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DISCONTINUED OPERATIONS (Details) (USD $)
3 Months Ended 9 Months Ended 12 Months Ended
Jul. 31, 2013
Jul. 31, 2012
Jul. 31, 2013
Jul. 31, 2012
Oct. 31, 2012
Oct. 31, 2011
Oct. 31, 2010
Land improvements, buildings and equipment, net $ 19,528,550   $ 19,528,550   $ 21,043,068 $ 22,438,253  
Land held for investment, principally unimproved 6,399,468   6,399,468   6,848,390 6,848,488  
Long-lived assets held for sale 248,922   248,922   846,174 2,941,148  
Prepaid expenses and other assets 385,392   385,392   468,828 483,434  
Total assets of discontinued operations 166,682   166,682   166,682 11,002,270  
Debt 14,351,513   14,351,513   16,880,416 27,113,120  
Total liabilities of discontinued operations           1,010,384  
Gain (Loss) from Disposal   82   82 82 (476,279)  
Income from discontinued operations before income taxes 2,298 (173) 4,719 (3,212) (66,722) 169,775 616,679
Jack In The Box
             
Total assets of discontinued operations           1,814,573  
Total liabilities of discontinued operations           1,010,384  
Revenues 0 0 0 10,971 10,971 133,335 132,984
Expenses 0 0 0 136 136 44,478 51,336
Interest and other income (interest income related to ski area net investment in direct financing lease)         0 0 0
Interest Expense (calculated on debt related to property) 0 0 0 7,386 7,386 69,794 71,322
Gain (Loss) from Disposal 0 0 0 9,402 9,402 0 0
Jack Frost Mountain Ski Area
             
Revenues 0 0 0 5,097 5,097 163,143 158,639
Expenses 0 0 0 7,730 7,730 10,279 1,018
Interest and other income (interest income related to ski area net investment in direct financing lease)         0 126,672 126,092
Interest Expense (calculated on debt related to property) 0 0 0 0 0 0 0
Gain (Loss) from Disposal 0 0 0 (4,803) (4,803) (387,000) 0
Big Boulder Ski Area
             
Revenues 0 0 0 5,097 5,097 89,119 84,614
Expenses 0 173 0 662 472 3,983 7,671
Interest and other income (interest income related to ski area net investment in direct financing lease)         0 194,997 192,865
Interest Expense (calculated on debt related to property) 0 0 0 0 0 0 0
Gain (Loss) from Disposal 0 0 0 (4,517) (4,517) (115,000) 0
Maple Terrace
             
Total assets of discontinued operations 166,682   166,682   166,682 232,048  
Total liabilities of discontinued operations         0 0  
Revenues 3,750 0 11,250 5,750 5,750 18,000 18,000
Expenses 1,452 0 6,531 14,295 77,995 9,032 6,759
Interest and other income (interest income related to ski area net investment in direct financing lease)         0 0 0
Interest Expense (calculated on debt related to property) 0 0 0 0 0 0 0
Gain (Loss) from Disposal 0 0 0 0 0 0 0
Applebees
             
Revenues         0 106,011 78,714
Expenses         0 4,665 5,342
Interest and other income (interest income related to ski area net investment in direct financing lease)         0 0 0
Interest Expense (calculated on debt related to property)         0 42,992 31,781
Gain (Loss) from Disposal         0 25,721 0
Discontinued Operations
             
Revenues         26,915 509,608 472,951
Expenses         86,333 72,437 72,126
Interest and other income (interest income related to ski area net investment in direct financing lease)         0 321,669 318,957
Interest Expense (calculated on debt related to property)         7,386 112,786 103,103
Gain (Loss) from Disposal         82 (476,279) 0
Income from discontinued operations before income taxes         (66,722) 169,775 616,679
Discontinued Operations
             
Land improvements, buildings and equipment, net 124,790   124,790   124,790 443,156  
Land held for investment, principally unimproved 41,892   41,892   41,892 94,886  
Long-lived assets held for sale           1,780,155  
Net investment in direct financing leases           7,788,195  
Prepaid expenses and other assets           895,878  
Total assets of discontinued operations 166,682   166,682   166,682 11,002,270  
Debt         0 1,010,384  
Total liabilities of discontinued operations         0 1,010,384  
Revenues 3,750 0 11,250 26,915      
Expenses 1,452 173 6,531 22,823      
Interest Expense (calculated on debt related to property) 0 0 0 7,386      
Gain (Loss) from Disposal 0 0 0 82      
Income from discontinued operations before income taxes $ 2,298 $ (173) $ 4,719 $ (3,212)