INVESTMENTS (Details) - Investment (Investment In Videocon [Member], USD $)
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12 Months Ended | |
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Oct. 31, 2013
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Oct. 31, 2012
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Investment In Videocon [Member]
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Schedule of Fair Value of Separate Accounts by Major Category of Investment [Line Items] | ||
Fair Value as of October 31, 2011 | $ 4,728,367 | $ 5,382,051 |
Reversal of unrealized gain (loss) | 653,684 | (653,684) |
Other than temporary impairment | (1,184,710) | |
Fair Value | $ 4,197,341 | $ 4,728,367 |
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- Definition
Equity securities categorized neither as held-to-maturity nor trading which are intended be sold more than one year from the balance sheet date or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount by which the fair value of an investment is less than the amortized cost basis or carrying amount of that investment at the balance sheet date and the decline in fair value is deemed to be other than temporary, before considering whether or not such amount is recognized in earnings or other comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of investments, not including unrealized gains or losses on securities separately or otherwise categorized as trading, available-for-sale, or held-to-maturity, held at each balance sheet date and included in earnings for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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