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Business Combination (Tables)
12 Months Ended
Oct. 31, 2014
Business Combinations [Abstract]  
Fair Value, by Balance Sheet Grouping [Table Text Block]
The acquisition date fair value of the consideration transferred consisted of the following:
Cash
$
8,000,000

Note payable
4,024,500

Assumption of note payable to Granite Falls Bank
5,000,000

     Total Consideration
$
17,024,500

The following table provides information on those derivative assets measured at fair value on a recurring basis at October 31, 2014:
 
Carrying Amount in Balance Sheet
October 31, 2014
 




Fair Value
October 31, 2014
 
Fair Value Measurement Using
 
Quoted Prices in Active Markets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 

Significant unobservable inputs
(Level 3)
Financial Asset:
 
 
 
 
 
 
 
 
 
Derivative Instruments
$
1,295,738

 
$
1,295,738

 
$
1,295,738

 
$
—

 
$
—


The following table provides information on those derivative assets measured at fair value on a recurring basis at October 31, 2013:
 



Carrying Amount in Balance Sheet
October 31, 2013
 




Fair Value
October 31, 2013
 
Fair Value Measurement Using
 
Quoted Prices in Active Markets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 

Significant unobservable inputs
(Level 3)
Financial Liabilities:
 
 
 
 
 
 
 
 
 
Derivative Instruments
$
75,113

 
$
75,113

 
$
75,113

 
$
—

 
$
—

Schedule of Business Acquisitions, by Acquisition [Table Text Block]
Cash
$
1,022,764
 
Restricted cash
510,955
 
Accounts receivable
3,107,121
 
Inventory
2,303,157
 
Prepaid expenses
1,107,025
 
Property, plant, and equipment
51,625,774
 
Other assets
924,252
 
Goodwill
1,372,473
 
     Total assets acquired
$
61,973,521
 
 
 
Accounts payable
$
(936,893
)
Accrued expenses
(399,623
)
Notes payable
(36,452,764
)
Non-controlling interest
(7,159,741
)
     Net purchase price
$
17,024,500
 
Business Acquisition, Pro Forma Information [Table Text Block]
The following represents the unaudited pro forma consolidated statement of operations as if the transaction occurred at the beginning of the following periods:

For the years ended
 
October 31, 2014
 
October 31, 2013
 
October 31, 2012
 
Unaudited
 
Unaudited
 
Unaudited
Revenues
$
349,304,556

 
$
343,821,978

 
$
320,641,864

Net income, including portion attributable to non-controlling interest of $712,289, ($20,702,684), and $361,351, respectively
$
4,864,820

 
$
(31,794,779
)
 
$
13,612,987

Earnings per share (30,606, 30,614, and 30,656 weighted average units outstanding - basic and diluted, respectively)
$
116.16

 
$
(617.00
)
 
$
412.75