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COMBINED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Oct. 31, 2011
Oct. 31, 2010
Oct. 31, 2009
Real estate management revenue $ 993,602 $ 1,081,270 $ 1,552,798
Land resource management revenue 2,872,670 2,557,013 11,990,241
Rental income revenue 1,830,874 1,793,996 1,972,226
Total revenues 5,697,146 5,432,279 15,515,265
Real estate management costs 1,016,444 1,131,626 1,994,154
Land resource management costs 4,436,374 5,612,485 10,266,197
Rental income costs 973,912 997,718 1,101,744
General and administration expense 1,791,381 2,438,220 1,639,307
(Gain) loss on sale of assets (19,165) 0 10,643
Total costs and expenses 8,198,946 10,180,049 15,012,045
Loss (profit) from continuing operations (2,501,800) (4,747,770) 503,220
Interest and other income 11,259 21,591 12,812
Interest expense (1,415,031) (1,261,339) (1,035,171)
Total other income and (expense) (1,403,772) (1,239,748) (1,022,359)
(Loss) from continuing operations before income taxes (3,905,572) (5,987,518) (519,139)
Current income taxes on continuing operations 2,000 (3,000) 47,000
Deferred income taxes on continuing operations (1,326,000) (2,176,000) (329,000)
Total (credit) provision for income taxes on continuing operations (1,324,000) (2,179,000) (282,000)
Net loss before discontinued operations (2,581,572) (3,808,518) (237,139)
Discontinued operations 160,807 605,438 585,385
Current income taxes on discontinued operations 0 0 0
Deferred income taxes on discontinued operations 54,000 206,000 199,000
Total provision (credit) for income taxes on discontinued operations 54,000 206,000 199,000
Net income from discontinued operations 106,807 399,438 386,385
Net (loss) income (2,474,765) (3,409,080) 149,246
Net loss before discontinued operations $ (1.05) $ (1.55) $ (0.10)
Income from discontinued operations, net of tax $ 0.04 $ 0.16 $ 0.16
Total basic (loss) earnings per weighted average combined share $ (1.01) $ (1.39) $ 0.06