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Condensed Balance Sheets - USD ($)
Apr. 30, 2018
Jan. 31, 2018
Apr. 30, 2017
Jan. 31, 2017
ASSETS        
Cash and cash equivalents $ 3,029,479 $ 314,835 $ 12,009,469 $ 13,695,168
U.S. Government securities, current, at amortized cost (which approximates market) 8,315,795 23,797,451    
Accrued income receivable 4,294,659 1,956,091    
Contract asset 1,430,427 99,264    
Prepaid expenses 69,151 54,640    
Current assets 17,139,511 26,222,281    
Assignments of leased property        
Amended assignment of Peters Lease 1 1    
Assignment of Cloquet Leases 1 1    
Certificate of beneficial interest for 13,120,010 units of Land Trust 1 1    
Total fixed property 3 3    
Total assets 17,139,514 26,222,284    
LIABILITIES, UNALLOCATED RESERVE AND TRUST CORPUS        
Distribution payable 5,904,005 15,481,612    
Accrued expenses 216,988 133,994    
Total liabilities 6,120,993 15,615,606    
Unallocated reserve 11,018,518 10,606,675    
Trust corpus 3 3    
Total liabilities, unallocated reserve and trust corpus $ 17,139,514 $ 26,222,284