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2. GOODWILL AND OTHER INTANGIBLE ASSETS
3 Months Ended
Jan. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
2. Goodwill and Other Intangilbe Assets

Major components of intangible assets consisted of:

 

                   
      January 31, 2015            October 31, 2014        
    Gross Carrying Amount     Accumulated Amortization     Wgt. Avg. Amort. Years     Gross Carrying Amount     Accumulated Amortization     Wgt. Avg. Amort. Years  
Amortized Intangible Assets:                                    
Covenants Not to Compete   $ 2,526,488     $ 2,318,048       2.86     $ 2,526,488     $ 2,296,369       3.04  
Customer Lists     10,261,635       8,166,068       3.56       10,261,635       8,006,107       3.78  
Other Identifiable Intangibles     548,311       253,617       24.72       548,311       250,534       24.96  
Total   $ 13,336,434     $ 10,737,733             $ 13,336,434     $ 10,553,010          

 

Amortization expense for the three month periods ending January 31, 2015 and 2014 was $184,723 and $335,616, respectively.  There were no changes in the carrying amount of goodwill for the three month periods ending January 31, 2015 and 2014.