XML 19 R6.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Jan. 31, 2020
Jan. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Consolidated Net (Loss) Income $ (1,978,444) $ 11,105,883
Adjustments to Reconcile Consolidated Net (Loss) Income to Net Cash Used In Operating Activities:    
Note Receivable Impairment 825,000 0
Stock-Based Compensation 32,400 32,400
Depreciation 901,664 1,244,581
Gain on Disposals on Assets (13,573,418)
Changes in Assets and Liabilities:    
Accounts Receivable (348,284) 133,382
Income Tax Receivable (294,402)
Prepaid Expenses and Other Assets 17,747 43,278
Accrued Interest Income (36,008)
Accounts Payable and Accrued Expenses (108,448) (749,519)
NET CASH USED IN OPERATING ACTIVITIES (952,767) (1,799,421)
CASH FLOWS FROM INVESTING ACTIVITIES    
Improvements and Additions to Hotel Properties (324,445) (936,784)
Investments in Unigen (253,593)
Redemption (Purchases) of Marketable Securities 1,896,556 (896,226)
Cash Received From Sale of Hotel Property and IBC 10,184,766
Lendings on Advances to Affiliates - Related Party (75,000) (776,008)
Collections on Advances to Affiliates - Related Party 61,361 796,008
NET CASH PROVIDED BY INVESTING ACTIVITIES 1,304,879 8,371,756
CASH FLOWS FROM FINANCING ACTIVITIES    
Principal Payments on Mortgage Notes Payable (119,024) (102,384)
Borrowings on Mortgage Notes Payable 1,400,000
Payments on Notes Payable to Banks, net of financing costs (170,200)
Borrowings on Notes Payable to Banks, net of financing costs 178,000 9,300
Payments on Line of Credit - Related Party (1,390,656)
Borrowings on Line of Credit - Related Party 1,569,428
Lendings on Notes Receivable - Related Party (256,000)
Collections on Notes Receivable - Related Party 888,027
Borrowings on Note Payable - Related Party (306,158)
Payments on Notes Payable - Related Party (322,975)
Payments on Other Notes Payable (664,826) (195,313)
Borrowings on Other Notes Payable 51,000 525,512
Payment of Dividends (191,924) (195,575)
Proceeds from Sale of Non-Controlling Ownership Interest in Subsidiary, net 101,792
Distributions to Non-Controlling Interest Holders (521,037) (9,560,117)
Repurchase of Treasury Stock (171,700) (854,837)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 99,341 (10,399,008)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 451,453 (3,826,673)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 749,075 4,575,748
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 1,200,528 $ 749,075