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Equity in Investments
9 Months Ended
Jul. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments and Joint Ventures Disclosure [Text Block]
9. Equity in Investments
 
Equity in investments consist of the following: 
 
 
 
July 31,
 
October 31,
 
 
 
2017
 
2016
 
 
 
 
 
 
 
Limoneira Lewis Community Builders, LLC
 
$
9,671,000
 
$
2,275,000
 
Limco Del Mar, Ltd.
 
 
2,030,000
 
 
1,961,000
 
Rosales
 
 
2,114,000
 
 
1,496,000
 
Romney Property Partnership
 
 
522,000
 
 
522,000
 
 
 
$
14,337,000
 
$
6,254,000
 
 
The Rosales equity investment includes the Company’s 35% interest acquired in fiscal year 2014 and an additional 12% interest acquired with the purchase of PDA as described in Note 3 - Acquisitions. The Company’s investment in Rosales is accounted for using the equity method of accounting based on the sum of its direct and indirect ownership.