XML 29 R32.htm IDEA: XBRL DOCUMENT

BUSINESS SEGMENT INFORMATION (Tables)

3 Months Ended

Jan. 31, 2013

Information by business segment is as follows:


	Three months ended
	1/31/13	1/31/12
Revenues from continuing operations:
Real estate management/rental operations	$665,986	$655,265
Land resource management	454,674	952,585
Total revenues from continuing operations	$1,120,660	$1,607,850

Operating profit (loss) from continuing operations, excluding general and administrative expenses:
Real estate management/rental operations	$163,827	$147,280
Land resource management	(254,941)	(59,564)
Total operating profit, excluding general and administrative expenses	($91,114)	$87,716

General and administrative expenses:
Real estate management/rental operations	$304,983	$217,818
Land resource management	208,214	316,651
Total general and administrative expenses	$513,197	$534,469
Interest and other income, net:
Real estate management/rental operations	$1,303	$1,091
Land resource management	926	1,647
Total interest and other income, net	$2,229	$2,738

Interest expense:
Real estate management/rental operations	$247,507	$300,906
Land resource management	12,991	23,385
Total Interest expense	$260,498	$324,291

Loss from continuing operations before income taxes	($862,580)	($768,306)

Identifiable assets, net of accumulated depreciation at January 31, 2013 and October 31, 2012 and depreciation expense and capital expenditures for three months ended January 31, 2013 and the fiscal year ended October 31, 2012 by business segment are as follows:


January 31, 2013	Identifiable Assets	Depreciation and Amortization Expense	Capital Expenditures
Real estate management/rental operations	$25,432,388	$196,261	$0
Land resource management	23,377,770	84,464	0
Other corporate	106,388	10,486	35,262
Discontinued operations	166,682	0	0
Total Assets	$49,083,228	$291,211	$35,262


October 31, 2012	Identifiable Assets	Depreciation and Amortization Expense	Capital Expenditures
Real estate management/rental operations	$26,125,839	$804,900	$24,579
Land resource management	23,990,608	342,580	9,617
Other corporate	288,363	77,856	59,285
Discontinued operations	166,682	1,666	0
Total Assets	$50,571,492	$1,227,002	$93,481

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details