Operating Leases (Tables)

12 Months Ended

Jul. 31, 2022

Deferred Charges [Abstract]

Schedule of revenues by lease and non-lease components

	Years Ended July 31,
	2022		2021
Base rent - fixed	$	19,534,802	$	18,355,925
Reimbursements of common area costs (cam)		839,950		751,618
Non-lease components (real estate taxes)		1,021,283		1,105,336
Rental income	$	21,396,035	$	20,212,879

	Years Ended July 31,
	2022		2021
Base rent - fixed
Company owned property	$	12,893,208	$	11,798,456
Leased property		6,641,594		6,557,469
		19,534,802		18,355,925
Reimbursements of common area costs &
Non-lease components (real estate taxes)
Company owned property		1,234,537		1,237,614
Leased property		626,696		619,340
		1,861,233		1,856,954
Total	$	21,396,035	$	20,212,879

Schedule of future minimum non-cancelable rental income

	Company
	Owned		Leased
Year Ended July 31,	Property		Property		Total
2023	$	11,302,148	$	4,196,714	$	15,498,862
2024		8,329,055		3,072,220		11,401,275
2025		7,979,794		2,689,008		10,668,802
2026		7,130,748		2,554,525		9,685,273
2027		6,419,818		2,411,741		8,831,559
After 2027		31,768,645		5,456,013		37,224,658
Total	$	72,930,208	$	20,380,221	$	93,310,429

Schedule of operating lease right-of-use assets, liabilities and rent expense

	Operating		Operating		Monthly
	Lease Right-		Lease		Rent
	of-Use-Asset		Liability		Expense
Increase resulting from July 2022 lease modification	$	94,412	$	94,412	$	2,563

Schedule of rental expense

	Years Ended July 31,
	2022			2021
Sublease income	$	7,268,290		$	7,176,809
Operating lease cost		(3,333,406	)		(3,330,843	)
Excess of sublease income over lease cost	$	3,934,884		$	3,845,966

Schedule of additional information related to leases

	Years Ended July 31,
	2022		2021
Other information:
Operating cash flows from operating leases	$	2,116,363	$	2,024,246

Schedule of annual undiscounted cash flows of the operating lease liabilities

	Operating
Year ended July 31	Leases
2023	$	2,132,945
2024		2,150,129
2025		2,167,284
2026		2,237,257
2027		2,328,731
Thereafter		23,257,001
Total undiscounted cash flows		34,273,347
Less: present value discount		(7,673,179	)
Total Lease Liabilities	$	26,600,168