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BUSINESS SEGMENTS (Tables)
3 Months Ended
May 31, 2021
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]

Information by reporting segment for the three-month periods ended May 31, 2021 and 2020, are as follows:

 

NET REVENUES

 
                 
   

Three Months Ended

May 31,

 
   

2021

   

2020

 

UBAM

  $ 37,616,900     $ 36,926,200  

Publishing

    3,191,000       1,365,500  

Total

  $ 40,807,900     $ 38,291,700  

 

EARNINGS (LOSS) BEFORE INCOME TAXES

 
                 
   

Three Months Ended

May 31,

 
   

2021

   

2020

 

UBAM

  $ 7,861,200     $ 5,827,100  

Publishing

    861,600       346,600  

Other

    (4,062,200

)

    (3,529,800

)

Total

  $ 4,660,600     $ 2,643,900