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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Revenues    
Rental income $ 5,769,734 $ 5,079,547
Total revenues 5,769,734 5,079,547
Expenses    
Real estate operating expenses 3,785,421 3,630,122
Administrative and general expenses 1,250,231 1,404,112
Depreciation 418,496 451,270
Total expenses 5,454,148 5,485,504
Income (loss) from operations 315,586 (405,957)
Other income and interest expense:    
Investment income 8,797 6,767
Change in fair value of marketable securities (187,203) (53,127)
Interest expense (62,663) (80,433)
Total investment income and interest expense (241,069) (126,793)
Income (loss) from operations before income taxes 74,517 (532,750)
Income taxes provided (benefit) 15,000 (142,000)
Net income (loss) $ 59,517 $ (390,750)
Income (loss) per common share, basic (in Dollars per share) $ 0.03 $ (0.19)
Dividends per share (in Dollars per share)
Average common shares outstanding, basic (in Shares) 2,015,780 2,015,780