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Contracts and Notes Receivable
12 Months Ended
Jan. 31, 2014
Receivables [Abstract]  
Contracts and Notes Receivable

6. Contracts and Notes Receivable

Contracts and notes receivable consisted of $1,005,000, due from three customers as of January 31, 2014 and $2,096,000 due from three customers as of January 31, 2013. The balance of contracts receivable at January 31, 2014 and 2013 consisted of contracts bearing interest at an average of approximately 8.5% and with remaining repayment terms from two to eight months. These contracts are collateralized by the equipment sold and are considered collectable, thus no allowances have been established for them.