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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Apr. 30, 2018
Apr. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Consolidated Net (Loss) Income $ (289,961) $ 58,101
Adjustments to Reconcile Consolidated Net (Loss) Income to Net Cash Provided By Operating Activities:    
Stock-Based Compensation 8,100 12,960
Recovery of Uncollectible Receivables (1,208) (9,437)
Depreciation 377,738 413,398
Amortization of Intangibles 16,750
Amortization of Debt Discounts and Deferred Financing Fees 1,578 16,841
Gain on Disposal of Assets 13,806
Changes in Assets and Liabilities:    
Accounts Receivable (87,831) (445,186)
Prepaid Expenses and Other Assets 6,773 (7,659)
Accounts Payable and Accrued Expenses 146,379 389,410
NET CASH PROVIDED BY OPERATING ACTIVITIES 161,568 458,984
CASH FLOWS FROM INVESTING ACTIVITIES    
Improvements and Additions to Hotel Properties (143,704) (654,022)
Purchase of Marketable Securities (2,000,000)
Lendings on Advances to Affiliates - Related Party (130,000)
Collections on Advances to Affiliates - Related Party 260,000
NET CASH USED IN INVESTING ACTIVITIES (2,013,704) (654,022)
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal Payments on Mortgage Notes Payable (62,416) (130,408)
Payments on Notes Payable to Banks, net of financing costs (46,805) (1,689,081)
Borrowings on Notes Payable to Banks, net of financing costs 820,000
Lendings on Advances to Affiliates - Related Party (815,000)
Collections on Advances to Affiliates - Related Party 536,541
Payments on Line of Credit - Related Party (775,000)
Borrowings on Line of Credit - Related Party 632,384
Borrowings on Notes Receivable - Related Party (78,737)
Payments on Other Notes Payable (34,834)
Borrowings on Other Notes Payable 297,698 84,208
Proceeds from Sale of Non-Controlling Ownership Interest in Subsidiary, net 102,824 1,433,798
Sale of Shares of Beneficial Interest 200,000
Distributions to Non-Controlling Interest Holders (257,245) (184,450)
Repurchase of Treasury Stock (287,868) (18,101)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (367,383) 94,891
NET DECREASE IN CASH AND CASH EQUIVALENTS (2,219,519) (100,148)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 4,776,453 568,396
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 2,556,934 $ 468,248