Income Taxes (Tables)

12 Months Ended

Oct. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of Income Taxes

The Company has adopted an October 31 fiscal year end, but has a tax year end of December 31. The differences between financial statement basis and tax basis of assets are estimated as follows:

	October 31, 2019			October 31, 2018
Financial statement basis of total assets	$	74,022,657		$	79,546,941
Derivative instruments - commodities	651,819			2,280,280
Organizational and start-up costs	1,255,034			1,519,252
Book to tax depreciation	(42,331,766		)	(46,287,191		)
Income tax basis of total assets	$	33,597,744		$	37,059,282

The differences between the financial statement basis and tax basis of the Company's liabilities are estimated as follows:

	October 31, 2019		October 31, 2018
Financial statement basis of total liabilities	$	18,038,206	$	15,249,054
Less: Accrued Expenses	403,200		403,200
Income tax basis of total liabilities	$	17,635,006	$	14,845,854