BUSINESS SEGMENTS (Tables)
9 Months Ended
Nov. 30, 2021
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]

Information by reporting segment for the three and nine-month periods ended November 30, 2021 and 2020, are as follows:

 

NET REVENUES

 
                                 
   

Three Months Ended

November 30,

   

Nine Months Ended

November 30,

 
   

2021

   

2020

   

2021

   

2020

 

UBAM

  $ 41,397,800     $ 64,169,700     $ 108,532,800     $ 158,007,500  

Publishing

    3,714,500       2,580,600       10,381,800       6,284,600  

Total

  $ 45,112,300     $ 66,750,300     $ 118,914,600     $ 164,292,100  

 

EARNINGS (LOSS) BEFORE INCOME TAXES

 
                                 
   

Three Months Ended

November 30,

   

Nine Months Ended

November 30,

 
   

2021

   

2020

   

2021

   

2020

 

UBAM

  $ 7,536,000     $ 10,821,600     $ 20,976,400     $ 26,311,300  

Publishing

    1,186,100       773,000       3,030,500       1,858,400  

Other

    (5,119,500

)

    (5,820,300

)

    (13,085,600

)

    (13,952,000

)

Total

  $ 3,602,600     $ 5,774,300     $ 10,921,300     $ 14,217,700