BUSINESS AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jan. 31, 2013

Organization, Consolidation and Presentation Of Financial Statements [Abstract]

Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]

The following table sets forth the computation of basic and diluted earnings per share for “income for continuing operations” at January 31, 2013 and 2012, as follows: 

	Years Ended
	January 31,
	2013		2012
Numerator
Income (loss) from continuing operations	$	(25,766,962)	$	1,093,174
Denominator
Denominator for basic earnings per share (weighted-average shares which reflect 356,441 and 355,405 shares in the treasury as a result of the stock repurchase program for the years ended January 31, 2013 and 2012, respectively)		5,290,332		5,224,552
Effect of dilutive securities from restricted stock plan and from dilutive effect of stock options		0		131,562
Denominator for diluted earnings (loss) per share (adjusted weighted average shares)		5,290,332		5,356,114
Basic earnings (loss) per share from continuing operations	$	(4.87)	$	0.21
Diluted earnings (loss) per share from continuing operations	$	(4.87)	$	0.20

Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]

Supplemental cash flow information for the years ended January 31 is as follows:

	2013		2012
Interest paid	$	913,446	$	679,086
Income taxes paid	$	469,209	$	1,128,478