21. COMMITMENTS AND CONTINGENCIES Leases: The Albuquerque Hotel is subject to non-cancelable ground lease. The Albuquerque Hotel non-cancelable ground lease was extended on January 14, 2014 and expires in 2058. Total expense associated with the non-cancelable ground lease for the fiscal years ended January 31, 2017 and 2016 was $147,587 and $137,716, respectively During 2010, the Trust entered into a five-year office lease for its corporate headquarters. On April 30, 2014, the lease was extended for 36 months and expires in 2017 and has been extended on a month-to-month basis. The Trust recorded $30,271 and $29,206 of general and administrative expense related to the lease during fiscal years 2017 and 2016, respectively. The lease included a base rent charge of $31,994 for the first lease year beginning in fiscal year 2014, with annual increases to a final year base rent of $34,120 for lease year ending in fiscal year 2017. The Trust has the option to cancel the lease after each lease year for penalties of four months rent after the first year with the penalty decreasing by one months rent each successive lease year. It is the Trusts intention to remain in the office for the duration of the lease period, as extended. Future minimum lease payments under these non-cancelable ground lease and office lease are as follows: Fiscal Year Ending 2018 128,000 2019 114,000 2020 114,000 2021 114,000 2022 114,000 Thereafter 5,473,000 Total $ 6,057,000 Restricted Cash: The Trust is obligated under a loan agreement relating to the Tucson Oracle property to deposit 4% of the individual hotels room revenue into an escrow account to be used for capital expenditures. The escrow funds applicable to the Tucson Oracle property for which a mortgage lender escrow exists is reported on the Trusts Consolidated Balance Sheet as Restricted Cash. Since a $0 cash balance existed in Restricted Cash for the fiscal years 2017 and 2016, Restricted Cash line was omitted on the Trusts Consolidated Balance Sheet. Membership Agreements: InnSu