Fair Value of Financial Instruments (Details) (USD $)
Apr. 30, 2013
Jul. 31, 2012
Assets [Abstract]    
Gross unrealized gains $ 100,000 $ 100,000
Recurring [Member]
   
Assets [Abstract]    
Mutual funds 1,467,981 1,404,582
Recurring [Member] | Level 1 [Member]
   
Assets [Abstract]    
Mutual funds 1,467,981 1,353,365
Recurring [Member] | Level 2 [Member]
   
Assets [Abstract]    
Mutual funds 0 51,217
Recurring [Member] | Level 3 [Member]
   
Assets [Abstract]    
Mutual funds $ 0 $ 0