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Other Comprehensive Income (Loss)
12 Months Ended
Feb. 28, 2017
Equity [Abstract]  
Other Comprehensive Income (Loss)

NOTE 15: OTHER COMPREHENSIVE INCOME (LOSS)

 

As of February 28, 2017, certain of our marketable securities were in an unrealized gain position. Unrealized gains (losses) are principally due to changes in the fair value of our investments held as available-for-sale. Because we have the ability and intent to hold the securities until maturity, or for the foreseeable future as classified as available-for-sale, we do not deem the gain or decline to be other-than-temporary.

 

For the year ended February 28, 2017, the unrealized gain on our available-for-sale marketable securities was $112,000 compared to a loss of $70,000 for the year ended February 29, 2016.

 

As of February 28, 2017, the unrealized gain on our available-for-sale securities was $42,250.

 

The following table sets forth the changes in Accumulated Other Comprehensive Gain (Loss) for the year ended February 28, 2017:

 

    Unrealized Gain
(Loss) on
Available for Sale Securities
 
Beginning Balance February 29, 2016   $ (70,140 )
Current Period Unrealized Gains     112,390  
Ending Balance February 28, 2017   $ 42,250