XML 60 R48.htm IDEA: XBRL DOCUMENT v3.7.0.1
Segment Reporting (Tables)
 12 Months Ended
Jan. 31, 2017
Segment Reporting [Abstract]  
Schedule of Reportable Segments

Information relative to the Trust’s reportable segments is as follows:

 

BALANCE SHEET   JANUARY 31, 2017  
    Hotel Operations & Corporate Overhead     IBC Developments     Total  
Total Assets   $ 20,708,359     $ 1,464,473     $ 22,172,832  
Total Liabilities     15,280,624       3,266,959       18,547,583  
Fixed Assets, Net     19,552,396       222,469       19,774,865  

 

STATEMENT OF OPERATIONS   TWELVE MONTHS ENDED JANUARY 31, 2017  
CONTINUING OPERATIONS   Hotel Operations & Corporate Overhead     IBC Developments     Total  
Total Revenue   $ 12,548,903     $ 666,730     $ 13,215,633  
Loss From Operations     (925,564 )     (1,162,946 )     (2,088,510 )

 

BALANCE SHEET   JANUARY 31, 2016  
    Hotel Operations & Corporate Overhead     IBC Developments     Total  
Total Assets   $ 22,728,621     $ 1,212,068     $ 23,940,689  
Total Liabilities     15,145,321       1,824,639       16,969,960  
Fixed Assets, Net     19,479,148       135,619       19,614,767  

 

STATEMENT OF OPERATIONS   TWELVE MONTHS ENDED JANUARY 31, 2016  
CONTINUING OPERATIONS   Hotel Operations & Corporate Overhead     IBC Developments     Total  
Total Revenue   $ 11,413,992     $ 202,775     $ 11,616,767  
Loss From Operations     (391,770 )     (286,534 )     (678,304 )