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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:        
Real estate management revenue $ 277,833 $ 284,864 $ 732,367 $ 741,726
Land resource management revenue 1,223,328 1,660,038 3,213,419 2,519,319
Rental income revenue 432,246 459,722 1,336,339 1,372,253
Total Revenues 1,933,407 2,404,624 5,282,125 4,633,298
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 3,637,390 3,279,028
Rental income costs 244,173 249,351 730,191 732,131
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 2,235,161 2,777,541 6,517,964 6,061,326
Operating loss from continuing operations (301,754) (372,917) (1,235,839) (1,428,028)
Other income and expense:        
Interest and other income 150 317 3,091 10,423
Interest expense (262,585) (360,267) (861,795) (1,068,074)
Total other income and expense (262,435) (359,950) (858,704) (1,057,651)
Loss from continuing operations before income taxes (564,189) (732,867) (2,094,543) (2,485,679)
Credit for income taxes (192,000) (251,000) (712,000) (846,000)
Net loss before discontinued operations (372,189) (481,867) (1,382,543) (1,639,679)
Discontinued operations (173) 161,393 5,333 475,990
Provision for income taxes on discontinued operations 0 57,000 2,000 163,000
Net (loss) income from discontinued operations (173) 104,393 3,333 312,990
Net loss $ (372,362) $ (377,474) $ (1,379,210) $ (1,326,689)
Net (loss) before discontinued operations $ (0.15) $ (0.20) $ (0.56) $ (0.67)
Income from discontinued operations $ 0.00 $ 0.05 $ 0.00 $ 0.13
Total Basic loss per weighted average combined share $ (0.15) $ (0.15) $ (0.56) $ (0.54)