SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Feb. 28, 2015

Accounting Policies [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 through February 9, 2015 are as follows (in thousands):

	Liquidation Period
	Balance						Balance						Balance
	February 9,		Adjustments				March 1,		Adjustments				March 2,
Estimated Costs of Liquidation	2015		to Reserves		Payments		2014		to Reserves		Payments		2013
Real estate related carrying costs	$	259	$	(5,119)	$	(5,583)	$	10,961	$	4,404	$	(9,096)	$	15,653
Professional fees		641		958		(3,983)		3,666		2,564		(3,944)		5,046
Payroll related costs		372		(227)		(2,118)		2,717		1,445		(2,156)		3,428
Other		-		(453)		(115)		568		459		(251)		360
	$	1,272	$	(4,841)	$	(11,799)	$	17,912	$	8,872	$	(15,447)	$	24,487

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 period from March 2, 2014 through February 9, 2015 and the fiscal year ended March 1, 2014 (in thousands):

Adjustments of Assets and Liabilities to Net Realizable Value	March 2, 2014 through February 9, 2015		March 3, 2013 through March 1, 2014
Adjust real estate to estimated net realizable value	$	35,025	$	53,685
Adjust estimated lease settlement liabilities to net realizable value		451		4,574
Adjust pension liability		(1,208)		1,024
Adjust other claims to net realizable value		1,654		228
	$	35,922	$	59,511