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FAIR VALUE OF FINANCIAL INSTRUMENTS AND IMPAIRMENT (Details Narrative) (USD $)
9 Months Ended 12 Months Ended
Jul. 31, 2013
acre
Jul. 31, 2012
Oct. 31, 2012
Parcel of land used as input for fair value (acres) 2.9    
Impairment expense $ 3,700,000 $ 70,700 $ 70,700
Land held for investment 1,796,292   2,245,214
Carrying Amount
     
Land and land development costs 19,410,289   20,359,066
Lot ( included in land and land development costs)     37,394
Lot ( included in land held for investment) 500,431    
Land improvements, buildings and equipment 19,528,550   21,043,068
Land held for investment 6,599,468   6,848,390
Long lived assets held for sale 248,822   846,174
Development project 4,610,965    
Assets of discontinued operations 166,682   230,382
Land held for investment 500,000    
Impairment Expense
     
Land and land development costs 3,500,000   7,000
Lot ( included in land and land development costs)     7,000
Lot ( included in land held for investment) 200,000    
Land held for investment 200,000    
Development project 3,500,000    
Assets of discontinued operations     63,700
Adjustment
     
Land improvements, buildings and equipment 515,631    
Carrying Amount - Revised
     
Land and land development costs 15,910,289   20,352,066
Land held for investment 6,399,468    
Fair Value
     
Lot ( included in land and land development costs)     30,394
Assets of discontinued operations     $ 166,682