Cash Flow Information (Tables)

6 Months Ended

Jan. 31, 2021

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:

	January 31
	2021		2020
Cash and cash equivalents	$	1,493,124	$	3,146,214
Restricted cash, tenant security deposits		814,152		808,663
Restricted cash, escrow		71,674		71,603
Restricted cash, other		27,140		27,840
	$	2,406,090	$	4,054,320

Schedule of supplemental disclosure

Amounts in restricted cash primarily consist of cash held in bank accounts for tenant security deposits, amounts set aside in accordance with certain loan agreements, and security deposits with landlords and utility companies.

Supplemental disclosure:	Six Months Ended
	January 31
	2021		2020
Cash Flow Information
Interest paid, net of capitalized interest of $34,390 (2021) and $64,759 (2020)	$	147,196	$	35,210
Income taxes (refunded)		(23,040)		(23,041)
Non-cash information
Recognition of operating lease right-of-use assets			$	29,384,531
Recognition of operating lease liabilities				20,143,101
Mortgage refinance				5,255,920