INCOME TAXES (Tables)

12 Months Ended

Oct. 31, 2017

INCOME TAXES

Schedule of differences between financial statement basis and tax basis of assets

	October 31, 2017		October 31, 2016
Consolidated financial statement basis of assets	$	127,089,530	$	121,470,922
Organization & start-up costs capitalized for tax purposes, net		268,166		357,554
Tax depreciation greater than book depreciation		(14,219,188)		(17,884,622)
Unrealized derivatives gains of commodity derivative instruments		(102,650)		(566,588)
Capitalized inventory		81,119		41,467
Net effect of consolidation of acquired subsidiary		(32,239,669)		(36,496,913)
Income tax basis of assets	$	80,877,308	$	66,921,820