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CONSOLIDATED BALANCE SHEETS (USD $)
Jul. 31, 2012
Jul. 31, 2011
Assets    
Buildings and improvements $ 68,160,718 $ 65,575,947
Improvements to leased property 1,478,012 3,445,698
Fixtures and equipment 167,687 533,341
Land 6,067,805 6,067,805
Other 219,385 209,864
Construction in progress 72,467 1,554,457
Property, Plant and Equipment, Gross 76,166,074 77,387,112
Less accumulated depreciation and amortization 31,906,695 32,696,221
Property and equipment-net 44,259,379 44,690,891
Current Assets:    
Cash and cash equivalents (Notes 10 and 11) 1,340,203 2,656,354
Marketable securities (Notes 1, 2 and 11) 226,397 619,096
Receivables (Notes 1, 7 and 11) 276,585 264,857
Income taxes refundable 0 315,577
Deferred income taxes (Notes 1 and 5) 599,000 331,000
Security deposits 217,022 128,704
Prepaid expenses 1,220,333 1,197,574
Total current assets 3,879,540 5,513,162
Other Assets:    
Deferred charges (Notes 1 and 12) 3,594,846 3,468,585
Less accumulated amortization (Notes 1 and 12) 1,888,642 1,565,380
Net 1,706,204 1,903,205
Receivables (Notes 1, 7 and 11) 120,000 150,000
Security deposits 989,873 1,145,434
Unbilled receivables (Notes 1, 7 and 11) 2,214,540 1,606,099
Marketable securities (Notes 1, 2 and 11) 2,215,209 1,332,460
Total other assets 7,245,826 6,137,198
TOTAL ASSETS 55,384,745 56,341,251
Liabilities and Shareholders' Equity    
Mortgages and term loan payable (Notes 4 and 11) 5,591,597 5,750,259
Note payable-related party (Notes 11 and 14) 1,000,000 1,000,000
Security deposits payable (Note 11) 743,894 836,235
Payroll and other accrued liabilities (Notes 1, 6 and 8) 28,457 85,570
Total long-term debt 7,363,948 7,672,064
Deferred Income Taxes (Notes 1 and 5) 3,282,000 2,091,000
Current Liabilities:    
Accounts payable 85,083 142,593
Payroll and other accrued liabilities (Notes 1, 6 and 8) 1,483,944 1,511,225
Income taxes payable 79,362 0
Other taxes payable 4,287 3,376
Current portion of long-term debt (Notes 4, 11 and 14) 158,662 3,346,267
Current portion of security deposits payable (Note 11) 217,022 141,704
Total current liabilities 2,028,360 5,145,165
Total liabilities 12,674,308 14,908,229
Shareholders' Equity:    
Common stock, par value $1 each share (shares-5,000,000 authorized; 2,178,297 issued) 2,178,297 2,178,297
Additional paid in capital 3,346,245 3,346,245
Unrealized gain on available-for-sale securities - net of deferred taxes of $110,000 at July 31, 2012 and $64,000 at July 31, 2011. (Notes 1, 2, 5 and 11) 133,477 126,415
Retained earnings 38,340,270 37,069,917
Stockholders' Equity before Treasury Stock 43,998,289 42,720,874
Less common stock held in treasury, at cost - 162,517 shares at July 31, 2012 and July 31, 2011 (Note 13) 1,287,852 1,287,852
Total shareholders' equity 42,710,437 41,433,022
Commitments (Notes 6 and 7) and Contingencies (Note 15)      
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 55,384,745 $ 56,341,251