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DEFERRED CHARGES
 12 Months Ended
Jul. 31, 2024
Revenue Recognition and Deferred Revenue [Abstract]  
DEFERRED CHARGES

9. DEFERRED CHARGES:

Deferred charges for the fiscal years ended July 31, 2024 and 2023 consist of the following:

   July 31, 2024   July 31, 2023 
   Gross
Carrying Amount		   Accumulated
Amortization		   Gross
Carrying Amount		   Accumulated
Amortization		 
Leasing brokerage commissions  $6,350,308   $2,794,954   $5,471,610   $2,253,786 
Professional fees for leasing   81,826    56,595    127,810    94,934 
Total  $6,432,134   $2,851,549   $5,599,420   $2,348,720 

The aggregate amortization expense for the periods ended July 31, 2024 and July 31, 2023 were $502,829, and $452,781, respectively.

The weighted average life of current year additions to deferred charges was approximately nine years.

The estimated aggregate amortization expense for each of the five succeeding fiscal years is as follows:

       
Year Ended July 31  Amortization 
2025  $467,022 
2026  $426,170 
2027  $366,528 
2028  $358,132 
2029  $322,907