6. Land and Land Development Costs

9 Months Ended

Jul. 31, 2012

Notes

6. Land and Land Development Costs

6.  Land and Land Development Costs

Land and improvements in progress held for development consist of the following:

	07/31/2012	10/31/2011
Land unimproved designated for development	$10,857,296	$10,901,859
Residential development	5,084,262	5,084,262
Infrastructure development	4,669,266	4,656,666
Total land and improvements in progress	$20,610,824	$20,642,787