PAYROLL AND OTHER ACCRUED LIABILITIES

12 Months Ended

Jul. 31, 2012

Payroll and Other Accrued Liabilities [Abstract]

Payroll and Other Accrued Liabilities Disclosure [Text Block]

8. PAYROLL AND OTHER ACCRUED LIABILITIES:

Payroll and other accrued liabilities for the fiscal years ended July 31, 2012 and 2011 consist of the following:

	2012		2011
Payroll	$	148,854	$	133,020
Interest		40,812		59,349
Professional fees		141,120		147,741
Rents received in advance		409,287		223,360
Utilities		9,250		10,800
Brokers commissions		135,195		313,140
Construction costs		—		160,905
Other		627,883		548,480
Total		1,512,401		1,596,795
Less current portion		1,483,944		1,511,225
Long term portion	$	28,457	$	85,570