COMBINED BALANCE SHEETS (USD $)	Jan. 31, 2013	Oct. 31, 2012
ASSETS
Land and land development costs (3,011 and 3,012 acres per land ledger)	$ 20,325,604	$ 20,352,066
Land improvements, buildings and equipment, net	20,271,488	21,043,068
Land held for investment (10,404 acres per land ledger)	6,848,390	6,848,390
Long-lived assets held for sale (377 acres per land ledger)	494,323	846,174
Cash and cash equivalents	419,353	497,409
Cash held in escrow	179,558	205,493
Prepaid expenses and other assets	271,592	468,828
Accounts receivable and mortgages receivable	106,238	143,382
Assets of discontinued operations (1 acre per land ledger)	166,682	166,682
Total Assets	49,083,228	50,571,492
LIABILITIES:
Debt	16,709,235	16,880,416
Accounts payable	219,679	140,956
Accrued liabilities	205,388	311,097
Deferred income	148,644	695,981
Accumulated deferred income taxes	188,633	481,633
Accrued pension expense	4,360,788	4,240,964
Total liabilities	21,832,367	22,751,047
COMBINED SHAREHOLDERS' EQUITY:
Capital stock, without par value, stated value $.30 per combined share, Blue Ridge and Big Boulder each authorized 3,000,000 shares, each issued 2,732,442	819,731	819,731
Capital in excess of stated value	19,829,475	19,829,475
Earnings retained in the business	11,634,241	12,203,825
Accumulated other comprehensive loss	(2,947,179)	(2,947,179)
Shareholders' equity before capital stock in treasury	29,336,268	29,905,852
Less cost of 282,018 combined shares of capital stock in treasury	2,085,407	2,085,407
Total shareholders' equity	27,250,861	27,820,445
Total liabilities and shareholders' equity	$ 49,083,228	$ 50,571,492