OTHER ASSETS

12 Months Ended

Jan. 31, 2014

Disclosure Text Block Supplement [Abstract]

Other Assets Disclosure [Text Block]

6. OTHER ASSETS

The components of other noncurrent assets at January 31, 2014 and 2013 are as follows (amounts in thousands):

	January 31,
	2014		2013
Deferred financing costs, net	$	402	$	781
Prepaid commissions		—		164
Deposits		1,014		2,064
Real estate taxes refundable		3,644		2,614
Other		328		1,138
Total	$	5,388	$	6,761

Deferred financing costs represent amounts paid to obtain both mortgage debt and borrowings under One Earth’s and NuGen’s debt arrangements. Such amounts are amortized as interest expense using the effective interest method. Future amortization expense is as follows (amounts in thousands):

Years Ended January 31,	Amortization
2015		188
2016		123
2017		44
2018		28
2019		15
Thereafter		4
Total	$	402

Real estate taxes refundable represent amounts due One Earth associated with refunds of previously paid taxes in connection with a tax increment financing arrangement with local taxing authorities. Deposits are with vendors and governmental authorities involved in the ethanol industry.