$IHT
InnSuites Hospitality Trust Stock $iht

$iht Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000149315224036442 Filed on September 16, 2024

Income Statement

Concept	2024 Q3
Revenue	$1.840M
YoY Change	6.93%
Cost Of Revenue	$925.5K
YoY Change	-37.05%
Gross Profit	$914.9K
YoY Change	-62.76%
Gross Profit Margin	49.71%
Selling, General & Admin	$1.028M
YoY Change	-50.48%
% of Gross Profit	112.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$173.0K
YoY Change	3.86%
% of Gross Profit	18.91%
Operating Expenses	$2.126M
YoY Change	13.88%
Operating Profit	-$286.0K
YoY Change	95.81%
Interest Expense	$128.2K
YoY Change	-21.14%
% of Operating Profit
Other Income/Expense, Net	$4.200K
YoY Change	-87.66%
Pretax Income	-$410.0K
YoY Change	49.3%
Income Tax	$0.00
% Of Pretax Income
Net Earnings	-$370.9K
YoY Change	-2067.03%
Net Earnings / Revenue	-20.15%
Basic Earnings Per Share	-$0.04
Diluted Earnings Per Share	-$0.04
COMMON SHARES
Basic Shares Outstanding	9.216M shares
Diluted Shares Outstanding	9.216M shares

Balance Sheet

Concept	2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$418.0K
YoY Change	-82.57%
Cash & Equivalents	$418.0K
Short-Term Investments
Other Short-Term Assets	$767.4K
YoY Change	97.8%
Inventory
Prepaid Expenses
Receivables	$40.54K
Other Receivables	$1.234M
Total Short-Term Assets	$2.459M
YoY Change	-31.45%
LONG-TERM ASSETS
Property, Plant & Equipment	$6.957M
YoY Change	-2.31%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.669M
YoY Change	3.09%
Other Assets
YoY Change
Total Long-Term Assets	$12.63M
YoY Change	-1.11%
TOTAL ASSETS
Total Short-Term Assets	$2.459M
Total Long-Term Assets	$12.63M
Total Assets	$15.09M
YoY Change	-7.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$918.2K
YoY Change	35.87%
Accrued Expenses	$26.17K
YoY Change	40.93%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00
YoY Change
Long-Term Debt Due	$1.077M
YoY Change	52.51%
Total Short-Term Liabilities	$2.021M
YoY Change	44.33%
LONG-TERM LIABILITIES
Long-Term Debt	$8.892M
YoY Change	-2.66%
Other Long-Term Liabilities	$2.217M
YoY Change	-1.45%
Total Long-Term Liabilities	$11.11M
YoY Change	-2.42%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.021M
Total Long-Term Liabilities	$11.11M
Total Liabilities	$13.13M
YoY Change	2.7%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$6.421M
YoY Change	-10.45%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$917.4K
YoY Change	42.62%
Treasury Stock Shares
Shareholders Equity	$5.504M
YoY Change
Total Liabilities & Shareholders Equity	$15.09M
YoY Change	-7.77%

Cashflow Statement

Concept	2024 Q3
OPERATING ACTIVITIES
Net Income	-$370.9K
YoY Change	-2067.03%
Depreciation, Depletion And Amortization	$173.0K
YoY Change	3.86%
Cash From Operating Activities	-$44.59K
YoY Change	-103.18%
INVESTING ACTIVITIES
Capital Expenditures	$101.1K
YoY Change	-27.21%
Acquisitions
YoY Change
Other Investing Activities	$0.00
YoY Change	-100.0%
Cash From Investing Activities	-$101.1K
YoY Change	-34.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	126.4K
YoY Change	-122.84%
NET CHANGE
Cash From Operating Activities	-44.59K
Cash From Investing Activities	-101.1K
Cash From Financing Activities	126.4K
Net Change In Cash	-19.30K
YoY Change	-102.78%
FREE CASH FLOW
Cash From Operating Activities	-$44.59K
Capital Expenditures	$101.1K
Free Cash Flow	-$145.7K
YoY Change	-111.54%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Security Exchange Name SecurityExchangeName	NYSEAMER
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--01-31
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2025
	dei	Entity Central Index Key EntityCentralIndexKey	0000082473
	IHT	Employee Retention Credit EmployeeRetentionCredit		usd
	dei	Document Type DocumentType	10-Q
	dei	Document Period End Date DocumentPeriodEndDate	2024-07-31
	dei	Entity File Number EntityFileNumber	1-07062
	dei	Entity Registrant Name EntityRegistrantName	INNSUITES HOSPITALITY TRUST
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	OH
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	34-6647590
	dei	Entity Address Address Line1 EntityAddressAddressLine1	InnSuites Hospitality Centre
	dei	Entity Address Address Line2 EntityAddressAddressLine2	1730 E. Northern Avenue
	dei	Entity Address Address Line3 EntityAddressAddressLine3	Suite 122
	dei	Entity Address City Or Town EntityAddressCityOrTown	Phoenix
	dei	Entity Address State Or Province EntityAddressStateOrProvince	AZ
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	85020
	dei	City Area Code CityAreaCode	(602)
	dei	Trading Symbol TradingSymbol	IHT
CY2024Q3	us-gaap	Cash Cash	418033	usd
CY2024Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	40538	usd
CY2024Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	111946	usd
CY2024Q3	IHT	Employee Retention Credit Receivable EmployeeRetentionCreditReceivable	1233527	usd
CY2024Q1	IHT	Employee Retention Credit Receivable EmployeeRetentionCreditReceivable	1233527	usd
CY2024Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	767356	usd
CY2024Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	310891	usd
CY2024Q3	us-gaap	Assets Current AssetsCurrent	2459454	usd
CY2024Q1	us-gaap	Assets Current AssetsCurrent	2981732	usd
CY2024Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	6957051	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	7051192	usd
CY2024Q3	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	1925000	usd
CY2024Q1	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	1925000	usd
CY2024Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	2078382	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	2088693	usd
CY2024Q1	IHT	Convertible Note Receivable ConvertibleNoteReceivable	1000000	usd
CY2024Q3	us-gaap	Investments Investments	668750	usd
CY2024Q1	us-gaap	Investments Investments	633750	usd
CY2024Q3	us-gaap	Assets Assets	15088637	usd
CY2024Q1	us-gaap	Assets Assets	15680367	usd
CY2024Q1	us-gaap	Convertible Notes Payable Current ConvertibleNotesPayableCurrent	230921	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	286164	usd
	us-gaap	Net Income Loss NetIncomeLoss	-527416	usd
	us-gaap	Net Income Loss NetIncomeLoss	245661	usd
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.06
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.06
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.03
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.03
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8761505	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8761505	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	9039730	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	9039730	shares
CY2024Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
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CY2024Q1	us-gaap	Common Stock No Par Value CommonStockNoParValue	0
	us-gaap	Common Stock Shares Authorized Unlimited CommonStockSharesAuthorizedUnlimited	Unlimited
CY2024	us-gaap	Common Stock Shares Authorized Unlimited CommonStockSharesAuthorizedUnlimited	Unlimited
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CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted
	us-gaap	Stock Issued During Period Value Treasury Stock Reissued StockIssuedDuringPeriodValueTreasuryStockReissued		usd
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	us-gaap	Share Based Compensation ShareBasedCompensation		usd
	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable		usd
	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable		usd
	IHT	Increase Decrease In Finance Lease Liability IncreaseDecreaseInFinanceLeaseLiability		usd
	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt		usd
	us-gaap	Repayments Of Other Debt RepaymentsOfOtherDebt		usd
	dei	Local Phone Number LocalPhoneNumber	944-1500
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	No
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	No
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2024Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	8774624	shares
	dei	Security12b Title Security12bTitle	Shares of beneficial interest without par value
CY2024Q1	us-gaap	Cash Cash	1325368	usd
CY2024Q3	IHT	Convertible Note Receivable ConvertibleNoteReceivable	1000000	usd
CY2024Q3	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	918183	usd
CY2024Q1	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	1049530	usd
CY2024Q3	us-gaap	Convertible Notes Payable Current ConvertibleNotesPayableCurrent	241551	usd
CY2024Q3	us-gaap	Other Notes Payable Current OtherNotesPayableCurrent	470000	usd
CY2024Q1	us-gaap	Other Notes Payable Current OtherNotesPayableCurrent	470000	usd
CY2024Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	26165	usd
CY2024Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	6268	usd
CY2024Q3	us-gaap	Liabilities Current LiabilitiesCurrent	2020899	usd
CY2024Q1	us-gaap	Liabilities Current LiabilitiesCurrent	1756719	usd
CY2024Q3	us-gaap	Long Term Loans Payable LongTermLoansPayable	8892346	usd
CY2024Q1	us-gaap	Long Term Loans Payable LongTermLoansPayable	9019664	usd
CY2024Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	2216563	usd
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	2249072	usd
CY2024Q3	us-gaap	Liabilities Liabilities	13129808	usd
CY2024Q1	us-gaap	Liabilities Liabilities	13025455	usd
CY2024Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	8988804	shares
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	8988804	shares
CY2024Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	8763485	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	8791822	shares
CY2024Q3	us-gaap	Common Stock Value CommonStockValue	6421402	usd
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	7039055	usd
CY2024Q3	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	225319	shares
CY2024Q1	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	196982	shares
CY2024Q3	us-gaap	Treasury Stock Value TreasuryStockValue	917425	usd
CY2024Q1	us-gaap	Treasury Stock Value TreasuryStockValue	872238	usd
CY2024Q3	us-gaap	Stockholders Equity StockholdersEquity	5503977	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	6166817	usd
CY2024Q3	us-gaap	Minority Interest MinorityInterest	-3545148	usd
CY2024Q1	us-gaap	Minority Interest MinorityInterest	-3511905	usd
CY2024Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1958829	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2654912	usd
CY2024Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	15088637	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	15680367	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	4134362	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	3927084	usd
	us-gaap	Operating Expenses OperatingExpenses	4249872	usd
	us-gaap	Operating Expenses OperatingExpenses	3896643	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-115510	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	30441	usd
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	14828	usd
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	18815	usd
	us-gaap	Investment Income Interest InvestmentIncomeInterest	15151	usd
	us-gaap	Investment Income Interest InvestmentIncomeInterest	33637	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	29979	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	52452	usd
	IHT	Interest On Mortgage Notes Payable InterestOnMortgageNotesPayable	235280	usd
	IHT	Interest On Mortgage Notes Payable InterestOnMortgageNotesPayable	242040	usd
	us-gaap	Interest Expense Other InterestExpenseOther	10576	usd
	us-gaap	Interest Expense Other InterestExpenseOther	10610	usd
	us-gaap	Interest Expense InterestExpense	245856	usd
	us-gaap	Interest Expense InterestExpense	252650	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-331387	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-169757	usd
	IHT	Employee Retention Credit EmployeeRetentionCredit	701582	usd
	us-gaap	Profit Loss ProfitLoss	-331387	usd
	us-gaap	Profit Loss ProfitLoss	531825	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	196029	usd
CY2024Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1840392	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1721128	usd
CY2024Q3	us-gaap	Operating Expenses OperatingExpenses	2126348	usd
CY2023Q3	us-gaap	Operating Expenses OperatingExpenses	1867165	usd
CY2024Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-285956	usd
CY2023Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-146037	usd
CY2024Q3	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	4161	usd
CY2023Q3	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	18009	usd
CY2024Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	39	usd
CY2023Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	16037	usd
CY2024Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	4200	usd
CY2023Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	34046	usd
CY2024Q3	IHT	Interest On Mortgage Notes Payable InterestOnMortgageNotesPayable	122959	usd
CY2023Q3	IHT	Interest On Mortgage Notes Payable InterestOnMortgageNotesPayable	158296	usd
CY2024Q3	us-gaap	Interest Expense Other InterestExpenseOther	5287	usd
CY2023Q3	us-gaap	Interest Expense Other InterestExpenseOther	4322	usd
CY2024Q3	us-gaap	Interest Expense InterestExpense	128246	usd
CY2023Q3	us-gaap	Interest Expense InterestExpense	162618	usd
CY2024Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-410002	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-274609	usd
CY2023Q3	IHT	Employee Retention Credit EmployeeRetentionCredit	350791	usd
CY2024Q3	us-gaap	Profit Loss ProfitLoss	-410002	usd
CY2023Q3	us-gaap	Profit Loss ProfitLoss	76182	usd
CY2024Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-39119	usd
CY2023Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	57327	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	-370883	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	18855	usd
CY2024Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.04
CY2024Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.04
CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	9215629	shares
CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	9215629	shares
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	9109276	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	9109276	shares
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2654912	usd
	us-gaap	Profit Loss ProfitLoss	-331387	usd
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	45187	usd
	us-gaap	Dividends Dividends	90237	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	229272	usd
CY2024Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1958829	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3682145	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3682145	usd
	us-gaap	Profit Loss ProfitLoss	531825	usd
	us-gaap	Profit Loss ProfitLoss	531825	usd
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	226180	usd
	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	23147	usd
	us-gaap	Dividends Dividends	90062	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	346342	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3574533	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3574533	usd
	us-gaap	Profit Loss ProfitLoss	-331387	usd
	us-gaap	Profit Loss ProfitLoss	531825	usd
	IHT	Operating Employee Retention Credit OperatingEmployeeRetentionCredit	-1123048	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	23147	usd
	us-gaap	Depreciation Depreciation	346080	usd
	us-gaap	Depreciation Depreciation	334786	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-71408	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	68299	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	456465	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	187521	usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-2301	usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-2296	usd
	IHT	Increase Decrease In Finance Lease Liability IncreaseDecreaseInFinanceLeaseLiability	-1284	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-131347	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-314522	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-504012	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1438884	usd
	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	251939	usd
	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	247194	usd
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	35000	usd
	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	30000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-286939	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-277194	usd
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	116688	usd
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	111605	usd
	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	365000	usd
	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	-100000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	90237	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	90062	usd
	IHT	Payments To Minority Shareholder PaymentsToMinorityShareholder	229272	usd
	IHT	Payments To Minority Shareholder PaymentsToMinorityShareholder	346342	usd
	us-gaap	Payments For Repurchase Of Other Equity PaymentsForRepurchaseOfOtherEquity	45187	usd
	us-gaap	Payments For Repurchase Of Other Equity PaymentsForRepurchaseOfOtherEquity	226180	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-116384	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-874189	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-907335	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	287501	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	1325368	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	2111383	usd
CY2024Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	418033	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	2398884	usd
	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_846_eus-gaap--UseOfEstimates_zIDpDgp5Rvoe" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_865_zJPONAy7sEB">USE OF ESTIMATES</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the unaudited condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the audited condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Trust’s operations are affected by numerous factors, including the economy, inflation, virus/pandemic, competition in the hotel industry and the effect of the economy on the travel and hospitality industries. The Trust cannot predict if any of the above items will have a significant impact in the future, nor can it predict what impact, if any, the occurrence of these or other events might have on the Trust’s operations and cash flows. Significant estimates and assumptions made by management include, but are not limited to, the estimated useful lives of long-lived assets and recoverability of long-lived assets and the fair values of the long-lived assets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2024Q3	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	8000	usd
CY2024Q1	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	8000	usd
	us-gaap	Weighted Average Limited Partnership Units Outstanding Diluted WeightedAverageLimitedPartnershipUnitsOutstandingDiluted	3185793	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	3185793	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	3185793	shares
	us-gaap	Advertising Expense AdvertisingExpense	180000	usd
	us-gaap	Advertising Expense AdvertisingExpense	165000	usd
	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p id="xdx_84F_eus-gaap--ConcentrationRiskCreditRisk_zNgVgDFzJoH9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_862_z4NHZOG0tlyl">CONCENTRATION OF CREDIT RISK</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Credit risk is the risk of an unexpected loss if a third party to a financial instrument fails to meet its contractual obligations. Financial instruments that potentially subject the Trust to a concentration of credit risk consist primarily of cash and cash equivalents. Management’s assessment of the Trust’s credit risk for cash and cash equivalents is low as cash and cash equivalents are held in financial institutions believed to be credit worthy. The Trust limits its exposure to credit loss by placing its cash with various major financial institutions and invests only in short-term obligations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">While the Trust is exposed to credit losses due to the non-performance of its counterparties, the Trust considers the risk of this remote. The Trust estimates its maximum credit risk for accounts receivable at the amount recorded on the balance sheet.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2024	us-gaap	Interest And Other Income InterestAndOtherIncome	45000	usd
CY2024Q1	us-gaap	Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights	45000	shares
CY2024Q2	us-gaap	Interest And Other Income InterestAndOtherIncome	35000	usd
CY2024Q2	us-gaap	Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights	35000	shares
CY2024Q3	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	1180000	usd
CY2024Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	952318	usd
CY2024Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	247906	usd
CY2024Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	260999	usd
CY2024Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	263125	usd
CY2024Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	274685	usd
CY2024Q3	IHT	Long Term Debt Maturities Repayments Of Principal After Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour	7969864	usd
CY2024Q3	us-gaap	Long Term Debt LongTermDebt	9968897	usd
	IHT	Shares Repurchase Price Per Share SharesRepurchasePricePerShare	1.59
	IHT	Shares Repurchase Price Per Share SharesRepurchasePricePerShare	2.19
	us-gaap	Interest Paid Net InterestPaidNet	245000	usd
	us-gaap	Interest Paid Net InterestPaidNet	250000	usd
	IHT	Notes Payables Shares Of Beneficial Interest And Partnership Units Repurchases NotesPayablesSharesOfBeneficialInterestAndPartnershipUnitsRepurchases	0	usd
	IHT	Notes Payables Shares Of Beneficial Interest And Partnership Units Repurchases NotesPayablesSharesOfBeneficialInterestAndPartnershipUnitsRepurchases	0	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2024Q3	us-gaap	Restricted Cash RestrictedCash	0	usd
CY2024Q1	us-gaap	Restricted Cash RestrictedCash	0	usd
	IHT	Membership Fees MembershipFees	92000	usd
	IHT	Membership Fees MembershipFees	97000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	72620	usd
	us-gaap	Operating Lease Payments OperatingLeasePayments	2301	usd
CY2024Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	2242728	usd
CY2024Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	2216563	usd
CY2024Q3	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P32Y
CY2024Q3	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0485	pure
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	67177	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	134367	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	134379	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	134391	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	134403	usd
CY2024Q3	IHT	Lessee Operating Lease Liability Payments Due After Year Four LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour	3992855	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	4597572	usd
CY2024Q3	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	2354844	usd
CY2024Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	2242728	usd
CY2024Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	26165	usd
CY2024Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	2216563	usd
CY2024Q3	IHT	Notes And Loans Receivable Net In Year Three NotesAndLoansReceivableNetInYearThree	1925000	usd
CY2024Q3	IHT	Notes Receivable Net Excluding Impairment NotesReceivableNetExcludingImpairment	1925000	usd
CY2024Q3	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	5200000	usd
CY2024Q3	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	2100000	usd
CY2024Q3	IHT	Syndications Syndications	2900000	usd
CY2024Q1	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	1800000	usd
CY2024Q3	us-gaap	Operating Loss Carryforwards Valuation Allowance OperatingLossCarryforwardsValuationAllowance	3300000	usd
CY2024Q3	us-gaap	Compensation And Benefits Trust CompensationAndBenefitsTrust	2700000	usd
	us-gaap	Income Tax Examination Description IncomeTaxExaminationDescription	the Trust conservatively placed an amount equal to approximately 12% of this total as a Tax Credit Receivable and/or Tax Refund on the Balance Sheet and Income statement, respectively, for the year ended January 31, 2024
CY2024Q3	IHT	Employee Retention Tax Credit Amount Received EmployeeRetentionTaxCreditAmountReceived	1500000	usd
CY2024Q1	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.02
CY2024Q2	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.01
CY2024Q3	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.01
CY2023Q2	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.01
CY2023Q3	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.01
CY2024Q1	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.01
CY2024Q3	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.01
CY2024Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	28937	shares
CY2024Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	42541	usd
CY2024	us-gaap	Net Income Loss NetIncomeLoss	203880	usd
CY2024	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.02
	us-gaap	Revenues Revenues	7500000	usd
CY2024	IHT	Increase In Revenues Percentage IncreaseInRevenuesPercentage	0.05	pure
CY2024	us-gaap	Revenues Revenues	7100000	usd
CY2024	IHT	Non Cash Depreciation Expenses NonCashDepreciationExpenses	956333	usd

Files In Submission

Name	View Source	Status
0001493152-24-036442-index-headers.html	Edgar Link	pending
0001493152-24-036442-index.html	Edgar Link	pending
0001493152-24-036442.txt	Edgar Link	pending
0001493152-24-036442-xbrl.zip	Edgar Link	pending
ex31-1.htm	Edgar Link	pending
ex31-2.htm	Edgar Link	pending
ex32-1.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
form10-q.htm	Edgar Link	pending
iht-20240731.xsd	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
form10-q_htm.xml	Edgar Link	completed
MetaLinks.json	Edgar Link	pending
iht-20240731_cal.xml	Edgar Link	unprocessable
iht-20240731_def.xml	Edgar Link	unprocessable
iht-20240731_lab.xml	Edgar Link	unprocessable
iht-20240731_pre.xml	Edgar Link	unprocessable
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R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$IHT
InnSuites Hospitality Trust Stock $iht

2024 Q3 Form 10-Q Financial Statement

#000149315224036442 Filed on September 16, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IHT InnSuites Hospitality Trust Stock $iht

2024 Q3 Form 10-Q Financial Statement

#000149315224036442 Filed on September 16, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IHT
InnSuites Hospitality Trust Stock $iht