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Long-Term Debt - Mortgages (Schedule of Long-term Debt) (Details) - USD ($)
6 Months Ended
Jan. 31, 2021
Jul. 31, 2020
Mar. 31, 2020
Nov. 30, 2019
Mortgage:        
Deferred financing costs $ (149,911) $ (168,967)    
Net $ 8,080,454 8,627,965    
Bond St. Building Brooklyn NY Two [Member]        
Mortgage:        
Current Annual Interest Rate 4.375% [1]     4.375%
Final Payment Date [1] Dec. 01, 2024      
Long term loan [1] $ 4,330,054 4,829,832    
Fishkill, New York Property [Member]        
Mortgage:        
Current Annual Interest Rate 3.98% [2]   3.98%  
Final Payment Date [2] Apr. 01, 2025      
Long term loan [2] $ 3,900,311 $ 3,967,100    
[1] In November 2019, the Company refinanced the remaining balance of a $6,000,000, 3.54% interest rate loan with another bank for $5,255,920 plus an additional $144,080 for a total of $5,400,000. The interest rate on the new loan is fixed at 4.375%. The loan is self-liquidating over a period of five years and secured by the Nine Bond Street building in Brooklyn, New York.
[2] In March 2020, the Company obtained a loan with a bank in the amount of $4,000,000 to finance renovations and brokerage commissions relating to space leased to a community college at the Fishkill, New York building. The loan is secured by the Fishkill, New York building; amortized over a 20-year period with an interest rate of 3.98% and is due in five years.