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COMBINED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 9 Months Ended
Jul. 31, 2012
Jul. 31, 2011
Jul. 31, 2012
Jul. 31, 2011
Revenues:        
Total Revenues     $ 16,214,709 $ 5,010,791
Costs and expenses:        
General and administrative expense     1,402,391 1,293,345
Gain on sale of assets     4,609 5,500
Other income and expense:        
Interest expense     (869,181) (1,155,563)
Net loss     (1,379,210) (1,326,689)
Earnings per combined share:        
Basic loss per weighted average combined share $ (0.15) $ (0.15) $ (0.56) $ (0.54)
Unaudited
       
Revenues:        
Real estate management revenue 277,833 284,864 732,367 741,726
Land resource management revenue 1,223,328 1,660,038 14,124,838 2,519,319
Rental income revenue 432,246 583,475 1,357,504 1,749,746
Total Revenues 1,933,407 2,528,377 16,214,709 5,010,791
Costs and expenses:        
Real estate management costs 243,287 256,992 752,601 762,322
Land resource management costs 1,319,007 1,879,132 14,548,727 3,279,028
Rental income costs 244,346 263,040 738,719 787,397
General and administrative expense 433,303 397,566 1,402,391 1,293,345
Gain on sale of assets (4,609) (5,500) (4,609) (5,500)
Total costs and expenses 2,235,334 2,791,230 17,437,829 6,116,592
Operating loss (301,927) (262,853) (1,223,120) (1,105,801)
Other income and expense:        
Interest and other income 150 80,734 3,091 251,675
Interest expense (262,585) (389,355) (869,181) (1,155,563)
Total other income and expense (262,435) (308,621) (866,090) (903,888)
Loss from operations before income taxes (564,362) (571,474) (2,089,210) (2,009,689)
Credit for income taxes (192,000) (194,000) (710,000) (683,000)
Net loss $ (372,362) $ (377,474) $ (1,379,210) $ (1,326,689)
Earnings per combined share:        
Basic loss per weighted average combined share $ (0.15) $ (0.15) $ (0.56) $ (0.54)