v3.26.3
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Jul. 31, 2026
Jul. 31, 2025
Revenues    
Rental income $ 21,094,506 $ 22,469,710
Total revenues 21,094,506 22,469,710
Expenses    
Real estate operating expenses 16,107,979 15,655,276
Administrative and general expenses 4,963,853 5,168,751
Depreciation 1,899,239 1,800,015
Total expenses 22,971,071 22,624,042
Loss from operations (1,876,565) (154,332)
Other income (expenses)    
Dividend and interest income 24,416 26,836
Interest expense, net of capitalized interest (122,387) (67,744)
Total other income (expenses) (97,971) (40,908)
Loss before income tax (1,974,536) (195,240)
Income tax provision (benefit) (575,000) (59,000)
Net loss $ (1,399,536) $ (136,240)
Loss per common share, basic $ (0.69) $ (0.07)
Loss per common share, diluted $ (0.69) $ (0.07)
Weighted average common shares outstanding, basic 2,015,780 2,015,780
Weighted average common shares outstanding, diluted 2,015,780 2,015,780