FEDERAL AND STATE INCOME TAXES (Schedule of Income Tax Provision) (Details) (USD $)
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12 Months Ended | |
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Feb. 28, 2015
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Feb. 28, 2014
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State income tax: | ||
Current, net of refund | $ 1,000us-gaap_CurrentStateAndLocalTaxExpenseBenefit | $ 984us-gaap_CurrentStateAndLocalTaxExpenseBenefit |
Federal income tax: | ||
Deferred | 102,087us-gaap_DeferredFederalIncomeTaxExpenseBenefit | (49,000)us-gaap_DeferredFederalIncomeTaxExpenseBenefit |
Current | 218,332us-gaap_CurrentFederalTaxExpenseBenefit | 355,040us-gaap_CurrentFederalTaxExpenseBenefit |
Provision for taxes | $ 321,419us-gaap_IncomeTaxExpenseBenefit | $ 307,024us-gaap_IncomeTaxExpenseBenefit |
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- Definition
Amount of current federal tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of current state and local tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of deferred federal income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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