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BALANCE SHEETS - USD ($)
Jan. 31, 2022
Jan. 31, 2021
Assets    
Cash and cash equivalents $ 47,727,522 $ 12,500,941
U.S. Government securities, at amortized cost (which approximates fair value)   9,906,669
Accrued income receivable 4,631,510 249,477
Contract asset 1,431,633 177,251
Prepaid expenses 122,545 94,585
Current assets 53,913,210 22,928,923
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 53,913,213 22,928,926
Liabilities, Unallocated Reserve And Trust Corpus    
Distribution payable 22,960,018 6,035,205
Accrued expenses 158,443 416,672
Total liabilities 23,118,461 6,451,877
Unallocated reserve 30,794,749 16,477,046
Trust corpus 3 3
Total liabilities, unallocated reserve and trust corpus $ 53,913,213 $ 22,928,926