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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND RETAINED EARNINGS (USD $)
3 Months Ended 6 Months Ended
Jan. 31, 2015
Jan. 31, 2014
Jan. 31, 2015
Jan. 31, 2014
Revenues        
Rental income (Notes 4 and 8) $ 4,412,233us-gaap_OperatingLeasesIncomeStatementLeaseRevenue $ 4,139,589us-gaap_OperatingLeasesIncomeStatementLeaseRevenue $ 8,752,590us-gaap_OperatingLeasesIncomeStatementLeaseRevenue $ 8,358,353us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
Recovery of real estate taxes       10,625mays_RecoveryOfRealEstateTaxes   
Revenue to temporarily vacate lease (Note 13) 291,667mays_VacateLeaseRevenue    583,334mays_VacateLeaseRevenue   
Total revenues 4,703,900us-gaap_RealEstateRevenueNet 4,139,589us-gaap_RealEstateRevenueNet 9,346,549us-gaap_RealEstateRevenueNet 8,358,353us-gaap_RealEstateRevenueNet
Expenses        
Real estate operating expenses 2,470,736us-gaap_CostOfRealEstateRevenue 2,501,560us-gaap_CostOfRealEstateRevenue 4,794,934us-gaap_CostOfRealEstateRevenue 4,653,285us-gaap_CostOfRealEstateRevenue
Administrative and general expenses 1,139,437us-gaap_GeneralAndAdministrativeExpense 1,188,548us-gaap_GeneralAndAdministrativeExpense 2,122,730us-gaap_GeneralAndAdministrativeExpense 2,106,596us-gaap_GeneralAndAdministrativeExpense
Depreciation and amortization (Note 6) 443,822us-gaap_DepreciationAndAmortization 424,352us-gaap_DepreciationAndAmortization 884,807us-gaap_DepreciationAndAmortization 842,907us-gaap_DepreciationAndAmortization
Loss on disposition of property and equipment          4,291us-gaap_GainLossOnDispositionOfAssets
Total expenses 4,053,995us-gaap_OperatingExpenses 4,114,460us-gaap_OperatingExpenses 7,802,471us-gaap_OperatingExpenses 7,607,079us-gaap_OperatingExpenses
Income from operations before investment income, interest expense and income taxes 649,905us-gaap_OperatingIncomeLoss 25,129us-gaap_OperatingIncomeLoss 1,544,078us-gaap_OperatingIncomeLoss 751,274us-gaap_OperatingIncomeLoss
Investment income and interest expense:        
Investment income (Note 3) 26,353us-gaap_InvestmentIncomeInterestAndDividend 30,965us-gaap_InvestmentIncomeInterestAndDividend 32,544us-gaap_InvestmentIncomeInterestAndDividend 220,389us-gaap_InvestmentIncomeInterestAndDividend
Interest expense (Notes 5, 7 and 10) (92,345)us-gaap_InterestExpense (113,144)us-gaap_InterestExpense (201,037)us-gaap_InterestExpense (211,689)us-gaap_InterestExpense
Interest Income (Expense), Net (65,992)us-gaap_InterestIncomeExpenseNet (82,179)us-gaap_InterestIncomeExpenseNet (168,493)us-gaap_InterestIncomeExpenseNet 8,700us-gaap_InterestIncomeExpenseNet
Income (loss) from operations before income taxes 583,913us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (57,050)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 1,375,585us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 759,974us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income taxes provided 255,000us-gaap_IncomeTaxExpenseBenefit    608,000us-gaap_IncomeTaxExpenseBenefit 381,000us-gaap_IncomeTaxExpenseBenefit
Net income (loss) 328,913us-gaap_NetIncomeLoss (57,050)us-gaap_NetIncomeLoss 767,585us-gaap_NetIncomeLoss 378,974us-gaap_NetIncomeLoss
Retained earnings, beginning of period 40,181,936us-gaap_RetainedEarningsAccumulatedDeficit 39,439,965us-gaap_RetainedEarningsAccumulatedDeficit 39,743,264us-gaap_RetainedEarningsAccumulatedDeficit 39,003,941us-gaap_RetainedEarningsAccumulatedDeficit
Retained earnings, end of period $ 40,510,849us-gaap_RetainedEarningsAccumulatedDeficit $ 39,382,915us-gaap_RetainedEarningsAccumulatedDeficit $ 40,510,849us-gaap_RetainedEarningsAccumulatedDeficit $ 39,382,915us-gaap_RetainedEarningsAccumulatedDeficit
Income (loss) per common share (Note 2) $ 0.16us-gaap_EarningsPerShareBasic $ (0.03)us-gaap_EarningsPerShareBasic $ 0.38us-gaap_EarningsPerShareBasic $ 0.19us-gaap_EarningsPerShareBasic
Dividends per share            
Average common shares outstanding 2,015,780us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 2,015,780us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 2,015,780us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 2,015,780us-gaap_WeightedAverageNumberOfSharesOutstandingBasic