Commitments and Contingent Liabilities (Tables)

12 Months Ended

Jul. 31, 2012

Commitments and Contingencies Disclosure [Abstract]

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

Aggregate minimum annual lease commitments of the Company under non-cancelable operating leases as of July 31, 2012 are as follows:

Year	Amount
2013	$	124,225
2014		111,723
2015		99,367
2016 and thereafter		—
Total Minimum Lease Payments	$	335,315

Schedule Of Future Minimum Rental Receivable For Operating Leases [Table Text Block]

The Company leases units of property that it owns located in Toronto, Canada. The following represents the approximate minimum amount in lease income under current lease agreements to be received in years ending after July 31, 2012:

Year	Amount
2013	$	214,878
2014		193,583
2015		171,915
2016		146,407
2017		153,604
Thereafter		465,804
Total	$	1,346,191