Debt (Tables)

3 Months Ended

Aug. 31, 2015

Debt Disclosure [Abstract]

Schedule of Debt

Debt as of August 31, 2015 and May 31, 2015 is as follows:

	August 31, 2015			May 31, 2015
Term note payable to International Bank of Commerce, interest rate of 4.5%, due January 31, 2019, monthly principal and interest payments of $171,760	$	6,506,944		$	6,945,884
Revolving note payable to International Bank of Commerce, prime rate of interest plus 0.5% but not less than 4.0%, due January 31, 2016		-			300,000
Term note payable by GRE to International Bank of Commerce, interest rate of 4.5%, due January 31, 2019, monthly principal and interest payments of $26,215		3,151,685			3,207,553
Note payable to Robert Rosene, 7.5% interest, due January 15, 2017		2,066,000			2,066,000
Other		58,526			59,574
		11,783,155			12,579,011
Less: Current portion		(1,987,039	)		(2,278,164	)
Long-term debt	$	9,796,116		$	10,300,847