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Unaudited Consolidated Statements of Operations (USD $)
 3 Months Ended 6 Months Ended
Jul. 31, 2012
Jul. 31, 2011
Jul. 31, 2012
Jul. 31, 2011
REVENUE        
Room $ 3,030,877 $ 3,218,212 $ 7,314,135 $ 7,214,384
Food and Beverage 243,681 177,679 603,035 470,554
Telecommunications   300   1,828
Other 42,776 64,881 107,333 115,544
Management and Trademark Fees, including $159,631 and $115,832 from related parties for the six months ended July 31, 2012 and 2011, respectively 54,168 48,896 166,624 115,832
Payroll Reimbursements, Related Party   525,473 0 1,116,081
TOTAL REVENUE 3,371,502 4,035,441 8,191,127 9,034,223
OPERATING EXPENSES        
Room 962,446 853,259 1,939,662 1,832,694
Food and Beverage 258,663 198,281 521,742 455,557
Telecommunications 19,256 13,701 36,076 23,899
General and Administrative 817,924 768,620 1,614,296 1,606,825
Sales and Marketing 313,404 253,743 597,315 549,796
Repairs and Maintenance 371,223 363,731 767,220 789,355
Hospitality 215,197 192,506 442,220 415,843
Utilities 344,326 328,810 627,996 605,913
Hotel Property Depreciation 433,530 437,518 867,187 886,550
Real Estate and Personal Property Taxes, Insurance and Ground Rent 257,857 201,504 544,989 407,083
Other 2,645 4,436 5,053 7,566
Payroll Expenses, Related Party   525,473   1,116,081
TOTAL OPERATING EXPENSES 3,996,471 4,141,582 7,963,756 8,697,162
OPERATING INCOME (624,969) (106,141) 227,371 337,061
Interest Income 5,294 417 5,402 560
TOTAL OTHER INCOME 5,294 417 5,402 560
Interest on Mortgage Notes Payable 267,946 376,566 465,915 755,628
Interest on Notes Payable to Banks 890   1,094  
Interest on Other Notes Payable 8,635 7,667 18,088 15,826
TOTAL INTEREST EXPENSE 277,471 384,233 485,097 771,454
CONSOLIDATED NET LOSS (897,146) (489,957) (252,324) (433,833)
LESS: NET LOSS ATTRIBUTABLE TO NON-CONTROLLING INTERESTS (213,281) (130,970) (30,547) (124,952)
NET LOSS ATTRIBUTABLE TO CONTROLLING INTERESTS $ (683,865) $ (358,987) $ (221,777) $ (308,881)
NET LOSS PER SHARE – BASIC AND DILUTED (in Dollars per share) $ (0.08) $ (0.04) $ (0.03) $ (0.04)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING – BASIC AND DILUTED (in Shares) 8,417,899 8,528,609 8,429,911 8,552,780