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Intangible Assets, Goodwill and Impairment (Tables)
 12 Months Ended
Jan. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Fair Value of Assets Acquired

The fair values of assets acquired at the transaction date are summarized below:

 

Marketing Related Intangibles   $ 100,000  
Customer Base     400,000  
Total identifiable intangible assets     500,000  
         
Goodwill     500,000  
         
Total acquired assets   $ 1,000,000  
Schedule of Amortized Intangible Assets

For the fiscal year ending January 31, 2018, intangible assets consisted of the following:

 

    Amount     Fiscal Year January 31, 2018 Impairment Expense     Fiscal year 1/31/2017
Accumulated Amortization		     Net Amount     Useful Lives
(years)		  
Marketing Related Intangibles   $ 100,000     $ 90,000     $ 10,000     $ -       10  
Customer Base     400,000       343,000       57,000       -       7  
Total:   $ 500,000     $ 433,000     $ 67,000     $ -          
Schedule of Changes in Goodwill

The changes in the carrying value of the Trust’s goodwill for the years ended January 31, 2018 and 2017 is as follows:

 

Beginning Balance January 31, 2016   $ -  
Acquisition of Vacation Technology Hotels     500,000  
Ending Balance January 31, 2017     500,000  
         
Impairment     (500,000 )
Ending Balance January 31, 2018   $ -