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BASIS OF PRESENTATION (Tables)
12 Months Ended
Mar. 01, 2014
Organization, Consolidation and Presentation Of Financial Statements [Abstract]  
Schedule of Accrued Liabilities [Table Text Block]
The company’s accrued costs expected to be incurred in liquidation and recorded payments made related to the accrued liquidation costs are as follows (in thousands):
 
 
 
Balance
 
 
 
 
 
 
 
Balance
 
 
 
 
 
 
 
Balance
 
 
 
March 1,
 
Adjustments
 
 
 
 
March 2,
 
Adjustments
 
 
 
 
February 25,
 
Estimated Costs of Liquidation
 
2014
 
to Reserves
 
Payments
 
2013
 
to Reserves
 
Payments
 
2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Real estate related carrying costs
 
$
10,961
 
$
4,404
 
$
(9,096)
 
$
15,653
 
$
13,763
 
$
(5,760)
 
$
7,650
 
Professional fees
 
 
3,666
 
 
2,564
 
 
(3,944)
 
 
5,046
 
 
13,879
 
 
(31,753)
 
 
22,920
 
Payroll related costs
 
 
2,717
 
 
1,445
 
 
(2,156)
 
 
3,428
 
 
4,938
 
 
(3,087)
 
 
1,577
 
Other
 
 
568
 
 
459
 
 
(251)
 
 
360
 
 
1,159
 
 
(968)
 
 
169
 
 
 
$
17,912
 
$
8,872
 
$
(15,447)
 
$
24,487
 
$
33,739
 
$
(41,568)
 
$
32,316
 
Schedule Of Adjustments To Fair Value Of Assets and Liabilities [Table Text Block]
The following table summarizes adjustments to the fair value of assets and liabilities under the liquidation basis of accounting during the fiscal years ended March 1, 2014 and March 2, 2013 (in thousands):
 
Adjustments of Assets and Liabilities to Net Realizable Value
 
March 3, 2013 
through 
March 1, 2014
 
February 26, 2012
through
March 2, 2013
 
 
 
 
 
 
 
 
 
Adjust real estate to estimated net realizable value
 
$
53,685
 
$
16,688
 
Adjust other assets to estimated net realizable value
 
 
-
 
 
(2,891)
 
Adjust estimated lease settlement costs to net realizable value
 
 
4,574
 
 
11,922
 
Adjust liability to restore properties
 
 
-
 
 
311
 
Adjust obligation to former majority shareholder
 
 
-
 
 
(19,566)
 
Adjust obligation to customers
 
 
-
 
 
4,601
 
Adjust pension liability
 
 
1,024
 
 
1,860
 
Adjust other claims to net realizable value
 
 
228
 
 
(572)
 
 
 
$
59,511
 
$
12,353