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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Oct. 31, 2015
Oct. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Consolidated Net Income (Loss) $ 766,773 $ (1,262,247)
Adjustments to Reconcile Consolidated Net Loss to Net Cash Provided by Operating Activities:    
Stock-Based Compensation 44,880 27,500
(Recovery of) Provision For Uncollectible Receivables (8,638) 6,465
Hotel Property Depreciation 1,036,642 1,332,530
Amortization of Debt Discounts and Deferred Financing Fees 69,486 $ 86,986
Gain on Disposal of Assets (2,351,817)
Changes in Assets and Liabilities:    
Accounts Receivable 303,891 $ 275,200
Prepaid Expenses and Other Assets 48,983 152,475
Accounts Payable and Accrued Expenses (310,542) (164,091)
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES (400,342) 454,818
CASH FLOWS FROM INVESTING ACTIVITIES    
Improvements and Additions to Hotel Properties (1,317,284) $ (1,077,180)
Cash Received From Sale of Hotel Property $ 4,712,611
Change in Restricted Cash $ 108,748
Lendings on Advances to Affiliates - Related Party (259,059)
Collections on Advances to Affiliates - Related Party $ 1,236 188,800
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 3,396,563 (1,038,691)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal Payments on Mortgage Notes Payable $ (507,626) (7,868,899)
Borrowings on Mortgage Notes Payable 5,700,000
Payments on Notes Payable to Banks $ (2,299,648) (3,294,343)
Borrowings on Notes Payable to Banks 1,591,153 4,197,801
Payments on Line of Credit - Related Party (2,475,321) (1,466,640)
Borrowings on Line of Credit - Related Party 1,933,611 2,614,748
Lendings on Note Receivable - Related Party (30,000) (994,311)
Collections on Note Receivable - Related Party 5,349 915,000
Payments on Other Notes Payable $ (454,215) (69,696)
Borrowings on Other Notes Payable 27,000
Proceeds from Sale of Non-Controlling Ownership Interest in Subsidiary $ 1,799,699 1,584,792
Sale of Stock 1,100,000 0
Distributions to Non-Controlling Interest Holders (1,026,616) (535,045)
Repurchase of Treasury Stock (76,098) (176,646)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (439,712) 633,761
NET INCREASE IN CASH AND CASH EQUIVALENTS 2,556,509 49,888
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 507,686 395,903
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 3,064,195 $ 445,791