Accrued Expenses and Other Liabilities

9 Months Ended

Nov. 30, 2014

Accrued Expenses and Other Liabilities [Abstract]

ACCRUED EXPENSES AND OTHER LIABILITIES

8.      ACCRUED EXPENSES AND OTHER LIABILITIES

As of November 30, 2014 and February 28, 2014, accrued expenses and other liabilities consisted of the following:

	11/30/14		2/28/14
Payroll and related employee benefits	$	500,000	$	539,000
Income taxes		11,000		15,000
Property taxes		-		7,000
Other liabilities		9,000		44,000
	$	520,000	$	605,000