PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Oct. 31, 2017

PROPERTY AND EQUIPMENT

Schedule of property and equipment

	October 31, 2017		October 31, 2016
Land and improvements	$	13,697,790	$	13,697,790
Railroad improvements		9,045,112		9,045,112
Process equipment and tanks		129,640,626		128,004,694
Administration building		569,328		569,328
Office equipment		989,690		907,652
Rolling stock		1,904,154		1,792,534
Construction in progress		777,655		315,631
		156,624,355		154,332,741
Less: accumulated depreciation		(84,353,342)		(75,364,725)
Net property and equipment	$	72,271,013	$	78,968,016