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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
 12 Months Ended
Jul. 31, 2021
Jul. 31, 2020
Revenues    
Rental income $ 20,212,879 $ 19,531,846
Total revenues 20,212,879 19,531,846
Expenses    
Real estate operating expenses 14,306,967 14,024,623
Administrative and general expenses 4,958,227 5,085,360
Depreciation 1,785,468 1,661,280
Total expenses 21,050,662 20,771,263
Loss from operations (837,783) (1,239,417)
Other income and interest expense    
Investment income 173,548 145,561
Change in fair value of marketable securities 446,126 35,372
Interest expense (265,585) (202,521)
Extinguishment of debt 722,726
Total Other income and interest expense 1,076,815 (21,588)
Income (loss) before income tax 239,032 (1,261,005)
Income tax provision (benefit) (159,000) (355,000)
Net income (loss) $ 398,032 $ (906,005)
Income (loss) per common share, basic and diluted $ 0.20 $ (0.45)
Dividends per share
Average common shares outstanding, basic and diluted 2,015,780 2,015,780