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Related Party Transactions
6 Months Ended
Aug. 31, 2011
Related Party Transactions [Abstract] 
Related Party Transactions
Note 13. — Related Party Transactions
          In conjunction with an agreement involving re-financing of the Company’s lines of credit and Loan and Security Agreement, on June 29, 2006 the Company’s CEO provided a $6.0 million subordinated term note to the Company with monthly principal payments of $33.3 thousand plus interest through July 2021. The interest rate on this note is equal to the prime rate plus one percent. The note is secured by a general lien on all assets of the Company, subordinate to the lien held by RBC Bank and Community & Southern Bank. The balance outstanding under this loan agreement was approximately $1.1 million at August 31, 2011 and $1.8 million at February 28, 2011. Interest paid during the quarter ended August 31, 2011 and 2010 on this note was $27.8 thousand and $56.8 thousand, respectively and interest paid for the six months ending August 31, 2011 and August 31, 2010 was $60.6 thousand and $116.3 thousand, respectively.
          The Company’s CEO provides a portion of the collateral for one of the term loans with the consortium of RBC Bank and Community & Southern Bank. (See Note 8 — Lines of Credit)
          On March 1, 2011, the Company sold its Fox International Ltd. subsidiary to FI Acquisitions, a company owned by Video Display’s Chief Executive Officer. The Company accounted for this entire business segment as discontinued operations, and accordingly, has reclassified the consolidated financial results for all periods presented to reflect this operating segment as discontinued operations.