Accrued Expenses and Other Current Liabilities

3 Months Ended

May. 31, 2015

Accrued Expenses and Other Liabilities [Abstract]

ACCRUED EXPENSES AND OTHER LIABILITIES

7. ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

As of May 31, 2015 and February 28, 2015, accrued expenses and other liabilities consisted of the following:

		5/31/15		2/28/15
Payroll and related employee benefits	$	661,000	$	575,000
Dividends		547,000		0
Income taxes		17,000		15,000
Property taxes		18,000		7,000
Other liabilities		101,000		35,000
	$	1,344,000	$	632,000