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Stock Options (Tables)
12 Months Ended
Jan. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Stock Option Vested

The 2015 Plan Agreement has the following vesting schedule:

 

Tranche   Shares for which the Stock
Option is Vested
  Vesting Date
A   1/3   5/17/2016
B   1/3   2nd anniversary of the Date of Grant
C   1/3   3rd anniversary of the Date of Grant

Schedule of Performance Objective for Applicable Performance Period

Vested tranches become exercisable as set forth below to the extent that the GAAP pre-tax profit of IBC Hotels LLC is greater than or equal to the performance objective for the applicable performance period, as described below.

 

Performance Period   Performance Objective     Exercisable
(Fiscal Year Ending)   (GAAP pre-tax profit of IBC Hotels LLC)     Tranche(s)
1/31/2016   $ 60,000     A
1/31/2017   $ 200,000     A and B
1/31/2018   $ 400,000     A, B, and C