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Leases
6 Months Ended
Jul. 31, 2012
Leases of Lessor Disclosure [Text Block]

Note 3. Leases


          At July 31, 2012, the Company has lease agreements, as landlord, for all or portions of six owned former retail stores and one owned former distribution center. The Company also has seasonal (temporary) lease agreements, as landlord for four owned properties. All of the leases are accounted for as operating leases. The following table is a summary of future minimum rentals on such leases (amounts in thousands):


 

 

 

 

 

Years Ended January 31,

 

Minimum
Rentals

 


 


 

 

 

 

 

 

Remainder of 2013

 

$

693

 

2014

 

 

1,261

 

2015

 

 

1,070

 

2016

 

 

511

 

2017

 

 

443

 

Thereafter

 

 

1,453

 

 

 



 

Total

 

$

5,431