FAIR VALUE OF FINANCIAL INSTRUMENTS AND IMPAIRMENT (Details 1) (USD $)	9 Months Ended			12 Months Ended
	Jul. 31, 2013		Jul. 31, 2012	Oct. 31, 2012
Total losses	$ 3,700,000		$ 70,700	$ 70,700
Land and Land Development Costs
Total losses	3,500,000	[1]
Land Held for Investment
Total losses	200,000	[2]
Nonrecurring | Estimate of Fair Value Measurement
Land and land development costs	1,111,000	[1]
Land held for investment	300,000	[2]
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	[2]
Total nonrecurring fair value measurements	300,000
Nonrecurring | Significant Unobservable Inputs, Level 3
Land and land development costs	1,111,000	[1]
Total nonrecurring fair value measurements	$ 1,111,000

[1] In accordance with Subtopic 360-10, land and land development costs with a carrying value of $4.6 million were written down to their fair value of approximately $1.1 million, resulting in impairment expense of $3.5 million, which was included in the loss for the period.

[2] In accordance with Subtopic 360-10, land held for investment with a carrying value of approximately $500,000 was written down to its fair value of approximately $300,000, resulting in impairment expense of $200,000, which was included in the loss for the period.