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Leases (Tables) | 12 Months Ended
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Jan. 31, 2021
Schedule of Operating and Finance Leases Obligations | The aggregate annual lease obligations at January 31, 2021 are as follows:
Fiscal Year |  | Operating Leases |  |  | Finance Leases |
2022 |  | $ | 172,177 |  |  | $ | 31,123 |
2023 |  |  | 148,348 |  |  |  | 31,123 |
2024 |  |  | 112,116 |  |  |  | 23,343 |
2025 |  |  | 112,116 |  |  |  | - |
2026 |  |  | 112,116 |  |  |  | - |
Thereafter |  |  | 5,039,195 |  |  |  | - |
Total undiscounted lease obligations |  |  | 5,696,068 |  |  |  | 85,589 |
Less imputed interest |  |  | (3,326,787 | ) |  |  | (5,613 | )
Net lease obligations |  | $ | 2,369,281 |  |  | $ | 79,976 |
Operating Leases [Member] |
Schedule of Lease Costs | The Trust’s Operating Lease costs recognized in the consolidated statement of operations for the year ended January 31, 2021 consist of the following:
|  | Fiscal Year Ended January 31, 2021 |
Operating Lease Costs: |  |  |  |
Operating lease cost |  | $ | 200,347 |
Schedule of Cash Flow Information | Supplemental cash flow information is as follows:
|  | Fiscal Year Ended January 31, 2021 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Operating cash flows from operating leases |  | $ | 168,780 |
Lease Obligations obtained: |  |  |  |
Operating leases, net |  | $ | 2,369,281 |
Long-term obligations |  | $ | 2,310,745 |
Schedule of Weighted Average Remaining Lease Terms and Discount Rates | Weighted average remaining lease terms and discount rates were as follows:
Weighted average remaining lease term (years) |  | January 31, 2021 |
Operating leases |  |  | 37 |
Weighted average discount rate |  |  |  |
Operating leases |  |  | 4.85 | %
Schedule of Future Minimum Rental Payments for Operating Lease and Finance Lease | The aggregate future lease payments for Operating Lease Liability as of January 31, 2021 are as follows:
For the Years Ending January 31, |  |  |
2022 |  | $ | 172,177 |
2023 |  |  | 148,348 |
2024 |  |  | 112,116 |
2025 |  |  | 112,116 |
2026 |  |  | 112,116 |
Thereafter |  |  | 5,039,195 |
Total minimum lease payments |  | $ | 5,696,068 |
Less: amount representing interest |  |  | 3,326,787 |
Total present value of minimum payments |  |  | 2,369,281 |
Less: current portion of operating lease liability |  | $ | 58,536 |
Long term portion of operating lease liability |  |  | 2,310,745 |
Finance Leases [Member] |
Schedule of Lease Costs | The Trust’s Finance Lease costs recognized in the Consolidated Statement of Income for the Fiscal Year ended January 31, 2021 consist of the following:
|  | Fiscal Year Ended |
|  | January 31, 2021 |
Finance Lease Costs: |  |  |  |
Amortization of lease obligations |  | $ | 27,749 |
Interest on lease obligations |  |  | 4,581 |
Schedule of Cash Flow Information | Supplemental cash flow information is as follows:
|  | Fiscal Year Ended |
|  | January 31, 2021 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Operating cash flows from finance leases |  | $ | 31,123 |
Lease Obligations obtained: |  |  |  |
Finance leases, net |  | $ | 79,976 |
Long-term obligations |  | $ | 52,118 |
Schedule of Weighted Average Remaining Lease Terms and Discount Rates | Weighted average remaining lease terms and discount rates were as follows:
Weighted average remaining lease term (years) |  | January 31, 2021 |
Finance leases |  |  | 3 |
Weighted average discount rate |  |  |  |
Finance leases |  |  | 4.85 | %
Schedule of Future Minimum Rental Payments for Operating Lease and Finance Lease | The aggregate future lease payments for Finance Lease Liability as of January 31, 2021 are as follows:
For the Years Ending January 31, |  |  |
2022 |  | $ | 31,123 |
2023 |  |  | 31,123 |
2024 |  |  | 23,343 |
Total minimum lease payments |  | $ | 85,589 |
Less: amount representing interest |  |  | 5,613 |
Total present value of minimum payments |  |  | 79,976 |
Less: current portion |  | $ | 27,858 |
Long term portion of finance lease liability |  |  | 52,118 |

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