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CONVERTIBLE DEBENTURES (Details) - Intrinsic Value Computation (Parentheticals) (USD $)
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12 Months Ended | |
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Oct. 31, 2014
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Oct. 31, 2013
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| CONVERTIBLE DEBENTURES (Details) - Intrinsic Value Computation (Parentheticals) [Line Items] | ||
| Aggregate intrinsic value | $ 2,452,472us-gaap_DebtInstrumentCarryingAmount | $ 259,847us-gaap_DebtInstrumentCarryingAmount |
| 8% Convertible Debenture [Member] | ||
| CONVERTIBLE DEBENTURES (Details) - Intrinsic Value Computation (Parentheticals) [Line Items] | ||
| Issuance of shares |
5,285us-gaap_DebtConversionConvertedInstrumentSharesIssued1 / us-gaap_DebtInstrumentAxis = itus_A8ConvertibleDebentureMember |
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| Aggregate intrinsic value |
$ 3,500,000us-gaap_DebtInstrumentCarryingAmount / us-gaap_DebtInstrumentAxis = itus_A8ConvertibleDebentureMember |
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- Definition
The number of shares issued in exchange for the original debt being converted in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of long-term debt before deduction of unamortized discount or premium. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, with initial maturities beyond one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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