SALE-LEASEBACK TRANSACTION - OPERATING LEASE (Details) (USD $)
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1 Months Ended | 12 Months Ended | |
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Feb. 25, 1999
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Feb. 28, 2014
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Feb. 28, 2013
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SALE-LEASEBACK TRANSACTION - OPERATING LEASE [Abstract] | |||
2015 | $ 132,504 | ||
2016 | 132,504 | ||
2017 | 132,504 | ||
2018 | 132,504 | ||
2019 | 132,504 | ||
Total future rental payments | 662,520 | ||
Sale leaseback transaction, lease term | 20 years | ||
Sale leaseback transaction, deferred gain recognized | 449,617 | ||
Sale leaseback transaction, rent expense | $ 132,504 | $ 132,504 |
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- Details
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- Definition
Amount of minimum lease payments for sale-leaseback transactions accounted for using the deposit method or as a financing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of minimum lease payments maturing in the fifth fiscal year following the latest fiscal year for sale-leaseback transactions accounted for using the deposit method or as a financing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of minimum lease payments maturing in the fourth fiscal year following the latest fiscal year for sale-leaseback transactions accounted for using the deposit method or as a financing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of minimum lease payments maturing in the next fiscal year following the latest fiscal year for sale-leaseback transactions accounted for using the deposit method or as a financing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of minimum lease payments maturing in the third fiscal year following the latest fiscal year for sale-leaseback transactions accounted for using the deposit method or as a financing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of minimum lease payments maturing in the second fiscal year following the latest fiscal year for sale-leaseback transactions accounted for using the deposit method or as a financing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of the gain that will be recorded as income or a reduction in rent expense in future periods less amounts recognized in the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
A description of the terms of the lease(s) related to the assets being leased-back in connection with the transaction involving the sale of property to another party and the lease of the property back to the seller. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of the current period expense recorded for use of the property in connection with the transaction involving the sale of property to another party and the lease of the property back to the seller. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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