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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jan. 31, 2017
Jan. 31, 2016
Cash Flows From Operating Activities    
Net income $ 785,587 $ 624,101
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 829,300 814,150
Amortization of deferred charges 130,700 158,679
Deferred finance costs included in interest expense 11,436 11,400
Realized loss on sale of marketable securities 7,421 38,538
Other assets - unbilled receivables 179,610 192,022
Other assets - deferred charges (88,446) (42,070)
Deferred income taxes 397,000 322,000
Deferred revenue (583,334) (583,334)
Changes in:    
Receivables 39,894 (51,407)
Real estate tax refundable   (16,474)
Income taxes refundable 3,299 97,399
Prepaid expenses (484) 12,851
Accounts payable 29,055 60,433
Payroll and other accrued liabilities 255,913 (35,620)
Other taxes payable 6,937 6,028
Cash provided by operating activities 2,003,888 1,608,696
Cash Flows From Investing Activities    
Capital expenditures (1,081,210) (1,256,843)
Security deposits (4,151) 78,908
Marketable securities:    
Receipts from sales or maturities 115,173 238,663
Payments for purchases (167,208) (65,613)
Cash (used) by investing activities (1,137,396) (1,004,885)
Cash Flows From Financing Activities    
Increase - security deposits 4,152 (81,007)
Mortgage and other debt payments (1,076,875) (74,127)
Cash (used) by financing activities (1,072,723) (155,134)
Increase (decrease) in cash and cash equivalents (206,231) 448,677
Cash and cash equivalents at beginning of period 5,228,826 4,085,704
Cash and cash equivalents at end of period $ 5,022,595 $ 4,534,381