INVESTMENTS (Details) (USD $)
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1 Months Ended | 12 Months Ended | 0 Months Ended | ||
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Jul. 31, 2014
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Oct. 31, 2014
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Oct. 31, 2013
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Aug. 29, 2014
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Nov. 30, 2007
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INVESTMENTS (Details) [Line Items] | |||||
Certificates of Deposit, at Carrying Value | $ 2,500,000us-gaap_CertificatesOfDepositAtCarryingValue | $ 0us-gaap_CertificatesOfDepositAtCarryingValue | |||
Sale of Stock, Number of Shares Issued in Transaction (in Shares) | 16,000,000us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction | 16,000,000us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction | |||
Additional Paid in Capital | 146,232,373us-gaap_AdditionalPaidInCapital | 134,750,048us-gaap_AdditionalPaidInCapital | |||
ZQX [Member] | |||||
INVESTMENTS (Details) [Line Items] | |||||
Equity Method Investment, Ownership Percentage |
19.50%us-gaap_EquityMethodInvestmentOwnershipPercentage / us-gaap_RelatedPartyTransactionAxis = itus_ZQXMember |
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Additional Paid in Capital |
48,000us-gaap_AdditionalPaidInCapital / us-gaap_RelatedPartyTransactionAxis = itus_ZQXMember |
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Proceeds from Sale of Equity Method Investments |
24,000us-gaap_ProceedsFromSaleOfEquityMethodInvestments / us-gaap_RelatedPartyTransactionAxis = itus_ZQXMember |
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Investment In Videocon [Member] | |||||
INVESTMENTS (Details) [Line Items] | |||||
Available-for-sale Securities |
12,065,000us-gaap_AvailableForSaleSecurities / us-gaap_EquitySecuritiesByInvestmentObjectiveAxis = itus_InvestmentInVideoconMember |
16,200,000us-gaap_AvailableForSaleSecurities / us-gaap_EquitySecuritiesByInvestmentObjectiveAxis = itus_InvestmentInVideoconMember |
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Available-for-sale Equity Securities, Amortized Cost Basis |
5,382,000us-gaap_AvailableForSaleEquitySecuritiesAmortizedCostBasis / us-gaap_EquitySecuritiesByInvestmentObjectiveAxis = itus_InvestmentInVideoconMember |
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Available-for-sale Debt Securities, Gross Unrealized Loss |
1,185,000us-gaap_AvailableForSaleDebtSecuritiesGrossUnrealizedLoss / us-gaap_EquitySecuritiesByInvestmentObjectiveAxis = itus_InvestmentInVideoconMember |
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Available-for-sale Securities, Amortized Cost Basis |
4,197,000us-gaap_AvailableForSaleSecuritiesAmortizedCost / us-gaap_EquitySecuritiesByInvestmentObjectiveAxis = itus_InvestmentInVideoconMember |
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Sale of Stock, Number of Shares Issued in Transaction (in Shares) |
20,000,000us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction / us-gaap_EquitySecuritiesByInvestmentObjectiveAxis = itus_InvestmentInVideoconMember |
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Equity Method Investment, Other than Temporary Impairment |
63,000us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment / us-gaap_EquitySecuritiesByInvestmentObjectiveAxis = itus_InvestmentInVideoconMember |
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Impaired Assets to be Disposed of by Method Other than Sale, Carrying Value of Asset |
$ 4,135,000us-gaap_ImpairedAssetsToBeDisposedOfByMethodOtherThanSaleCarryingValueOfAsset / us-gaap_EquitySecuritiesByInvestmentObjectiveAxis = itus_InvestmentInVideoconMember |
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- Details
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X | ||||||||||
- Definition
Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of unrealized loss before deducting unrealized gain on investments in available-for-sale debt securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This item represents the cost of equity securities, which are categorized neither as held-to-maturity nor trading, net of adjustments for other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any. No definition available.
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- Definition
Amount of investment in debt and equity securities categorized neither as held-to-maturity nor trading. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
This item represents the cost of debt and equity securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
A savings certificate entitling the Entity (that is, bearer) to receive interest at an established maturity date, based upon a fixed interest rate. A certificate of deposit may be issued in any denomination. Certificates of deposit are generally issued by commercial banks and, therefore, insured by the FDIC (up to the prescribed limit). Certificates of deposit generally restrict holders from withdrawing funds on demand without the incurrence of penalties. Generally, only certificates of deposit with original maturities of three months or less qualify as cash equivalents. Original maturity means original maturity to the entity holding the investment. As a related example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three-years ago does not become a cash equivalent when its remaining maturity is three months. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This item represents an other than temporary decline in value that has been recognized against an investment accounted for under the equity method of accounting. The excess of the carrying amount over the fair value of the investment represents the amount of the write down which is or was reflected in earnings. The written down value is a new cost basis with the adjusted value of the investment becoming its new carrying value subject to the equity accounting method. Evidence of a loss in value might include, but would not necessarily be limited to, absence of an ability to recover the carrying amount of the investment or inability of the investee to sustain an earnings capacity which would justify the carrying amount of the investment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The carrying amount on the books of the entity of the impaired asset to be disposed of by a method other than sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow associated with the sale of equity method investments, which are investments in joint ventures and entities in which the entity has an equity ownership interest normally of 20 to 50 percent and exercises significant influence. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The number of shares issued or sold by the subsidiary or equity method investee per stock transaction. No definition available.
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- Details
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