CASH FLOW INFORMATION (Tables)

12 Months Ended

Jul. 31, 2019

Supplemental Cash Flow Elements [Abstract]

Schedule of cash and cash equivalents and restricted cash

The following is a reconciliation of the Company’s cash and cash equivalents and restricted cash to the total presented on the consolidated statement of cash flows:

	July 31,
	2019		2018
Cash and cash equivalents	$	4,117,647	$	5,255,073
Restricted cash, tenant security deposits		859,674		1,332,671
Restricted cash, escrow		258,563		258,399
Restricted cash, other		27,840		33,480
	$	5,263,724	$	6,879,623

Schedule of cash flow information

Supplemental disclosures:

	July 31,
	2019		2018
Interest paid, net of capitalized interest of $77,880 (2019), and $37,471 (2018)	$	115,657	$	211,092
Income taxes paid	$	—	$	36,494