Long-Term Debt (Tables)

9 Months Ended

Jul. 31, 2012

Long-Term Debt [Abstract]

Schedule of long-term debt

Long-term debt consisted of the following:

	July 31, 2012		October 31, 2011
Installment notes payable to banks	$	639,362	$	1,175,784
Notes payable to related party		2,000,000		-
Term loan facility with a syndicate of banks, collateralized by substantially all of the assets of the Company		30,374,224		37,884,224
Revolving line of credit loan facility with a syndicate of banks, collateralized by substantially all of the assets of the Company		8,325,496		9,725,496
		41,339,082		48,785,504
Less current portion revolving line of credit		8,325,496		9,725,496
Less long-term notes payable to related party		2,000,000		-
Less current portion long-term debt		30,893,062		38,629,011
Long-term debt, net of current portion and revolving line of credit	$	120,524	$	430,997

Continuing operations:		July 31, 2012		October 31, 2011
Long-term debt, net of current portion and revolving line credit	$	120,524	$	430,997
Current portion of long-term debt and revolving line of credit		36,443,234		42,479,183
Long-term notes payable to related party		2,000,000		-
Total debt from continuing operations		38,563,758		42,910,180
Liabilities held for sale/discontinued operations - debt		2,775,324		5,875,324
Total indebtedness	$	41,339,082	$	48,785,504