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Leases
6 Months Ended
Jul. 31, 2013
Leases [Abstract]  
Leases of Lessor Disclosure [Text Block]

Note 3. Leases


At July 31, 2013, the Company has lease agreements, as landlord, for six owned former retail stores and one owned former distribution center. We also have seasonal (temporary) lease agreements, as landlord, for two 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 2014   $ 886  
2015     1,580  
2016     1,022  
2017     954  
2018     700  
Thereafter     1,475  
Total   $ 6,617  

A tenant leasing a portion of the distribution facility has an option to purchase the entire distribution facility, subject to closing conditions. Pursuant to this agreement, the tenant confirmed its current five year lease for a portion of the distribution facility, which five year lease would remain in effect in the event the sale does not close. Upon closing of the sale, minimum rentals would decline (from the amounts in the table above) by approximately $0.6 million in fiscal year 2013, approximately $1.1 million in fiscal year 2014, approximately $0.5 million in fiscal years 2015, 2016 and 2017 and approximately $0.3 million thereafter.