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Property, Plant, and Equipment and Hotel Properties
12 Months Ended
Jan. 31, 2018
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment and Hotel Properties

7. PROPERTY, PLANT, AND EQUIPMENT AND HOTEL PROPERTIES

 

As of January 31, 2018 and 2017, hotel properties consisted of the following:

 

    2018     2017 (i)  
Land   $ 2,805,015     $ 4,438,079  
Building and improvements     18,066,151       25,458,137  
Furniture, fixtures and equipment     5,621,820       6,521,257  
Total hotel properties     26,492,986       36,417,473  
Less accumulated depreciation     (12,124,650 )     (17,022,739 )
Hotel Properties in Service, net     14,368,336       19,394,734  
Construction in progress     76,683       -  
Hotel properties, net   $ 14,445,019     $ 19,394,734  

 

  (i) Includes discontinued operations

 

As of January 31, 2018 and 2017, property, plant and equipment consisted of the following:

 

    2018     2017  
Land   $ 7,005     $ 7,005  
Building and improvements     75,662       75,662  
Furniture, fixtures and equipment     1,178,941       852,332  
Total property, plant and equipment     1,261,608       934,999  
Less accumulated depreciation     (694,876 )     (554,868 )
Property, Plant and Equipment, net   $ 566,732     $ 380,131