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Long Term Debt (Tables)

12 Months Ended

Feb. 28, 2017

Long Term Debt Tables

Long-term debt

		February 28,				February 29,
		2017				2016
Note payable, bank, collateralized by land and buildings, payable in monthly installments of principal and interest of $16,358 through January 2024.  Interest rate 4.15%.  10 year term.			1,176,348				1,319,737
Total long term debt			1,176,348				1,319,737
Due within one year			149,698				143,388
Due after one year		$	1,026,650			$	1,176,349

Long-term debt payables

Fiscal Year ending February 28,
2018			149,698
2019			156,119
2020			162,816
2021			169,716
2022			177,081
Thereafter			360,918
		$	1,176,348

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- References

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- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

+ References

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- Definition

Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601

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