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Unaudited Consolidated Statements of Operations (USD $)
 3 Months Ended 9 Months Ended
Oct. 31, 2011
Oct. 31, 2010
Oct. 31, 2011
Oct. 31, 2010
REVENUE        
Room $ 2,856,005 $ 2,650,583 $ 10,070,389 $ 8,953,276
Food and Beverage 149,498 124,331 620,052 601,953
Telecommunications 55 2,277 1,882 13,183
Other 50,960 39,812 166,504 156,199
Management and Trademark Fees, including $166,052 and $179,738 from related parties for the nine months ended October 31, 2011 and 2010, respectively 57,901 46,923 173,733 184,411
Payroll Reimbursements, Related Party 531,503 470,719 1,647,584 1,844,845
TOTAL REVENUE 3,645,922 3,334,645 12,680,144 11,753,867
OPERATING EXPENSES        
Room 834,253 793,434 2,666,947 2,474,675
Food and Beverage 168,142 173,704 623,699 581,977
Telecommunications 10,567 9,688 34,466 48,006
General and Administrative 637,003 664,492 2,243,828 2,177,047
Sales and Marketing 261,074 293,422 810,870 878,471
Repairs and Maintenance 313,079 259,166 1,102,434 884,216
Hospitality 161,521 165,507 577,364 536,457
Utilities 327,099 318,678 933,011 892,948
Hotel Property Depreciation 422,214 465,025 1,308,764 1,400,263
Real Estate and Personal Property Taxes, Insurance and Ground Rent 268,988 213,028 676,070 693,116
Other 2,838 1,168 10,404 11,990
Payroll Expenses, Related Party 531,503 470,719 1,647,584 1,844,845
TOTAL OPERATING EXPENSES 3,938,281 3,828,031 12,635,441 12,424,011
OPERATING INCOME (LOSS) (292,359) (493,386) 44,703 (670,144)
Interest Income 1,144 56 1,704 1,289
TOTAL OTHER INCOME 1,144 56 1,704 1,289
Interest on Mortgage Notes Payable 375,423 390,966 1,131,051 1,161,497
Interest on Other Notes Payable 10,115 9,639 25,941 31,068
TOTAL INTEREST EXPENSE 385,538 400,605 1,156,992 1,192,565
CONSOLIDATED NET LOSS (676,753) (893,935) (1,110,585) (1,861,420)
LESS: NET LOSS ATTRIBUTABLE TO NON-CONTROLLING INTERESTS (151,439) (219,113) (276,391) (498,390)
NET LOSS ATTRIBUTABLE TO CONTROLLING INTERESTS $ (525,314) $ (674,822) $ (834,194) $ (1,363,030)
NET LOSS PER SHARE – BASIC AND DILUTED (in Dollars per share) $ (0.06) $ (0.08) $ (0.10) $ (0.16)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING - BASIC AND DILUTED (in Shares) 8,499,442 8,573,949 8,534,627 8,585,841