Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Tables)

12 Months Ended

Oct. 31, 2015

Accounting Policies [Abstract]

Property, Plant and Equipment [Table Text Block]

Property and equipment are stated at cost. Depreciation is provided over the following estimated useful lives by use of the straight-line method.

Asset Description	Years
Land improvements	5-20 years
Railroad improvements	5-20 years
Process equipment and tanks	5-15 years
Administration building	10-30 years
Office equipment	5-10 years
Rolling stock	5-15 years

A summary of property and equipment:

	October 31, 2015		October 31, 2014
Land and improvements	$	13,348,732	$	12,307,063
Railroad improvements	8,005,523		8,005,523
Process equipment and tanks	123,405,024		113,602,431
Administration building	907,652		1,015,361
Office equipment	569,328		265,792
Rolling stock	1,777,863		1,834,026
Construction in progress	2,013,765		7,109,796
	150,027,887		144,139,992
Less: accumulated depreciation	65,723,725		56,111,647
Net property and equipment	$	84,304,162	$	88,028,345