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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
Oct. 31, 2011
Oct. 31, 2010
Total losses $ 3,700,000 $ 70,700 $ 70,700 $ 1,178,651 $ 2,376,000
Land and Land Development Costs
         
Total losses 3,500,000        
Land Lease
         
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