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SHARE-BASED PAYMENTS
12 Months Ended
Jan. 31, 2022
Equity [Abstract]  
SHARE-BASED PAYMENTS

23. SHARE-BASED PAYMENTS

 

The Trust compensates its three non-employee Trustees for their services through grants of restricted Shares. The aggregate grant date fair value of these Shares was $143,560. These restricted 48,000 shares, (16,000 each to the three Independent Trustees), vest in equal monthly amounts during Fiscal Year 2022.

 

In addition, 3,000 IHT Restricted Shares were issued to each of the Trust’s three accountants, and 2,000 restricted IHT Shares to each of the three IHT employees. The shares were fully vested at January 31, 2022.

 

See Note 2 – “Summary of Significant Accounting Policies” for information related to grants of restricted shares under “Stock-Based Compensation.”