14. Business Segment Information: Information by Business Segment (Tables)

9 Months Ended

Jul. 31, 2012

Tables/Schedules

Information by Business Segment

     Information by business segment is as follows:

	Three months ended		Nine months ended
	7/31/12	7/31/11	7/31/12	7/31/11
Revenues from continuing operations:
Real estate management/rental operations	$710,079	$744,586	$2,068,706	$2,113,979
Land resource management	1,223,328	1,660,038	3,213,419	2,519,319
Total revenues from operations	$1,933,407	$2,404,624	$5,282,125	$4,633,298
Operating profit (loss) from continuing operations, excluding general and administrative expenses:
Real estate management/rental operations	$222,619	$238,243	$585,914	$619,526
Land resource management	(91,070)	(213,594)	(419,362)	(754,209)
Total operating profit, excluding general and administrative expenses	$131,549	$24,649	$166,552	($134,683)
General and administrative expenses:
Real estate management/rental operations	$159,138	$123,105	$547,431	$590,099
Land resource management	274,165	274,461	854,960	703,246
Total general and administrative expenses	$433,303	$397,566	$1,402,391	$1,293,345
Interest and other income, net:
Real estate management/rental operations	$38	$68	$1,145	$4,587
Land resource management	112	249	1,946	5,836
Total interest and other income, net	$150	$317	$3,091	$10,423
Interest expense:
Real estate management/rental operations	$260,990	$357,763	$849,447	$1,032,467
Land resource management	1,595	2,504	12,348	35,607
Total Interest expense	$262,585	$360,267	$861,795	$1,068,074
Loss from continuing operations before income taxes	$564,189)	$(732,867)	($2,094,543)	($2,485,679)

     Identifiable assets, net of accumulated depreciation at July 31, 2012 and October 31, 2011 and depreciation expense and capital expenditures for nine months ended July 31, 2012 and the fiscal year ended October 31, 2011 by business segment are as follows:

July 31, 2012	Identifiable  Assets	Depreciation and  Amortization Expense	Capital  Expenditures
Real estate management/rental operations	$26,700,883	$611,300	$4,588
Land resource management	24,366,870	257,864	3,212
Other corporate	132,182	63,284	92,516
Discontinued operations	0	0	0
Total Assets	$51,199,935	$932,448	$100,316
October 31, 2011
Real estate management/rental operations	$20,861,471	$632,556	$761
Land resource management	33,251,319	382,539	225,105
Other corporate	222,697	109,991	203,691
Discontinued operations	10,770,222	229,724	0
Total Assets	$65,105,709	$1,354,830	$429,557