair&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 73%; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Cost&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Gains&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="4" style="border-bottom: Black 1pt solid; width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Losses&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Value&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Cost&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Gains&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="4" style="border-bottom: Black 1pt solid; width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Losses&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Value&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 73%; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Available-for-sale:&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 30pt; width: 73%; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Mutual funds&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;984,869&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;619,972&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,604,841&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,077,493&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;297,064&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,374,557&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 30pt; width: 73%; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Corporate equity&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="background-color: Silver; padding-left: 45pt; width: 73%; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;securities&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,355,961&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;940,291&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"&gt;&lt;/td&gt; &#13;   &lt;td style="background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,296,252&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center; background-color: Silver"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,553,275&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;823,010&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"&gt;&lt;/td&gt; &#13;   &lt;td style="background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;5,937&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,370,348&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: White"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 73%; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,340,830&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,560,263&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,901,093&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,630,768&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,120,074&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;5,937&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,744,905&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt; &#13; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Investment income for the years ended July 31, 2021 and 2020 consists of the following:&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 60%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&lt;font style="font: xx-small Times New Roman"&gt;2021&lt;/font&gt;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&lt;font style="font: xx-small Times New Roman"&gt;2020&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 95%; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Interest income&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;850&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;20,446&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Dividend income&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;98,915&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;96,569&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Gain on sale of marketable securities&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;73,783&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;28,546&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 30pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Total&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;173,548&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;145,561&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</us-gaap:InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock>
    <us-gaap:MortgageNotesPayableDisclosureTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;3. LONG-TERM DEBT&amp;#8212;MORTGAGES:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 80%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td colspan="7" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Years&#13;   Ended July 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 89%; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Annual&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Final&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Interest&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Payment&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Rate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Date&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Mortgage:&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 30pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Bond St. land and building, Brooklyn, NY (1)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4.375%&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;12/1/2024&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,817,450&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4,829,832&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 30pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Fishkill land and building (2)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3.980%&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4/1/2025&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,832,182&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,967,100&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 30pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Deferred financing costs&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(130,855&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(168,967&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 45pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Total&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,518,777&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;8,627,965&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&amp;#160;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; &#13; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: normal; border-collapse: collapse; width: 100%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="vertical-align: top; width: 1%; text-align: right; padding-right: 8pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;(1) &lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;In November 2019, the Company refinanced the remaining balance of a $6,000,000, 3.54% interest rate loan with another bank for $5,255,920 plus an additional $144,080 for a total of $5,400,000. The interest rate on the new loan is fixed at 4.375%. The loan is self-liquidating over a period of five years and secured by the Nine Bond Street land and building in Brooklyn, New York.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="vertical-align: top; text-align: left; padding-right: 8pt"&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="vertical-align: top; text-align: right; padding-right: 8pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;(2) &lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;In March 2020, the Company obtained a loan with a bank in the amount of $4,000,000 to finance renovations and brokerage commissions relating to space leased to a community college at the Fishkill, New York building. The loan is secured by the Fishkill, New York land and building; amortized over a 20-year period with an interest rate of 3.98% and is due in five years.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="vertical-align: top; text-align: left; padding-right: 8pt"&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="vertical-align: top; text-align: left; padding-right: 8pt"&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Maturities of long-term mortgages outstanding at July 31, 2021 are as follows:&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="vertical-align: top; text-align: left; padding-right: 8pt"&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; &#13; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 60%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Year&#13;   Ended July 31:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="3" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Amount&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="width: 96%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2022&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,198,600&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2023&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,252,196&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2024&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,308,071&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2025&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,890,765&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Subtotal&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,649,632&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Deferred financing costs&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(130,855&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Total&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,518,777&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; &#13; &#13;&lt;p style="text-indent: 17pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The carrying value of the property collateralizing the above debt is $33,528,932 at July 31, 2021.&lt;/font&gt;&lt;/p&gt;</us-gaap:MortgageNotesPayableDisclosureTextBlock>
    <us-gaap:DebtDisclosureTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;4. NOTE PAYABLE:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;In April 2020, the Company obtained a $722,726 loan, with an interest rate of .98% per annum, issued by a bank through the Small Business Administration&amp;#8217;s (&amp;#8220;SBA&amp;#8221;) Paycheck Protection Program (&amp;#8220;PPP&amp;#8221;) under Division A. Title I of the Coronavirus Aid, Relief, and Economic Security Act (&amp;#8220;CARES Act&amp;#8217;&amp;#8217;). On May 26, 2021, the SBA authorized full forgiveness of the Company&amp;#8217;s PPP loan in the amount of $722,726, plus accrued interest. Such proceeds were recorded as a full reduction of the note payable and extinguishment of debt income in the year ending July 31, 2021.&lt;/font&gt;&lt;/p&gt;</us-gaap:DebtDisclosureTextBlock>
    <us-gaap:IncomeTaxDisclosureTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;6. INCOME TAX:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Income taxes provided for the years ended July 31, 2021 and 2020 consist of the following:&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 15pt; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="3" style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt; &#13;   &lt;td colspan="3" style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 15pt; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Current:&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 30pt; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Federal&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 15pt; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Deferred taxes (benefit):&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 30pt; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Federal&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(108,000&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(247,000&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 30pt; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;State&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(51,000&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(108,000&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 15pt; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Income tax provision (benefit)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(159,000&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="padding-bottom: 1pt; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(355,000&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="padding-bottom: 1pt; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; &#13; &#13;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Taxes provided for the years ended July 31, 2021 and 2020 differ from amounts which would result from applying the federal statutory tax rate to pre-tax income, as follows:&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt;&#13;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 92%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;2021&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;2020&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 92%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Income (loss) before income taxes &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;239,032&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(1,261,005&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 92%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Paycheck Protection Program Loan Forgiveness &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(722,726&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 92%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Other-net &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(21,690&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(16,158&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 92%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Adjusted pre-tax income (loss)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(505,384&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(1,277,163&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 92%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Statutory rate &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;21.00&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;21.00&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 92%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Income tax provision (benefit) at statutory rate &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(106,131&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(268,204&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 92%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;State deferred income taxes (benefit)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(51,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(108,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 92%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Other-net &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(1,869&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;21,204&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 92%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Income tax provision (benefit) &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(159,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(355,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The Company has a federal net operating loss carryforward approximating $10,341,000 and $8,404,000 as of July 31, 2021 and July 31, 2020, respectively, available to offset future taxable income. As of July 31, 2021 and 2020, the Company had unused state and city net operating loss carryforwards of approximately $12,293,000 and $10,526,000, for state, respectively, and $8,274,000 for city, available to offset future taxable income. The net operating loss carryforwards will begin to expire, if not used, in 2035.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;New York State and New York City taxes are calculated using the higher of taxes based on income or the respective capital-based franchise taxes. Beginning with the Company&amp;#8217;s tax year ended July 31, 2016, changes in the law required the state capital-based tax will be phased out over a 7-year period. New York City taxes will be based on capital for the foreseeable future. Capital-based franchise taxes are recorded to administrative and general expense. State tax amounts in excess of the capital-based franchise taxes are recorded to income tax expenses. Due to both the application of the capital-based tax and due to the possible absence of city taxable income, the Company does not record city deferred taxes.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Generally, tax returns filed are subject to audit for three years by the appropriate taxing jurisdictions. The statute of limitations in each of the state jurisdictions in which the Company operates remain open until the years are settled for federal income tax purposes, at which time amended state income tax returns reflecting all federal income tax adjustments are filed. As of July 31, 2021, there were no income tax audits in progress that would have a material impact on the consolidated financial statements.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Significant components of the Company&amp;#8217;s deferred tax assets and liabilities as of July 31, 2021 and 2020 are a result of temporary differences related to the items described as follows:&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt;&#13;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="white-space: nowrap; width: 88%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; width: 1%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="white-space: nowrap; width: 2%; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Deferred&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; width: 1%; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="white-space: nowrap; width: 2%; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Deferred&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; width: 1%; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="white-space: nowrap; width: 2%; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Deferred&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; width: 1%; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="white-space: nowrap; width: 2%; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Deferred&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="white-space: nowrap; width: 88%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; width: 1%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; width: 2%; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Tax&#13;   Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; width: 1%; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; width: 2%; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Tax&#13;   Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; width: 1%; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; width: 2%; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Tax&#13;   Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; width: 1%; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; width: 2%; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Tax&#13;   Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Rental income received in advance &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;148,033&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;175,145&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Anticipated PPP loan expenses to be forgiven &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;199,390&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Operating lease liabilities &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,680,923&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;8,013,099&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Federal net operating loss carryforward &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,171,510&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,764,769&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;State net operating loss carryforward &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;809,951&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;693,541&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Unbilled receivables &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;569,029&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;412,343&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Property and equipment &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4,963,194&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4,671,246&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Unrealized gain on marketable securities &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;430,455&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;307,375&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Operating lease right-of-use assets&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;9,536,322&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;10,229,036&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Other &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;106,583&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;33,056&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;10,917,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; vertical-align: bottom; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;&amp;#160;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;15,499,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;10,879,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;&amp;#160;$&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;15,620,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Net deferred tax liability&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; vertical-align: bottom; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4,582,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4,741,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Management periodically assesses the realization of its net deferred tax assets by evaluating all available evidence, both positive and negative, associated with the Company and determining whether, based on the weight of that associated evidence, a valuation allowance for the deferred tax assets is needed. Based on this analysis, management has determined that it is more likely than not that future taxable income will be sufficient to fully utilize the federal and state deferred tax assets at July 31, 2021.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Components of the deferred tax provision (benefit) for the years ended July 31, 2021 and 2020 consist of the following:&lt;/font&gt;&lt;/p&gt;&#13;&lt;div align="center"&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 80%"&gt;&#13;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 90%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 90%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Book depreciation exceeding (less than) tax depreciation&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;291,723&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(1,691,703&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 90%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Increase in reserve for bad debts &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(65,109&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(17,220&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 90%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Lease expense per book in excess of cash paid &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(360,537&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,477,725&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 90%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Federal net operating loss carryforward &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(406,742&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(924,647&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 90%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;State net operating loss carryforward &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(116,410&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(22,687&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 90%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Decrease of rental income received in advance &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;27,111&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;39,637&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 90%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Anticipated PPP loan expenses to be forgiven &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;199,390&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(199,390&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 90%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Increase (decrease) in unbilled receivables &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;156,686&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(47,962&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 90%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Other &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;114,888&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;31,247&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 90%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(159,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(355,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:IncomeTaxDisclosureTextBlock>
    <us-gaap:PensionAndOtherPostretirementBenefitsDisclosureTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;7. EMPLOYEES&amp;#8217; RETIREMENT PLANS:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The Company sponsors a non-contributory Money Purchase Plan covering substantially all of its non-union employees. Operations were charged $441,512 and $424,401 as contributions to the Plan for fiscal years 2021 and 2020, respectively.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-align: justify"&gt;&lt;/p&gt;&#13;&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;MULTI-EMPLOYER PLAN:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The Company contributes to a union sponsored multi-employer pension plan covering its union employees. The Company contributions to the pension plan for the years ended July 31, 2021 and 2020 were $64,771 and $59,434, respectively. Contributions and costs are determined in accordance with the provisions of negotiated labor contracts or terms of the plans. The Company also contributes to union sponsored health benefit plans.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;CONTINGENT LIABILITY FOR PENSION PLANS:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Information as to the Company&amp;#8217;s portion of accumulated plan benefits and plan assets is not reported separately by the pension plan. Under the Employee Retirement Income Security Act, upon withdrawal from a multi-employer benefit plan, an employer is required to continue to pay its proportionate share of the plan&amp;#8217;s unfunded vested benefits, if any. Any liability under this provision cannot be determined: however, the Company has not made a decision to withdraw from the plan.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Information for contributing employer&amp;#8217;s&#13;participation in the multi-employer plan:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;div align="center"&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: normal; border-collapse: collapse; width: 80%"&gt;&#13;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 50%; text-align: left; vertical-align: bottom"&gt;&lt;/td&gt;&#13;   &lt;td style="vertical-align: top; width: 1%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 49%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;United Food and Commercial Workers&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 50%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;Legal name of Plan:&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="vertical-align: top; width: 1%; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 49%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;Local 888 Pension Fund&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 50%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;Employer identification number:&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="vertical-align: top; width: 1%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 49%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;13-6367793&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 50%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;Plan number:&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="vertical-align: top; width: 1%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 49%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;001&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 50%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;Date of most recent Form 5500:&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="vertical-align: top; width: 1%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 49%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;December 31, 2019&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 50%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;Certified zone status:&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="vertical-align: top; width: 1%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 49%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;Critical and declining status&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 50%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;Status determination date:&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="vertical-align: top; width: 1%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 49%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;January 1, 2019&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 50%; padding-left: 15pt; text-align: left; vertical-align: bottom; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Plan used extended amortization provisions in status calculation:&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="vertical-align: top; width: 1%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 49%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;Yes&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 50%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;Minimum required contribution:&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="vertical-align: top; width: 1%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 49%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;Yes&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 50%; padding-left: 15pt; text-align: left; vertical-align: bottom; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Employer contributing greater than 5% of Plan contributions for year ended December 31, 2019:&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="vertical-align: top; width: 1%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 49%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;Yes&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 50%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;Rehabilitation plan implemented:&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="vertical-align: top; width: 1%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 49%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;Yes&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 50%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;Employer subject to surcharge:&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="vertical-align: top; width: 1%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 49%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;Yes&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 50%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;Contract expiration date:&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="vertical-align: top; width: 1%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 49%; text-align: left; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;November 30, 2022&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&#13;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;For the plan years 2019-2022, under the pension fund&amp;#8217;s rehabilitation plan, the Company agreed to pay a minimum contribution rate equal to 9.1% of the prior year total contribution rate. The Company has 29 employees and has a contract, expiring November 30, 2022, with a union covering rates of pay, hours of employment and other conditions of employment for approximately 21% of its employees. The Company considers that its labor relations with its employees and union are good.&lt;/font&gt;&lt;/p&gt;</us-gaap:PensionAndOtherPostretirementBenefitsDisclosureTextBlock>
    <us-gaap:CashFlowSupplementalDisclosuresTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;8. CASH FLOW INFORMATION:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;For purposes of reporting cash flows, the Company considers cash equivalents to consist of short-term highly liquid investments with maturities of three months or less, which are readily convertible into cash. The following is a reconciliation of the Company&amp;#8217;s cash and cash equivalents and restricted cash to the total presented on the consolidated statement of cash flows:&lt;/font&gt;&lt;/p&gt;&#13;&lt;div align="center"&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 60%"&gt;&#13;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 94%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 94%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 94%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Cash and cash equivalents &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,552,389&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,260,135&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 94%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Restricted cash, tenant security deposits &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;783,470&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;794,151&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 94%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Restricted cash, escrow &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;71,720&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;321,675&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 94%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Restricted cash, other &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;27,140&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;27,840&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 94%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,434,719&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4,403,801&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Amounts in restricted cash primarily consist of cash held in bank accounts for tenant security deposits, amounts set aside in accordance with certain loan agreements, and security deposits with landlords and utility companies.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Supplemental disclosure:&lt;/font&gt;&lt;/p&gt;&#13;&lt;div align="center"&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 60%"&gt;&#13;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 92%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="6" style="border-bottom: Black 1pt solid; width: 6%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 92%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 92%; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Cash Flow Information&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="padding-left: 30pt; width: 92%; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Interest paid, net of capitalized interest of $115,415 (2021), and $112,074 (2020) &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;272,070&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;153,107&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="padding-left: 15pt; width: 92%; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Income tax (refunded)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(23,040&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(23,041&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;   &lt;td style="width: 92%"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 92%; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Non-cash information&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="text-indent: -15pt; padding-left: 30pt; width: 92%; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Recognition of operating lease right-of-use assets&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;39,464,411&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="padding-left: 15pt; width: 92%; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Recognition of operating lease liabilities &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;30,222,981&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="padding-left: 15pt; width: 92%; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Mortgage refinance &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;5,255,920&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:CashFlowSupplementalDisclosuresTextBlock>
    <us-gaap:FairValueDisclosuresTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;9. FINANCIAL INSTRUMENTS AND CREDIT&#13;RISK CONCENTRATIONS:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The following disclosure of estimated fair value was determined by the Company using available market information and appropriate valuation methods. Considerable judgment is necessary to develop estimates of fair value. The estimates presented herein are not necessarily indicative of the amounts that could be realized upon disposition of the financial instruments.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The Company estimates the fair value of its financial instruments using the following methods and assumptions: (i) quoted market prices, when available, are used to estimate the fair value of investments in marketable debt and equity securities; (ii) discounted cash flow analyses are used to estimate the fair value of long-term debt, using the Company&amp;#8217;s estimate of current interest rates for similar debt; and (iii) carrying amounts in the balance sheet approximate fair value for cash and cash equivalents, restricted cash, and tenant security deposits due to their high liquidity.&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt;&#13;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31, 2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Carrying&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Fair&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Carrying&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Fair&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Value&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Value&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Value&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Value&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Cash and cash equivalents &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,552,389&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,552,389&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,260,135&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,260,135&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Marketable securities &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,901,093&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,901,093&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,744,905&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,744,905&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Restricted cash &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;882,330&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;882,330&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,143,666&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,143,666&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Mortgages and note payable &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,649,632&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;8,088,201&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;9,519,658&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;9,915,121&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Financial instruments that are potentially subject to concentrations of credit risk consist principally of marketable securities, restricted cash, cash and cash equivalents, and receivables. Marketable securities, restricted cash, cash and cash equivalents are placed with multiple financial institutions and instruments to minimize risk. No assurance can be made that such financial institutions and instruments will minimize all such risk.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;As of July 31, 2021, five tenants accounted for approximately 65.70% and in 2020, four tenants accounted for approximately 54.97% of receivables, respectively. During the year ended July 31, 2021, two tenants accounted for 29.91% and in 2020, three tenants accounted for 43.65% of total rental revenue, respectively.&lt;/font&gt;&lt;/p&gt;</us-gaap:FairValueDisclosuresTextBlock>
    <us-gaap:OtherAssetsDisclosureTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;10. DEFERRED CHARGES:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Deferred charges for the fiscal years ended July 31, 2021 and 2020 consist of the following:&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt;&#13;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31, 2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Gross&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Gross&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Carrying&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Accumulated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Carrying&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Accumulated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Amount&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Amortization&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Amount&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Amortization&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Leasing brokerage commissions &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;5,266,672&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,579,460&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4,204,638&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,281,010&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Professional fees for leasing &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;127,810&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;75,779&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;151,704&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;88,684&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Total&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;5,394,482&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,655,239&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4,356,342&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,369,694&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The aggregate amortization expense for the periods ended July 31, 2021 and July 31, 2020 were $385,967, and $297,887, respectively.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The weighted average life of current year additions to deferred charges was fourteen years.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The estimated aggregate amortization expense for each of the five succeeding fiscal years is as follows:&lt;/font&gt;&lt;/p&gt;&#13;&lt;div align="center"&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 60%"&gt;&#13;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; vertical-align: bottom; width: 98%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Year&#13;   Ended July 31&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center; vertical-align: bottom"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; vertical-align: bottom; width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Amortization&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 98%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2022&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;$427,013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 98%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2023&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;$425,017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 98%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2024&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;$394,396&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 98%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2025&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;$352,943&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 98%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2026&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;$333,292&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:OtherAssetsDisclosureTextBlock>
    <us-gaap:RelatedPartyTransactionsDisclosureTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;11. RELATED PARTY TRANSACTIONS:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The Company has two operating leases with Weinstein Enterprises, Inc. (&amp;#8220;Landlord&amp;#8221;), an affiliated company, principally owned by the Chairman of the Board of Directors of both the Company and Landlord. One lease is for building, improvements, and land (Premises&amp;#8221;) located at Jamaica Avenue at 169&lt;sup&gt;th &lt;/sup&gt;Street, Jamaica, New York. Another lease is for Premises located at 504-506 Fulton Street, Brooklyn, New York.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Rent payments and expense relating to these two operating leases with Landlord follow:&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt;&#13;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Rent&#13;   Payments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Rent&#13;   Expense&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Year&#13;   Ended July 31&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Year&#13;   Ended July 31&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Property&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Jamaica Avenue at 169&lt;sup&gt;th &lt;/sup&gt;Street &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;624,994&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;624,994&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,517,437&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,582,344&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;504-506 Fulton Street &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;362,256&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;362,256&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;350,438&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;350,437&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Total &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;987,250&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;987,250&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,867,875&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,932,781&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The following summarizes assets and liabilities related to these two leases:&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt;&#13;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 86%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Right-Of-Use&#13;   Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 86%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 86%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Property&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Expiration&#13;   Date&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 86%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Jamaica Avenue at 169&lt;sup&gt;th &lt;/sup&gt;Street &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;12,842,642&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;13,190,809&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4,959,450&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;5,084,505&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;May&#13;   31, 2030&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 86%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;504-506 Fulton Street &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,831,134&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,890,056&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,946,306&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,008,181&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;April&#13;   30, 2031&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 86%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Total &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;15,673,776&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;16,080,865&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,905,756&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;8,092,686&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Upon termination of the Jamaica, New York lease in 2030, all premises included in operating lease right-of-use assets plus leasehold improvements will be turned over to the Landlord.&lt;/font&gt;&lt;/p&gt;</us-gaap:RelatedPartyTransactionsDisclosureTextBlock>
    <us-gaap:StockholdersEquityNoteDisclosureTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;12. CAPITALIZATION:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The Company is capitalized entirely through common stock with identical voting rights and rights to liquidation. Treasury stock is recorded at cost and consists of 162,517 shares at July 31, 2021 and at July 31, 2020.&lt;/font&gt;&lt;/p&gt;</us-gaap:StockholdersEquityNoteDisclosureTextBlock>
    <us-gaap:CommitmentsAndContingenciesDisclosureTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;13. CONTINGENCIES:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;There are various other lawsuits and claims pending against the Company. It is the opinion of management that the resolution of these matters will not have a material adverse effect on the Company&amp;#8217;s Consolidated Financial Statements.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;If the Company sells, transfers, disposes of or demolishes 25 Elm Place, Brooklyn, New York, then the Company may be liable to create a condominium unit for the loading dock. The necessity of creating the condominium unit and the cost of such condominium unit cannot be determined at this time.&lt;/font&gt;&lt;/p&gt;</us-gaap:CommitmentsAndContingenciesDisclosureTextBlock>
    <mays:OrganizationPolicyTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Organization&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;J.W. Mays, Inc. (the &amp;#8220;Company&amp;#8221; or &amp;#8220;Registrant&amp;#8221;) with executive offices at 9 Bond Street, Brooklyn, New York 11201, operates a number of commercial real estate properties in New York and one building in Ohio. The Company&amp;#8217;s business was founded in 1924 and incorporated under the laws of the State of New York on July 6, 1927.&lt;/font&gt;&lt;/p&gt;</mays:OrganizationPolicyTextBlock>
    <us-gaap:ConsolidationPolicyTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Principles&#13;of Consolidation&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;The consolidated financial statements include the accounts of the Company, a New York corporation and its subsidiaries (J. W. M. Realty Corp. and Dutchess Mall Sewage Plant, Inc.), which are wholly-owned. Material intercompany items have been eliminated in consolidation.&lt;/font&gt;&lt;/p&gt;</us-gaap:ConsolidationPolicyTextBlock>
    <mays:ImpactOfCovid19OnOurResultsAndOperations contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;The&#13;Impact of COVID-19 on Our Results and Operations&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman; word-spacing: -0.1pt; letter-spacing: -0.1pt"&gt;In late 2019, an outbreak of COVID-19 emerged and by March 11, 2020 was declared a global pandemic by The World Health Organization. Throughout the United States and locally, governments and municipalities instituted measures in an effort to control the spread of COVID-19, including quarantines, shelter-in-place orders, school closings, travel restrictions and the closure of non-essential businesses. By the end of March 2020, the economic impacts became significant for the remainder of the year ended July 31, 2020.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman; word-spacing: -0.1pt; letter-spacing: -0.1pt"&gt;Beginning March 2020 and continuing through July 2021, we experienced an increase in late payments due to the impact of COVID-19 and the related reductions in economic activity from government mandated business disruptions and shelter -in- place orders. The effects of COVID-19 on our tenants have been reflected in our allowance for credit losses for accounts receivable. In limited circumstances, we have agreed to rent abatements and deferrals for certain tenants. We also continue to experience volatility in the valuation of our equity investments through July 31, 2021.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman; word-spacing: -0.1pt; letter-spacing: -0.1pt"&gt;Looking ahead, the full impact of COVID-19 on our business is unknown and highly unpredictable. Our past results may not be indicative of our future performance and historical trends in revenues, income from operations, net income, earnings per share, cash provided by operating activities, among others, may differ materially. For example, to the extent the pandemic continues to disrupt economic activity nationally and in New York, NY, like other businesses, it could adversely affect our business operations and financial results through prolonged decreases in revenue, credit deterioration of our tenants, depressed economic activity, or declines in capital markets. In addition, many of our expenses are less variable in nature and may not correlate to changes in revenues. The extent of the impact will depend on a number of factors, including the duration and severity of the pandemic; distribution of vaccines; and the macroeconomic impact of government measures to contain the spread of the virus and related government stimulus measures.&lt;/font&gt;&lt;/p&gt;</mays:ImpactOfCovid19OnOurResultsAndOperations>
    <us-gaap:BasisOfAccountingPolicyPolicyTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Use&#13;of Estimates&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman; word-spacing: -0.1pt; letter-spacing: -0.1pt"&gt;The accounting records are maintained in accordance with accounting principles generally accepted in the United States of America (&amp;#8220;GAAP&amp;#8221;). The preparation of the Company&amp;#8217;s financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, the disclosure of contingent assets and liabilities, incremental borrowing rates and recognition of renewal options for operating lease right-of-use assets and liabilities, and the reported amounts of revenues and expenses during the reporting period. The estimates that we make include allowance for doubtful accounts, depreciation, impairment analysis of long-lived assets, income tax assets and liabilities, fair value of marketable securities and revenue recognition. Estimates are based on historical experience where applicable or other assumptions that management believes are reasonable under the circumstances. Due to the inherent uncertainty involved in making estimates, actual results may differ from those estimates under different assumptions or conditions.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;As of July 31, 2021, the impact of COVID-19 continues to evolve. As a result, many of our estimates and assumptions required increased judgment and carry a higher degree of variability and volatility. As additional information becomes available, our estimates may change materially in future periods.&lt;/font&gt;&lt;/p&gt;</us-gaap:BasisOfAccountingPolicyPolicyTextBlock>
    <us-gaap:CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Restricted&#13;Cash&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Restricted cash primarily consists of cash held in bank accounts for tenant security deposits and other amounts required under certain loan agreements.&lt;/font&gt;&lt;/p&gt;</us-gaap:CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy>
    <us-gaap:MarketableSecuritiesPolicy contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Marketable Securities&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The Company&amp;#8217;s marketable securities consist of investments in equity securities. Dividends and interest income are accrued as earned. Realized gains and losses are determined on a specific identification basis. The Company reviews marketable securities for impairment whenever circumstances and situations change such that there is an indication that the carrying amounts may not be recovered. The changes in the fair value of these securities are recognized in current period earnings in accordance with ASC 825.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The Company follows GAAP which establishes a fair value hierarchy that prioritizes the valuation techniques and creates the following three broad levels, with Level 1 valuation being the highest priority:&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="margin-left: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Level 1 valuation&#13;&lt;/b&gt;inputs are quoted market prices in active markets for identical assets or liabilities that are accessible at the measurement date&#13;(e.g., equity securities traded on the New York Stock Exchange).&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="margin-left: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Level 2 valuation&#13;&lt;/b&gt;inputs are from other than quoted market prices included in Level 1 that are observable for the asset or liability, either directly&#13;or indirectly (e.g., quoted market prices of similar assets or liabilities in active markets, or quoted market prices for identical or&#13;similar assets or liabilities in markets that are not active).&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="margin-left: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Level 3 valuation&#13;&lt;/b&gt;inputs are unobservable (e.g., an entity&amp;#8217;s own data) and should be used to measure fair value to the extent that observable&#13;inputs are not available.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="margin-left: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Following is a description of the valuation methodologies used for assets measured at fair value on a recurring basis. There have been no changes in the methodologies used at July 31, 2021 and 2020.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="margin-left: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Equity securities&#13;&lt;/b&gt;are valued at the closing price reported on the active market on which the individual securities are traded that the Company has&#13;access to.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="margin-left: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Mutual funds &lt;/b&gt;are&#13;valued at the daily closing price as reported by the fund. Mutual funds held by the Company are open-end mutual funds that are registered&#13;with the U.S. Securities and Exchange Commission. These funds are required to publish their daily net asset value (&amp;#8220;NAV&amp;#8221;)&#13;and to transact at that price. The mutual funds held by the Company are deemed to be actively traded.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;In accordance with the provisions of Fair Value Measurements, the following are the Company&amp;#8217;s financial assets measured on a recurring basis presented at fair value.&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt;&#13;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 76%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="23" style="border-bottom: Black 1pt solid; width: 23%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Fair&#13;   value measurements at reporting date&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 76%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Description&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31, 2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Level&#13;   1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Level&#13;   2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Level&#13;   3&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Level&#13;   1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Level&#13;   2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Level&#13;   3&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 76%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Assets:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;b&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 76%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Marketable securities&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,901,093&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,901,093&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,744,905&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,744,905&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</us-gaap:MarketableSecuritiesPolicy>
    <us-gaap:TradeAndOtherAccountsReceivablePolicy contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Accounts Receivable&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Generally, rent is due from tenants at the beginning of the month in accordance with terms of each lease. Based upon its periodic assessment of the quality of the receivables, management uses its historical knowledge of the tenants and industry experience to determine whether a reserve or write-off is required. The Company uses specific identification to write-off receivables to bad debt expense in the period when issues of collectibility become known. Collectibility issues include late rent payments, circumstances when a tenant indicates their intention to vacate the property without paying, or when tenant litigation or bankruptcy proceedings are not expected to result in full payment. Management also assesses collectibility by reviewing accounts receivable on an aggregate basis where similar characteristics exist. In determining the amount of the allowance for credit losses, the Company considers past due status and a tenant&amp;#8217;s payment history. We also consider current market conditions and reasonable and supportable forecasts of future economic conditions. Our assessment considers business and market disruptions caused by COVID-19. The continued volatility in market conditions and evolving shifts in credit trends are difficult to predict causing variability and volatility that may have a material impact on our allowance for uncollectible accounts receivables in future periods.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;p style="text-indent: 15pt; text-align: justify; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Primarily because of the effects of COVID-19, the Company recorded an allowance for uncollectible receivables as of July 31, 2021 and 2020 in the amount of $318,000 and $82,000, respectively, as an offset to receivables.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Activity in the allowance for uncollectible receivables for each period follows:&lt;/font&gt;&lt;/p&gt;&#13;&lt;div align="center"&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="width: 80%; line-height: 14pt; border-collapse: collapse"&gt;&#13;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="6" style="width: 10%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Allowance&#13;   for&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="6" style="width: 10%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Uncollectible&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="6" style="border-bottom: #000000 1pt solid; width: 10%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Accounts&#13;   Receivable&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: #000000 1pt solid; width: 9%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Bad&#13;   Debt Expense&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="6" style="border-bottom: #000000 1pt solid; width: 10%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Period&#13;   Ended July 31&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: #000000 1pt solid; width: 9%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Period&#13;   Ended July 31&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Beginning balance &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;82,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Charge-offs &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;254,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;423,232&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;236,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;596,292&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Recoveries&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(18,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(91,840&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(91,840&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Rent Abatements reclassified to reduce rental income &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(249,392&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(249,392&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Ending Balance&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;318,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;82,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;236,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;255,060&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:TradeAndOtherAccountsReceivablePolicy>
    <us-gaap:PropertyPlantAndEquipmentPolicyTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Property&#13;and Equipment&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Property and equipment are stated at cost. Depreciation is calculated using the straight-line method and the declining-balance method. Amortization of improvements to leased property is calculated over the life of the lease. Lives used to determine depreciation and amortization are generally as follows:&lt;/font&gt;&lt;/p&gt;&#13;&lt;div align="center"&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="width: 60%; line-height: 14pt; border-collapse: collapse"&gt;&#13;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 96%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Buildings and improvements &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;18-40 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 96%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Improvements to leased property &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3-10 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 96%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Fixtures and equipment &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7-12 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 96%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Other &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3-5 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;&#13;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;Maintenance, repairs,&#13;renewals and improvements of a non-permanent nature are charged to expense when incurred. Expenditures for additions and major renewals&#13;or improvements are capitalized along with the associated interest cost during construction. The cost of assets sold or retired, and&#13;the accumulated depreciation or amortization thereon are eliminated from the respective accounts in the year of disposal, and the resulting&#13;gain or loss is credited or charged to income. Capitalized interest is recorded as part of the asset to which it relates and is amortized&#13;over the asset&amp;#8217;s estimated useful life.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Company renovations at its Fishkill, New York building aggregated $1,194,351 and $5,382,193 for the years ended July 31, 2021 and 2020, respectively, primarily related to tenant improvements for space leased to a community college, new elevators, lobbies, and a fa&amp;#231;ade.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Company renovations at its Jowein building in Brooklyn, New York aggregated $673,867 and $221,442 for the years ended July 31, 2021 and 2020, respectively, primarily related to roof work, new tenant improvements and an elevator upgrade.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Stairwell and sidewalk upgrades at the Company&amp;#8217;s Jamaica, New York building aggregated $241,241 for the year ended July 31, 2021. Elevator upgrade work and new tenant improvements for the year ended July 31, 2020 at the Company&amp;#8217;s Jamaica building were $443,881.&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Elevator upgrades aggregated $289,699 for the year ended July 31, 2020 at the Company&amp;#8217;s 9 Bond Street building in Brooklyn, New York.&lt;/font&gt;&lt;/p&gt;</us-gaap:PropertyPlantAndEquipmentPolicyTextBlock>
    <us-gaap:DeferredChargesPolicyTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Deferred Charges&lt;/b&gt;&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Deferred charges consist principally of costs incurred in connection with the leasing of property to tenants. Such costs are amortized over the related lease periods, ranging from 1 to 21 years, using the straight-line method. If a lease is terminated early, such costs are expensed.&lt;/font&gt;&lt;/p&gt;</us-gaap:DeferredChargesPolicyTextBlock>
    <us-gaap:LessorLeasesPolicyTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Leases &amp;#8211; Lessor Revenue&lt;/b&gt;&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The Company accounts for revenue in accordance with Accounting Standards Update (ASU) 2014-09 (Topic 606) Revenue from Contracts with Customers. Rental income is recognized from tenants under executed leases no later than on an established date or on an earlier date if the tenant should commence conducting business. Unbilled receivables are included in accounts receivable and represent the excess of scheduled rental income recognized on a straight-line basis over rental income as it becomes receivable according to the provisions of the lease. The effect of lease modifications that result in rent relief or other credits to tenants, including any retroactive effects relating to prior periods, are recognized in the period when the lease modification is signed. At the time of the lease modification, we assess the realizability of any accrued but unpaid rent and amounts that had been recognized as revenue in prior periods. As lessor, we have elected to combine the lease components (base rent), non-lease components (reimbursements of common area maintenance expenses) and reimbursements of real estate taxes and account for the components as a single lease component in accordance with ASC 842. If the amounts are not determined to be realizable, the accrued but unpaid rent is written off. Accounts receivable are recognized in accordance with lease agreements at its net realizable value. Rental payments received in advance are deferred until earned.&lt;/font&gt;&lt;/p&gt;</us-gaap:LessorLeasesPolicyTextBlock>
    <us-gaap:LesseeLeasesPolicyTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Leases &amp;#8211; Lessee&lt;/b&gt;&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The Company determines if an arrangement is a lease at inception. With the adoption of ASC 842, operating leases are included in operating lease right-of-use assets and operating lease liabilities on the Company&amp;#8217;s balance sheet.&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Operating lease right-of-use assets represent the Company&amp;#8217;s right to use an underlying asset for the lease term and lease liabilities represent the Company&amp;#8217;s obligation to make payments arising from the lease. Operating lease right-of-use assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. As the Company&amp;#8217;s leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. The Company&amp;#8217;s lease terms may include options to extend or terminate the lease when it is reasonably certain the Company will exercise that option. Lease expense for lease payments is recognized on a straight-line basis over the lease term.&lt;/font&gt;&lt;/p&gt;</us-gaap:LesseeLeasesPolicyTextBlock>
    <us-gaap:IncomeTaxPolicyTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Taxes&lt;/b&gt;&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Deferred income taxes are provided for the temporary differences between the financial reporting basis and the tax basis of the Company&amp;#8217;s assets and liabilities. Deferred tax assets result principally from the recording of certain accruals, reserves and net operating loss carry forwards which currently are not deductible for tax purposes. Deferred tax liabilities result principally from temporary differences in the recognition of unrealized gains and losses from certain investments and from the use, for tax purposes, of accelerated depreciation. Deferred tax assets and liabilities are offset for each jurisdiction and are presented net on the balance sheet.&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The effect on deferred income taxes of a change in tax rates is recognized in income in the period that includes the enactment date. Actual income taxes could vary from these estimates due to future changes in income tax law or results from the final review of tax returns by federal, state or city tax authorities. Financial statement effects on tax positions are recognized in the period in which it is more likely than not that the position will be sustained upon examination, the position is effectively settled or when the statute of limitations to challenge the position has expired. Interest and penalties, if any, related to unrecognized tax benefits are recorded as interest expense and administrative and general expenses, respectively.&lt;/font&gt;&lt;/p&gt;</us-gaap:IncomeTaxPolicyTextBlock>
    <us-gaap:EarningsPerSharePolicyTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Income Per Share of Common Stock&lt;/b&gt;&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Income per share has been computed by dividing net income for the year by the weighted average number of shares of common stock outstanding during the year, adjusted for the purchase of treasury stock. Shares used in computing income per share were 2,015,780 in fiscal years 2021 and 2020.&lt;/font&gt;&lt;/p&gt;</us-gaap:EarningsPerSharePolicyTextBlock>
    <us-gaap:Reclassifications contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Reclassification&lt;/b&gt;&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;As of July 31, 2020, the Company changed its balance sheet presentation from classified to unclassified to more generally conform with norms in the real estate industry. Many of the reclassifications relate to this change in presentation and had no effect on net income or loss.&lt;/font&gt;&lt;/p&gt;</us-gaap:Reclassifications>
    <us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Recently adopted accounting standards:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;In February 2016, the FASB issued ASU 2016-02, &amp;#8220;Leases.&amp;#8221; ASU 2016-02 is intended to increase transparency and comparability among organizations in accounting for leasing arrangements. This guidance establishes a right-of-use model that requires a lessee to record a right-of-use asset and a lease liability on the balance sheet for all leases with terms longer than twelve months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. Lessees and lessors are required to disclose qualitative and quantitative information about leasing arrangements to enable a user of the financial statements to assess the amount, timing and uncertainty of cash flows arising from leases.&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;In July 2018, the FASB issued ASU No. 2018-10, &amp;#8220;Codification Improvements to Topic 842&amp;#8221;, which provides amendments and clarification to ASU 2016-12 based on the FASB&amp;#8217;s interaction with stakeholders. In July 2018, the FASB issued ASU No. 2018-11 &amp;#8220;Leases (Topic 842): Targeted Improvements&amp;#8221;, which amends Leases (Topic 842) to (i) add an optional transition method that would permit entities to apply the new requirements by recognizing a cumulative-effect adjustment to the opening balance of retained earnings in the year of adoption, and (ii) provide a practical expedient for lessors regarding the separation of the lease and non-lease components of a contract. In December 2018, the FASB issued ASU No. 2018-20, &amp;#8220;Leases (Topic 842) Narrow-Scope Improvement for Lessors,&amp;#8221; which clarifies how to apply the leases standard when accounting for sales taxes and other similar taxes collected from lessees, certain lessor costs, and recognition of variable payments for contracts with lease and non-lease components. In March 2019, the FASB issued ASU 2019-01, &amp;#8220;Leases (Topic 842) Codification Improvements&amp;#8221;, which provides amendments for issues brought to the Board&amp;#8217;s attention through its interactions with stakeholders. The issues identified are as follows: (1) Determining the fair value of the underlying asset by lessors that are not manufacturers or dealers, (2) Presentation on the statement of cash flows-sales-type and direct financing leases, and (3) Transition disclosures related to Topic 250, Accounting Changes and Error Corrections. These standards are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years.&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The new standards were adopted by the Company for the fiscal year beginning August 1, 2019. Upon adoption of Topic 842, the Company elected the following practical expedients:&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: normal; border-collapse: collapse; width: 100%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="vertical-align: top; width: 1%; white-space: nowrap; text-align: right; padding-right: 8pt; padding-left: 15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;1. &lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: left; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The Company applied the optional transition method of recognizing a cumulative-effect adjustment to the opening balance of retained earnings in the initial period of adoption. Upon adoption on August 1, 2019, the Company did not have an adjustment to opening retained earnings.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="vertical-align: top; width: 1%; white-space: nowrap; text-align: right; padding-right: 8pt; padding-left: 15pt"&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: left; text-align: justify"&gt;&amp;#160;&amp;#160;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="vertical-align: top; width: 1%; white-space: nowrap; text-align: right; padding-right: 8pt; padding-left: 15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;2. &lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: left; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;As lessee and lessor, the Company has elected not to reassess lease classifications and all leases will continue to be classified as operating leases under the new standard.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; &#13; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;As a result of the adoption of the new lease accounting guidance, the Company recognized on August 1, 2019:&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 10pt Times New Roman; text-align: justify; width: 100%"&gt; &#13; &#13;&lt;tr&gt; &#13;   &lt;td style="padding-left: 15pt; padding-right: 8pt; vertical-align: top; width: 1%"&gt;&lt;font style="font-size: 9.5pt"&gt;&amp;#9679;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: justify"&gt;Operating lease right-of-use assets of $27.1 million.&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr&gt; &#13;   &lt;td style="vertical-align: top; width: 1%"&gt;&lt;font style="font-size: 9.5pt"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr&gt; &#13;   &lt;td style="padding-left: 15pt; padding-right: 8pt; vertical-align: top; width: 1%"&gt;&lt;font style="font-size: 9.5pt"&gt;&amp;#9679;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: justify"&gt;Operating lease liabilities of approximately $17.9 million, based on the net present value of remaining minimum rental payments, discounted using the Company&amp;#8217;s incremental borrowing rate of 3.88%.&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr&gt; &#13;   &lt;td style="vertical-align: top; width: 1%"&gt;&lt;font style="font-size: 9.5pt"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr&gt; &#13;   &lt;td style="padding-left: 15pt; padding-right: 8pt; vertical-align: top; width: 1%"&gt;&lt;font style="font-size: 9.5pt"&gt;&amp;#9679;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: justify"&gt;The initial recording of operating lease right-of-use assets of $27.1 million includes adjustments of approximately $10.2 million primarily relating to building and improvements, net of accumulated depreciation, required pursuant to a ground lease with an affiliate, principally owned by a director of the Company (&amp;#8220;landlord&amp;#8221;). Upon lease termination in 2030, the building and all improvements will be turned over to the landlord as property owner.&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr&gt; &#13;   &lt;td style="vertical-align: top; width: 1%"&gt;&lt;font style="font-size: 9.5pt"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr&gt; &#13;   &lt;td style="padding-left: 15pt; padding-right: 8pt; vertical-align: top; width: 1%"&gt;&lt;font style="font-size: 9.5pt"&gt;&amp;#9679;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: justify"&gt;The initial operating lease liability of $17.9 million includes an adjustment of remaining accrued rent of approximately $.95 million.&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr&gt; &#13;   &lt;td style="vertical-align: top; width: 1%"&gt;&lt;font style="font-size: 9.5pt"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr&gt; &#13;   &lt;td style="padding-left: 15pt; padding-right: 8pt; vertical-align: top; width: 1%"&gt;&lt;font style="font-size: 9.5pt"&gt;&amp;#9679;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: justify"&gt;The Company&amp;#8217;s lessor accounting remains similar under Topic 842 but updated to align with certain changes to the lessee model and the new revenue recognition standard (ASU 2014-09). Upon adoption of the lease standards on August 1, 2019, changes in accounting for the Company&amp;#8217;s lease revenue as lessor were not significant.&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&amp;#160;&lt;font style="font: x-small Times New Roman"&gt;In April 2020,&#13;the FASB issued a Staff Q&amp;#38;A on accounting for leases during the COVID-19 pandemic, focused on the application of lease guidance in&#13;ASC Topic 842, Leases (&amp;#8220;ASC 842&amp;#8221;). The Q&amp;#38;A states that it would be acceptable to make a policy election regarding rent&#13;concessions resulting from COVID-19, which would not require entities to account for these rent concessions as lease modifications under&#13;certain conditions. Entities making the election will continue to recognize rental revenue on a straight-line basis for qualifying concessions.&#13;Rent abatements would be recognized as reductions to revenue during the period in which they were granted. Rent deferrals would result&#13;in an increase to accounts receivable during the deferral period with no impact on rental revenue recognition. The Company elected this&#13;policy for the year ended July 31, 2020. Rent abatements and deferrals resulting from COVID-19 aggregated $22,628 and $245,000 for the&#13;year ending July 31, 2021 and $433,517 and $459,429, for the year ending July 31, 2020, respectively.&lt;/font&gt;&lt;/p&gt;</us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock>
    <us-gaap:FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;In accordance with the provisions of Fair Value Measurements, the following are the Company&amp;#8217;s financial assets measured on a recurring basis presented at fair value.&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt;&#13;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 76%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="23" style="border-bottom: Black 1pt solid; width: 23%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Fair&#13;   value measurements at reporting date&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 76%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Description&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31, 2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Level&#13;   1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Level&#13;   2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Level&#13;   3&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Level&#13;   1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Level&#13;   2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Level&#13;   3&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 76%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Assets:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;b&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 76%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Marketable securities&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,901,093&lt;/font&gt;&lt;/td&gt;&#13; 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  &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,744,905&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,744,905&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</us-gaap:FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock>
    <us-gaap:PropertyPlantAndEquipmentTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Property and equipment are stated at cost. Depreciation is calculated using the straight-line method and the declining-balance method. Amortization of improvements to leased property is calculated over the life of the lease. Lives used to determine depreciation and amortization are generally as follows:&lt;/font&gt;&lt;/p&gt;&#13;&lt;div align="center"&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="width: 60%; line-height: 14pt; border-collapse: collapse"&gt;&#13;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 96%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Buildings and improvements &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;18-40 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 96%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Improvements to leased property &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3-10 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 96%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Fixtures and equipment &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7-12 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 96%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Other &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3-5 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:PropertyPlantAndEquipmentTextBlock>
    <us-gaap:MarketableSecuritiesTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;As of July 31, 2021 and 2020, the Company&amp;#8217;s marketable securities were classified as follows:&lt;/font&gt;&lt;/p&gt; &#13;&lt;div style="padding-left: 15pt"&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 73%; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="13" style="border-bottom: Black 1pt solid; width: 13%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31, 2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="13" style="border-bottom: Black 1pt solid; width: 13%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 73%; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Gross&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="4" style="width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Gross&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Gross&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="4" style="width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Gross&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 73%; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Unrealized&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="4" style="width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Unrealized&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Fair&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Unrealized&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="4" style="width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Unrealized&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Fair&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 73%; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Cost&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Gains&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="4" style="border-bottom: Black 1pt solid; width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Losses&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Value&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Cost&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Gains&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="4" style="border-bottom: Black 1pt solid; width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Losses&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Value&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 73%; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Available-for-sale:&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 30pt; width: 73%; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Mutual funds&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;984,869&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;619,972&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,604,841&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,077,493&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;297,064&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,374,557&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 30pt; width: 73%; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Corporate equity&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="background-color: Silver; padding-left: 45pt; width: 73%; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;securities&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,355,961&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;940,291&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"&gt;&lt;/td&gt; &#13;   &lt;td style="background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,296,252&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center; background-color: Silver"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,553,275&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;823,010&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"&gt;&lt;/td&gt; &#13;   &lt;td style="background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;5,937&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,370,348&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: White"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 73%; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,340,830&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,560,263&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,901,093&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,630,768&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,120,074&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;5,937&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,744,905&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:MarketableSecuritiesTextBlock>
    <us-gaap:InvestmentIncomeTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Investment income for the years ended July 31, 2021 and 2020 consists of the following:&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 60%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&lt;font style="font: xx-small Times New Roman"&gt;2021&lt;/font&gt;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&lt;font style="font: xx-small Times New Roman"&gt;2020&lt;/font&gt;&lt;/b&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 95%; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Interest income&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;850&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;20,446&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Dividend income&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;98,915&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;96,569&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Gain on sale of marketable securities&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;73,783&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;28,546&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 30pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Total&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;173,548&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;145,561&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</us-gaap:InvestmentIncomeTextBlock>
    <us-gaap:ScheduleOfDebtInstrumentsTextBlock contextRef="From2020-08-01to2021-07-31">&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 80%"&gt;&lt;tr style="vertical-align: bottom"&gt;&lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td colspan="7" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Years&#13;   Ended July 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 89%; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Annual&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Final&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Interest&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Payment&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Rate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Date&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Mortgage:&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 30pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Bond St. land and building, Brooklyn, NY (1)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4.375%&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;12/1/2024&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,817,450&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4,829,832&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 30pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Fishkill land and building (2)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3.980%&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4/1/2025&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,832,182&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,967,100&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 30pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Deferred financing costs&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(130,855&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(168,967&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 45pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Total&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,518,777&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;8,627,965&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&amp;#160;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; &#13; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: normal; border-collapse: collapse; width: 100%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="vertical-align: top; width: 1%; text-align: right; padding-right: 8pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;(1) &lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 99%; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;In November 2019, the Company refinanced the remaining balance of a $6,000,000, 3.54% interest rate loan with another bank for $5,255,920 plus an additional $144,080 for a total of $5,400,000. The interest rate on the new loan is fixed at 4.375%. The loan is self-liquidating over a period of five years and secured by the Nine Bond Street land and building in Brooklyn, New York.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="vertical-align: top; text-align: left; padding-right: 8pt"&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="vertical-align: top; text-align: right; padding-right: 8pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;(2) &lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;In March 2020, the Company obtained a loan with a bank in the amount of $4,000,000 to finance renovations and brokerage commissions relating to space leased to a community college at the Fishkill, New York building. The loan is secured by the Fishkill, New York land and building; amortized over a 20-year period with an interest rate of 3.98% and is due in five years.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</us-gaap:ScheduleOfDebtInstrumentsTextBlock>
    <us-gaap:ScheduleOfMaturitiesOfLongTermDebtTableTextBlock contextRef="From2020-08-01to2021-07-31">&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: normal; border-collapse: collapse; width: 100%"&gt;&lt;tr style="vertical-align: bottom"&gt;&lt;td style="vertical-align: top; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Maturities of long-term mortgages outstanding at July 31, 2021 are as follows:&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="vertical-align: top; text-align: left; padding-right: 8pt"&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; &#13; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 60%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Year&#13;   Ended July 31:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="3" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Amount&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="width: 96%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2022&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,198,600&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2023&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,252,196&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2024&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,308,071&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2025&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,890,765&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Subtotal&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,649,632&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Deferred financing costs&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(130,855&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Total&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,518,777&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</us-gaap:ScheduleOfMaturitiesOfLongTermDebtTableTextBlock>
    <us-gaap:OperatingLeaseLeaseIncomeTableTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The following table disaggregates the Company&amp;#8217;s revenues by lease and non-lease components:&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 80%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Years&#13;   Ended July 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 95%; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Base rent - fixed&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;18,355,925&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;17,392,398&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Reimbursements of common area costs&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;751,618&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;781,119&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Non-lease components (real estate taxes)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,105,336&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,358,329&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Rental income&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;20,212,879&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;19,531,846&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</us-gaap:OperatingLeaseLeaseIncomeTableTextBlock>
    <us-gaap:LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Future minimum non-cancelable rental income for leases with initial or remaining terms of one year or more is as follows:&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 80%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Company&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Owned&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Leased&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; padding-left: 15pt; white-space: nowrap; text-align: center; text-indent: -15pt"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Year&#13;   Ended July 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Property&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Property&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 90%; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;2022&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;11,118,307&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4,934,146&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;16,052,453&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;2023&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;9,790,555&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,252,460&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;13,043,015&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;2024&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,779,932&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,968,843&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;10,748,775&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;2025&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,411,636&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,583,441&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;9,995,077&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;2026&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;6,562,590&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,448,958&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;9,011,548&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;After 2026&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;33,453,204&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,336,769&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;40,789,973&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 30pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Total&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;76,116,224&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;23,524,617&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;99,640,841&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</us-gaap:LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock>
    <mays:EffectOnOperatingLeaseRightofuseAssetsLiabilitiesAndRentExpenseTableTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Effective April 1, 2020, four of the Company&amp;#8217;s property leases were extended. The effect of these lease extensions on the measurement of operating lease right-of-use assets, liabilities and rent expense follows:&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 80%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Operating&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Operating&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Monthly&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Lease&#13;   Right-&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Lease&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Rent&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;of-Use-Asset&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Liability&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Expense&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 92%; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Upon initial adoption, August 1, 2019&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;27,104,937&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;17,863,507&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;249,955&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;After various lease extensions through April 30, 2020&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;37,698,819&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;29,326,365&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;277,570&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</mays:EffectOnOperatingLeaseRightofuseAssetsLiabilitiesAndRentExpenseTableTextBlock>
    <us-gaap:LesseeOperatingLeaseLiabilityMaturityTableTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The following is a maturity analysis of the annual undiscounted cash flows of the operating lease liabilities as of July 31, 2021:&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td colspan="3" style="width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Operating&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="border-bottom: Black 1pt solid; font: x-small Times New Roman; padding-bottom: 1pt"&gt;Year&#13;   ended July 31&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td colspan="3" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Leases&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="background-color: Silver; vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2022&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,116,363&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2023&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,132,944&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="background-color: Silver; vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2024&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,150,128&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2025&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,167,284&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="background-color: Silver; vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2026&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,223,672&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Thereafter&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;25,327,631&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="background-color: Silver; vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Total undiscounted cash flows&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;36,118,022&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Less: present value discount&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(8,277,092&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="background-color: Silver; vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Total Lease Liabilities&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;27,840,930&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</us-gaap:LesseeOperatingLeaseLiabilityMaturityTableTextBlock>
    <mays:OperatingLeaseLeaseIncomeOneTableTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Rental income for each of the fiscal years 2021 and 2020 is as follows:&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 60%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Years&#13;   Ended July 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 95%; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Minimum rentals&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 30pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Company owned property&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;11,798,456&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;10,940,491&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 30pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Leased property&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;6,557,469&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;6,451,907&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;18,355,925&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;17,392,398&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Contingent rentals&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 30pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Company owned property&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,237,614&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,454,827&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 30pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Leased property&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;619,340&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;684,621&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,856,954&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,139,448&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 45pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Total&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;20,212,879&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;19,531,846&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</mays:OperatingLeaseLeaseIncomeOneTableTextBlock>
    <us-gaap:ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Income taxes provided for the years ended July 31, 2021 and 2020 consist of the following:&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 15pt; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="3" style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt; &#13;   &lt;td colspan="3" style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 15pt; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Current:&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 30pt; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Federal&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 15pt; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Deferred taxes (benefit):&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 30pt; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Federal&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(108,000&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(247,000&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 30pt; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;State&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(51,000&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(108,000&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 15pt; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Income tax provision (benefit)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(159,000&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="padding-bottom: 1pt; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(355,000&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="padding-bottom: 1pt; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</us-gaap:ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock>
    <us-gaap:ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Taxes provided for the years ended July 31, 2021 and 2020 differ from amounts which would result from applying the federal statutory tax rate to pre-tax income, as follows:&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt;&#13;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 92%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;2021&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;2020&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 92%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Income (loss) before income taxes &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;239,032&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(1,261,005&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 92%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Paycheck Protection Program Loan Forgiveness &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(722,726&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 92%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Other-net &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(21,690&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(16,158&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 92%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Adjusted pre-tax income (loss)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(505,384&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(1,277,163&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 92%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Statutory rate &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;21.00&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;%&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;21.00&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 92%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Income tax provision (benefit) at statutory rate &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(106,131&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(268,204&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 92%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;State deferred income taxes (benefit)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(51,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(108,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 92%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Other-net &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(1,869&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;21,204&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 92%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Income tax provision (benefit) &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(159,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(355,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</us-gaap:ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock>
    <us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Significant components of the Company&amp;#8217;s deferred tax assets and liabilities as of July 31, 2021 and 2020 are a result of temporary differences related to the items described as follows:&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt;&#13;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="white-space: nowrap; width: 88%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; width: 1%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="white-space: nowrap; width: 2%; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Deferred&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; width: 1%; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="white-space: nowrap; width: 2%; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Deferred&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; width: 1%; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="white-space: nowrap; width: 2%; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Deferred&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; width: 1%; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="white-space: nowrap; width: 2%; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Deferred&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="white-space: nowrap; width: 88%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; width: 1%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; width: 2%; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Tax&#13;   Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; width: 1%; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; width: 2%; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Tax&#13;   Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; width: 1%; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; width: 2%; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Tax&#13;   Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; width: 1%; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; width: 2%; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Tax&#13;   Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Rental income received in advance &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;148,033&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right; vertical-align: bottom"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;175,145&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Anticipated PPP loan expenses to be forgiven &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;199,390&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Operating lease liabilities &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,680,923&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;8,013,099&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Federal net operating loss carryforward &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,171,510&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,764,769&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;State net operating loss carryforward &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;809,951&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;693,541&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Unbilled receivables &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;569,029&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;412,343&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Property and equipment &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4,963,194&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4,671,246&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Unrealized gain on marketable securities &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;430,455&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;307,375&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Operating lease right-of-use assets&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;9,536,322&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;10,229,036&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Other &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;106,583&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;33,056&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;10,917,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; vertical-align: bottom; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;&amp;#160;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;15,499,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;10,879,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;&amp;#160;$&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;15,620,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Net deferred tax liability&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; vertical-align: bottom; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4,582,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4,741,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock>
    <mays:ScheduleOfComponentsOfDeferredTaxProvisionBenefitTableTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Components of the deferred tax provision (benefit) for the years ended July 31, 2021 and 2020 consist of the following:&lt;/font&gt;&lt;/p&gt;&#13;&lt;div align="center"&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 80%"&gt;&#13;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 90%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 90%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Book depreciation exceeding (less than) tax depreciation&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;291,723&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(1,691,703&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 90%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Increase in reserve for bad debts &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(65,109&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(17,220&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 90%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Lease expense per book in excess of cash paid &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(360,537&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,477,725&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 90%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Federal net operating loss carryforward &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(406,742&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(924,647&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 90%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;State net operating loss carryforward &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(116,410&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(22,687&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 90%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Decrease of rental income received in advance &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;27,111&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;39,637&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 90%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Anticipated PPP loan expenses to be forgiven &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;199,390&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(199,390&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 90%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Increase (decrease) in unbilled receivables &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;156,686&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(47,962&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 90%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Other &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;114,888&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;31,247&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 90%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(159,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(355,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mays:ScheduleOfComponentsOfDeferredTaxProvisionBenefitTableTextBlock>
    <us-gaap:ScheduleOfRestrictedCashAndCashEquivalentsTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The following is a reconciliation of the Company&amp;#8217;s cash and cash equivalents and restricted cash to the total presented on the consolidated statement of cash flows:&lt;/font&gt;&lt;/p&gt;&#13;&lt;div align="center"&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 60%"&gt;&#13;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 94%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 94%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 94%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Cash and cash equivalents &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,552,389&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,260,135&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 94%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Restricted cash, tenant security deposits &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;783,470&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;794,151&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 94%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Restricted cash, escrow &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;71,720&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;321,675&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 94%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Restricted cash, other &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;27,140&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;27,840&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 94%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,434,719&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4,403,801&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfRestrictedCashAndCashEquivalentsTextBlock>
    <us-gaap:ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Supplemental disclosure:&lt;/font&gt;&lt;/p&gt;&#13;&lt;div align="center"&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 60%"&gt;&#13;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 92%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="6" style="border-bottom: Black 1pt solid; width: 6%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 92%; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 92%; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Cash Flow Information&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="padding-left: 30pt; width: 92%; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Interest paid, net of capitalized interest of $115,415 (2021), and $112,074 (2020) &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;272,070&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;153,107&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="padding-left: 15pt; width: 92%; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Income tax (refunded)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(23,040&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(23,041&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;   &lt;td style="width: 92%"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 92%; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Non-cash information&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="text-indent: -15pt; padding-left: 30pt; width: 92%; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Recognition of operating lease right-of-use assets&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;39,464,411&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="padding-left: 15pt; width: 92%; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Recognition of operating lease liabilities &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;30,222,981&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="padding-left: 15pt; width: 92%; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Mortgage refinance &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;5,255,920&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</us-gaap:ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock>
    <mays:ScheduleOfFinancialInstrumentsTableTextBlock contextRef="From2020-08-01to2021-07-31">&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31, 2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Carrying&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Fair&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Carrying&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Fair&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Value&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Value&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Value&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Value&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Cash and cash equivalents &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,552,389&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,552,389&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,260,135&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,260,135&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Marketable securities &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,901,093&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,901,093&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,744,905&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,744,905&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Restricted cash &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;882,330&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;882,330&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,143,666&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,143,666&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Mortgages and note payable &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,649,632&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;8,088,201&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;9,519,658&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;9,915,121&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</mays:ScheduleOfFinancialInstrumentsTableTextBlock>
    <mays:ScheduleOfDeferredChargesTableTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Deferred charges for the fiscal years ended July 31, 2021 and 2020 consist of the following:&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt;&#13;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31, 2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Gross&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Gross&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Carrying&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Accumulated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Carrying&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Accumulated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Amount&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Amortization&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Amount&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Amortization&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Leasing brokerage commissions &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;5,266,672&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,579,460&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4,204,638&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,281,010&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Professional fees for leasing &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;127,810&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;75,779&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;151,704&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;88,684&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Total&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;5,394,482&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,655,239&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4,356,342&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,369,694&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</mays:ScheduleOfDeferredChargesTableTextBlock>
    <mays:ScheduleOfDeferredChargesFutureAmortizationExpenseTableTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The estimated aggregate amortization expense for each of the five succeeding fiscal years is as follows:&lt;/font&gt;&lt;/p&gt;&#13;&lt;div align="center"&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 60%"&gt;&#13;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; vertical-align: bottom; width: 98%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Year&#13;   Ended July 31&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center; vertical-align: bottom"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; vertical-align: bottom; width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Amortization&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 98%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2022&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;$427,013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 98%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2023&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;$425,017&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 98%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2024&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;$394,396&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 98%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2025&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;$352,943&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 98%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2026&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;$333,292&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;</mays:ScheduleOfDeferredChargesFutureAmortizationExpenseTableTextBlock>
    <us-gaap:ScheduleOfRelatedPartyTransactionsTableTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The following summarizes assets and liabilities related to these two leases:&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt;&#13;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 86%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Right-Of-Use&#13;   Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 86%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13;   31&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;July&#13; 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  D&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="8" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Col.&#13;   E&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Col.&#13;   F&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Col.&#13;   G&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Col.&#13;   H&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Col.&#13;   I&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Initial&#13;   Cost to Company&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="6" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Cost&#13;   Capitalized&lt;br /&gt;Subsequent to&lt;br /&gt;Acquisition&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="8" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Gross&#13;   Amount at Which Carried&lt;br /&gt;At Close of Period&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td rowspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Life&#13;   on Which&lt;br /&gt;Depreciation in&lt;br /&gt;Latest Income&lt;br /&gt;Statement is&lt;br /&gt;Computed&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Description&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Encumbrances&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Land&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Building&#13;   &amp;#38;&lt;br /&gt;Improvements&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Improvements&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td colspan="3" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Carried&lt;br /&gt;Cost&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Land&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Building&#13;   &amp;#38;&lt;br /&gt;Improvements&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Accumulated&lt;br /&gt;Depreciation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Date&#13;   of&lt;br /&gt;Construction&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Date&lt;br /&gt;Acquired&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left; width: 67%"&gt;&lt;font style="font: x-small Times New Roman"&gt;Office and Rental Buildings&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left; width: 1%"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left; width: 1%"&gt;&amp;#160;&amp;#160;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left; width: 1%"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: middle; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; text-align: left; width: 1%"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left; width: 1%"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left; width: 1%"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left; width: 1%"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left; width: 1%"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left; width: 1%"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left; width: 1%"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left; width: 1%"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Brooklyn, New York&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: middle; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;    &lt;td&gt;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Fulton Street at Bond Street&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,817,450&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,901,349&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,403,468&lt;/font&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&amp;#160;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;24,346,123&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&amp;#160;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&amp;#160;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right; vertical-align: middle"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt; &#13;    &lt;td&gt;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&amp;#160;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,901,349&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;31,749,591&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;35,650,940&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; 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  &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;4/69&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;6/62&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Circleville, Ohio Tarlton Road&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;120,849&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4,388,456&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;86,520&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; vertical-align: middle; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt; &#13;    &lt;td style="border-bottom: Black 1pt solid"&gt; &lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;120,849&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4,474,976&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4,595,825&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,140,543&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;9/92&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;12/92&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Total(A)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,649,632&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;6,067,805&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;19,732,367&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&amp;#160;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;56,696,260&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; vertical-align: middle; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt; &#13;    &lt;td style="border-bottom: Black 2pt double"&gt;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;6,067,805&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;76,428,627&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;82,496,432&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;34,548,196&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; &#13;&lt;div&gt;&lt;font style="font-size: 7.5pt"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 11pt; border-collapse: collapse; width: 100%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;(1)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 2%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Building and improvements &lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 97%; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;18&amp;#8211;40 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;(2)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 2%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Improvements to leased property&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160; &lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="vertical-align: top; width: 97%; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;3&amp;#8211;40 years&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;(3)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="vertical-align: top; width: 99%; text-align: left; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The initial recording of operating lease right-of-use assets of $27.1 million includes adjustments of approximately $10.2 million primarily relating to building and improvements, net of accumulated depreciation, required pursuant to a ground lease with an affiliate, principally owned by a director of the Company (&amp;#8220;landlord&amp;#8221;). Upon lease termination in 2030, the building and all improvements will be turned over to the landlord as property owner (See Notes 1 and 11 to the Accompanying Consolidated Financial Statements). Leasehold improvements are amortized over the life of the lease.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;(A)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="vertical-align: top; width: 99%; text-align: left; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Does not include Office Furniture and Equipment and Transportation Equipment in the amount of $363,428 and Accumulated Depreciation thereon of $245,262 at July 31, 2021.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&lt;div&gt;&lt;font style="font-size: 7.5pt"&gt;&amp;#160;&lt;/font&gt;&lt;/div&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="width: 40%; line-height: 12.5pt; border-collapse: collapse"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 33%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 34%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td colspan="6" style="border-bottom: Black 1pt solid; width: 33%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Year&#13;   Ended July 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 33%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 34%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 11%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 10%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="3" style="border-bottom: Black 1pt solid; width: 12%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="width: 33%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Investment&#13;   in Real Estate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 34%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt; &#13;   &lt;td style="width: 2%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 9%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 10%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 10%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 33%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Balance at Beginning of Year&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 34%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 9%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;80,286,244&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 10%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 10%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;96,333,110&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="width: 33%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Improvements&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 34%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 2%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 9%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,210,188&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 10%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 10%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;5,840,914&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 33%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Retirements&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 34%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 9%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 10%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 10%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(21,887,780&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="width: 33%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Balance at End of Year&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 34%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; width: 9%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;82,496,432&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 10%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; width: 10%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;80,286,244&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 33%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Accumulated&#13;   Depreciation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 34%; white-space: nowrap; text-align: left"&gt;&lt;b&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td style="width: 2%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 9%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 10%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 10%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="width: 33%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Balance at Beginning of Year&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 34%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 9%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;32,805,218&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 10%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 10%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;43,310,270&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 33%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Additions Charged to Costs and Expenses&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 34%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 2%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 9%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,742,978&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 10%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 10%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,626,230&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="width: 33%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Retirements&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 34%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 9%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8212;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 10%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 10%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(12,131,282&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 33%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Balance at End of Year&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 34%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; width: 2%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; width: 9%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;34,548,196&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 10%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 2pt double; width: 10%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;32,805,218&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</srt:RealEstateAndAccumulatedDepreciationDisclosureTextBlock>
    <us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets contextRef="From2019-08-01to2020-07-31" unitRef="USD" decimals="0">229881</us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets>
    <us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets contextRef="From2020-08-01to2021-07-31" unitRef="USD" decimals="0">-4855</us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets>
    <us-gaap:IncreaseDecreaseInDeferredCharges contextRef="From2019-08-01to2020-07-31" unitRef="USD" decimals="0">708713</us-gaap:IncreaseDecreaseInDeferredCharges>
    <us-gaap:IncreaseDecreaseInDeferredCharges contextRef="From2020-08-01to2021-07-31" unitRef="USD" decimals="0">1138562</us-gaap:IncreaseDecreaseInDeferredCharges>
    <us-gaap:GainLossOnSaleOfPropertyPlantEquipment contextRef="From2019-08-01to2020-07-31" unitRef="USD" decimals="0">-40992</us-gaap:GainLossOnSaleOfPropertyPlantEquipment>
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    <us-gaap:ScheduleOfCreditLossesForFinancingReceivablesCurrentTableTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Activity in the allowance for uncollectible receivables for each period follows:&lt;/font&gt;&lt;/p&gt;&#13;&lt;div align="center"&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="width: 80%; line-height: 14pt; border-collapse: collapse"&gt;&#13;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="6" style="width: 10%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Allowance&#13;   for&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="6" style="width: 10%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Uncollectible&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="6" style="border-bottom: #000000 1pt solid; width: 10%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Accounts&#13;   Receivable&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: #000000 1pt solid; width: 9%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Bad&#13;   Debt Expense&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="6" style="border-bottom: #000000 1pt solid; width: 10%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Period&#13;   Ended July 31&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: #000000 1pt solid; width: 9%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Period&#13;   Ended July 31&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Beginning balance &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;82,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Charge-offs &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;254,000&lt;/font&gt;&lt;/td&gt;&#13; 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  &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(91,840&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 77%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Rent Abatements reclassified to reduce rental income &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;&amp;#8211;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(249,392&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13; 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white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;318,000&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;82,000&lt;/font&gt;&lt;/td&gt;&#13; 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    <mays:ScheduleOfAdditionalInformationRelatedToLeasesTableTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;As of July 31, 2021, our operating leases had a weighted average remaining lease term of 17.37 years and a weighted average discount rate of 2.87%.&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Years&#13;   Ended July 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Other information:&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Operating cash flows from operating leases&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,024,246&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,931,545&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</mays:ScheduleOfAdditionalInformationRelatedToLeasesTableTextBlock>
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    <mays:SubleaseIncomeNetOfLeaseCost contextRef="From2019-08-01to2020-07-31" unitRef="USD" decimals="0">2619255</mays:SubleaseIncomeNetOfLeaseCost>
    <mays:SubleaseIncomeNetOfLeaseCost contextRef="From2020-08-01to2021-07-31" unitRef="USD" decimals="0">2409149</mays:SubleaseIncomeNetOfLeaseCost>
    <mays:ScheduleOfNetSubleaseIncomeTableTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Operating lease costs for leased real property was exceeded by sublease rental income from the Company&amp;#8217;s real estate operations as follows:&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td colspan="7" style="border-bottom: Black 1pt solid; width: 7%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Years Ended July 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td colspan="3" style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt; &#13;   &lt;td colspan="3" style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Sublease income&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,176,809&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,136,528&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Operating lease cost&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(4,767,660&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(4,517,273&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Excess of sublease income over lease cost&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,409,149&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,619,255&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</mays:ScheduleOfNetSubleaseIncomeTableTextBlock>
    <mays:OperatingLeasesTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;5. OPERATING LEASES:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Lessor&lt;/b&gt;&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The Company leases office and retail space to tenants under operating leases in commercial buildings. The rental terms range from approximately 5 to 49 years. The leases provide for the payment of fixed base rent payable monthly in advance as well as reimbursements of real estate taxes and common area costs. The Company has elected to account for lease revenues and the reimbursements of common area costs as a single component included as rental income in our consolidated statements of operations.&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The following table disaggregates the Company&amp;#8217;s revenues by lease and non-lease components:&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 80%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Years&#13;   Ended July 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 95%; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Base rent - fixed&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;18,355,925&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;17,392,398&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Reimbursements of common area costs&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;751,618&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;781,119&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Non-lease components (real estate taxes)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,105,336&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,358,329&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Rental income&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;20,212,879&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;19,531,846&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; &#13; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Rental income for each of the fiscal years 2021 and 2020 is as follows:&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 60%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Years&#13;   Ended July 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 95%; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Minimum rentals&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 30pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Company owned property&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;11,798,456&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;10,940,491&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 30pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Leased property&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;6,557,469&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;6,451,907&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;18,355,925&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;17,392,398&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Contingent rentals&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 30pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Company owned property&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,237,614&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,454,827&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 30pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Leased property&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;619,340&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;684,621&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,856,954&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,139,448&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 45pt; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Total&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;20,212,879&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;19,531,846&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; &#13; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Future minimum non-cancelable rental income for leases with initial or remaining terms of one year or more is as follows:&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 80%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Company&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Owned&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Leased&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; padding-left: 15pt; white-space: nowrap; text-align: center; text-indent: -15pt"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Year&#13;   Ended July 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Property&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Property&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 90%; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;2022&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;11,118,307&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;4,934,146&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;16,052,453&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;2023&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;9,790,555&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;3,252,460&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;13,043,015&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;2024&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,779,932&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,968,843&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;10,748,775&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;2025&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,411,636&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,583,441&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;9,995,077&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;2026&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;6,562,590&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,448,958&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;9,011,548&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;After 2026&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;33,453,204&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,336,769&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;40,789,973&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 30pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Total&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;76,116,224&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;23,524,617&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;99,640,841&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; &#13; &#13;&#13; &#13;&lt;p style="text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;&lt;b&gt;Lessee&lt;/b&gt;&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The Company&amp;#8217;s real estate operations include leased properties under long-term, non-cancelable operating lease agreements. The leases expire at various dates through 2073, including options to extend or terminate the lease when it is reasonably certain the Company will exercise that option. Certain leases provide for increases in future minimum annual rental payments as defined in the lease agreements.&lt;/font&gt;&lt;/p&gt; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Effective April 1, 2020, four of the Company&amp;#8217;s property leases were extended. The effect of these lease extensions on the measurement of operating lease right-of-use assets, liabilities and rent expense follows:&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 80%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Operating&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Operating&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Monthly&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Lease&#13;   Right-&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Lease&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Rent&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;of-Use-Asset&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Liability&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Expense&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="padding-left: 15pt; width: 92%; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;Upon initial adoption, August 1, 2019&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;27,104,937&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;17,863,507&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;249,955&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"&gt;&lt;font style="font: x-small Times New Roman"&gt;After various lease extensions through April 30, 2020&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;37,698,819&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;29,326,365&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;277,570&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; &#13; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Operating lease costs for leased real property was exceeded by sublease rental income from the Company&amp;#8217;s real estate operations as follows:&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td colspan="7" style="border-bottom: Black 1pt solid; width: 7%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Years Ended July 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td colspan="3" style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt; &#13;   &lt;td colspan="3" style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Sublease income&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,176,809&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;7,136,528&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Operating lease cost&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(4,767,660&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(4,517,273&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="width: 93%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Excess of sublease income over lease cost&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,409,149&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,619,255&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; &#13; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;As of July 31, 2021, our operating leases had a weighted average remaining lease term of 17.37 years and a weighted average discount rate of 2.87%.&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Years&#13;   Ended July 31,&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/td&gt; &#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Other information:&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Operating cash flows from operating leases&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,024,246&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,931,545&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt; &#13; &#13;&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;The following is a maturity analysis of the annual undiscounted cash flows of the operating lease liabilities as of July 31, 2021:&lt;/font&gt;&lt;/p&gt; &#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt; &#13; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt; &#13;   &lt;td colspan="3" style="width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Operating&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="border-bottom: Black 1pt solid; font: x-small Times New Roman; padding-bottom: 1pt"&gt;Year&#13;   ended July 31&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td colspan="3" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Leases&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="background-color: Silver; vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2022&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,116,363&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2023&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,132,944&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="background-color: Silver; vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2024&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,150,128&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2025&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,167,284&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="background-color: Silver; vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;2026&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;2,223,672&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Thereafter&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;25,327,631&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="background-color: Silver; vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Total undiscounted cash flows&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;36,118,022&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Less: present value discount&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;(8,277,092&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt; &#13;&lt;tr style="background-color: Silver; vertical-align: bottom"&gt; &#13;   &lt;td style="width: 95%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Total Lease Liabilities&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt; &#13;   &lt;td style="border-bottom: Black 1.5pt double; width: 3%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;27,840,930&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</mays:OperatingLeasesTextBlock>
    <mays:ScheduleOfRelatedPartyRentPaymentsAndExpenseTableTextBlock contextRef="From2020-08-01to2021-07-31">&lt;p style="text-indent: 15pt; text-align: justify"&gt;&lt;font style="font: x-small Times New Roman"&gt;Rent payments and expense relating to these two operating leases with Landlord follow:&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"&gt;&#13;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Rent&#13;   Payments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Rent&#13;   Expense&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Year&#13;   Ended July 31&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Year&#13;   Ended July 31&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="line-height: normal; vertical-align: bottom"&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;Property&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: center"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"&gt;&lt;font style="font: xx-small Times New Roman"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: Silver"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;Jamaica Avenue at 169&lt;sup&gt;th &lt;/sup&gt;Street &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;624,994&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;624,994&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,517,437&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;$&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;1,582,344&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;   &lt;td style="width: 88%; white-space: nowrap; text-align: left"&gt;&lt;font style="font: x-small Times New Roman"&gt;504-506 Fulton Street &lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: left"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;362,256&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;362,256&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;font style="font: x-small Times New Roman"&gt;350,438&lt;/font&gt;&lt;/td&gt;&#13;   &lt;td style="width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"&gt;&lt;/td&gt;&#13;   &lt;td style="border-bottom: Black 1pt solid; 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</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>9
<FILENAME>mays-20210731_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
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<TYPE>EX-101.LAB
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<FILENAME>mays-20210731_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_FederalOperatingLossCarryforwardMember_lbl" xml:lang="en-US">Federal Net Operating Loss Carryforward [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_StateNetOperatingLossCarryforwardMember" xlink:label="mays_StateNetOperatingLossCarryforwardMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_StateNetOperatingLossCarryforwardMember" xlink:to="mays_StateNetOperatingLossCarryforwardMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_StateNetOperatingLossCarryforwardMember_lbl" xml:lang="en-US">State net operating loss carryforward [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_OtherDeferredIncomeTaxExpenseMember" xlink:label="mays_OtherDeferredIncomeTaxExpenseMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OtherDeferredIncomeTaxExpenseMember" xlink:to="mays_OtherDeferredIncomeTaxExpenseMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_OtherDeferredIncomeTaxExpenseMember_lbl" xml:lang="en-US">Other Deferred Income Tax Expense [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_BuildingAndBuildingImprovementsMember" xlink:label="us-gaap_BuildingAndBuildingImprovementsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BuildingAndBuildingImprovementsMember" xlink:to="us-gaap_BuildingAndBuildingImprovementsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BuildingAndBuildingImprovementsMember_lbl" xml:lang="en-US">Buildings and Improvements [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="us-gaap_StatementEquityComponentsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementEquityComponentsAxis" xlink:to="us-gaap_StatementEquityComponentsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementEquityComponentsAxis_lbl" xml:lang="en-US">Equity Components [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_CommonStockMember" xlink:label="us-gaap_CommonStockMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockMember" xlink:to="us-gaap_CommonStockMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockMember_lbl" xml:lang="en-US">Common Stock [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="us-gaap_AdditionalPaidInCapitalMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdditionalPaidInCapitalMember" xlink:to="us-gaap_AdditionalPaidInCapitalMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdditionalPaidInCapitalMember_lbl" xml:lang="en-US">Additional Paid In Capital [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="us-gaap_RetainedEarningsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RetainedEarningsMember" xlink:to="us-gaap_RetainedEarningsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RetainedEarningsMember_lbl" xml:lang="en-US">Retained Earnings [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_TreasuryStockMember" xlink:label="us-gaap_TreasuryStockMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockMember" xlink:to="us-gaap_TreasuryStockMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockMember_lbl" xml:lang="en-US">Common Stock Held in Treasury [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:to="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xml:lang="en-US">Fair Value, Hierarchy [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="us-gaap_FairValueInputsLevel1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel1Member" xlink:to="us-gaap_FairValueInputsLevel1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xml:lang="en-US">Fair Value, Inputs, Level 1 [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="us-gaap_FairValueInputsLevel2Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel2Member" xlink:to="us-gaap_FairValueInputsLevel2Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueInputsLevel2Member_lbl" xml:lang="en-US">Fair Value, Inputs, Level 2 [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="us-gaap_FairValueInputsLevel3Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueInputsLevel3Member" xlink:to="us-gaap_FairValueInputsLevel3Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xml:lang="en-US">Fair Value, Inputs, Level 3 [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis" xlink:label="srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis" xlink:to="srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_lbl" xml:lang="en-US">Name of Property [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_BondSt.LandAndBuildingBrooklynNYMember" xlink:label="mays_BondSt.LandAndBuildingBrooklynNYMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_BondSt.LandAndBuildingBrooklynNYMember" xlink:to="mays_BondSt.LandAndBuildingBrooklynNYMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_BondSt.LandAndBuildingBrooklynNYMember_lbl" xml:lang="en-US">Bond St. land and building, Brooklyn, NY [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_ConcentrationRiskByBenchmarkAxis" xlink:label="us-gaap_ConcentrationRiskByBenchmarkAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConcentrationRiskByBenchmarkAxis" xlink:to="us-gaap_ConcentrationRiskByBenchmarkAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConcentrationRiskByBenchmarkAxis_lbl" xml:lang="en-US">Concentration Risk Benchmark [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_AccountsReceivableMember" xlink:label="us-gaap_AccountsReceivableMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsReceivableMember" xlink:to="us-gaap_AccountsReceivableMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsReceivableMember_lbl" xml:lang="en-US">Allowance for Uncollectible Accounts Receivable [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_ConcentrationRiskByTypeAxis" xlink:label="us-gaap_ConcentrationRiskByTypeAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConcentrationRiskByTypeAxis" xlink:to="us-gaap_ConcentrationRiskByTypeAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConcentrationRiskByTypeAxis_lbl" xml:lang="en-US">Concentration Risk Type [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_CustomerConcentrationRiskMember" xlink:label="us-gaap_CustomerConcentrationRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CustomerConcentrationRiskMember" xlink:to="us-gaap_CustomerConcentrationRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CustomerConcentrationRiskMember_lbl" xml:lang="en-US">Customer Concentration Risk [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_MajorCustomersAxis" xlink:label="srt_MajorCustomersAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_MajorCustomersAxis" xlink:to="srt_MajorCustomersAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_MajorCustomersAxis_lbl" xml:lang="en-US">Customer [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_CustomerFourMember" xlink:label="mays_CustomerFourMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_CustomerFourMember" xlink:to="mays_CustomerFourMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_CustomerFourMember_lbl" xml:lang="en-US">Four Customers [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_SalesRevenueNetMember" xlink:label="us-gaap_SalesRevenueNetMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SalesRevenueNetMember" xlink:to="us-gaap_SalesRevenueNetMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SalesRevenueNetMember_lbl" xml:lang="en-US">Sales Revenue, Net [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_CustomerThreeMember" xlink:label="mays_CustomerThreeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_CustomerThreeMember" xlink:to="mays_CustomerThreeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_CustomerThreeMember_lbl" xml:lang="en-US">Three Customers [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_DeferredChargesAxis" xlink:label="mays_DeferredChargesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredChargesAxis" xlink:to="mays_DeferredChargesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_DeferredChargesAxis_lbl" xml:lang="en-US">Deferred Charges [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_LeasingBrokerageCommissionsMember" xlink:label="mays_LeasingBrokerageCommissionsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_LeasingBrokerageCommissionsMember" xlink:to="mays_LeasingBrokerageCommissionsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_LeasingBrokerageCommissionsMember_lbl" xml:lang="en-US">Leasing Brokerage Commissions [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_ProfessionalFeesForLeasingMember" xlink:label="mays_ProfessionalFeesForLeasingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_ProfessionalFeesForLeasingMember" xlink:to="mays_ProfessionalFeesForLeasingMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_ProfessionalFeesForLeasingMember_lbl" xml:lang="en-US">Professional Fees For Leasing [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_JamaicaNewYorkBuildingMember" xlink:label="mays_JamaicaNewYorkBuildingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_JamaicaNewYorkBuildingMember" xlink:to="mays_JamaicaNewYorkBuildingMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_JamaicaNewYorkBuildingMember_lbl" xml:lang="en-US">Jamaica, New York [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_FishkillNewYorkPropertyMember" xlink:label="mays_FishkillNewYorkPropertyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_FishkillNewYorkPropertyMember" xlink:to="mays_FishkillNewYorkPropertyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_FishkillNewYorkPropertyMember_lbl" xml:lang="en-US">Fishkill, New York Property [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_BrooklynNewYorkJoweinBuildingFultonStreetAndElmPlaceMember" xlink:label="mays_BrooklynNewYorkJoweinBuildingFultonStreetAndElmPlaceMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_BrooklynNewYorkJoweinBuildingFultonStreetAndElmPlaceMember" xlink:to="mays_BrooklynNewYorkJoweinBuildingFultonStreetAndElmPlaceMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_BrooklynNewYorkJoweinBuildingFultonStreetAndElmPlaceMember_lbl" xml:lang="en-US">Brooklyn, New York, Jowein Building, Fulton Street and Elm Place Property [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_LevittownNewYorkHempsteadTurnpikeMember" xlink:label="mays_LevittownNewYorkHempsteadTurnpikeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_LevittownNewYorkHempsteadTurnpikeMember" xlink:to="mays_LevittownNewYorkHempsteadTurnpikeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_LevittownNewYorkHempsteadTurnpikeMember_lbl" xml:lang="en-US">Levittown, New York, Hempstead Turnpike [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_CirclevilleOhioTarltonRoadMember" xlink:label="mays_CirclevilleOhioTarltonRoadMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_CirclevilleOhioTarltonRoadMember" xlink:to="mays_CirclevilleOhioTarltonRoadMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_CirclevilleOhioTarltonRoadMember_lbl" xml:lang="en-US">Circleville, Ohio, Tarlton Road [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_OfficeFurnitureAndEquipmentAndTransportationEquipmentMember" xlink:label="mays_OfficeFurnitureAndEquipmentAndTransportationEquipmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OfficeFurnitureAndEquipmentAndTransportationEquipmentMember" xlink:to="mays_OfficeFurnitureAndEquipmentAndTransportationEquipmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_OfficeFurnitureAndEquipmentAndTransportationEquipmentMember_lbl" xml:lang="en-US">Office Furniture and Equipment and Transportation Equipment [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentAxis" xlink:to="us-gaap_DebtInstrumentAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentAxis_lbl" xml:lang="en-US">Debt Instrument [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_AnotherBankMember" xlink:label="mays_AnotherBankMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_AnotherBankMember" xlink:to="mays_AnotherBankMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_AnotherBankMember_lbl" xml:lang="en-US">Another Bank [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_SmallBusinessAdministrationLoanMember" xlink:label="mays_SmallBusinessAdministrationLoanMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_SmallBusinessAdministrationLoanMember" xlink:to="mays_SmallBusinessAdministrationLoanMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_SmallBusinessAdministrationLoanMember_lbl" xml:lang="en-US">SBA Loan [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_CompanyOwnedPropertyMember" xlink:label="mays_CompanyOwnedPropertyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_CompanyOwnedPropertyMember" xlink:to="mays_CompanyOwnedPropertyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_CompanyOwnedPropertyMember_lbl" xml:lang="en-US">Company Owned Property [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_LeasedPropertyMember" xlink:label="mays_LeasedPropertyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_LeasedPropertyMember" xlink:to="mays_LeasedPropertyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_LeasedPropertyMember_lbl" xml:lang="en-US">Leased Property [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_RelatedPartyTransactionAxis" xlink:label="us-gaap_RelatedPartyTransactionAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionAxis" xlink:to="us-gaap_RelatedPartyTransactionAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionAxis_lbl" xml:lang="en-US">Related Party Transaction [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_JamaicaAvenueAt169thStreetMember" xlink:label="mays_JamaicaAvenueAt169thStreetMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_JamaicaAvenueAt169thStreetMember" xlink:to="mays_JamaicaAvenueAt169thStreetMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_JamaicaAvenueAt169thStreetMember_lbl" xml:lang="en-US">Jamaica Avenue at 169th Street [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_FiveHundredFour506FultonStreetMember" xlink:label="mays_FiveHundredFour506FultonStreetMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_FiveHundredFour506FultonStreetMember" xlink:to="mays_FiveHundredFour506FultonStreetMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_FiveHundredFour506FultonStreetMember_lbl" xml:lang="en-US">504-506 Fulton Street [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_LeaseExpensePerBookInExcessOfCashPaidMember" xlink:label="mays_LeaseExpensePerBookInExcessOfCashPaidMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_LeaseExpensePerBookInExcessOfCashPaidMember" xlink:to="mays_LeaseExpensePerBookInExcessOfCashPaidMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_LeaseExpensePerBookInExcessOfCashPaidMember_lbl" xml:lang="en-US">Lease Expense Per Book in Excess of Cash Paid [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_IncreaseInAnticipatedPPPLoanExpensesToBeForgivenMember" xlink:label="mays_IncreaseInAnticipatedPPPLoanExpensesToBeForgivenMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_IncreaseInAnticipatedPPPLoanExpensesToBeForgivenMember" xlink:to="mays_IncreaseInAnticipatedPPPLoanExpensesToBeForgivenMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_IncreaseInAnticipatedPPPLoanExpensesToBeForgivenMember_lbl" xml:lang="en-US">Anticipated PPP Loan Expenses to be Forgiven [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_BadDebtExpenseMember" xlink:label="mays_BadDebtExpenseMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_BadDebtExpenseMember" xlink:to="mays_BadDebtExpenseMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_BadDebtExpenseMember_lbl" xml:lang="en-US">Bad Debt Expense [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_FishkillNYBuildingMember" xlink:label="mays_FishkillNYBuildingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_FishkillNYBuildingMember" xlink:to="mays_FishkillNYBuildingMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_FishkillNYBuildingMember_lbl" xml:lang="en-US">Fishkill, New York building [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_JoweinBuildingInBrooklynNYMember" xlink:label="mays_JoweinBuildingInBrooklynNYMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_JoweinBuildingInBrooklynNYMember" xlink:to="mays_JoweinBuildingInBrooklynNYMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_JoweinBuildingInBrooklynNYMember_lbl" xml:lang="en-US">Jowein building in Brooklyn, New York [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_JamaicaNYbuildingMember" xlink:label="mays_JamaicaNYbuildingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_JamaicaNYbuildingMember" xlink:to="mays_JamaicaNYbuildingMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_JamaicaNYbuildingMember_lbl" xml:lang="en-US">Jamaica, New York building [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_JamaicaBuildingMember" xlink:label="mays_JamaicaBuildingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_JamaicaBuildingMember" xlink:to="mays_JamaicaBuildingMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_JamaicaBuildingMember_lbl" xml:lang="en-US">Jamaica building [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_NineBondBuildingInBrooklynNYMember" xlink:label="mays_NineBondBuildingInBrooklynNYMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_NineBondBuildingInBrooklynNYMember" xlink:to="mays_NineBondBuildingInBrooklynNYMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_NineBondBuildingInBrooklynNYMember_lbl" xml:lang="en-US">9 Bond Street building in Brooklyn, New York [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="us-gaap_FinancialInstrumentAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancialInstrumentAxis" xlink:to="us-gaap_FinancialInstrumentAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinancialInstrumentAxis_lbl" xml:lang="en-US">Financial Instrument [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_MutualFundMember" xlink:label="us-gaap_MutualFundMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MutualFundMember" xlink:to="us-gaap_MutualFundMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MutualFundMember_lbl" xml:lang="en-US">Mutual Fund [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_CorporateEquitySecuritiesMember" xlink:label="mays_CorporateEquitySecuritiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_CorporateEquitySecuritiesMember" xlink:to="mays_CorporateEquitySecuritiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_CorporateEquitySecuritiesMember_lbl" xml:lang="en-US">Corporate Equity Securities [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_BookDepreciationExceedingLessThanTaxDepreciationMember" xlink:label="mays_BookDepreciationExceedingLessThanTaxDepreciationMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_BookDepreciationExceedingLessThanTaxDepreciationMember" xlink:to="mays_BookDepreciationExceedingLessThanTaxDepreciationMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_BookDepreciationExceedingLessThanTaxDepreciationMember_lbl" xml:lang="en-US">Book depreciation exceeding (less than) tax depreciation [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_IncreaseInReserveForBadDebtsMember" xlink:label="mays_IncreaseInReserveForBadDebtsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_IncreaseInReserveForBadDebtsMember" xlink:to="mays_IncreaseInReserveForBadDebtsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_IncreaseInReserveForBadDebtsMember_lbl" xml:lang="en-US">Increase in reserve for bad debts [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_IncreaseDecreaseInUnbilledReceivablesMember" xlink:label="mays_IncreaseDecreaseInUnbilledReceivablesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_IncreaseDecreaseInUnbilledReceivablesMember" xlink:to="mays_IncreaseDecreaseInUnbilledReceivablesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_IncreaseDecreaseInUnbilledReceivablesMember_lbl" xml:lang="en-US">Increase (decrease) in unbilled receivables [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_IncreaseDecreaseInUnbilledReceivablesMember" xlink:to="mays_IncreaseDecreaseInUnbilledReceivablesMember_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="mays_IncreaseDecreaseInUnbilledReceivablesMember_2_lbl" xml:lang="en-US">Increase (Decrease) In Unbilled Receivables [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_CustomerTwoMember" xlink:label="mays_CustomerTwoMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_CustomerTwoMember" xlink:to="mays_CustomerTwoMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_CustomerTwoMember_lbl" xml:lang="en-US">Two Customers [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_CustomerFiveMember" xlink:label="mays_CustomerFiveMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_CustomerFiveMember" xlink:to="mays_CustomerFiveMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_CustomerFiveMember_lbl" xml:lang="en-US">Five Customers [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_DecreaseOfRentalIncomeReceivedInAdvanceMember" xlink:label="mays_DecreaseOfRentalIncomeReceivedInAdvanceMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DecreaseOfRentalIncomeReceivedInAdvanceMember" xlink:to="mays_DecreaseOfRentalIncomeReceivedInAdvanceMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_DecreaseOfRentalIncomeReceivedInAdvanceMember_lbl" xml:lang="en-US">Decrease of rental income received in advance [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_DocumentAndEntityInformationAbstract" xlink:label="mays_DocumentAndEntityInformationAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DocumentAndEntityInformationAbstract" xlink:to="mays_DocumentAndEntityInformationAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_DocumentAndEntityInformationAbstract_lbl" xml:lang="en-US">Document And Entity Information [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US">Entity Registrant Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US">Entity Central Index Key</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentType" xlink:label="dei_DocumentType" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentType_lbl" xml:lang="en-US">Document Type</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US">Amendment Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US">Document Period End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US">Document Fiscal Period Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US">Document Fiscal Year Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US">Entity Incorporation State Country Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFileNumber_lbl" xml:lang="en-US">Entity File Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US">Current Fiscal Year End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US">Entity Well-Known Seasoned Issuer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US">Entity Voluntary Filers</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US">Entity Current Reporting Status</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xml:lang="en-US">Entity Interactive Data Current</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US">Entity Filer Category</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntitySmallBusiness_lbl" xml:lang="en-US">Entity Small Business</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US">Entity Emerging Growth Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityShellCompany_lbl" xml:lang="en-US">Entity Shell Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2021/dei-2021.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="dei_EntityPublicFloat_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPublicFloat_lbl" xml:lang="en-US">Entity Public Float</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="us-gaap_StatementOfFinancialPositionAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfFinancialPositionAbstract" xlink:to="us-gaap_StatementOfFinancialPositionAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementOfFinancialPositionAbstract_lbl" xml:lang="en-US">Statement of Financial Position [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="us-gaap_AssetsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsAbstract" xlink:to="us-gaap_AssetsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsAbstract_lbl" xml:lang="en-US">ASSETS</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_PropertyPlantAndEquipmentAbstract" xlink:label="us-gaap_PropertyPlantAndEquipmentAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentAbstract" xlink:to="us-gaap_PropertyPlantAndEquipmentAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentAbstract_lbl" xml:lang="en-US">Property and Equipment-at cost:</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_Land" xlink:label="us-gaap_Land" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Land" xlink:to="us-gaap_Land_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Land_lbl" xml:lang="en-US">Land</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_BuildingsHeldForLeasingAbstract" xlink:label="mays_BuildingsHeldForLeasingAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_BuildingsHeldForLeasingAbstract" xlink:to="mays_BuildingsHeldForLeasingAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_BuildingsHeldForLeasingAbstract_lbl" xml:lang="en-US">Buildings held for leasing:</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_BuildingsAndImprovementsGross" xlink:label="us-gaap_BuildingsAndImprovementsGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BuildingsAndImprovementsGross" xlink:to="us-gaap_BuildingsAndImprovementsGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BuildingsAndImprovementsGross_lbl" xml:lang="en-US">Buildings, improvements and fixtures</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_ConstructionInProgressGross" xlink:label="us-gaap_ConstructionInProgressGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConstructionInProgressGross" xlink:to="us-gaap_ConstructionInProgressGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConstructionInProgressGross_lbl" xml:lang="en-US">Construction in progress</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_PropertyPlantAndEquipmentGross" xlink:label="us-gaap_PropertyPlantAndEquipmentGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentGross" xlink:to="us-gaap_PropertyPlantAndEquipmentGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentGross_lbl" xml:lang="en-US">Property, Plant and Equipment, Gross</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:to="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_lbl" xml:lang="en-US">Accumulated depreciation</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_BuildingsNet" xlink:label="mays_BuildingsNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_BuildingsNet" xlink:to="mays_BuildingsNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="mays_BuildingsNet_lbl" xml:lang="en-US">Buildings - net</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="us-gaap_PropertyPlantAndEquipmentNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentNet" xlink:to="us-gaap_PropertyPlantAndEquipmentNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_lbl" xml:lang="en-US">Property and equipment-net</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xml:lang="en-US">Cash and cash equivalents</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_RestrictedCash" xlink:label="us-gaap_RestrictedCash" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RestrictedCash" xlink:to="us-gaap_RestrictedCash_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RestrictedCash_lbl" xml:lang="en-US">Restricted cash</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_ReceivablesNetCurrent" xlink:label="us-gaap_ReceivablesNetCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReceivablesNetCurrent" xlink:to="us-gaap_ReceivablesNetCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ReceivablesNetCurrent_lbl" xml:lang="en-US">Receivables, net</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtSecurities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:to="us-gaap_AvailableForSaleSecuritiesDebtSecurities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtSecurities_lbl" xml:lang="en-US">Marketable securities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_PrepaidExpenseCurrent" xlink:label="us-gaap_PrepaidExpenseCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PrepaidExpenseCurrent" xlink:to="us-gaap_PrepaidExpenseCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PrepaidExpenseCurrent_lbl" xml:lang="en-US">Prepaids and other assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DeferredCostsLeasingGross" xlink:label="us-gaap_DeferredCostsLeasingGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCostsLeasingGross" xlink:to="us-gaap_DeferredCostsLeasingGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredCostsLeasingGross_lbl" xml:lang="en-US">Deferred charges, net</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_OperatingLeaseRightOfUseAsset" xlink:label="us-gaap_OperatingLeaseRightOfUseAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeaseRightOfUseAsset" xlink:to="us-gaap_OperatingLeaseRightOfUseAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeaseRightOfUseAsset_lbl" xml:lang="en-US">Operating lease right-of-use assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_Assets" xlink:label="us-gaap_Assets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="us-gaap_Assets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Assets_lbl" xml:lang="en-US">TOTAL ASSETS</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:to="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xml:lang="en-US">LIABILITIES AND SHAREHOLDERS' EQUITY</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="us-gaap_LiabilitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAbstract" xlink:to="us-gaap_LiabilitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xml:lang="en-US">Liabilities:</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LoansPayableToBank" xlink:label="us-gaap_LoansPayableToBank" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansPayableToBank" xlink:to="us-gaap_LoansPayableToBank_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LoansPayableToBank_lbl" xml:lang="en-US">Mortgages payable</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_OtherLoansPayable" xlink:label="us-gaap_OtherLoansPayable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherLoansPayable" xlink:to="us-gaap_OtherLoansPayable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherLoansPayable_lbl" xml:lang="en-US">Note payable</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesNoncurrent" xlink:label="us-gaap_AccountsPayableAndAccruedLiabilitiesNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsPayableAndAccruedLiabilitiesNoncurrent" xlink:to="us-gaap_AccountsPayableAndAccruedLiabilitiesNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsPayableAndAccruedLiabilitiesNoncurrent_lbl" xml:lang="en-US">Accounts payable and accrued expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_SecurityDepositsPayableNonCurrent" xlink:label="mays_SecurityDepositsPayableNonCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_SecurityDepositsPayableNonCurrent" xlink:to="mays_SecurityDepositsPayableNonCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="mays_SecurityDepositsPayableNonCurrent_lbl" xml:lang="en-US">Security deposits payable</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_OperatingLeaseLiability" xlink:label="us-gaap_OperatingLeaseLiability" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeaseLiability" xlink:to="us-gaap_OperatingLeaseLiability_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeaseLiability_lbl" xml:lang="en-US">Operating lease liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilitiesNet" xlink:label="us-gaap_DeferredIncomeTaxLiabilitiesNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredIncomeTaxLiabilitiesNet" xlink:to="us-gaap_DeferredIncomeTaxLiabilitiesNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredIncomeTaxLiabilitiesNet_lbl" xml:lang="en-US">Deferred income taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_Liabilities" xlink:label="us-gaap_Liabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Liabilities" xlink:to="us-gaap_Liabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Liabilities_lbl" xml:lang="en-US">Total liabilities</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityAbstract" xlink:to="us-gaap_StockholdersEquityAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquityAbstract_lbl" xml:lang="en-US">Shareholders' Equity:</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockValue" xlink:to="us-gaap_CommonStockValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockValue_lbl" xml:lang="en-US">Common stock, par value $1 each share (shares-5,000,000 authorized; 2,178,297 issued)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_AdditionalPaidInCapitalCommonStock" xlink:label="us-gaap_AdditionalPaidInCapitalCommonStock" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdditionalPaidInCapitalCommonStock_lbl" xml:lang="en-US">Additional paid in capital</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xml:lang="en-US">Retained earnings</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_StockholdersEquityBeforeTreasuryStock_lbl" xml:lang="en-US">Stockholders' Equity before Treasury Stock</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="us-gaap_TreasuryStockValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockValue" xlink:to="us-gaap_TreasuryStockValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_TreasuryStockValue_lbl" xml:lang="en-US">Common stock held in treasury, at cost - 162,517 shares at July 31, 2021 and July 31, 2020</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="us-gaap_StockholdersEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_StockholdersEquity_lbl" xml:lang="en-US">Total shareholders' equity</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquity" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xml:lang="en-US">TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockParOrStatedValuePerShare" xlink:to="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xml:lang="en-US">Common stock, par value</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="us-gaap_CommonStockSharesAuthorized" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesAuthorized" xlink:to="us-gaap_CommonStockSharesAuthorized_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xml:lang="en-US">Common stock, shares authorized</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="us-gaap_CommonStockSharesIssued" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesIssued" xlink:to="us-gaap_CommonStockSharesIssued_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xml:lang="en-US">Common stock, shares issued</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="us-gaap_TreasuryStockShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockShares" xlink:to="us-gaap_TreasuryStockShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockShares_lbl" xml:lang="en-US">Treasury stock, shares</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="us-gaap_IncomeStatementAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeStatementAbstract" xlink:to="us-gaap_IncomeStatementAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeStatementAbstract_lbl" xml:lang="en-US">Income Statement [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="us-gaap_RevenuesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevenuesAbstract" xlink:to="us-gaap_RevenuesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RevenuesAbstract_lbl" xml:lang="en-US">Revenues</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_OperatingLeaseLeaseIncome" xlink:label="us-gaap_OperatingLeaseLeaseIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeaseLeaseIncome" xlink:to="us-gaap_OperatingLeaseLeaseIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeaseLeaseIncome_lbl" xml:lang="en-US">Rental income</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_Revenues" xlink:label="us-gaap_Revenues" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Revenues" xlink:to="us-gaap_Revenues_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_Revenues_lbl" xml:lang="en-US">Total revenues</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="us-gaap_OperatingExpensesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingExpensesAbstract" xlink:to="us-gaap_OperatingExpensesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingExpensesAbstract_lbl" xml:lang="en-US">Expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_OperatingCostsAndExpenses" xlink:label="us-gaap_OperatingCostsAndExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingCostsAndExpenses" xlink:to="us-gaap_OperatingCostsAndExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingCostsAndExpenses_lbl" xml:lang="en-US">Real estate operating expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="us-gaap_GeneralAndAdministrativeExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GeneralAndAdministrativeExpense" xlink:to="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xml:lang="en-US">Administrative and general expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DepreciationAndAmortization" xlink:label="us-gaap_DepreciationAndAmortization" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DepreciationAndAmortization" xlink:to="us-gaap_DepreciationAndAmortization_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DepreciationAndAmortization_lbl" xml:lang="en-US">Depreciation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="us-gaap_OperatingExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingExpenses" xlink:to="us-gaap_OperatingExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_OperatingExpenses_lbl" xml:lang="en-US">Total expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="us-gaap_OperatingIncomeLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingIncomeLoss" xlink:to="us-gaap_OperatingIncomeLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_OperatingIncomeLoss_lbl" xml:lang="en-US">Loss from operations</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_NonoperatingIncomeExpenseAbstract" xlink:label="us-gaap_NonoperatingIncomeExpenseAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NonoperatingIncomeExpenseAbstract" xlink:to="us-gaap_NonoperatingIncomeExpenseAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NonoperatingIncomeExpenseAbstract_lbl" xml:lang="en-US">Other income and interest expense</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_InvestmentIncomeNet" xlink:label="us-gaap_InvestmentIncomeNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentIncomeNet" xlink:to="us-gaap_InvestmentIncomeNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InvestmentIncomeNet_lbl" xml:lang="en-US">Investment income</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_MarketableSecuritiesUnrealizedGainLoss" xlink:label="us-gaap_MarketableSecuritiesUnrealizedGainLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MarketableSecuritiesUnrealizedGainLoss" xlink:to="us-gaap_MarketableSecuritiesUnrealizedGainLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MarketableSecuritiesUnrealizedGainLoss_lbl" xml:lang="en-US">Change in fair value of marketable securities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_InterestExpense" xlink:label="us-gaap_InterestExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpense" xlink:to="us-gaap_InterestExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_InterestExpense_lbl" xml:lang="en-US">Interest expense</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="us-gaap_GainsLossesOnExtinguishmentOfDebt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:to="us-gaap_GainsLossesOnExtinguishmentOfDebt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainsLossesOnExtinguishmentOfDebt_lbl" xml:lang="en-US">Extinguishment of debt</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_NonoperatingIncomeExpense" xlink:label="us-gaap_NonoperatingIncomeExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NonoperatingIncomeExpense" xlink:to="us-gaap_NonoperatingIncomeExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NonoperatingIncomeExpense_lbl" xml:lang="en-US">Total Other income and interest expense</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:to="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_lbl" xml:lang="en-US">Income (loss) before income tax</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="us-gaap_IncomeTaxExpenseBenefit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExpenseBenefit" xlink:to="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xml:lang="en-US">Income tax provision (benefit)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="us-gaap_NetIncomeLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetIncomeLoss_lbl" xml:lang="en-US">Net income (loss)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="us-gaap_EarningsPerShareBasic" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareBasic" xlink:to="us-gaap_EarningsPerShareBasic_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xml:lang="en-US">Income (loss) per common share, basic and diluted</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_CommonStockDividendsPerShareCashPaid" xlink:label="us-gaap_CommonStockDividendsPerShareCashPaid" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockDividendsPerShareCashPaid_lbl" xml:lang="en-US">Dividends per share</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xml:lang="en-US">Average common shares outstanding, basic and diluted</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_StatementTable" xlink:label="us-gaap_StatementTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementTable" xlink:to="us-gaap_StatementTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementTable_lbl" xml:lang="en-US">Statement [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_StatementLineItems" xlink:label="us-gaap_StatementLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementLineItems" xlink:to="us-gaap_StatementLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementLineItems_lbl" xml:lang="en-US">Statement [Line Items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_StockholdersEquity_2_lbl" xml:lang="en-US">Balance</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="us-gaap_CommonStockSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesOutstanding" xlink:to="us-gaap_CommonStockSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xml:lang="en-US">Balance, shares</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncomeLoss_2_lbl" xml:lang="en-US">Net income loss</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_StockholdersEquity_3_lbl" xml:lang="en-US">Balance</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesOutstanding" xlink:to="us-gaap_CommonStockSharesOutstanding_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_CommonStockSharesOutstanding_2_lbl" xml:lang="en-US">Balance, shares</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="us-gaap_StatementOfCashFlowsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_StatementOfCashFlowsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementOfCashFlowsAbstract_lbl" xml:lang="en-US">Statement of Cash Flows [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US">Cash Flows From Operating Activities:</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_NetIncomeLoss_3_lbl" xml:lang="en-US">Net income (loss)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US">Adjustments to reconcile net income (loss) to net cash provided by operating activities:</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_IncreaseDecreaseBadDebtExpense" xlink:label="mays_IncreaseDecreaseBadDebtExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_IncreaseDecreaseBadDebtExpense" xlink:to="mays_IncreaseDecreaseBadDebtExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_IncreaseDecreaseBadDebtExpense_lbl" xml:lang="en-US">Bad debt expense</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredIncomeTaxes" xlink:label="us-gaap_IncreaseDecreaseInDeferredIncomeTaxes" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInDeferredIncomeTaxes" xlink:to="us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_lbl" xml:lang="en-US">Provision (Benefit) for deferred income tax</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_GainLossOnSaleOfPropertyPlantEquipment" xlink:label="us-gaap_GainLossOnSaleOfPropertyPlantEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnSaleOfPropertyPlantEquipment" xlink:to="us-gaap_GainLossOnSaleOfPropertyPlantEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_GainLossOnSaleOfPropertyPlantEquipment_lbl" xml:lang="en-US">Disposition of property and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_GainLossOnInvestments" xlink:label="us-gaap_GainLossOnInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnInvestments" xlink:to="us-gaap_GainLossOnInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_GainLossOnInvestments_lbl" xml:lang="en-US">Net realized and unrealized (gain) on sale of marketable securities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_OtherDepreciationAndAmortization" xlink:label="us-gaap_OtherDepreciationAndAmortization" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherDepreciationAndAmortization" xlink:to="us-gaap_OtherDepreciationAndAmortization_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OtherDepreciationAndAmortization_lbl" xml:lang="en-US">Depreciation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_AmortizationOfDeferredCharges" xlink:label="us-gaap_AmortizationOfDeferredCharges" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AmortizationOfDeferredCharges" xlink:to="us-gaap_AmortizationOfDeferredCharges_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AmortizationOfDeferredCharges_lbl" xml:lang="en-US">Amortization of deferred charges</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_OperatingLeaseExpenseInExcessOfCashPayments" xlink:label="mays_OperatingLeaseExpenseInExcessOfCashPayments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OperatingLeaseExpenseInExcessOfCashPayments" xlink:to="mays_OperatingLeaseExpenseInExcessOfCashPayments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_OperatingLeaseExpenseInExcessOfCashPayments_lbl" xml:lang="en-US">Operating lease expense in excess of cash payments</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_AmortizationOfFinancingCosts" xlink:label="us-gaap_AmortizationOfFinancingCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AmortizationOfFinancingCosts" xlink:to="us-gaap_AmortizationOfFinancingCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AmortizationOfFinancingCosts_lbl" xml:lang="en-US">Deferred finance costs included in interest expense</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:to="us-gaap_GainsLossesOnExtinguishmentOfDebt_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_GainsLossesOnExtinguishmentOfDebt_2_lbl" xml:lang="en-US">Extinguishment of debt</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredCharges" xlink:label="us-gaap_IncreaseDecreaseInDeferredCharges" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInDeferredCharges" xlink:to="us-gaap_IncreaseDecreaseInDeferredCharges_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInDeferredCharges_lbl" xml:lang="en-US">Deferred charges</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingAssetsAndLiabilitiesNetAbstract" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssetsAndLiabilitiesNetAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOtherOperatingAssetsAndLiabilitiesNetAbstract" xlink:to="us-gaap_IncreaseDecreaseInOtherOperatingAssetsAndLiabilitiesNetAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssetsAndLiabilitiesNetAbstract_lbl" xml:lang="en-US">Changes in Operating Assets and Liabilities:</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_IncreaseDecreaseInReceivables" xlink:label="us-gaap_IncreaseDecreaseInReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInReceivables" xlink:to="us-gaap_IncreaseDecreaseInReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInReceivables_lbl" xml:lang="en-US">Receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:label="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:to="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_lbl" xml:lang="en-US">Prepaids and other assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:to="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_lbl" xml:lang="en-US">Accounts payable and accrued expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_IncreaseDecreaseInSecurityDeposits" xlink:label="us-gaap_IncreaseDecreaseInSecurityDeposits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInSecurityDeposits" xlink:to="us-gaap_IncreaseDecreaseInSecurityDeposits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInSecurityDeposits_lbl" xml:lang="en-US">Security deposits payable</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xml:lang="en-US">Net cash provided by operating activities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xml:lang="en-US">Cash Flows From Investing Activities:</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:to="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_lbl" xml:lang="en-US">Acquisition of property and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract" xlink:label="us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract" xlink:to="us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_lbl" xml:lang="en-US">Marketable securities:</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities" xlink:label="us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities" xlink:to="us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities_lbl" xml:lang="en-US">Receipts from sales</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_PaymentsToAcquireMarketableSecurities" xlink:label="us-gaap_PaymentsToAcquireMarketableSecurities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireMarketableSecurities" xlink:to="us-gaap_PaymentsToAcquireMarketableSecurities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsToAcquireMarketableSecurities_lbl" xml:lang="en-US">Payments for purchases</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xml:lang="en-US">Cash Flows From Financing Activities:</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIssuanceOfLongTermDebt" xlink:to="us-gaap_ProceedsFromIssuanceOfLongTermDebt_lbl" xlink:type="arc" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_RepaymentsOfLongTermDebt_lbl" xml:lang="en-US">Payments - mortgages</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsOfLoanCosts_lbl" xml:lang="en-US">Mortgage financing costs paid</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_lbl" xml:lang="en-US">Net decrease in cash, cash equivalents and restricted cash</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_lbl" xml:lang="en-US">Cash, cash equivalents and restricted cash at beginning of year</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_2_lbl" xml:lang="en-US">Cash, cash equivalents and restricted cash at end of year</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="us-gaap_AccountingPoliciesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_AccountingPoliciesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountingPoliciesAbstract_lbl" xml:lang="en-US">Accounting Policies [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xml:lang="en-US">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_2_lbl" xml:lang="en-US">Investments, Debt and Equity Securities [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" xlink:label="us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" xlink:to="us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_lbl" xml:lang="en-US">MARKETABLE SECURITIES</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_MortgagesAndTermLoanLongTermDebtDisclosureAbstract" xlink:label="mays_MortgagesAndTermLoanLongTermDebtDisclosureAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_MortgagesAndTermLoanLongTermDebtDisclosureAbstract" xlink:to="mays_MortgagesAndTermLoanLongTermDebtDisclosureAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_MortgagesAndTermLoanLongTermDebtDisclosureAbstract_lbl" xml:lang="en-US">LONG-TERM DEBT - MORTGAGES AND TERM LOAN [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_MortgageNotesPayableDisclosureTextBlock" xlink:label="us-gaap_MortgageNotesPayableDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MortgageNotesPayableDisclosureTextBlock" xlink:to="us-gaap_MortgageNotesPayableDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MortgageNotesPayableDisclosureTextBlock_lbl" xml:lang="en-US">LONG-TERM DEBT-MORTGAGES</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="us-gaap_DebtDisclosureAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtDisclosureAbstract" xlink:to="us-gaap_DebtDisclosureAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtDisclosureAbstract_lbl" xml:lang="en-US">Debt Disclosure [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DebtDisclosureTextBlock" xlink:label="us-gaap_DebtDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtDisclosureTextBlock" xlink:to="us-gaap_DebtDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtDisclosureTextBlock_lbl" xml:lang="en-US">NOTE PAYABLE</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LeasesAbstract" xlink:label="us-gaap_LeasesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LeasesAbstract" xlink:to="us-gaap_LeasesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LeasesAbstract_lbl" xml:lang="en-US">Leases [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_OperatingLeasesTextBlock" xlink:label="mays_OperatingLeasesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OperatingLeasesTextBlock" xlink:to="mays_OperatingLeasesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_OperatingLeasesTextBlock_lbl" xml:lang="en-US">OPERATING LEASES</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="us-gaap_IncomeTaxDisclosureAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxDisclosureAbstract" xlink:to="us-gaap_IncomeTaxDisclosureAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxDisclosureAbstract_lbl" xml:lang="en-US">Income Tax Disclosure [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:label="us-gaap_IncomeTaxDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxDisclosureTextBlock" xlink:to="us-gaap_IncomeTaxDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxDisclosureTextBlock_lbl" xml:lang="en-US">INCOME TAX</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_CompensationAndRetirementDisclosureAbstract" xlink:label="us-gaap_CompensationAndRetirementDisclosureAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CompensationAndRetirementDisclosureAbstract_lbl" xml:lang="en-US">Retirement Benefits [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock" xlink:label="us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock" xlink:to="us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_lbl" xml:lang="en-US">EMPLOYEES' RETIREMENT PLANS</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_SupplementalCashFlowElementsAbstract" xlink:label="us-gaap_SupplementalCashFlowElementsAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SupplementalCashFlowElementsAbstract_lbl" xml:lang="en-US">Supplemental Cash Flow Elements [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_CashFlowSupplementalDisclosuresTextBlock" xlink:label="us-gaap_CashFlowSupplementalDisclosuresTextBlock" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashFlowSupplementalDisclosuresTextBlock_lbl" xml:lang="en-US">CASH FLOW INFORMATION</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="us-gaap_FairValueDisclosuresAbstract" />
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      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="us-gaap_FairValueDisclosuresTextBlock" />
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      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_EffectOnOperatingLeaseRightofuseAssetsLiabilitiesAndRentExpenseTableTextBlock" xlink:label="mays_EffectOnOperatingLeaseRightofuseAssetsLiabilitiesAndRentExpenseTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_EffectOnOperatingLeaseRightofuseAssetsLiabilitiesAndRentExpenseTableTextBlock" xlink:to="mays_EffectOnOperatingLeaseRightofuseAssetsLiabilitiesAndRentExpenseTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_EffectOnOperatingLeaseRightofuseAssetsLiabilitiesAndRentExpenseTableTextBlock_lbl" xml:lang="en-US">Schedule of Effect On Operating Lease Right-of-use Assets, Liabilities And Rent Expense</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_ScheduleOfNetSubleaseIncomeTableTextBlock" xlink:label="mays_ScheduleOfNetSubleaseIncomeTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_ScheduleOfNetSubleaseIncomeTableTextBlock" xlink:to="mays_ScheduleOfNetSubleaseIncomeTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_ScheduleOfNetSubleaseIncomeTableTextBlock_lbl" xml:lang="en-US">Schedule of Sublease Income, Net</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_ScheduleOfAdditionalInformationRelatedToLeasesTableTextBlock" xlink:label="mays_ScheduleOfAdditionalInformationRelatedToLeasesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_ScheduleOfAdditionalInformationRelatedToLeasesTableTextBlock" xlink:to="mays_ScheduleOfAdditionalInformationRelatedToLeasesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_ScheduleOfAdditionalInformationRelatedToLeasesTableTextBlock_lbl" xml:lang="en-US">Schedule of Additional Information Related To Leases</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock" xlink:to="us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock_lbl" xml:lang="en-US">Schedule of Annual Undiscounted Cash Flows Of The Operating Lease Liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock" xlink:label="us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock" xlink:to="us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_lbl" xml:lang="en-US">Schedule of Income Tax Expense</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xlink:label="us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xlink:to="us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_lbl" xml:lang="en-US">Schedule of Effective Income Tax Rate Reconciliation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xlink:label="us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xlink:to="us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_lbl" xml:lang="en-US">Schedule of Deferred Tax Assets And Liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_ScheduleOfComponentsOfDeferredTaxProvisionBenefitTableTextBlock" xlink:label="mays_ScheduleOfComponentsOfDeferredTaxProvisionBenefitTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_ScheduleOfComponentsOfDeferredTaxProvisionBenefitTableTextBlock" xlink:to="mays_ScheduleOfComponentsOfDeferredTaxProvisionBenefitTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_ScheduleOfComponentsOfDeferredTaxProvisionBenefitTableTextBlock_lbl" xml:lang="en-US">Components of Deferred Tax Provision (benefit)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock" xlink:label="us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock" xlink:to="us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock_lbl" xml:lang="en-US">Schedule of Cash and Cash Equivalents and Restricted Cash</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock" xlink:label="us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock" xlink:to="us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock_lbl" xml:lang="en-US">Schedule of Cash Flow Information</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_ScheduleOfFinancialInstrumentsTableTextBlock" xlink:label="mays_ScheduleOfFinancialInstrumentsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_ScheduleOfFinancialInstrumentsTableTextBlock" xlink:to="mays_ScheduleOfFinancialInstrumentsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_ScheduleOfFinancialInstrumentsTableTextBlock_lbl" xml:lang="en-US">Schedule of Fair Value of Financial Instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_ScheduleOfDeferredChargesTableTextBlock" xlink:label="mays_ScheduleOfDeferredChargesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_ScheduleOfDeferredChargesTableTextBlock" xlink:to="mays_ScheduleOfDeferredChargesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_ScheduleOfDeferredChargesTableTextBlock_lbl" xml:lang="en-US">Schedule of Deferred Charges</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_ScheduleOfDeferredChargesFutureAmortizationExpenseTableTextBlock" xlink:label="mays_ScheduleOfDeferredChargesFutureAmortizationExpenseTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_ScheduleOfDeferredChargesFutureAmortizationExpenseTableTextBlock" xlink:to="mays_ScheduleOfDeferredChargesFutureAmortizationExpenseTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_ScheduleOfDeferredChargesFutureAmortizationExpenseTableTextBlock_lbl" xml:lang="en-US">Schedule of Estimated Aggregate Amortization Expense</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_ScheduleOfRelatedPartyRentPaymentsAndExpenseTableTextBlock" xlink:label="mays_ScheduleOfRelatedPartyRentPaymentsAndExpenseTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_ScheduleOfRelatedPartyRentPaymentsAndExpenseTableTextBlock" xlink:to="mays_ScheduleOfRelatedPartyRentPaymentsAndExpenseTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_ScheduleOfRelatedPartyRentPaymentsAndExpenseTableTextBlock_lbl" xml:lang="en-US">Schedule of Rent Payments and Expense</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock" xlink:to="us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_lbl" xml:lang="en-US">Schedule of Summarizes Assets and Liabilities Related</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_RangeAxis" xlink:to="srt_RangeAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="srt_RangeAxis_2_lbl" xml:lang="en-US">Statistical Measurement [Axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:to="us-gaap_PropertyPlantAndEquipmentByTypeAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentByTypeAxis_2_lbl" xml:lang="en-US">Long-Lived Tangible Asset [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_AllowanceForDoubtfulAccountsReceivable" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllowanceForDoubtfulAccountsReceivable" xlink:to="us-gaap_AllowanceForDoubtfulAccountsReceivable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivable_lbl" xml:lang="en-US">Allowance for Expected uncollectible receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_RenovationsAndImprovementsExpense" xlink:label="mays_RenovationsAndImprovementsExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_RenovationsAndImprovementsExpense" xlink:to="mays_RenovationsAndImprovementsExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_RenovationsAndImprovementsExpense_lbl" xml:lang="en-US">Renovations and improvements expense</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_DeferredChargesAmortizationPeriod" xlink:label="mays_DeferredChargesAmortizationPeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredChargesAmortizationPeriod" xlink:to="mays_DeferredChargesAmortizationPeriod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_DeferredChargesAmortizationPeriod_lbl" xml:lang="en-US">Deferred charges amortization period</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_2_lbl" xml:lang="en-US">Weighted average number of shares outstanding, basic (in shares)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LeaseExpirationDate1" xlink:label="us-gaap_LeaseExpirationDate1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LeaseExpirationDate1" xlink:to="us-gaap_LeaseExpirationDate1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LeaseExpirationDate1_lbl" xml:lang="en-US">Additional Lease term</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_OperatingLeaseRightOfUseAssetGross" xlink:label="mays_OperatingLeaseRightOfUseAssetGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OperatingLeaseRightOfUseAssetGross" xlink:to="mays_OperatingLeaseRightOfUseAssetGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="mays_OperatingLeaseRightOfUseAssetGross_lbl" xml:lang="en-US">Operating lease right-of-use assets</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_OperatingLeaseLiabilityGross" xlink:label="mays_OperatingLeaseLiabilityGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OperatingLeaseLiabilityGross" xlink:to="mays_OperatingLeaseLiabilityGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="mays_OperatingLeaseLiabilityGross_lbl" xml:lang="en-US">Operating lease liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LesseeOperatingLeaseDiscountRate" xlink:label="us-gaap_LesseeOperatingLeaseDiscountRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LesseeOperatingLeaseDiscountRate" xlink:to="us-gaap_LesseeOperatingLeaseDiscountRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LesseeOperatingLeaseDiscountRate_lbl" xml:lang="en-US">Incremental borrowing rate</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_BuildingAndImprovementsNetOfAccumulatedDepreciation" xlink:label="mays_BuildingAndImprovementsNetOfAccumulatedDepreciation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_BuildingAndImprovementsNetOfAccumulatedDepreciation" xlink:to="mays_BuildingAndImprovementsNetOfAccumulatedDepreciation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_BuildingAndImprovementsNetOfAccumulatedDepreciation_lbl" xml:lang="en-US">Building and improvements net of accumulated depreciation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_AccruedRentNoncurrent" xlink:label="us-gaap_AccruedRentNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccruedRentNoncurrent" xlink:to="us-gaap_AccruedRentNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccruedRentNoncurrent_lbl" xml:lang="en-US">Accrued rent</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_RentAbatements" xlink:label="mays_RentAbatements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_RentAbatements" xlink:to="mays_RentAbatements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_RentAbatements_lbl" xml:lang="en-US">Rent abatements</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_AmountOfDeferrals" xlink:label="mays_AmountOfDeferrals" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_AmountOfDeferrals" xlink:to="mays_AmountOfDeferrals_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_AmountOfDeferrals_lbl" xml:lang="en-US">Amount of Deferrals</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:to="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_lbl" xml:lang="en-US">Fair Value, Recurring and Nonrecurring [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:to="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_lbl" xml:lang="en-US">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:to="us-gaap_FairValueByFairValueHierarchyLevelAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_2_lbl" xml:lang="en-US">Fair Value Hierarchy and NAV [Axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:to="us-gaap_AvailableForSaleSecuritiesDebtSecurities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtSecurities_2_lbl" xml:lang="en-US">Marketable securities - available-for-sale</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:label="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:to="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_lbl" xml:lang="en-US">Schedule of Accounts, Notes, Loans and Financing Receivable [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:label="us-gaap_AccountsNotesAndLoansReceivableLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:to="us-gaap_AccountsNotesAndLoansReceivableLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsNotesAndLoansReceivableLineItems_lbl" xml:lang="en-US">Accounts, Notes, Loans and Financing Receivable [Line Items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllowanceForDoubtfulAccountsReceivable" xlink:to="us-gaap_AllowanceForDoubtfulAccountsReceivable_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivable_2_lbl" xml:lang="en-US">Beginning balance</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_AllowanceForDoubtfulAccountsReceivableWriteOffs" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivableWriteOffs" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllowanceForDoubtfulAccountsReceivableWriteOffs" xlink:to="us-gaap_AllowanceForDoubtfulAccountsReceivableWriteOffs_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivableWriteOffs_lbl" xml:lang="en-US">Charge-offs</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_AllowanceForDoubtfulAccountsReceivableRecoveries" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivableRecoveries" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllowanceForDoubtfulAccountsReceivableRecoveries" xlink:to="us-gaap_AllowanceForDoubtfulAccountsReceivableRecoveries_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivableRecoveries_lbl" xml:lang="en-US">Recoveries</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_Covid19RentAbatementsReclassifiedToReduceRentalIncome" xlink:label="mays_Covid19RentAbatementsReclassifiedToReduceRentalIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_Covid19RentAbatementsReclassifiedToReduceRentalIncome" xlink:to="mays_Covid19RentAbatementsReclassifiedToReduceRentalIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_Covid19RentAbatementsReclassifiedToReduceRentalIncome_lbl" xml:lang="en-US">Rent Abatements reclassified to reduce rental income</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllowanceForDoubtfulAccountsReceivable" xlink:to="us-gaap_AllowanceForDoubtfulAccountsReceivable_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivable_3_lbl" xml:lang="en-US">Ending Balance</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:to="us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_lbl" xml:lang="en-US">Property, Plant and Equipment [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_PropertyPlantAndEquipmentLineItems" xlink:label="us-gaap_PropertyPlantAndEquipmentLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentLineItems" xlink:to="us-gaap_PropertyPlantAndEquipmentLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentLineItems_lbl" xml:lang="en-US">Property, Plant and Equipment [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_PropertyPlantAndEquipmentUsefulLife" xlink:label="us-gaap_PropertyPlantAndEquipmentUsefulLife" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentUsefulLife" xlink:to="us-gaap_PropertyPlantAndEquipmentUsefulLife_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentUsefulLife_lbl" xml:lang="en-US">Useful life</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:to="us-gaap_AvailableForSaleSecuritiesDebtSecurities_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AvailableForSaleSecuritiesDebtSecurities_3_lbl" xml:lang="en-US">Fair Value</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax" xlink:label="us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax" xlink:to="us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax_lbl" xml:lang="en-US">Gross Unrealized Gains</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax" xlink:label="us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax" xlink:to="us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax_lbl" xml:lang="en-US">Gross Unrealized Losses</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis" xlink:label="us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis" xlink:to="us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_lbl" xml:lang="en-US">Cost</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_InvestmentIncomeInterest" xlink:label="us-gaap_InvestmentIncomeInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentIncomeInterest" xlink:to="us-gaap_InvestmentIncomeInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentIncomeInterest_lbl" xml:lang="en-US">Interest income</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_InvestmentIncomeDividend" xlink:label="us-gaap_InvestmentIncomeDividend" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentIncomeDividend" xlink:to="us-gaap_InvestmentIncomeDividend_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentIncomeDividend_lbl" xml:lang="en-US">Dividend income</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_MarketableSecuritiesGainLoss" xlink:label="us-gaap_MarketableSecuritiesGainLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MarketableSecuritiesGainLoss" xlink:to="us-gaap_MarketableSecuritiesGainLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MarketableSecuritiesGainLoss_lbl" xml:lang="en-US">Gain on sale of marketable securities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentIncomeNet" xlink:to="us-gaap_InvestmentIncomeNet_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_InvestmentIncomeNet_2_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="us-gaap_DebtInstrumentTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentTable" xlink:to="us-gaap_DebtInstrumentTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentTable_lbl" xml:lang="en-US">Schedule of Long-term Debt Instruments [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="us-gaap_DebtInstrumentLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentLineItems" xlink:to="us-gaap_DebtInstrumentLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentLineItems_lbl" xml:lang="en-US">Debt Instrument [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DebtInstrumentFaceAmount" xlink:label="us-gaap_DebtInstrumentFaceAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentFaceAmount" xlink:to="us-gaap_DebtInstrumentFaceAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtInstrumentFaceAmount_lbl" xml:lang="en-US">Debt instrument face amount</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_AdditionalMortgageLoansForCapitalImprovements" xlink:label="mays_AdditionalMortgageLoansForCapitalImprovements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_AdditionalMortgageLoansForCapitalImprovements" xlink:to="mays_AdditionalMortgageLoansForCapitalImprovements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_AdditionalMortgageLoansForCapitalImprovements_lbl" xml:lang="en-US">Additional loans</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="us-gaap_DebtInstrumentCarryingAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentCarryingAmount" xlink:to="us-gaap_DebtInstrumentCarryingAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentCarryingAmount_lbl" xml:lang="en-US">Amount outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DebtInstrumentTerm" xlink:label="us-gaap_DebtInstrumentTerm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentTerm" xlink:to="us-gaap_DebtInstrumentTerm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentTerm_lbl" xml:lang="en-US">Term of loan</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_DebtInstrumentMaturityPeriod" xlink:label="mays_DebtInstrumentMaturityPeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DebtInstrumentMaturityPeriod" xlink:to="mays_DebtInstrumentMaturityPeriod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_DebtInstrumentMaturityPeriod_lbl" xml:lang="en-US">Maturity period of loan</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DebtInstrumentInterestRateEffectivePercentage" xlink:label="us-gaap_DebtInstrumentInterestRateEffectivePercentage" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentInterestRateEffectivePercentage" xlink:to="us-gaap_DebtInstrumentInterestRateEffectivePercentage_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentInterestRateEffectivePercentage_lbl" xml:lang="en-US">Interest rate, percent</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_ProceedsFromBankDebt" xlink:label="us-gaap_ProceedsFromBankDebt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromBankDebt" xlink:to="us-gaap_ProceedsFromBankDebt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromBankDebt_lbl" xml:lang="en-US">Loan from bank for renovation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DebtInstrumentCollateralAmount" xlink:label="us-gaap_DebtInstrumentCollateralAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentCollateralAmount" xlink:to="us-gaap_DebtInstrumentCollateralAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentCollateralAmount_lbl" xml:lang="en-US">Carrying value of properties collateralizing debt</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DebtInstrumentsAbstract" xlink:label="us-gaap_DebtInstrumentsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentsAbstract" xlink:to="us-gaap_DebtInstrumentsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtInstrumentsAbstract_lbl" xml:lang="en-US">Mortgage:</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentInterestRateEffectivePercentage" xlink:to="us-gaap_DebtInstrumentInterestRateEffectivePercentage_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DebtInstrumentInterestRateEffectivePercentage_2_lbl" xml:lang="en-US">Current Annual Interest Rate</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DebtInstrumentMaturityDate" xlink:label="us-gaap_DebtInstrumentMaturityDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentMaturityDate" xlink:to="us-gaap_DebtInstrumentMaturityDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentMaturityDate_lbl" xml:lang="en-US">Final Payment Date</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_AggregateLongTermLoan" xlink:label="mays_AggregateLongTermLoan" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_AggregateLongTermLoan" xlink:to="mays_AggregateLongTermLoan_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_AggregateLongTermLoan_lbl" xml:lang="en-US">Long term loan</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DeferredFinanceCostsNet" xlink:label="us-gaap_DeferredFinanceCostsNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredFinanceCostsNet" xlink:to="us-gaap_DeferredFinanceCostsNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DeferredFinanceCostsNet_lbl" xml:lang="en-US">Less: Deferred financing costs</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansPayableToBank" xlink:to="us-gaap_LoansPayableToBank_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LoansPayableToBank_2_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:to="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_lbl" xml:lang="en-US">2022</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:to="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_lbl" xml:lang="en-US">2023</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:to="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_lbl" xml:lang="en-US">2024</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:to="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_lbl" xml:lang="en-US">2025</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LongTermDebt" xlink:label="us-gaap_LongTermDebt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebt" xlink:to="us-gaap_LongTermDebt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_LongTermDebt_lbl" xml:lang="en-US">Subtotal</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredFinanceCostsNet" xlink:to="us-gaap_DeferredFinanceCostsNet_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="us-gaap_DeferredFinanceCostsNet_2_lbl" xml:lang="en-US">Deferred financing costs</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LoansPayableToBank" xlink:to="us-gaap_LoansPayableToBank_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_LoansPayableToBank_3_lbl" xml:lang="en-US">Total</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:to="us-gaap_GainsLossesOnExtinguishmentOfDebt_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_GainsLossesOnExtinguishmentOfDebt_3_lbl" xml:lang="en-US">Extinguishment of debt income</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LessorLeaseDescriptionTable" xlink:label="us-gaap_LessorLeaseDescriptionTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LessorLeaseDescriptionTable" xlink:to="us-gaap_LessorLeaseDescriptionTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LessorLeaseDescriptionTable_lbl" xml:lang="en-US">Lessor, Lease, Description [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LessorLeaseDescriptionLineItems" xlink:label="us-gaap_LessorLeaseDescriptionLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LessorLeaseDescriptionLineItems" xlink:to="us-gaap_LessorLeaseDescriptionLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LessorLeaseDescriptionLineItems_lbl" xml:lang="en-US">Lessor, Lease, Description [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LesseeOperatingLeaseRenewalTerm" xlink:label="us-gaap_LesseeOperatingLeaseRenewalTerm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LesseeOperatingLeaseRenewalTerm" xlink:to="us-gaap_LesseeOperatingLeaseRenewalTerm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LesseeOperatingLeaseRenewalTerm_lbl" xml:lang="en-US">Operating leases extended period</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1" xlink:label="us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1" xlink:to="us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1_lbl" xml:lang="en-US">Weighted-average remaining lease term - operating leases</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent" xlink:label="us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent" xlink:to="us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent_lbl" xml:lang="en-US">Weighted-average discount rate - operating leases</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_OperatingLeaseBaseLeaseRentFixed" xlink:label="mays_OperatingLeaseBaseLeaseRentFixed" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OperatingLeaseBaseLeaseRentFixed" xlink:to="mays_OperatingLeaseBaseLeaseRentFixed_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_OperatingLeaseBaseLeaseRentFixed_lbl" xml:lang="en-US">Base rent - fixed</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_OperatingLeaseReimbursementsOfCommonAreaCosts" xlink:label="mays_OperatingLeaseReimbursementsOfCommonAreaCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OperatingLeaseReimbursementsOfCommonAreaCosts" xlink:to="mays_OperatingLeaseReimbursementsOfCommonAreaCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_OperatingLeaseReimbursementsOfCommonAreaCosts_lbl" xml:lang="en-US">Reimbursements of common area costs</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_OperatingLeaseNonleaseComponentsRealEstateTaxes" xlink:label="mays_OperatingLeaseNonleaseComponentsRealEstateTaxes" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OperatingLeaseNonleaseComponentsRealEstateTaxes" xlink:to="mays_OperatingLeaseNonleaseComponentsRealEstateTaxes_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_OperatingLeaseNonleaseComponentsRealEstateTaxes_lbl" xml:lang="en-US">Non-lease components (real estate taxes)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeaseLeaseIncome" xlink:to="us-gaap_OperatingLeaseLeaseIncome_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_OperatingLeaseLeaseIncome_2_lbl" xml:lang="en-US">Rental income</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_OperatingLeasedAssetsLineItems" xlink:label="us-gaap_OperatingLeasedAssetsLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeasedAssetsLineItems" xlink:to="us-gaap_OperatingLeasedAssetsLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeasedAssetsLineItems_lbl" xml:lang="en-US">Operating Leased Assets [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_OperatingLeaseLeaseIncomeLeasePayments" xlink:label="us-gaap_OperatingLeaseLeaseIncomeLeasePayments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeaseLeaseIncomeLeasePayments" xlink:to="us-gaap_OperatingLeaseLeaseIncomeLeasePayments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeaseLeaseIncomeLeasePayments_lbl" xml:lang="en-US">Minimum rentals</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_OperatingLeaseVariableLeaseIncome" xlink:label="us-gaap_OperatingLeaseVariableLeaseIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeaseVariableLeaseIncome" xlink:to="us-gaap_OperatingLeaseVariableLeaseIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeaseVariableLeaseIncome_lbl" xml:lang="en-US">Contingent rentals</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths" xlink:to="us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths_lbl" xml:lang="en-US">2022</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LessorOperatingLeasePaymentsToBeReceivedTwoYears" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedTwoYears" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LessorOperatingLeasePaymentsToBeReceivedTwoYears" xlink:to="us-gaap_LessorOperatingLeasePaymentsToBeReceivedTwoYears_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedTwoYears_lbl" xml:lang="en-US">2023</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LessorOperatingLeasePaymentsToBeReceivedThreeYears" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedThreeYears" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LessorOperatingLeasePaymentsToBeReceivedThreeYears" xlink:to="us-gaap_LessorOperatingLeasePaymentsToBeReceivedThreeYears_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedThreeYears_lbl" xml:lang="en-US">2024</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LessorOperatingLeasePaymentsToBeReceivedFourYears" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedFourYears" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LessorOperatingLeasePaymentsToBeReceivedFourYears" xlink:to="us-gaap_LessorOperatingLeasePaymentsToBeReceivedFourYears_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedFourYears_lbl" xml:lang="en-US">2025</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LessorOperatingLeasePaymentsToBeReceivedFiveYears" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedFiveYears" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LessorOperatingLeasePaymentsToBeReceivedFiveYears" xlink:to="us-gaap_LessorOperatingLeasePaymentsToBeReceivedFiveYears_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedFiveYears_lbl" xml:lang="en-US">2026</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LessorOperatingLeasePaymentsToBeReceivedThereafter" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedThereafter" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LessorOperatingLeasePaymentsToBeReceivedThereafter" xlink:to="us-gaap_LessorOperatingLeasePaymentsToBeReceivedThereafter_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedThereafter_lbl" xml:lang="en-US">After 2026</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LessorOperatingLeasePaymentsToBeReceived" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceived" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LessorOperatingLeasePaymentsToBeReceived" xlink:to="us-gaap_LessorOperatingLeasePaymentsToBeReceived_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceived_lbl" xml:lang="en-US">Total</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeaseRightOfUseAsset" xlink:to="us-gaap_OperatingLeaseRightOfUseAsset_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OperatingLeaseRightOfUseAsset_2_lbl" xml:lang="en-US">Operating Lease Right-of-Use-Asset</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_MonthlyRentExpense" xlink:label="mays_MonthlyRentExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_MonthlyRentExpense" xlink:to="mays_MonthlyRentExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_MonthlyRentExpense_lbl" xml:lang="en-US">Monthly Rent Expense</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_SubleaseIncome" xlink:label="us-gaap_SubleaseIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SubleaseIncome" xlink:to="us-gaap_SubleaseIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SubleaseIncome_lbl" xml:lang="en-US">Sublease income</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_OperatingLeaseCost" xlink:label="us-gaap_OperatingLeaseCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeaseCost" xlink:to="us-gaap_OperatingLeaseCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_OperatingLeaseCost_lbl" xml:lang="en-US">Operating lease cost</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_SubleaseIncomeNetOfLeaseCost" xlink:label="mays_SubleaseIncomeNetOfLeaseCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_SubleaseIncomeNetOfLeaseCost" xlink:to="mays_SubleaseIncomeNetOfLeaseCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="mays_SubleaseIncomeNetOfLeaseCost_lbl" xml:lang="en-US">Excess of sublease income over lease cost</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LesseeDisclosureAbstract" xlink:label="us-gaap_LesseeDisclosureAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LesseeDisclosureAbstract" xlink:to="us-gaap_LesseeDisclosureAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LesseeDisclosureAbstract_lbl" xml:lang="en-US">Lessee Disclosure [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LeaseCostAbstract" xlink:label="us-gaap_LeaseCostAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LeaseCostAbstract" xlink:to="us-gaap_LeaseCostAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LeaseCostAbstract_lbl" xml:lang="en-US">Other information:</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingLiabilities" xlink:label="us-gaap_IncreaseDecreaseInOperatingLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOperatingLiabilities" xlink:to="us-gaap_IncreaseDecreaseInOperatingLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOperatingLiabilities_lbl" xml:lang="en-US">Operating cash flows from operating leases</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths" xlink:to="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths_lbl" xml:lang="en-US">2022</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo" xlink:to="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo_lbl" xml:lang="en-US">2023</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree" xlink:to="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree_lbl" xml:lang="en-US">2024</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFour" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFour" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFour" xlink:to="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFour_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFour_lbl" xml:lang="en-US">2025</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFive" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFive" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFive" xlink:to="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFive_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFive_lbl" xml:lang="en-US">2026</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive" xlink:to="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive_lbl" xml:lang="en-US">Thereafter</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue" xlink:to="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_lbl" xml:lang="en-US">Total undiscounted cash flows</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount" xlink:to="us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount_lbl" xml:lang="en-US">Less: present value discount</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeaseLiability" xlink:to="us-gaap_OperatingLeaseLiability_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OperatingLeaseLiability_2_lbl" xml:lang="en-US">Total Lease Liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_OperatingLossCarryforwards" xlink:label="us-gaap_OperatingLossCarryforwards" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLossCarryforwards" xlink:to="us-gaap_OperatingLossCarryforwards_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLossCarryforwards_lbl" xml:lang="en-US">Operating loss carryforwards</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_PeriodOverWhichStateCapitalBasedTaxWillBePhasedOut" xlink:label="mays_PeriodOverWhichStateCapitalBasedTaxWillBePhasedOut" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_PeriodOverWhichStateCapitalBasedTaxWillBePhasedOut" xlink:to="mays_PeriodOverWhichStateCapitalBasedTaxWillBePhasedOut_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_PeriodOverWhichStateCapitalBasedTaxWillBePhasedOut_lbl" xml:lang="en-US">Period over which state capital-based tax will be phased out</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:to="us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract_lbl" xml:lang="en-US">Current:</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_CurrentFederalTaxExpenseBenefit" xlink:label="us-gaap_CurrentFederalTaxExpenseBenefit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CurrentFederalTaxExpenseBenefit" xlink:to="us-gaap_CurrentFederalTaxExpenseBenefit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CurrentFederalTaxExpenseBenefit_lbl" xml:lang="en-US">Federal</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_CurrentStateAndLocalTaxExpenseBenefit" xlink:label="us-gaap_CurrentStateAndLocalTaxExpenseBenefit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CurrentStateAndLocalTaxExpenseBenefit" xlink:to="us-gaap_CurrentStateAndLocalTaxExpenseBenefit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CurrentStateAndLocalTaxExpenseBenefit_lbl" xml:lang="en-US">State</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract" xlink:to="us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract_lbl" xml:lang="en-US">Deferred taxes (benefit):</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:label="us-gaap_DeferredFederalIncomeTaxExpenseBenefit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:to="us-gaap_DeferredFederalIncomeTaxExpenseBenefit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DeferredFederalIncomeTaxExpenseBenefit_lbl" xml:lang="en-US">Federal</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:label="us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:to="us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_lbl" xml:lang="en-US">State</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation" xlink:label="us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation" xlink:to="us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation_lbl" xml:lang="en-US">Income tax provision (benefit)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:to="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_2_lbl" xml:lang="en-US">Income (loss) before income taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_IncomeTaxReconciliationPaycheckProtectionProgramLoanForgiveness" xlink:label="mays_IncomeTaxReconciliationPaycheckProtectionProgramLoanForgiveness" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_IncomeTaxReconciliationPaycheckProtectionProgramLoanForgiveness" xlink:to="mays_IncomeTaxReconciliationPaycheckProtectionProgramLoanForgiveness_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_IncomeTaxReconciliationPaycheckProtectionProgramLoanForgiveness_lbl" xml:lang="en-US">Paycheck Protection Program Loan Forgiveness</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_IncomeTaxReconciliationOtherIncomeExpenseNet" xlink:label="mays_IncomeTaxReconciliationOtherIncomeExpenseNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_IncomeTaxReconciliationOtherIncomeExpenseNet" xlink:to="mays_IncomeTaxReconciliationOtherIncomeExpenseNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_IncomeTaxReconciliationOtherIncomeExpenseNet_lbl" xml:lang="en-US">Other-net</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_AdjustedPretaxIncome" xlink:label="mays_AdjustedPretaxIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_AdjustedPretaxIncome" xlink:to="mays_AdjustedPretaxIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="mays_AdjustedPretaxIncome_lbl" xml:lang="en-US">Adjusted pre-tax income (loss)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:to="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_lbl" xml:lang="en-US">Statutory rate</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate" xlink:label="us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate" xlink:to="us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_lbl" xml:lang="en-US">Income tax provision (benefit) at statutory rate</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:to="us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_2_lbl" xml:lang="en-US">State deferred income taxes (benefit)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityOther" xlink:label="us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityOther" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityOther" xlink:to="us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityOther_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityOther_lbl" xml:lang="en-US">Other-net</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation" xlink:to="us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation_2_lbl" xml:lang="en-US">Income tax provision (benefit)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_ComponentsOfDeferredTaxAssetsAbstract" xlink:label="us-gaap_ComponentsOfDeferredTaxAssetsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComponentsOfDeferredTaxAssetsAbstract" xlink:to="us-gaap_ComponentsOfDeferredTaxAssetsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ComponentsOfDeferredTaxAssetsAbstract_lbl" xml:lang="en-US">Deferred Tax Assets</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_DeferredTaxAssetsRentalIncomeReceivedInAdvance" xlink:label="mays_DeferredTaxAssetsRentalIncomeReceivedInAdvance" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredTaxAssetsRentalIncomeReceivedInAdvance" xlink:to="mays_DeferredTaxAssetsRentalIncomeReceivedInAdvance_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_DeferredTaxAssetsRentalIncomeReceivedInAdvance_lbl" xml:lang="en-US">Rental income received in advance</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_DeferredTaxAssetsAnticipatedPppLoanExpensesToBeForgiven" xlink:label="mays_DeferredTaxAssetsAnticipatedPppLoanExpensesToBeForgiven" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredTaxAssetsAnticipatedPppLoanExpensesToBeForgiven" xlink:to="mays_DeferredTaxAssetsAnticipatedPppLoanExpensesToBeForgiven_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_DeferredTaxAssetsAnticipatedPppLoanExpensesToBeForgiven_lbl" xml:lang="en-US">Anticipated PPP loan expenses to be forgiven</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_DererredTaxAssetsOperatingLeaseLiabilities" xlink:label="mays_DererredTaxAssetsOperatingLeaseLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DererredTaxAssetsOperatingLeaseLiabilities" xlink:to="mays_DererredTaxAssetsOperatingLeaseLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="mays_DererredTaxAssetsOperatingLeaseLiabilities_lbl" xml:lang="en-US">Operating lease liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DeferredTaxAssetsOperatingLossCarryforwards" xlink:label="us-gaap_DeferredTaxAssetsOperatingLossCarryforwards" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsOperatingLossCarryforwards" xlink:to="us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_lbl" xml:lang="en-US">Federal net operating loss carryforward</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal" xlink:label="us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal" xlink:to="us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal_lbl" xml:lang="en-US">State net operating loss carryforward</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DeferredTaxAssetsOther" xlink:label="us-gaap_DeferredTaxAssetsOther" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsOther" xlink:to="us-gaap_DeferredTaxAssetsOther_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsOther_lbl" xml:lang="en-US">Other</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="us-gaap_DeferredTaxAssetsNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsNet" xlink:to="us-gaap_DeferredTaxAssetsNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DeferredTaxAssetsNet_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract" xlink:label="us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract" xlink:to="us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract_lbl" xml:lang="en-US">Deferred Tax Liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_DeferredTaxLiabilitiesUnbilledReceivables" xlink:label="mays_DeferredTaxLiabilitiesUnbilledReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredTaxLiabilitiesUnbilledReceivables" xlink:to="mays_DeferredTaxLiabilitiesUnbilledReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_DeferredTaxLiabilitiesUnbilledReceivables_lbl" xml:lang="en-US">Unbilled receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment" xlink:label="us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment" xlink:to="us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_lbl" xml:lang="en-US">Property and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome" xlink:label="us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome" xlink:to="us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome_lbl" xml:lang="en-US">Unrealized gain on marketable securities</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_DererredTaxLiabilitiesOperatingLeaseRightofuseAssets" xlink:label="mays_DererredTaxLiabilitiesOperatingLeaseRightofuseAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DererredTaxLiabilitiesOperatingLeaseRightofuseAssets" xlink:to="mays_DererredTaxLiabilitiesOperatingLeaseRightofuseAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="mays_DererredTaxLiabilitiesOperatingLeaseRightofuseAssets_lbl" xml:lang="en-US">Operating lease right-of-use assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="us-gaap_DeferredIncomeTaxLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredIncomeTaxLiabilities" xlink:to="us-gaap_DeferredIncomeTaxLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DeferredIncomeTaxLiabilities_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="us-gaap_DeferredTaxLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilities" xlink:to="us-gaap_DeferredTaxLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DeferredTaxLiabilities_lbl" xml:lang="en-US">Net deferred tax liability</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:to="us-gaap_DeferredIncomeTaxExpenseBenefit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit_lbl" xml:lang="en-US">Deferred tax provision (benefit)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DefinedContributionPlanCostRecognized" xlink:label="us-gaap_DefinedContributionPlanCostRecognized" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedContributionPlanCostRecognized" xlink:to="us-gaap_DefinedContributionPlanCostRecognized_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DefinedContributionPlanCostRecognized_lbl" xml:lang="en-US">Pension contributions</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_MultiemployerPlanPensionSignificantEmployerContributionCost" xlink:label="us-gaap_MultiemployerPlanPensionSignificantEmployerContributionCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MultiemployerPlanPensionSignificantEmployerContributionCost" xlink:to="us-gaap_MultiemployerPlanPensionSignificantEmployerContributionCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MultiemployerPlanPensionSignificantEmployerContributionCost_lbl" xml:lang="en-US">Employer contributions</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_MultiemployerPlanContributionRateIncreaseDecrease" xlink:label="us-gaap_MultiemployerPlanContributionRateIncreaseDecrease" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MultiemployerPlanContributionRateIncreaseDecrease" xlink:to="us-gaap_MultiemployerPlanContributionRateIncreaseDecrease_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MultiemployerPlanContributionRateIncreaseDecrease_lbl" xml:lang="en-US">Minimum contribution rate</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_RestrictedCashTenantSecurityDeposits" xlink:label="mays_RestrictedCashTenantSecurityDeposits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_RestrictedCashTenantSecurityDeposits" xlink:to="mays_RestrictedCashTenantSecurityDeposits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_RestrictedCashTenantSecurityDeposits_lbl" xml:lang="en-US">Restricted cash, tenant security deposits</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_EscrowDeposit" xlink:label="us-gaap_EscrowDeposit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EscrowDeposit" xlink:to="us-gaap_EscrowDeposit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EscrowDeposit_lbl" xml:lang="en-US">Restricted cash, escrow</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_RestrictedCashOther" xlink:label="mays_RestrictedCashOther" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_RestrictedCashOther" xlink:to="mays_RestrictedCashOther_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_RestrictedCashOther_lbl" xml:lang="en-US">Restricted cash, other</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_3_lbl" xml:lang="en-US">Cash flow information</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_SupplementalCashFlowInformationAbstract" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SupplementalCashFlowInformationAbstract" xlink:to="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xml:lang="en-US">Cash Flow Information</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="us-gaap_InterestPaidNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestPaidNet" xlink:to="us-gaap_InterestPaidNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InterestPaidNet_lbl" xml:lang="en-US">Interest paid, net of capitalized interest of $115,415 (2021), and $112,074 (2020)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="us-gaap_IncomeTaxesPaidNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxesPaidNet" xlink:to="us-gaap_IncomeTaxesPaidNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_IncomeTaxesPaidNet_lbl" xml:lang="en-US">Income tax (refunded)</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_InterestPaidCapitalized" xlink:label="us-gaap_InterestPaidCapitalized" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestPaidCapitalized" xlink:to="us-gaap_InterestPaidCapitalized_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InterestPaidCapitalized_lbl" xml:lang="en-US">Capitalized interest</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_SupplementalNonCashFlowInformationAbstract" xlink:label="mays_SupplementalNonCashFlowInformationAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_SupplementalNonCashFlowInformationAbstract" xlink:to="mays_SupplementalNonCashFlowInformationAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_SupplementalNonCashFlowInformationAbstract_lbl" xml:lang="en-US">Non-cash information</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OperatingLeaseRightOfUseAssetGross" xlink:to="mays_OperatingLeaseRightOfUseAssetGross_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_OperatingLeaseRightOfUseAssetGross_2_lbl" xml:lang="en-US">Recognition of operating lease right-of-use assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OperatingLeaseLiabilityGross" xlink:to="mays_OperatingLeaseLiabilityGross_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_OperatingLeaseLiabilityGross_2_lbl" xml:lang="en-US">Recognition of operating lease liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DebtInstrumentFaceAmount" xlink:to="us-gaap_DebtInstrumentFaceAmount_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentFaceAmount_2_lbl" xml:lang="en-US">Mortgage refinance</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_ConcentrationRiskTable" xlink:label="us-gaap_ConcentrationRiskTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConcentrationRiskTable" xlink:to="us-gaap_ConcentrationRiskTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConcentrationRiskTable_lbl" xml:lang="en-US">Concentration Risk [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_ConcentrationRiskLineItems" xlink:label="us-gaap_ConcentrationRiskLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConcentrationRiskLineItems" xlink:to="us-gaap_ConcentrationRiskLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConcentrationRiskLineItems_lbl" xml:lang="en-US">Concentration Risk [Line Items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SalesRevenueNetMember" xlink:to="us-gaap_SalesRevenueNetMember_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_SalesRevenueNetMember_2_lbl" xml:lang="en-US">Rental Income [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_ConcentrationRiskPercentage1" xlink:label="us-gaap_ConcentrationRiskPercentage1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ConcentrationRiskPercentage1" xlink:to="us-gaap_ConcentrationRiskPercentage1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ConcentrationRiskPercentage1_lbl" xml:lang="en-US">Concentration risk</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_ConcentrationRiskNumberOfTenants" xlink:label="mays_ConcentrationRiskNumberOfTenants" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_ConcentrationRiskNumberOfTenants" xlink:to="mays_ConcentrationRiskNumberOfTenants_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="mays_ConcentrationRiskNumberOfTenants_lbl" xml:lang="en-US">Number of tenants</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_FairValueByBalanceSheetGroupingTable" xlink:label="us-gaap_FairValueByBalanceSheetGroupingTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueByBalanceSheetGroupingTable" xlink:to="us-gaap_FairValueByBalanceSheetGroupingTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueByBalanceSheetGroupingTable_lbl" xml:lang="en-US">Fair Value, by Balance Sheet Grouping [Table]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="mays_FairValueByMeasurementsBasisAxis_2_lbl" xml:lang="en-US">Thirty Three Bond Street Llc [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:to="us-gaap_CarryingReportedAmountFairValueDisclosureMember_2_lbl" xlink:type="arc" />
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      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_CashAndCashEquivalentsFairValueDisclosure" xlink:label="us-gaap_CashAndCashEquivalentsFairValueDisclosure" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DebtInstrumentFairValue_lbl" xml:lang="en-US">Mortgages and note payable</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_WeightedAverageLifeTermToDeferredCharges" xlink:label="mays_WeightedAverageLifeTermToDeferredCharges" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_WeightedAverageLifeTermToDeferredCharges" xlink:to="mays_WeightedAverageLifeTermToDeferredCharges_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_WeightedAverageLifeTermToDeferredCharges_lbl" xml:lang="en-US">Weighted average life of current year additions to deferred charges</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DeferredCostsLeasingNetAbstract" xlink:label="us-gaap_DeferredCostsLeasingNetAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_DeferredCostsLeasingNetAbstract_lbl" xml:lang="en-US">Leasing Charges</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DeferredCostsLeasingGross_2_lbl" xml:lang="en-US">Deferred charges</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_DeferredCostsLeasingAccumulatedAmortization" xlink:label="us-gaap_DeferredCostsLeasingAccumulatedAmortization" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCostsLeasingAccumulatedAmortization" xlink:to="us-gaap_DeferredCostsLeasingAccumulatedAmortization_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DeferredCostsLeasingAccumulatedAmortization_lbl" xml:lang="en-US">Less accumulated amortization</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_DeferredChargesAmortizationExpenseNextTwelveMonths" xlink:label="mays_DeferredChargesAmortizationExpenseNextTwelveMonths" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredChargesAmortizationExpenseNextTwelveMonths" xlink:to="mays_DeferredChargesAmortizationExpenseNextTwelveMonths_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="mays_DeferredChargesAmortizationExpenseNextTwelveMonths_lbl" xml:lang="en-US">2022</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_DeferredChargesAmortizationExpenseYearTwo" xlink:label="mays_DeferredChargesAmortizationExpenseYearTwo" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredChargesAmortizationExpenseYearTwo" xlink:to="mays_DeferredChargesAmortizationExpenseYearTwo_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="mays_DeferredChargesAmortizationExpenseYearTwo_lbl" xml:lang="en-US">2023</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_DeferredChargesAmortizationExpenseYearThree" xlink:label="mays_DeferredChargesAmortizationExpenseYearThree" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredChargesAmortizationExpenseYearThree" xlink:to="mays_DeferredChargesAmortizationExpenseYearThree_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="mays_DeferredChargesAmortizationExpenseYearThree_lbl" xml:lang="en-US">2024</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_DeferredChargesAmortizationExpenseYearFour" xlink:label="mays_DeferredChargesAmortizationExpenseYearFour" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredChargesAmortizationExpenseYearFour" xlink:to="mays_DeferredChargesAmortizationExpenseYearFour_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="mays_DeferredChargesAmortizationExpenseYearFour_lbl" xml:lang="en-US">2025</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_DeferredChargesAmortizationExpenseYearFive" xlink:label="mays_DeferredChargesAmortizationExpenseYearFive" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredChargesAmortizationExpenseYearFive" xlink:to="mays_DeferredChargesAmortizationExpenseYearFive_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="mays_DeferredChargesAmortizationExpenseYearFive_lbl" xml:lang="en-US">2026</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_PaymentsForRent" xlink:label="us-gaap_PaymentsForRent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForRent" xlink:to="us-gaap_PaymentsForRent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsForRent_lbl" xml:lang="en-US">Rent Payments</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_OperatingLeaseExpense" xlink:label="us-gaap_OperatingLeaseExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeaseExpense" xlink:to="us-gaap_OperatingLeaseExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLeaseExpense_lbl" xml:lang="en-US">Rent Expense</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeaseRightOfUseAsset" xlink:to="us-gaap_OperatingLeaseRightOfUseAsset_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OperatingLeaseRightOfUseAsset_3_lbl" xml:lang="en-US">Operating Lease Right-Of-Use Assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLeaseLiability" xlink:to="us-gaap_OperatingLeaseLiability_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_OperatingLeaseLiability_3_lbl" xml:lang="en-US">Operating Lease liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LeaseExpirationDate1" xlink:to="us-gaap_LeaseExpirationDate1_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_LeaseExpirationDate1_2_lbl" xml:lang="en-US">Expiration Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_RealEstateAndAccumulatedDepreciationByPropertyTable" xlink:label="srt_RealEstateAndAccumulatedDepreciationByPropertyTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_RealEstateAndAccumulatedDepreciationByPropertyTable" xlink:to="srt_RealEstateAndAccumulatedDepreciationByPropertyTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_RealEstateAndAccumulatedDepreciationByPropertyTable_lbl" xml:lang="en-US">SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, by Property [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_RealEstateAndAccumulatedDepreciationLineItems" xlink:label="srt_RealEstateAndAccumulatedDepreciationLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_RealEstateAndAccumulatedDepreciationLineItems" xlink:to="srt_RealEstateAndAccumulatedDepreciationLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_RealEstateAndAccumulatedDepreciationLineItems_lbl" xml:lang="en-US">SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2021/elts/srt-2021-01-31.xsd#srt_RealEstateAndAccumulatedDepreciationAmountOfEncumbrances" xlink:label="srt_RealEstateAndAccumulatedDepreciationAmountOfEncumbrances" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_RealEstateAndAccumulatedDepreciationAmountOfEncumbrances" xlink:to="srt_RealEstateAndAccumulatedDepreciationAmountOfEncumbrances_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="srt_RealEstateAndAccumulatedDepreciationAmountOfEncumbrances_lbl" xml:lang="en-US">Encumbrances</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_RealEstateAndAccumulatedDepreciationInitialCostAbstract" xlink:label="us-gaap_RealEstateAndAccumulatedDepreciationInitialCostAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateAndAccumulatedDepreciationInitialCostAbstract" xlink:to="us-gaap_RealEstateAndAccumulatedDepreciationInitialCostAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RealEstateAndAccumulatedDepreciationInitialCostAbstract_lbl" xml:lang="en-US">Initial Cost to Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfLand" xlink:label="us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfLand" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfLand" xlink:to="us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfLand_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfLand_lbl" xml:lang="en-US">Land</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements" xlink:label="us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements" xlink:to="us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements_lbl" xml:lang="en-US">Building &amp; Improvements</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionAbstract_lbl" xml:lang="en-US">Cost Capitalized Subsequent to Acquisition</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements_lbl" xml:lang="en-US">Improvements</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts_lbl" xml:lang="en-US">Carried Cost</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovementsAbstract" xlink:label="us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovementsAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovementsAbstract_lbl" xml:lang="en-US">Gross Amount at Which Carried At Close of Period</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLand" xlink:label="us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLand" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLand_lbl" xml:lang="en-US">Land</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements_lbl" xml:lang="en-US">Building &amp; Improvements</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateGrossAtCarryingValue" xlink:to="us-gaap_RealEstateGrossAtCarryingValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_RealEstateGrossAtCarryingValue_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_RealEstateAccumulatedDepreciation" xlink:label="us-gaap_RealEstateAccumulatedDepreciation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateAccumulatedDepreciation" xlink:to="us-gaap_RealEstateAccumulatedDepreciation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RealEstateAccumulatedDepreciation_lbl" xml:lang="en-US">Accumulated Depreciation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_RealEstateAndAccumulatedDepreciationLifeUsedForDepreciation1" xlink:label="us-gaap_RealEstateAndAccumulatedDepreciationLifeUsedForDepreciation1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateAndAccumulatedDepreciationLifeUsedForDepreciation1" xlink:to="us-gaap_RealEstateAndAccumulatedDepreciationLifeUsedForDepreciation1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RealEstateAndAccumulatedDepreciationLifeUsedForDepreciation1_lbl" xml:lang="en-US">Life on Which Depreciation in Latest Income Statement is Computed</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_OperatingLeaseRightofuseassetAdjustment" xlink:label="mays_OperatingLeaseRightofuseassetAdjustment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OperatingLeaseRightofuseassetAdjustment" xlink:to="mays_OperatingLeaseRightofuseassetAdjustment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_OperatingLeaseRightofuseassetAdjustment_lbl" xml:lang="en-US">Operating Lease Right-of-Use-Asset, Adjustment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentGross" xlink:to="us-gaap_PropertyPlantAndEquipmentGross_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentGross_2_lbl" xml:lang="en-US">Property and Equipment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:to="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_2_lbl" xml:lang="en-US">Accumulated depreciation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_ReconciliationOfCarryingAmountOfRealEstateInvestmentsRollForward" xlink:label="us-gaap_ReconciliationOfCarryingAmountOfRealEstateInvestmentsRollForward" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReconciliationOfCarryingAmountOfRealEstateInvestmentsRollForward" xlink:to="us-gaap_ReconciliationOfCarryingAmountOfRealEstateInvestmentsRollForward_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ReconciliationOfCarryingAmountOfRealEstateInvestmentsRollForward_lbl" xml:lang="en-US">Investment in Real Estate</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateGrossAtCarryingValue" xlink:to="us-gaap_RealEstateGrossAtCarryingValue_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_RealEstateGrossAtCarryingValue_2_lbl" xml:lang="en-US">Balance at Beginning of Year</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_RealEstateImprovements" xlink:label="us-gaap_RealEstateImprovements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateImprovements" xlink:to="us-gaap_RealEstateImprovements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_RealEstateImprovements_lbl" xml:lang="en-US">Improvements</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_RealEstateOtherDeductions" xlink:label="us-gaap_RealEstateOtherDeductions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateOtherDeductions" xlink:to="us-gaap_RealEstateOtherDeductions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_RealEstateOtherDeductions_lbl" xml:lang="en-US">Retirements</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateGrossAtCarryingValue" xlink:to="us-gaap_RealEstateGrossAtCarryingValue_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_RealEstateGrossAtCarryingValue_3_lbl" xml:lang="en-US">Balance at End of Year</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_ReconciliationOfRealEstateAccumulatedDepreciationRollForward" xlink:label="us-gaap_ReconciliationOfRealEstateAccumulatedDepreciationRollForward" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReconciliationOfRealEstateAccumulatedDepreciationRollForward" xlink:to="us-gaap_ReconciliationOfRealEstateAccumulatedDepreciationRollForward_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_ReconciliationOfRealEstateAccumulatedDepreciationRollForward_lbl" xml:lang="en-US">Accumulated Depreciation</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateAccumulatedDepreciation" xlink:to="us-gaap_RealEstateAccumulatedDepreciation_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_RealEstateAccumulatedDepreciation_2_lbl" xml:lang="en-US">Balance at Beginning of Year</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense" xlink:label="us-gaap_SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense" xlink:to="us-gaap_SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense_lbl" xml:lang="en-US">Additions Charged to Costs and Expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2021/elts/us-gaap-2021-01-31.xsd#us-gaap_RealEstateAccumulatedDepreciationOtherDeductions" xlink:label="us-gaap_RealEstateAccumulatedDepreciationOtherDeductions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateAccumulatedDepreciationOtherDeductions" xlink:to="us-gaap_RealEstateAccumulatedDepreciationOtherDeductions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_RealEstateAccumulatedDepreciationOtherDeductions_lbl" xml:lang="en-US">Retirements</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateAccumulatedDepreciation" xlink:to="us-gaap_RealEstateAccumulatedDepreciation_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_RealEstateAccumulatedDepreciation_3_lbl" xml:lang="en-US">Balance at End of Year</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_AdditionalMortgageLoansForCapitalImprovements" xlink:to="mays_AdditionalMortgageLoansForCapitalImprovements_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_AdditionalMortgageLoansForCapitalImprovements_doc" xml:lang="en-US">The value for additional mortgage loan for capital improvements.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_AdjustedPretaxIncome" xlink:to="mays_AdjustedPretaxIncome_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_AdjustedPretaxIncome_doc" xml:lang="en-US">Amount of adjusted pretax income</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_AggregateLongTermLoan" xlink:to="mays_AggregateLongTermLoan_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_AggregateLongTermLoan_doc" xml:lang="en-US">Total carrying value of long term loan before deferred financing costs.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_AmountOfDeferrals" xlink:to="mays_AmountOfDeferrals_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_AmountOfDeferrals_doc" xml:lang="en-US">Amount of Deferrals</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_AnotherBankMember" xlink:to="mays_AnotherBankMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_AnotherBankMember_doc" xml:lang="en-US">Another Bank [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_BadDebtExpenseReductionToRentRevenueMember" xlink:label="mays_BadDebtExpenseReductionToRentRevenueMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_BadDebtExpenseReductionToRentRevenueMember" xlink:to="mays_BadDebtExpenseReductionToRentRevenueMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_BadDebtExpenseReductionToRentRevenueMember_doc" xml:lang="en-US">Bad Debt Expense as a Reduction to Rent Revenue [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_BondSt.BuildingBrooklynNYMember" xlink:label="mays_BondSt.BuildingBrooklynNYMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_BondSt.BuildingBrooklynNYMember" xlink:to="mays_BondSt.BuildingBrooklynNYMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_BondSt.BuildingBrooklynNYMember_doc" xml:lang="en-US">Bond St. building, Brooklyn, NY [Member].</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_BondSt.BuildingBrooklynNYTwoMember" xlink:label="mays_BondSt.BuildingBrooklynNYTwoMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_BondSt.BuildingBrooklynNYTwoMember" xlink:to="mays_BondSt.BuildingBrooklynNYTwoMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_BondSt.BuildingBrooklynNYTwoMember_doc" xml:lang="en-US">Represents information pertaining to Bond St. building, Brooklyn, NY two.</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_BookDepreciationExceedingTaxDepreciationMember" xlink:label="mays_BookDepreciationExceedingTaxDepreciationMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_BookDepreciationExceedingTaxDepreciationMember" xlink:to="mays_BookDepreciationExceedingTaxDepreciationMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_BookDepreciationExceedingTaxDepreciationMember_doc" xml:lang="en-US">Book Depreciation Exceeding Tax Depreciation [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_BrooklynNewYorkJoweinBuildingFultonStreetAndElmPlaceMember" xlink:to="mays_BrooklynNewYorkJoweinBuildingFultonStreetAndElmPlaceMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_BrooklynNewYorkJoweinBuildingFultonStreetAndElmPlaceMember_doc" xml:lang="en-US">Brooklyn, New York, Jowein Building, Fulton Street and Elm Place [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_BuildingAndImprovementsNetOfAccumulatedDepreciation" xlink:to="mays_BuildingAndImprovementsNetOfAccumulatedDepreciation_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_BuildingAndImprovementsNetOfAccumulatedDepreciation_doc" xml:lang="en-US">Building and improvements net of accumulated depreciation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_BuildingsNet" xlink:to="mays_BuildingsNet_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_BuildingsNet_doc" xml:lang="en-US">Buildings - net.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_CirclevilleOhioTarltonRoadMember" xlink:to="mays_CirclevilleOhioTarltonRoadMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_CirclevilleOhioTarltonRoadMember_doc" xml:lang="en-US">Circleville, Ohio, Tarlton Road [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_CompanyOwnedPropertyMember" xlink:to="mays_CompanyOwnedPropertyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_CompanyOwnedPropertyMember_doc" xml:lang="en-US">Company Owned Property [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_ConcentrationRiskNumberOfTenants" xlink:to="mays_ConcentrationRiskNumberOfTenants_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_ConcentrationRiskNumberOfTenants_doc" xml:lang="en-US">Represents the number of tenants from whom rental income is derived.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_CustomerFourMember" xlink:to="mays_CustomerFourMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_CustomerFourMember_doc" xml:lang="en-US">Customer Four [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_CustomerOneMember" xlink:label="mays_CustomerOneMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_CustomerOneMember" xlink:to="mays_CustomerOneMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_CustomerOneMember_doc" xml:lang="en-US">Customer One [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_CustomerThreeMember" xlink:to="mays_CustomerThreeMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_CustomerThreeMember_doc" xml:lang="en-US">Customer Three [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_CustomerTwoMember" xlink:to="mays_CustomerTwoMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_CustomerTwoMember_doc" xml:lang="en-US">Customer Two [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DebtInstrumentMaturityPeriod" xlink:to="mays_DebtInstrumentMaturityPeriod_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_DebtInstrumentMaturityPeriod_doc" xml:lang="en-US">Maturity period of loan.</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_DecreaseInAverageRentPayableMember" xlink:label="mays_DecreaseInAverageRentPayableMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DecreaseInAverageRentPayableMember" xlink:to="mays_DecreaseInAverageRentPayableMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_DecreaseInAverageRentPayableMember_doc" xml:lang="en-US">(Decrease) in Average Rent Payable [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_DecreaseInUnbilledReceivablesMember" xlink:label="mays_DecreaseInUnbilledReceivablesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DecreaseInUnbilledReceivablesMember" xlink:to="mays_DecreaseInUnbilledReceivablesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_DecreaseInUnbilledReceivablesMember_doc" xml:lang="en-US">(Decrease) In Unbilled Receivables [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_DecreaseIncreaseInUnbilledReceivablesMember" xlink:label="mays_DecreaseIncreaseInUnbilledReceivablesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DecreaseIncreaseInUnbilledReceivablesMember" xlink:to="mays_DecreaseIncreaseInUnbilledReceivablesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_DecreaseIncreaseInUnbilledReceivablesMember_doc" xml:lang="en-US">(Decrease) in unbilled receivables [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredChargesAmortizationExpenseNextTwelveMonths" xlink:to="mays_DeferredChargesAmortizationExpenseNextTwelveMonths_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_DeferredChargesAmortizationExpenseNextTwelveMonths_doc" xml:lang="en-US">Amount of amortization expense expected to be recognized during the next fiscal year following the latest fiscal year for deferred charges.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredChargesAmortizationExpenseYearFive" xlink:to="mays_DeferredChargesAmortizationExpenseYearFive_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_DeferredChargesAmortizationExpenseYearFive_doc" xml:lang="en-US">Amount of amortization expense expected to be recognized during the fifth fiscal year following the latest fiscal year for deferred charges.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredChargesAmortizationExpenseYearFour" xlink:to="mays_DeferredChargesAmortizationExpenseYearFour_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_DeferredChargesAmortizationExpenseYearFour_doc" xml:lang="en-US">Amount of amortization expense expected to be recognized during the fourth fiscal year following the latest fiscal year for deferred charges.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredChargesAmortizationExpenseYearThree" xlink:to="mays_DeferredChargesAmortizationExpenseYearThree_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_DeferredChargesAmortizationExpenseYearThree_doc" xml:lang="en-US">Amount of amortization expense expected to be recognized during the third fiscal year following the latest fiscal year for deferred charges.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredChargesAmortizationExpenseYearTwo" xlink:to="mays_DeferredChargesAmortizationExpenseYearTwo_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_DeferredChargesAmortizationExpenseYearTwo_doc" xml:lang="en-US">Amount of amortization expense expected to be recognized during the second fiscal year following the latest fiscal year for deferred charges.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredChargesAmortizationPeriod" xlink:to="mays_DeferredChargesAmortizationPeriod_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_DeferredChargesAmortizationPeriod_doc" xml:lang="en-US">Amortization period of deferred charges during the period.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredChargesAxis" xlink:to="mays_DeferredChargesAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_DeferredChargesAxis_doc" xml:lang="en-US">Deferred Charges [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_DeferredChargesDomain" xlink:label="mays_DeferredChargesDomain" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredChargesDomain" xlink:to="mays_DeferredChargesDomain_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_DeferredChargesDomain_doc" xml:lang="en-US">Deferred Charges [Domain]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredIncomeTaxExpenseBenefitAxis" xlink:to="mays_DeferredIncomeTaxExpenseBenefitAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_DeferredIncomeTaxExpenseBenefitAxis_doc" xml:lang="en-US">Deferred Income Tax Expense (Benefit) [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_DeferredIncomeTaxExpenseBenefitDomain" xlink:label="mays_DeferredIncomeTaxExpenseBenefitDomain" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredIncomeTaxExpenseBenefitDomain" xlink:to="mays_DeferredIncomeTaxExpenseBenefitDomain_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_DeferredIncomeTaxExpenseBenefitDomain_doc" xml:lang="en-US">Deferred Income Tax Expense (Benefit) [Domain]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_DeferredRevenueMember" xlink:label="mays_DeferredRevenueMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredRevenueMember" xlink:to="mays_DeferredRevenueMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_DeferredRevenueMember_doc" xml:lang="en-US">Deferred Revenue [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredTaxAssetsAnticipatedPppLoanExpensesToBeForgiven" xlink:to="mays_DeferredTaxAssetsAnticipatedPppLoanExpensesToBeForgiven_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_DeferredTaxAssetsAnticipatedPppLoanExpensesToBeForgiven_doc" xml:lang="en-US">Anticipated PPP loan expenses to be forgiven.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredTaxAssetsRentalIncomeReceivedInAdvance" xlink:to="mays_DeferredTaxAssetsRentalIncomeReceivedInAdvance_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_DeferredTaxAssetsRentalIncomeReceivedInAdvance_doc" xml:lang="en-US">Amount before allocation of valuation allowances of deferred tax asset attributable to rental income received in advance.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredTaxLiabilitiesUnbilledReceivables" xlink:to="mays_DeferredTaxLiabilitiesUnbilledReceivables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_DeferredTaxLiabilitiesUnbilledReceivables_doc" xml:lang="en-US">Amount of deferred tax liability attributable to unbilled Receivables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DererredTaxAssetsOperatingLeaseLiabilities" xlink:to="mays_DererredTaxAssetsOperatingLeaseLiabilities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_DererredTaxAssetsOperatingLeaseLiabilities_doc" xml:lang="en-US">Operating lease liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DererredTaxLiabilitiesOperatingLeaseRightofuseAssets" xlink:to="mays_DererredTaxLiabilitiesOperatingLeaseRightofuseAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_DererredTaxLiabilitiesOperatingLeaseRightofuseAssets_doc" xml:lang="en-US">Operating lease right-of-use assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_EffectOnOperatingLeaseRightofuseAssetsLiabilitiesAndRentExpenseTableTextBlock" xlink:to="mays_EffectOnOperatingLeaseRightofuseAssetsLiabilitiesAndRentExpenseTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_EffectOnOperatingLeaseRightofuseAssetsLiabilitiesAndRentExpenseTableTextBlock_doc" xml:lang="en-US">Tabular disclosure of effect on operating lease right-of-use assets, liabilities and rent expense.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_FairValueByMeasurementsBasisAxis" xlink:to="mays_FairValueByMeasurementsBasisAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_FairValueByMeasurementsBasisAxis_doc" xml:lang="en-US">Fair Value By Measurements Basis [Axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_FederalOperatingLossCarryforwardMember" xlink:to="mays_FederalOperatingLossCarryforwardMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_FederalOperatingLossCarryforwardMember_doc" xml:lang="en-US">Federal Operating Loss Carryforward [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_FinancingCostsMember" xlink:label="mays_FinancingCostsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_FinancingCostsMember" xlink:to="mays_FinancingCostsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_FinancingCostsMember_doc" xml:lang="en-US">Financing Costs [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_FishkillNewYorkPropertyMember" xlink:to="mays_FishkillNewYorkPropertyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_FishkillNewYorkPropertyMember_doc" xml:lang="en-US">Fishkill, New York property [Member].</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_FiveHundredFour506FultonStreetMember" xlink:to="mays_FiveHundredFour506FultonStreetMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_FiveHundredFour506FultonStreetMember_doc" xml:lang="en-US">504-506 Fulton Street [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_ImpactOfCovid19OnOurResultsAndOperations" xlink:to="mays_ImpactOfCovid19OnOurResultsAndOperations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_ImpactOfCovid19OnOurResultsAndOperations_doc" xml:lang="en-US">The Impact of COVID-19 on Our Results and Operations Policy text Block.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_IncomeTaxReconciliationOtherIncomeExpenseNet" xlink:to="mays_IncomeTaxReconciliationOtherIncomeExpenseNet_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_IncomeTaxReconciliationOtherIncomeExpenseNet_doc" xml:lang="en-US">Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to other income (expense), net.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_IncreaseDecreaseBadDebtExpense" xlink:to="mays_IncreaseDecreaseBadDebtExpense_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_IncreaseDecreaseBadDebtExpense_doc" xml:lang="en-US">Bad debt expense.</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_IncreaseDecreaseInAverageRentPayableMember" xlink:label="mays_IncreaseDecreaseInAverageRentPayableMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_IncreaseDecreaseInAverageRentPayableMember" xlink:to="mays_IncreaseDecreaseInAverageRentPayableMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_IncreaseDecreaseInAverageRentPayableMember_doc" xml:lang="en-US">Increase (decrease) in average rent payable [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_IncreaseDecreaseInUnbilledReceivablesMember" xlink:to="mays_IncreaseDecreaseInUnbilledReceivablesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_IncreaseDecreaseInUnbilledReceivablesMember_doc" xml:lang="en-US">Increase (Decrease) In Unbilled Receivables [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_IncreaseInAnticipatedPPPLoanExpensesToBeForgivenMember" xlink:to="mays_IncreaseInAnticipatedPPPLoanExpensesToBeForgivenMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_IncreaseInAnticipatedPPPLoanExpensesToBeForgivenMember_doc" xml:lang="en-US">Increase in Anticipated PPP Loan Expenses to be Forgiven [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_InvestmentFourMember" xlink:label="mays_InvestmentFourMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_InvestmentFourMember" xlink:to="mays_InvestmentFourMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_InvestmentFourMember_doc" xml:lang="en-US">Investment Four [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_InvestmentOneMember" xlink:label="mays_InvestmentOneMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_InvestmentOneMember" xlink:to="mays_InvestmentOneMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_InvestmentOneMember_doc" xml:lang="en-US">Investment One [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_InvestmentThreeMember" xlink:label="mays_InvestmentThreeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_InvestmentThreeMember" xlink:to="mays_InvestmentThreeMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_InvestmentThreeMember_doc" xml:lang="en-US">Investment Three [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_InvestmentTwoMember" xlink:label="mays_InvestmentTwoMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_InvestmentTwoMember" xlink:to="mays_InvestmentTwoMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_InvestmentTwoMember_doc" xml:lang="en-US">Investment Two [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_JamaicaAvenueAt169thStreetMember" xlink:to="mays_JamaicaAvenueAt169thStreetMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_JamaicaAvenueAt169thStreetMember_doc" xml:lang="en-US">504-506 Fulton Street [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_JamaicaNewYorkBuildingMember" xlink:to="mays_JamaicaNewYorkBuildingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_JamaicaNewYorkBuildingMember_doc" xml:lang="en-US">Jamaica, New York, Jamaica Avenue at 169th Street [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_LeaseExpensePerBookInExcessOfCashPaidMember" xlink:to="mays_LeaseExpensePerBookInExcessOfCashPaidMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_LeaseExpensePerBookInExcessOfCashPaidMember_doc" xml:lang="en-US">Lease Expense Per Book in Excess of Cash Paid [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_LeasedPropertyMember" xlink:to="mays_LeasedPropertyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_LeasedPropertyMember_doc" xml:lang="en-US">Leased Property [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_LeasingBrokerageCommissionsMember" xlink:to="mays_LeasingBrokerageCommissionsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_LeasingBrokerageCommissionsMember_doc" xml:lang="en-US">Leasing Brokerage Commissions [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_LevittownNewYorkHempsteadTurnpikeMember" xlink:to="mays_LevittownNewYorkHempsteadTurnpikeMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_LevittownNewYorkHempsteadTurnpikeMember_doc" xml:lang="en-US">Levittown, New York, Hempstead, Turnpike [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_LitigationDepositDueFromContractorMember" xlink:label="mays_LitigationDepositDueFromContractorMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_LitigationDepositDueFromContractorMember" xlink:to="mays_LitigationDepositDueFromContractorMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_LitigationDepositDueFromContractorMember_doc" xml:lang="en-US">Litigation Deposit Due From Contractor [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_MonthlyRentExpense" xlink:to="mays_MonthlyRentExpense_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_MonthlyRentExpense_doc" xml:lang="en-US">Monthly rent expense</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_MultipleSuccessivelySubordinateLoansMember" xlink:label="mays_MultipleSuccessivelySubordinateLoansMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_MultipleSuccessivelySubordinateLoansMember" xlink:to="mays_MultipleSuccessivelySubordinateLoansMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_MultipleSuccessivelySubordinateLoansMember_doc" xml:lang="en-US">Multiple Successively Subordinate Loans [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_NetOperatingLossCarryforwardMember" xlink:label="mays_NetOperatingLossCarryforwardMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_NetOperatingLossCarryforwardMember" xlink:to="mays_NetOperatingLossCarryforwardMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_NetOperatingLossCarryforwardMember_doc" xml:lang="en-US">Represents information pertaining to net operating loss carryforward.</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_NoncurrentMember" xlink:label="mays_NoncurrentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_NoncurrentMember" xlink:to="mays_NoncurrentMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_NoncurrentMember_doc" xml:lang="en-US">Noncurrent [Member].</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OfficeFurnitureAndEquipmentAndTransportationEquipmentMember" xlink:to="mays_OfficeFurnitureAndEquipmentAndTransportationEquipmentMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_OfficeFurnitureAndEquipmentAndTransportationEquipmentMember_doc" xml:lang="en-US">Office Furniture and Equipment and Transportation Equipment [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OperatingLeaseBaseLeaseRentFixed" xlink:to="mays_OperatingLeaseBaseLeaseRentFixed_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_OperatingLeaseBaseLeaseRentFixed_doc" xml:lang="en-US">Base rent - fixed.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OperatingLeaseExpenseInExcessOfCashPayments" xlink:to="mays_OperatingLeaseExpenseInExcessOfCashPayments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_OperatingLeaseExpenseInExcessOfCashPayments_doc" xml:lang="en-US">Operating lease expense in excess of cash payments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OperatingLeaseLeaseIncomeOneTableTextBlock" xlink:to="mays_OperatingLeaseLeaseIncomeOneTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_OperatingLeaseLeaseIncomeOneTableTextBlock_doc" xml:lang="en-US">Schedule of Rental income.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OperatingLeaseLiabilityGross" xlink:to="mays_OperatingLeaseLiabilityGross_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_OperatingLeaseLiabilityGross_doc" xml:lang="en-US">Initial recognition of operating lease liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OperatingLeaseReimbursementsOfCommonAreaCosts" xlink:to="mays_OperatingLeaseReimbursementsOfCommonAreaCosts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_OperatingLeaseReimbursementsOfCommonAreaCosts_doc" xml:lang="en-US">Reimbursements of common area costs.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OperatingLeaseRightOfUseAssetGross" xlink:to="mays_OperatingLeaseRightOfUseAssetGross_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_OperatingLeaseRightOfUseAssetGross_doc" xml:lang="en-US">Initial recognition of operating lease right-of-use assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OperatingLeaseRightofuseassetAdjustment" xlink:to="mays_OperatingLeaseRightofuseassetAdjustment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_OperatingLeaseRightofuseassetAdjustment_doc" xml:lang="en-US">Operating Lease Right-of-Use-Asset, Adjustment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OrganizationPolicyTextBlock" xlink:to="mays_OrganizationPolicyTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_OrganizationPolicyTextBlock_doc" xml:lang="en-US">The accounting policies relating to the organization.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OtherDeferredIncomeTaxExpenseMember" xlink:to="mays_OtherDeferredIncomeTaxExpenseMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_OtherDeferredIncomeTaxExpenseMember_doc" xml:lang="en-US">Other Deferred Income Tax Expense [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_PeriodOverWhichStateCapitalBasedTaxWillBePhasedOut" xlink:to="mays_PeriodOverWhichStateCapitalBasedTaxWillBePhasedOut_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_PeriodOverWhichStateCapitalBasedTaxWillBePhasedOut_doc" xml:lang="en-US">The period over which state capital-based tax will be phased out.</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_PermanentSubordinateMortgageMember" xlink:label="mays_PermanentSubordinateMortgageMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_PermanentSubordinateMortgageMember" xlink:to="mays_PermanentSubordinateMortgageMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_PermanentSubordinateMortgageMember_doc" xml:lang="en-US">Permanent Subordinate Mortgage [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_ProfessionalFeesForLeasingMember" xlink:to="mays_ProfessionalFeesForLeasingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_ProfessionalFeesForLeasingMember_doc" xml:lang="en-US">Professional Fees For Leasing [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_ReductionIncreaseOfRentalIncomeReceivedInAdvanceMember" xlink:label="mays_ReductionIncreaseOfRentalIncomeReceivedInAdvanceMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_ReductionIncreaseOfRentalIncomeReceivedInAdvanceMember" xlink:to="mays_ReductionIncreaseOfRentalIncomeReceivedInAdvanceMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_ReductionIncreaseOfRentalIncomeReceivedInAdvanceMember_doc" xml:lang="en-US">Reduction (Increase) Of Rental Income Received In Advance [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_RelatedPartyNotePayableMember" xlink:label="mays_RelatedPartyNotePayableMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_RelatedPartyNotePayableMember" xlink:to="mays_RelatedPartyNotePayableMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_RelatedPartyNotePayableMember_doc" xml:lang="en-US">Related Party Note Payable [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_RentAbatements" xlink:to="mays_RentAbatements_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_RentAbatements_doc" xml:lang="en-US">Rent abatements.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_RestrictedCashOther" xlink:to="mays_RestrictedCashOther_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_RestrictedCashOther_doc" xml:lang="en-US">Restricted cash, other.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_RestrictedCashTenantSecurityDeposits" xlink:to="mays_RestrictedCashTenantSecurityDeposits_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_RestrictedCashTenantSecurityDeposits_doc" xml:lang="en-US">Restricted cash relating to tenant security deposits.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_ScheduleOfComponentsOfDeferredTaxProvisionBenefitTableTextBlock" xlink:to="mays_ScheduleOfComponentsOfDeferredTaxProvisionBenefitTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_ScheduleOfComponentsOfDeferredTaxProvisionBenefitTableTextBlock_doc" xml:lang="en-US">Tabular disclosure for components of deferred tax provision benefit.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_ScheduleOfDeferredChargesFutureAmortizationExpenseTableTextBlock" xlink:to="mays_ScheduleOfDeferredChargesFutureAmortizationExpenseTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_ScheduleOfDeferredChargesFutureAmortizationExpenseTableTextBlock_doc" xml:lang="en-US">Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for deferred charges.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_ScheduleOfDeferredChargesTableTextBlock" xlink:to="mays_ScheduleOfDeferredChargesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_ScheduleOfDeferredChargesTableTextBlock_doc" xml:lang="en-US">Deferred charges during the financial peroid.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_ScheduleOfFinancialInstrumentsTableTextBlock" xlink:to="mays_ScheduleOfFinancialInstrumentsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_ScheduleOfFinancialInstrumentsTableTextBlock_doc" xml:lang="en-US">Tabular disclosure for financial instruments that are carried at carrying value and fair value.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_SecurityDepositsPayableNonCurrent" xlink:to="mays_SecurityDepositsPayableNonCurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_SecurityDepositsPayableNonCurrent_doc" xml:lang="en-US">The noncurrent portion of security deposits payable.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_SmallBusinessAdministrationLoanMember" xlink:to="mays_SmallBusinessAdministrationLoanMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_SmallBusinessAdministrationLoanMember_doc" xml:lang="en-US">SBA Loan [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_StateNetOperatingLossCarryforwardMember" xlink:to="mays_StateNetOperatingLossCarryforwardMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_StateNetOperatingLossCarryforwardMember_doc" xml:lang="en-US">State net operating loss carryforward [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_ThirtyThreeBondStreetLlcMember" xlink:label="mays_ThirtyThreeBondStreetLlcMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_ThirtyThreeBondStreetLlcMember" xlink:to="mays_ThirtyThreeBondStreetLlcMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_ThirtyThreeBondStreetLlcMember_doc" xml:lang="en-US">33 Bond St. LLC [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_UnbilledReceivablesMember" xlink:label="mays_UnbilledReceivablesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_UnbilledReceivablesMember" xlink:to="mays_UnbilledReceivablesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_UnbilledReceivablesMember_doc" xml:lang="en-US">Unbilled Receivables [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="mays-20210731.xsd#mays_UnrealizedGainOnMarketableSecuritiesMember" xlink:label="mays_UnrealizedGainOnMarketableSecuritiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_UnrealizedGainOnMarketableSecuritiesMember" xlink:to="mays_UnrealizedGainOnMarketableSecuritiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_UnrealizedGainOnMarketableSecuritiesMember_doc" xml:lang="en-US">Unrealized Gain on Marketable securities [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_WeightedAverageLifeTermToDeferredCharges" xlink:to="mays_WeightedAverageLifeTermToDeferredCharges_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_WeightedAverageLifeTermToDeferredCharges_doc" xml:lang="en-US">Weighted Average Life Term To Deferred Charges during the financial perpoid.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_BadDebtExpenseMember" xlink:to="mays_BadDebtExpenseMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_BadDebtExpenseMember_doc" xml:lang="en-US">Bad Debt Expense [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_RenovationsAndImprovementsExpense" xlink:to="mays_RenovationsAndImprovementsExpense_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_RenovationsAndImprovementsExpense_doc" xml:lang="en-US">Renovations and improvements expense.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_FishkillNYBuildingMember" xlink:to="mays_FishkillNYBuildingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_FishkillNYBuildingMember_doc" xml:lang="en-US">Fishkill, New York building [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_JoweinBuildingInBrooklynNYMember" xlink:to="mays_JoweinBuildingInBrooklynNYMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_JoweinBuildingInBrooklynNYMember_doc" xml:lang="en-US">Jowein building in Brooklyn, New York [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_JamaicaNYbuildingMember" xlink:to="mays_JamaicaNYbuildingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_JamaicaNYbuildingMember_doc" xml:lang="en-US">Jamaica, New York building [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_JamaicaBuildingMember" xlink:to="mays_JamaicaBuildingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_JamaicaBuildingMember_doc" xml:lang="en-US">Jamaica building [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_NineBondBuildingInBrooklynNYMember" xlink:to="mays_NineBondBuildingInBrooklynNYMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_NineBondBuildingInBrooklynNYMember_doc" xml:lang="en-US">9 Bond Street building in Brooklyn, New York [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_BondSt.LandAndBuildingBrooklynNYMember" xlink:to="mays_BondSt.LandAndBuildingBrooklynNYMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_BondSt.LandAndBuildingBrooklynNYMember_doc" xml:lang="en-US">Bond St. land and building, Brooklyn, NY [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_ScheduleOfAdditionalInformationRelatedToLeasesTableTextBlock" xlink:to="mays_ScheduleOfAdditionalInformationRelatedToLeasesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_ScheduleOfAdditionalInformationRelatedToLeasesTableTextBlock_doc" xml:lang="en-US">Tabular disclosure of additional information related to leases.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_IncomeTaxReconciliationPaycheckProtectionProgramLoanForgiveness" xlink:to="mays_IncomeTaxReconciliationPaycheckProtectionProgramLoanForgiveness_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_IncomeTaxReconciliationPaycheckProtectionProgramLoanForgiveness_doc" xml:lang="en-US">Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to paycheck protection program loan forgiveness.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_BookDepreciationExceedingLessThanTaxDepreciationMember" xlink:to="mays_BookDepreciationExceedingLessThanTaxDepreciationMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_BookDepreciationExceedingLessThanTaxDepreciationMember_doc" xml:lang="en-US">Book depreciation exceeding (less than) tax depreciation [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_IncreaseInReserveForBadDebtsMember" xlink:to="mays_IncreaseInReserveForBadDebtsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_IncreaseInReserveForBadDebtsMember_doc" xml:lang="en-US">Increase in reserve for bad debts [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OperatingLeaseNonleaseComponentsRealEstateTaxes" xlink:to="mays_OperatingLeaseNonleaseComponentsRealEstateTaxes_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_OperatingLeaseNonleaseComponentsRealEstateTaxes_doc" xml:lang="en-US">Non-lease components (real estate taxes).</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_SubleaseIncomeNetOfLeaseCost" xlink:to="mays_SubleaseIncomeNetOfLeaseCost_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_SubleaseIncomeNetOfLeaseCost_doc" xml:lang="en-US">Excess of sublease income over lease cost.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_ScheduleOfNetSubleaseIncomeTableTextBlock" xlink:to="mays_ScheduleOfNetSubleaseIncomeTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_ScheduleOfNetSubleaseIncomeTableTextBlock_doc" xml:lang="en-US">Tabular disclosure of sublease income net of operating lease cost.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_CorporateEquitySecuritiesMember" xlink:to="mays_CorporateEquitySecuritiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_CorporateEquitySecuritiesMember_doc" xml:lang="en-US">Corporate Equity Securities [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_OperatingLeasesTextBlock" xlink:to="mays_OperatingLeasesTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_OperatingLeasesTextBlock_doc" xml:lang="en-US">The entire disclosure for operating leases for the lessor and lessee.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_ScheduleOfRelatedPartyRentPaymentsAndExpenseTableTextBlock" xlink:to="mays_ScheduleOfRelatedPartyRentPaymentsAndExpenseTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_ScheduleOfRelatedPartyRentPaymentsAndExpenseTableTextBlock_doc" xml:lang="en-US">Tabular disclosure of related party rent payments and expense.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_CustomerFiveMember" xlink:to="mays_CustomerFiveMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_CustomerFiveMember_doc" xml:lang="en-US">Five Customers [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_Covid19RentAbatementsReclassifiedToReduceRentalIncome" xlink:to="mays_Covid19RentAbatementsReclassifiedToReduceRentalIncome_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_Covid19RentAbatementsReclassifiedToReduceRentalIncome_doc" xml:lang="en-US">COVID 19 rent abatements reclassified to reduce rental income.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DecreaseOfRentalIncomeReceivedInAdvanceMember" xlink:to="mays_DecreaseOfRentalIncomeReceivedInAdvanceMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="mays_DecreaseOfRentalIncomeReceivedInAdvanceMember_doc" xml:lang="en-US">Decrease of rental income received in advance [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentGross" xlink:to="us-gaap_PropertyPlantAndEquipmentGross_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentGross_3_lbl" xml:lang="en-US">Property, Plant and Equipment, Gross</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:to="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_3_lbl" xml:lang="en-US">Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_BuildingsNet" xlink:to="mays_BuildingsNet_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_BuildingsNet_3_lbl" xml:lang="en-US">Customer Three [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentNet" xlink:to="us-gaap_PropertyPlantAndEquipmentNet_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_2_lbl" xml:lang="en-US">Property, Plant and Equipment, Net</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="us-gaap_Assets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Assets_2_lbl" xml:lang="en-US">Assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_SecurityDepositsPayableNonCurrent" xlink:to="mays_SecurityDepositsPayableNonCurrent_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_SecurityDepositsPayableNonCurrent_3_lbl" xml:lang="en-US">Security Deposits Payable Non Current</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Liabilities" xlink:to="us-gaap_Liabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Liabilities_2_lbl" xml:lang="en-US">Liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityBeforeTreasuryStock" xlink:to="us-gaap_StockholdersEquityBeforeTreasuryStock_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquityBeforeTreasuryStock_2_lbl" xml:lang="en-US">Stockholders' Equity before Treasury Stock</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockValue" xlink:to="us-gaap_TreasuryStockValue_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockValue_2_lbl" xml:lang="en-US">Treasury Stock, Value</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquity_4_lbl" xml:lang="en-US">Stockholders' Equity Attributable to Parent</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquity" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_2_lbl" xml:lang="en-US">Liabilities and Equity</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Revenues" xlink:to="us-gaap_Revenues_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Revenues_2_lbl" xml:lang="en-US">Revenues [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingExpenses" xlink:to="us-gaap_OperatingExpenses_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingExpenses_2_lbl" xml:lang="en-US">Operating Expenses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingIncomeLoss" xlink:to="us-gaap_OperatingIncomeLoss_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingIncomeLoss_2_lbl" xml:lang="en-US">Operating Income (Loss)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentIncomeNet" xlink:to="us-gaap_InvestmentIncomeNet_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentIncomeNet_3_lbl" xml:lang="en-US">Investment Income, Net</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpense" xlink:to="us-gaap_InterestExpense_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestExpense_2_lbl" xml:lang="en-US">Interest Expense</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NonoperatingIncomeExpense" xlink:to="us-gaap_NonoperatingIncomeExpense_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NonoperatingIncomeExpense_2_lbl" xml:lang="en-US">Nonoperating Income (Expense)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:to="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_3_lbl" xml:lang="en-US">Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesOutstanding" xlink:to="us-gaap_CommonStockSharesOutstanding_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesOutstanding_3_lbl" xml:lang="en-US">Common Stock, Shares, Outstanding</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInDeferredIncomeTaxes" xlink:to="us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInDeferredIncomeTaxes_2_lbl" xml:lang="en-US">Increase (Decrease) in Deferred Income Taxes</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnSaleOfPropertyPlantEquipment" xlink:to="us-gaap_GainLossOnSaleOfPropertyPlantEquipment_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnSaleOfPropertyPlantEquipment_2_lbl" xml:lang="en-US">Gain (Loss) on Disposition of Property Plant Equipment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GainLossOnInvestments" xlink:to="us-gaap_GainLossOnInvestments_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GainLossOnInvestments_2_lbl" xml:lang="en-US">Gain (Loss) on Investments</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherDepreciationAndAmortization" xlink:to="us-gaap_OtherDepreciationAndAmortization_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherDepreciationAndAmortization_2_lbl" xml:lang="en-US">Other Depreciation and Amortization</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AmortizationOfFinancingCosts" xlink:to="us-gaap_AmortizationOfFinancingCosts_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AmortizationOfFinancingCosts_2_lbl" xml:lang="en-US">Amortization of Debt Issuance Costs</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInDeferredCharges" xlink:to="us-gaap_IncreaseDecreaseInDeferredCharges_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInDeferredCharges_2_lbl" xml:lang="en-US">Increase (Decrease) in Deferred Charges</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInReceivables" xlink:to="us-gaap_IncreaseDecreaseInReceivables_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInReceivables_2_lbl" xml:lang="en-US">Increase (Decrease) in Receivables</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:to="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_2_lbl" xml:lang="en-US">Increase (Decrease) in Prepaid Expense and Other Assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:to="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_2_lbl" xml:lang="en-US">Increase (Decrease) in Accounts Payable and Accrued Liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_2_lbl" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:to="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_2_lbl" xml:lang="en-US">Payments to Acquire Property, Plant, and Equipment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireMarketableSecurities" xlink:to="us-gaap_PaymentsToAcquireMarketableSecurities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsToAcquireMarketableSecurities_2_lbl" xml:lang="en-US">Payments to Acquire Marketable Securities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_2_lbl" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepaymentsOfLongTermDebt" xlink:to="us-gaap_RepaymentsOfLongTermDebt_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RepaymentsOfLongTermDebt_2_lbl" xml:lang="en-US">Repayments of Long-term Debt</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsOfLoanCosts" xlink:to="us-gaap_PaymentsOfLoanCosts_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsOfLoanCosts_2_lbl" xml:lang="en-US">Payments of Loan Costs</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_2_lbl" xml:lang="en-US">Net Cash Provided by (Used in) Financing Activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_4_lbl" xml:lang="en-US">Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherAssetsDisclosureTextBlock" xlink:to="us-gaap_OtherAssetsDisclosureTextBlock_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherAssetsDisclosureTextBlock_2_lbl" xml:lang="en-US">Other Assets Disclosure [Text Block]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MarketableSecuritiesPolicy" xlink:to="us-gaap_MarketableSecuritiesPolicy_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MarketableSecuritiesPolicy_2_lbl" xml:lang="en-US">Marketable Securities, Policy [Policy Text Block]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:to="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_2_lbl" xml:lang="en-US">Property, Plant and Equipment, Policy [Policy Text Block]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllowanceForDoubtfulAccountsReceivableRecoveries" xlink:to="us-gaap_AllowanceForDoubtfulAccountsReceivableRecoveries_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivableRecoveries_2_lbl" xml:lang="en-US">Accounts Receivable, Allowance for Credit Loss, Recovery</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis" xlink:to="us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_2_lbl" xml:lang="en-US">Debt Securities, Available-for-sale, Amortized Cost</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredFinanceCostsNet" xlink:to="us-gaap_DeferredFinanceCostsNet_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredFinanceCostsNet_3_lbl" xml:lang="en-US">Debt Issuance Costs, Net</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LongTermDebt" xlink:to="us-gaap_LongTermDebt_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebt_2_lbl" xml:lang="en-US">Long-term Debt</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths" xlink:to="us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths_2_lbl" xml:lang="en-US">Lessor, Operating Lease, Payment to be Received, Year One</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LessorOperatingLeasePaymentsToBeReceivedTwoYears" xlink:to="us-gaap_LessorOperatingLeasePaymentsToBeReceivedTwoYears_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedTwoYears_2_lbl" xml:lang="en-US">Lessor, Operating Lease, Payment to be Received, Year Two</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LessorOperatingLeasePaymentsToBeReceivedThreeYears" xlink:to="us-gaap_LessorOperatingLeasePaymentsToBeReceivedThreeYears_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedThreeYears_2_lbl" xml:lang="en-US">Lessor, Operating Lease, Payment to be Received, Year Three</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LessorOperatingLeasePaymentsToBeReceivedFourYears" xlink:to="us-gaap_LessorOperatingLeasePaymentsToBeReceivedFourYears_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedFourYears_2_lbl" xml:lang="en-US">Lessor, Operating Lease, Payment to be Received, Year Four</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LessorOperatingLeasePaymentsToBeReceived" xlink:to="us-gaap_LessorOperatingLeasePaymentsToBeReceived_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceived_2_lbl" xml:lang="en-US">Lessor, Operating Lease, Payments to be Received</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue" xlink:to="us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue_2_lbl" xlink:type="arc" />
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityOther" xlink:to="us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityOther_2_lbl" xlink:type="arc" />
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DererredTaxAssetsOperatingLeaseLiabilities" xlink:to="mays_DererredTaxAssetsOperatingLeaseLiabilities_3_lbl" xlink:type="arc" />
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DererredTaxLiabilitiesOperatingLeaseRightofuseAssets" xlink:to="mays_DererredTaxLiabilitiesOperatingLeaseRightofuseAssets_3_lbl" xlink:type="arc" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredIncomeTaxLiabilities_2_lbl" xml:lang="en-US">Deferred Tax Liabilities, Gross</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilities" xlink:to="us-gaap_DeferredTaxLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxLiabilities_2_lbl" xml:lang="en-US">Deferred Tax Liabilities, Net</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DefinedContributionPlanCostRecognized" xlink:to="us-gaap_DefinedContributionPlanCostRecognized_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DefinedContributionPlanCostRecognized_2_lbl" xml:lang="en-US">Defined Contribution Plan, Cost</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestPaidNet_2_lbl" xml:lang="en-US">Interest Paid, Excluding Capitalized Interest, Operating Activities</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxesPaidNet_2_lbl" xml:lang="en-US">Income Taxes Paid, Net</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestPaidCapitalized_2_lbl" xml:lang="en-US">Interest Paid, Capitalized, Investing Activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_ConcentrationRiskNumberOfTenants" xlink:to="mays_ConcentrationRiskNumberOfTenants_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_ConcentrationRiskNumberOfTenants_3_lbl" xml:lang="en-US">Concentration Risk, Number Of Tenants</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsFairValueDisclosure" xlink:to="us-gaap_CashAndCashEquivalentsFairValueDisclosure_2_lbl" xlink:type="arc" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DebtInstrumentFairValue_2_lbl" xml:lang="en-US">Debt Instrument, Fair Value Disclosure</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredCostsLeasingAccumulatedAmortization" xlink:to="us-gaap_DeferredCostsLeasingAccumulatedAmortization_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredCostsLeasingAccumulatedAmortization_2_lbl" xml:lang="en-US">Deferred Costs, Leasing, Accumulated Amortization</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredChargesAmortizationExpenseNextTwelveMonths" xlink:to="mays_DeferredChargesAmortizationExpenseNextTwelveMonths_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_DeferredChargesAmortizationExpenseNextTwelveMonths_3_lbl" xml:lang="en-US">Deferred Charges Amortization Expense, Next Twelve Months</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredChargesAmortizationExpenseYearTwo" xlink:to="mays_DeferredChargesAmortizationExpenseYearTwo_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_DeferredChargesAmortizationExpenseYearTwo_3_lbl" xml:lang="en-US">Deferred Charges Amortization Expense Year Two</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredChargesAmortizationExpenseYearThree" xlink:to="mays_DeferredChargesAmortizationExpenseYearThree_3_lbl" xlink:type="arc" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_DeferredChargesAmortizationExpenseYearFour_3_lbl" xml:lang="en-US">Deferred Charges Amortization Expense Year Four</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="mays_DeferredChargesAmortizationExpenseYearFive" xlink:to="mays_DeferredChargesAmortizationExpenseYearFive_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="mays_DeferredChargesAmortizationExpenseYearFive_3_lbl" xml:lang="en-US">Deferred Charges Amortization Expense Year Five</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_RealEstateAndAccumulatedDepreciationAmountOfEncumbrances" xlink:to="srt_RealEstateAndAccumulatedDepreciationAmountOfEncumbrances_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_RealEstateAndAccumulatedDepreciationAmountOfEncumbrances_2_lbl" xml:lang="en-US">SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation, Amount of Encumbrances</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfLand" xlink:to="us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfLand_2_lbl" xlink:type="arc" />
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements" xlink:to="us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements_2_lbl" xlink:type="arc" />
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.CAL
<SEQUENCE>11
<FILENAME>mays-20210731_cal.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION CALCULATION LINKBASE
<TEXT>
<XBRL>
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<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143343555832">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>DOCUMENT AND ENTITY INFORMATION - USD ($)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Sep. 06, 2021</div></th>
<th class="th"><div>Jan. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DocumentAndEntityInformationAbstract', window );"><strong>Document And Entity Information [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">MAYS J W INC<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0000054187<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">10-K<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Jul. 31,  2021<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentFiscalPeriodFocus', window );">Document Fiscal Period Focus</a></td>
<td class="text">FY<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentFiscalYearFocus', window );">Document Fiscal Year Focus</a></td>
<td class="text">2021<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation State Country Code</a></td>
<td class="text">NY<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">1-3647<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CurrentFiscalYearEndDate', window );">Current Fiscal Year End Date</a></td>
<td class="text">--07-31<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityWellKnownSeasonedIssuer', window );">Entity Well-Known Seasoned Issuer</a></td>
<td class="text">No<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityVoluntaryFilers', window );">Entity Voluntary Filers</a></td>
<td class="text">No<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCurrentReportingStatus', window );">Entity Current Reporting Status</a></td>
<td class="text">Yes<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityInteractiveDataCurrent', window );">Entity Interactive Data Current</a></td>
<td class="text">Yes<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFilerCategory', window );">Entity Filer Category</a></td>
<td class="text">Non-accelerated Filer<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntitySmallBusiness', window );">Entity Small Business</a></td>
<td class="text">true<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityShellCompany', window );">Entity Shell Company</a></td>
<td class="text">false<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCommonStockSharesOutstanding', window );">Entity Common Stock, Shares Outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,015,780<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityPublicFloat', window );">Entity Public Float</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 10,510,864<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CurrentFiscalYearEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>End date of current fiscal year in the format --MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CurrentFiscalYearEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gMonthDayItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalPeriodFocus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fiscal period values are FY, Q1, Q2, and Q3.  1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFiscalPeriodFocus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fiscalPeriodItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalYearFocus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFiscalYearFocus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gYearItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCommonStockSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCommonStockSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCurrentReportingStatus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCurrentReportingStatus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFilerCategory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFilerCategory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:filerCategoryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityInteractiveDataCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation S-T<br> -Number 232<br> -Section 405<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityInteractiveDataCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityPublicFloat">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityPublicFloat</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityShellCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityShellCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntitySmallBusiness">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicates that the company is a Smaller Reporting Company (SRC).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntitySmallBusiness</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityVoluntaryFilers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityVoluntaryFilers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityWellKnownSeasonedIssuer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityWellKnownSeasonedIssuer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DocumentAndEntityInformationAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DocumentAndEntityInformationAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>16
<FILENAME>R2.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
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<head>
<title></title>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143343921208">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>CONSOLIDATED BALANCE SHEETS - USD ($)<br></strong></div></th>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentAbstract', window );"><strong>Property and Equipment-at cost:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Land', window );">Land</a></td>
<td class="nump">$ 6,067,805<span></span>
</td>
<td class="nump">$ 6,067,805<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_BuildingsHeldForLeasingAbstract', window );"><strong>Buildings held for leasing:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BuildingsAndImprovementsGross', window );">Buildings, improvements and fixtures</a></td>
<td class="nump">74,547,096<span></span>
</td>
<td class="nump">73,271,398<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConstructionInProgressGross', window );">Construction in progress</a></td>
<td class="nump">2,244,959<span></span>
</td>
<td class="nump">1,266,723<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentGross', window );">Property, Plant and Equipment, Gross</a></td>
<td class="nump">76,792,055<span></span>
</td>
<td class="nump">74,538,121<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment', window );">Accumulated depreciation</a></td>
<td class="num">(34,793,458)<span></span>
</td>
<td class="num">(33,007,989)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_BuildingsNet', window );">Buildings - net</a></td>
<td class="nump">41,998,597<span></span>
</td>
<td class="nump">41,530,132<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentNet', window );">Property and equipment-net</a></td>
<td class="nump">48,066,402<span></span>
</td>
<td class="nump">47,597,937<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents</a></td>
<td class="nump">1,552,389<span></span>
</td>
<td class="nump">3,260,135<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RestrictedCash', window );">Restricted cash</a></td>
<td class="nump">882,330<span></span>
</td>
<td class="nump">1,143,666<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReceivablesNetCurrent', window );">Receivables, net</a></td>
<td class="nump">2,416,769<span></span>
</td>
<td class="nump">2,219,946<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtSecurities', window );">Marketable securities</a></td>
<td class="nump">3,901,093<span></span>
</td>
<td class="nump">3,744,905<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PrepaidExpenseCurrent', window );">Prepaids and other assets</a></td>
<td class="nump">2,384,727<span></span>
</td>
<td class="nump">2,389,582<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCostsLeasingGross', window );">Deferred charges, net</a></td>
<td class="nump">3,739,243<span></span>
</td>
<td class="nump">2,986,648<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseRightOfUseAsset', window );">Operating lease right-of-use assets</a></td>
<td class="nump">34,566,169<span></span>
</td>
<td class="nump">37,077,038<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">TOTAL ASSETS</a></td>
<td class="nump">97,509,122<span></span>
</td>
<td class="nump">100,419,857<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAbstract', window );"><strong>Liabilities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LoansPayableToBank', window );">Mortgages payable</a></td>
<td class="nump">7,518,777<span></span>
</td>
<td class="nump">8,627,965<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherLoansPayable', window );">Note payable</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">722,726<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsPayableAndAccruedLiabilitiesNoncurrent', window );">Accounts payable and accrued expenses</a></td>
<td class="nump">2,632,905<span></span>
</td>
<td class="nump">2,771,540<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_SecurityDepositsPayableNonCurrent', window );">Security deposits payable</a></td>
<td class="nump">834,470<span></span>
</td>
<td class="nump">809,652<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseLiability', window );">Operating lease liabilities</a></td>
<td class="nump">27,840,930<span></span>
</td>
<td class="nump">29,044,966<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxLiabilitiesNet', window );">Deferred income taxes</a></td>
<td class="nump">4,582,000<span></span>
</td>
<td class="nump">4,741,000<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Liabilities', window );">Total liabilities</a></td>
<td class="nump">43,409,082<span></span>
</td>
<td class="nump">46,717,849<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityAbstract', window );"><strong>Shareholders' Equity:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockValue', window );">Common stock, par value $1 each share (shares-5,000,000 authorized; 2,178,297 issued)</a></td>
<td class="nump">2,178,297<span></span>
</td>
<td class="nump">2,178,297<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdditionalPaidInCapitalCommonStock', window );">Additional paid in capital</a></td>
<td class="nump">3,346,245<span></span>
</td>
<td class="nump">3,346,245<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RetainedEarningsAccumulatedDeficit', window );">Retained earnings</a></td>
<td class="nump">49,863,350<span></span>
</td>
<td class="nump">49,465,318<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityBeforeTreasuryStock', window );">Stockholders' Equity before Treasury Stock</a></td>
<td class="nump">55,387,892<span></span>
</td>
<td class="nump">54,989,860<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockValue', window );">Common stock held in treasury, at cost - 162,517 shares at July 31, 2021 and July 31, 2020</a></td>
<td class="num">(1,287,852)<span></span>
</td>
<td class="num">(1,287,852)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Total shareholders' equity</a></td>
<td class="nump">54,100,040<span></span>
</td>
<td class="nump">53,702,008<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAndStockholdersEquity', window );">TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY</a></td>
<td class="nump">$ 97,509,122<span></span>
</td>
<td class="nump">$ 100,419,857<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_BuildingsHeldForLeasingAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_BuildingsHeldForLeasingAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_BuildingsNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Buildings - net.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_BuildingsNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_SecurityDepositsPayableNonCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The noncurrent portion of security deposits payable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_SecurityDepositsPayableNonCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsPayableAndAccruedLiabilitiesNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due after one year (or beyond the operating cycle if longer), including liabilities for compensation costs, fringe benefits other than pension and postretirement obligations, rent, contractual rights and obligations, and statutory obligations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.24)<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsPayableAndAccruedLiabilitiesNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.14)<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdditionalPaidInCapitalCommonStock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(30)(a)(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AdditionalPaidInCapitalCommonStock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(11))<br> -URI http://asc.fasb.org/extlink&amp;oid=120398452&amp;loc=d3e534808-122878<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 852<br> -SubTopic 10<br> -Section 55<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=84165509&amp;loc=d3e56426-112766<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(4)(iii)(A))<br> -URI 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-Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(4)(iii)(B))<br> -URI http://asc.fasb.org/extlink&amp;oid=124359900&amp;loc=SL124442552-122756<br><br>Reference 17: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (bb)<br> -URI http://asc.fasb.org/extlink&amp;oid=123419778&amp;loc=d3e5710-111685<br><br>Reference 18: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(5))<br> -URI http://asc.fasb.org/extlink&amp;oid=124359900&amp;loc=SL124442552-122756<br><br>Reference 19: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 810<br> -SubTopic 10<br> -Section 45<br> -Paragraph 25<br> -Subparagraph (a)<br> -URI 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23: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 30<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=123359005&amp;loc=d3e8906-108599<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(6))<br> -URI http://asc.fasb.org/extlink&amp;oid=120398452&amp;loc=d3e534808-122878<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 326<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=124258926&amp;loc=SL82898722-210454<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=124260329&amp;loc=d3e26610-111562<br><br>Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (aa)<br> -URI http://asc.fasb.org/extlink&amp;oid=123581744&amp;loc=d3e27161-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_BuildingsAndImprovementsGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before accumulated depreciation of building structures held for productive use including addition, improvement, or renovation to the structure, including, but not limited to, interior masonry, interior flooring, electrical, and plumbing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 4<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=124098289&amp;loc=d3e6812-107765<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_BuildingsAndImprovementsGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3044-108585<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=124098289&amp;loc=d3e6676-107765<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsAtCarryingValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 852<br> -SubTopic 10<br> -Section 55<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=84165509&amp;loc=d3e56426-112766<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ConstructionInProgressGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of structure or a modification to a structure under construction. Includes recently completed structures or modifications to structures that have not been placed into service.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ConstructionInProgressGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCostsLeasingGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>For an unclassified balance sheet, this element represents costs incurred by the lessor that are (a) costs to originate a lease incurred in transactions with independent third parties that (i) result directly from and are essential to acquire that lease and (ii) would not have been incurred had that leasing transaction not occurred and (b) certain costs directly related to specified activities performed by the lessor for that lease. Those activities are: evaluating the prospective lessee's financial condition; evaluating and recording guarantees, collateral, and other security arrangements; negotiating lease terms; preparing and processing lease documents; and closing the transaction. This amount is before considering accumulated amortization representing the periodic charge to earnings to recognize the deferred costs over the term of the related lease.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 25<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=123408481&amp;loc=SL77919138-209958<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 25<br> -Paragraph 17<br> -URI http://asc.fasb.org/extlink&amp;oid=123394419&amp;loc=d3e40246-112709<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/otherTransitionRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 25<br> -Paragraph 16<br> -URI http://asc.fasb.org/extlink&amp;oid=123394419&amp;loc=d3e40588-112709<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredCostsLeasingGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredIncomeTaxLiabilitiesNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences with jurisdictional netting.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 45<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=123427490&amp;loc=d3e31931-109318<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 45<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=123427490&amp;loc=d3e31917-109318<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredIncomeTaxLiabilitiesNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Land">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before accumulated depletion of real estate held for productive use, excluding land held for sale.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.13)<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 4<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=124098289&amp;loc=d3e6812-107765<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Land</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Liabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.19-26)<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 852<br> -SubTopic 10<br> -Section 50<br> -Paragraph 7<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=124433192&amp;loc=SL2890621-112765<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 30<br> -Subparagraph (d)<br> -URI 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-Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=114001798&amp;loc=d3e33918-111571<br><br>Reference 14: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(5))<br> -URI http://asc.fasb.org/extlink&amp;oid=124359900&amp;loc=SL124442526-122756<br><br>Reference 15: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(4)(iii)(A))<br> -URI http://asc.fasb.org/extlink&amp;oid=124359900&amp;loc=SL124442526-122756<br><br>Reference 16: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Liabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesAndStockholdersEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=114001798&amp;loc=d3e33918-111571<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 852<br> -SubTopic 10<br> -Section 55<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=84165509&amp;loc=d3e56426-112766<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(23))<br> -URI http://asc.fasb.org/extlink&amp;oid=120398452&amp;loc=d3e534808-122878<br><br>Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(25))<br> -URI http://asc.fasb.org/extlink&amp;oid=120400017&amp;loc=d3e572229-122910<br><br>Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(g)(1)(ii))<br> -URI http://asc.fasb.org/extlink&amp;oid=120395691&amp;loc=d3e23780-122690<br><br>Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(32))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=123596393&amp;loc=d3e14064-108612<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LiabilitiesAndStockholdersEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LoansPayableToBank">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Including the current and noncurrent portions, carrying value as of the balance sheet date of loans from a bank with maturities initially due after one year or beyond the normal operating cycle if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(16)(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=120400017&amp;loc=d3e572229-122910<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=120398452&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LoansPayableToBank</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeaseLiability">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Present value of lessee's discounted obligation for lease payments from operating lease.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123391704&amp;loc=SL77918627-209977<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeaseLiability</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeaseRightOfUseAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of lessee's right to use underlying asset under operating lease.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123391704&amp;loc=SL77918627-209977<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeaseRightOfUseAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherLoansPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of long-term loans payable classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=120400017&amp;loc=d3e572229-122910<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=120398452&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherLoansPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PrepaidExpenseCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of asset related to consideration paid in advance for costs that provide economic benefits within a future period of one year or the normal operating cycle, if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=124098289&amp;loc=d3e6787-107765<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (g)<br> -URI http://asc.fasb.org/extlink&amp;oid=124098289&amp;loc=d3e6676-107765<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 340<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6387103&amp;loc=d3e6435-108320<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 340<br> -SubTopic 10<br> -Section 05<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=123349782&amp;loc=d3e5879-108316<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PrepaidExpenseCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.13)<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(14))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(8))<br> -URI http://asc.fasb.org/extlink&amp;oid=120400017&amp;loc=d3e572229-122910<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 360<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=124429447&amp;loc=SL124453093-239630<br><br>Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(13))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 6: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 852<br> -SubTopic 10<br> -Section 55<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=84165509&amp;loc=d3e56426-112766<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ReceivablesNetCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total amount due to the entity within one year of the balance sheet date (or one operating cycle, if longer) from outside sources, including trade accounts receivable, notes and loans receivable, as well as any other types of receivables, net of allowances established for the purpose of reducing such receivables to an amount that approximates their net realizable value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(5))<br> -URI http://asc.fasb.org/extlink&amp;oid=120400017&amp;loc=d3e572229-122910<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(3))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 946<br> -SubTopic 210<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.6-06(3))<br> -URI http://asc.fasb.org/extlink&amp;oid=120401414&amp;loc=d3e604059-122996<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 852<br> -SubTopic 10<br> -Section 55<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=84165509&amp;loc=d3e56426-112766<br><br>Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(4))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ReceivablesNetCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RestrictedCash">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash restricted as to withdrawal or usage. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=123431023&amp;loc=SL98516268-108586<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(1)(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=120398452&amp;loc=d3e534808-122878<br><br>Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=120400017&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RestrictedCash</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
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</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RetainedEarningsAccumulatedDeficit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cumulative amount of the reporting entity's undistributed earnings or deficit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(30)(a)(3))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 852<br> -SubTopic 10<br> -Section 55<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=84165509&amp;loc=d3e56426-112766<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 718<br> -SubTopic 10<br> -Section 65<br> -Paragraph 15<br> -Subparagraph (g)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=121322162&amp;loc=SL121327923-165333<br><br>Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(23)(a)(4))<br> -URI http://asc.fasb.org/extlink&amp;oid=120400017&amp;loc=d3e572229-122910<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 65<br> -Paragraph 2<br> -Subparagraph (h)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=124501264&amp;loc=SL117420844-207641<br><br>Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=120397183&amp;loc=d3e187085-122770<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 40<br> -Section 65<br> -Paragraph 2<br> -Subparagraph (g)(2)(i)<br> -URI http://asc.fasb.org/extlink&amp;oid=124501264&amp;loc=SL117420844-207641<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RetainedEarningsAccumulatedDeficit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(g)(1)(ii))<br> -URI http://asc.fasb.org/extlink&amp;oid=120395691&amp;loc=d3e23780-122690<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 852<br> -SubTopic 10<br> -Section 55<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=84165509&amp;loc=d3e56426-112766<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SAB Topic 4.E)<br> -URI http://asc.fasb.org/extlink&amp;oid=122038336&amp;loc=d3e74512-122707<br><br>Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(31))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(30))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=123596393&amp;loc=d3e14064-108612<br><br>Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=114001798&amp;loc=d3e33918-111571<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockholdersEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquityAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockholdersEquityAbstract</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
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<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquityBeforeTreasuryStock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total amount of stockholders' equity (deficit) items including stock value, paid in capital, retained earnings and including equity attributable to noncontrolling interests and before deducting the carrying value of treasury stock.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockholdersEquityBeforeTreasuryStock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
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<tr>
<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 30<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=6405834&amp;loc=d3e23315-112656<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.29,30)<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6405813&amp;loc=d3e23239-112655<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TreasuryStockValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<tr>
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<td>instant</td>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143369994264">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares<br></strong></div></th>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementOfFinancialPositionAbstract', window );"><strong>Statement of Financial Position [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockParOrStatedValuePerShare', window );">Common stock, par value</a></td>
<td class="nump">$ 1<span></span>
</td>
<td class="nump">$ 1<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesAuthorized', window );">Common stock, shares authorized</a></td>
<td class="nump">5,000,000<span></span>
</td>
<td class="nump">5,000,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesIssued', window );">Common stock, shares issued</a></td>
<td class="nump">2,178,297<span></span>
</td>
<td class="nump">2,178,297<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockShares', window );">Treasury stock, shares</a></td>
<td class="nump">162,517<span></span>
</td>
<td class="nump">162,517<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockParOrStatedValuePerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Face amount or stated value per share of common stock.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockParOrStatedValuePerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maximum number of common shares permitted to be issued by an entity's charter and bylaws.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockSharesAuthorized</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockSharesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementOfFinancialPositionAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.29,30)<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6405813&amp;loc=d3e23239-112655<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TreasuryStockShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143343950488">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevenuesAbstract', window );"><strong>Revenues</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseLeaseIncome', window );">Rental income</a></td>
<td class="nump">$ 20,212,879<span></span>
</td>
<td class="nump">$ 19,531,846<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Revenues', window );">Total revenues</a></td>
<td class="nump">20,212,879<span></span>
</td>
<td class="nump">19,531,846<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingExpensesAbstract', window );"><strong>Expenses</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingCostsAndExpenses', window );">Real estate operating expenses</a></td>
<td class="nump">14,306,967<span></span>
</td>
<td class="nump">14,024,623<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GeneralAndAdministrativeExpense', window );">Administrative and general expenses</a></td>
<td class="nump">4,958,227<span></span>
</td>
<td class="nump">5,085,360<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DepreciationAndAmortization', window );">Depreciation</a></td>
<td class="nump">1,785,468<span></span>
</td>
<td class="nump">1,661,280<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingExpenses', window );">Total expenses</a></td>
<td class="nump">21,050,662<span></span>
</td>
<td class="nump">20,771,263<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingIncomeLoss', window );">Loss from operations</a></td>
<td class="num">(837,783)<span></span>
</td>
<td class="num">(1,239,417)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NonoperatingIncomeExpenseAbstract', window );"><strong>Other income and interest expense</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentIncomeNet', window );">Investment income</a></td>
<td class="nump">173,548<span></span>
</td>
<td class="nump">145,561<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MarketableSecuritiesUnrealizedGainLoss', window );">Change in fair value of marketable securities</a></td>
<td class="nump">446,126<span></span>
</td>
<td class="nump">35,372<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest expense</a></td>
<td class="num">(265,585)<span></span>
</td>
<td class="num">(202,521)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainsLossesOnExtinguishmentOfDebt', window );">Extinguishment of debt</a></td>
<td class="nump">722,726<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NonoperatingIncomeExpense', window );">Total Other income and interest expense</a></td>
<td class="nump">1,076,815<span></span>
</td>
<td class="num">(21,588)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income tax</a></td>
<td class="nump">239,032<span></span>
</td>
<td class="num">(1,261,005)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">Income tax provision (benefit)</a></td>
<td class="num">(159,000)<span></span>
</td>
<td class="num">(355,000)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="nump">$ 398,032<span></span>
</td>
<td class="num">$ (906,005)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareBasic', window );">Income (loss) per common share, basic and diluted</a></td>
<td class="nump">$ 0.20<span></span>
</td>
<td class="num">$ (0.45)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockDividendsPerShareCashPaid', window );">Dividends per share</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic', window );">Average common shares outstanding, basic and diluted</a></td>
<td class="nump">2,015,780<span></span>
</td>
<td class="nump">2,015,780<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockDividendsPerShareCashPaid">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Aggregate dividends paid during the period for each share of common stock outstanding.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.3-04)<br> -URI http://asc.fasb.org/extlink&amp;oid=120397183&amp;loc=d3e187085-122770<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CommonStockDividendsPerShareCashPaid</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DepreciationAndAmortization">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DepreciationAndAmortization</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareBasic">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 815<br> -SubTopic 40<br> -Section 65<br> -Paragraph 1<br> -Subparagraph (e)(4)<br> -URI http://asc.fasb.org/extlink&amp;oid=123482062&amp;loc=SL123482106-238011<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 250<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=124431687&amp;loc=d3e22583-107794<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 250<br> -SubTopic 10<br> -Section 50<br> -Paragraph 11<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=124431687&amp;loc=d3e22694-107794<br><br>Reference 4: 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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerShareBasic</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainsLossesOnExtinguishmentOfDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 50<br> -Section 40<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=123467658&amp;loc=d3e12355-112629<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 50<br> -Section 40<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=123467658&amp;loc=d3e12317-112629<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GainsLossesOnExtinguishmentOfDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GeneralAndAdministrativeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.4)<br> -URI http://asc.fasb.org/extlink&amp;oid=123367319&amp;loc=SL114868664-224227<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GeneralAndAdministrativeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 32<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=123359005&amp;loc=d3e8933-108599<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 30<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123359005&amp;loc=d3e8906-108599<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 32<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=123359005&amp;loc=d3e8933-108599<br><br>Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 940<br> -SubTopic 20<br> -Section 25<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=123384075&amp;loc=d3e41242-110953<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 22<br> -URI http://asc.fasb.org/extlink&amp;oid=123359005&amp;loc=d3e8736-108599<br><br>Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=123367319&amp;loc=SL114868664-224227<br><br>Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 220<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(8))<br> -URI http://asc.fasb.org/extlink&amp;oid=120400993&amp;loc=SL114874131-224263<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 235<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-05(b)(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=120399901&amp;loc=d3e537907-122884<br><br>Reference 9: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 31<br> -URI http://asc.fasb.org/extlink&amp;oid=123359005&amp;loc=d3e8924-108599<br><br>Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 220<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(15))<br> -URI http://asc.fasb.org/extlink&amp;oid=120399700&amp;loc=SL114874048-224260<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB TOPIC 6.I.7)<br> -URI http://asc.fasb.org/extlink&amp;oid=122134291&amp;loc=d3e330036-122817<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32672-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 22<br> -Subparagraph (h)<br> -URI http://asc.fasb.org/extlink&amp;oid=123359005&amp;loc=d3e8736-108599<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(h))<br> -URI http://asc.fasb.org/extlink&amp;oid=120395691&amp;loc=d3e23780-122690<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 250<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -URI http://asc.fasb.org/extlink&amp;oid=124431687&amp;loc=d3e22663-107794<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 20<br> -Section 45<br> -Paragraph 2<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123586238&amp;loc=d3e38679-109324<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 220<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(9))<br> -URI http://asc.fasb.org/extlink&amp;oid=120400993&amp;loc=SL114874131-224263<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 250<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=124431687&amp;loc=d3e22658-107794<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of the cost of borrowed funds accounted for as interest expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6450988&amp;loc=d3e26243-108391<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 45<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=124435984&amp;loc=d3e28555-108399<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 22<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=123359005&amp;loc=d3e8736-108599<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (210.5-03(11))<br> -URI http://asc.fasb.org/extlink&amp;oid=123367319&amp;loc=SL114868664-224227<br><br>Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 220<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04.9)<br> -URI http://asc.fasb.org/extlink&amp;oid=120399700&amp;loc=SL114874048-224260<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InterestExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentIncomeNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after accretion (amortization) of discount (premium), and investment expense, of interest income and dividend income on nonoperating securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.7(a),(b))<br> -URI http://asc.fasb.org/extlink&amp;oid=123367319&amp;loc=SL114868664-224227<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.8)<br> -URI http://asc.fasb.org/extlink&amp;oid=123367319&amp;loc=SL114868664-224227<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentIncomeNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
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</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MarketableSecuritiesUnrealizedGainLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of unrealized gain (loss) on investment in marketable security.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(7)(c))<br> -URI http://asc.fasb.org/extlink&amp;oid=123367319&amp;loc=SL114868664-224227<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MarketableSecuritiesUnrealizedGainLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 220<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=120399700&amp;loc=SL114874048-224260<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 32<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=123359005&amp;loc=d3e8933-108599<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 250<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -URI 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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.7)<br> -URI http://asc.fasb.org/extlink&amp;oid=123367319&amp;loc=SL114868664-224227<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingCostsAndExpenses</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingExpensesAbstract</td>
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<td><strong> Balance Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The net result for the period of deducting operating expenses from operating revenues.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingIncomeLoss</td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeaseLeaseIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of operating lease income from lease payments and variable lease payments paid and payable to lessor. Includes, but is not limited to, variable lease payments not included in measurement of lease receivable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 50<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=124258985&amp;loc=SL77919372-209981<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 45<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=123420820&amp;loc=SL77919311-209978<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 270<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6A<br> -URI http://asc.fasb.org/extlink&amp;oid=124502072&amp;loc=SL77927221-108306<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeaseLeaseIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Revenues">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 22<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123359005&amp;loc=d3e8736-108599<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=114001798&amp;loc=d3e33918-111571<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (f)<br> -URI 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FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 40<br> -URI http://asc.fasb.org/extlink&amp;oid=123359005&amp;loc=d3e9031-108599<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(4)(i))<br> -URI http://asc.fasb.org/extlink&amp;oid=124359900&amp;loc=SL124442526-122756<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(4)(i))<br> -URI http://asc.fasb.org/extlink&amp;oid=124359900&amp;loc=SL124442552-122756<br><br>Reference 13: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 30<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123359005&amp;loc=d3e8906-108599<br><br>Reference 14: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1B<br> -Subparagraph (SX 210.13-02(a)(5))<br> -URI http://asc.fasb.org/extlink&amp;oid=124359900&amp;loc=SL124442552-122756<br><br>Reference 15: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 41<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123359005&amp;loc=d3e9038-108599<br><br>Reference 16: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1A<br> -Subparagraph (SX 210.13-01(a)(4)(iii)(A))<br> -URI 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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Revenues</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RevenuesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RevenuesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=124432515&amp;loc=d3e3550-109257<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=125511455&amp;loc=d3e1448-109256<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfSharesOutstandingBasic</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143343579720">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)<br></strong></div></th>
<th class="th"><div>Common Stock [Member]</div></th>
<th class="th"><div>Additional Paid In Capital [Member]</div></th>
<th class="th"><div>Retained Earnings [Member]</div></th>
<th class="th"><div>Common Stock Held in Treasury [Member]</div></th>
<th class="th"><div>Total</div></th>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Balance at Jul. 31, 2019</a></td>
<td class="nump">$ 2,178,297<span></span>
</td>
<td class="nump">$ 3,346,245<span></span>
</td>
<td class="nump">$ 50,371,323<span></span>
</td>
<td class="num">$ (1,287,852)<span></span>
</td>
<td class="nump">$ 54,608,013<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(906,005)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(906,005)<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Balance at Jul. 31, 2020</a></td>
<td class="nump">2,178,297<span></span>
</td>
<td class="nump">3,346,245<span></span>
</td>
<td class="nump">49,465,318<span></span>
</td>
<td class="num">(1,287,852)<span></span>
</td>
<td class="nump">53,702,008<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">398,032<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">398,032<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Balance at Jul. 31, 2021</a></td>
<td class="nump">$ 2,178,297<span></span>
</td>
<td class="nump">$ 3,346,245<span></span>
</td>
<td class="nump">$ 49,863,350<span></span>
</td>
<td class="num">$ (1,287,852)<span></span>
</td>
<td class="nump">$ 54,100,040<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 220<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=120399700&amp;loc=SL114874048-224260<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 32<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=123359005&amp;loc=d3e8933-108599<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 250<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -URI 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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(g)(1)(ii))<br> -URI http://asc.fasb.org/extlink&amp;oid=120395691&amp;loc=d3e23780-122690<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 852<br> -SubTopic 10<br> -Section 55<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=84165509&amp;loc=d3e56426-112766<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SAB Topic 4.E)<br> -URI http://asc.fasb.org/extlink&amp;oid=122038336&amp;loc=d3e74512-122707<br><br>Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(31))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(29))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(30))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 28<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=123596393&amp;loc=d3e14064-108612<br><br>Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 323<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=114001798&amp;loc=d3e33918-111571<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockholdersEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143268959304">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract', window );"><strong>Cash Flows From Operating Activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
<td class="nump">$ 398,032<span></span>
</td>
<td class="num">$ (906,005)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract', window );"><strong>Adjustments to reconcile net income (loss) to net cash provided by operating activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_IncreaseDecreaseBadDebtExpense', window );">Bad debt expense</a></td>
<td class="nump">236,000<span></span>
</td>
<td class="nump">255,060<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes', window );">Provision (Benefit) for deferred income tax</a></td>
<td class="num">(159,000)<span></span>
</td>
<td class="num">(355,000)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnSaleOfPropertyPlantEquipment', window );">Disposition of property and equipment</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">40,992<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainLossOnInvestments', window );">Net realized and unrealized (gain) on sale of marketable securities</a></td>
<td class="num">(519,909)<span></span>
</td>
<td class="num">(63,918)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherDepreciationAndAmortization', window );">Depreciation</a></td>
<td class="nump">1,785,468<span></span>
</td>
<td class="nump">1,661,280<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AmortizationOfDeferredCharges', window );">Amortization of deferred charges</a></td>
<td class="nump">385,967<span></span>
</td>
<td class="nump">297,887<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_OperatingLeaseExpenseInExcessOfCashPayments', window );">Operating lease expense in excess of cash payments</a></td>
<td class="nump">1,306,833<span></span>
</td>
<td class="nump">1,209,357<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AmortizationOfFinancingCosts', window );">Deferred finance costs included in interest expense</a></td>
<td class="nump">38,112<span></span>
</td>
<td class="nump">31,991<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainsLossesOnExtinguishmentOfDebt', window );">Extinguishment of debt</a></td>
<td class="num">(722,726)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInDeferredCharges', window );">Deferred charges</a></td>
<td class="num">(1,138,562)<span></span>
</td>
<td class="num">(708,713)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInOtherOperatingAssetsAndLiabilitiesNetAbstract', window );"><strong>Changes in Operating Assets and Liabilities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInReceivables', window );">Receivables</a></td>
<td class="num">(432,823)<span></span>
</td>
<td class="num">(394,708)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets', window );">Prepaids and other assets</a></td>
<td class="nump">4,855<span></span>
</td>
<td class="num">(229,881)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities', window );">Accounts payable and accrued expenses</a></td>
<td class="num">(138,635)<span></span>
</td>
<td class="nump">805,160<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInSecurityDeposits', window );">Security deposits payable</a></td>
<td class="nump">24,818<span></span>
</td>
<td class="num">(72,963)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivities', window );">Net cash provided by operating activities</a></td>
<td class="nump">1,068,430<span></span>
</td>
<td class="nump">1,570,539<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract', window );"><strong>Cash Flows From Investing Activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment', window );">Acquisition of property and equipment</a></td>
<td class="num">(2,253,933)<span></span>
</td>
<td class="num">(6,361,240)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract', window );"><strong>Marketable securities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities', window );">Receipts from sales</a></td>
<td class="nump">960,597<span></span>
</td>
<td class="nump">621,161<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireMarketableSecurities', window );">Payments for purchases</a></td>
<td class="num">(596,876)<span></span>
</td>
<td class="num">(721,921)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivities', window );">Net cash (used) in investing activities</a></td>
<td class="num">(1,890,212)<span></span>
</td>
<td class="num">(6,462,000)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract', window );"><strong>Cash Flows From Financing Activities:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromIssuanceOfLongTermDebt', window );">Proceeds from borrowings - mortgage and other debt</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">4,866,806<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfLongTermDebt', window );">Payments - mortgages</a></td>
<td class="num">(1,147,300)<span></span>
</td>
<td class="num">(603,068)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsOfLoanCosts', window );">Mortgage financing costs paid</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(232,200)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivities', window );">Net cash (used) provided by financing activities</a></td>
<td class="num">(1,147,300)<span></span>
</td>
<td class="nump">4,031,538<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect', window );">Net decrease in cash, cash equivalents and restricted cash</a></td>
<td class="num">(1,969,082)<span></span>
</td>
<td class="num">(859,923)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents', window );">Cash, cash equivalents and restricted cash at beginning of year</a></td>
<td class="nump">4,403,801<span></span>
</td>
<td class="nump">5,263,724<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents', window );">Cash, cash equivalents and restricted cash at end of year</a></td>
<td class="nump">$ 2,434,719<span></span>
</td>
<td class="nump">$ 4,403,801<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_IncreaseDecreaseBadDebtExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Bad debt expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_IncreaseDecreaseBadDebtExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_OperatingLeaseExpenseInExcessOfCashPayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Operating lease expense in excess of cash payments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_OperatingLeaseExpenseInExcessOfCashPayments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AmortizationOfDeferredCharges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of amortization of deferred charges applied against earnings during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.3)<br> -URI http://asc.fasb.org/extlink&amp;oid=123367319&amp;loc=SL114868664-224227<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AmortizationOfDeferredCharges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AmortizationOfFinancingCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of amortization expense attributable to debt issuance costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3602-108585<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(8))<br> -URI http://asc.fasb.org/extlink&amp;oid=123367319&amp;loc=SL114868664-224227<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1F<br> -Subparagraph (b)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495355-112611<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 45<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=124435984&amp;loc=d3e28555-108399<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AmortizationOfFinancingCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage. Excludes amount for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3521-108585<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3044-108585<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=123431023&amp;loc=SL98516268-108586<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase (decrease) in cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; excluding effect from exchange rate change. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 830<br> -SubTopic 230<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=123444420&amp;loc=d3e33268-110906<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3521-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainLossOnInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of realized and unrealized gain (loss) on investment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 10<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=123581744&amp;loc=d3e27405-111563<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.7(c),9(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=123367319&amp;loc=SL114868664-224227<br><br>Reference 3: http://www.xbrl.org/2003/role/recommendedDisclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GainLossOnInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainLossOnSaleOfPropertyPlantEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of gain (loss) on sale or disposal of property, plant and equipment assets, including oil and gas property and timber property.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GainLossOnSaleOfPropertyPlantEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GainsLossesOnExtinguishmentOfDebt">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 50<br> -Section 40<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=123467658&amp;loc=d3e12355-112629<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 50<br> -Section 40<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=123467658&amp;loc=d3e12317-112629<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_GainsLossesOnExtinguishmentOfDebt</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInDeferredCharges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) during the reporting period in the value of expenditures made during the current reporting period for benefits that will be received over a period of years. Deferred charges differ from prepaid expenses in that they usually extend over a long period of time and may or may not be regularly recurring costs of operation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInDeferredCharges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInDeferredIncomeTaxes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) during the reporting period in the account that represents the temporary difference that results from Income or Loss that is recognized for accounting purposes but not for tax purposes and vice versa.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInDeferredIncomeTaxes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInOtherOperatingAssetsAndLiabilitiesNetAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInOtherOperatingAssetsAndLiabilitiesNetAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase (decrease) in prepaid expenses, and assets classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) during the reporting period in the total amount due within one year (or one operating cycle) from all parties, associated with underlying transactions that are classified as operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInSecurityDeposits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) during the reporting period in security deposits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInSecurityDeposits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3521-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3521-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 25<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3536-108585<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3521-108585<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 220<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=120399700&amp;loc=SL114874048-224260<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 32<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=123359005&amp;loc=d3e8933-108599<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 250<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -URI 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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NetIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherDepreciationAndAmortization">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of expense charged against earnings to allocate the cost of tangible and intangible assets over their remaining economic lives, classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3602-108585<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.3)<br> -URI http://asc.fasb.org/extlink&amp;oid=123367319&amp;loc=SL114868664-224227<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OtherDepreciationAndAmortization</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsOfLoanCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for loan origination associated cost which is usually collected through escrow.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3291-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash outflow for purchase of marketable security.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 11<br> -URI http://asc.fasb.org/extlink&amp;oid=124260329&amp;loc=d3e26853-111562<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 13<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3213-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 14<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3255-108585<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow associated with the aggregate amount received by the entity through sale or maturity of marketable securities  (held-to-maturity or available-for-sale) during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 15<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3291-108585<br></p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143340259000">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountingPoliciesAbstract', window );"><strong>Accounting Policies [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SignificantAccountingPoliciesTextBlock', window );">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</a></td>
<td class="text"><p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman"><b>1.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:</b></font></p>
<p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman"><b>Organization</b></font></p>
<p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman">J.W. Mays, Inc. (the &#8220;Company&#8221; or &#8220;Registrant&#8221;) with executive offices at 9 Bond Street, Brooklyn, New York 11201, operates a number of commercial real estate properties in New York and one building in Ohio. The Company&#8217;s business was founded in 1924 and incorporated under the laws of the State of New York on July 6, 1927.</font></p>
<p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman"><b>Principles
of Consolidation</b></font></p>
<p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman">The consolidated financial statements include the accounts of the Company, a New York corporation and its subsidiaries (J. W. M. Realty Corp. and Dutchess Mall Sewage Plant, Inc.), which are wholly-owned. Material intercompany items have been eliminated in consolidation.</font></p>
<p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman"><b>The
Impact of COVID-19 on Our Results and Operations</b></font></p>
<p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman; word-spacing: -0.1pt; letter-spacing: -0.1pt">In late 2019, an outbreak of COVID-19 emerged and by March 11, 2020 was declared a global pandemic by The World Health Organization. Throughout the United States and locally, governments and municipalities instituted measures in an effort to control the spread of COVID-19, including quarantines, shelter-in-place orders, school closings, travel restrictions and the closure of non-essential businesses. By the end of March 2020, the economic impacts became significant for the remainder of the year ended July 31, 2020.</font></p>
<p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman; word-spacing: -0.1pt; letter-spacing: -0.1pt">Beginning March 2020 and continuing through July 2021, we experienced an increase in late payments due to the impact of COVID-19 and the related reductions in economic activity from government mandated business disruptions and shelter -in- place orders. The effects of COVID-19 on our tenants have been reflected in our allowance for credit losses for accounts receivable. In limited circumstances, we have agreed to rent abatements and deferrals for certain tenants. We also continue to experience volatility in the valuation of our equity investments through July 31, 2021.</font></p>
<p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman; word-spacing: -0.1pt; letter-spacing: -0.1pt">Looking ahead, the full impact of COVID-19 on our business is unknown and highly unpredictable. Our past results may not be indicative of our future performance and historical trends in revenues, income from operations, net income, earnings per share, cash provided by operating activities, among others, may differ materially. For example, to the extent the pandemic continues to disrupt economic activity nationally and in New York, NY, like other businesses, it could adversely affect our business operations and financial results through prolonged decreases in revenue, credit deterioration of our tenants, depressed economic activity, or declines in capital markets. In addition, many of our expenses are less variable in nature and may not correlate to changes in revenues. The extent of the impact will depend on a number of factors, including the duration and severity of the pandemic; distribution of vaccines; and the macroeconomic impact of government measures to contain the spread of the virus and related government stimulus measures.</font></p>
<p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman"><b>Use
of Estimates</b></font></p>
<p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman; word-spacing: -0.1pt; letter-spacing: -0.1pt">The accounting records are maintained in accordance with accounting principles generally accepted in the United States of America (&#8220;GAAP&#8221;). The preparation of the Company&#8217;s financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, the disclosure of contingent assets and liabilities, incremental borrowing rates and recognition of renewal options for operating lease right-of-use assets and liabilities, and the reported amounts of revenues and expenses during the reporting period. The estimates that we make include allowance for doubtful accounts, depreciation, impairment analysis of long-lived assets, income tax assets and liabilities, fair value of marketable securities and revenue recognition. Estimates are based on historical experience where applicable or other assumptions that management believes are reasonable under the circumstances. Due to the inherent uncertainty involved in making estimates, actual results may differ from those estimates under different assumptions or conditions.</font></p>
<p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman">As of July 31, 2021, the impact of COVID-19 continues to evolve. As a result, many of our estimates and assumptions required increased judgment and carry a higher degree of variability and volatility. As additional information becomes available, our estimates may change materially in future periods.</font></p>
<p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman"><b>Restricted
Cash</b></font></p>
<p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman">Restricted cash primarily consists of cash held in bank accounts for tenant security deposits and other amounts required under certain loan agreements.</font></p>

<p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Marketable Securities</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The Company&#8217;s marketable securities consist of investments in equity securities. Dividends and interest income are accrued as earned. Realized gains and losses are determined on a specific identification basis. The Company reviews marketable securities for impairment whenever circumstances and situations change such that there is an indication that the carrying amounts may not be recovered. The changes in the fair value of these securities are recognized in current period earnings in accordance with ASC 825.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The Company follows GAAP which establishes a fair value hierarchy that prioritizes the valuation techniques and creates the following three broad levels, with Level 1 valuation being the highest priority:</font></p>
<p style="margin-left: 15pt; text-align: justify"><font style="font: x-small Times New Roman"><b>Level 1 valuation
</b>inputs are quoted market prices in active markets for identical assets or liabilities that are accessible at the measurement date
(e.g., equity securities traded on the New York Stock Exchange).</font></p>
<p style="margin-left: 15pt; text-align: justify"><font style="font: x-small Times New Roman"><b>Level 2 valuation
</b>inputs are from other than quoted market prices included in Level 1 that are observable for the asset or liability, either directly
or indirectly (e.g., quoted market prices of similar assets or liabilities in active markets, or quoted market prices for identical or
similar assets or liabilities in markets that are not active).</font></p>
<p style="margin-left: 15pt; text-align: justify"><font style="font: x-small Times New Roman"><b>Level 3 valuation
</b>inputs are unobservable (e.g., an entity&#8217;s own data) and should be used to measure fair value to the extent that observable
inputs are not available.</font></p>
<p style="margin-left: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Following is a description of the valuation methodologies used for assets measured at fair value on a recurring basis. There have been no changes in the methodologies used at July 31, 2021 and 2020.</font></p>
<p style="margin-left: 15pt; text-align: justify"><font style="font: x-small Times New Roman"><b>Equity securities
</b>are valued at the closing price reported on the active market on which the individual securities are traded that the Company has
access to.</font></p>
<p style="margin-left: 15pt; text-align: justify"><font style="font: x-small Times New Roman"><b>Mutual funds </b>are
valued at the daily closing price as reported by the fund. Mutual funds held by the Company are open-end mutual funds that are registered
with the U.S. Securities and Exchange Commission. These funds are required to publish their daily net asset value (&#8220;NAV&#8221;)
and to transact at that price. The mutual funds held by the Company are deemed to be actively traded.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">In accordance with the provisions of Fair Value Measurements, the following are the Company&#8217;s financial assets measured on a recurring basis presented at fair value.</font></p>
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   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>July
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   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Level
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   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Level
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   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Level
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   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>July
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   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Level
   1</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Level
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   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Level
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   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
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   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 76%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Marketable securities</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,901,093</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">3,901,093</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#8211;&#160;&#160;&#160;&#160;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#8211;&#160;&#160;&#160;&#160;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,744,905</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">3,744,905</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#8211;&#160;&#160;&#160;&#160;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#8211;&#160;&#160;&#160;&#160;</font></td></tr></table>

<p style="text-align: justify"><b><font style="font: x-small Times New Roman">&#160;</font></b></p>

<p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Accounts Receivable</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Generally, rent is due from tenants at the beginning of the month in accordance with terms of each lease. Based upon its periodic assessment of the quality of the receivables, management uses its historical knowledge of the tenants and industry experience to determine whether a reserve or write-off is required. The Company uses specific identification to write-off receivables to bad debt expense in the period when issues of collectibility become known. Collectibility issues include late rent payments, circumstances when a tenant indicates their intention to vacate the property without paying, or when tenant litigation or bankruptcy proceedings are not expected to result in full payment. Management also assesses collectibility by reviewing accounts receivable on an aggregate basis where similar characteristics exist. In determining the amount of the allowance for credit losses, the Company considers past due status and a tenant&#8217;s payment history. We also consider current market conditions and reasonable and supportable forecasts of future economic conditions. Our assessment considers business and market disruptions caused by COVID-19. The continued volatility in market conditions and evolving shifts in credit trends are difficult to predict causing variability and volatility that may have a material impact on our allowance for uncollectible accounts receivables in future periods.</font></p>


<p style="text-indent: 15pt; text-align: justify; margin-bottom: 10pt"><font style="font: x-small Times New Roman">Primarily because of the effects of COVID-19, the Company recorded an allowance for uncollectible receivables as of July 31, 2021 and 2020 in the amount of $318,000 and $82,000, respectively, as an offset to receivables.</font></p>
<p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman">Activity in the allowance for uncollectible receivables for each period follows:</font></p>
<div align="center">
<table cellspacing="0" cellpadding="0" border="0" style="width: 80%; line-height: 14pt; border-collapse: collapse">

<tr style="vertical-align: bottom">
   <td style="width: 77%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="6" style="width: 10%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Allowance
   for</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 3%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 3%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 77%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="6" style="width: 10%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Uncollectible</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 3%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 3%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 77%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="6" style="border-bottom: #000000 1pt solid; width: 10%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Accounts
   Receivable</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="5" style="border-bottom: #000000 1pt solid; width: 9%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Bad
   Debt Expense</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 77%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="6" style="border-bottom: #000000 1pt solid; width: 10%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Period
   Ended July 31</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="5" style="border-bottom: #000000 1pt solid; width: 9%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Period
   Ended July 31</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 77%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 77%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Beginning balance </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">82,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8211;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8211;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8211;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 77%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Charge-offs </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">254,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">423,232</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">236,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">596,292</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 77%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Recoveries</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(18,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(91,840</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8211;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(91,840</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 77%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Rent Abatements reclassified to reduce rental income </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8211;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(249,392</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8211;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(249,392</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 77%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Ending Balance</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">318,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">82,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">236,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">255,060</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr></table></div>

<p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman"><b>Property
and Equipment</b></font></p>
<p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman">Property and equipment are stated at cost. Depreciation is calculated using the straight-line method and the declining-balance method. Amortization of improvements to leased property is calculated over the life of the lease. Lives used to determine depreciation and amortization are generally as follows:</font></p>
<div align="center">
<table cellspacing="0" cellpadding="0" border="0" style="width: 60%; line-height: 14pt; border-collapse: collapse">

<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 96%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Buildings and improvements </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">18-40 years</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 96%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Improvements to leased property </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3-10 years</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 96%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Fixtures and equipment </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7-12 years</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 96%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Other </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3-5 years</font></td></tr></table></div>

<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">&#160;Maintenance, repairs,
renewals and improvements of a non-permanent nature are charged to expense when incurred. Expenditures for additions and major renewals
or improvements are capitalized along with the associated interest cost during construction. The cost of assets sold or retired, and
the accumulated depreciation or amortization thereon are eliminated from the respective accounts in the year of disposal, and the resulting
gain or loss is credited or charged to income. Capitalized interest is recorded as part of the asset to which it relates and is amortized
over the asset&#8217;s estimated useful life.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Company renovations at its Fishkill, New York building aggregated $1,194,351 and $5,382,193 for the years ended July 31, 2021 and 2020, respectively, primarily related to tenant improvements for space leased to a community college, new elevators, lobbies, and a fa&#231;ade.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Company renovations at its Jowein building in Brooklyn, New York aggregated $673,867 and $221,442 for the years ended July 31, 2021 and 2020, respectively, primarily related to roof work, new tenant improvements and an elevator upgrade.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Stairwell and sidewalk upgrades at the Company&#8217;s Jamaica, New York building aggregated $241,241 for the year ended July 31, 2021. Elevator upgrade work and new tenant improvements for the year ended July 31, 2020 at the Company&#8217;s Jamaica building were $443,881.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Elevator upgrades aggregated $289,699 for the year ended July 31, 2020 at the Company&#8217;s 9 Bond Street building in Brooklyn, New York.</font></p>
<p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Impairment</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The Company reviews property and equipment and related lease intangibles for possible impairment when certain events or changes in circumstances indicate the carrying amount of the asset may not be recoverable though operations plus estimated disposition proceeds. Events or changes in circumstances that may occur include, but are not limited to, significant changes in real estate market conditions, estimated residual values, and an expectation to sell assets before the end of the previously estimated life. Impairments are measured to the extent the current book value exceeds the estimated fair value of the asset less disposition costs for any assets classified as held for sale. As of July 31, 2021 and 2020, the Company has determined there was no impairment of its property and equipment.</font></p>


<p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Deferred Charges</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Deferred charges consist principally of costs incurred in connection with the leasing of property to tenants. Such costs are amortized over the related lease periods, ranging from 1 to 21 years, using the straight-line method. If a lease is terminated early, such costs are expensed.</font></p>
<p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Leases &#8211; Lessor Revenue</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The Company accounts for revenue in accordance with Accounting Standards Update (ASU) 2014-09 (Topic 606) Revenue from Contracts with Customers. Rental income is recognized from tenants under executed leases no later than on an established date or on an earlier date if the tenant should commence conducting business. Unbilled receivables are included in accounts receivable and represent the excess of scheduled rental income recognized on a straight-line basis over rental income as it becomes receivable according to the provisions of the lease. The effect of lease modifications that result in rent relief or other credits to tenants, including any retroactive effects relating to prior periods, are recognized in the period when the lease modification is signed. At the time of the lease modification, we assess the realizability of any accrued but unpaid rent and amounts that had been recognized as revenue in prior periods. As lessor, we have elected to combine the lease components (base rent), non-lease components (reimbursements of common area maintenance expenses) and reimbursements of real estate taxes and account for the components as a single lease component in accordance with ASC 842. If the amounts are not determined to be realizable, the accrued but unpaid rent is written off. Accounts receivable are recognized in accordance with lease agreements at its net realizable value. Rental payments received in advance are deferred until earned.</font></p>
<p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Leases &#8211; Lessee</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The Company determines if an arrangement is a lease at inception. With the adoption of ASC 842, operating leases are included in operating lease right-of-use assets and operating lease liabilities on the Company&#8217;s balance sheet.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Operating lease right-of-use assets represent the Company&#8217;s right to use an underlying asset for the lease term and lease liabilities represent the Company&#8217;s obligation to make payments arising from the lease. Operating lease right-of-use assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. As the Company&#8217;s leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. The Company&#8217;s lease terms may include options to extend or terminate the lease when it is reasonably certain the Company will exercise that option. Lease expense for lease payments is recognized on a straight-line basis over the lease term.</font></p>
<p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Taxes</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Deferred income taxes are provided for the temporary differences between the financial reporting basis and the tax basis of the Company&#8217;s assets and liabilities. Deferred tax assets result principally from the recording of certain accruals, reserves and net operating loss carry forwards which currently are not deductible for tax purposes. Deferred tax liabilities result principally from temporary differences in the recognition of unrealized gains and losses from certain investments and from the use, for tax purposes, of accelerated depreciation. Deferred tax assets and liabilities are offset for each jurisdiction and are presented net on the balance sheet.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The effect on deferred income taxes of a change in tax rates is recognized in income in the period that includes the enactment date. Actual income taxes could vary from these estimates due to future changes in income tax law or results from the final review of tax returns by federal, state or city tax authorities. Financial statement effects on tax positions are recognized in the period in which it is more likely than not that the position will be sustained upon examination, the position is effectively settled or when the statute of limitations to challenge the position has expired. Interest and penalties, if any, related to unrecognized tax benefits are recorded as interest expense and administrative and general expenses, respectively.</font></p>
<p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Income Per Share of Common Stock</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Income per share has been computed by dividing net income for the year by the weighted average number of shares of common stock outstanding during the year, adjusted for the purchase of treasury stock. Shares used in computing income per share were 2,015,780 in fiscal years 2021 and 2020.</font></p>
<p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Reclassification</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">As of July 31, 2020, the Company changed its balance sheet presentation from classified to unclassified to more generally conform with norms in the real estate industry. Many of the reclassifications relate to this change in presentation and had no effect on net income or loss.</font></p>


<p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Recently adopted accounting standards:</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">In February 2016, the FASB issued ASU 2016-02, &#8220;Leases.&#8221; ASU 2016-02 is intended to increase transparency and comparability among organizations in accounting for leasing arrangements. This guidance establishes a right-of-use model that requires a lessee to record a right-of-use asset and a lease liability on the balance sheet for all leases with terms longer than twelve months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. Lessees and lessors are required to disclose qualitative and quantitative information about leasing arrangements to enable a user of the financial statements to assess the amount, timing and uncertainty of cash flows arising from leases.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">In July 2018, the FASB issued ASU No. 2018-10, &#8220;Codification Improvements to Topic 842&#8221;, which provides amendments and clarification to ASU 2016-12 based on the FASB&#8217;s interaction with stakeholders. In July 2018, the FASB issued ASU No. 2018-11 &#8220;Leases (Topic 842): Targeted Improvements&#8221;, which amends Leases (Topic 842) to (i) add an optional transition method that would permit entities to apply the new requirements by recognizing a cumulative-effect adjustment to the opening balance of retained earnings in the year of adoption, and (ii) provide a practical expedient for lessors regarding the separation of the lease and non-lease components of a contract. In December 2018, the FASB issued ASU No. 2018-20, &#8220;Leases (Topic 842) Narrow-Scope Improvement for Lessors,&#8221; which clarifies how to apply the leases standard when accounting for sales taxes and other similar taxes collected from lessees, certain lessor costs, and recognition of variable payments for contracts with lease and non-lease components. In March 2019, the FASB issued ASU 2019-01, &#8220;Leases (Topic 842) Codification Improvements&#8221;, which provides amendments for issues brought to the Board&#8217;s attention through its interactions with stakeholders. The issues identified are as follows: (1) Determining the fair value of the underlying asset by lessors that are not manufacturers or dealers, (2) Presentation on the statement of cash flows-sales-type and direct financing leases, and (3) Transition disclosures related to Topic 250, Accounting Changes and Error Corrections. These standards are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The new standards were adopted by the Company for the fiscal year beginning August 1, 2019. Upon adoption of Topic 842, the Company elected the following practical expedients:</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: normal; border-collapse: collapse; width: 100%">

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   <td style="vertical-align: top; width: 1%; white-space: nowrap; text-align: right; padding-right: 8pt; padding-left: 15pt"><font style="font: x-small Times New Roman">1. </font></td>
   <td style="vertical-align: top; width: 99%; text-align: left; text-align: justify"><font style="font: x-small Times New Roman">The Company applied the optional transition method of recognizing a cumulative-effect adjustment to the opening balance of retained earnings in the initial period of adoption. Upon adoption on August 1, 2019, the Company did not have an adjustment to opening retained earnings.</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="vertical-align: top; width: 1%; white-space: nowrap; text-align: right; padding-right: 8pt; padding-left: 15pt"></td>
   <td style="vertical-align: top; width: 99%; text-align: left; text-align: justify">&#160;&#160;</td></tr>
<tr style="vertical-align: bottom">
   <td style="vertical-align: top; width: 1%; white-space: nowrap; text-align: right; padding-right: 8pt; padding-left: 15pt"><font style="font: x-small Times New Roman">2. </font></td>
   <td style="vertical-align: top; width: 99%; text-align: left; text-align: justify"><font style="font: x-small Times New Roman">As lessee and lessor, the Company has elected not to reassess lease classifications and all leases will continue to be classified as operating leases under the new standard.</font></td></tr></table>

<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">As a result of the adoption of the new lease accounting guidance, the Company recognized on August 1, 2019:</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 10pt Times New Roman; text-align: justify; width: 100%">

<tr>
   <td style="padding-left: 15pt; padding-right: 8pt; vertical-align: top; width: 1%"><font style="font-size: 9.5pt">&#9679;</font></td>
   <td style="vertical-align: top; width: 99%; text-align: justify">Operating lease right-of-use assets of $27.1 million.</td></tr>
<tr>
   <td style="vertical-align: top; width: 1%"><font style="font-size: 9.5pt"></font></td>
   <td style="vertical-align: top; width: 99%; text-align: justify">&#160;</td></tr>
<tr>
   <td style="padding-left: 15pt; padding-right: 8pt; vertical-align: top; width: 1%"><font style="font-size: 9.5pt">&#9679;</font></td>
   <td style="vertical-align: top; width: 99%; text-align: justify">Operating lease liabilities of approximately $17.9 million, based on the net present value of remaining minimum rental payments, discounted using the Company&#8217;s incremental borrowing rate of 3.88%.</td></tr>
<tr>
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   <td style="vertical-align: top; width: 99%; text-align: justify">&#160;</td></tr>
<tr>
   <td style="padding-left: 15pt; padding-right: 8pt; vertical-align: top; width: 1%"><font style="font-size: 9.5pt">&#9679;</font></td>
   <td style="vertical-align: top; width: 99%; text-align: justify">The initial recording of operating lease right-of-use assets of $27.1 million includes adjustments of approximately $10.2 million primarily relating to building and improvements, net of accumulated depreciation, required pursuant to a ground lease with an affiliate, principally owned by a director of the Company (&#8220;landlord&#8221;). Upon lease termination in 2030, the building and all improvements will be turned over to the landlord as property owner.</td></tr>
<tr>
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   <td style="vertical-align: top; width: 99%; text-align: justify">&#160;</td></tr>
<tr>
   <td style="padding-left: 15pt; padding-right: 8pt; vertical-align: top; width: 1%"><font style="font-size: 9.5pt">&#9679;</font></td>
   <td style="vertical-align: top; width: 99%; text-align: justify">The initial operating lease liability of $17.9 million includes an adjustment of remaining accrued rent of approximately $.95 million.</td></tr>
<tr>
   <td style="vertical-align: top; width: 1%"><font style="font-size: 9.5pt"></font></td>
   <td style="vertical-align: top; width: 99%; text-align: justify">&#160;</td></tr>
<tr>
   <td style="padding-left: 15pt; padding-right: 8pt; vertical-align: top; width: 1%"><font style="font-size: 9.5pt">&#9679;</font></td>
   <td style="vertical-align: top; width: 99%; text-align: justify">The Company&#8217;s lessor accounting remains similar under Topic 842 but updated to align with certain changes to the lessee model and the new revenue recognition standard (ASU 2014-09). Upon adoption of the lease standards on August 1, 2019, changes in accounting for the Company&#8217;s lease revenue as lessor were not significant.</td></tr></table>
<p style="text-indent: 15pt; text-align: justify">&#160;<font style="font: x-small Times New Roman">In April 2020,
the FASB issued a Staff Q&#38;A on accounting for leases during the COVID-19 pandemic, focused on the application of lease guidance in
ASC Topic 842, Leases (&#8220;ASC 842&#8221;). The Q&#38;A states that it would be acceptable to make a policy election regarding rent
concessions resulting from COVID-19, which would not require entities to account for these rent concessions as lease modifications under
certain conditions. Entities making the election will continue to recognize rental revenue on a straight-line basis for qualifying concessions.
Rent abatements would be recognized as reductions to revenue during the period in which they were granted. Rent deferrals would result
in an increase to accounts receivable during the deferral period with no impact on rental revenue recognition. The Company elected this
policy for the year ended July 31, 2020. Rent abatements and deferrals resulting from COVID-19 aggregated $22,628 and $245,000 for the
year ending July 31, 2021 and $433,517 and $459,429, for the year ending July 31, 2020, respectively.</font></p><span></span>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143340213288">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>MARKETABLE SECURITIES<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
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<td class="text"><p style="text-align: justify"><font style="font: x-small Times New Roman"><b>2. MARKETABLE SECURITIES:</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">As of July 31, 2021 and 2020, the Company&#8217;s marketable securities were classified as follows:</font></p>
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   <td colspan="4" style="width: 4%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Gross</b></font></td>
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   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;</b></td>
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   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Gross</b></font></td>
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   <td colspan="4" style="width: 4%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Gross</b></font></td>
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   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Cost</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Gains</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="4" style="border-bottom: Black 1pt solid; width: 4%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Losses</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Value</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; width: 73%; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Available-for-sale:</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 30pt; width: 73%; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Mutual funds</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right; text-align: right"><font style="font: x-small Times New Roman">984,869</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center; text-align: right"><font style="font: x-small Times New Roman">619,972</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#160;&#160;&#160;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#160;&#160;&#160;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center; text-align: right"><font style="font: x-small Times New Roman">1,604,841</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right; text-align: right"><font style="font: x-small Times New Roman">1,077,493</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center; text-align: right"><font style="font: x-small Times New Roman">297,064</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center; text-align: right"><font style="font: x-small Times New Roman">1,374,557</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 30pt; width: 73%; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Corporate equity</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td></tr>
<tr style="vertical-align: bottom">
   <td style="background-color: Silver; padding-left: 45pt; width: 73%; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">securities</font></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,355,961</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">940,291</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td>
   <td style="background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,296,252</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center; background-color: Silver"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,553,275</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">823,010</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td>
   <td style="background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">5,937</font></td>
   <td style="background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,370,348</font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
   <td style="padding-left: 15pt; width: 73%; text-align: left; text-indent: -15pt"></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,340,830</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,560,263</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,901,093</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,630,768</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,120,074</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left; text-align: right"><font style="font: x-small Times New Roman">5,937</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,744,905</font></td></tr></table></div>

<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Investment income for the years ended July 31, 2021 and 2020 consists of the following:</font></p>
<table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 60%">

<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><b><font style="font: xx-small Times New Roman">2021</font></b></td>
   <td style="white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><b><font style="font: xx-small Times New Roman">2020</font></b></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; width: 95%; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Interest income</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">850</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,446</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Dividend income</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">98,915</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">96,569</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Gain on sale of marketable securities</font></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">73,783</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">28,546</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 30pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Total</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">173,548</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">145,561</font></td></tr></table><span></span>
</td>
</tr>
</table>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for  investments in certain debt and equity securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 320<br> -URI http://asc.fasb.org/subtopic&amp;trid=2209399<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 946<br> -SubTopic 320<br> -URI http://asc.fasb.org/subtopic&amp;trid=2324412<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -URI http://asc.fasb.org/topic&amp;trid=2196928<br><br>Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 940<br> -SubTopic 320<br> -URI http://asc.fasb.org/subtopic&amp;trid=2176304<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher SEC<br> -Name Regulation S-K (SK)<br> -Number 229<br> -Section 1403<br> -Paragraph (b)<br></p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143358047736">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>LONG-TERM DEBT-MORTGAGES<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_MortgagesAndTermLoanLongTermDebtDisclosureAbstract', window );"><strong>LONG-TERM DEBT - MORTGAGES AND TERM LOAN [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MortgageNotesPayableDisclosureTextBlock', window );">LONG-TERM DEBT-MORTGAGES</a></td>
<td class="text"><p style="text-align: justify"><font style="font: x-small Times New Roman"><b>3. LONG-TERM DEBT&#8212;MORTGAGES:</b></font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 80%">

<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td colspan="7" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Years
   Ended July 31,</b></font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; width: 89%; text-align: left; text-indent: -15pt"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Current</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Annual</b></font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Final</b></font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Interest</b></font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Payment</b></font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Rate</b></font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Date</b></font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="white-space: nowrap; text-align: center"><b>&#160;</b></td>
   <td style="white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td>
   <td style="white-space: nowrap; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Mortgage:</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 30pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Bond St. land and building, Brooklyn, NY (1)</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4.375%</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">12/1/2024</font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,817,450</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,829,832</font></td>
   <td style="white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 30pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Fishkill land and building (2)</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3.980%</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4/1/2025</font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,832,182</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,967,100</font></td>
   <td style="white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 30pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Deferred financing costs</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(130,855</font></td>
   <td style="vertical-align: top; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(168,967</font></td>
   <td style="vertical-align: top; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 45pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Total</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,518,777</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">8,627,965</font></td>
   <td style="white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt">&#160;</td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td></tr></table>

<table cellspacing="0" cellpadding="0" border="0" style="line-height: normal; border-collapse: collapse; width: 100%">

<tr style="vertical-align: bottom">
   <td style="vertical-align: top; width: 1%; text-align: right; padding-right: 8pt"><font style="font: x-small Times New Roman">(1) </font></td>
   <td style="vertical-align: top; width: 99%; text-align: justify"><font style="font: x-small Times New Roman">In November 2019, the Company refinanced the remaining balance of a $6,000,000, 3.54% interest rate loan with another bank for $5,255,920 plus an additional $144,080 for a total of $5,400,000. The interest rate on the new loan is fixed at 4.375%. The loan is self-liquidating over a period of five years and secured by the Nine Bond Street land and building in Brooklyn, New York.</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="vertical-align: top; text-align: left; padding-right: 8pt"></td>
   <td style="vertical-align: top; text-align: left">&#160;</td></tr>
<tr style="vertical-align: bottom">
   <td style="vertical-align: top; text-align: right; padding-right: 8pt"><font style="font: x-small Times New Roman">(2) </font></td>
   <td style="vertical-align: top; text-align: justify"><font style="font: x-small Times New Roman">In March 2020, the Company obtained a loan with a bank in the amount of $4,000,000 to finance renovations and brokerage commissions relating to space leased to a community college at the Fishkill, New York building. The loan is secured by the Fishkill, New York land and building; amortized over a 20-year period with an interest rate of 3.98% and is due in five years.</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="vertical-align: top; text-align: left; padding-right: 8pt"></td>
   <td style="vertical-align: top; text-align: left">&#160;</td></tr>
<tr style="vertical-align: bottom">
   <td style="vertical-align: top; text-align: left; padding-right: 8pt"></td>
   <td style="vertical-align: top; text-align: left"><font style="font: x-small Times New Roman">Maturities of long-term mortgages outstanding at July 31, 2021 are as follows:</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="vertical-align: top; text-align: left; padding-right: 8pt"></td>
   <td style="vertical-align: top; text-align: left">&#160;</td></tr></table>

<table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 60%">

<tr style="vertical-align: bottom">
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Year
   Ended July 31:</b></font></td>
   <td style="white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="3" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Amount</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 96%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2022</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,198,600</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2023</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,252,196</font></td>
   <td style="white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2024</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,308,071</font></td>
   <td style="white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2025</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,890,765</font></td>
   <td style="white-space: nowrap; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Subtotal</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,649,632</font></td>
   <td style="white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Deferred financing costs</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(130,855</font></td>
   <td style="white-space: nowrap; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Total</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,518,777</font></td>
   <td style="white-space: nowrap; white-space: nowrap; text-align: left"></td></tr></table>

<p style="text-indent: 17pt; text-align: justify"><font style="font: x-small Times New Roman">The carrying value of the property collateralizing the above debt is $33,528,932 at July 31, 2021.</font></p><span></span>
</td>
</tr>
</table>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for mortgage notes payable.</p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143343524728">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>NOTE PAYABLE<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtDisclosureAbstract', window );"><strong>Debt Disclosure [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtDisclosureTextBlock', window );">NOTE PAYABLE</a></td>
<td class="text"><p style="text-align: justify"><font style="font: x-small Times New Roman"><b>4. NOTE PAYABLE:</b></font></p>

<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">In April 2020, the Company obtained a $722,726 loan, with an interest rate of .98% per annum, issued by a bank through the Small Business Administration&#8217;s (&#8220;SBA&#8221;) Paycheck Protection Program (&#8220;PPP&#8221;) under Division A. Title I of the Coronavirus Aid, Relief, and Economic Security Act (&#8220;CARES Act&#8217;&#8217;). On May 26, 2021, the SBA authorized full forgiveness of the Company&#8217;s PPP loan in the amount of $722,726, plus accrued interest. Such proceeds were recorded as a full reduction of the note payable and extinguishment of debt income in the year ending July 31, 2021.</font></p><span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -URI http://asc.fasb.org/topic&amp;trid=2208564<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1B<br> -Subparagraph (h)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495323-112611<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1C<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495334-112611<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1I<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495371-112611<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1I<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495371-112611<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(c))<br> -URI http://asc.fasb.org/extlink&amp;oid=120395691&amp;loc=d3e23780-122690<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1B<br> -Subparagraph (g)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495323-112611<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1C<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495334-112611<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1C<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495334-112611<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1E<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495348-112611<br><br>Reference 11: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1B<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495323-112611<br><br>Reference 12: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1I<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495371-112611<br><br>Reference 13: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1B<br> -Subparagraph (i)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495323-112611<br></p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143340414392">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>OPERATING LEASES<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LeasesAbstract', window );"><strong>Leases [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_OperatingLeasesTextBlock', window );">OPERATING LEASES</a></td>
<td class="text"><p style="text-align: justify"><font style="font: x-small Times New Roman"><b>5. OPERATING LEASES:</b></font></p>
<p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Lessor</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The Company leases office and retail space to tenants under operating leases in commercial buildings. The rental terms range from approximately 5 to 49 years. The leases provide for the payment of fixed base rent payable monthly in advance as well as reimbursements of real estate taxes and common area costs. The Company has elected to account for lease revenues and the reimbursements of common area costs as a single component included as rental income in our consolidated statements of operations.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The following table disaggregates the Company&#8217;s revenues by lease and non-lease components:</font></p>
<table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 80%">

<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Years
   Ended July 31,</b></font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; width: 95%; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Base rent - fixed</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">18,355,925</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">17,392,398</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Reimbursements of common area costs</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">751,618</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">781,119</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Non-lease components (real estate taxes)</font></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,105,336</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,358,329</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Rental income</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,212,879</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">19,531,846</font></td></tr></table>

<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Rental income for each of the fiscal years 2021 and 2020 is as follows:</font></p>
<table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 60%">

<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Years
   Ended July 31,</b></font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; width: 95%; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Minimum rentals</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 30pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Company owned property</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,798,456</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,940,491</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 30pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Leased property</font></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,557,469</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,451,907</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">18,355,925</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">17,392,398</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Contingent rentals</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 30pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Company owned property</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,237,614</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,454,827</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 30pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Leased property</font></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">619,340</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">684,621</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,856,954</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,139,448</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 45pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Total</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,212,879</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">19,531,846</font></td></tr></table>

<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Future minimum non-cancelable rental income for leases with initial or remaining terms of one year or more is as follows:</font></p>
<table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 80%">

<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"></td>
   <td style="white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td colspan="2" style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Company</b></font></td>
   <td style="white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Owned</b></font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Leased</b></font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="border-bottom: Black 1pt solid; padding-left: 15pt; white-space: nowrap; text-align: center; text-indent: -15pt"><font style="font: xx-small Times New Roman"><b>Year
   Ended July 31,</b></font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Property</b></font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Property</b></font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Total</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; width: 90%; white-space: nowrap; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">2022</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,118,307</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,934,146</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">16,052,453</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">2023</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,790,555</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,252,460</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">13,043,015</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">2024</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,779,932</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,968,843</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,748,775</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">2025</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,411,636</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,583,441</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,995,077</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">2026</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,562,590</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,448,958</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,011,548</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">After 2026</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">33,453,204</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,336,769</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">40,789,973</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 30pt; white-space: nowrap; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Total</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">76,116,224</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">23,524,617</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">99,640,841</font></td></tr></table>



<p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Lessee</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The Company&#8217;s real estate operations include leased properties under long-term, non-cancelable operating lease agreements. The leases expire at various dates through 2073, including options to extend or terminate the lease when it is reasonably certain the Company will exercise that option. Certain leases provide for increases in future minimum annual rental payments as defined in the lease agreements.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Effective April 1, 2020, four of the Company&#8217;s property leases were extended. The effect of these lease extensions on the measurement of operating lease right-of-use assets, liabilities and rent expense follows:</font></p>
<table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 80%">

<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"></td>
   <td colspan="2" style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Operating</b></font></td>
   <td style="white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Operating</b></font></td>
   <td style="white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Monthly</b></font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"></td>
   <td colspan="2" style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Lease
   Right-</b></font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Lease</b></font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Rent</b></font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>of-Use-Asset</b></font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Liability</b></font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Expense</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; width: 92%; white-space: nowrap; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Upon initial adoption, August 1, 2019</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">27,104,937</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">17,863,507</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">249,955</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">After various lease extensions through April 30, 2020</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">37,698,819</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">29,326,365</font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">277,570</font></td></tr></table>

<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Operating lease costs for leased real property was exceeded by sublease rental income from the Company&#8217;s real estate operations as follows:</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%">

<tr style="vertical-align: bottom">
   <td style="width: 93%; white-space: nowrap; text-align: left"></td>
   <td colspan="7" style="border-bottom: Black 1pt solid; width: 7%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Years Ended July 31,</b></font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 93%; white-space: nowrap; text-align: left"></td>
   <td colspan="3" style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td>
   <td colspan="3" style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 93%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Sublease income</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,176,809</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,136,528</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 93%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Operating lease cost</font></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(4,767,660</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(4,517,273</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 93%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Excess of sublease income over lease cost</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,409,149</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,619,255</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr></table>

<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">As of July 31, 2021, our operating leases had a weighted average remaining lease term of 17.37 years and a weighted average discount rate of 2.87%.</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%">

<tr style="vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Years
   Ended July 31,</b></font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Other information:</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Operating cash flows from operating leases</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">2,024,246</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">1,931,545</font></td></tr></table>

<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The following is a maturity analysis of the annual undiscounted cash flows of the operating lease liabilities as of July 31, 2021:</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%">

<tr style="vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"></td>
   <td colspan="3" style="width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Operating</b></font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="border-bottom: Black 1pt solid; font: x-small Times New Roman; padding-bottom: 1pt">Year
   ended July 31</font></td>
   <td colspan="3" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Leases</b></font></td></tr>
<tr style="background-color: Silver; vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2022</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,116,363</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2023</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,132,944</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="background-color: Silver; vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2024</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,150,128</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2025</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,167,284</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="background-color: Silver; vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2026</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,223,672</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Thereafter</font></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25,327,631</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="background-color: Silver; vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Total undiscounted cash flows</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">36,118,022</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Less: present value discount</font></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(8,277,092</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="background-color: Silver; vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Total Lease Liabilities</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">27,840,930</font></td></tr></table><span></span>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143336847416">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INCOME TAX<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
<tr class="re">
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<td class="text">&#160;<span></span>
</td>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxDisclosureTextBlock', window );">INCOME TAX</a></td>
<td class="text"><p style="text-align: justify"><font style="font: x-small Times New Roman"><b>6. INCOME TAX:</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Income taxes provided for the years ended July 31, 2021 and 2020 consist of the following:</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%">

<tr style="vertical-align: bottom">
   <td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 15pt; text-indent: -15pt"></td>
   <td colspan="3" style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td>
   <td colspan="3" style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 15pt; text-indent: -15pt"><font style="font: x-small Times New Roman">Current:</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 30pt; text-indent: -15pt"><font style="font: x-small Times New Roman">Federal</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 15pt; text-indent: -15pt"><font style="font: x-small Times New Roman">Deferred taxes (benefit):</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 30pt; text-indent: -15pt"><font style="font: x-small Times New Roman">Federal</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(108,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(247,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 30pt; text-indent: -15pt"><font style="font: x-small Times New Roman">State</font></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(51,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(108,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 15pt; text-indent: -15pt"><font style="font: x-small Times New Roman">Income tax provision (benefit)</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(159,000</font></td>
   <td style="padding-bottom: 1pt; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(355,000</font></td>
   <td style="padding-bottom: 1pt; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr></table>


<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Taxes provided for the years ended July 31, 2021 and 2020 differ from amounts which would result from applying the federal statutory tax rate to pre-tax income, as follows:</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%">

<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 92%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman">2021</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman">2020</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 92%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Income (loss) before income taxes </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">239,032</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(1,261,005</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 92%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Paycheck Protection Program Loan Forgiveness </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(722,726</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 92%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Other-net </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(21,690</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(16,158</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 92%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Adjusted pre-tax income (loss)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(505,384</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(1,277,163</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 92%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Statutory rate </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">21.00</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">21.00</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 92%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Income tax provision (benefit) at statutory rate </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(106,131</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(268,204</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 92%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">State deferred income taxes (benefit)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(51,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(108,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 92%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Other-net </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(1,869</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">21,204</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 92%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Income tax provision (benefit) </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(159,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(355,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr></table>

<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The Company has a federal net operating loss carryforward approximating $10,341,000 and $8,404,000 as of July 31, 2021 and July 31, 2020, respectively, available to offset future taxable income. As of July 31, 2021 and 2020, the Company had unused state and city net operating loss carryforwards of approximately $12,293,000 and $10,526,000, for state, respectively, and $8,274,000 for city, available to offset future taxable income. The net operating loss carryforwards will begin to expire, if not used, in 2035.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">New York State and New York City taxes are calculated using the higher of taxes based on income or the respective capital-based franchise taxes. Beginning with the Company&#8217;s tax year ended July 31, 2016, changes in the law required the state capital-based tax will be phased out over a 7-year period. New York City taxes will be based on capital for the foreseeable future. Capital-based franchise taxes are recorded to administrative and general expense. State tax amounts in excess of the capital-based franchise taxes are recorded to income tax expenses. Due to both the application of the capital-based tax and due to the possible absence of city taxable income, the Company does not record city deferred taxes.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Generally, tax returns filed are subject to audit for three years by the appropriate taxing jurisdictions. The statute of limitations in each of the state jurisdictions in which the Company operates remain open until the years are settled for federal income tax purposes, at which time amended state income tax returns reflecting all federal income tax adjustments are filed. As of July 31, 2021, there were no income tax audits in progress that would have a material impact on the consolidated financial statements.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Significant components of the Company&#8217;s deferred tax assets and liabilities as of July 31, 2021 and 2020 are a result of temporary differences related to the items described as follows:</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%">

<tr style="vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="white-space: nowrap; width: 88%; text-align: left"></td>
   <td style="white-space: nowrap; width: 1%; text-align: left"></td>
   <td colspan="2" style="white-space: nowrap; width: 2%; text-align: center"><font style="font: xx-small Times New Roman"><b>Deferred</b></font></td>
   <td style="white-space: nowrap; width: 1%; text-align: center"></td>
   <td colspan="2" style="white-space: nowrap; width: 2%; text-align: center"><font style="font: xx-small Times New Roman"><b>Deferred</b></font></td>
   <td style="white-space: nowrap; width: 1%; text-align: center"></td>
   <td colspan="2" style="white-space: nowrap; width: 2%; text-align: center"><font style="font: xx-small Times New Roman"><b>Deferred</b></font></td>
   <td style="white-space: nowrap; width: 1%; text-align: center"></td>
   <td colspan="2" style="white-space: nowrap; width: 2%; text-align: center"><font style="font: xx-small Times New Roman"><b>Deferred</b></font></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="white-space: nowrap; width: 88%; text-align: left"></td>
   <td style="white-space: nowrap; width: 1%; text-align: left"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; width: 2%; text-align: center"><font style="font: xx-small Times New Roman"><b>Tax
   Assets</b></font></td>
   <td style="white-space: nowrap; width: 1%; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; width: 2%; text-align: center"><font style="font: xx-small Times New Roman"><b>Tax
   Liabilities</b></font></td>
   <td style="white-space: nowrap; width: 1%; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; width: 2%; text-align: center"><font style="font: xx-small Times New Roman"><b>Tax
   Assets</b></font></td>
   <td style="white-space: nowrap; width: 1%; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; width: 2%; text-align: center"><font style="font: xx-small Times New Roman"><b>Tax
   Liabilities</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Rental income received in advance </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">148,033</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right; vertical-align: bottom"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">175,145</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Anticipated PPP loan expenses to be forgiven </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">199,390</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Operating lease liabilities </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,680,923</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">8,013,099</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Federal net operating loss carryforward </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,171,510</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,764,769</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">State net operating loss carryforward </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">809,951</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">693,541</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Unbilled receivables </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">569,029</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">412,343</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Property and equipment </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,963,194</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,671,246</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Unrealized gain on marketable securities </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">430,455</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">307,375</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Operating lease right-of-use assets</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,536,322</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,229,036</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Other </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">106,583</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">33,056</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,917,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; vertical-align: bottom; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#160;&#160;$</font></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">15,499,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,879,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;$</font></font></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">15,620,000</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Net deferred tax liability</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; vertical-align: bottom; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,582,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,741,000</font></td></tr></table>

<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Management periodically assesses the realization of its net deferred tax assets by evaluating all available evidence, both positive and negative, associated with the Company and determining whether, based on the weight of that associated evidence, a valuation allowance for the deferred tax assets is needed. Based on this analysis, management has determined that it is more likely than not that future taxable income will be sufficient to fully utilize the federal and state deferred tax assets at July 31, 2021.</font></p>


<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Components of the deferred tax provision (benefit) for the years ended July 31, 2021 and 2020 consist of the following:</font></p>
<div align="center">
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 80%">

<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 90%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Book depreciation exceeding (less than) tax depreciation</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">291,723</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(1,691,703</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Increase in reserve for bad debts </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(65,109</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(17,220</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Lease expense per book in excess of cash paid </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(360,537</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,477,725</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Federal net operating loss carryforward </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(406,742</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(924,647</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">State net operating loss carryforward </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(116,410</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(22,687</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Decrease of rental income received in advance </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">27,111</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">39,637</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Anticipated PPP loan expenses to be forgiven </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">199,390</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(199,390</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Increase (decrease) in unbilled receivables </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">156,686</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(47,962</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Other </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">114,888</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">31,247</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 90%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(159,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(355,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr></table></div><span></span>
</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.</p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143340504952">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>EMPLOYEES' RETIREMENT PLANS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CompensationAndRetirementDisclosureAbstract', window );"><strong>Retirement Benefits [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock', window );">EMPLOYEES' RETIREMENT PLANS</a></td>
<td class="text"><p style="text-align: justify"><font style="font: x-small Times New Roman"><b>7. EMPLOYEES&#8217; RETIREMENT PLANS:</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The Company sponsors a non-contributory Money Purchase Plan covering substantially all of its non-union employees. Operations were charged $441,512 and $424,401 as contributions to the Plan for fiscal years 2021 and 2020, respectively.</font></p>
<p style="text-align: justify"></p>
<p style="text-align: justify"><font style="font: x-small Times New Roman"><b>MULTI-EMPLOYER PLAN:</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The Company contributes to a union sponsored multi-employer pension plan covering its union employees. The Company contributions to the pension plan for the years ended July 31, 2021 and 2020 were $64,771 and $59,434, respectively. Contributions and costs are determined in accordance with the provisions of negotiated labor contracts or terms of the plans. The Company also contributes to union sponsored health benefit plans.</font></p>
<p style="text-align: justify"><font style="font: x-small Times New Roman"><b>CONTINGENT LIABILITY FOR PENSION PLANS:</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Information as to the Company&#8217;s portion of accumulated plan benefits and plan assets is not reported separately by the pension plan. Under the Employee Retirement Income Security Act, upon withdrawal from a multi-employer benefit plan, an employer is required to continue to pay its proportionate share of the plan&#8217;s unfunded vested benefits, if any. Any liability under this provision cannot be determined: however, the Company has not made a decision to withdraw from the plan.</font></p>
<p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Information for contributing employer&#8217;s
participation in the multi-employer plan:</b></font></p>
<div align="center">
<table cellspacing="0" cellpadding="0" border="0" style="line-height: normal; border-collapse: collapse; width: 80%">

<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 50%; text-align: left; vertical-align: bottom"></td>
   <td style="vertical-align: top; width: 1%; text-align: left"></td>
   <td style="width: 49%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">United Food and Commercial Workers</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 50%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">Legal name of Plan:</font></td>
   <td style="vertical-align: top; width: 1%; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 49%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">Local 888 Pension Fund</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 50%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">Employer identification number:</font></td>
   <td style="vertical-align: top; width: 1%; text-align: left"></td>
   <td style="width: 49%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">13-6367793</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 50%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">Plan number:</font></td>
   <td style="vertical-align: top; width: 1%; text-align: left"></td>
   <td style="width: 49%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">001</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 50%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">Date of most recent Form 5500:</font></td>
   <td style="vertical-align: top; width: 1%; text-align: left"></td>
   <td style="width: 49%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">December 31, 2019</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 50%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">Certified zone status:</font></td>
   <td style="vertical-align: top; width: 1%; text-align: left"></td>
   <td style="width: 49%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">Critical and declining status</font></td></tr>
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   <td style="width: 50%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">Status determination date:</font></td>
   <td style="vertical-align: top; width: 1%; text-align: left"></td>
   <td style="width: 49%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">January 1, 2019</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 50%; padding-left: 15pt; text-align: left; vertical-align: bottom; text-indent: -15pt"><font style="font: x-small Times New Roman">Plan used extended amortization provisions in status calculation:</font></td>
   <td style="vertical-align: top; width: 1%; text-align: left"></td>
   <td style="width: 49%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">Yes</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 50%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">Minimum required contribution:</font></td>
   <td style="vertical-align: top; width: 1%; text-align: left"></td>
   <td style="width: 49%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">Yes</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 50%; padding-left: 15pt; text-align: left; vertical-align: bottom; text-indent: -15pt"><font style="font: x-small Times New Roman">Employer contributing greater than 5% of Plan contributions for year ended December 31, 2019:</font></td>
   <td style="vertical-align: top; width: 1%; text-align: left"></td>
   <td style="width: 49%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">Yes</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 50%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">Rehabilitation plan implemented:</font></td>
   <td style="vertical-align: top; width: 1%; text-align: left"></td>
   <td style="width: 49%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">Yes</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 50%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">Employer subject to surcharge:</font></td>
   <td style="vertical-align: top; width: 1%; text-align: left"></td>
   <td style="width: 49%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">Yes</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 50%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">Contract expiration date:</font></td>
   <td style="vertical-align: top; width: 1%; text-align: left"></td>
   <td style="width: 49%; text-align: left; vertical-align: bottom"><font style="font: x-small Times New Roman">November 30, 2022</font></td></tr></table></div>

<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">For the plan years 2019-2022, under the pension fund&#8217;s rehabilitation plan, the Company agreed to pay a minimum contribution rate equal to 9.1% of the prior year total contribution rate. The Company has 29 employees and has a contract, expiring November 30, 2022, with a union covering rates of pay, hours of employment and other conditions of employment for approximately 21% of its employees. The Company considers that its labor relations with its employees and union are good.</font></p><span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for retirement benefits.</p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143340415224">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CASH FLOW INFORMATION<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
<tr class="re">
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<td class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashFlowSupplementalDisclosuresTextBlock', window );">CASH FLOW INFORMATION</a></td>
<td class="text"><p style="text-align: justify"><font style="font: x-small Times New Roman"><b>8. CASH FLOW INFORMATION:</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">For purposes of reporting cash flows, the Company considers cash equivalents to consist of short-term highly liquid investments with maturities of three months or less, which are readily convertible into cash. The following is a reconciliation of the Company&#8217;s cash and cash equivalents and restricted cash to the total presented on the consolidated statement of cash flows:</font></p>
<div align="center">
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 60%">

<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 94%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>July
   31</b></font></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 94%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 94%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Cash and cash equivalents </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,552,389</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,260,135</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 94%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Restricted cash, tenant security deposits </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">783,470</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">794,151</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 94%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Restricted cash, escrow </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">71,720</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">321,675</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 94%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Restricted cash, other </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">27,140</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">27,840</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 94%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,434,719</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,403,801</font></td></tr></table></div>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Amounts in restricted cash primarily consist of cash held in bank accounts for tenant security deposits, amounts set aside in accordance with certain loan agreements, and security deposits with landlords and utility companies.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Supplemental disclosure:</font></p>
<div align="center">
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 60%">

<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 92%; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="6" style="border-bottom: Black 1pt solid; width: 6%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>July
   31,</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 92%; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>

   <td colspan="2" style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>

   <td colspan="2" style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 92%; text-align: left"><font style="font: x-small Times New Roman">Cash Flow Information</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>

<tr style="vertical-align: bottom">
   <td style="padding-left: 30pt; width: 92%; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Interest paid, net of capitalized interest of $115,415 (2021), and $112,074 (2020) </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">272,070</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">153,107</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
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   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(23,040</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(23,041</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr>
   <td style="width: 92%"></td>
   <td style="width: 1%"></td>
   <td style="width: 1%; text-align: right">&#160;</td>
   <td style="width: 1%">&#160;</td>
   <td style="width: 1%">&#160;</td>
   <td style="width: 1%"></td>
   <td style="width: 1%; text-align: right">&#160;</td>
   <td style="width: 1%">&#160;</td>
   <td style="width: 1%">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 92%; text-align: left"><font style="font: x-small Times New Roman">Non-cash information</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="text-indent: -15pt; padding-left: 30pt; width: 92%; text-align: left"><font style="font: x-small Times New Roman">Recognition of operating lease right-of-use assets</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">39,464,411</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; width: 92%; text-align: left"><font style="font: x-small Times New Roman">Recognition of operating lease liabilities </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">30,222,981</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; width: 92%; text-align: left"><font style="font: x-small Times New Roman">Mortgage refinance </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">5,255,920</font></td></tr></table></div><span></span>
</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -URI http://asc.fasb.org/topic&amp;trid=2134446<br></p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143340427512">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>FINANCIAL INSTRUMENTS AND CREDIT RISK CONCENTRATIONS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueDisclosuresAbstract', window );"><strong>Fair Value Disclosures [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueDisclosuresTextBlock', window );">FINANCIAL INSTRUMENTS AND CREDIT RISK CONCENTRATIONS</a></td>
<td class="text"><p style="text-align: justify"><font style="font: x-small Times New Roman"><b>9. FINANCIAL INSTRUMENTS AND CREDIT
RISK CONCENTRATIONS:</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The following disclosure of estimated fair value was determined by the Company using available market information and appropriate valuation methods. Considerable judgment is necessary to develop estimates of fair value. The estimates presented herein are not necessarily indicative of the amounts that could be realized upon disposition of the financial instruments.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The Company estimates the fair value of its financial instruments using the following methods and assumptions: (i) quoted market prices, when available, are used to estimate the fair value of investments in marketable debt and equity securities; (ii) discounted cash flow analyses are used to estimate the fair value of long-term debt, using the Company&#8217;s estimate of current interest rates for similar debt; and (iii) carrying amounts in the balance sheet approximate fair value for cash and cash equivalents, restricted cash, and tenant security deposits due to their high liquidity.</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%">

<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>July
   31, 2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>July
   31, 2020</b></font></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Carrying</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Fair</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Carrying</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Fair</b></font></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Value</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Value</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Value</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Value</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Cash and cash equivalents </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,552,389</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,552,389</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,260,135</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,260,135</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Marketable securities </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,901,093</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,901,093</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,744,905</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,744,905</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Restricted cash </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">882,330</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">882,330</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,143,666</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,143,666</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Mortgages and note payable </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,649,632</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">8,088,201</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,519,658</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,915,121</font></td></tr></table>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Financial instruments that are potentially subject to concentrations of credit risk consist principally of marketable securities, restricted cash, cash and cash equivalents, and receivables. Marketable securities, restricted cash, cash and cash equivalents are placed with multiple financial institutions and instruments to minimize risk. No assurance can be made that such financial institutions and instruments will minimize all such risk.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">As of July 31, 2021, five tenants accounted for approximately 65.70% and in 2020, four tenants accounted for approximately 54.97% of receivables, respectively. During the year ended July 31, 2021, two tenants accounted for 29.91% and in 2020, three tenants accounted for 43.65% of total rental revenue, respectively.</font></p><span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueDisclosuresAbstract</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=123874694&amp;loc=d3e19207-110258<br></p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143336673448">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>DEFERRED CHARGES<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
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<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherAssetsDisclosureTextBlock', window );">DEFERRED CHARGES</a></td>
<td class="text"><p style="text-align: justify"><font style="font: x-small Times New Roman"><b>10. DEFERRED CHARGES:</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Deferred charges for the fiscal years ended July 31, 2021 and 2020 consist of the following:</font></p>
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   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>July
   31, 2020</b></font></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Gross</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Gross</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Carrying</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Accumulated</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Carrying</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Accumulated</b></font></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Amount</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Amortization</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Amount</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Amortization</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Leasing brokerage commissions </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">5,266,672</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,579,460</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,204,638</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,281,010</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Professional fees for leasing </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">127,810</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">75,779</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">151,704</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">88,684</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Total</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">5,394,482</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,655,239</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,356,342</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,369,694</font></td></tr></table>

<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The aggregate amortization expense for the periods ended July 31, 2021 and July 31, 2020 were $385,967, and $297,887, respectively.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The weighted average life of current year additions to deferred charges was fourteen years.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The estimated aggregate amortization expense for each of the five succeeding fiscal years is as follows:</font></p>
<div align="center">
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 60%">

<tr style="line-height: normal; vertical-align: bottom">
   <td style="border-bottom: Black 1pt solid; vertical-align: bottom; width: 98%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Year
   Ended July 31</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center; vertical-align: bottom"></td>
   <td style="border-bottom: Black 1pt solid; vertical-align: bottom; width: 1%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Amortization</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 98%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2022</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">$427,013</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 98%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2023</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">$425,017</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 98%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2024</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">$394,396</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 98%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2025</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">$352,943</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 98%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2026</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">$333,292</font></td></tr></table></div><span></span>
</td>
</tr>
</table>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143340427512">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>RELATED PARTY TRANSACTIONS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
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<td class="text"><p style="text-align: justify"><font style="font: x-small Times New Roman"><b>11. RELATED PARTY TRANSACTIONS:</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The Company has two operating leases with Weinstein Enterprises, Inc. (&#8220;Landlord&#8221;), an affiliated company, principally owned by the Chairman of the Board of Directors of both the Company and Landlord. One lease is for building, improvements, and land (Premises&#8221;) located at Jamaica Avenue at 169<sup>th </sup>Street, Jamaica, New York. Another lease is for Premises located at 504-506 Fulton Street, Brooklyn, New York.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Rent payments and expense relating to these two operating leases with Landlord follow:</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%">

<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="5" style="width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Rent
   Payments</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="5" style="width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Rent
   Expense</b></font></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Year
   Ended July 31</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Year
   Ended July 31</b></font></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="border-bottom: Black 1pt solid; width: 88%; white-space: nowrap; text-align: left"><font style="font: xx-small Times New Roman"><b>Property</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Jamaica Avenue at 169<sup>th </sup>Street </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">624,994</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">624,994</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,517,437</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,582,344</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">504-506 Fulton Street </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">362,256</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">362,256</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">350,438</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">350,437</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Total </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">987,250</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">987,250</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,867,875</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,932,781</font></td></tr></table>

<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The following summarizes assets and liabilities related to these two leases:</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%">

<tr style="line-height: normal; vertical-align: bottom">
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   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
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<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 86%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>July
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   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>July
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   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="border-bottom: Black 1pt solid; width: 86%; white-space: nowrap; text-align: left"><font style="font: xx-small Times New Roman"><b>Property</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
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   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td>
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<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 86%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Jamaica Avenue at 169<sup>th </sup>Street </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">12,842,642</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">13,190,809</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,959,450</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">5,084,505</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><b>May
   31, 2030</b></font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 86%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">504-506 Fulton Street </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,831,134</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,890,056</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,946,306</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,008,181</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><b>April
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<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 86%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Total </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">15,673,776</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">16,080,865</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,905,756</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">8,092,686</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td></tr></table>

<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Upon termination of the Jamaica, New York lease in 2030, all premises included in operating lease right-of-use assets plus leasehold improvements will be turned over to the Landlord.</font></p><span></span>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143340237752">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CAPITALIZATION<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
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<td class="text"><p style="text-align: justify"><font style="font: x-small Times New Roman"><b>12. CAPITALIZATION:</b></font></p>

<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The Company is capitalized entirely through common stock with identical voting rights and rights to liquidation. Treasury stock is recorded at cost and consists of 162,517 shares at July 31, 2021 and at July 31, 2020.</font></p><span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.</p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143336589672">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CONTINGENCIES<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommitmentsAndContingenciesDisclosureAbstract', window );"><strong>Commitments and Contingencies Disclosure [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
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<tr class="ro">
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<td class="text"><p style="text-align: justify"><font style="font: x-small Times New Roman"><b>13. CONTINGENCIES:</b></font></p>


<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">There are various other lawsuits and claims pending against the Company. It is the opinion of management that the resolution of these matters will not have a material adverse effect on the Company&#8217;s Consolidated Financial Statements.</font></p>


<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">If the Company sells, transfers, disposes of or demolishes 25 Elm Place, Brooklyn, New York, then the Company may be liable to create a condominium unit for the loading dock. The necessity of creating the condominium unit and the cost of such condominium unit cannot be determined at this time.</font></p><span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for commitments and contingencies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 450<br> -URI http://asc.fasb.org/topic&amp;trid=2127136<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 440<br> -URI http://asc.fasb.org/topic&amp;trid=2144648<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 954<br> -SubTopic 440<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=6491277&amp;loc=d3e6429-115629<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 440<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=123406679&amp;loc=d3e25336-109308<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 440<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123406679&amp;loc=d3e25336-109308<br></p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143336673448">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>REAL ESTATE AND ACCUMULATED DEPRECIATION<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
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<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
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<td class="text">&#160;<span></span>
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<tr class="ro">
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<td class="text"><p style="text-align: center"><b><font style="font: x-small Times New Roman">J.W. </font></b><b><font style="font: x-small Times New Roman">MAYS, </font></b><b><font style="font: x-small Times New Roman">INC. <br />REAL </font></b><b><font style="font: x-small Times New Roman">ESTATE </font></b><b><font style="font: x-small Times New Roman">AND </font></b><b><font style="font: x-small Times New Roman">ACCUMULATED DEPRECIATION<br /></font></b><b><font style="font: x-small Times New Roman">July 31, 2021</font></b></p>

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   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left; width: 1%">&#160;&#160;</td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left; width: 1%"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
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    <td>&#160;</td>
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   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left">&#160;&#160;</td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left; width: 1%"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left; width: 1%"></td>
   <td style="white-space: nowrap; text-align: left; width: 1%"></td>
   <td style="white-space: nowrap; text-align: left; width: 1%"></td>
   <td style="white-space: nowrap; text-align: left; width: 1%"></td>
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   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="vertical-align: middle; white-space: nowrap; text-align: right"></td>
    <td>&#160;</td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
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<tr style="vertical-align: bottom; background-color: Silver">
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   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">24,346,123</font></td>
   <td style="white-space: nowrap; text-align: right">&#160;</td>
   <td style="white-space: nowrap; text-align: right">&#160;<font style="font: x-small Times New Roman">$</font></td>
   <td style="white-space: nowrap; text-align: right; vertical-align: middle"><font style="font: x-small Times New Roman">&#8212;</font></td>
    <td>&#160;&#160;</td>
   <td style="white-space: nowrap; text-align: left">&#160;</td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,901,349</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">31,749,591</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">35,650,940</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,787,673</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">Various</font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">Various</font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">(1)(2)</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Jamaica, New York Jamaica</font></td>
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="vertical-align: middle; white-space: nowrap; text-align: right"></td>
    <td>&#160;</td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;Avenue at 169th Street</font></td>
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">474,359</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right; vertical-align: middle"><font style="font: x-small Times New Roman">&#8212;</font></td>
    <td>&#160;</td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">474,359</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">474,359</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">82,307</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">1959</font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">1959</font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">(3)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Fishkill, New York Route 9 at</font></td>
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="vertical-align: middle; white-space: nowrap; text-align: right"></td>
    <td>&#160;</td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;Interstate Highway 84</font></td>
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,832,182</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">594,723</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,212,116</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">14,609,761</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right; vertical-align: middle"><font style="font: x-small Times New Roman">&#8212;</font></td>
    <td>&#160;</td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">594,723</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">21,821,877</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">22,416,600</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,750,935</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">10/74</font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">11/72</font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">(1)</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Brooklyn, New York Jowein</font></td>
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="vertical-align: middle; white-space: nowrap; text-align: right"></td>
    <td>&#160;</td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;Building Fulton Street and</font></td>
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="vertical-align: middle; white-space: nowrap; text-align: right"></td>
    <td>&#160;</td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;Elm Place</font></td>
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,324,957</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">728,327</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">17,179,497</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right; vertical-align: middle"><font style="font: x-small Times New Roman">&#8212;</font></td>
    <td>&#160;</td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,324,957</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">17,907,824</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">19,232,781</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,786,738</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">1915</font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">1950</font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">(1)(2)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Levittown, New York</font></td>
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="vertical-align: middle; white-space: nowrap; text-align: right"></td>
    <td>&#160;</td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;Hempstead Turnpike</font></td>
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">125,927</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right; vertical-align: middle"><font style="font: x-small Times New Roman">&#8212;</font></td>
    <td>&#160;</td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">125,927</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">125,927</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">4/69</font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">6/62</font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">(1)</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Circleville, Ohio Tarlton Road</font></td>
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">120,849</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,388,456</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">86,520</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; vertical-align: middle; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
    <td style="border-bottom: Black 1pt solid"> </td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">120,849</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,474,976</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,595,825</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,140,543</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">9/92</font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">12/92</font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman"></font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">(1)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Total(A)</font></td>
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,649,632</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,067,805</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">19,732,367</font></td>
   <td style="white-space: nowrap; text-align: left">&#160;</td>
   <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">56,696,260</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; vertical-align: middle; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
    <td style="border-bottom: Black 2pt double">&#160;</td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,067,805</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">76,428,627</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">82,496,432</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">34,548,196</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td></tr></table>
<div><font style="font-size: 7.5pt">&#160;</font></div>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 11pt; border-collapse: collapse; width: 100%">

<tr style="vertical-align: bottom">
   <td style="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"><font style="font: x-small Times New Roman">(1)</font></td>
   <td style="vertical-align: top; width: 2%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Building and improvements </font></td>
   <td style="vertical-align: top; width: 97%; text-align: left"><font style="font: x-small Times New Roman">18&#8211;40 years</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"><font style="font: x-small Times New Roman">(2)</font></td>
   <td style="vertical-align: top; width: 2%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Improvements to leased property&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></td>
   <td style="vertical-align: top; width: 97%; text-align: left"><font style="font: x-small Times New Roman">3&#8211;40 years</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"><font style="font: x-small Times New Roman">(3)</font></td>
   <td colspan="2" style="vertical-align: top; width: 99%; text-align: left; text-align: justify"><font style="font: x-small Times New Roman">The initial recording of operating lease right-of-use assets of $27.1 million includes adjustments of approximately $10.2 million primarily relating to building and improvements, net of accumulated depreciation, required pursuant to a ground lease with an affiliate, principally owned by a director of the Company (&#8220;landlord&#8221;). Upon lease termination in 2030, the building and all improvements will be turned over to the landlord as property owner (See Notes 1 and 11 to the Accompanying Consolidated Financial Statements). Leasehold improvements are amortized over the life of the lease.</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="vertical-align: top; width: 1%; text-align: left; padding-right: 8pt"><font style="font: x-small Times New Roman">(A)</font></td>
   <td colspan="2" style="vertical-align: top; width: 99%; text-align: left; text-align: justify"><font style="font: x-small Times New Roman">Does not include Office Furniture and Equipment and Transportation Equipment in the amount of $363,428 and Accumulated Depreciation thereon of $245,262 at July 31, 2021.</font></td></tr></table>
<div><font style="font-size: 7.5pt">&#160;</font></div>
<table cellspacing="0" cellpadding="0" border="0" style="width: 40%; line-height: 12.5pt; border-collapse: collapse">

<tr style="vertical-align: bottom">
   <td style="width: 33%; white-space: nowrap; text-align: left"></td>
   <td style="width: 34%; white-space: nowrap; text-align: left"></td>
   <td colspan="6" style="border-bottom: Black 1pt solid; width: 33%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Year
   Ended July 31,</b></font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 33%; white-space: nowrap; text-align: left"></td>
   <td style="width: 34%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 11%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 10%; white-space: nowrap; text-align: center"></td>
   <td colspan="3" style="border-bottom: Black 1pt solid; width: 12%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 33%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><b>Investment
   in Real Estate</b></font></td>
   <td style="width: 34%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 2%; white-space: nowrap; text-align: right"></td>
   <td style="width: 9%; white-space: nowrap; text-align: left"></td>
   <td style="width: 10%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 10%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 33%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Balance at Beginning of Year</font></td>
   <td style="width: 34%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 9%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">80,286,244</font></td>
   <td style="width: 10%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 10%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">96,333,110</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 33%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Improvements</font></td>
   <td style="width: 34%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 2%; white-space: nowrap; text-align: right"></td>
   <td style="width: 9%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,210,188</font></td>
   <td style="width: 10%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 10%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">5,840,914</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 33%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Retirements</font></td>
   <td style="width: 34%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 9%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 10%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 10%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(21,887,780</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 33%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Balance at End of Year</font></td>
   <td style="width: 34%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 2pt double; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 9%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">82,496,432</font></td>
   <td style="width: 10%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 10%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">80,286,244</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 33%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><b>Accumulated
   Depreciation</b></font></td>
   <td style="width: 34%; white-space: nowrap; text-align: left"><b><font style="font: x-small Times New Roman"></font></b></td>
   <td style="width: 2%; white-space: nowrap; text-align: right"></td>
   <td style="width: 9%; white-space: nowrap; text-align: left"></td>
   <td style="width: 10%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 10%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 33%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Balance at Beginning of Year</font></td>
   <td style="width: 34%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 9%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">32,805,218</font></td>
   <td style="width: 10%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 10%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">43,310,270</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 33%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Additions Charged to Costs and Expenses</font></td>
   <td style="width: 34%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 2%; white-space: nowrap; text-align: right"></td>
   <td style="width: 9%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,742,978</font></td>
   <td style="width: 10%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 10%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,626,230</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 33%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Retirements</font></td>
   <td style="width: 34%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 9%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 10%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 10%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(12,131,282</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 33%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Balance at End of Year</font></td>
   <td style="width: 34%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 2pt double; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 9%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">34,548,196</font></td>
   <td style="width: 10%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 10%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">32,805,218</font></td></tr></table><span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure of real estate investments and associated accumulated depreciation for entities with a significant portion of their business acquiring and holding investment real estate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher SEC<br> -Name Regulation S-X (SX)<br> -Number 210<br> -Section 12<br> -Subsection 28<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 970<br> -SubTopic 360<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-28)<br> -URI http://asc.fasb.org/extlink&amp;oid=120402810&amp;loc=d3e638233-123024<br></p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143343953608">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountingPoliciesAbstract', window );"><strong>Accounting Policies [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_OrganizationPolicyTextBlock', window );">Organization</a></td>
<td class="text"><p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman"><b>Organization</b></font></p>
<p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman">J.W. Mays, Inc. (the &#8220;Company&#8221; or &#8220;Registrant&#8221;) with executive offices at 9 Bond Street, Brooklyn, New York 11201, operates a number of commercial real estate properties in New York and one building in Ohio. The Company&#8217;s business was founded in 1924 and incorporated under the laws of the State of New York on July 6, 1927.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConsolidationPolicyTextBlock', window );">Principles of Consolidation</a></td>
<td class="text"><p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman"><b>Principles
of Consolidation</b></font></p>
<p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman">The consolidated financial statements include the accounts of the Company, a New York corporation and its subsidiaries (J. W. M. Realty Corp. and Dutchess Mall Sewage Plant, Inc.), which are wholly-owned. Material intercompany items have been eliminated in consolidation.</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_ImpactOfCovid19OnOurResultsAndOperations', window );">The Impact of COVID-19 on Our Results and Operations</a></td>
<td class="text"><p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman"><b>The
Impact of COVID-19 on Our Results and Operations</b></font></p>
<p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman; word-spacing: -0.1pt; letter-spacing: -0.1pt">In late 2019, an outbreak of COVID-19 emerged and by March 11, 2020 was declared a global pandemic by The World Health Organization. Throughout the United States and locally, governments and municipalities instituted measures in an effort to control the spread of COVID-19, including quarantines, shelter-in-place orders, school closings, travel restrictions and the closure of non-essential businesses. By the end of March 2020, the economic impacts became significant for the remainder of the year ended July 31, 2020.</font></p>
<p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman; word-spacing: -0.1pt; letter-spacing: -0.1pt">Beginning March 2020 and continuing through July 2021, we experienced an increase in late payments due to the impact of COVID-19 and the related reductions in economic activity from government mandated business disruptions and shelter -in- place orders. The effects of COVID-19 on our tenants have been reflected in our allowance for credit losses for accounts receivable. In limited circumstances, we have agreed to rent abatements and deferrals for certain tenants. We also continue to experience volatility in the valuation of our equity investments through July 31, 2021.</font></p>
<p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman; word-spacing: -0.1pt; letter-spacing: -0.1pt">Looking ahead, the full impact of COVID-19 on our business is unknown and highly unpredictable. Our past results may not be indicative of our future performance and historical trends in revenues, income from operations, net income, earnings per share, cash provided by operating activities, among others, may differ materially. For example, to the extent the pandemic continues to disrupt economic activity nationally and in New York, NY, like other businesses, it could adversely affect our business operations and financial results through prolonged decreases in revenue, credit deterioration of our tenants, depressed economic activity, or declines in capital markets. In addition, many of our expenses are less variable in nature and may not correlate to changes in revenues. The extent of the impact will depend on a number of factors, including the duration and severity of the pandemic; distribution of vaccines; and the macroeconomic impact of government measures to contain the spread of the virus and related government stimulus measures.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BasisOfAccountingPolicyPolicyTextBlock', window );">Use of Estimates</a></td>
<td class="text"><p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman"><b>Use
of Estimates</b></font></p>
<p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman; word-spacing: -0.1pt; letter-spacing: -0.1pt">The accounting records are maintained in accordance with accounting principles generally accepted in the United States of America (&#8220;GAAP&#8221;). The preparation of the Company&#8217;s financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, the disclosure of contingent assets and liabilities, incremental borrowing rates and recognition of renewal options for operating lease right-of-use assets and liabilities, and the reported amounts of revenues and expenses during the reporting period. The estimates that we make include allowance for doubtful accounts, depreciation, impairment analysis of long-lived assets, income tax assets and liabilities, fair value of marketable securities and revenue recognition. Estimates are based on historical experience where applicable or other assumptions that management believes are reasonable under the circumstances. Due to the inherent uncertainty involved in making estimates, actual results may differ from those estimates under different assumptions or conditions.</font></p>
<p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman">As of July 31, 2021, the impact of COVID-19 continues to evolve. As a result, many of our estimates and assumptions required increased judgment and carry a higher degree of variability and volatility. As additional information becomes available, our estimates may change materially in future periods.</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy', window );">Restricted Cash</a></td>
<td class="text"><p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman"><b>Restricted
Cash</b></font></p>
<p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman">Restricted cash primarily consists of cash held in bank accounts for tenant security deposits and other amounts required under certain loan agreements.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MarketableSecuritiesPolicy', window );">Marketable Securities</a></td>
<td class="text"><p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Marketable Securities</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The Company&#8217;s marketable securities consist of investments in equity securities. Dividends and interest income are accrued as earned. Realized gains and losses are determined on a specific identification basis. The Company reviews marketable securities for impairment whenever circumstances and situations change such that there is an indication that the carrying amounts may not be recovered. The changes in the fair value of these securities are recognized in current period earnings in accordance with ASC 825.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The Company follows GAAP which establishes a fair value hierarchy that prioritizes the valuation techniques and creates the following three broad levels, with Level 1 valuation being the highest priority:</font></p>
<p style="margin-left: 15pt; text-align: justify"><font style="font: x-small Times New Roman"><b>Level 1 valuation
</b>inputs are quoted market prices in active markets for identical assets or liabilities that are accessible at the measurement date
(e.g., equity securities traded on the New York Stock Exchange).</font></p>
<p style="margin-left: 15pt; text-align: justify"><font style="font: x-small Times New Roman"><b>Level 2 valuation
</b>inputs are from other than quoted market prices included in Level 1 that are observable for the asset or liability, either directly
or indirectly (e.g., quoted market prices of similar assets or liabilities in active markets, or quoted market prices for identical or
similar assets or liabilities in markets that are not active).</font></p>
<p style="margin-left: 15pt; text-align: justify"><font style="font: x-small Times New Roman"><b>Level 3 valuation
</b>inputs are unobservable (e.g., an entity&#8217;s own data) and should be used to measure fair value to the extent that observable
inputs are not available.</font></p>
<p style="margin-left: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Following is a description of the valuation methodologies used for assets measured at fair value on a recurring basis. There have been no changes in the methodologies used at July 31, 2021 and 2020.</font></p>
<p style="margin-left: 15pt; text-align: justify"><font style="font: x-small Times New Roman"><b>Equity securities
</b>are valued at the closing price reported on the active market on which the individual securities are traded that the Company has
access to.</font></p>
<p style="margin-left: 15pt; text-align: justify"><font style="font: x-small Times New Roman"><b>Mutual funds </b>are
valued at the daily closing price as reported by the fund. Mutual funds held by the Company are open-end mutual funds that are registered
with the U.S. Securities and Exchange Commission. These funds are required to publish their daily net asset value (&#8220;NAV&#8221;)
and to transact at that price. The mutual funds held by the Company are deemed to be actively traded.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">In accordance with the provisions of Fair Value Measurements, the following are the Company&#8217;s financial assets measured on a recurring basis presented at fair value.</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%">

<tr style="vertical-align: bottom">
   <td style="width: 76%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="23" style="border-bottom: Black 1pt solid; width: 23%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Fair
   value measurements at reporting date</b></font></td></tr>
<tr style="vertical-align: bottom">
   <td style="border-bottom: #000000 1pt solid; width: 76%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Description</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>July
   31, 2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Level
   1</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Level
   2</b></font></td>
   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Level
   3</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>July
   31, 2020</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Level
   1</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Level
   2</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Level
   3</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
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   <td style="width: 1%; white-space: nowrap; text-align: left"><b><font style="font: x-small Times New Roman"></font></b></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: left"></td></tr>
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   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,901,093</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">3,901,093</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#8211;&#160;&#160;&#160;&#160;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#8211;&#160;&#160;&#160;&#160;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,744,905</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">3,744,905</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#8211;&#160;&#160;&#160;&#160;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#8211;&#160;</font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TradeAndOtherAccountsReceivablePolicy', window );">Accounts Receivable</a></td>
<td class="text"><p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Accounts Receivable</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Generally, rent is due from tenants at the beginning of the month in accordance with terms of each lease. Based upon its periodic assessment of the quality of the receivables, management uses its historical knowledge of the tenants and industry experience to determine whether a reserve or write-off is required. The Company uses specific identification to write-off receivables to bad debt expense in the period when issues of collectibility become known. Collectibility issues include late rent payments, circumstances when a tenant indicates their intention to vacate the property without paying, or when tenant litigation or bankruptcy proceedings are not expected to result in full payment. Management also assesses collectibility by reviewing accounts receivable on an aggregate basis where similar characteristics exist. In determining the amount of the allowance for credit losses, the Company considers past due status and a tenant&#8217;s payment history. We also consider current market conditions and reasonable and supportable forecasts of future economic conditions. Our assessment considers business and market disruptions caused by COVID-19. The continued volatility in market conditions and evolving shifts in credit trends are difficult to predict causing variability and volatility that may have a material impact on our allowance for uncollectible accounts receivables in future periods.</font></p>


<p style="text-indent: 15pt; text-align: justify; margin-bottom: 10pt"><font style="font: x-small Times New Roman">Primarily because of the effects of COVID-19, the Company recorded an allowance for uncollectible receivables as of July 31, 2021 and 2020 in the amount of $318,000 and $82,000, respectively, as an offset to receivables.</font></p>
<p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman">Activity in the allowance for uncollectible receivables for each period follows:</font></p>
<div align="center">
<table cellspacing="0" cellpadding="0" border="0" style="width: 80%; line-height: 14pt; border-collapse: collapse">

<tr style="vertical-align: bottom">
   <td style="width: 77%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="6" style="width: 10%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Allowance
   for</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 3%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 3%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 77%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="6" style="width: 10%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Uncollectible</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 3%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 3%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 77%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="6" style="border-bottom: #000000 1pt solid; width: 10%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Accounts
   Receivable</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="5" style="border-bottom: #000000 1pt solid; width: 9%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Bad
   Debt Expense</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 77%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="6" style="border-bottom: #000000 1pt solid; width: 10%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Period
   Ended July 31</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="5" style="border-bottom: #000000 1pt solid; width: 9%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Period
   Ended July 31</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 77%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 77%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Beginning balance </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">82,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8211;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8211;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8211;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 77%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Charge-offs </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">254,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">423,232</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">236,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">596,292</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 77%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Recoveries</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(18,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(91,840</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8211;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(91,840</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 77%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Rent Abatements reclassified to reduce rental income </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8211;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(249,392</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8211;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(249,392</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 77%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Ending Balance</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">318,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">82,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">236,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">255,060</font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock', window );">Property and Equipment</a></td>
<td class="text"><p style="text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman"><b>Property
and Equipment</b></font></p>
<p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman">Property and equipment are stated at cost. Depreciation is calculated using the straight-line method and the declining-balance method. Amortization of improvements to leased property is calculated over the life of the lease. Lives used to determine depreciation and amortization are generally as follows:</font></p>
<div align="center">
<table cellspacing="0" cellpadding="0" border="0" style="width: 60%; line-height: 14pt; border-collapse: collapse">

<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 96%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Buildings and improvements </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">18-40 years</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 96%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Improvements to leased property </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3-10 years</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 96%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Fixtures and equipment </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7-12 years</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 96%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Other </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3-5 years</font></td></tr></table></div>

<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">&#160;Maintenance, repairs,
renewals and improvements of a non-permanent nature are charged to expense when incurred. Expenditures for additions and major renewals
or improvements are capitalized along with the associated interest cost during construction. The cost of assets sold or retired, and
the accumulated depreciation or amortization thereon are eliminated from the respective accounts in the year of disposal, and the resulting
gain or loss is credited or charged to income. Capitalized interest is recorded as part of the asset to which it relates and is amortized
over the asset&#8217;s estimated useful life.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Company renovations at its Fishkill, New York building aggregated $1,194,351 and $5,382,193 for the years ended July 31, 2021 and 2020, respectively, primarily related to tenant improvements for space leased to a community college, new elevators, lobbies, and a fa&#231;ade.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Company renovations at its Jowein building in Brooklyn, New York aggregated $673,867 and $221,442 for the years ended July 31, 2021 and 2020, respectively, primarily related to roof work, new tenant improvements and an elevator upgrade.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Stairwell and sidewalk upgrades at the Company&#8217;s Jamaica, New York building aggregated $241,241 for the year ended July 31, 2021. Elevator upgrade work and new tenant improvements for the year ended July 31, 2020 at the Company&#8217;s Jamaica building were $443,881.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Elevator upgrades aggregated $289,699 for the year ended July 31, 2020 at the Company&#8217;s 9 Bond Street building in Brooklyn, New York.</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentImpairment', window );">Impairment</a></td>
<td class="text"><p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Impairment</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The Company reviews property and equipment and related lease intangibles for possible impairment when certain events or changes in circumstances indicate the carrying amount of the asset may not be recoverable though operations plus estimated disposition proceeds. Events or changes in circumstances that may occur include, but are not limited to, significant changes in real estate market conditions, estimated residual values, and an expectation to sell assets before the end of the previously estimated life. Impairments are measured to the extent the current book value exceeds the estimated fair value of the asset less disposition costs for any assets classified as held for sale. As of July 31, 2021 and 2020, the Company has determined there was no impairment of its property and equipment.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredChargesPolicyTextBlock', window );">Deferred Charges</a></td>
<td class="text"><p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Deferred Charges</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Deferred charges consist principally of costs incurred in connection with the leasing of property to tenants. Such costs are amortized over the related lease periods, ranging from 1 to 21 years, using the straight-line method. If a lease is terminated early, such costs are expensed.</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorLeasesPolicyTextBlock', window );">Leases - Lessor Revenue</a></td>
<td class="text"><p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Leases &#8211; Lessor Revenue</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The Company accounts for revenue in accordance with Accounting Standards Update (ASU) 2014-09 (Topic 606) Revenue from Contracts with Customers. Rental income is recognized from tenants under executed leases no later than on an established date or on an earlier date if the tenant should commence conducting business. Unbilled receivables are included in accounts receivable and represent the excess of scheduled rental income recognized on a straight-line basis over rental income as it becomes receivable according to the provisions of the lease. The effect of lease modifications that result in rent relief or other credits to tenants, including any retroactive effects relating to prior periods, are recognized in the period when the lease modification is signed. At the time of the lease modification, we assess the realizability of any accrued but unpaid rent and amounts that had been recognized as revenue in prior periods. As lessor, we have elected to combine the lease components (base rent), non-lease components (reimbursements of common area maintenance expenses) and reimbursements of real estate taxes and account for the components as a single lease component in accordance with ASC 842. If the amounts are not determined to be realizable, the accrued but unpaid rent is written off. Accounts receivable are recognized in accordance with lease agreements at its net realizable value. Rental payments received in advance are deferred until earned.</font></p><span></span>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LesseeLeasesPolicyTextBlock', window );">Leases - Lessee</a></td>
<td class="text"><p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Leases &#8211; Lessee</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The Company determines if an arrangement is a lease at inception. With the adoption of ASC 842, operating leases are included in operating lease right-of-use assets and operating lease liabilities on the Company&#8217;s balance sheet.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Operating lease right-of-use assets represent the Company&#8217;s right to use an underlying asset for the lease term and lease liabilities represent the Company&#8217;s obligation to make payments arising from the lease. Operating lease right-of-use assets and liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. As the Company&#8217;s leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. The Company&#8217;s lease terms may include options to extend or terminate the lease when it is reasonably certain the Company will exercise that option. Lease expense for lease payments is recognized on a straight-line basis over the lease term.</font></p><span></span>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxPolicyTextBlock', window );">Taxes</a></td>
<td class="text"><p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Taxes</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Deferred income taxes are provided for the temporary differences between the financial reporting basis and the tax basis of the Company&#8217;s assets and liabilities. Deferred tax assets result principally from the recording of certain accruals, reserves and net operating loss carry forwards which currently are not deductible for tax purposes. Deferred tax liabilities result principally from temporary differences in the recognition of unrealized gains and losses from certain investments and from the use, for tax purposes, of accelerated depreciation. Deferred tax assets and liabilities are offset for each jurisdiction and are presented net on the balance sheet.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The effect on deferred income taxes of a change in tax rates is recognized in income in the period that includes the enactment date. Actual income taxes could vary from these estimates due to future changes in income tax law or results from the final review of tax returns by federal, state or city tax authorities. Financial statement effects on tax positions are recognized in the period in which it is more likely than not that the position will be sustained upon examination, the position is effectively settled or when the statute of limitations to challenge the position has expired. Interest and penalties, if any, related to unrecognized tax benefits are recorded as interest expense and administrative and general expenses, respectively.</font></p><span></span>
</td>
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<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerSharePolicyTextBlock', window );">Income Per Share of Common Stock</a></td>
<td class="text"><p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Income Per Share of Common Stock</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Income per share has been computed by dividing net income for the year by the weighted average number of shares of common stock outstanding during the year, adjusted for the purchase of treasury stock. Shares used in computing income per share were 2,015,780 in fiscal years 2021 and 2020.</font></p><span></span>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Reclassifications', window );">Reclassification</a></td>
<td class="text"><p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Reclassification</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">As of July 31, 2020, the Company changed its balance sheet presentation from classified to unclassified to more generally conform with norms in the real estate industry. Many of the reclassifications relate to this change in presentation and had no effect on net income or loss.</font></p><span></span>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock', window );">Recently adopted accounting standards:</a></td>
<td class="text"><p style="text-align: justify"><font style="font: x-small Times New Roman"><b>Recently adopted accounting standards:</b></font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">In February 2016, the FASB issued ASU 2016-02, &#8220;Leases.&#8221; ASU 2016-02 is intended to increase transparency and comparability among organizations in accounting for leasing arrangements. This guidance establishes a right-of-use model that requires a lessee to record a right-of-use asset and a lease liability on the balance sheet for all leases with terms longer than twelve months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. Lessees and lessors are required to disclose qualitative and quantitative information about leasing arrangements to enable a user of the financial statements to assess the amount, timing and uncertainty of cash flows arising from leases.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">In July 2018, the FASB issued ASU No. 2018-10, &#8220;Codification Improvements to Topic 842&#8221;, which provides amendments and clarification to ASU 2016-12 based on the FASB&#8217;s interaction with stakeholders. In July 2018, the FASB issued ASU No. 2018-11 &#8220;Leases (Topic 842): Targeted Improvements&#8221;, which amends Leases (Topic 842) to (i) add an optional transition method that would permit entities to apply the new requirements by recognizing a cumulative-effect adjustment to the opening balance of retained earnings in the year of adoption, and (ii) provide a practical expedient for lessors regarding the separation of the lease and non-lease components of a contract. In December 2018, the FASB issued ASU No. 2018-20, &#8220;Leases (Topic 842) Narrow-Scope Improvement for Lessors,&#8221; which clarifies how to apply the leases standard when accounting for sales taxes and other similar taxes collected from lessees, certain lessor costs, and recognition of variable payments for contracts with lease and non-lease components. In March 2019, the FASB issued ASU 2019-01, &#8220;Leases (Topic 842) Codification Improvements&#8221;, which provides amendments for issues brought to the Board&#8217;s attention through its interactions with stakeholders. The issues identified are as follows: (1) Determining the fair value of the underlying asset by lessors that are not manufacturers or dealers, (2) Presentation on the statement of cash flows-sales-type and direct financing leases, and (3) Transition disclosures related to Topic 250, Accounting Changes and Error Corrections. These standards are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years.</font></p>
<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The new standards were adopted by the Company for the fiscal year beginning August 1, 2019. Upon adoption of Topic 842, the Company elected the following practical expedients:</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: normal; border-collapse: collapse; width: 100%">

<tr style="vertical-align: bottom">
   <td style="vertical-align: top; width: 1%; white-space: nowrap; text-align: right; padding-right: 8pt; padding-left: 15pt"><font style="font: x-small Times New Roman">1. </font></td>
   <td style="vertical-align: top; width: 99%; text-align: left; text-align: justify"><font style="font: x-small Times New Roman">The Company applied the optional transition method of recognizing a cumulative-effect adjustment to the opening balance of retained earnings in the initial period of adoption. Upon adoption on August 1, 2019, the Company did not have an adjustment to opening retained earnings.</font></td></tr>
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   <td style="vertical-align: top; width: 1%; white-space: nowrap; text-align: right; padding-right: 8pt; padding-left: 15pt"></td>
   <td style="vertical-align: top; width: 99%; text-align: left; text-align: justify">&#160;&#160;</td></tr>
<tr style="vertical-align: bottom">
   <td style="vertical-align: top; width: 1%; white-space: nowrap; text-align: right; padding-right: 8pt; padding-left: 15pt"><font style="font: x-small Times New Roman">2. </font></td>
   <td style="vertical-align: top; width: 99%; text-align: left; text-align: justify"><font style="font: x-small Times New Roman">As lessee and lessor, the Company has elected not to reassess lease classifications and all leases will continue to be classified as operating leases under the new standard.</font></td></tr></table>

<p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">As a result of the adoption of the new lease accounting guidance, the Company recognized on August 1, 2019:</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 10pt Times New Roman; text-align: justify; width: 100%">

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   <td style="padding-left: 15pt; padding-right: 8pt; vertical-align: top; width: 1%"><font style="font-size: 9.5pt">&#9679;</font></td>
   <td style="vertical-align: top; width: 99%; text-align: justify">Operating lease right-of-use assets of $27.1 million.</td></tr>
<tr>
   <td style="vertical-align: top; width: 1%"><font style="font-size: 9.5pt"></font></td>
   <td style="vertical-align: top; width: 99%; text-align: justify">&#160;</td></tr>
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   <td style="padding-left: 15pt; padding-right: 8pt; vertical-align: top; width: 1%"><font style="font-size: 9.5pt">&#9679;</font></td>
   <td style="vertical-align: top; width: 99%; text-align: justify">Operating lease liabilities of approximately $17.9 million, based on the net present value of remaining minimum rental payments, discounted using the Company&#8217;s incremental borrowing rate of 3.88%.</td></tr>
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   <td style="vertical-align: top; width: 1%"><font style="font-size: 9.5pt"></font></td>
   <td style="vertical-align: top; width: 99%; text-align: justify">&#160;</td></tr>
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   <td style="padding-left: 15pt; padding-right: 8pt; vertical-align: top; width: 1%"><font style="font-size: 9.5pt">&#9679;</font></td>
   <td style="vertical-align: top; width: 99%; text-align: justify">The initial recording of operating lease right-of-use assets of $27.1 million includes adjustments of approximately $10.2 million primarily relating to building and improvements, net of accumulated depreciation, required pursuant to a ground lease with an affiliate, principally owned by a director of the Company (&#8220;landlord&#8221;). Upon lease termination in 2030, the building and all improvements will be turned over to the landlord as property owner.</td></tr>
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   <td style="vertical-align: top; width: 1%"><font style="font-size: 9.5pt"></font></td>
   <td style="vertical-align: top; width: 99%; text-align: justify">&#160;</td></tr>
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   <td style="padding-left: 15pt; padding-right: 8pt; vertical-align: top; width: 1%"><font style="font-size: 9.5pt">&#9679;</font></td>
   <td style="vertical-align: top; width: 99%; text-align: justify">The initial operating lease liability of $17.9 million includes an adjustment of remaining accrued rent of approximately $.95 million.</td></tr>
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   <td style="vertical-align: top; width: 1%"><font style="font-size: 9.5pt"></font></td>
   <td style="vertical-align: top; width: 99%; text-align: justify">&#160;</td></tr>
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   <td style="padding-left: 15pt; padding-right: 8pt; vertical-align: top; width: 1%"><font style="font-size: 9.5pt">&#9679;</font></td>
   <td style="vertical-align: top; width: 99%; text-align: justify">The Company&#8217;s lessor accounting remains similar under Topic 842 but updated to align with certain changes to the lessee model and the new revenue recognition standard (ASU 2014-09). Upon adoption of the lease standards on August 1, 2019, changes in accounting for the Company&#8217;s lease revenue as lessor were not significant.</td></tr></table>
<p style="text-indent: 15pt; text-align: justify">&#160;<font style="font: x-small Times New Roman">In April 2020,
the FASB issued a Staff Q&#38;A on accounting for leases during the COVID-19 pandemic, focused on the application of lease guidance in
ASC Topic 842, Leases (&#8220;ASC 842&#8221;). The Q&#38;A states that it would be acceptable to make a policy election regarding rent
concessions resulting from COVID-19, which would not require entities to account for these rent concessions as lease modifications under
certain conditions. Entities making the election will continue to recognize rental revenue on a straight-line basis for qualifying concessions.
Rent abatements would be recognized as reductions to revenue during the period in which they were granted. Rent deferrals would result
in an increase to accounts receivable during the deferral period with no impact on rental revenue recognition. The Company elected this
policy for the year ended July 31, 2020. Rent abatements and deferrals resulting from COVID-19 aggregated $22,628 and $245,000 for the
year ending July 31, 2021 and $433,517 and $459,429, for the year ending July 31, 2020, respectively.</font></p><span></span>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredChargesPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for deferral and amortization of significant deferred charges.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.17)<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredChargesPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerSharePolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=124432515&amp;loc=d3e3550-109257<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=124432515&amp;loc=d3e3630-109257<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EarningsPerSharePolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 45<br> -Paragraph 25<br> -URI http://asc.fasb.org/extlink&amp;oid=123427490&amp;loc=d3e32247-109318<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 20<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32847-109319<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 19<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32840-109319<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=124431353&amp;loc=SL116659661-227067<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32639-109319<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -URI http://asc.fasb.org/extlink&amp;oid=123427490&amp;loc=d3e32280-109318<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 17<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32809-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
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</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LesseeLeasesPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for leasing arrangement entered into by lessee.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123408670&amp;loc=SL77918666-209980<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LesseeLeasesPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LessorLeasesPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for leasing arrangements entered into by lessor.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 50<br> -Paragraph 3A<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=124258985&amp;loc=SL117410129-209981<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=124258985&amp;loc=SL77919352-209981<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 50<br> -Paragraph 3A<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=124258985&amp;loc=SL117410129-209981<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 50<br> -Paragraph 14<br> -URI http://asc.fasb.org/extlink&amp;oid=124258985&amp;loc=SL119206284-209981<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LessorLeasesPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MarketableSecuritiesPolicy">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for investment classified as marketable security.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 320<br> -Section 50<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=123599081&amp;loc=d3e62652-112803<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MarketableSecuritiesPolicy</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentImpairment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for assessing and recognizing impairments of its property, plant and equipment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=109226691&amp;loc=d3e2921-110230<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentImpairment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
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</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 958<br> -SubTopic 360<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=120429125&amp;loc=d3e99779-112916<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.13(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 958<br> -SubTopic 360<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=120429125&amp;loc=d3e99893-112916<br><br>Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentPolicyTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for classifying current financial statements, which may be different from classifications in the prior year's financial statements. Disclose any material changes in classification including an explanation of the reason for the change and the areas impacted.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 205<br> -URI http://asc.fasb.org/topic&amp;trid=2122149<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_Reclassifications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TradeAndOtherAccountsReceivablePolicy">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of accounting policy for accounts receivable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123577603&amp;loc=d3e4975-111524<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 10<br> -Section 50<br> -Paragraph 15<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=123577603&amp;loc=d3e5212-111524<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/otherTransitionRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 10<br> -Section 50<br> -Paragraph 11B<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123577603&amp;loc=SL6953423-111524<br><br>Reference 4: http://fasb.org/us-gaap/role/ref/otherTransitionRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=123577603&amp;loc=d3e5093-111524<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=123577603&amp;loc=d3e5033-111524<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=84159169&amp;loc=d3e10133-111534<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TradeAndOtherAccountsReceivablePolicy</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143340297912">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountingPoliciesAbstract', window );"><strong>Accounting Policies [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock', window );">Schedule of Investments Measured At Fair Value</a></td>
<td class="text"><p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">In accordance with the provisions of Fair Value Measurements, the following are the Company&#8217;s financial assets measured on a recurring basis presented at fair value.</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%">

<tr style="vertical-align: bottom">
   <td style="width: 76%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="23" style="border-bottom: Black 1pt solid; width: 23%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Fair
   value measurements at reporting date</b></font></td></tr>
<tr style="vertical-align: bottom">
   <td style="border-bottom: #000000 1pt solid; width: 76%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Description</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>July
   31, 2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Level
   1</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Level
   2</b></font></td>
   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Level
   3</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>July
   31, 2020</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Level
   1</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Level
   2</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Level
   3</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 76%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"><b>Assets:</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><b><font style="font: x-small Times New Roman"></font></b></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 76%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Marketable securities</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,901,093</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">3,901,093</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#8211;&#160;&#160;&#160;&#160;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#8211;&#160;&#160;&#160;&#160;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,744,905</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">3,744,905</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#8211;&#160;&#160;&#160;&#160;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$&#160;&#160;</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">&#8211;</font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfCreditLossesForFinancingReceivablesCurrentTableTextBlock', window );">Schedule of Allowance for Uncollectible Receivables</a></td>
<td class="text"><p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman">Activity in the allowance for uncollectible receivables for each period follows:</font></p>
<div align="center">
<table cellspacing="0" cellpadding="0" border="0" style="width: 80%; line-height: 14pt; border-collapse: collapse">

<tr style="vertical-align: bottom">
   <td style="width: 77%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="6" style="width: 10%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Allowance
   for</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 3%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 3%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 77%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="6" style="width: 10%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Uncollectible</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 3%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 3%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 77%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="6" style="border-bottom: #000000 1pt solid; width: 10%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Accounts
   Receivable</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="5" style="border-bottom: #000000 1pt solid; width: 9%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Bad
   Debt Expense</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 77%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="6" style="border-bottom: #000000 1pt solid; width: 10%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Period
   Ended July 31</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="5" style="border-bottom: #000000 1pt solid; width: 9%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Period
   Ended July 31</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 77%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 4%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 77%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Beginning balance </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">82,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8211;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8211;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8211;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 77%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Charge-offs </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">254,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">423,232</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">236,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">596,292</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 77%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Recoveries</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(18,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(91,840</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
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   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(91,840</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 77%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Rent Abatements reclassified to reduce rental income </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8211;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(249,392</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8211;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: #000000 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(249,392</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 77%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Ending Balance</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">318,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">82,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">236,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: #000000 2pt double; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: #000000 2pt double; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">255,060</font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="ro">
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<td class="text"><p style="text-indent: 15pt; text-align: justify; margin-top: 10pt; margin-bottom: 10pt"><font style="font: x-small Times New Roman">Property and equipment are stated at cost. Depreciation is calculated using the straight-line method and the declining-balance method. Amortization of improvements to leased property is calculated over the life of the lease. Lives used to determine depreciation and amortization are generally as follows:</font></p>
<div align="center">
<table cellspacing="0" cellpadding="0" border="0" style="width: 60%; line-height: 14pt; border-collapse: collapse">

<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 96%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Buildings and improvements </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
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<tr style="vertical-align: bottom">
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   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3-10 years</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 96%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Fixtures and equipment </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7-12 years</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 96%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Other </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman"></font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3-5 years</font></td></tr></table></div><span></span>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143340286040">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>MARKETABLE SECURITIES (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
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<td class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MarketableSecuritiesTextBlock', window );">Schedule of Classified Marketable Securities</a></td>
<td class="text"><p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">As of July 31, 2021 and 2020, the Company&#8217;s marketable securities were classified as follows:</font></p>
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<tr style="vertical-align: bottom">
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   <td colspan="13" style="border-bottom: Black 1pt solid; width: 13%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>July
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   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;</b></td>
   <td colspan="4" style="width: 4%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Gross</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;</b></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"></td>
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   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
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   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;</b></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"></td></tr>
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   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Fair</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
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   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;</b></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Unrealized</b></font></td>
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   <td colspan="4" style="border-bottom: Black 1pt solid; width: 4%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Losses</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Value</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Cost</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Gains</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="4" style="border-bottom: Black 1pt solid; width: 4%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Losses</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Value</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; width: 73%; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Available-for-sale:</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 30pt; width: 73%; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Mutual funds</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right; text-align: right"><font style="font: x-small Times New Roman">984,869</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center; text-align: right"><font style="font: x-small Times New Roman">619,972</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#160;&#160;&#160;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#160;&#160;&#160;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center; text-align: right"><font style="font: x-small Times New Roman">1,604,841</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right; text-align: right"><font style="font: x-small Times New Roman">1,077,493</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center; text-align: right"><font style="font: x-small Times New Roman">297,064</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center; text-align: right"><font style="font: x-small Times New Roman">1,374,557</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 30pt; width: 73%; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Corporate equity</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left; text-align: right"></td></tr>
<tr style="vertical-align: bottom">
   <td style="background-color: Silver; padding-left: 45pt; width: 73%; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">securities</font></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,355,961</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">940,291</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td>
   <td style="background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,296,252</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center; background-color: Silver"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,553,275</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">823,010</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td>
   <td style="background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">5,937</font></td>
   <td style="background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right; background-color: Silver"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; background-color: Silver; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,370,348</font></td></tr>
<tr style="vertical-align: bottom; background-color: White">
   <td style="padding-left: 15pt; width: 73%; text-align: left; text-indent: -15pt"></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,340,830</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,560,263</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,901,093</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,630,768</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,120,074</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: left; text-align: right"><font style="font: x-small Times New Roman">5,937</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,744,905</font></td></tr></table></div><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentIncomeTextBlock', window );">Schedule of Investment Income</a></td>
<td class="text"><p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Investment income for the years ended July 31, 2021 and 2020 consists of the following:</font></p>
<table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 60%">

<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><b><font style="font: xx-small Times New Roman">2021</font></b></td>
   <td style="white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><b><font style="font: xx-small Times New Roman">2020</font></b></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; width: 95%; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Interest income</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">850</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,446</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Dividend income</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">98,915</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">96,569</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Gain on sale of marketable securities</font></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">73,783</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">28,546</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 30pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Total</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">173,548</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">145,561</font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of investment income, including, but not limited to, interest and dividend income and amortization of discount (premium) derived from debt and equity securities. Excludes realized and unrealized gain (loss) on investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.9)<br> -URI http://asc.fasb.org/extlink&amp;oid=123367319&amp;loc=SL114868664-224227<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 220<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04.2)<br> -URI http://asc.fasb.org/extlink&amp;oid=120400993&amp;loc=SL114874131-224263<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.7(a),(b))<br> -URI http://asc.fasb.org/extlink&amp;oid=123367319&amp;loc=SL114868664-224227<br><br>Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.8)<br> -URI http://asc.fasb.org/extlink&amp;oid=123367319&amp;loc=SL114868664-224227<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets.</p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143268815656">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>LONG-TERM DEBT-MORTGAGES (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_MortgagesAndTermLoanLongTermDebtDisclosureAbstract', window );"><strong>LONG-TERM DEBT - MORTGAGES AND TERM LOAN [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfDebtInstrumentsTextBlock', window );">Schedule of Long-term Debt</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 80%"><tr style="vertical-align: bottom"><td style="padding-left: 15pt; text-align: left; text-indent: -15pt"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td colspan="7" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Years
   Ended July 31,</b></font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; width: 89%; text-align: left; text-indent: -15pt"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Current</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Annual</b></font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Final</b></font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Interest</b></font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Payment</b></font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
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   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Date</b></font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="white-space: nowrap; text-align: center"><b>&#160;</b></td>
   <td style="white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td>
   <td style="white-space: nowrap; text-align: center">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Mortgage:</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 30pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Bond St. land and building, Brooklyn, NY (1)</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4.375%</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">12/1/2024</font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,817,450</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,829,832</font></td>
   <td style="white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 30pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Fishkill land and building (2)</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3.980%</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4/1/2025</font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,832,182</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,967,100</font></td>
   <td style="white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 30pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Deferred financing costs</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(130,855</font></td>
   <td style="vertical-align: top; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(168,967</font></td>
   <td style="vertical-align: top; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 45pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Total</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,518,777</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">8,627,965</font></td>
   <td style="white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt">&#160;</td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td></tr></table>

<table cellspacing="0" cellpadding="0" border="0" style="line-height: normal; border-collapse: collapse; width: 100%">

<tr style="vertical-align: bottom">
   <td style="vertical-align: top; width: 1%; text-align: right; padding-right: 8pt"><font style="font: x-small Times New Roman">(1) </font></td>
   <td style="vertical-align: top; width: 99%; text-align: justify"><font style="font: x-small Times New Roman">In November 2019, the Company refinanced the remaining balance of a $6,000,000, 3.54% interest rate loan with another bank for $5,255,920 plus an additional $144,080 for a total of $5,400,000. The interest rate on the new loan is fixed at 4.375%. The loan is self-liquidating over a period of five years and secured by the Nine Bond Street land and building in Brooklyn, New York.</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="vertical-align: top; text-align: left; padding-right: 8pt"></td>
   <td style="vertical-align: top; text-align: left">&#160;</td></tr>
<tr style="vertical-align: bottom">
   <td style="vertical-align: top; text-align: right; padding-right: 8pt"><font style="font: x-small Times New Roman">(2) </font></td>
   <td style="vertical-align: top; text-align: justify"><font style="font: x-small Times New Roman">In March 2020, the Company obtained a loan with a bank in the amount of $4,000,000 to finance renovations and brokerage commissions relating to space leased to a community college at the Fishkill, New York building. The loan is secured by the Fishkill, New York land and building; amortized over a 20-year period with an interest rate of 3.98% and is due in five years.</font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock', window );">Schedule of Maturities of Long-term Mortgage and Term Loan Payable Outstanding</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" border="0" style="line-height: normal; border-collapse: collapse; width: 100%"><tr style="vertical-align: bottom"><td style="vertical-align: top; text-align: left"><font style="font: x-small Times New Roman">Maturities of long-term mortgages outstanding at July 31, 2021 are as follows:</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="vertical-align: top; text-align: left; padding-right: 8pt"></td>
   <td style="vertical-align: top; text-align: left">&#160;</td></tr></table>

<table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 60%">

<tr style="vertical-align: bottom">
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Year
   Ended July 31:</b></font></td>
   <td style="white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="3" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Amount</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 96%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2022</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,198,600</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2023</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,252,196</font></td>
   <td style="white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2024</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,308,071</font></td>
   <td style="white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2025</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,890,765</font></td>
   <td style="white-space: nowrap; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Subtotal</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,649,632</font></td>
   <td style="white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Deferred financing costs</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(130,855</font></td>
   <td style="white-space: nowrap; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Total</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,518,777</font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_MortgagesAndTermLoanLongTermDebtDisclosureAbstract">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td style="white-space:nowrap;">mays_MortgagesAndTermLoanLongTermDebtDisclosureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of maturity and sinking fund requirement for long-term debt.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=123465755&amp;loc=d3e1835-112601<br></p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143269339896">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>OPERATING LEASES (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LeasesAbstract', window );"><strong>Leases [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseLeaseIncomeTableTextBlock', window );">Schedule of Revenues By Lease And Non-lease Components</a></td>
<td class="text"><p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The following table disaggregates the Company&#8217;s revenues by lease and non-lease components:</font></p>
<table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 80%">

<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Years
   Ended July 31,</b></font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; width: 95%; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Base rent - fixed</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">18,355,925</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">17,392,398</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Reimbursements of common area costs</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">751,618</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">781,119</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Non-lease components (real estate taxes)</font></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,105,336</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,358,329</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Rental income</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,212,879</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">19,531,846</font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_OperatingLeaseLeaseIncomeOneTableTextBlock', window );">Schedule of Rental Income</a></td>
<td class="text"><p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Rental income for each of the fiscal years 2021 and 2020 is as follows:</font></p>
<table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 60%">

<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Years
   Ended July 31,</b></font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; width: 95%; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Minimum rentals</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 30pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Company owned property</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,798,456</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,940,491</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 30pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Leased property</font></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,557,469</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,451,907</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">18,355,925</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">17,392,398</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Contingent rentals</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 30pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Company owned property</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,237,614</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,454,827</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 30pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Leased property</font></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">619,340</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">684,621</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; text-align: left; text-indent: -15pt"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,856,954</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,139,448</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 45pt; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Total</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">20,212,879</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">19,531,846</font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock', window );">Schedule of Future Minimum Non-cancelable Rental Income</a></td>
<td class="text"><p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Future minimum non-cancelable rental income for leases with initial or remaining terms of one year or more is as follows:</font></p>
<table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 80%">

<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"></td>
   <td style="white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td colspan="2" style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Company</b></font></td>
   <td style="white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Owned</b></font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Leased</b></font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom">
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   Ended July 31,</b></font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Property</b></font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Property</b></font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Total</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; width: 90%; white-space: nowrap; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">2022</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">11,118,307</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,934,146</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">16,052,453</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">2023</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,790,555</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,252,460</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">13,043,015</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">2024</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,779,932</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,968,843</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,748,775</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">2025</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,411,636</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,583,441</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,995,077</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">2026</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">6,562,590</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,448,958</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,011,548</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">After 2026</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">33,453,204</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,336,769</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">40,789,973</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 30pt; white-space: nowrap; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Total</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">76,116,224</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">23,524,617</font></td>
   <td style="white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">99,640,841</font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_EffectOnOperatingLeaseRightofuseAssetsLiabilitiesAndRentExpenseTableTextBlock', window );">Schedule of Effect On Operating Lease Right-of-use Assets, Liabilities And Rent Expense</a></td>
<td class="text"><p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Effective April 1, 2020, four of the Company&#8217;s property leases were extended. The effect of these lease extensions on the measurement of operating lease right-of-use assets, liabilities and rent expense follows:</font></p>
<table cellspacing="0" cellpadding="0" border="0" align="center" style="line-height: 14pt; border-collapse: collapse; width: 80%">

<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"></td>
   <td colspan="2" style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Operating</b></font></td>
   <td style="white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Operating</b></font></td>
   <td style="white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Monthly</b></font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"></td>
   <td colspan="2" style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Lease
   Right-</b></font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Lease</b></font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Rent</b></font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>of-Use-Asset</b></font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Liability</b></font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Expense</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; width: 92%; white-space: nowrap; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Upon initial adoption, August 1, 2019</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">27,104,937</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">17,863,507</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">249,955</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; white-space: nowrap; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">After various lease extensions through April 30, 2020</font></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">37,698,819</font></td>
   <td style="white-space: nowrap; text-align: left"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">29,326,365</font></td>
   <td style="white-space: nowrap; text-align: center"></td>
   <td style="white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">277,570</font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_ScheduleOfNetSubleaseIncomeTableTextBlock', window );">Schedule of Sublease Income, Net</a></td>
<td class="text"><p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Operating lease costs for leased real property was exceeded by sublease rental income from the Company&#8217;s real estate operations as follows:</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%">

<tr style="vertical-align: bottom">
   <td style="width: 93%; white-space: nowrap; text-align: left"></td>
   <td colspan="7" style="border-bottom: Black 1pt solid; width: 7%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Years Ended July 31,</b></font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 93%; white-space: nowrap; text-align: left"></td>
   <td colspan="3" style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td>
   <td colspan="3" style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 93%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Sublease income</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,176,809</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,136,528</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 93%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Operating lease cost</font></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(4,767,660</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(4,517,273</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 93%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Excess of sublease income over lease cost</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,409,149</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,619,255</font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_ScheduleOfAdditionalInformationRelatedToLeasesTableTextBlock', window );">Schedule of Additional Information Related To Leases</a></td>
<td class="text"><p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">As of July 31, 2021, our operating leases had a weighted average remaining lease term of 17.37 years and a weighted average discount rate of 2.87%.</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%">

<tr style="vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Years
   Ended July 31,</b></font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><b>&#160;&#160;&#160;&#160;&#160;</b></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Other information:</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Operating cash flows from operating leases</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">2,024,246</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">1,931,545</font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock', window );">Schedule of Annual Undiscounted Cash Flows Of The Operating Lease Liabilities</a></td>
<td class="text"><p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The following is a maturity analysis of the annual undiscounted cash flows of the operating lease liabilities as of July 31, 2021:</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%">

<tr style="vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"></td>
   <td colspan="3" style="width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Operating</b></font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="border-bottom: Black 1pt solid; font: x-small Times New Roman; padding-bottom: 1pt">Year
   ended July 31</font></td>
   <td colspan="3" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Leases</b></font></td></tr>
<tr style="background-color: Silver; vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2022</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,116,363</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2023</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,132,944</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="background-color: Silver; vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2024</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,150,128</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2025</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,167,284</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="background-color: Silver; vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2026</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,223,672</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Thereafter</font></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">25,327,631</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="background-color: Silver; vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Total undiscounted cash flows</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">36,118,022</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Less: present value discount</font></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(8,277,092</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="background-color: Silver; vertical-align: bottom">
   <td style="width: 95%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Total Lease Liabilities</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 3%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">27,840,930</font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_EffectOnOperatingLeaseRightofuseAssetsLiabilitiesAndRentExpenseTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of effect on operating lease right-of-use assets, liabilities and rent expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_EffectOnOperatingLeaseRightofuseAssetsLiabilitiesAndRentExpenseTableTextBlock</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_OperatingLeaseLeaseIncomeOneTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule of Rental income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_OperatingLeaseLeaseIncomeOneTableTextBlock</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_ScheduleOfAdditionalInformationRelatedToLeasesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of additional information related to leases.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_ScheduleOfAdditionalInformationRelatedToLeasesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_ScheduleOfNetSubleaseIncomeTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of sublease income net of operating lease cost.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_ScheduleOfNetSubleaseIncomeTableTextBlock</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LeasesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LeasesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=123408670&amp;loc=SL77918701-209980<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=124258985&amp;loc=SL77919396-209981<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
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<tr>
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<td>na</td>
</tr>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeaseLeaseIncomeTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of components of income from operating lease.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 50<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=124258985&amp;loc=SL77919372-209981<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 270<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6A<br> -URI http://asc.fasb.org/extlink&amp;oid=124502072&amp;loc=SL77927221-108306<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeaseLeaseIncomeTableTextBlock</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143268672952">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INCOME TAX (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxDisclosureAbstract', window );"><strong>Income Tax Disclosure [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock', window );">Schedule of Income Tax Expense</a></td>
<td class="text"><p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Income taxes provided for the years ended July 31, 2021 and 2020 consist of the following:</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%">

<tr style="vertical-align: bottom">
   <td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 15pt; text-indent: -15pt"></td>
   <td colspan="3" style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td>
   <td colspan="3" style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 15pt; text-indent: -15pt"><font style="font: x-small Times New Roman">Current:</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 30pt; text-indent: -15pt"><font style="font: x-small Times New Roman">Federal</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 15pt; text-indent: -15pt"><font style="font: x-small Times New Roman">Deferred taxes (benefit):</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 30pt; text-indent: -15pt"><font style="font: x-small Times New Roman">Federal</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(108,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(247,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 30pt; text-indent: -15pt"><font style="font: x-small Times New Roman">State</font></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(51,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(108,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 93%; white-space: nowrap; text-align: left; padding-left: 15pt; text-indent: -15pt"><font style="font: x-small Times New Roman">Income tax provision (benefit)</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(159,000</font></td>
   <td style="padding-bottom: 1pt; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1.5pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(355,000</font></td>
   <td style="padding-bottom: 1pt; width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock', window );">Schedule of Effective Income Tax Rate Reconciliation</a></td>
<td class="text"><p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Taxes provided for the years ended July 31, 2021 and 2020 differ from amounts which would result from applying the federal statutory tax rate to pre-tax income, as follows:</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%">

<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 92%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman">2021</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: #000000 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman">2020</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 92%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Income (loss) before income taxes </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">239,032</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(1,261,005</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 92%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Paycheck Protection Program Loan Forgiveness </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(722,726</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 92%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Other-net </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(21,690</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: #000000 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(16,158</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 92%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Adjusted pre-tax income (loss)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(505,384</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(1,277,163</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 92%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Statutory rate </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">21.00</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">21.00</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">%</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 92%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Income tax provision (benefit) at statutory rate </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(106,131</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(268,204</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 92%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">State deferred income taxes (benefit)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(51,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(108,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 92%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Other-net </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(1,869</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">21,204</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 92%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Income tax provision (benefit) </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(159,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(355,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock', window );">Schedule of Deferred Tax Assets And Liabilities</a></td>
<td class="text"><p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Significant components of the Company&#8217;s deferred tax assets and liabilities as of July 31, 2021 and 2020 are a result of temporary differences related to the items described as follows:</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%">

<tr style="vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="white-space: nowrap; width: 88%; text-align: left"></td>
   <td style="white-space: nowrap; width: 1%; text-align: left"></td>
   <td colspan="2" style="white-space: nowrap; width: 2%; text-align: center"><font style="font: xx-small Times New Roman"><b>Deferred</b></font></td>
   <td style="white-space: nowrap; width: 1%; text-align: center"></td>
   <td colspan="2" style="white-space: nowrap; width: 2%; text-align: center"><font style="font: xx-small Times New Roman"><b>Deferred</b></font></td>
   <td style="white-space: nowrap; width: 1%; text-align: center"></td>
   <td colspan="2" style="white-space: nowrap; width: 2%; text-align: center"><font style="font: xx-small Times New Roman"><b>Deferred</b></font></td>
   <td style="white-space: nowrap; width: 1%; text-align: center"></td>
   <td colspan="2" style="white-space: nowrap; width: 2%; text-align: center"><font style="font: xx-small Times New Roman"><b>Deferred</b></font></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="white-space: nowrap; width: 88%; text-align: left"></td>
   <td style="white-space: nowrap; width: 1%; text-align: left"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; width: 2%; text-align: center"><font style="font: xx-small Times New Roman"><b>Tax
   Assets</b></font></td>
   <td style="white-space: nowrap; width: 1%; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; width: 2%; text-align: center"><font style="font: xx-small Times New Roman"><b>Tax
   Liabilities</b></font></td>
   <td style="white-space: nowrap; width: 1%; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; width: 2%; text-align: center"><font style="font: xx-small Times New Roman"><b>Tax
   Assets</b></font></td>
   <td style="white-space: nowrap; width: 1%; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; width: 2%; text-align: center"><font style="font: xx-small Times New Roman"><b>Tax
   Liabilities</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Rental income received in advance </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">148,033</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right; vertical-align: bottom"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">175,145</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Anticipated PPP loan expenses to be forgiven </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">199,390</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Operating lease liabilities </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,680,923</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">8,013,099</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Federal net operating loss carryforward </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,171,510</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,764,769</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">State net operating loss carryforward </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">809,951</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">693,541</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Unbilled receivables </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">569,029</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">412,343</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Property and equipment </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,963,194</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,671,246</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Unrealized gain on marketable securities </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">430,455</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">307,375</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Operating lease right-of-use assets</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,536,322</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,229,036</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Other </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">106,583</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">33,056</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,917,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; vertical-align: bottom; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#160;&#160;$</font></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">15,499,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">10,879,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><font style="font: x-small Times New Roman">&#160;&#160;$</font></font></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">15,620,000</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Net deferred tax liability</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; vertical-align: bottom; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,582,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,741,000</font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_ScheduleOfComponentsOfDeferredTaxProvisionBenefitTableTextBlock', window );">Components of Deferred Tax Provision (benefit)</a></td>
<td class="text"><p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Components of the deferred tax provision (benefit) for the years ended July 31, 2021 and 2020 consist of the following:</font></p>
<div align="center">
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 80%">

<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 90%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 3%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Book depreciation exceeding (less than) tax depreciation</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">291,723</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(1,691,703</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Increase in reserve for bad debts </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(65,109</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(17,220</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Lease expense per book in excess of cash paid </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(360,537</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,477,725</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Federal net operating loss carryforward </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(406,742</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(924,647</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">State net operating loss carryforward </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(116,410</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(22,687</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Decrease of rental income received in advance </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">27,111</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">39,637</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Anticipated PPP loan expenses to be forgiven </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">199,390</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(199,390</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Increase (decrease) in unbilled receivables </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">156,686</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(47,962</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 90%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Other </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">114,888</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">31,247</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 90%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(159,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 2%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(355,000</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr></table></div><span></span>
</td>
</tr>
</table>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure for components of deferred tax provision benefit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32639-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32537-109319<br></p></div>
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<tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32687-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143343418664">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CASH FLOW INFORMATION (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SupplementalCashFlowElementsAbstract', window );"><strong>Supplemental Cash Flow Elements [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock', window );">Schedule of Cash and Cash Equivalents and Restricted Cash</a></td>
<td class="text"><p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The following is a reconciliation of the Company&#8217;s cash and cash equivalents and restricted cash to the total presented on the consolidated statement of cash flows:</font></p>
<div align="center">
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 60%">

<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 94%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>July
   31</b></font></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 94%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 94%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Cash and cash equivalents </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,552,389</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,260,135</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 94%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Restricted cash, tenant security deposits </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">783,470</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">794,151</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 94%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Restricted cash, escrow </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">71,720</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">321,675</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 94%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Restricted cash, other </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">27,140</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">27,840</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 94%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,434,719</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,403,801</font></td></tr></table></div><span></span>
</td>
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<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock', window );">Schedule of Cash Flow Information</a></td>
<td class="text"><p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Supplemental disclosure:</font></p>
<div align="center">
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 60%">

<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 92%; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="6" style="border-bottom: Black 1pt solid; width: 6%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>July
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   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 92%; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>

   <td colspan="2" style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>

   <td colspan="2" style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 92%; text-align: left"><font style="font: x-small Times New Roman">Cash Flow Information</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>

<tr style="vertical-align: bottom">
   <td style="padding-left: 30pt; width: 92%; text-align: left; text-indent: -15pt"><font style="font: x-small Times New Roman">Interest paid, net of capitalized interest of $115,415 (2021), and $112,074 (2020) </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">272,070</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">153,107</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; width: 92%; text-align: left"><font style="font: x-small Times New Roman">Income tax (refunded)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(23,040</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">(23,041</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">)</font></td></tr>
<tr>
   <td style="width: 92%"></td>
   <td style="width: 1%"></td>
   <td style="width: 1%; text-align: right">&#160;</td>
   <td style="width: 1%">&#160;</td>
   <td style="width: 1%">&#160;</td>
   <td style="width: 1%"></td>
   <td style="width: 1%; text-align: right">&#160;</td>
   <td style="width: 1%">&#160;</td>
   <td style="width: 1%">&#160;</td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 92%; text-align: left"><font style="font: x-small Times New Roman">Non-cash information</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="text-indent: -15pt; padding-left: 30pt; width: 92%; text-align: left"><font style="font: x-small Times New Roman">Recognition of operating lease right-of-use assets</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">39,464,411</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="padding-left: 15pt; width: 92%; text-align: left"><font style="font: x-small Times New Roman">Recognition of operating lease liabilities </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">30,222,981</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="vertical-align: bottom">
   <td style="padding-left: 15pt; width: 92%; text-align: left"><font style="font: x-small Times New Roman">Mortgage refinance </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">&#8212;</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">5,255,920</font></td></tr></table></div><span></span>
</td>
</tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of supplemental cash flow information for the periods presented.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of cash and cash equivalents restricted as to withdrawal or usage.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(1)(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=120398452&amp;loc=d3e534808-122878<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=123431023&amp;loc=SL98516268-108586<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=120400017&amp;loc=d3e572229-122910<br><br>Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SupplementalCashFlowElementsAbstract</td>
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<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143336847416">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>FINANCIAL INSTRUMENTS AND CREDIT RISK CONCENTRATIONS (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueDisclosuresAbstract', window );"><strong>Fair Value Disclosures [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_ScheduleOfFinancialInstrumentsTableTextBlock', window );">Schedule of Fair Value of Financial Instruments</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%"><tr style="line-height: normal; vertical-align: bottom"><td style="width: 88%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>July
   31, 2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>July
   31, 2020</b></font></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Carrying</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Fair</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Carrying</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Fair</b></font></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Value</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Value</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Value</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Value</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Cash and cash equivalents </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,552,389</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,552,389</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,260,135</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,260,135</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Marketable securities </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,901,093</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,901,093</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,744,905</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,744,905</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Restricted cash </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">882,330</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">882,330</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,143,666</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,143,666</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Mortgages and note payable </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,649,632</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">8,088,201</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,519,658</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">9,915,121</font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_ScheduleOfFinancialInstrumentsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure for financial instruments that are carried at carrying value and fair value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_ScheduleOfFinancialInstrumentsTableTextBlock</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueDisclosuresAbstract</td>
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</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
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<TEXT>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143338477752">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>DEFERRED CHARGES (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract', window );"><strong>Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_ScheduleOfDeferredChargesTableTextBlock', window );">Schedule of Deferred Charges</a></td>
<td class="text"><p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Deferred charges for the fiscal years ended July 31, 2021 and 2020 consist of the following:</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%">

<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>July
   31, 2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>July
   31, 2020</b></font></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Gross</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Gross</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Carrying</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Accumulated</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Carrying</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Accumulated</b></font></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Amount</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Amortization</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Amount</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Amortization</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Leasing brokerage commissions </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">5,266,672</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,579,460</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,204,638</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,281,010</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Professional fees for leasing </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">127,810</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">75,779</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">151,704</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">88,684</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left; padding-left: 15pt"><font style="font: x-small Times New Roman">Total</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">5,394,482</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,655,239</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,356,342</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,369,694</font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_ScheduleOfDeferredChargesFutureAmortizationExpenseTableTextBlock', window );">Schedule of Estimated Aggregate Amortization Expense</a></td>
<td class="text"><p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The estimated aggregate amortization expense for each of the five succeeding fiscal years is as follows:</font></p>
<div align="center">
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 60%">

<tr style="line-height: normal; vertical-align: bottom">
   <td style="border-bottom: Black 1pt solid; vertical-align: bottom; width: 98%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Year
   Ended July 31</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center; vertical-align: bottom"></td>
   <td style="border-bottom: Black 1pt solid; vertical-align: bottom; width: 1%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Amortization</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 98%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2022</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">$427,013</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 98%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2023</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">$425,017</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 98%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2024</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">$394,396</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 98%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2025</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">$352,943</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 98%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">2026</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"><font style="font: x-small Times New Roman">$333,292</font></td></tr></table></div><span></span>
</td>
</tr>
</table>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for deferred charges.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Deferred charges during the financial peroid.</p></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143357246808">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>RELATED PARTY TRANSACTIONS (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionsAbstract', window );"><strong>Related Party Transactions [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_ScheduleOfRelatedPartyRentPaymentsAndExpenseTableTextBlock', window );">Schedule of Rent Payments and Expense</a></td>
<td class="text"><p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">Rent payments and expense relating to these two operating leases with Landlord follow:</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%">

<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="5" style="width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Rent
   Payments</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="5" style="width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Rent
   Expense</b></font></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Year
   Ended July 31</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Year
   Ended July 31</b></font></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="border-bottom: Black 1pt solid; width: 88%; white-space: nowrap; text-align: left"><font style="font: xx-small Times New Roman"><b>Property</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Jamaica Avenue at 169<sup>th </sup>Street </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">624,994</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">624,994</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,517,437</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,582,344</font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">504-506 Fulton Street </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">362,256</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">362,256</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">350,438</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">350,437</font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 88%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Total </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">987,250</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">987,250</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,867,875</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">1,932,781</font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock', window );">Schedule of Summarizes Assets and Liabilities Related</a></td>
<td class="text"><p style="text-indent: 15pt; text-align: justify"><font style="font: x-small Times New Roman">The following summarizes assets and liabilities related to these two leases:</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="line-height: 14pt; border-collapse: collapse; width: 100%">

<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 86%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="5" style="width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Right-Of-Use
   Assets</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="5" style="width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Liabilities</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="width: 86%; white-space: nowrap; text-align: left"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>July
   31</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="5" style="border-bottom: Black 1pt solid; width: 5%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>July
   31</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td></tr>
<tr style="line-height: normal; vertical-align: bottom">
   <td style="border-bottom: Black 1pt solid; width: 86%; white-space: nowrap; text-align: left"><font style="font: xx-small Times New Roman"><b>Property</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2021</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td colspan="2" style="border-bottom: Black 1pt solid; width: 2%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>2020</b></font></td>
   <td style="width: 1%; white-space: nowrap; text-align: center"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: center"><font style="font: xx-small Times New Roman"><b>Expiration
   Date</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 86%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Jamaica Avenue at 169<sup>th </sup>Street </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">12,842,642</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">13,190,809</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">4,959,450</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">5,084,505</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right">&#160;&#160;&#160;&#160;&#160;</td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><b>May
   31, 2030</b></font></td></tr>
<tr style="vertical-align: bottom">
   <td style="width: 86%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">504-506 Fulton Street </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,831,134</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,890,056</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">2,946,306</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 1pt solid; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">3,008,181</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman"><b>April
   30, 2031</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: Silver">
   <td style="width: 86%; white-space: nowrap; text-align: left"><font style="font: x-small Times New Roman">Total </font></td>
   <td style="width: 1%; white-space: nowrap; text-align: left"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">15,673,776</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">16,080,865</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">7,905,756</font></td>
   <td style="width: 1%; white-space: nowrap; text-align: right"></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">$</font></td>
   <td style="border-bottom: Black 2pt double; width: 1%; white-space: nowrap; text-align: right"><font style="font: x-small Times New Roman">8,092,686</font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_ScheduleOfRelatedPartyRentPaymentsAndExpenseTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of related party rent payments and expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_ScheduleOfRelatedPartyRentPaymentsAndExpenseTableTextBlock</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RelatedPartyTransactionsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RelatedPartyTransactionsAbstract</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143344188856">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AllowanceForDoubtfulAccountsReceivable', window );">Allowance for Expected uncollectible receivables</a></td>
<td class="nump">$ 318,000<span></span>
</td>
<td class="nump">$ 82,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic', window );">Weighted average number of shares outstanding, basic (in shares)</a></td>
<td class="nump">2,015,780<span></span>
</td>
<td class="nump">2,015,780<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LeaseExpirationDate1', window );">Additional Lease term</a></td>
<td class="text">Jul. 31,  2030<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_OperatingLeaseRightOfUseAssetGross', window );">Operating lease right-of-use assets</a></td>
<td class="nump">$ 27,100,000<span></span>
</td>
<td class="nump">$ 39,464,411<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_OperatingLeaseLiabilityGross', window );">Operating lease liabilities</a></td>
<td class="nump">$ 17,900,000<span></span>
</td>
<td class="nump">30,222,981<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LesseeOperatingLeaseDiscountRate', window );">Incremental borrowing rate</a></td>
<td class="nump">3.88%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_BuildingAndImprovementsNetOfAccumulatedDepreciation', window );">Building and improvements net of accumulated depreciation</a></td>
<td class="nump">$ 10,200,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccruedRentNoncurrent', window );">Accrued rent</a></td>
<td class="nump">950,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_RentAbatements', window );">Rent abatements</a></td>
<td class="nump">22,628<span></span>
</td>
<td class="nump">433,517<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_AmountOfDeferrals', window );">Amount of Deferrals</a></td>
<td class="nump">245,000<span></span>
</td>
<td class="nump">459,429<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_FishkillNYBuildingMember', window );">Fishkill, New York building [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_RenovationsAndImprovementsExpense', window );">Renovations and improvements expense</a></td>
<td class="nump">1,194,351<span></span>
</td>
<td class="nump">5,382,193<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_JoweinBuildingInBrooklynNYMember', window );">Jowein building in Brooklyn, New York [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_RenovationsAndImprovementsExpense', window );">Renovations and improvements expense</a></td>
<td class="nump">673,867<span></span>
</td>
<td class="nump">221,442<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_JamaicaNYbuildingMember', window );">Jamaica, New York building [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_RenovationsAndImprovementsExpense', window );">Renovations and improvements expense</a></td>
<td class="nump">$ 241,241<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_JamaicaBuildingMember', window );">Jamaica building [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_RenovationsAndImprovementsExpense', window );">Renovations and improvements expense</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">443,881<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_NineBondBuildingInBrooklynNYMember', window );">9 Bond Street building in Brooklyn, New York [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_RenovationsAndImprovementsExpense', window );">Renovations and improvements expense</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 289,699<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RangeAxis=srt_MinimumMember', window );">Minimum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DeferredChargesAmortizationPeriod', window );">Deferred charges amortization period</a></td>
<td class="text">1 year<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RangeAxis=srt_MaximumMember', window );">Maximum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DeferredChargesAmortizationPeriod', window );">Deferred charges amortization period</a></td>
<td class="text">21 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_AmountOfDeferrals">
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of Deferrals</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_AmountOfDeferrals</td>
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<tr>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_BuildingAndImprovementsNetOfAccumulatedDepreciation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Building and improvements net of accumulated depreciation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_BuildingAndImprovementsNetOfAccumulatedDepreciation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DeferredChargesAmortizationPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amortization period of deferred charges during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DeferredChargesAmortizationPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_OperatingLeaseLiabilityGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Initial recognition of operating lease liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_OperatingLeaseLiabilityGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_OperatingLeaseRightOfUseAssetGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Initial recognition of operating lease right-of-use assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_OperatingLeaseRightOfUseAssetGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_RenovationsAndImprovementsExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Renovations and improvements expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_RenovationsAndImprovementsExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_RentAbatements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Rent abatements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_RentAbatements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccruedRentNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Carrying value as of the balance sheet date of obligations incurred through that date and due after one year (or beyond the operating cycle if longer) for contractual rent under lease arrangements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.24)<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccruedRentNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AllowanceForDoubtfulAccountsReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of allowance for credit loss on accounts receivable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 326<br> -SubTopic 20<br> -Section 50<br> -Paragraph 13<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=124255953&amp;loc=SL82919249-210447<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=123577603&amp;loc=d3e5074-111524<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 326<br> -SubTopic 20<br> -Section 50<br> -Paragraph 13<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=124255953&amp;loc=SL82919249-210447<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 326<br> -SubTopic 20<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=124255206&amp;loc=SL82895884-210446<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AllowanceForDoubtfulAccountsReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LeaseExpirationDate1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Date which lease or group of leases is set to expire, in YYYY-MM-DD format.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LeaseExpirationDate1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LesseeOperatingLeaseDiscountRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Discount rate used by lessee to determine present value of operating lease payments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (c)(3)<br> -URI http://asc.fasb.org/extlink&amp;oid=123408670&amp;loc=SL77918673-209980<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LesseeOperatingLeaseDiscountRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=124432515&amp;loc=d3e3550-109257<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 260<br> -SubTopic 10<br> -Section 45<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=125511455&amp;loc=d3e1448-109256<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_WeightedAverageNumberOfSharesOutstandingBasic</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_FishkillNYBuildingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_FishkillNYBuildingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_JoweinBuildingInBrooklynNYMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_JoweinBuildingInBrooklynNYMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_JamaicaNYbuildingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_JamaicaNYbuildingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_JamaicaBuildingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_JamaicaBuildingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_NineBondBuildingInBrooklynNYMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_NineBondBuildingInBrooklynNYMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_RangeAxis=srt_MinimumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_RangeAxis=srt_MinimumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_RangeAxis=srt_MaximumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_RangeAxis=srt_MaximumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>46
<FILENAME>R32.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143268951096">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Financial Assets Measured at Fair Value on Recurring Basis) (Details) - USD ($)<br></strong></div></th>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtSecurities', window );">Marketable securities - available-for-sale</a></td>
<td class="nump">$ 3,901,093<span></span>
</td>
<td class="nump">$ 3,744,905<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member', window );">Fair Value, Inputs, Level 1 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtSecurities', window );">Marketable securities - available-for-sale</a></td>
<td class="nump">3,901,093<span></span>
</td>
<td class="nump">3,744,905<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member', window );">Fair Value, Inputs, Level 2 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtSecurities', window );">Marketable securities - available-for-sale</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member', window );">Fair Value, Inputs, Level 3 [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems', window );"><strong>Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtSecurities', window );">Marketable securities - available-for-sale</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(6))<br> -URI http://asc.fasb.org/extlink&amp;oid=120398452&amp;loc=d3e534808-122878<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 326<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=124258926&amp;loc=SL82898722-210454<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=124260329&amp;loc=d3e26610-111562<br><br>Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (aa)<br> -URI http://asc.fasb.org/extlink&amp;oid=123581744&amp;loc=d3e27161-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>47
<FILENAME>R33.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143343531928">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Allowance For Uncollectible Receivables) (Details) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts, Notes, Loans and Financing Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AllowanceForDoubtfulAccountsReceivable', window );">Beginning balance</a></td>
<td class="nump">$ 82,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AllowanceForDoubtfulAccountsReceivable', window );">Ending Balance</a></td>
<td class="nump">318,000<span></span>
</td>
<td class="nump">$ 82,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConcentrationRiskByBenchmarkAxis=us-gaap_AccountsReceivableMember', window );">Allowance for Uncollectible Accounts Receivable [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts, Notes, Loans and Financing Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AllowanceForDoubtfulAccountsReceivable', window );">Beginning balance</a></td>
<td class="nump">82,000<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AllowanceForDoubtfulAccountsReceivableWriteOffs', window );">Charge-offs</a></td>
<td class="nump">254,000<span></span>
</td>
<td class="nump">423,232<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AllowanceForDoubtfulAccountsReceivableRecoveries', window );">Recoveries</a></td>
<td class="num">(18,000)<span></span>
</td>
<td class="num">(91,840)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_Covid19RentAbatementsReclassifiedToReduceRentalIncome', window );">Rent Abatements reclassified to reduce rental income</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(249,392)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AllowanceForDoubtfulAccountsReceivable', window );">Ending Balance</a></td>
<td class="nump">318,000<span></span>
</td>
<td class="nump">82,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConcentrationRiskByBenchmarkAxis=mays_BadDebtExpenseMember', window );">Bad Debt Expense [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsNotesAndLoansReceivableLineItems', window );"><strong>Accounts, Notes, Loans and Financing Receivable [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AllowanceForDoubtfulAccountsReceivable', window );">Beginning balance</a></td>
<td class="nump">255,060<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AllowanceForDoubtfulAccountsReceivableWriteOffs', window );">Charge-offs</a></td>
<td class="nump">236,000<span></span>
</td>
<td class="nump">596,292<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AllowanceForDoubtfulAccountsReceivableRecoveries', window );">Recoveries</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(91,840)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_Covid19RentAbatementsReclassifiedToReduceRentalIncome', window );">Rent Abatements reclassified to reduce rental income</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(249,392)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AllowanceForDoubtfulAccountsReceivable', window );">Ending Balance</a></td>
<td class="nump">$ 236,000<span></span>
</td>
<td class="nump">$ 255,060<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_Covid19RentAbatementsReclassifiedToReduceRentalIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>COVID 19 rent abatements reclassified to reduce rental income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_Covid19RentAbatementsReclassifiedToReduceRentalIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsNotesAndLoansReceivableLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccountsNotesAndLoansReceivableLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AllowanceForDoubtfulAccountsReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of allowance for credit loss on accounts receivable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 326<br> -SubTopic 20<br> -Section 50<br> -Paragraph 13<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=124255953&amp;loc=SL82919249-210447<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 310<br> -SubTopic 10<br> -Section 50<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=123577603&amp;loc=d3e5074-111524<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 326<br> -SubTopic 20<br> -Section 50<br> -Paragraph 13<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=124255953&amp;loc=SL82919249-210447<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 326<br> -SubTopic 20<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=124255206&amp;loc=SL82895884-210446<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AllowanceForDoubtfulAccountsReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AllowanceForDoubtfulAccountsReceivableRecoveries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase in allowance for credit loss on accounts receivable, from recovery.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 326<br> -SubTopic 20<br> -Section 50<br> -Paragraph 13<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=124255953&amp;loc=SL82919249-210447<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AllowanceForDoubtfulAccountsReceivableRecoveries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AllowanceForDoubtfulAccountsReceivableWriteOffs">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of direct write-downs of accounts receivable charged against the allowance.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 326<br> -SubTopic 20<br> -Section 50<br> -Paragraph 13<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=124255953&amp;loc=SL82919249-210447<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AllowanceForDoubtfulAccountsReceivableWriteOffs</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ConcentrationRiskByBenchmarkAxis=us-gaap_AccountsReceivableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ConcentrationRiskByBenchmarkAxis=us-gaap_AccountsReceivableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ConcentrationRiskByBenchmarkAxis=mays_BadDebtExpenseMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ConcentrationRiskByBenchmarkAxis=mays_BadDebtExpenseMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
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<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143267488152">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Property and Equipment Depreciation and Amortization Period) (Details)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Jul. 31, 2021</div></th></tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_BuildingImprovementsMember', window );">Buildings and improvements [Member] | Minimum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentLineItems', window );"><strong>Property, Plant and Equipment [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentUsefulLife', window );">Useful life</a></td>
<td class="text">18 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_BuildingImprovementsMember', window );">Buildings and improvements [Member] | Maximum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentLineItems', window );"><strong>Property, Plant and Equipment [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentUsefulLife', window );">Useful life</a></td>
<td class="text">40 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_LeaseholdImprovementsMember', window );">Improvements to leased property [Member] | Minimum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentLineItems', window );"><strong>Property, Plant and Equipment [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentUsefulLife', window );">Useful life</a></td>
<td class="text">3 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_LeaseholdImprovementsMember', window );">Improvements to leased property [Member] | Maximum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentLineItems', window );"><strong>Property, Plant and Equipment [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentUsefulLife', window );">Useful life</a></td>
<td class="text">10 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_FurnitureAndFixturesMember', window );">Fixtures and equipment [Member] | Minimum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentLineItems', window );"><strong>Property, Plant and Equipment [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentUsefulLife', window );">Useful life</a></td>
<td class="text">7 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_FurnitureAndFixturesMember', window );">Fixtures and equipment [Member] | Maximum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentLineItems', window );"><strong>Property, Plant and Equipment [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentUsefulLife', window );">Useful life</a></td>
<td class="text">12 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_OtherCapitalizedPropertyPlantAndEquipmentMember', window );">Other [Member] | Minimum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentLineItems', window );"><strong>Property, Plant and Equipment [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentUsefulLife', window );">Useful life</a></td>
<td class="text">3 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_OtherCapitalizedPropertyPlantAndEquipmentMember', window );">Other [Member] | Maximum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentLineItems', window );"><strong>Property, Plant and Equipment [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentUsefulLife', window );">Useful life</a></td>
<td class="text">5 years<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentUsefulLife">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Useful life of long lived, physical assets used in the normal conduct of business and not intended for resale, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Examples include, but not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentUsefulLife</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_BuildingImprovementsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_BuildingImprovementsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_RangeAxis=srt_MinimumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_RangeAxis=srt_MinimumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_RangeAxis=srt_MaximumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_RangeAxis=srt_MaximumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_LeaseholdImprovementsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_LeaseholdImprovementsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_FurnitureAndFixturesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_FurnitureAndFixturesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_OtherCapitalizedPropertyPlantAndEquipmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_OtherCapitalizedPropertyPlantAndEquipmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>49
<FILENAME>R35.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<html>
<head>
<title></title>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143344177128">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>MARKETABLE SECURITIES (Schedule of Classified Marketable Securities) (Details) - USD ($)<br></strong></div></th>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtSecurities', window );">Fair Value</a></td>
<td class="nump">$ 3,901,093<span></span>
</td>
<td class="nump">$ 3,744,905<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax', window );">Gross Unrealized Gains</a></td>
<td class="nump">1,560,263<span></span>
</td>
<td class="nump">1,120,074<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax', window );">Gross Unrealized Losses</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">5,937<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis', window );">Cost</a></td>
<td class="nump">2,340,830<span></span>
</td>
<td class="nump">2,630,768<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialInstrumentAxis=us-gaap_MutualFundMember', window );">Mutual Fund [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtSecurities', window );">Fair Value</a></td>
<td class="nump">1,604,841<span></span>
</td>
<td class="nump">1,374,557<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax', window );">Gross Unrealized Gains</a></td>
<td class="nump">619,972<span></span>
</td>
<td class="nump">297,064<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax', window );">Gross Unrealized Losses</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis', window );">Cost</a></td>
<td class="nump">984,869<span></span>
</td>
<td class="nump">1,077,493<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FinancialInstrumentAxis=mays_CorporateEquitySecuritiesMember', window );">Corporate Equity Securities [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtSecurities', window );">Fair Value</a></td>
<td class="nump">2,296,252<span></span>
</td>
<td class="nump">2,370,348<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax', window );">Gross Unrealized Gains</a></td>
<td class="nump">940,291<span></span>
</td>
<td class="nump">823,010<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax', window );">Gross Unrealized Losses</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">5,937<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis', window );">Cost</a></td>
<td class="nump">$ 1,355,961<span></span>
</td>
<td class="nump">$ 1,553,275<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, before tax, of unrealized gain in accumulated other comprehensive income (AOCI) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123581744&amp;loc=d3e27161-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, before tax, of unrealized loss in accumulated other comprehensive income (AOCI) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=123581744&amp;loc=d3e27161-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123581744&amp;loc=d3e27161-111563<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 326<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=124258926&amp;loc=SL82898722-210454<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AvailableForSaleSecuritiesDebtSecurities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(6))<br> -URI http://asc.fasb.org/extlink&amp;oid=120398452&amp;loc=d3e534808-122878<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 326<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=124258926&amp;loc=SL82898722-210454<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=124260329&amp;loc=d3e26610-111562<br><br>Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (aa)<br> -URI http://asc.fasb.org/extlink&amp;oid=123581744&amp;loc=d3e27161-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtSecurities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialInstrumentAxis=us-gaap_MutualFundMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialInstrumentAxis=us-gaap_MutualFundMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FinancialInstrumentAxis=mays_CorporateEquitySecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FinancialInstrumentAxis=mays_CorporateEquitySecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
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</div>
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</html>
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</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>50
<FILENAME>R36.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143336555592">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>MARKETABLE SECURITIES (Schedule of Investment Income) (Details) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract', window );"><strong>Investments, Debt and Equity Securities [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentIncomeInterest', window );">Interest income</a></td>
<td class="nump">$ 850<span></span>
</td>
<td class="nump">$ 20,446<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentIncomeDividend', window );">Dividend income</a></td>
<td class="nump">98,915<span></span>
</td>
<td class="nump">96,569<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MarketableSecuritiesGainLoss', window );">Gain on sale of marketable securities</a></td>
<td class="nump">73,783<span></span>
</td>
<td class="nump">28,546<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentIncomeNet', window );">Total</a></td>
<td class="nump">$ 173,548<span></span>
</td>
<td class="nump">$ 145,561<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentIncomeDividend">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of dividend income on nonoperating securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.7(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=123367319&amp;loc=SL114868664-224227<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentIncomeDividend</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentIncomeInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.7(b))<br> -URI http://asc.fasb.org/extlink&amp;oid=123367319&amp;loc=SL114868664-224227<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 22<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=123359005&amp;loc=d3e8736-108599<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentIncomeInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentIncomeNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after accretion (amortization) of discount (premium), and investment expense, of interest income and dividend income on nonoperating securities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.7(a),(b))<br> -URI http://asc.fasb.org/extlink&amp;oid=123367319&amp;loc=SL114868664-224227<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.8)<br> -URI http://asc.fasb.org/extlink&amp;oid=123367319&amp;loc=SL114868664-224227<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentIncomeNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MarketableSecuritiesGainLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of unrealized and realized gain (loss) on investment in marketable security, including other-than-temporary impairment (OTTI).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MarketableSecuritiesGainLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>51
<FILENAME>R37.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143264381240">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>LONG-TERM DEBT-MORTGAGES (Narrative) (Details) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">1 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Mar. 31, 2020</div></th>
<th class="th"><div>Nov. 30, 2019</div></th>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentFaceAmount', window );">Debt instrument face amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">$ 5,255,920<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCollateralAmount', window );">Carrying value of properties collateralizing debt</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 33,528,932<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=mays_BondSt.LandAndBuildingBrooklynNYMember', window );">Bond St. land and building, Brooklyn, NY [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentFaceAmount', window );">Debt instrument face amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 5,255,920<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_AdditionalMortgageLoansForCapitalImprovements', window );">Additional loans</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">144,080<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentCarryingAmount', window );">Amount outstanding</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 5,400,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentTerm', window );">Term of loan</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">5 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateEffectivePercentage', window );">Interest rate, percent</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4.375%<span></span>
</td>
<td class="nump">4.375%<span></span>
</td>
<td class="nump">4.375%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=mays_BondSt.LandAndBuildingBrooklynNYMember', window );">Bond St. land and building, Brooklyn, NY [Member] | Another Bank [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentFaceAmount', window );">Debt instrument face amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 6,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateEffectivePercentage', window );">Interest rate, percent</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3.54%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=mays_FishkillNewYorkPropertyMember', window );">Fishkill, New York Property [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentLineItems', window );"><strong>Debt Instrument [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentFaceAmount', window );">Debt instrument face amount</a></td>
<td class="nump">$ 4,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentTerm', window );">Term of loan</a></td>
<td class="text">20 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DebtInstrumentMaturityPeriod', window );">Maturity period of loan</a></td>
<td class="text">5 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateEffectivePercentage', window );">Interest rate, percent</a></td>
<td class="nump">3.98%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3.98%<span></span>
</td>
<td class="nump">3.98%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_AdditionalMortgageLoansForCapitalImprovements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The value for additional mortgage loan for capital improvements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_AdditionalMortgageLoansForCapitalImprovements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DebtInstrumentMaturityPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Maturity period of loan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DebtInstrumentMaturityPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentCarryingAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 4<br> -Subparagraph (b)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466204&amp;loc=SL6031897-161870<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=120400017&amp;loc=d3e572229-122910<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=120398452&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentCarryingAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentCollateralAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of assets pledged to secure a debt instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 470<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=123599511&amp;loc=d3e64711-112823<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentCollateralAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentFaceAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Face (par) amount of debt instrument at time of issuance.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1B<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495323-112611<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=124435984&amp;loc=d3e28551-108399<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 55<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=114775985&amp;loc=d3e28878-108400<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=124429444&amp;loc=SL124452920-239629<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 55<br> -Paragraph 69C<br> -URI http://asc.fasb.org/extlink&amp;oid=123466577&amp;loc=SL123495737-112612<br><br>Reference 6: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 55<br> -Paragraph 69B<br> -URI http://asc.fasb.org/extlink&amp;oid=123466577&amp;loc=SL123495735-112612<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentFaceAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentInterestRateEffectivePercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466204&amp;loc=SL6036836-161870<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=124435984&amp;loc=d3e28551-108399<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=124429444&amp;loc=SL124452920-239629<br><br>Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22(a)(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentInterestRateEffectivePercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentTerm">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentTerm</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=mays_BondSt.LandAndBuildingBrooklynNYMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=mays_BondSt.LandAndBuildingBrooklynNYMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentAxis=mays_AnotherBankMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143343430088">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>LONG-TERM DEBT - MORTGAGES (Schedule of Long-term Debt) (Details) - USD ($)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
<th class="th"><div>Mar. 31, 2020</div></th>
<th class="th"><div>Nov. 30, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentsAbstract', window );"><strong>Mortgage:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredFinanceCostsNet', window );">Less: Deferred financing costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">$ (130,855)<span></span>
</td>
<td class="num">$ (168,967)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LoansPayableToBank', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">$ 7,518,777<span></span>
</td>
<td class="nump">$ 8,627,965<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=mays_BondSt.LandAndBuildingBrooklynNYMember', window );">Bond St. land and building, Brooklyn, NY [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentsAbstract', window );"><strong>Mortgage:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateEffectivePercentage', window );">Current Annual Interest Rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4.375%<span></span>
</td>
<td class="nump">4.375%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4.375%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentMaturityDate', window );">Final Payment Date</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Dec.  01,  2024<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_AggregateLongTermLoan', window );">Long term loan</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">$ 3,817,450<span></span>
</td>
<td class="nump">$ 4,829,832<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=mays_FishkillNewYorkPropertyMember', window );">Fishkill, New York Property [Member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentsAbstract', window );"><strong>Mortgage:</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateEffectivePercentage', window );">Current Annual Interest Rate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3.98%<span></span>
</td>
<td class="nump">3.98%<span></span>
</td>
<td class="nump">3.98%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentMaturityDate', window );">Final Payment Date</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Apr.  01,  2025<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_AggregateLongTermLoan', window );">Long term loan</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">$ 3,832,182<span></span>
</td>
<td class="nump">$ 3,967,100<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr><td colspan="5"></td></tr>
<tr><td colspan="5"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">In November 2019, the Company refinanced the remaining balance of a $6,000,000, 3.54% interest rate loan with another bank for $5,255,920 plus an additional $144,080 for a total of $5,400,000. The interest rate on the new loan is fixed at 4.375%. The loan is self-liquidating over a period of five years and secured by the Nine Bond Street land and building in Brooklyn, New York.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">In March 2020, the Company obtained a loan with a bank in the amount of $4,000,000 to finance renovations and brokerage commissions relating to space leased to a community college at the Fishkill, New York building. The loan is secured by the Fishkill, New York land and building; amortized over a 20-year period with an interest rate of 3.98% and is due in five years.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Total carrying value of long term loan before deferred financing costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_AggregateLongTermLoan</td>
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<td>xbrli:monetaryItemType</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466204&amp;loc=SL6036836-161870<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=124435984&amp;loc=d3e28551-108399<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=124429444&amp;loc=SL124452920-239629<br><br>Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22(a)(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentMaturityDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Date when the debt instrument is scheduled to be fully repaid, in YYYY-MM-DD format.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22(a)(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1B<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495323-112611<br><br>Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (bbb)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=123874694&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<td><strong> Period Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentsAbstract</td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredFinanceCostsNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.17)<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1D<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495340-112611<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 45<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=124435984&amp;loc=d3e28555-108399<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredFinanceCostsNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LoansPayableToBank">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Including the current and noncurrent portions, carrying value as of the balance sheet date of loans from a bank with maturities initially due after one year or beyond the normal operating cycle if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(16)(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=120400017&amp;loc=d3e572229-122910<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=120398452&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143370318984">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>LONG-TERM DEBT - MORTGAGES (Schedule of Maturities of long-term Mortgage and Term Loan Payable Outstanding) (Details) - USD ($)<br></strong></div></th>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtDisclosureAbstract', window );"><strong>Debt Disclosure [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths', window );">2022</a></td>
<td class="nump">$ 1,198,600<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo', window );">2023</a></td>
<td class="nump">1,252,196<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree', window );">2024</a></td>
<td class="nump">1,308,071<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour', window );">2025</a></td>
<td class="nump">3,890,765<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebt', window );">Subtotal</a></td>
<td class="nump">7,649,632<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredFinanceCostsNet', window );">Deferred financing costs</a></td>
<td class="num">(130,855)<span></span>
</td>
<td class="num">$ (168,967)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LoansPayableToBank', window );">Total</a></td>
<td class="nump">$ 7,518,777<span></span>
</td>
<td class="nump">$ 8,627,965<span></span>
</td>
</tr>
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<div style="display: none;">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.17)<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1D<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495340-112611<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 45<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=124435984&amp;loc=d3e28555-108399<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Including the current and noncurrent portions, carrying value as of the balance sheet date of loans from a bank with maturities initially due after one year or beyond the normal operating cycle if longer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(16)(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=120400017&amp;loc=d3e572229-122910<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=120398452&amp;loc=d3e534808-122878<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 4<br> -Subparagraph (b)(3)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466204&amp;loc=SL6031897-161870<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 55<br> -Paragraph 69C<br> -URI http://asc.fasb.org/extlink&amp;oid=123466577&amp;loc=SL123495737-112612<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=120400017&amp;loc=d3e572229-122910<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 55<br> -Paragraph 69B<br> -URI http://asc.fasb.org/extlink&amp;oid=123466577&amp;loc=SL123495735-112612<br><br>Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(16))<br> -URI http://asc.fasb.org/extlink&amp;oid=120398452&amp;loc=d3e534808-122878<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1D<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495340-112611<br><br>Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(22))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebt</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of long-term debt payable, sinking fund requirement, and other securities issued that are redeemable by holder at fixed or determinable price and date, maturing in next fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1E<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495348-112611<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-04(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=120395691&amp;loc=d3e24072-122690<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=123465755&amp;loc=d3e1835-112601<br></p></div>
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<tr>
<td><strong> Name:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of long-term debt payable, sinking fund requirement, and other securities issued that are redeemable by holder at fixed or determinable price and date, maturing in fourth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1E<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495348-112611<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=123465755&amp;loc=d3e1835-112601<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-04(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=120395691&amp;loc=d3e24072-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of long-term debt payable, sinking fund requirement, and other securities issued that are redeemable by holder at fixed or determinable price and date, maturing in third fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1E<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495348-112611<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-04(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=120395691&amp;loc=d3e24072-122690<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=123465755&amp;loc=d3e1835-112601<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of long-term debt payable, sinking fund requirement, and other securities issued that are redeemable by holder at fixed or determinable price and date, maturing in second fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1E<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495348-112611<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 3<br> -Subparagraph (SX 210.12-04(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=120395691&amp;loc=d3e24072-122690<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=123465755&amp;loc=d3e1835-112601<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<td style="white-space:nowrap;">us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo</td>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143268949752">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>NOTE PAYABLE (Details) - USD ($)<br></strong></div></th>
<th class="th" colspan="1">1 Months Ended</th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>May 26, 2021</div></th>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
<th class="th"><div>Apr. 30, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentFaceAmount', window );">Debt instrument face amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">$ 5,255,920<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GainsLossesOnExtinguishmentOfDebt', window );">Extinguishment of debt income</a></td>
<td class="nump">$ 722,726<span></span>
</td>
<td class="nump">$ 722,726<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=mays_SmallBusinessAdministrationLoanMember', window );">SBA Loan [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentFaceAmount', window );">Debt instrument face amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 722,726<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentInterestRateEffectivePercentage', window );">Current Annual Interest Rate</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0.98%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentMaturityDate', window );">Final Payment Date</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">Jul. 31,  2021<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Face (par) amount of debt instrument at time of issuance.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1B<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495323-112611<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=124435984&amp;loc=d3e28551-108399<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 55<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=114775985&amp;loc=d3e28878-108400<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=124429444&amp;loc=SL124452920-239629<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 55<br> -Paragraph 69C<br> -URI http://asc.fasb.org/extlink&amp;oid=123466577&amp;loc=SL123495737-112612<br><br>Reference 6: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 55<br> -Paragraph 69B<br> -URI http://asc.fasb.org/extlink&amp;oid=123466577&amp;loc=SL123495735-112612<br></p></div>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466204&amp;loc=SL6036836-161870<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=124435984&amp;loc=d3e28551-108399<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=124429444&amp;loc=SL124452920-239629<br><br>Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22(a)(1))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentInterestRateEffectivePercentage</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Period Type:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Date when the debt instrument is scheduled to be fully repaid, in YYYY-MM-DD format.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.22(a)(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1B<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495323-112611<br><br>Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 820<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (bbb)(2)<br> -URI http://asc.fasb.org/extlink&amp;oid=123874694&amp;loc=d3e19207-110258<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 50<br> -Section 40<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=123467658&amp;loc=d3e12355-112629<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 50<br> -Section 40<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=123467658&amp;loc=d3e12317-112629<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<td><strong> Balance Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=mays_SmallBusinessAdministrationLoanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>55
<FILENAME>R41.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
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</head>
<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143358359112">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>OPERATING LEASES (Narrative) (Details)<br></strong></div></th>
<th class="th"><div>Jul. 31, 2021</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorLeaseDescriptionLineItems', window );"><strong>Lessor, Lease, Description [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1', window );">Weighted-average remaining lease term - operating leases</a></td>
<td class="text">17 years 4 months 13 days<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent', window );">Weighted-average discount rate - operating leases</a></td>
<td class="nump">2.87%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RangeAxis=srt_MinimumMember', window );">Minimum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorLeaseDescriptionLineItems', window );"><strong>Lessor, Lease, Description [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LesseeOperatingLeaseRenewalTerm', window );">Operating leases extended period</a></td>
<td class="text">5 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RangeAxis=srt_MaximumMember', window );">Maximum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorLeaseDescriptionLineItems', window );"><strong>Lessor, Lease, Description [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LesseeOperatingLeaseRenewalTerm', window );">Operating leases extended period</a></td>
<td class="text">49 years<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LesseeOperatingLeaseRenewalTerm">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Term of lessee's operating lease renewal, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (a)(3)<br> -URI http://asc.fasb.org/extlink&amp;oid=123408670&amp;loc=SL77918673-209980<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LesseeOperatingLeaseRenewalTerm</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LessorLeaseDescriptionLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LessorLeaseDescriptionLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Weighted average discount rate for operating lease calculated at point in time.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 50<br> -Paragraph 4<br> -Subparagraph (g)(4)<br> -URI http://asc.fasb.org/extlink&amp;oid=123408670&amp;loc=SL77918686-209980<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 55<br> -Paragraph 53<br> -URI http://asc.fasb.org/extlink&amp;oid=123414884&amp;loc=SL77918982-209971<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Weighted average remaining lease term for operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 55<br> -Paragraph 53<br> -URI http://asc.fasb.org/extlink&amp;oid=123414884&amp;loc=SL77918982-209971<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 50<br> -Paragraph 4<br> -Subparagraph (g)(3)<br> -URI http://asc.fasb.org/extlink&amp;oid=123408670&amp;loc=SL77918686-209980<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_RangeAxis=srt_MinimumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_RangeAxis=srt_MinimumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_RangeAxis=srt_MaximumMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_RangeAxis=srt_MaximumMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>56
<FILENAME>R42.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143336599624">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>OPERATING LEASES (Schedule of Revenues by Lease and Non-Lease Components) (Details) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LeasesAbstract', window );"><strong>Leases [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_OperatingLeaseBaseLeaseRentFixed', window );">Base rent - fixed</a></td>
<td class="nump">$ 18,355,925<span></span>
</td>
<td class="nump">$ 17,392,398<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_OperatingLeaseReimbursementsOfCommonAreaCosts', window );">Reimbursements of common area costs</a></td>
<td class="nump">751,618<span></span>
</td>
<td class="nump">781,119<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_OperatingLeaseNonleaseComponentsRealEstateTaxes', window );">Non-lease components (real estate taxes)</a></td>
<td class="nump">1,105,336<span></span>
</td>
<td class="nump">1,358,329<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseLeaseIncome', window );">Rental income</a></td>
<td class="nump">$ 20,212,879<span></span>
</td>
<td class="nump">$ 19,531,846<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_OperatingLeaseBaseLeaseRentFixed">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Base rent - fixed.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_OperatingLeaseBaseLeaseRentFixed</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_OperatingLeaseNonleaseComponentsRealEstateTaxes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Non-lease components (real estate taxes).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_OperatingLeaseNonleaseComponentsRealEstateTaxes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_OperatingLeaseReimbursementsOfCommonAreaCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Reimbursements of common area costs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_OperatingLeaseReimbursementsOfCommonAreaCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LeasesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LeasesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeaseLeaseIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of operating lease income from lease payments and variable lease payments paid and payable to lessor. Includes, but is not limited to, variable lease payments not included in measurement of lease receivable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 50<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=124258985&amp;loc=SL77919372-209981<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 45<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=123420820&amp;loc=SL77919311-209978<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 270<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6A<br> -URI http://asc.fasb.org/extlink&amp;oid=124502072&amp;loc=SL77927221-108306<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeaseLeaseIncome</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
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<td>duration</td>
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<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143263965400">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>OPERATING LEASES (Schedule of Rental Income) (Details) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasedAssetsLineItems', window );"><strong>Operating Leased Assets [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseLeaseIncomeLeasePayments', window );">Minimum rentals</a></td>
<td class="nump">$ 18,355,925<span></span>
</td>
<td class="nump">$ 17,392,398<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseVariableLeaseIncome', window );">Contingent rentals</a></td>
<td class="nump">1,856,954<span></span>
</td>
<td class="nump">2,139,448<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseLeaseIncome', window );">Rental income</a></td>
<td class="nump">20,212,879<span></span>
</td>
<td class="nump">19,531,846<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_CompanyOwnedPropertyMember', window );">Company Owned Property [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasedAssetsLineItems', window );"><strong>Operating Leased Assets [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseLeaseIncomeLeasePayments', window );">Minimum rentals</a></td>
<td class="nump">11,798,456<span></span>
</td>
<td class="nump">10,940,491<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseVariableLeaseIncome', window );">Contingent rentals</a></td>
<td class="nump">1,237,614<span></span>
</td>
<td class="nump">1,454,827<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_LeasedPropertyMember', window );">Leased Property [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeasedAssetsLineItems', window );"><strong>Operating Leased Assets [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseLeaseIncomeLeasePayments', window );">Minimum rentals</a></td>
<td class="nump">6,557,469<span></span>
</td>
<td class="nump">6,451,907<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseVariableLeaseIncome', window );">Contingent rentals</a></td>
<td class="nump">$ 619,340<span></span>
</td>
<td class="nump">$ 684,621<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeaseLeaseIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of operating lease income from lease payments and variable lease payments paid and payable to lessor. Includes, but is not limited to, variable lease payments not included in measurement of lease receivable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 50<br> -Paragraph 5<br> -URI http://asc.fasb.org/extlink&amp;oid=124258985&amp;loc=SL77919372-209981<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 45<br> -Paragraph 3<br> -URI http://asc.fasb.org/extlink&amp;oid=123420820&amp;loc=SL77919311-209978<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 270<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6A<br> -URI http://asc.fasb.org/extlink&amp;oid=124502072&amp;loc=SL77927221-108306<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeaseLeaseIncome</td>
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<td>credit</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of operating lease income from lease payments paid and payable to lessor. Excludes variable lease payments not included in measurement of lease receivable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 270<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6A<br> -URI http://asc.fasb.org/extlink&amp;oid=124502072&amp;loc=SL77927221-108306<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=124258985&amp;loc=SL77919372-209981<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeaseLeaseIncomeLeasePayments</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>xbrli:monetaryItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeaseVariableLeaseIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of operating lease income from variable lease payments paid and payable to lessor, excluding amount included in measurement of lease receivable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 270<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6A<br> -URI http://asc.fasb.org/extlink&amp;oid=124502072&amp;loc=SL77927221-108306<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=124258985&amp;loc=SL77919372-209981<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeaseVariableLeaseIncome</td>
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<td><strong> Balance Type:</strong></td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_CompanyOwnedPropertyMember</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_LeasedPropertyMember</td>
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<DOCUMENT>
<TYPE>XML
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<FILENAME>R44.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143263839784">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>OPERATING LEASES (Schedule of Future Minimum Non-Cancelable Rental Income) (Details)<br></strong></div></th>
<th class="th">
<div>Jul. 31, 2021 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorLeaseDescriptionLineItems', window );"><strong>Lessor, Lease, Description [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths', window );">2022</a></td>
<td class="nump">$ 16,052,453<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedTwoYears', window );">2023</a></td>
<td class="nump">13,043,015<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedThreeYears', window );">2024</a></td>
<td class="nump">10,748,775<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedFourYears', window );">2025</a></td>
<td class="nump">9,995,077<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedFiveYears', window );">2026</a></td>
<td class="nump">9,011,548<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedThereafter', window );">After 2026</a></td>
<td class="nump">40,789,973<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorOperatingLeasePaymentsToBeReceived', window );">Total</a></td>
<td class="nump">99,640,841<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_CompanyOwnedPropertyMember', window );">Company Owned Property [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorLeaseDescriptionLineItems', window );"><strong>Lessor, Lease, Description [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths', window );">2022</a></td>
<td class="nump">11,118,307<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedTwoYears', window );">2023</a></td>
<td class="nump">9,790,555<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedThreeYears', window );">2024</a></td>
<td class="nump">7,779,932<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedFourYears', window );">2025</a></td>
<td class="nump">7,411,636<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedFiveYears', window );">2026</a></td>
<td class="nump">6,562,590<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedThereafter', window );">After 2026</a></td>
<td class="nump">33,453,204<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorOperatingLeasePaymentsToBeReceived', window );">Total</a></td>
<td class="nump">76,116,224<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_LeasedPropertyMember', window );">Leased Property [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorLeaseDescriptionLineItems', window );"><strong>Lessor, Lease, Description [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths', window );">2022</a></td>
<td class="nump">4,934,146<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedTwoYears', window );">2023</a></td>
<td class="nump">3,252,460<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedThreeYears', window );">2024</a></td>
<td class="nump">2,968,843<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedFourYears', window );">2025</a></td>
<td class="nump">2,583,441<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedFiveYears', window );">2026</a></td>
<td class="nump">2,448,958<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedThereafter', window );">After 2026</a></td>
<td class="nump">7,336,769<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LessorOperatingLeasePaymentsToBeReceived', window );">Total</a></td>
<td class="nump">$ 23,524,617<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LessorLeaseDescriptionLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LessorLeaseDescriptionLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LessorOperatingLeasePaymentsToBeReceived">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of lease payments to be received by lessor for operating lease.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=124258985&amp;loc=SL77919396-209981<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LessorOperatingLeasePaymentsToBeReceived</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedFiveYears">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of lease payment to be received by lessor for operating lease in fifth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=124258985&amp;loc=SL77919396-209981<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LessorOperatingLeasePaymentsToBeReceivedFiveYears</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedFourYears">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of lease payment to be received by lessor for operating lease in fourth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=124258985&amp;loc=SL77919396-209981<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LessorOperatingLeasePaymentsToBeReceivedFourYears</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of lease payment to be received by lessor for operating lease in next fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=124258985&amp;loc=SL77919396-209981<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedThereafter">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of lease payment to be received by lessor for operating lease after fifth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=124258985&amp;loc=SL77919396-209981<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LessorOperatingLeasePaymentsToBeReceivedThereafter</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedThreeYears">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of lease payment to be received by lessor for operating lease in third fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=124258985&amp;loc=SL77919396-209981<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LessorOperatingLeasePaymentsToBeReceivedThreeYears</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LessorOperatingLeasePaymentsToBeReceivedTwoYears">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of lease payment to be received by lessor for operating lease in second fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=124258985&amp;loc=SL77919396-209981<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LessorOperatingLeasePaymentsToBeReceivedTwoYears</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_CompanyOwnedPropertyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_CompanyOwnedPropertyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_LeasedPropertyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_LeasedPropertyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
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</html>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143338500936">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>OPERATING LEASES (Schedule of Effect of Operating Lease Right-of-Use Assets, Liabilities and Rent Expense) (Details) - USD ($)<br></strong></div></th>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
<th class="th"><div>Apr. 30, 2020</div></th>
<th class="th"><div>Jul. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LeasesAbstract', window );"><strong>Leases [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseRightOfUseAsset', window );">Operating Lease Right-of-Use-Asset</a></td>
<td class="nump">$ 34,566,169<span></span>
</td>
<td class="nump">$ 37,077,038<span></span>
</td>
<td class="nump">$ 37,698,819<span></span>
</td>
<td class="nump">$ 27,104,937<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseLiability', window );">Operating lease liabilities</a></td>
<td class="nump">$ 27,840,930<span></span>
</td>
<td class="nump">$ 29,044,966<span></span>
</td>
<td class="nump">29,326,365<span></span>
</td>
<td class="nump">17,863,507<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_MonthlyRentExpense', window );">Monthly Rent Expense</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 277,570<span></span>
</td>
<td class="nump">$ 249,955<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_MonthlyRentExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Monthly rent expense</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_MonthlyRentExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LeasesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LeasesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeaseLiability">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Present value of lessee's discounted obligation for lease payments from operating lease.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123391704&amp;loc=SL77918627-209977<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeaseLiability</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeaseRightOfUseAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of lessee's right to use underlying asset under operating lease.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123391704&amp;loc=SL77918627-209977<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeaseRightOfUseAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>60
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<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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</head>
<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143268659800">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>OPERATING LEASES (Schedule of Rental Expense) (Details) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LeasesAbstract', window );"><strong>Leases [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SubleaseIncome', window );">Sublease income</a></td>
<td class="nump">$ 7,176,809<span></span>
</td>
<td class="nump">$ 7,136,528<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseCost', window );">Operating lease cost</a></td>
<td class="num">(4,767,660)<span></span>
</td>
<td class="num">(4,517,273)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_SubleaseIncomeNetOfLeaseCost', window );">Excess of sublease income over lease cost</a></td>
<td class="nump">$ 2,409,149<span></span>
</td>
<td class="nump">$ 2,619,255<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_SubleaseIncomeNetOfLeaseCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Excess of sublease income over lease cost.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_SubleaseIncomeNetOfLeaseCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LeasesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LeasesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeaseCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of single lease cost, calculated by allocation of remaining cost of lease over remaining lease term. Includes, but is not limited to, single lease cost, after impairment of right-of-use asset, calculated by amortization of remaining right-of-use asset and accretion of lease liability.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 55<br> -Paragraph 53<br> -URI http://asc.fasb.org/extlink&amp;oid=123414884&amp;loc=SL77918982-209971<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 50<br> -Paragraph 4<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123408670&amp;loc=SL77918686-209980<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeaseCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SubleaseIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of sublease income excluding finance and operating lease expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 50<br> -Paragraph 4<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=123408670&amp;loc=SL77918686-209980<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 55<br> -Paragraph 53<br> -URI http://asc.fasb.org/extlink&amp;oid=123414884&amp;loc=SL77918982-209971<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SubleaseIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
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<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
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<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143336765256">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>OPERATING LEASES (Schedule of Additional Information Related to Leases) (Details) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LeaseCostAbstract', window );"><strong>Other information:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInOperatingLiabilities', window );">Operating cash flows from operating leases</a></td>
<td class="nump">$ 2,024,246<span></span>
</td>
<td class="nump">$ 1,931,545<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInOperatingLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) during the reporting period in the aggregate amount of liabilities that result from activities that generate operating income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3602-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncreaseDecreaseInOperatingLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LeaseCostAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LeaseCostAbstract</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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</div></td></tr>
</table>
</div>
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<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143343605240">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>OPERATING LEASES (Schedule of Undiscounted Cash Flows Operating Lease Liabilities) (Details) - USD ($)<br></strong></div></th>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
<th class="th"><div>Apr. 30, 2020</div></th>
<th class="th"><div>Jul. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LeasesAbstract', window );"><strong>Leases [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths', window );">2022</a></td>
<td class="nump">$ 2,116,363<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo', window );">2023</a></td>
<td class="nump">2,132,944<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree', window );">2024</a></td>
<td class="nump">2,150,128<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFour', window );">2025</a></td>
<td class="nump">2,167,284<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFive', window );">2026</a></td>
<td class="nump">2,223,672<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive', window );">Thereafter</a></td>
<td class="nump">25,327,631<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue', window );">Total undiscounted cash flows</a></td>
<td class="nump">36,118,022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount', window );">Less: present value discount</a></td>
<td class="num">(8,277,092)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseLiability', window );">Total Lease Liabilities</a></td>
<td class="nump">$ 27,840,930<span></span>
</td>
<td class="nump">$ 29,044,966<span></span>
</td>
<td class="nump">$ 29,326,365<span></span>
</td>
<td class="nump">$ 17,863,507<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LeasesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LeasesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of lessee's undiscounted obligation for lease payment for operating lease.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=123408670&amp;loc=SL77918701-209980<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of lessee's undiscounted obligation for lease payment for operating lease due after fifth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=123408670&amp;loc=SL77918701-209980<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of lessee's undiscounted obligation for lease payment for operating lease to be paid in next fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=123408670&amp;loc=SL77918701-209980<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFive">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of lessee's undiscounted obligation for lease payment for operating lease to be paid in fifth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=123408670&amp;loc=SL77918701-209980<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFive</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFour">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of lessee's undiscounted obligation for lease payment for operating lease to be paid in fourth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=123408670&amp;loc=SL77918701-209980<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFour</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of lessee's undiscounted obligation for lease payment for operating lease to be paid in third fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=123408670&amp;loc=SL77918701-209980<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of lessee's undiscounted obligation for lease payment for operating lease to be paid in second fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=123408670&amp;loc=SL77918701-209980<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of lessee's undiscounted obligation for lease payments in excess of discounted obligation for lease payments for operating lease.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=123408670&amp;loc=SL77918701-209980<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeaseLiability">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Present value of lessee's discounted obligation for lease payments from operating lease.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123391704&amp;loc=SL77918627-209977<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeaseLiability</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>63
<FILENAME>R49.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143343469912">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INCOME TAX (Narrative) (Details) - USD ($)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
<th class="th"><div>Jul. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_PeriodOverWhichStateCapitalBasedTaxWillBePhasedOut', window );">Period over which state capital-based tax will be phased out</a></td>
<td class="text">7 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxAuthorityAxis=us-gaap_StateAndLocalJurisdictionMember', window );">State and Local Jurisdiction [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLossCarryforwards', window );">Operating loss carryforwards</a></td>
<td class="nump">$ 12,293,000<span></span>
</td>
<td class="nump">$ 10,526,000<span></span>
</td>
<td class="nump">$ 8,274,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxAuthorityAxis=us-gaap_DomesticCountryMember', window );">Domestic Tax Authority [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLossCarryforwards', window );">Operating loss carryforwards</a></td>
<td class="nump">$ 10,341,000<span></span>
</td>
<td class="nump">$ 8,404,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_PeriodOverWhichStateCapitalBasedTaxWillBePhasedOut">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The period over which state capital-based tax will be phased out.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_PeriodOverWhichStateCapitalBasedTaxWillBePhasedOut</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLossCarryforwards">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of operating loss carryforward, before tax effects, available to reduce future taxable income under enacted tax laws.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 3<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32559-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLossCarryforwards</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxAuthorityAxis=us-gaap_StateAndLocalJurisdictionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxAuthorityAxis=us-gaap_StateAndLocalJurisdictionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxAuthorityAxis=us-gaap_DomesticCountryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxAuthorityAxis=us-gaap_DomesticCountryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>64
<FILENAME>R50.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
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							} else { e.nextSibling.style.display='none'; }
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</head>
<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143343515480">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INCOME TAX (Schedule of Income Tax Expense) (Details) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract', window );"><strong>Current:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CurrentFederalTaxExpenseBenefit', window );">Federal</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract', window );"><strong>Deferred taxes (benefit):</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredFederalIncomeTaxExpenseBenefit', window );">Federal</a></td>
<td class="num">(108,000)<span></span>
</td>
<td class="num">(247,000)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit', window );">State</a></td>
<td class="num">(51,000)<span></span>
</td>
<td class="num">(108,000)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation', window );">Income tax provision (benefit)</a></td>
<td class="num">$ (159,000)<span></span>
</td>
<td class="num">$ (355,000)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CurrentFederalTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of current federal tax expense (benefit) pertaining to income (loss) from continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(h)(1)(Note 1))<br> -URI http://asc.fasb.org/extlink&amp;oid=120395691&amp;loc=d3e23780-122690<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 6.I.7)<br> -URI http://asc.fasb.org/extlink&amp;oid=122134291&amp;loc=d3e330036-122817<br><br>Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32639-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CurrentFederalTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CurrentIncomeTaxExpenseBenefitContinuingOperationsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredFederalIncomeTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred federal income tax expense (benefit) pertaining to income (loss) from continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(h)(1)(Note 1))<br> -URI http://asc.fasb.org/extlink&amp;oid=120395691&amp;loc=d3e23780-122690<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 6.I.7)<br> -URI http://asc.fasb.org/extlink&amp;oid=122134291&amp;loc=d3e330036-122817<br><br>Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32639-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredFederalIncomeTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredIncomeTaxExpenseBenefitContinuingOperationsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred state and local tax expense (benefit) pertaining to income (loss) from continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32639-109319<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 6.I.7)<br> -URI http://asc.fasb.org/extlink&amp;oid=122134291&amp;loc=d3e330036-122817<br><br>Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(h)(1)(Note 1))<br> -URI http://asc.fasb.org/extlink&amp;oid=120395691&amp;loc=d3e23780-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of income tax expense (benefit) for continuing operations, discontinued operations, other comprehensive income, and items charged (credited) directly to shareholders' equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 20<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=123586238&amp;loc=d3e38679-109324<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB TOPIC 6.I.7)<br> -URI http://asc.fasb.org/extlink&amp;oid=122134291&amp;loc=d3e330036-122817<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143268247352">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INCOME TAX (Schedule of Effective Income Tax Rate Reconciliation) (Details) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxDisclosureAbstract', window );"><strong>Income Tax Disclosure [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest', window );">Income (loss) before income taxes</a></td>
<td class="nump">$ 239,032<span></span>
</td>
<td class="num">$ (1,261,005)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_IncomeTaxReconciliationPaycheckProtectionProgramLoanForgiveness', window );">Paycheck Protection Program Loan Forgiveness</a></td>
<td class="num">(722,726)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_IncomeTaxReconciliationOtherIncomeExpenseNet', window );">Other-net</a></td>
<td class="num">(21,690)<span></span>
</td>
<td class="num">(16,158)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_AdjustedPretaxIncome', window );">Adjusted pre-tax income (loss)</a></td>
<td class="num">$ (505,384)<span></span>
</td>
<td class="num">$ (1,277,163)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate', window );">Statutory rate</a></td>
<td class="nump">21.00%<span></span>
</td>
<td class="nump">21.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate', window );">Income tax provision (benefit) at statutory rate</a></td>
<td class="num">$ (106,131)<span></span>
</td>
<td class="num">$ (268,204)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit', window );">State deferred income taxes (benefit)</a></td>
<td class="num">(51,000)<span></span>
</td>
<td class="num">(108,000)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityOther', window );">Other-net</a></td>
<td class="num">(1,869)<span></span>
</td>
<td class="nump">21,204<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation', window );">Income tax provision (benefit)</a></td>
<td class="num">$ (159,000)<span></span>
</td>
<td class="num">$ (355,000)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_AdjustedPretaxIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of adjusted pretax income</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_AdjustedPretaxIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_IncomeTaxReconciliationOtherIncomeExpenseNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to other income (expense), net.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_IncomeTaxReconciliationOtherIncomeExpenseNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_IncomeTaxReconciliationPaycheckProtectionProgramLoanForgiveness">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to paycheck protection program loan forgiveness.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_IncomeTaxReconciliationPaycheckProtectionProgramLoanForgiveness</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred state and local tax expense (benefit) pertaining to income (loss) from continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32639-109319<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 6.I.7)<br> -URI http://asc.fasb.org/extlink&amp;oid=122134291&amp;loc=d3e330036-122817<br><br>Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(h)(1)(Note 1))<br> -URI http://asc.fasb.org/extlink&amp;oid=120395691&amp;loc=d3e23780-122690<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage of domestic federal statutory tax rate applicable to pretax income (loss).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 6.I.Fact.4)<br> -URI http://asc.fasb.org/extlink&amp;oid=122134291&amp;loc=d3e330036-122817<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(h)(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=120395691&amp;loc=d3e23780-122690<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32687-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 32<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=123359005&amp;loc=d3e8933-108599<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 30<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123359005&amp;loc=d3e8906-108599<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 32<br> -Subparagraph (f)<br> -URI http://asc.fasb.org/extlink&amp;oid=123359005&amp;loc=d3e8933-108599<br><br>Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 940<br> -SubTopic 20<br> -Section 25<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=123384075&amp;loc=d3e41242-110953<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 22<br> -URI http://asc.fasb.org/extlink&amp;oid=123359005&amp;loc=d3e8736-108599<br><br>Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03(10))<br> -URI http://asc.fasb.org/extlink&amp;oid=123367319&amp;loc=SL114868664-224227<br><br>Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 220<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-04(8))<br> -URI http://asc.fasb.org/extlink&amp;oid=120400993&amp;loc=SL114874131-224263<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 235<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-05(b)(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=120399901&amp;loc=d3e537907-122884<br><br>Reference 9: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 31<br> -URI http://asc.fasb.org/extlink&amp;oid=123359005&amp;loc=d3e8924-108599<br><br>Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 220<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-04(15))<br> -URI http://asc.fasb.org/extlink&amp;oid=120399700&amp;loc=SL114874048-224260<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxDisclosureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxDisclosureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityOther">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The tax effect of items occurring during the period that have been charged or credited directly to components of shareholders' equity and are not otherwise defined.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxEffectsAllocatedDirectlyToEquityOther</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of income tax expense (benefit) for continuing operations, discontinued operations, other comprehensive income, and items charged (credited) directly to shareholders' equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 20<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=123586238&amp;loc=d3e38679-109324<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB TOPIC 6.I.7)<br> -URI http://asc.fasb.org/extlink&amp;oid=122134291&amp;loc=d3e330036-122817<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxExpenseBenefitIntraperiodTaxAllocation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income tax expense or benefit for the period computed by applying the domestic federal statutory tax rates to pretax income from continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 12<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32687-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
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<FILENAME>R52.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143344256088">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>INCOME TAX (Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($)<br></strong></div></th>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ComponentsOfDeferredTaxAssetsAbstract', window );"><strong>Deferred Tax Assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DeferredTaxAssetsRentalIncomeReceivedInAdvance', window );">Rental income received in advance</a></td>
<td class="nump">$ 148,033<span></span>
</td>
<td class="nump">$ 175,145<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DeferredTaxAssetsAnticipatedPppLoanExpensesToBeForgiven', window );">Anticipated PPP loan expenses to be forgiven</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">199,390<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DererredTaxAssetsOperatingLeaseLiabilities', window );">Operating lease liabilities</a></td>
<td class="nump">7,680,923<span></span>
</td>
<td class="nump">8,013,099<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards', window );">Federal net operating loss carryforward</a></td>
<td class="nump">2,171,510<span></span>
</td>
<td class="nump">1,764,769<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal', window );">State net operating loss carryforward</a></td>
<td class="nump">809,951<span></span>
</td>
<td class="nump">693,541<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsOther', window );">Other</a></td>
<td class="nump">106,583<span></span>
</td>
<td class="nump">33,056<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsNet', window );">Total</a></td>
<td class="nump">10,917,000<span></span>
</td>
<td class="nump">10,879,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract', window );"><strong>Deferred Tax Liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DeferredTaxLiabilitiesUnbilledReceivables', window );">Unbilled receivables</a></td>
<td class="nump">569,029<span></span>
</td>
<td class="nump">412,343<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment', window );">Property and equipment</a></td>
<td class="nump">4,963,194<span></span>
</td>
<td class="nump">4,671,246<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome', window );">Unrealized gain on marketable securities</a></td>
<td class="nump">430,455<span></span>
</td>
<td class="nump">307,375<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DererredTaxLiabilitiesOperatingLeaseRightofuseAssets', window );">Operating lease right-of-use assets</a></td>
<td class="nump">9,536,322<span></span>
</td>
<td class="nump">10,229,036<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxLiabilities', window );">Total</a></td>
<td class="nump">15,499,000<span></span>
</td>
<td class="nump">15,620,000<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilities', window );">Net deferred tax liability</a></td>
<td class="nump">$ 4,582,000<span></span>
</td>
<td class="nump">$ 4,741,000<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DeferredTaxAssetsAnticipatedPppLoanExpensesToBeForgiven">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Anticipated PPP loan expenses to be forgiven.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DeferredTaxAssetsAnticipatedPppLoanExpensesToBeForgiven</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DeferredTaxAssetsRentalIncomeReceivedInAdvance">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before allocation of valuation allowances of deferred tax asset attributable to rental income received in advance.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DeferredTaxAssetsRentalIncomeReceivedInAdvance</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DeferredTaxLiabilitiesUnbilledReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred tax liability attributable to unbilled Receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DeferredTaxLiabilitiesUnbilledReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DererredTaxAssetsOperatingLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Operating lease liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DererredTaxAssetsOperatingLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DererredTaxLiabilitiesOperatingLeaseRightofuseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Operating lease right-of-use assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DererredTaxLiabilitiesOperatingLeaseRightofuseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ComponentsOfDeferredTaxAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ComponentsOfDeferredTaxAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredIncomeTaxLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred tax liability attributable to taxable temporary differences.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(26)(b))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32537-109319<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(15)(b)(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=120400017&amp;loc=d3e572229-122910<br><br>Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(15)(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=120398452&amp;loc=d3e534808-122878<br><br>Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02(26)(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredIncomeTaxLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32537-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsNet</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible operating loss carryforwards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32632-109319<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32621-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsOperatingLossCarryforwards</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
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<td><strong> Balance Type:</strong></td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible state and local operating loss carryforwards.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32632-109319<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32621-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
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<td><strong> Data Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxAssetsOther">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, before allocation of valuation allowance, of deferred tax asset attributable to deductible temporary differences, classified as other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32621-109319<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32632-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxAssetsOther</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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<td><strong> Balance Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, after deferred tax asset, of deferred tax liability attributable to taxable differences without jurisdictional netting.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 45<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=123427490&amp;loc=d3e31931-109318<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32537-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxLiabilities</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred tax liability attributable to taxable temporary differences from unrealized gains in other comprehensive income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32632-109319<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32621-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxLiabilitiesOtherComprehensiveIncome</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred tax liability attributable to taxable temporary differences from property, plant, and equipment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 6<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32621-109319<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32632-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment</td>
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<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>INCOME TAX (Components of Deferred Tax Provision (Benefit)) (Details) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
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<tr>
<th class="th"><div>Jul. 31, 2021</div></th>
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<td class="num">$ (159,000)<span></span>
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<td class="num">$ (355,000)<span></span>
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<td class="nump">291,723<span></span>
</td>
<td class="num">(1,691,703)<span></span>
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</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DeferredIncomeTaxExpenseBenefitAxis=mays_IncreaseInReserveForBadDebtsMember', window );">Increase in reserve for bad debts [Member]</a></td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="num">(65,109)<span></span>
</td>
<td class="num">(17,220)<span></span>
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<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DeferredIncomeTaxExpenseBenefitAxis=mays_LeaseExpensePerBookInExcessOfCashPaidMember', window );">Lease Expense Per Book in Excess of Cash Paid [Member]</a></td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="num">(360,537)<span></span>
</td>
<td class="nump">2,477,725<span></span>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DeferredIncomeTaxExpenseBenefitAxis=mays_FederalOperatingLossCarryforwardMember', window );">Federal Net Operating Loss Carryforward [Member]</a></td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefit', window );">Deferred tax provision (benefit)</a></td>
<td class="num">(406,742)<span></span>
</td>
<td class="num">(924,647)<span></span>
</td>
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<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DeferredIncomeTaxExpenseBenefitAxis=mays_StateNetOperatingLossCarryforwardMember', window );">State net operating loss carryforward [Member]</a></td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<td class="num">(116,410)<span></span>
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<td class="num">(22,687)<span></span>
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<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefit', window );">Deferred tax provision (benefit)</a></td>
<td class="nump">27,111<span></span>
</td>
<td class="nump">39,637<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DeferredIncomeTaxExpenseBenefitAxis=mays_IncreaseInAnticipatedPPPLoanExpensesToBeForgivenMember', window );">Anticipated PPP Loan Expenses to be Forgiven [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefit', window );">Deferred tax provision (benefit)</a></td>
<td class="nump">199,390<span></span>
</td>
<td class="num">(199,390)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DeferredIncomeTaxExpenseBenefitAxis=mays_IncreaseDecreaseInUnbilledReceivablesMember', window );">Increase (decrease) in unbilled receivables [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefit', window );">Deferred tax provision (benefit)</a></td>
<td class="nump">156,686<span></span>
</td>
<td class="num">(47,962)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DeferredIncomeTaxExpenseBenefitAxis=mays_OtherDeferredIncomeTaxExpenseMember', window );">Other Deferred Income Tax Expense [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefit', window );">Deferred tax provision (benefit)</a></td>
<td class="nump">$ 114,888<span></span>
</td>
<td class="nump">$ 31,247<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredIncomeTaxExpenseBenefit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 6.I.7)<br> -URI http://asc.fasb.org/extlink&amp;oid=122134291&amp;loc=d3e330036-122817<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 6.I.Fact.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=122134291&amp;loc=d3e330036-122817<br><br>Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 235<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.4-08(h)(1)(Note 1))<br> -URI http://asc.fasb.org/extlink&amp;oid=120395691&amp;loc=d3e23780-122690<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SAB Topic 6.I.Fact.2)<br> -URI http://asc.fasb.org/extlink&amp;oid=122134291&amp;loc=d3e330036-122817<br><br>Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 28<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3602-108585<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 740<br> -SubTopic 10<br> -Section 50<br> -Paragraph 9<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=121826272&amp;loc=d3e32639-109319<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredIncomeTaxExpenseBenefit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DeferredIncomeTaxExpenseBenefitAxis=mays_BookDepreciationExceedingLessThanTaxDepreciationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DeferredIncomeTaxExpenseBenefitAxis=mays_BookDepreciationExceedingLessThanTaxDepreciationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DeferredIncomeTaxExpenseBenefitAxis=mays_IncreaseInReserveForBadDebtsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DeferredIncomeTaxExpenseBenefitAxis=mays_IncreaseInReserveForBadDebtsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DeferredIncomeTaxExpenseBenefitAxis=mays_LeaseExpensePerBookInExcessOfCashPaidMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DeferredIncomeTaxExpenseBenefitAxis=mays_LeaseExpensePerBookInExcessOfCashPaidMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DeferredIncomeTaxExpenseBenefitAxis=mays_FederalOperatingLossCarryforwardMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DeferredIncomeTaxExpenseBenefitAxis=mays_FederalOperatingLossCarryforwardMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DeferredIncomeTaxExpenseBenefitAxis=mays_StateNetOperatingLossCarryforwardMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DeferredIncomeTaxExpenseBenefitAxis=mays_StateNetOperatingLossCarryforwardMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DeferredIncomeTaxExpenseBenefitAxis=mays_DecreaseOfRentalIncomeReceivedInAdvanceMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DeferredIncomeTaxExpenseBenefitAxis=mays_DecreaseOfRentalIncomeReceivedInAdvanceMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DeferredIncomeTaxExpenseBenefitAxis=mays_IncreaseInAnticipatedPPPLoanExpensesToBeForgivenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DeferredIncomeTaxExpenseBenefitAxis=mays_IncreaseInAnticipatedPPPLoanExpensesToBeForgivenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DeferredIncomeTaxExpenseBenefitAxis=mays_IncreaseDecreaseInUnbilledReceivablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DeferredIncomeTaxExpenseBenefitAxis=mays_IncreaseDecreaseInUnbilledReceivablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DeferredIncomeTaxExpenseBenefitAxis=mays_OtherDeferredIncomeTaxExpenseMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DeferredIncomeTaxExpenseBenefitAxis=mays_OtherDeferredIncomeTaxExpenseMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
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<head>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143269060952">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>EMPLOYEES' RETIREMENT PLANS (Details) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CompensationAndRetirementDisclosureAbstract', window );"><strong>Retirement Benefits [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DefinedContributionPlanCostRecognized', window );">Pension contributions</a></td>
<td class="nump">$ 441,512<span></span>
</td>
<td class="nump">$ 424,401<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MultiemployerPlanPensionSignificantEmployerContributionCost', window );">Employer contributions</a></td>
<td class="nump">$ 64,771<span></span>
</td>
<td class="nump">$ 59,434<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_MultiemployerPlanContributionRateIncreaseDecrease', window );">Minimum contribution rate</a></td>
<td class="nump">9.10%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CompensationAndRetirementDisclosureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CompensationAndRetirementDisclosureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DefinedContributionPlanCostRecognized">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cost for defined contribution plan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 715<br> -SubTopic 70<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=49170846&amp;loc=d3e28014-114942<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DefinedContributionPlanCostRecognized</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MultiemployerPlanContributionRateIncreaseDecrease">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Increase (decrease) in employer's contractual contribution rate to multiemployer plan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 715<br> -SubTopic 80<br> -Section 50<br> -Paragraph 6<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65877416&amp;loc=SL14450673-114947<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 715<br> -SubTopic 80<br> -Section 50<br> -Paragraph 11<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=65877416&amp;loc=SL14450702-114947<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MultiemployerPlanContributionRateIncreaseDecrease</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_MultiemployerPlanPensionSignificantEmployerContributionCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cost for employer contribution to multiemployer pension plan determined to be individually significant.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 715<br> -SubTopic 80<br> -Section 50<br> -Paragraph 5<br> -Subparagraph (e)(1)<br> -URI http://asc.fasb.org/extlink&amp;oid=65877416&amp;loc=SL14450657-114947<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 715<br> -SubTopic 80<br> -Section 55<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=35742348&amp;loc=SL14450788-114948<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_MultiemployerPlanPensionSignificantEmployerContributionCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>69
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<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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</head>
<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143369875512">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>CASH FLOW INFORMATION (Schedule of Cash and Cash Equivalents and Restricted Cash) (Details) - USD ($)<br></strong></div></th>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
<th class="th"><div>Jul. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SupplementalCashFlowElementsAbstract', window );"><strong>Supplemental Cash Flow Elements [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents</a></td>
<td class="nump">$ 1,552,389<span></span>
</td>
<td class="nump">$ 3,260,135<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_RestrictedCashTenantSecurityDeposits', window );">Restricted cash, tenant security deposits</a></td>
<td class="nump">783,470<span></span>
</td>
<td class="nump">794,151<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EscrowDeposit', window );">Restricted cash, escrow</a></td>
<td class="nump">71,720<span></span>
</td>
<td class="nump">321,675<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_RestrictedCashOther', window );">Restricted cash, other</a></td>
<td class="nump">27,140<span></span>
</td>
<td class="nump">27,840<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents', window );">Cash flow information</a></td>
<td class="nump">$ 2,434,719<span></span>
</td>
<td class="nump">$ 4,403,801<span></span>
</td>
<td class="nump">$ 5,263,724<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_RestrictedCashOther">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Restricted cash, other.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_RestrictedCashOther</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_RestrictedCashTenantSecurityDeposits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Restricted cash relating to tenant security deposits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_RestrictedCashTenantSecurityDeposits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3044-108585<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=124098289&amp;loc=d3e6676-107765<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.1)<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsAtCarryingValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage. Excludes amount for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 24<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3521-108585<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 4<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3044-108585<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=123431023&amp;loc=SL98516268-108586<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EscrowDeposit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The designation of funds furnished by a borrower to a lender to assure future payments of the borrower's real estate taxes and insurance obligations with respect to a mortgaged property. Escrow deposits may be made for a variety of other purposes such as earnest money and contingent payments. This element excludes replacement reserves which are an escrow separately provided for within the US GAAP taxonomy.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03.10)<br> -URI http://asc.fasb.org/extlink&amp;oid=120398452&amp;loc=d3e534808-122878<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 954<br> -SubTopic 440<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=6491277&amp;loc=d3e6429-115629<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_EscrowDeposit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SupplementalCashFlowElementsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SupplementalCashFlowElementsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>70
<FILENAME>R56.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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</head>
<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143269371544">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>CASH FLOW INFORMATION (Schedule of Supplemental Disclosure) (Details) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SupplementalCashFlowInformationAbstract', window );"><strong>Cash Flow Information</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestPaidNet', window );">Interest paid, net of capitalized interest of $115,415 (2021), and $112,074 (2020)</a></td>
<td class="nump">$ 272,070<span></span>
</td>
<td class="nump">$ 153,107<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxesPaidNet', window );">Income tax (refunded)</a></td>
<td class="num">(23,040)<span></span>
</td>
<td class="num">(23,041)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestPaidCapitalized', window );">Capitalized interest</a></td>
<td class="nump">115,415<span></span>
</td>
<td class="nump">112,074<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_SupplementalNonCashFlowInformationAbstract', window );"><strong>Non-cash information</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_OperatingLeaseRightOfUseAssetGross', window );">Recognition of operating lease right-of-use assets</a></td>
<td class="nump">27,100,000<span></span>
</td>
<td class="nump">39,464,411<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_OperatingLeaseLiabilityGross', window );">Recognition of operating lease liabilities</a></td>
<td class="nump">17,900,000<span></span>
</td>
<td class="nump">30,222,981<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentFaceAmount', window );">Mortgage refinance</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">$ 5,255,920<span></span>
</td>
</tr>
</table>
<div style="display: none;">
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Initial recognition of operating lease liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_OperatingLeaseLiabilityGross</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
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<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Period Type:</strong></td>
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</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Initial recognition of operating lease right-of-use assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_OperatingLeaseRightOfUseAssetGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<tr>
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<td>xbrli:monetaryItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_SupplementalNonCashFlowInformationAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_SupplementalNonCashFlowInformationAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DebtInstrumentFaceAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Face (par) amount of debt instrument at time of issuance.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1B<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495323-112611<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 45<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=124435984&amp;loc=d3e28551-108399<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 55<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=114775985&amp;loc=d3e28878-108400<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 835<br> -SubTopic 30<br> -Section 50<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=124429444&amp;loc=SL124452920-239629<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 55<br> -Paragraph 69C<br> -URI http://asc.fasb.org/extlink&amp;oid=123466577&amp;loc=SL123495737-112612<br><br>Reference 6: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 55<br> -Paragraph 69B<br> -URI http://asc.fasb.org/extlink&amp;oid=123466577&amp;loc=SL123495735-112612<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentFaceAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
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</div></td></tr>
</table>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=123431023&amp;loc=d3e4297-108586<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_IncomeTaxesPaidNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
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<td>xbrli:monetaryItemType</td>
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<td><strong> Balance Type:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash paid for interest capitalized, classified as investing activity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 13<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3213-108585<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=123431023&amp;loc=d3e4297-108586<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InterestPaidCapitalized</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
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<td><strong> Balance Type:</strong></td>
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<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestPaidNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash paid for interest, excluding capitalized interest, classified as operating activity. Includes, but is not limited to, payment to settle zero-coupon bond for accreted interest of debt discount and debt instrument with insignificant coupon interest rate in relation to effective interest rate of borrowing attributable to accreted interest of debt discount.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=123431023&amp;loc=d3e4297-108586<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 17<br> -Subparagraph (d)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3367-108585<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 25<br> -Subparagraph (e)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3536-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_InterestPaidNet</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>xbrli:monetaryItemType</td>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<td style="white-space:nowrap;">us-gaap_SupplementalCashFlowInformationAbstract</td>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143344144712">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>FINANCIAL INSTRUMENTS AND CREDIT RISK CONCENTRATIONS (Narrative) (Details) - Customer Concentration Risk [Member]<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
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<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConcentrationRiskByBenchmarkAxis=us-gaap_AccountsReceivableMember', window );">Allowance for Uncollectible Accounts Receivable [Member] | Five Customers [Member]</a></td>
<td class="text">&#160;<span></span>
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<td class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConcentrationRiskLineItems', window );"><strong>Concentration Risk [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConcentrationRiskPercentage1', window );">Concentration risk</a></td>
<td class="nump">65.70%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConcentrationRiskByBenchmarkAxis=us-gaap_AccountsReceivableMember', window );">Allowance for Uncollectible Accounts Receivable [Member] | Four Customers [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConcentrationRiskLineItems', window );"><strong>Concentration Risk [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConcentrationRiskPercentage1', window );">Concentration risk</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">54.97%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConcentrationRiskByBenchmarkAxis=us-gaap_SalesRevenueNetMember', window );">Rental Income [Member] | Two Customers [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConcentrationRiskLineItems', window );"><strong>Concentration Risk [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConcentrationRiskPercentage1', window );">Concentration risk</a></td>
<td class="nump">29.91%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConcentrationRiskByBenchmarkAxis=us-gaap_SalesRevenueNetMember', window );">Rental Income [Member] | Three Customers [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
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<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConcentrationRiskLineItems', window );"><strong>Concentration Risk [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
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<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConcentrationRiskPercentage1', window );">Concentration risk</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">43.65%<span></span>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 280<br> -SubTopic 10<br> -Section 50<br> -Paragraph 42<br> -URI http://asc.fasb.org/extlink&amp;oid=123359005&amp;loc=d3e9054-108599<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 275<br> -SubTopic 10<br> -Section 50<br> -Paragraph 18<br> -URI http://asc.fasb.org/extlink&amp;oid=99393423&amp;loc=d3e6351-108592<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 20<br> -URI http://asc.fasb.org/extlink&amp;oid=123594938&amp;loc=d3e13531-108611<br><br>Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 21<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123594938&amp;loc=d3e13537-108611<br><br>Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 275<br> -SubTopic 10<br> -Section 50<br> -Paragraph 20<br> -URI http://asc.fasb.org/extlink&amp;oid=99393423&amp;loc=d3e6404-108592<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ConcentrationRiskPercentage1</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ConcentrationRiskByBenchmarkAxis=us-gaap_AccountsReceivableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ConcentrationRiskByBenchmarkAxis=us-gaap_AccountsReceivableMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ConcentrationRiskByTypeAxis=us-gaap_CustomerConcentrationRiskMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
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<td><strong> Name:</strong></td>
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_MajorCustomersAxis=mays_CustomerFourMember</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_MajorCustomersAxis=mays_CustomerTwoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143266876808">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>FINANCIAL INSTRUMENTS AND CREDIT RISK CONCENTRATIONS (Schedule of Fair Value of Financial Instruments) (Details) - USD ($)<br></strong></div></th>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems', window );"><strong>Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtSecurities', window );">Marketable securities</a></td>
<td class="nump">$ 3,901,093<span></span>
</td>
<td class="nump">$ 3,744,905<span></span>
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</tr>
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<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RestrictedCash', window );">Restricted cash</a></td>
<td class="nump">882,330<span></span>
</td>
<td class="nump">1,143,666<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_FairValueByMeasurementsBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember', window );">Carrying Value [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems', window );"><strong>Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsFairValueDisclosure', window );">Cash and cash equivalents</a></td>
<td class="nump">1,552,389<span></span>
</td>
<td class="nump">3,260,135<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtSecurities', window );">Marketable securities</a></td>
<td class="nump">3,901,093<span></span>
</td>
<td class="nump">3,744,905<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RestrictedCash', window );">Restricted cash</a></td>
<td class="nump">882,330<span></span>
</td>
<td class="nump">1,143,666<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentFairValue', window );">Mortgages and note payable</a></td>
<td class="nump">7,649,632<span></span>
</td>
<td class="nump">9,519,658<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_FairValueByMeasurementsBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember', window );">Fair Value [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems', window );"><strong>Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsFairValueDisclosure', window );">Cash and cash equivalents</a></td>
<td class="nump">1,552,389<span></span>
</td>
<td class="nump">3,260,135<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AvailableForSaleSecuritiesDebtSecurities', window );">Marketable securities</a></td>
<td class="nump">3,901,093<span></span>
</td>
<td class="nump">3,744,905<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RestrictedCash', window );">Restricted cash</a></td>
<td class="nump">882,330<span></span>
</td>
<td class="nump">1,143,666<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtInstrumentFairValue', window );">Mortgages and note payable</a></td>
<td class="nump">$ 8,088,201<span></span>
</td>
<td class="nump">$ 9,915,121<span></span>
</td>
</tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(6))<br> -URI http://asc.fasb.org/extlink&amp;oid=120398452&amp;loc=d3e534808-122878<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 326<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=124258926&amp;loc=SL82898722-210454<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=124260329&amp;loc=d3e26610-111562<br><br>Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 320<br> -SubTopic 10<br> -Section 50<br> -Paragraph 2<br> -Subparagraph (aa)<br> -URI http://asc.fasb.org/extlink&amp;oid=123581744&amp;loc=d3e27161-111563<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AvailableForSaleSecuritiesDebtSecurities</td>
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<tr>
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<tr>
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<td>instant</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_CashAndCashEquivalentsFairValueDisclosure</td>
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<td>xbrli:monetaryItemType</td>
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<td>debit</td>
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<tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value portion of debt instrument payable, including, but not limited to, notes payable and loans payable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 55<br> -Paragraph 69C<br> -URI http://asc.fasb.org/extlink&amp;oid=123466577&amp;loc=SL123495737-112612<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 55<br> -Paragraph 69B<br> -URI http://asc.fasb.org/extlink&amp;oid=123466577&amp;loc=SL123495735-112612<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 825<br> -SubTopic 10<br> -Section 50<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=123594938&amp;loc=d3e13433-108611<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 470<br> -SubTopic 20<br> -Section 50<br> -Paragraph 1D<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=123466505&amp;loc=SL123495340-112611<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DebtInstrumentFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RestrictedCash">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cash restricted as to withdrawal or usage. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 50<br> -Paragraph 8<br> -URI http://asc.fasb.org/extlink&amp;oid=123431023&amp;loc=SL98516268-108586<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 942<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.9-03(1)(a))<br> -URI http://asc.fasb.org/extlink&amp;oid=120398452&amp;loc=d3e534808-122878<br><br>Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 944<br> -SubTopic 210<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.7-03(a)(2))<br> -URI http://asc.fasb.org/extlink&amp;oid=120400017&amp;loc=d3e572229-122910<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RestrictedCash</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_FairValueByMeasurementsBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_FairValueByMeasurementsBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_FairValueByMeasurementsBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_FairValueByMeasurementsBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
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<SEQUENCE>73
<FILENAME>R59.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143266868680">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>DEFERRED CHARGES (Narrative) (Details) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract', window );"><strong>Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AmortizationOfDeferredCharges', window );">Amortization of deferred charges</a></td>
<td class="nump">$ 385,967<span></span>
</td>
<td class="nump">$ 297,887<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_WeightedAverageLifeTermToDeferredCharges', window );">Weighted average life of current year additions to deferred charges</a></td>
<td class="text">14 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_WeightedAverageLifeTermToDeferredCharges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Weighted Average Life Term To Deferred Charges during the financial perpoid.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_WeightedAverageLifeTermToDeferredCharges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AmortizationOfDeferredCharges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of amortization of deferred charges applied against earnings during the period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 220<br> -SubTopic 10<br> -Section S99<br> -Paragraph 2<br> -Subparagraph (SX 210.5-03.3)<br> -URI http://asc.fasb.org/extlink&amp;oid=123367319&amp;loc=SL114868664-224227<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AmortizationOfDeferredCharges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>74
<FILENAME>R60.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
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<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143266896936">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>DEFERRED CHARGES (Schedule of Deferred Charges) (Details) - USD ($)<br></strong></div></th>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCostsLeasingNetAbstract', window );"><strong>Leasing Charges</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCostsLeasingGross', window );">Deferred charges</a></td>
<td class="nump">$ 3,739,243<span></span>
</td>
<td class="nump">$ 2,986,648<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCostsLeasingAccumulatedAmortization', window );">Less accumulated amortization</a></td>
<td class="nump">1,655,239<span></span>
</td>
<td class="nump">1,369,694<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DeferredChargesAxis=mays_LeasingBrokerageCommissionsMember', window );">Leasing Brokerage Commissions [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCostsLeasingNetAbstract', window );"><strong>Leasing Charges</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCostsLeasingGross', window );">Deferred charges</a></td>
<td class="nump">5,266,672<span></span>
</td>
<td class="nump">4,204,638<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCostsLeasingAccumulatedAmortization', window );">Less accumulated amortization</a></td>
<td class="nump">1,579,460<span></span>
</td>
<td class="nump">1,281,010<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DeferredChargesAxis=mays_ProfessionalFeesForLeasingMember', window );">Professional Fees For Leasing [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCostsLeasingNetAbstract', window );"><strong>Leasing Charges</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCostsLeasingGross', window );">Deferred charges</a></td>
<td class="nump">127,810<span></span>
</td>
<td class="nump">151,704<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCostsLeasingAccumulatedAmortization', window );">Less accumulated amortization</a></td>
<td class="nump">$ 75,779<span></span>
</td>
<td class="nump">$ 88,684<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCostsLeasingAccumulatedAmortization">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>For an unclassified balance sheet, the accumulated amortization, as of the reporting date, which represents the periodic charge to earnings of initial direct costs which have been deferred and are being allocated over the lease term in proportion to the recognition of rental income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 25<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=123408481&amp;loc=SL77919138-209958<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 25<br> -Paragraph 16<br> -URI http://asc.fasb.org/extlink&amp;oid=123394419&amp;loc=d3e40588-112709<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/otherTransitionRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 35<br> -Paragraph 2<br> -URI http://asc.fasb.org/extlink&amp;oid=123394697&amp;loc=d3e40879-112712<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredCostsLeasingAccumulatedAmortization</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCostsLeasingGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>For an unclassified balance sheet, this element represents costs incurred by the lessor that are (a) costs to originate a lease incurred in transactions with independent third parties that (i) result directly from and are essential to acquire that lease and (ii) would not have been incurred had that leasing transaction not occurred and (b) certain costs directly related to specified activities performed by the lessor for that lease. Those activities are: evaluating the prospective lessee's financial condition; evaluating and recording guarantees, collateral, and other security arrangements; negotiating lease terms; preparing and processing lease documents; and closing the transaction. This amount is before considering accumulated amortization representing the periodic charge to earnings to recognize the deferred costs over the term of the related lease.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 30<br> -Section 25<br> -Paragraph 10<br> -URI http://asc.fasb.org/extlink&amp;oid=123408481&amp;loc=SL77919138-209958<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 25<br> -Paragraph 17<br> -URI http://asc.fasb.org/extlink&amp;oid=123394419&amp;loc=d3e40246-112709<br><br>Reference 3: http://fasb.org/us-gaap/role/ref/otherTransitionRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 840<br> -SubTopic 20<br> -Section 25<br> -Paragraph 16<br> -URI http://asc.fasb.org/extlink&amp;oid=123394419&amp;loc=d3e40588-112709<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredCostsLeasingGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCostsLeasingNetAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredCostsLeasingNetAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DeferredChargesAxis=mays_LeasingBrokerageCommissionsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DeferredChargesAxis=mays_LeasingBrokerageCommissionsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DeferredChargesAxis=mays_ProfessionalFeesForLeasingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DeferredChargesAxis=mays_ProfessionalFeesForLeasingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>75
<FILENAME>R61.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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							} else { e.nextSibling.style.display='none'; }
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</head>
<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143340325048">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>DEFERRED CHARGES (Schedule of Estimated Aggregate Amortization Expense) (Details)<br></strong></div></th>
<th class="th">
<div>Jul. 31, 2021 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract', window );"><strong>Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DeferredChargesAmortizationExpenseNextTwelveMonths', window );">2022</a></td>
<td class="nump">$ 427,013<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DeferredChargesAmortizationExpenseYearTwo', window );">2023</a></td>
<td class="nump">425,017<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DeferredChargesAmortizationExpenseYearThree', window );">2024</a></td>
<td class="nump">394,396<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DeferredChargesAmortizationExpenseYearFour', window );">2025</a></td>
<td class="nump">352,943<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_DeferredChargesAmortizationExpenseYearFive', window );">2026</a></td>
<td class="nump">$ 333,292<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DeferredChargesAmortizationExpenseNextTwelveMonths">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of amortization expense expected to be recognized during the next fiscal year following the latest fiscal year for deferred charges.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DeferredChargesAmortizationExpenseNextTwelveMonths</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DeferredChargesAmortizationExpenseYearFive">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of amortization expense expected to be recognized during the fifth fiscal year following the latest fiscal year for deferred charges.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DeferredChargesAmortizationExpenseYearFive</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DeferredChargesAmortizationExpenseYearFour">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of amortization expense expected to be recognized during the fourth fiscal year following the latest fiscal year for deferred charges.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DeferredChargesAmortizationExpenseYearFour</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DeferredChargesAmortizationExpenseYearThree">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of amortization expense expected to be recognized during the third fiscal year following the latest fiscal year for deferred charges.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DeferredChargesAmortizationExpenseYearThree</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_DeferredChargesAmortizationExpenseYearTwo">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of amortization expense expected to be recognized during the second fiscal year following the latest fiscal year for deferred charges.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_DeferredChargesAmortizationExpenseYearTwo</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>76
<FILENAME>R62.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143269015672">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>RELATED PARTY TRANSACTIONS (Schedule of Rent Payments Expenses) (Details) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForRent', window );">Rent Payments</a></td>
<td class="nump">$ 987,250<span></span>
</td>
<td class="nump">$ 987,250<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseExpense', window );">Rent Expense</a></td>
<td class="nump">1,867,875<span></span>
</td>
<td class="nump">1,932,781<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionAxis=mays_JamaicaAvenueAt169thStreetMember', window );">Jamaica Avenue at 169th Street [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForRent', window );">Rent Payments</a></td>
<td class="nump">624,994<span></span>
</td>
<td class="nump">624,994<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseExpense', window );">Rent Expense</a></td>
<td class="nump">1,517,437<span></span>
</td>
<td class="nump">1,582,344<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionAxis=mays_FiveHundredFour506FultonStreetMember', window );">504-506 Fulton Street [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForRent', window );">Rent Payments</a></td>
<td class="nump">362,256<span></span>
</td>
<td class="nump">362,256<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseExpense', window );">Rent Expense</a></td>
<td class="nump">$ 350,438<span></span>
</td>
<td class="nump">$ 350,437<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeaseExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of operating lease expense. Excludes sublease income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 45<br> -Paragraph 4<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123391704&amp;loc=SL77918638-209977<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeaseExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForRent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cash payments to lessor's for use of assets under operating leases.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 230<br> -SubTopic 10<br> -Section 45<br> -Paragraph 25<br> -Subparagraph (g)<br> -URI http://asc.fasb.org/extlink&amp;oid=123570139&amp;loc=d3e3536-108585<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PaymentsForRent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RelatedPartyTransactionAxis=mays_JamaicaAvenueAt169thStreetMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RelatedPartyTransactionAxis=mays_JamaicaAvenueAt169thStreetMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RelatedPartyTransactionAxis=mays_FiveHundredFour506FultonStreetMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RelatedPartyTransactionAxis=mays_FiveHundredFour506FultonStreetMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
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</div>
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</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>77
<FILENAME>R63.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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</head>
<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143267446536">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>RELATED PARTY TRANSACTIONS (Schedule of Summarizes Assets and Liabilities) (Details) - USD ($)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
<th class="th"><div>Apr. 30, 2020</div></th>
<th class="th"><div>Jul. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseRightOfUseAsset', window );">Operating Lease Right-Of-Use Assets</a></td>
<td class="nump">$ 34,566,169<span></span>
</td>
<td class="nump">$ 37,077,038<span></span>
</td>
<td class="nump">$ 37,698,819<span></span>
</td>
<td class="nump">$ 27,104,937<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseLiability', window );">Operating Lease liabilities</a></td>
<td class="nump">$ 27,840,930<span></span>
</td>
<td class="nump">29,044,966<span></span>
</td>
<td class="nump">$ 29,326,365<span></span>
</td>
<td class="nump">$ 17,863,507<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LeaseExpirationDate1', window );">Expiration Date</a></td>
<td class="text">Jul. 31,  2030<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionAxis=mays_JamaicaAvenueAt169thStreetMember', window );">Jamaica Avenue at 169th Street [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseRightOfUseAsset', window );">Operating Lease Right-Of-Use Assets</a></td>
<td class="nump">$ 12,842,642<span></span>
</td>
<td class="nump">13,190,809<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseLiability', window );">Operating Lease liabilities</a></td>
<td class="nump">$ 4,959,450<span></span>
</td>
<td class="nump">5,084,505<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LeaseExpirationDate1', window );">Expiration Date</a></td>
<td class="text">May 31,  2030<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionAxis=mays_FiveHundredFour506FultonStreetMember', window );">504-506 Fulton Street [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseRightOfUseAsset', window );">Operating Lease Right-Of-Use Assets</a></td>
<td class="nump">$ 2,831,134<span></span>
</td>
<td class="nump">2,890,056<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseLiability', window );">Operating Lease liabilities</a></td>
<td class="nump">$ 2,946,306<span></span>
</td>
<td class="nump">$ 3,008,181<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LeaseExpirationDate1', window );">Expiration Date</a></td>
<td class="text">Apr. 30,  2031<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LeaseExpirationDate1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Date which lease or group of leases is set to expire, in YYYY-MM-DD format.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_LeaseExpirationDate1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeaseLiability">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Present value of lessee's discounted obligation for lease payments from operating lease.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=123391704&amp;loc=SL77918627-209977<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeaseLiability</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeaseRightOfUseAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of lessee's right to use underlying asset under operating lease.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123391704&amp;loc=SL77918627-209977<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeaseRightOfUseAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RelatedPartyTransactionAxis=mays_JamaicaAvenueAt169thStreetMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RelatedPartyTransactionAxis=mays_JamaicaAvenueAt169thStreetMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RelatedPartyTransactionAxis=mays_FiveHundredFour506FultonStreetMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RelatedPartyTransactionAxis=mays_FiveHundredFour506FultonStreetMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>78
<FILENAME>R64.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
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<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143336831224">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>CAPITALIZATION (Details) - shares<br></strong></div></th>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityNoteAbstract', window );"><strong>Stockholders' Equity Note [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockShares', window );">Treasury stock, shares</a></td>
<td class="nump">162,517<span></span>
</td>
<td class="nump">162,517<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquityNoteAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StockholdersEquityNoteAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
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</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td>duration</td>
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</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TreasuryStockShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Number of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.29,30)<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 505<br> -SubTopic 30<br> -Section 45<br> -Paragraph 1<br> -URI http://asc.fasb.org/extlink&amp;oid=6405813&amp;loc=d3e23239-112655<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_TreasuryStockShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
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<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140143260664248">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>REAL ESTATE AND ACCUMULATED DEPRECIATION (Details) - USD ($)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Jul. 31, 2021</div></th>
<th class="th"><div>Jul. 31, 2020</div></th>
<th class="th"><div>Apr. 30, 2020</div></th>
<th class="th"><div>Jul. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationLineItems', window );"><strong>SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationAmountOfEncumbrances', window );">Encumbrances</a></td>
<td class="nump">$ 7,649,632<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostAbstract', window );"><strong>Initial Cost to Company</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfLand', window );">Land</a></td>
<td class="nump">6,067,805<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements', window );">Building &amp; Improvements</a></td>
<td class="nump">19,732,367<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionAbstract', window );"><strong>Cost Capitalized Subsequent to Acquisition</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements', window );">Improvements</a></td>
<td class="nump">56,696,260<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts', window );">Carried Cost</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovementsAbstract', window );"><strong>Gross Amount at Which Carried At Close of Period</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLand', window );">Land</a></td>
<td class="nump">6,067,805<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements', window );">Building &amp; Improvements</a></td>
<td class="nump">76,428,627<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateGrossAtCarryingValue', window );">Total</a></td>
<td class="nump">82,496,432<span></span>
</td>
<td class="nump">$ 80,286,244<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 96,333,110<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAccumulatedDepreciation', window );">Accumulated Depreciation</a></td>
<td class="nump">34,548,196<span></span>
</td>
<td class="nump">32,805,218<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">43,310,270<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseRightOfUseAsset', window );">Operating Lease Right-of-Use-Asset</a></td>
<td class="nump">34,566,169<span></span>
</td>
<td class="nump">37,077,038<span></span>
</td>
<td class="nump">$ 37,698,819<span></span>
</td>
<td class="nump">$ 27,104,937<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentGross', window );">Property and Equipment</a></td>
<td class="nump">76,792,055<span></span>
</td>
<td class="nump">74,538,121<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment', window );">Accumulated depreciation</a></td>
<td class="nump">34,793,458<span></span>
</td>
<td class="nump">33,007,989<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReconciliationOfCarryingAmountOfRealEstateInvestmentsRollForward', window );"><strong>Investment in Real Estate</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateGrossAtCarryingValue', window );">Balance at Beginning of Year</a></td>
<td class="nump">80,286,244<span></span>
</td>
<td class="nump">96,333,110<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateImprovements', window );">Improvements</a></td>
<td class="nump">2,210,188<span></span>
</td>
<td class="nump">5,840,914<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateOtherDeductions', window );">Retirements</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(21,887,780)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateGrossAtCarryingValue', window );">Balance at End of Year</a></td>
<td class="nump">82,496,432<span></span>
</td>
<td class="nump">80,286,244<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReconciliationOfRealEstateAccumulatedDepreciationRollForward', window );"><strong>Accumulated Depreciation</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAccumulatedDepreciation', window );">Balance at Beginning of Year</a></td>
<td class="nump">32,805,218<span></span>
</td>
<td class="nump">43,310,270<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense', window );">Additions Charged to Costs and Expenses</a></td>
<td class="nump">1,742,978<span></span>
</td>
<td class="nump">1,626,230<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAccumulatedDepreciationOtherDeductions', window );">Retirements</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(12,131,282)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAccumulatedDepreciation', window );">Balance at End of Year</a></td>
<td class="nump">$ 34,548,196<span></span>
</td>
<td class="nump">$ 32,805,218<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_BuildingAndBuildingImprovementsMember', window );">Buildings and Improvements [Member] | Minimum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovementsAbstract', window );"><strong>Gross Amount at Which Carried At Close of Period</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationLifeUsedForDepreciation1', window );">Life on Which Depreciation in Latest Income Statement is Computed</a></td>
<td class="text">18 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_BuildingAndBuildingImprovementsMember', window );">Buildings and Improvements [Member] | Maximum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovementsAbstract', window );"><strong>Gross Amount at Which Carried At Close of Period</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationLifeUsedForDepreciation1', window );">Life on Which Depreciation in Latest Income Statement is Computed</a></td>
<td class="text">40 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_LeaseholdImprovementsMember', window );">Improvements to leased property [Member] | Minimum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovementsAbstract', window );"><strong>Gross Amount at Which Carried At Close of Period</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationLifeUsedForDepreciation1', window );">Life on Which Depreciation in Latest Income Statement is Computed</a></td>
<td class="text">3 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=us-gaap_LeaseholdImprovementsMember', window );">Improvements to leased property [Member] | Maximum [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovementsAbstract', window );"><strong>Gross Amount at Which Carried At Close of Period</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationLifeUsedForDepreciation1', window );">Life on Which Depreciation in Latest Income Statement is Computed</a></td>
<td class="text">40 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentByTypeAxis=mays_OfficeFurnitureAndEquipmentAndTransportationEquipmentMember', window );">Office Furniture and Equipment and Transportation Equipment [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovementsAbstract', window );"><strong>Gross Amount at Which Carried At Close of Period</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentGross', window );">Property and Equipment</a></td>
<td class="nump">$ 363,428<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment', window );">Accumulated depreciation</a></td>
<td class="nump">245,262<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=mays_BondSt.LandAndBuildingBrooklynNYMember', window );">Bond St. land and building, Brooklyn, NY [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationLineItems', window );"><strong>SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationAmountOfEncumbrances', window );">Encumbrances</a></td>
<td class="nump">3,817,450<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostAbstract', window );"><strong>Initial Cost to Company</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfLand', window );">Land</a></td>
<td class="nump">3,901,349<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements', window );">Building &amp; Improvements</a></td>
<td class="nump">7,403,468<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionAbstract', window );"><strong>Cost Capitalized Subsequent to Acquisition</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements', window );">Improvements</a></td>
<td class="nump">24,346,123<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts', window );">Carried Cost</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovementsAbstract', window );"><strong>Gross Amount at Which Carried At Close of Period</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLand', window );">Land</a></td>
<td class="nump">3,901,349<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements', window );">Building &amp; Improvements</a></td>
<td class="nump">31,749,591<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateGrossAtCarryingValue', window );">Total</a></td>
<td class="nump">35,650,940<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAccumulatedDepreciation', window );">Accumulated Depreciation</a></td>
<td class="nump">14,787,673<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReconciliationOfCarryingAmountOfRealEstateInvestmentsRollForward', window );"><strong>Investment in Real Estate</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateGrossAtCarryingValue', window );">Balance at End of Year</a></td>
<td class="nump">35,650,940<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReconciliationOfRealEstateAccumulatedDepreciationRollForward', window );"><strong>Accumulated Depreciation</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAccumulatedDepreciation', window );">Balance at End of Year</a></td>
<td class="nump">14,787,673<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=mays_JamaicaNewYorkBuildingMember', window );">Jamaica, New York [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationLineItems', window );"><strong>SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationAmountOfEncumbrances', window );">Encumbrances</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostAbstract', window );"><strong>Initial Cost to Company</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfLand', window );">Land</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements', window );">Building &amp; Improvements</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionAbstract', window );"><strong>Cost Capitalized Subsequent to Acquisition</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements', window );">Improvements</a></td>
<td class="nump">474,359<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts', window );">Carried Cost</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovementsAbstract', window );"><strong>Gross Amount at Which Carried At Close of Period</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLand', window );">Land</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements', window );">Building &amp; Improvements</a></td>
<td class="nump">474,359<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateGrossAtCarryingValue', window );">Total</a></td>
<td class="nump">474,359<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAccumulatedDepreciation', window );">Accumulated Depreciation</a></td>
<td class="nump">82,307<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLeaseRightOfUseAsset', window );">Operating Lease Right-of-Use-Asset</a></td>
<td class="nump">27,100,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_mays_OperatingLeaseRightofuseassetAdjustment', window );">Operating Lease Right-of-Use-Asset, Adjustment</a></td>
<td class="nump">10,200,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReconciliationOfCarryingAmountOfRealEstateInvestmentsRollForward', window );"><strong>Investment in Real Estate</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateGrossAtCarryingValue', window );">Balance at End of Year</a></td>
<td class="nump">474,359<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReconciliationOfRealEstateAccumulatedDepreciationRollForward', window );"><strong>Accumulated Depreciation</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAccumulatedDepreciation', window );">Balance at End of Year</a></td>
<td class="nump">82,307<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=mays_FishkillNewYorkPropertyMember', window );">Fishkill, New York Property [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationLineItems', window );"><strong>SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationAmountOfEncumbrances', window );">Encumbrances</a></td>
<td class="nump">3,832,182<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostAbstract', window );"><strong>Initial Cost to Company</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfLand', window );">Land</a></td>
<td class="nump">594,723<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements', window );">Building &amp; Improvements</a></td>
<td class="nump">7,212,116<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionAbstract', window );"><strong>Cost Capitalized Subsequent to Acquisition</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements', window );">Improvements</a></td>
<td class="nump">14,609,761<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts', window );">Carried Cost</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovementsAbstract', window );"><strong>Gross Amount at Which Carried At Close of Period</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLand', window );">Land</a></td>
<td class="nump">594,723<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements', window );">Building &amp; Improvements</a></td>
<td class="nump">21,821,877<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateGrossAtCarryingValue', window );">Total</a></td>
<td class="nump">22,416,600<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAccumulatedDepreciation', window );">Accumulated Depreciation</a></td>
<td class="nump">9,750,935<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReconciliationOfCarryingAmountOfRealEstateInvestmentsRollForward', window );"><strong>Investment in Real Estate</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateGrossAtCarryingValue', window );">Balance at End of Year</a></td>
<td class="nump">22,416,600<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReconciliationOfRealEstateAccumulatedDepreciationRollForward', window );"><strong>Accumulated Depreciation</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAccumulatedDepreciation', window );">Balance at End of Year</a></td>
<td class="nump">9,750,935<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=mays_BrooklynNewYorkJoweinBuildingFultonStreetAndElmPlaceMember', window );">Brooklyn, New York, Jowein Building, Fulton Street and Elm Place Property [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationLineItems', window );"><strong>SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationAmountOfEncumbrances', window );">Encumbrances</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostAbstract', window );"><strong>Initial Cost to Company</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfLand', window );">Land</a></td>
<td class="nump">1,324,957<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements', window );">Building &amp; Improvements</a></td>
<td class="nump">728,327<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionAbstract', window );"><strong>Cost Capitalized Subsequent to Acquisition</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements', window );">Improvements</a></td>
<td class="nump">17,179,497<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts', window );">Carried Cost</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovementsAbstract', window );"><strong>Gross Amount at Which Carried At Close of Period</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLand', window );">Land</a></td>
<td class="nump">1,324,957<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements', window );">Building &amp; Improvements</a></td>
<td class="nump">17,907,824<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateGrossAtCarryingValue', window );">Total</a></td>
<td class="nump">19,232,781<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAccumulatedDepreciation', window );">Accumulated Depreciation</a></td>
<td class="nump">6,786,738<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReconciliationOfCarryingAmountOfRealEstateInvestmentsRollForward', window );"><strong>Investment in Real Estate</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateGrossAtCarryingValue', window );">Balance at End of Year</a></td>
<td class="nump">19,232,781<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReconciliationOfRealEstateAccumulatedDepreciationRollForward', window );"><strong>Accumulated Depreciation</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAccumulatedDepreciation', window );">Balance at End of Year</a></td>
<td class="nump">6,786,738<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=mays_LevittownNewYorkHempsteadTurnpikeMember', window );">Levittown, New York, Hempstead Turnpike [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationLineItems', window );"><strong>SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationAmountOfEncumbrances', window );">Encumbrances</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostAbstract', window );"><strong>Initial Cost to Company</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfLand', window );">Land</a></td>
<td class="nump">125,927<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements', window );">Building &amp; Improvements</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionAbstract', window );"><strong>Cost Capitalized Subsequent to Acquisition</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements', window );">Improvements</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts', window );">Carried Cost</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovementsAbstract', window );"><strong>Gross Amount at Which Carried At Close of Period</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLand', window );">Land</a></td>
<td class="nump">125,927<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements', window );">Building &amp; Improvements</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateGrossAtCarryingValue', window );">Total</a></td>
<td class="nump">125,927<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAccumulatedDepreciation', window );">Accumulated Depreciation</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReconciliationOfCarryingAmountOfRealEstateInvestmentsRollForward', window );"><strong>Investment in Real Estate</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateGrossAtCarryingValue', window );">Balance at End of Year</a></td>
<td class="nump">125,927<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReconciliationOfRealEstateAccumulatedDepreciationRollForward', window );"><strong>Accumulated Depreciation</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAccumulatedDepreciation', window );">Balance at End of Year</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=mays_CirclevilleOhioTarltonRoadMember', window );">Circleville, Ohio, Tarlton Road [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationLineItems', window );"><strong>SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_RealEstateAndAccumulatedDepreciationAmountOfEncumbrances', window );">Encumbrances</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostAbstract', window );"><strong>Initial Cost to Company</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfLand', window );">Land</a></td>
<td class="nump">120,849<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements', window );">Building &amp; Improvements</a></td>
<td class="nump">4,388,456<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionAbstract', window );"><strong>Cost Capitalized Subsequent to Acquisition</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements', window );">Improvements</a></td>
<td class="nump">86,520<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts', window );">Carried Cost</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovementsAbstract', window );"><strong>Gross Amount at Which Carried At Close of Period</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLand', window );">Land</a></td>
<td class="nump">120,849<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements', window );">Building &amp; Improvements</a></td>
<td class="nump">4,474,976<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateGrossAtCarryingValue', window );">Total</a></td>
<td class="nump">4,595,825<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAccumulatedDepreciation', window );">Accumulated Depreciation</a></td>
<td class="nump">3,140,543<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReconciliationOfCarryingAmountOfRealEstateInvestmentsRollForward', window );"><strong>Investment in Real Estate</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateGrossAtCarryingValue', window );">Balance at End of Year</a></td>
<td class="nump">4,595,825<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReconciliationOfRealEstateAccumulatedDepreciationRollForward', window );"><strong>Accumulated Depreciation</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RealEstateAccumulatedDepreciation', window );">Balance at End of Year</a></td>
<td class="nump">$ 3,140,543<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_mays_OperatingLeaseRightofuseassetAdjustment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Operating Lease Right-of-Use-Asset, Adjustment</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">mays_OperatingLeaseRightofuseassetAdjustment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>mays_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_RealEstateAndAccumulatedDepreciationAmountOfEncumbrances">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of lien or mortgage outstanding on real estate investment properties for entities with a substantial portion of business acquiring and holding investment real estate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher SEC<br> -Name Regulation S-X (SX)<br> -Number 210<br> -Section 12<br> -Paragraph Column B<br> -Subsection 28<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 970<br> -SubTopic 360<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-28(Column B))<br> -URI http://asc.fasb.org/extlink&amp;oid=120402810&amp;loc=d3e638233-123024<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_RealEstateAndAccumulatedDepreciationAmountOfEncumbrances</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>srt_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_RealEstateAndAccumulatedDepreciationLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_RealEstateAndAccumulatedDepreciationLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>srt_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (c)<br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.14)<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OperatingLeaseRightOfUseAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of lessee's right to use underlying asset under operating lease.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 842<br> -SubTopic 20<br> -Section 45<br> -Paragraph 1<br> -Subparagraph (a)<br> -URI http://asc.fasb.org/extlink&amp;oid=123391704&amp;loc=SL77918627-209977<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_OperatingLeaseRightOfUseAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentGross">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 360<br> -SubTopic 10<br> -Section 50<br> -Paragraph 1<br> -Subparagraph (b)<br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br>Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 210<br> -SubTopic 10<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.5-02.13)<br> -URI http://asc.fasb.org/extlink&amp;oid=120391452&amp;loc=d3e13212-122682<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_PropertyPlantAndEquipmentGross</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealEstateAccumulatedDepreciation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of accumulated depreciation pertaining to real estate investments for entities with a substantial portion of business acquiring and holding investment real estate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 970<br> -SubTopic 360<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-28(Column F))<br> -URI http://asc.fasb.org/extlink&amp;oid=120402810&amp;loc=d3e638233-123024<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealEstateAccumulatedDepreciation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealEstateAccumulatedDepreciationOtherDeductions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of other deductions to accumulated depreciation, excluding sales, for entities with a substantial portion of business acquiring and holding investment real estate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 970<br> -SubTopic 360<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-28(Footnote 4))<br> -URI http://asc.fasb.org/extlink&amp;oid=120402810&amp;loc=d3e638233-123024<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealEstateAccumulatedDepreciationOtherDeductions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount before accumulated depreciation of buildings and improvements for entities with a substantial portion of business acquiring and holding investment real estate. Excludes real estate not held as an investment or interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 970<br> -SubTopic 360<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-28(Column E))<br> -URI http://asc.fasb.org/extlink&amp;oid=120402810&amp;loc=d3e638233-123024<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLand">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of land for entities with a substantial portion of business acquiring and holding investment real estate. Excludes real estate not held as an investment or interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 970<br> -SubTopic 360<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-28(Column E))<br> -URI http://asc.fasb.org/extlink&amp;oid=120402810&amp;loc=d3e638233-123024<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLand</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovementsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovementsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of cost capitalized subsequent to acquisition for real estate investment property, including, but not limited to, real estate tax and insurance, by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate. Excludes initial purchase price and improvement, and real estate not held as investment or interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 970<br> -SubTopic 360<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-28(Column D))<br> -URI http://asc.fasb.org/extlink&amp;oid=120402810&amp;loc=d3e638233-123024<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of land and buildings and improvements made to real estate investments and capitalized after acquisition for entities with a substantial portion of business acquiring and holding investment real estate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 970<br> -SubTopic 360<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-28(Column D))<br> -URI http://asc.fasb.org/extlink&amp;oid=120402810&amp;loc=d3e638233-123024<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealEstateAndAccumulatedDepreciationInitialCostAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Initial cost of buildings and improvements for entities with a substantial portion of business acquiring and holding investment real estate. Excludes real estate not held as an investment or interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 970<br> -SubTopic 360<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-28(Column C))<br> -URI http://asc.fasb.org/extlink&amp;oid=120402810&amp;loc=d3e638233-123024<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfLand">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Initial cost of land for entities with a substantial portion of business acquiring and holding investment real estate. Excludes real estate not held as an investment or interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 970<br> -SubTopic 360<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-28(Column C))<br> -URI http://asc.fasb.org/extlink&amp;oid=120402810&amp;loc=d3e638233-123024<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfLand</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealEstateAndAccumulatedDepreciationLifeUsedForDepreciation1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Useful life on which depreciation was computed for entities with a substantial portion of business acquiring and holding investment real estate, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 970<br> -SubTopic 360<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-28(Column I))<br> -URI http://asc.fasb.org/extlink&amp;oid=120402810&amp;loc=d3e638233-123024<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealEstateAndAccumulatedDepreciationLifeUsedForDepreciation1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealEstateGrossAtCarryingValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount, before accumulated depreciation, of real estate investment by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate. Excludes real estate not held as investment or interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 970<br> -SubTopic 360<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-28(Column E))<br> -URI http://asc.fasb.org/extlink&amp;oid=120402810&amp;loc=d3e638233-123024<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealEstateGrossAtCarryingValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealEstateImprovements">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of increase in real estate investments related to improvements for entities with a substantial portion of business acquiring and holding investment real estate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 970<br> -SubTopic 360<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-28(Footnote 4))<br> -URI http://asc.fasb.org/extlink&amp;oid=120402810&amp;loc=d3e638233-123024<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealEstateImprovements</td>
</tr>
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<td>us-gaap_</td>
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<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RealEstateOtherDeductions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of other deductions to real estate investments, excluding sales, for entities with a substantial portion of business acquiring and holding investment real estate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 970<br> -SubTopic 360<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-28(Footnote 4))<br> -URI http://asc.fasb.org/extlink&amp;oid=120402810&amp;loc=d3e638233-123024<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_RealEstateOtherDeductions</td>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_ReconciliationOfRealEstateAccumulatedDepreciationRollForward</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of depreciation expense of real estate investments for entities with a substantial portion of business acquiring and holding investment real estate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Publisher FASB<br> -Name Accounting Standards Codification<br> -Topic 970<br> -SubTopic 360<br> -Section S99<br> -Paragraph 1<br> -Subparagraph (SX 210.12-28(Footnote 4))<br> -URI http://asc.fasb.org/extlink&amp;oid=120402810&amp;loc=d3e638233-123024<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>us-gaap_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
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<td><strong> Balance Type:</strong></td>
<td>debit</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
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</div></td></tr>
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<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionAbstract</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
