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RELATED PARTY TRANSACTIONS
12 Months Ended
Jan. 31, 2021
Related Party Transactions [Abstract]  
Related Party Transactions Disclosure [Text Block]

NOTE 21- RELATED PARTY TRANSACTIONS

 

We lease the four properties utilized in Shenandoah’s operations. One of our employees has an ownership interest in the entities that own these properties. The leases commenced on September 29, 2017 and an option to renew each for an additional seven years. All four leases include annual rent escalation clauses with respect to minimum lease payments after the initial 84-month term of the lease is completed. In addition to monthly lease payments, we also incur expenses for property taxes, routine repairs and maintenance and other operating expenses.  We paid $668,000 in lease payments to these entities during fiscal 2021.