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Schedule III - Real Estate and Accumulated Depreciation | 12 Months Ended
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Jan. 31, 2013
Real Estate and Accumulated Depreciation Disclosure [Text Block] | SCHEDULE III INNSUITES HOSPITALITY TRUST AND SUBSIDIARY REAL ESTATE AND ACCUMULATED DEPRECIATION AS OF JANUARY 31, 2013
|  |  |  |  | Initial Cost to Tenant |  |  | Cost Capitalized Subsequent to Acquisition |  |  | Gross Amounts at Which Carried at Close of Period |
Properties |  | Encumbrances |  |  | Land |  |  | Building and Improvements |  |  | Land |  |  | Building and Improvements |  |  | Land |  |  | Building and Improvements |
InnSuites Hotels and Suites Tucson, Catalina Foothills Best Western Tucson, Arizona |  | $ | 1,706,278 |  |  | $ | - |  |  | $ | 4,220,820 |  |  | $ | - |  |  | $ | 2,299,332 |  |  | $ | - |  |  | $ | 6,520,152 |
InnSuites Hotels and Suites Yuma Yuma, Arizona |  |  | 5,469,475 |  |  |  | 251,649 |  |  |  | 4,983,292 |  |  |  | 53,366 |  |  |  | 2,544,040 |  |  |  | 305,015 |  |  |  | 7,527,332 |
Best Western Airport Ontario Hotel and Suites Ontario, California |  |  | 6,323,592 |  |  |  | 1,633,064 |  |  |  | 5,450,872 |  |  |  | - |  |  |  | 1,577,883 |  |  |  | 1,633,064 |  |  |  | 7,028,755 |
InnSuites Hotels and Suites Tucson St. Mary's Tucson, Arizona |  |  | 5,227,835 |  |  |  | 900,000 |  |  |  | 9,166,549 |  |  |  | (20,564 | ) |  |  | 1,643,590 |  |  |  | 879,436 |  |  |  | 10,810,139 |
InnSuites Hotels and Suites Albuquerque Airport Best Western Albuquerque, New Mexico |  |  | 1,227,744 |  |  |  | - |  |  |  | 1,903,970 |  |  |  | - |  |  |  | 225,828 |  |  |  | - |  |  |  | 2,129,798 |
InnSuites Hospitality Trust Phoenix, Arizona |  |  | - |  |  |  | 7,005 |  |  |  | 75,662 |  |  |  | - |  |  |  | - |  |  |  | 7,005 |  |  |  | 75,662 |
|  | $ | 19,954,924 |  |  | $ | 2,791,718 |  |  | $ | 25,801,165 |  |  | $ | 32,802 |  |  | $ | 8,290,673 |  |  | $ | 2,824,520 |  |  | $ | 34,091,838 |
|  | Gross Land and Building |  |  | Accumulated Depreciation |  |  | Net Book Value Land and Buildings and Improvements |  |  | Date of Construction |  |  | Date of Acquisition |  |  | Depreciation in Income Statement is Computed (years) |
InnSuites Hotels and Suites Tucson, Catalina Foothills Best Western Tucson, Arizona |  | $ | 6,520,152 |  |  | $ | 2,609,344 |  |  | $ | 3,910,808 |  |  |  | 1981 |  |  |  | 1998 |  |  |  | 5 | - | 40 |
InnSuites Hotels and Suites Yuma Yuma, Arizona |  |  | 7,832,347 |  |  |  | 2,846,333 |  |  |  | 4,986,014 |  |  |  | 1982 |  |  |  | 1998 |  |  |  | 5 | - | 40 |
Best Western Airport Ontario Hotel and Suites Ontario, California |  |  | 8,661,819 |  |  |  | 3,108,508 |  |  |  | 5,553,311 |  |  |  | 1990 |  |  |  | 1998 |  |  |  | 5 | - | 40 |
InnSuites Hotels and Suites Tucson St. Mary's Tucson, Arizona |  |  | 11,689,575 |  |  |  | 4,390,892 |  |  |  | 7,298,683 |  |  |  | 1960 |  |  |  | 1998 |  |  |  | 5 | - | 40 |
InnSuites Hotels and Suites Albuquerque Airport Best Western Albuquerque, New Mexico |  |  | 2,129,798 |  |  |  | 961,488 |  |  |  | 1,168,310 |  |  |  | 1975 |  |  |  | 2000 |  |  |  | 5 | - | 40 |
InnSuites Hospitality Trust Phoenix, Arizona |  |  | 82,667 |  |  |  | 20,062 |  |  |  | 62,605 |  |  |  | 2004 |  |  |  | 2004 |  |  |  |  | 33 |  |
|  | $ | 36,916,358 |  |  | $ | 13,936,627 |  |  | $ | 22,979,731 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(A) Aggregate cost for federal income tax purposes at January 31, are as follows:
|  | 2013 |  |  | 2012 |
Land |  | $ | 1,856,788 |  |  | $ | 1,856,788 |
Buildings and improvements |  |  | 18,863,378 |  |  |  | 19,414,468 |
|  | $ | 20,720,166 |  |  | $ | 21,271,256 |
Reconciliation of Real Estate:
Balance at January 31, 2011 |  | $ | 37,199,045 |
Improvement to Hotel Properties |  | 301,629 |
Disposal of Property Improvements |  | (33,226 | )
Balance at January 31, 2012 |  | $ | 37,467,448 |
Improvement to Hotel Properties |  | 447,289 |
Disposal of Property Improvements |  | (998,379 | )
Balance at January 31, 2013 |  | $ | 36,916,358 |

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- Definition The entire disclosure for real estate and accumulated depreciation. This may include a schedule that describes the property and lists the initial cost of land, buildings and improvements, improvements and carrying costs capitalized after acquisition, and the total carrying cost for land, buildings and improvements for each property and in aggregate. The schedule also lists the accumulated depreciation for each property and in aggregate, the date each property was constructed and acquired, the useful life used to calculate depreciation and any encumbrances on the properties. The entity provides a reconciliation of the carrying amount of real estate from the beginning of the period to the end of the period. Any real estate investments that have been written down or reserved against are described, including the basis of the write-down. A material amount of intercompany profit in the total carrying amount of real estate is disclosed. The aggregate cost of all real estate investments for federal income tax purposes is also disclosed. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04.(c) Schedule III) -URI http://asc.fasb.org/extlink&oid=6882300&loc=d3e5864-122674 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Subparagraph Schedule III -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 28 -Article 12 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 970 -SubTopic 360 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-28) -URI http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024 + Details
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