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v2.4.0.6
Commitments and Contingencies (Tables)
3 Months Ended
Aug. 31, 2012
Commitments and Contingencies [Abstract]  
Future minimum commitments for the capital lease

The following is a schedule of future minimum commitments for the capital lease as of August 31, 2012:

 

         
($ in thousands)      

2013

  $ 791  

2014

    1,071  

2015

    1,092  

2016

    1,115  

2017

    1,137  

Thereafter

    19,151  
   

 

 

 

Total future minimum lease obligation

  $ 24,357  

Less: Imputed interest on capital leases

    (13,863
   

 

 

 

Net present value of lease obligations

  $ 10,494