Income Taxes

12 Months Ended

Oct. 31, 2012

Income Taxes [Abstract]

Income Tax

INCOME TAXES

The differences between the financial statement basis and tax basis of assets are based on the following:

	October 31, 2012			October 31, 2011
Financial statement basis of assets	$	61,133,132		$	63,441,322
Organization & start-up costs capitalized for tax purposes, net	715,109			821,605
Tax depreciation greater than book depreciation	(25,653,678		)	(27,702,345		)
Unrealized derivatives gains	45,563			(404,050		)
Capitalized inventory	10,957			20,000
Income tax basis of assets	$	36,251,083		$	36,176,532

There were no material differences between the financial statement basis and tax basis of the Company's liabilities.