COMBINED BALANCE SHEETS (Unaudited) (USD $)	Apr. 30, 2013	Oct. 31, 2012
ASSETS
Land and land development costs (1,433 and 3,012 acres per land ledger, respectively)	$ 15,904,071	$ 20,352,066
Land improvements, buildings and equipment, net	19,859,880	21,043,068
Land held for investment (8,289 and 10,404 acres per land ledger, respectively)	6,399,468	6,848,390
Long-lived assets held for sale (4,068 and 377 acres per land ledger, respectively)	1,660,757	846,174
Cash and cash equivalents	376,073	497,409
Cash held in escrow	142,903	205,493
Prepaid expenses and other assets	275,286	468,828
Accumulated deferred tax asset	1,321,367
Accounts receivable and mortgages receivable	120,319	143,382
Assets of discontinued operations (1 acre per land ledger)	166,682	166,682
Total Assets	46,226,806	50,571,492
LIABILITIES:
Debt	16,775,403	16,880,416
Accounts payable	217,919	140,956
Accrued liabilities	223,586	311,097
Deferred income	301,889	695,981
Accumulated deferred income taxes	0	481,633
Accrued pension expense	4,387,612	4,240,964
Total liabilities	21,906,409	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	8,703,777	12,203,825
Accumulated other comprehensive loss	(2,947,179)	(2,947,179)
Shareholders' equity before capital stock in treasury	26,405,804	29,905,852
Less cost of 282,018 combined shares of capital stock in treasury	2,085,407	2,085,407
Total shareholders' equity	24,320,397	27,820,445
Total liabilities and shareholders' equity	$ 46,226,806	$ 50,571,492