XML 43 R35.htm IDEA: XBRL DOCUMENT v3.2.0.727
Debt (Details) - USD ($)
12 Months Ended
Oct. 31, 2014
Oct. 31, 2013
Oct. 31, 2012
Oct. 31, 2011
Debt Instrument [Line Items]        
Long-term debt $ 13,480,700 $ 12,969,274    
Unamortized debt discount (138,520) (477,387)    
Total indebtedness 13,480,700 12,969,274    
Less current portion long-term debt 12,697,218 902,565    
Less current portion obligation under capital lease 14,931 13,817    
Less short-term debt 750,000 0    
Less debt discount (138,520) 0    
Long-term debt, net of current portion and capital lease obligation $ 157,071 12,052,892    
Interest Rate (in hundredths) 3.25%      
Basis of interest rate     LIBOR 30-day LIBOR
Basis spread on variable rate (in hundredths)     0.12% 0.24%
Continuing operations [Abstract]        
Long-term debt, net of current portion and revolving line credit $ 128,690 9,494,727    
Long-term capital lease obligation 28,381 42,563    
Current portion long-term debt 10,197,218 902,565    
Long-term notes payable to related party 0 2,500,000    
Notes Payable, Related Parties, Current 2,500,000 0    
Short-term Debt 750,000 0    
Current portion of capital lease obligation 14,931 13,817    
Unamortized debt discount (138,520) (477,387)    
Total debt from continuing operations 13,480,700 12,476,285    
Liabilities held for sale/discontinued operations - debt (Note 11) 0 492,989    
Total indebtedness 13,480,700 12,969,274    
Maturities of long-term debt and Capitol lease obligations [Abstract]        
November 1, 2014 through October 31, 2015 13,323,629      
November 1, 2015 through October 31, 2016 144,543      
November 1, 2016 through October 31, 2017 12,528      
November 1, 2017 through October 31, 2018 0      
November 1, 2018 through October 31, 2019 0      
Total indebtedness $ 13,480,700 12,969,274    
Term Note A dated October 7, 2013 [Member]        
Debt Instrument [Line Items]        
Frequency of periodic payments Monthly      
Periodic installment payment $ 50,000      
Basis of interest rate Prime rate      
Basis spread on variable rate (in hundredths) 2.00%      
Debt maturity date Apr. 01, 2015      
Balance due at expiration of October 2013 Credit Agreement $ 9,600,000      
Installment notes payable to banks [Member]        
Debt Instrument [Line Items]        
Long-term debt $ 475,908 440,281    
Frequency of periodic payments Monthly      
Basis of interest rate Prime rate      
Continuing operations [Abstract]        
Total indebtedness $ 475,908 440,281    
Maturities of long-term debt and Capitol lease obligations [Abstract]        
Total indebtedness $ 475,908 440,281    
Notes Payable to Shareholders [Member]        
Debt Instrument [Line Items]        
Frequency of periodic payments Annual      
Periodic installment payment $ 2.5      
Debt maturity date Sep. 30, 2014      
Minimum [Member] | Installment notes payable to banks [Member]        
Debt Instrument [Line Items]        
Debt maturity date Dec. 31, 2013      
Maximum [Member] | Installment notes payable to banks [Member]        
Debt Instrument [Line Items]        
Debt maturity date Oct. 31, 2016      
Other Notes Payable [Member] | Term Note A dated October 7, 2013 [Member]        
Debt Instrument [Line Items]        
Long-term debt $ 9,850,000 10,450,000    
Continuing operations [Abstract]        
Total indebtedness 9,850,000 10,450,000    
Maturities of long-term debt and Capitol lease obligations [Abstract]        
Total indebtedness 9,850,000 10,450,000    
Other Notes Payable [Member] | Notes Payable to Shareholders [Member]        
Debt Instrument [Line Items]        
Long-term debt 2,500,000 2,500,000    
Continuing operations [Abstract]        
Total indebtedness 2,500,000 2,500,000    
Maturities of long-term debt and Capitol lease obligations [Abstract]        
Total indebtedness 2,500,000 2,500,000    
Installment notes payable to banks [Member] | Note Payable To Bank Due February 2014 [Member]        
Debt Instrument [Line Items]        
Long-term debt [1] $ 750,000,000 0    
Accured interest rate (in hundredths) 5.00%      
Debt maturity date Feb. 28, 2015      
Continuing operations [Abstract]        
Total indebtedness [1] $ 750,000,000 0    
Maturities of long-term debt and Capitol lease obligations [Abstract]        
Total indebtedness [1] 750,000,000 0    
Capital Lease Obligations [Member] | Capital Lease Obligation for Printing Equipment [Member]        
Debt Instrument [Line Items]        
Capital Lease Obligations $ 43,312 $ 56,380    
Interest Rate (in hundredths) 6.02%      
[1] This short-term note was repaid in December 2014 upon collection of the specific account pledged as collateral.