BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jan. 31, 2014

Organization, Consolidation and Presentation Of Financial Statements [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following table sets forth the computation of basic and diluted earnings per share for “income for continuing operations” at January 31, 2014 and 2013, as follows:

	Years Ended
	January 31,
	2014		2013
Numerator
Loss from continuing operations	$	(119,501)	$	(25,766,962)
Denominator
Denominator for basic earnings per share (weighted-average shares which reflect 356,441 shares in the treasury as a result of the stock repurchase program for the years ended January 31, 2014 and 2013, respectively) and 341,181 and 0 weighted average common equivalents relating to the warrant issued with the subordinated debt financing		5,689,230		5,290,332
Effect of dilutive securities from restricted stock plan and from dilutive effect of stock options		—		—
Denominator for diluted earnings (loss) per share (adjusted weighted average shares)		5,689,230		5,290,332
Basic loss per share from continuing operations	$	(0.02)	$	(4.87)
Diluted loss per share from continuing operations	$	(0.02)	$	(4.87)

Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]

Supplemental cash flow information for the years ended January 31 is as follows:

	2014		2013

Interest paid	$	1,581,366	$	906,307
Income taxes paid	$	1,331,279	$	469,209
Accumulated amortization of warrant OID included in interest expense	$	260,792	$	—