BUSINESS SEGMENT INFORMATION (Tables)

12 Months Ended

Oct. 31, 2013

Business Segment Information Tables

Schedule of information by business segment

   Information by business segment is as follows:

	10/31/13	10/31/12	10/31/11
Revenues from continuing operations:
Real estate management/rental operations	$2,773,347	$2,787,941	$2,806,476
Land resource management	8,527,000	4,341,767	2,872,670
Total revenues from operations	$11,300,347	$7,129,708	$5,679,146
Operating profit (loss) from continuing operations, excluding general and administrative expenses:
Real estate management/rental operations	$895,857	$843,515	$825,152
Land resource management	921,290	(323,964)	(1,544,539)
Total operating profit, excluding general and administrative expenses	$1,817,147	$519,551	($719,387)

General and administrative expenses:
Real estate management/rental operations	$557,362	$735,801	$885,251
Land resource management	1,713,678	1,145,890	906,130
Total general and administrative expenses	$2,271,040	$1,881,691	$1,791,381
Interest and other income, net:
Real estate management/rental operations	$587	$1,216	$5,382
Land resource management	1,952	2,099	5,877
Total interest and other income, net	$2,539	$3,315	$11,259
Interest expense:
Real estate management/rental operations	$930,151	$955,531	$1,085,769
Land resource management	67,056	172,556	329,262
Total Interest expense	$997,207	$1,128,087	$1,415,031
Loss from continuing operations before income taxes	($1,448,561)	($2,486,912)	($3,914,540)

   Identifiable assets, net of accumulated depreciation at October 31, 2013, 2012, and 2011 and depreciation expense and capital expenditures for the years then ended by business segment are as follows:

	Identifiable  Assets	Depreciation and  Amortization Expense	Capital  Expenditures
October 31, 2013
Real estate management/rental operations	$26,077,479	$775,693	$5,028
Land resource management	19,713,059	318,699	3,375
Other corporate	84,780	37,463	81,098
Discontinued operations	166,682	0	0
Total Assets	$46,042,000	$1,131,855	$89,501
October 31, 2012
Real estate management/rental operations	$26,125,839	$804,900	$24,579
Land resource management	23,990,608	342,580	9,617
Other corporate	288,363	77,856	59,285
Discontinued operations	166,682	1,666	0
Total Assets	$50,571,492	$1,227,002	$93,481
October 31, 2011
Real estate management/rental operations	$20,629,423	$623,470	$761
Land resource management	33,251,319	382,559	225,105
Other corporate	222,697	109,991	203,691
Discontinued operations	11,002,270	238,810	0
Total Assets	$65,105,709	$1,354,830	$429,557