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CONSOLIDATED BALANCE SHEETS (USD $)
Jul. 31, 2013
Jul. 31, 2012
Assets    
Buildings and improvements $ 70,513,716 $ 68,160,718
Improvements to leased property 1,478,012 1,478,012
Fixtures and equipment 194,893 167,687
Land 6,067,805 6,067,805
Other 238,906 219,385
Construction in progress 487,934 72,467
Property, Plant and Equipment, Gross 78,981,266 76,166,074
Less accumulated depreciation and amortization 33,346,801 31,906,695
Property and equipment-net 45,634,465 44,259,379
Current Assets:    
Cash and cash equivalents (Notes 10 and 11) 664,718 1,340,203
Marketable securities (Notes 1, 2 and 11) 50,326 226,397
Receivables (Notes 1, 7 and 11) 309,517 276,585
Income taxes refundable 325,072   
Deferred income taxes (Notes 1 and 5) 676,000 599,000
Security deposits 257,975 217,022
Prepaid expenses 1,321,270 1,220,333
Total current assets 3,604,878 3,879,540
Other Assets:    
Deferred charges (Notes 1 and 12) 3,806,743 3,594,846
Less accumulated amortization (Notes 1 and 12) 1,920,661 1,888,642
Net 1,886,082 1,706,204
Receivables (Notes 1, 7 and 11) 90,000 120,000
Security deposits 896,970 989,873
Unbilled receivables (Notes 1, 7 and 11) 2,172,269 2,214,540
Marketable securities (Notes 1, 2 and 11) 2,409,273 2,215,209
Total other assets 7,454,594 7,245,826
TOTAL ASSETS 56,693,937 55,384,745
Liabilities and Shareholders' Equity    
Mortgages and term loan payable (Notes 4 and 11) 5,421,335 5,591,597
Note payable-related party (Notes 11 and 14) 1,000,000 1,000,000
Security deposits payable (Note 11) 579,709 743,894
Payroll and other accrued liabilities (Notes 1, 6 and 8) 59,683 28,457
Total long-term debt 7,060,727 7,363,948
Deferred Income Taxes (Notes 1 and 5) 3,684,000 3,282,000
Current Liabilities:    
Accounts payable 57,668 85,083
Payroll and other accrued liabilities (Notes 1, 6 and 8) 2,033,923 1,483,944
Income taxes payable    79,362
Other taxes payable 5,118 4,287
Current portion of long-term debt (Notes 4 and 11) 170,262 158,662
Current portion of security deposits payable (Note 11) 257,975 217,022
Total current liabilities 2,524,946 2,028,360
Total liabilities 13,269,673 12,674,308
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 $150,000 at July 31, 2013 and $110,000 at July 31, 2012. (Notes 1, 2, 5 and 11) 183,633 133,477
Retained earnings 39,003,941 38,340,270
Stockholders' Equity before Treasury Stock 44,712,116 43,998,289
Less common stock held in treasury, at cost - 162,517 shares at July 31, 2013 and July 31, 2012 (Note 13) 1,287,852 1,287,852
Total shareholders' equity 43,424,264 42,710,437
Commitments (Notes 6 and 7) and Contingencies (Note 15)      
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 56,693,937 $ 55,384,745