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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
 3 Months Ended 6 Months Ended
Jan. 31, 2022
Jan. 31, 2021
Jan. 31, 2022
Jan. 31, 2021
Revenues        
Rental income $ 5,328,349 $ 5,046,867 $ 10,407,896 $ 9,881,861
Total revenues 5,328,349 5,046,867 10,407,896 9,881,861
Expenses        
Real estate operating expenses 3,670,065 3,585,546 7,300,187 7,168,163
Administrative and general expenses 1,417,412 1,343,669 2,821,524 2,513,192
Depreciation 452,412 445,504 903,682 889,443
Total expenses 5,539,889 5,374,719 11,025,393 10,570,798
Loss from operations (211,540) (327,852) (617,497) (688,937)
Other income and interest expense:        
Investment income 198,535 76,935 205,302 166,161
Change in fair value of marketable securities (183,611) 238,969 (236,738) 24,015
Interest expense (78,214) (82,159) (158,647) (167,770)
Total investment income and interest expense (63,290) 233,745 (190,083) 22,406
Loss from operations before income taxes (274,830) (94,107) (807,580) (666,531)
Income taxes provided (benefit) (79,000) (40,000) (221,000) (197,000)
Net loss $ (195,830) $ (54,107) $ (586,580) $ (469,531)
Loss per common share, basic and diluted $ (0.10) $ (0.02) $ (0.29) $ (0.23)
Dividends per share
Average common shares outstanding, basic and diluted 2,015,780 2,015,780 2,015,780 2,015,780