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FAIR VALUE OF FINANCIAL INSTRUMENTS NARRATIVE (Details) - USD ($)
3 Months Ended 6 Months Ended
Nov. 30, 2015
Nov. 30, 2014
Nov. 30, 2015
Nov. 30, 2014
FAIR VALUE OF FINANCIAL INSTRUMENTS NARRATIVE DETAILS        
The change in the fair value of the asset resulted in losses $ 61,000   $ 51,000  
The change in the fair value of the asset resulted in gains   $ 21,000   $ 60,000
Discount rate     0.0700  
Asset Purchase Agreement totaled     $ 423,000