XML 72 R23.htm IDEA: XBRL DOCUMENT v2.4.0.6
Real Estate Properties (Tables)
12 Months Ended
Aug. 31, 2012
Real Estate [Abstract]  
Schedule of Real Estate Properties [Table Text Block]

Real estate properties held for leasing consist of five properties and are as follows at August 31, 2012 and 2011:

 

    August 31, 2012     August 31, 2011  
Land   $ 5,030,000       5,030,000  
Buildings & improvements     5,042,000       5,042,000  
Equipment     1,172,000       1,172,000  
Total     11,244,000       11,244,000  
Accumulated depreciation     (2,991,000 )     (2,783,000 )
Book value   $ 8,253,000       8,461,000
Schedule Of Future Minimum Rentals Due Under Non Cancelable Operating Leases Table [Text Block]

The following table shows the future minimum rentals due under non-cancelable operating leases (where the Company is the lessor or sublessor) in effect at August 31, 2012:

 

    Industrial
Properties
    Restaurant
Properties
    Total  
Year ending August 31,                        
2013     327,000       395,000       722,000  
2014     260,000       334,000       594,000  
2015           343,000       343,000  
2016           353,000       353,000  
2017           257,000       257,000  
Thereafter           526,000       526,000  
    $ 587,000     $ 2,208,000     $ 2,795,000