XML 62 R46.htm IDEA: XBRL DOCUMENT v3.21.1
Fair Value of Financial Instruments (Tables)
12 Months Ended
Jan. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Liabilities Measured on Recurring Basis

The following table presents the estimated fair values of the Trust’s debt instruments, based on rates currently available to the Trust for bank loans with similar terms and average maturities, and the associated carrying value recognized in the consolidated balance sheets at January 31, 2021 and 2020:

 

    2021     2020  
    Carrying Amount     Fair Value     Carrying Amount     Fair Value  
Mortgage Notes Payable   $ 5,937,584     $ 3,677,645     $ 4,824,692     $ 3,141,032  
Notes Payable to Banks   $ -     $ -     $ 9,300     $ 9,3000  
Other Notes Payable   $ 1,048,093     $ 1,048,093     $ 1,494,030     $ 1,494,030