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NATURE OF BUSINESS AND ORGANIZATION (Details) - USD ($)
3 Months Ended
Apr. 13, 2018
Apr. 30, 2018
Apr. 30, 2017
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
Royalty income   $ 6,646,670 $ 4,760,429
Interest   37,377 6,542
Total revenues   6,684,047 4,766,971
Expenses   368,199 295,046
Net income   $ 6,315,848 $ 4,471,925
Number of units outstanding   13,120,010 13,120,010
Net income per unit (Note 2) (in dollars per unit)   $ 0.4814 $ 0.3408
Distributions declared per unit (Note 3) (in dollars per unit) $ 0.45 $ 0.4500 $ 0.5500
Difference between Revenue Guidance in Effect before and after Topic 606 [Member] | Accounting Standards Update 2014-09 [Member]      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
Royalty income     $ 1,110,218
Total revenues     1,110,218
Net income     $ 1,110,218
Number of units outstanding     13,120,010
Net income per unit (Note 2) (in dollars per unit)     $ 0.0846
Calculated under Revenue Guidance in Effect before Topic 606 [Member] | Accounting Standards Update 2014-09 [Member]      
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]      
Royalty income     $ 3,650,211
Interest     6,542
Total revenues     3,656,753
Expenses     295,046
Net income     $ 3,361,707
Number of units outstanding     13,120,010
Net income per unit (Note 2) (in dollars per unit)     $ 0.2562
Distributions declared per unit (Note 3) (in dollars per unit)     $ 0.5500