XML 12 R39.htm IDEA: XBRL DOCUMENT v2.4.0.6
3. Discontinued Operations (Details) (USD $)
9 Months Ended
Jul. 31, 2012
Oct. 31, 2011
Jul. 31, 2012
ApplebeesMember
Jul. 31, 2012
JackInTheBoxMember
Jul. 31, 2012
JackFrostMountainSkiAreaMember
Disposal Group, Including Discontinued Operation, Description and Timing of Disposal     On September 30, 2011, the Applebee’s located in Fort Collins, Colorado was sold and as a result the operating activity for the three and nine months ending July 31, 2011 is being reported as a discontinued operation. The operating results of Applebee’s were previously reported in the Rental Operations of the combined statements of operations. At July 31, 2012 there were no remaining assets or liabilities related to Applebee’s. On November 30, 2011, the Jack in the Box located in Wallisville, Texas was sold and as a result the operating activity for the three and nine months ending July 31, 2012 and 2011 is being reported as a discontinued operation. The operating results of Jack in the Box were previously reported in the Rental Operations of the combined statements of operations. At July 31, 2012 there were no remaining assets or liabilities related to Jack in the Box. At October 31, 2011, there was $1,814,573 of assets related to Jack in the Box included in assets of discontinued operation and $1,010,384 of debt included in liabilities of discontinued operations on the Companies’ combined balance sheet. At July 31, 2012 there were no remaining assets or liabilities related to Jack in the Box. On December 15, 2011, the Jack Frost Mountain and Big Boulder ski areas were sold and as a result the operating activity for the three and nine months ending July 31, 2012 and 2011 is being reported as a discontinued operation. The ski areas had been leased to an operator and a portion of the leased premises had been capitalized as net investment in direct financing leases. Therefore a portion of the operating results were previously reported in the Rental Operations and a portion of the operating results were previously reported in the Interest and Other Income line of the combined statements of operations. At July 31, 2012 there were no remaining assets or liabilities related to the Jack Frost Mountain and Big Boulder ski areas. At October 31, 2011, there was $8,955,649 of assets related to the two ski areas included in assets of discontinued operations on the Companies’ combined balance sheet and there were no liabilities. At July 31, 2012 there were no remaining assets or liabilities related to the Jack Frost Mountain and Big Boulder ski areas.
Liabilities of discontinued operations $ 1,010,384 $ 1,010,384