SALE-LEASEBACK TRANSACTION - OPERATING LEASE (Details Narrative) - USD ($) |
12 Months Ended | |
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Feb. 29, 2016 |
Feb. 28, 2015 |
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Rent expense | $ 132,504 | $ 132,504 |
Sale-Leaseback Arrangement [Member] | Land and Building [Member] | ||
Lease terms |
Twenty years. |
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Gain realized | $ 500,000 |
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- Definition Rental expense for the reporting period incurred under operating leases, including minimum and any contingent rent expense, net of related sublease income. 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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- Details
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