| Property and Equipment - at cost |
| 6. |
Property and Equipment – at cost: |
|
|
|
|
|
|
|
|
|
April 30 |
|
July 31 |
|
|
2018 |
|
2017 |
| Property: |
|
|
|
|
|
|
| Buildings and improvements |
|
$ |
82,515,948 |
|
$ |
80,825,601 |
| Improvements to leased property |
|
|
1,478,012 |
|
|
1,478,012 |
| Land |
|
|
6,067,805 |
|
|
6,067,805 |
| Construction in progress |
|
|
785,528 |
|
|
644,809 |
|
|
|
90,847,293 |
|
|
89,016,227 |
| Less accumulated depreciation |
|
|
40,926,729 |
|
|
39,648,642 |
| Property - net |
|
|
49,920,564 |
|
|
49,367,585 |
|
| Fixtures and equipment and other: |
|
|
|
|
|
|
| Fixtures and equipment |
|
|
144,545 |
|
|
144,545 |
| Other fixed assets |
|
|
193,015 |
|
|
193,015 |
|
|
|
337,560 |
|
|
337,560 |
| Less accumulated depreciation |
|
|
253,355 |
|
|
220,056 |
| Fixtures and equipment and other - net |
|
|
84,205 |
|
|
117,504 |
| |
| Property and equipment - net |
|
$ |
50,004,769 |
|
$ |
49,485,089 |
|
| Construction in progress includes: |
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
April 30 |
|
July 31 |
|
|
2018 |
|
2017 |
| Building improvements at 9 Bond Street in Brooklyn, NY |
|
$ |
– |
|
$ |
644,809 |
| Building improvements at Jamaica, NY building |
|
|
551,901 |
|
|
|
| Building improvements at Fishkill, NY building |
|
|
233,627 |
|
|
– |
|
|
$ |
785,528 |
|
$ |
644,809 |
|