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FAIR VALUE OF FINANCIAL INSTRUMENTS AND IMPAIRMENT (Details 1) (USD $)
6 Months Ended
Apr. 30, 2013
Apr. 30, 2012
Total losses $ 3,700,000 $ 70,700
Land and Land Development Costs
   
Total losses 3,500,000  
Land Held for Investment
   
Total losses 200,000  
Nonrecurring | Estimate of Fair Value Measurement
   
Land and land development costs 1,111,000  
Land held for investment 300,000  
Total nonrecurring fair value measurements 1,411,000  
Nonrecurring | Quoted Prices in Active Markets for Identical Assets, Level 1
   
Total nonrecurring fair value measurements 0  
Nonrecurring | Significant Other Observable Inputs, Level 2
   
Land held for investment 300,000  
Total nonrecurring fair value measurements 300,000  
Nonrecurring | Significant Unobservable Inputs, Level 3
   
Land and land development costs 1,111,000  
Total nonrecurring fair value measurements $ 1,111,000