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REAL ESTATE, NET (Tables)
12 Months Ended
Feb. 28, 2015
Real Estate [Abstract]  
Schedule of Real Estate Properties [Table Text Block]
As of February 28, 2015, real estate, net consists of the following:
 
 
 
February 28, 2015
 
 
 
(in thousands)
 
 
 
 
 
 
Real estate under development
 
$
26,906
 
Buildings and building improvements
 
 
3,580
 
Land
 
 
2,452
 
 
 
 
32,938
 
Less: accumulated depreciation
 
 
1,817
 
 
 
$
31,121
 
Schedule Of Disposition Of Assets [Table Text Block]
Fiscal 2014
 
Certain information about the properties of the Company that have been sold during fiscal 2014, including the net proceeds generated by the sold properties, net of brokerage commissions and sale costs, are set forth below:
 
Property Location
 
Type of Property
 
Building Size
(estimated
square feet)
 
Net Proceeds
($ in millions)
 
Date of Sale
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Berwyn, PA
 
Short term property
 
 
69,000
 
 
3.0
 
 
April, 2014
 
Secaucus, NJ
 
Short term property
 
 
340,000
 
 
28.0
 
 
May, 2014
 
Williamsville, NY
 
Short term property
 
 
102,000
 
 
2.4
 
 
September, 2014
 
Total
 
 
 
 
511,000
 
$
33.4
 
 
 
 
 
Fiscal 2013
 
Certain information about the properties of the Company that have been sold during fiscal 2013, including the net proceeds generated by the sold properties, net of brokerage commissions and sale costs, are set forth below:
 
Property Location
 
Type of Property
 
Building Size
(estimated
square feet)
 
Net Proceeds
($ in millions)
 
Date of Sale
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Southfield, MI
 
Short term property
 
 
60,000
 
 
2.5
 
 
April, 2013
 
Marietta, GA
 
Short term property
 
 
77,000
 
 
2.9
 
 
July, 2013
 
Ft. Lauderdale, FL
 
Short term property
 
 
55,000
 
 
1.9
 
 
August, 2013
 
Elmsford, NY
 
Medium term property
 
 
59,000
 
 
22.0
 
 
August, 2013
 
Cherry Hill, NJ
 
Short term property
 
 
150,000
 
 
4.5
 
 
September, 2013
 
Addison, IL
 
Short term property
 
 
68,000
 
 
1.9
 
 
December, 2013
 
Norcross, GA
 
Short term property
 
 
69,000
 
 
1.1
 
 
February, 2014
 
Total
 
 
 
 
538,000
 
$
36.8