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Lines of Credit and Long-Term Debt (Tables)
12 Months Ended
Feb. 28, 2015
Long-Term Debt

Long-term debt consisted of the following (in thousands):

 

     February 28,
2015
     February 28,
2014
 
Mortgage payable to bank; interest rate at Community Bank base rate plus 0.5% (3.75% as of February 28, 2015); monthly principal and interest payments of $5 thousand payable through October 2021; collateralized by land and building of Teltron Technologies, Inc.      233         281   
  

 

 

    

 

 

 
  233      281   

Less current maturities

  (50   (48
  

 

 

    

 

 

 
$ 183    $ 233   
  

 

 

    

 

 

 
Future Maturities of Lines of Credit and Long-Term Debt

Future maturities of lines of long-term debt are as follows (in thousands):

 

Year

   Amount  

2016

   $ 50   

2017

     53   

2018

     54   

2019

     56   

2020

     20   
  

 

 

 
$ 233