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Condensed Consolidated Balance Sheets - USD ($)
Oct. 31, 2020
Jan. 31, 2020
Current Assets:    
Cash and Cash Equivalents $ 47,386 $ 1,200,528
Accounts Receivable, including approximately $37,000 and $375,000 from related parties and net of Allowance for Doubtful Accounts of approximately $22,000 and $15,000 as of October 31, 2020 and January 31, 2020, respectively 47,215 585,226
Income Tax Receivable 119,661 294,402
Advances to Affiliates - Related Party 657,000 1,000,000
Current Portion of Note Receivable (net) 91,667
Prepaid Expenses and Other Current Assets 85,276 77,806
Total Current Assets 956,538 3,249,629
Property, Plant and Equipment, (net) 8,367,801 8,983,323
Note Receivable (net) 1,925,500 1,833,333
Operating Lease - Right of Use 2,162,331 2,197,364
Finance Lease - Right of Use 83,246 131,806
Investments 1,030,000 600,000
TOTAL ASSETS 14,525,416 16,995,455
Current Liabilities:    
Accounts Payable and Accrued Expenses 1,685,348 1,384,971
Current Portion of Notes Payable - Related Party 35,000 161,440
Current Portion of Mortgage Notes Payable, net of Discount 166,768 160,849
Current Portion of Notes Payable to Banks, net of Discount 500 17,100
Current Portion of Other Notes Payable 682,318 806,712
Current Portion of Operating Lease Liability 56,960 168,780
Current Portion of Finance Lease Liability 27,523 31,123
Total Current Liabilities 2,654,417 2,730,975
Mortgage Notes Payable, net of Discount 5,818,131 5,944,819
Other Notes Payable 525,432 73,491
Operating Lease Liability, net of current portion 2,326,160 2,252,964
Finance Lease Liability, net of current portion 59,209 75,396
TOTAL LIABILITIES 11,383,349 11,077,645
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY    
Shares of Beneficial Interest, without par value, unlimited authorization; 18,626,215 and 18,608,215 shares issued and 9,057,730 and 9,273,299 shares outstanding at October 31, 2020 and January 31, 2020, respectively 20,485,317 21,837,048
Treasury Stock, 9,568,485 and 9,334,916 shares held at cost at October 31, 2020 and January 31, 2020, respectively (13,936,972) (13,689,533)
TOTAL TRUST SHAREHOLDERS' EQUITY 6,548,345 8,147,515
NON-CONTROLLING INTEREST (3,406,279) (2,229,705)
TOTAL EQUITY 3,142,066 5,917,515
TOTAL LIABILITIES AND EQUITY $ 14,525,416 $ 16,995,455