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<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px;">22. Series B and Series B-2 Preferred Stock</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Series B Convertible Preferred Stock</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">In 1997, in connection with the acquisition of Ronald Michaelis Ranches, Inc., the Company issued <font>30,000</font> shares of Series B Convertible Preferred Stock at $<font>100.00</font> par value (the “Series B Stock”).</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Dividends: The holders of shares of Series B Stock are entitled to receive cumulative cash dividends at an annual rate of <font>8.75</font>% of par value. Such dividends are payable quarterly on the first day of January, April, July and October in each year commencing July 1, 1997.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Voting Rights: Each shareholder of Series B Stock is entitled to <font>ten</font> votes on all matters submitted to a vote of the stockholders of the Company.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Redemption: <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">The Company, at the option of the Board of Directors, may redeem the Series B Stock, as a whole or in part, at any time or from time to time on or after August 1, 2017 and before July 31, 2027, at a redemption price equal to the par value thereof, plus accrued and unpaid dividends thereon to the date fixed for redemption</font>.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Conversion: <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">The holders of Series B Stock have the right, at their option, to convert such shares into shares of Common Stock of the Company at any time prior to redemption. The conversion price is<font class="Apple-converted-space"> </font></font>$<font>8.00</font> <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">per share of Common Stock. Pursuant to the terms of the Certificate of Designation, Preferences and Rights of the Series B Stock, the conversion price shall be adjusted to reflect any dividends paid in Common Stock of the Company, the subdivision of the Common Stock of the Company into a greater number of shares of Common Stock of the Company or upon the advice of legal counsel</font>.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 29.7pt; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Put: <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">The holders of Series B Stock may at any time after July 1, 2017 and before June 31, 2027 cause the Company to repurchase such shares at a repurchase price equal to the par value thereof, plus accrued and unpaid dividends thereon to the date fixed for repurchase</font>.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 29.7pt; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">Because the Series B Stock may be redeemed by holders of the shares at their discretion beginning July 1, 2017, the redemption is outside of the control the Company and accordingly, the Series B Stock has been classified as temporary equity</font></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<div>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;"> </p> <p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;"><strong style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Series B-2 Convertible Preferred Stock</strong></p> <p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;"> </p> <p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">During <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">March and April of 2014, pursuant to a Series B-2 Stock Purchase Agreement dated March 21, 2014, the Company issued an aggregate of<font class="Apple-converted-space"> </font></font><font>9,300</font> shares of Series B-2, <font>4</font>% voting preferred stock with a par value of $<font>100.00</font> <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">per share (“Series B-2 Preferred Stock”) to WPI-ACP Holdings, LLC (“WPI”), an entity affiliated with Water Asset Management, LLC (“WAM”) for total proceeds of $<font>9,300,000</font>. The transactions were exempt from the registration requirements of the Securities Act of 1933, as amended. The Series B-2 Preferred Stock has the following rights, preferences, privileges, and restrictions</font>:</p> <p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p> <p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Conversion: <font>Each <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">share of the Series B-2 Preferred Stock is convertible into common stock at a conversion price equal to the greater of (a) the then-market price of the Company's common stock based upon the closing price of the Company's common stock on the NASDAQ Stock Market, LLC or on such other principal market on which the Company's common stock may then be trading and (b)</font> $<font>15.00</font> <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">per share of common stock. Shares of the Series B-2 Preferred Stock may be converted into common stock (i) at any time prior to the redemption thereof, or (ii) in the event the Option Agreement (as defined below) is terminated without all of the shares of Series B-2 Preferred Stock having been redeemed, within</font> <font>30</font> <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">calendar days following such termination</font>.</font></p> <p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p> <p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">Dividends: The holder of shares of the Series B-2 Preferred Stock is entitled to receive cumulative cash dividends at an annual rate of</font> <font>4</font>% of the liquidation value of $<font>1,000</font> per share. Such dividends are payable <font>quarterly</font><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;"> on the first day of January, April, July and October in each year commencing July 1, 2014</font>.</p> <p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p> <p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">Liquidation Rights: In the event of any voluntary or involuntary liquidation, dissolution or winding up of the Company, the holder of shares of the Series B-2 Preferred Stock is entitled to be paid out of the assets available for distribution, before any payment is made to the holders of the Company's common stock or any other series or class of the Company's shares ranking junior to the Series B-2 Preferred Stock, an amount equal to the liquidation value of</font> $<font>1,000</font> <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">per share, plus an amount equal to all accrued and unpaid dividends</font>.</p> <p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;">  </p> <p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">Voting Rights: Each share of Series B-2 Preferred Stock is entitled to one vote on all matters submitted to a vote of the Company's stockholders.</p> <p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p> <p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">Redemption: The Company may redeem shares of Series B-2 Preferred Stock only (i) from WPI or its designee and (ii) upon, and to the extent of, an election to exercise the option pursuant to the Option Agreement, described below, at a redemption price equal to the liquidation value of $1,000 per share plus accrued and unpaid dividends.</p> <p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify; text-indent: 0.5in;"> </p> <p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">Because the Series B-2 Preferred Stock may be redeemed by WPI at its discretion with the exercise of the Option Agreement, the redemption is outside of the control the Company and accordingly, the Series B-2 Preferred Stock has been classified as temporary equity.</p> <p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify; text-indent: 0.5in;"> </p> <p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">In <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">connection with the sale of the Series B-2 Preferred Stock, Associated and another affiliate of WAM, ("WPI-ACP"), entered into a series of agreements</font> related to the future ownership and disposition of farmland with associated Colorado River water rights and other real estate that is held by Associated in Yuma, Arizona. The agreements allow the parties to explore strategies that will make the highest and best use of those assets, including but not limited to the sale or lease of assets or the expansion of a fallowing and water savings program in which a portion of Associated's property is currently enrolled. The net proceeds of any monetization event would be shared equally by the parties. The agreements entered into include a Water Development Agreement and an Option Agreement. Pursuant to the Water Development Agreement, Associated granted WPI-ACP exclusive rights to develop water assets attributable to the real estate owned by Associated for the mutual benefit of Associated and WAM. Pursuant to the Option Agreement, Associated granted WPI-ACP an option to purchase an undivided interest of up to one-half of the real estate owned by Associated in Yuma County, Arizona (the “Property”) and the water rights associated therewith until January 1, 2026. The purchase price for the Property subject to the Option Agreement will be paid via the redemption by the Company of a proportionate percentage of the Series B-2 Preferred Stock. Unless and until a definitive agreement or definitive agreements with respect to Associated's real estate and water rights is entered into that would cause the cessation of farming operations, Associated expects to continue farming the Property and recognize all results of operations and retain all proceeds from such operations.</p>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>23. Stockholders' Equity</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Series A Junior Participating Preferred Stock and Shareholder Rights Agreement</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">During fiscal 2007, the Company entered into a shareholder rights agreement with the Bank of New York acting as rights agent. In connection with this agreement, on October 31, 2006, the Company designated <font>20,000</font> shares of preferred stock as Series A Junior Participating Preferred Stock at $<font>.01</font> par value (the “Series A Stock”). Additionally, on <font>October 31, 2006</font>, the Company declared a dividend to be distributed on <font>December 20, 2006</font>, to each holder of record of the Company's common stock the right to purchase <font>one one</font>-hundredth of a share of Series A Stock. If a triggering event occurs, the Board of Directors has the option to allow rights holders to exercise their rights.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Dividends: The holders of shares of Series A Stock shall be entitled to receive cash dividends in an amount per share equal to the greater of (a) $<font>1.00</font> or (b) <font>100</font> times the aggregate per share amount of all cash dividends and <font>100</font> times the aggregate per share amounts of all non-cash dividends, other than a dividend payable in common stock, declared on the common stock. Such dividends are payable quarterly on the fifteenth day of January, April, July and October in each year commencing on the first quarterly dividend payment date after the first issuance of a share or fraction of shares of the Series A Stock.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Voting Rights: Each share of Series A Stock shall be entitled to <font>one hundred</font> votes on all matters submitted to a vote of the stockholders of the Company.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Redemption: The shares of Series A Stock shall not be redeemable.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Conversion: The shares of Series A Stock shall not be convertible.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Stock-based compensation</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company has a stock-based compensation plan (the “Stock Plan”) that allows for the grant of common stock of the Company to members of management based on achievement of certain annual financial performance and other criteria. The number of shares granted is based on a percentage of the employee's base salary divided by the stock price on the grant date. Shares granted under the Stock Plan generally vest over a <font>three</font> year period. During December 2014, <font>41,889</font> shares of common stock were granted to management under the Stock Plan for fiscal year 2014 performance, resulting in total compensation expense of approximately $<font>1,071,000</font>, with $<font>367,000</font> recognized in the year ended October 31, 2014 and the balance to be recognized over the next <font>two</font> years as the shares vest.  During December 2013, <font>27,091</font> shares of common stock were granted to management under the Stock Plan for fiscal 2013 performance, resulting in a total compensation expense of approximately $<font>727,000</font>, with $<font>253,000</font> recognized in the year ended December 31, 2013 and the balance to be recognized over the next <font>two</font> years as the shares vest. <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">During December 2012, <font>34,721</font> shares of common stock were granted to management under the Stock Plan for fiscal year 2012 performance, resulting in total compensation expense of approximately $<font>657,000</font>, with $<font>216,000</font> recognized in the year ended October 31, 2012 and the balance to be recognized over the next <font>two</font> years as the shares vest. No shares were granted for fiscal year 2011 performance. Stock-based compensation expense is included in selling, general and administrative expense and is recognized over the performance and vesting periods as summarized below</font>:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
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<td style=" text-align: center; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Performance</strong></td>
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<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; text-align: center;"><strong>Shares</strong></td>
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<td colspan="10" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Year Ended October 31,</strong></td>
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<td align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; text-align: center; width: 59%;"><strong>Year</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="2" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 10%; text-align: center;"><strong>Granted</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; text-align: center; width: 10%;"><strong>2014</strong></td>
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<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; text-align: center; width: 10%;"><strong>2013</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; text-align: center; width: 10%;"><strong>2012</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
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<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; text-align: center;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: center; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">2010</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF; text-align: center;"><font>62,287</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>-</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>91,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>546,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: center; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">2012</td>
<td style=" font-family : Times New Roman;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: center;"><font>34,721</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>209,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>209,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>216,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: center; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">2013</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF; text-align: center;"><font>27,091</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>237,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>253,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>-</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: center; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">2014</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: center;"><font>-</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>367,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>-</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>-</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>813,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>553,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>762,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">During fiscal years 2014, 2013, and 2012, respectively, members of management exchanged <font>6,619</font>, <font>11,010</font> and <font>10,995</font> shares of common stock with fair market values of $<font>176,000</font>, $<font>236,000</font> and $<font>196,000</font>, at the date of the exchanges, for the payment of payroll taxes associated with the vesting of shares under the Company's stock-based compensation programs.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">During fiscal years 2014, 2013 and 2012, respectively, <font>13,587</font>, <font>9,040</font> and <font>10,269</font> shares of common stock were issued to the Company's non-employee directors under the Company's stock-based compensation plans. The Company recognized $<font>303,000</font>, $<font>200,000</font> and $<font>185,000</font> of stock-based compensation in fiscal years 2014, 2013 and 2012, respectively.</p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Donation of Common Stock</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">During each June of 2014, 2013 and 2012 the Company donated $<font>100,000</font> of unregistered common stock to the Museum of Ventura County (“the Museum”), a California non-profit corporation. The number of shares of common stock issued was <font>4,552</font>, <font>4,859</font> and <font>6,165</font> in 2014, 2013 and 2011, respectively, which was based on the market value of Limoneira common stock on the date of the donation. The Company recognized expense of $<font>100,000</font> each year, which is included in selling, general and administrative expense. The donations are to be used by the Museum to establish and operate an agriculture museum in Santa Paula, California depicting the history of agriculture in Ventura County</p>
</div>
31000
9300000
9331000
9300000
30000
14109702
263000
-1449000
173000
14845000
14845000
2240000
2240000
198000
198000
3000000
115000
53000
33000
60000
8750000
18580000
803000
28000
247200000
14078077
2623000
707000
3722000
7052000
2471000
2471000
2623000
707000
1251000
4581000
2623000
707000
3722000
7052000
2003000
6000
2175000
4184000
910000
16000
2009000
2935000
1093000
-10000
166000
1249000
2286000
712000
2998000
2286000
712000
2998000
2286000
712000
2998000
2218000
9000
6000000
8227000
862000
25000
7754000
8641000
1356000
-16000
-1754000
-414000
1399000
675000
8255000
10329000
1399000
675000
8255000
10329000
1399000
675000
8255000
10329000
1508000
7000
1515000
726000
21000
1000
748000
782000
-14000
-1000
767000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>8. Equity Investments</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Limco Del Mar, Ltd.</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company has a <font>1.3</font>% interest in Limco Del Mar, Ltd. (“Del Mar”) as a general partner and a <font>22.1</font>% interest as a limited partner. Based on the terms of the partnership agreement, the Company may be removed without cause from the partnership upon the vote of the limited partners owning an aggregate of <font>50</font>% or more interest in the partnership. Since the Company has significant influence, but less than a controlling interest, the Company's investment in Del Mar is accounted for using the equity method of accounting.<font style=" font-size: 10pt;"> </font></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company provides Del Mar with farm management, orchard land development and accounting services, and recognized revenue of $<font>141,000</font>, $<font>141,000</font> and $<font>136,000</font> in fiscal years 2014, 2013 and 2012, respectively. The Company also performed contract lemon packing services for Del Mar and recognized revenues of $<font>675,000</font>, $<font>733,000</font> and $<font>569,000</font> in fiscal years 2014, 2013 and 2012, respectively. Fruit proceeds due to Del Mar were $<font>828,000</font> and $<font>342,000</font> at October 31, 2014 and 2013, respectively, and are included in grower's payable in the accompanying consolidated balance sheets.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Romney Property Partnership</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">In May 2007, the Company and an individual formed the Romney Property Partnership (“Romney”) for the purpose of owning and leasing an office building and adjacent lot in Santa Paula, California. The Company paid $<font>489,000</font> in 2007 for <font>75</font>% interest in Romney, and contributed $<font>8,000</font>, $<font>34,000</font> and $<font>9,000</font> to the partnership in fiscal years 2014, 2013 and 2012, respectively. The terms of the partnership agreement affirm the status of the Company as a non-controlling investor in the partnership since the Company cannot exercise unilateral control over the partnership. Since the Company has significant influence, but less than a controlling interest, the Company's investment in Romney is accounted for using the equity method of accounting. Net profits, losses and cash flows of Romney are shared by the Company, which receives <font>75</font>% and the individual, who receives <font>25</font>%.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>HM East Ridge, LLC</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">In February 2010, the Company and HM Manager, LLC formed HM East Ridge, LLC, ("East Ridge") for the purpose of developing one of the four Templeton Project parcels. The Company and HM Manager each had a <font>50</font>% interest in the East Ridge. The Company's initial capital contribution into East Ridge was the land parcel with a net carrying value of $<font>7,207,000</font>.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">On April 8, 2013 the Company and HM East Ridge, LLC entered into a Purchase and Sale Agreement to sell its East Ridge parcel of property for $<font>6,000,000</font>. The transaction closed in June 2013 and generated net proceeds of $<font>5,713,000</font>. The Company recognized a loss of $<font>1,754,000</font>, which is included in equity earnings (losses) of investments in the Company's fiscal year 2013 consolidated statements of operations.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;"><strong>Limoneira Chile SpA</strong></p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">On August 14, 2014, through its wholly owned subsidiary, Limoneira Chile SpA, the Company invested $<font>1,750,000</font> for a <font>35</font>% interest in Rosales S.A, (“Rosales”), a citrus packing, marketing and sales business located in La Serena, Chile. The Company will earn equity income from its investment and $<font>0.50</font> per carton on lemon sales to Asian markets. The Company's investment includes certain preferred interest provisions through December 31, 2016, including cash distributions of the <font>50</font>% and <font>40</font>% of the net income of Rosales for the years ending December 31, 2014 and 2015, respectively, as well as a liquidation preference on its investment. In addition, the Company has the right to acquire the <font>52</font>% interest of the majority shareholder of Rosales upon death or disability of Rosales' general manager for the fair value of the interest on the date of the event as defined in the shareholders' agreement. Since the Company has significant influence, but less than a controlling interest, the Company's investment in Rosales is accounted for using the equity method of accounting.</p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">Rosales' functional currency is the Chilean Peso. The following financial information has been translated to U.S. dollars. In addition, as a result of the Company's acquisition of its equity interest, basis differences were identified between the historical cost of the net assets of Rosales and the proportionate fair value of the net assets acquired. Such basis differences aggregated $<font>1,683,000</font> on the acquisition date and are primarily comprised of intangible assets, including $<font>343,000</font> of equity method goodwill. The remaining $<font>1,340,000</font> in basis differences is being amortized over the estimated life of the underlying intangible assets as a reduction in the equity investment and an expense included in equity in earnings (losses) of investments. Amortization amounted to $<font>43,000</font> from the acquisition date to October 31, 2014 and is estimated to be approximately $<font>206,000</font> per year through October 31, 2018 and $<font>55,000</font> per year for years ending October 31, 2019 through October 31, 2023. The foregoing basis difference and related amortization amounts are based on a preliminary valuation of Rosales' net assets, which will be adjusted when such information is finalized.</p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;"> </p>
<div></div>
</div>
<div>
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify;">The following is unaudited financial information of the equity method investees for fiscal years 2014, 2013 and 2012, respectively:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify;"> </p>
<div class="CursorPointer">
<div>
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;">
<tr style=" vertical-align: bottom;">
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: Black 1pt solid; font-family : Times New Roman;"><strong>Del Mar</strong></td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: Black 1pt solid; font-family : Times New Roman;"><strong>Romney</strong></td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: Black 1pt solid; font-family : Times New Roman;"><strong>East Ridge</strong></td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: Black 1pt solid; font-family : Times New Roman;"><strong>Rosales</strong></td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: Black 1pt solid; font-family : Times New Roman;"><strong>Total</strong></td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
</tr>
<tr style=" background-color: #CCEEFF;">
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"><strong>2014</strong></td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td colspan="2" style=" text-align: center; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td colspan="2" style=" text-align: center; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td colspan="2" style=" text-align: center; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td colspan="2" style=" text-align: center; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td colspan="2" style=" text-align: center; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" width: 35%; padding-bottom: 2.5pt; font-family : Times New Roman;">Assets</td>
<td style=" width: 1%; padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" width: 1%; border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" width: 10%; border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>2,623,000</font></td>
<td style=" width: 1%; padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" width: 1%; padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" width: 1%; border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" width: 10%; border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>707,000</font></td>
<td style=" width: 1%; padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" width: 1%; padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" width: 1%; border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" width: 10%; border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" width: 1%; padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" width: 1%; padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" width: 1%; border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" width: 10%; border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>3,722,000</font></td>
<td style=" width: 1%; padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" width: 1%; padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" width: 1%; border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" width: 10%; border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>7,052,000</font></td>
<td style=" width: 1%; padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" background-color: #CCEEFF;">Liabilities</td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>2,471,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>2,471,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" padding-bottom: 1pt; font-family : Times New Roman;">Equity</td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>2,623,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>707,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>1,251,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>4,581,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; padding-bottom: 2.5pt; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman; background-color: #CCEEFF;">Total liabilities and equity</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>2,623,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>707,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>3,722,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>7,052,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td>Revenues</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>2,003,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>6,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>2,175,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>4,184,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;">Expenses</td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>910,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>16,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>2,009,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>2,935,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; padding-bottom: 2.5pt; font-family : Times New Roman;">Net income (loss)</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>1,093,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>(10,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;">)</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>166,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>1,249,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"><strong>2013</strong></td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;">Assets</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>2,286,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>712,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>2,998,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" background-color: #CCEEFF;">Liabilities</td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" padding-bottom: 1pt; font-family : Times New Roman;">Equity</td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>2,286,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>712,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>2,998,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; padding-bottom: 2.5pt; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman; background-color: #CCEEFF;">Total liabilities and equity</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>2,286,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>712,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>2,998,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td>Revenues</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>2,218,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>9,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>6,000,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>8,227,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;">Expenses</td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>862,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>25,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>7,754,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>8,641,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; padding-bottom: 2.5pt; font-family : Times New Roman;">Net income (loss)</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>1,356,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>(16,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;">)</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>(1,754,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;">)</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>(414,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman; background-color: #CCEEFF;"><strong>2012</strong></td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" padding-bottom: 2.5pt; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Assets</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>1,399,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>675,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>8,255,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>10,329,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman; background-color: #CCEEFF;">Liabilities</td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" padding-bottom: 1pt; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Equity</td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>1,399,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>675,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>8,255,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>10,329,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; padding-bottom: 2.5pt; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman; background-color: #CCEEFF;">Total liabilities and equity</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>1,399,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>675,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>8,255,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>10,329,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Revenues</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>1,508,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>7,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>1,515,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" padding-bottom: 1pt; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman; background-color: #CCEEFF;">Expenses</td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>726,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>21,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>1,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>748,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; padding-bottom: 2.5pt; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Net income (loss)</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>782,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>(14,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;">)</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>(1,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;">)</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>767,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
</table>
</div>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify;">The Company's investment and equity in earnings (losses) of the equity method investees are as follows:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify;"> </p>
<div class="CursorPointer">
<div>
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;">
<tr style=" vertical-align: bottom;">
<td> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: Black 1pt solid; font-family : Times New Roman;"><strong>Del Mar</strong></td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: Black 1pt solid; font-family : Times New Roman;"><strong>Romney</strong></td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: Black 1pt solid; font-family : Times New Roman;"><strong>East Ridge</strong></td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: Black 1pt solid; font-family : Times New Roman;"><strong>Rosales</strong></td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: Black 1pt solid; font-family : Times New Roman;"><strong>Total</strong></td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td> </td>
<td> </td>
<td colspan="2"> </td>
<td> </td>
<td> </td>
<td colspan="2"> </td>
<td> </td>
<td> </td>
<td colspan="2"> </td>
<td> </td>
<td> </td>
<td colspan="2"> </td>
<td> </td>
<td> </td>
<td colspan="2"> </td>
<td> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: rgb(204,238,255);">
<td style=" width: 35%; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Investment balance October 31, 2011</td>
<td style=" width: 1%; font-family : Times New Roman;"> </td>
<td style=" width: 1%; text-align: left; font-family : Times New Roman;">$</td>
<td style=" width: 10%; text-align: right; font-family : Times New Roman;"><font>1,095,000</font></td>
<td style=" width: 1%; text-align: left; font-family : Times New Roman;"> </td>
<td style=" width: 1%; font-family : Times New Roman;"> </td>
<td style=" width: 1%; text-align: left; font-family : Times New Roman;">$</td>
<td style=" width: 10%; text-align: right; font-family : Times New Roman;"><font>514,000</font></td>
<td style=" width: 1%; text-align: left; font-family : Times New Roman;"> </td>
<td style=" width: 1%; font-family : Times New Roman;"> </td>
<td style=" width: 1%; text-align: left; font-family : Times New Roman;">$</td>
<td style=" width: 10%; text-align: right; font-family : Times New Roman;"><font>7,287,000</font></td>
<td style=" width: 1%; text-align: left; font-family : Times New Roman;"> </td>
<td style=" width: 1%; font-family : Times New Roman;"> </td>
<td style=" width: 1%; text-align: left; font-family : Times New Roman;">$</td>
<td style=" width: 10%; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" width: 1%; text-align: left; font-family : Times New Roman;"> </td>
<td style=" width: 1%; font-family : Times New Roman;"> </td>
<td style=" width: 1%; text-align: left; font-family : Times New Roman;">$</td>
<td style=" width: 10%; text-align: right; font-family : Times New Roman;"><font>8,896,000</font></td>
<td style=" width: 1%; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: White;">
<td style=" text-align: left; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Equity earnings (losses)</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>183,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(10,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>173,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: rgb(204,238,255);">
<td style=" text-align: left; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Cash distribution</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(220,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(220,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: White;">
<td style=" text-align: left; padding-bottom: 1pt; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Investment contributions</td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>9,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>89,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>98,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: rgb(204,238,255);">
<td style=" text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Investment balance October 31, 2012</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>1,058,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>513,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>7,376,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>8,947,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: White;">
<td style=" text-align: left; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Equity earnings (losses)</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>317,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(12,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(1,754,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(1,449,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: rgb(204,238,255);">
<td style=" text-align: left; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Cash distributions</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(110,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(5,713,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(5,823,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: White;">
<td style=" text-align: left; padding-bottom: 1pt; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Investment contributions</td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>34,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>91,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>125,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: rgb(204,238,255);">
<td style=" text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Investment balance October 31, 2013</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>1,265,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>535,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>1,800,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: White;">
<td style=" text-align: left; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Equity earnings (losses)</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>256,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(8,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>15,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>263,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: rgb(204,238,255);">
<td style=" text-align: left; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Cash distribution</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(183,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(183,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: White;">
<td style=" text-align: left; padding-bottom: 1pt; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Investment contributions</td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>8,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>1,750,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>1,758,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: rgb(204,238,255);">
<td style=" padding-bottom: 2.5pt; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Investment balance October 31, 2014</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>1,338,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>535,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>1,765,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>3,638,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
</table>
</div>
</div>
</div>
<p> </p>
</div>
</div>
1058000
513000
7376000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;">
<tr style=" vertical-align: bottom;">
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: Black 1pt solid; font-family : Times New Roman;"><strong>Del Mar</strong></td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: Black 1pt solid; font-family : Times New Roman;"><strong>Romney</strong></td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: Black 1pt solid; font-family : Times New Roman;"><strong>East Ridge</strong></td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: Black 1pt solid; font-family : Times New Roman;"><strong>Rosales</strong></td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: Black 1pt solid; font-family : Times New Roman;"><strong>Total</strong></td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
</tr>
<tr style=" background-color: #CCEEFF;">
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"><strong>2014</strong></td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td colspan="2" style=" text-align: center; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td colspan="2" style=" text-align: center; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td colspan="2" style=" text-align: center; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td colspan="2" style=" text-align: center; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td colspan="2" style=" text-align: center; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" width: 35%; padding-bottom: 2.5pt; font-family : Times New Roman;">Assets</td>
<td style=" width: 1%; padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" width: 1%; border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" width: 10%; border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>2,623,000</font></td>
<td style=" width: 1%; padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" width: 1%; padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" width: 1%; border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" width: 10%; border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>707,000</font></td>
<td style=" width: 1%; padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" width: 1%; padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" width: 1%; border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" width: 10%; border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" width: 1%; padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" width: 1%; padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" width: 1%; border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" width: 10%; border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>3,722,000</font></td>
<td style=" width: 1%; padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" width: 1%; padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" width: 1%; border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" width: 10%; border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>7,052,000</font></td>
<td style=" width: 1%; padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" background-color: #CCEEFF;">Liabilities</td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>2,471,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>2,471,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" padding-bottom: 1pt; font-family : Times New Roman;">Equity</td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>2,623,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>707,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>1,251,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>4,581,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; padding-bottom: 2.5pt; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman; background-color: #CCEEFF;">Total liabilities and equity</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>2,623,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>707,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>3,722,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>7,052,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td>Revenues</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>2,003,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>6,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>2,175,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>4,184,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;">Expenses</td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>910,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>16,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>2,009,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>2,935,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; padding-bottom: 2.5pt; font-family : Times New Roman;">Net income (loss)</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>1,093,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>(10,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;">)</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>166,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>1,249,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"><strong>2013</strong></td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;">Assets</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>2,286,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>712,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>2,998,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" background-color: #CCEEFF;">Liabilities</td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" padding-bottom: 1pt; font-family : Times New Roman;">Equity</td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>2,286,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>712,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>2,998,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; padding-bottom: 2.5pt; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman; background-color: #CCEEFF;">Total liabilities and equity</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>2,286,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>712,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>2,998,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td>Revenues</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>2,218,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>9,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>6,000,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>8,227,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;">Expenses</td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>862,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>25,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>7,754,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>8,641,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; padding-bottom: 2.5pt; font-family : Times New Roman;">Net income (loss)</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>1,356,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>(16,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;">)</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>(1,754,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;">)</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>(414,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman; background-color: #CCEEFF;"><strong>2012</strong></td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" padding-bottom: 2.5pt; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Assets</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>1,399,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>675,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>8,255,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>10,329,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman; background-color: #CCEEFF;">Liabilities</td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" padding-bottom: 1pt; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Equity</td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>1,399,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>675,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>8,255,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>10,329,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; padding-bottom: 2.5pt; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman; background-color: #CCEEFF;">Total liabilities and equity</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>1,399,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>675,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>8,255,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>10,329,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Revenues</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>1,508,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>7,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;">$</td>
<td style=" text-align: right; font-family : Times New Roman;"><font>1,515,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" padding-bottom: 1pt; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman; background-color: #CCEEFF;">Expenses</td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>726,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>21,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>1,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman; background-color: #CCEEFF;"><font>748,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; padding-bottom: 2.5pt; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Net income (loss)</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>782,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>(14,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;">)</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>(1,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;">)</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>767,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
</table>
</div>
8947000
317000
-12000
-1754000
110000
5713000
5823000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif;">
<tr style=" vertical-align: bottom;">
<td> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: Black 1pt solid; font-family : Times New Roman;"><strong>Del Mar</strong></td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: Black 1pt solid; font-family : Times New Roman;"><strong>Romney</strong></td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: Black 1pt solid; font-family : Times New Roman;"><strong>East Ridge</strong></td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: Black 1pt solid; font-family : Times New Roman;"><strong>Rosales</strong></td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: Black 1pt solid; font-family : Times New Roman;"><strong>Total</strong></td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td> </td>
<td> </td>
<td colspan="2"> </td>
<td> </td>
<td> </td>
<td colspan="2"> </td>
<td> </td>
<td> </td>
<td colspan="2"> </td>
<td> </td>
<td> </td>
<td colspan="2"> </td>
<td> </td>
<td> </td>
<td colspan="2"> </td>
<td> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: rgb(204,238,255);">
<td style=" width: 35%; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Investment balance October 31, 2011</td>
<td style=" width: 1%; font-family : Times New Roman;"> </td>
<td style=" width: 1%; text-align: left; font-family : Times New Roman;">$</td>
<td style=" width: 10%; text-align: right; font-family : Times New Roman;"><font>1,095,000</font></td>
<td style=" width: 1%; text-align: left; font-family : Times New Roman;"> </td>
<td style=" width: 1%; font-family : Times New Roman;"> </td>
<td style=" width: 1%; text-align: left; font-family : Times New Roman;">$</td>
<td style=" width: 10%; text-align: right; font-family : Times New Roman;"><font>514,000</font></td>
<td style=" width: 1%; text-align: left; font-family : Times New Roman;"> </td>
<td style=" width: 1%; font-family : Times New Roman;"> </td>
<td style=" width: 1%; text-align: left; font-family : Times New Roman;">$</td>
<td style=" width: 10%; text-align: right; font-family : Times New Roman;"><font>7,287,000</font></td>
<td style=" width: 1%; text-align: left; font-family : Times New Roman;"> </td>
<td style=" width: 1%; font-family : Times New Roman;"> </td>
<td style=" width: 1%; text-align: left; font-family : Times New Roman;">$</td>
<td style=" width: 10%; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" width: 1%; text-align: left; font-family : Times New Roman;"> </td>
<td style=" width: 1%; font-family : Times New Roman;"> </td>
<td style=" width: 1%; text-align: left; font-family : Times New Roman;">$</td>
<td style=" width: 10%; text-align: right; font-family : Times New Roman;"><font>8,896,000</font></td>
<td style=" width: 1%; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: White;">
<td style=" text-align: left; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Equity earnings (losses)</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>183,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(10,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>173,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: rgb(204,238,255);">
<td style=" text-align: left; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Cash distribution</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(220,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(220,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: White;">
<td style=" text-align: left; padding-bottom: 1pt; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Investment contributions</td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>9,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>89,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>98,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: rgb(204,238,255);">
<td style=" text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Investment balance October 31, 2012</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>1,058,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>513,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>7,376,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>8,947,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: White;">
<td style=" text-align: left; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Equity earnings (losses)</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>317,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(12,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(1,754,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(1,449,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: rgb(204,238,255);">
<td style=" text-align: left; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Cash distributions</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(110,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(5,713,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(5,823,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: White;">
<td style=" text-align: left; padding-bottom: 1pt; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Investment contributions</td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>34,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>91,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>125,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: rgb(204,238,255);">
<td style=" text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Investment balance October 31, 2013</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>1,265,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>535,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>1,800,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: White;">
<td style=" text-align: left; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Equity earnings (losses)</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>256,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(8,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>15,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>263,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: rgb(204,238,255);">
<td style=" text-align: left; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Cash distribution</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(183,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td> </td>
<td style=" text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman;"><font>(183,000</font></td>
<td style=" text-align: left; font-family : Times New Roman;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: White;">
<td style=" text-align: left; padding-bottom: 1pt; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Investment contributions</td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>8,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>1,750,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 1pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: left; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 1pt solid; text-align: right; font-family : Times New Roman;"><font>1,758,000</font></td>
<td style=" padding-bottom: 1pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: rgb(204,238,255);">
<td style=" padding-bottom: 2.5pt; text-indent: -9.9pt; padding-left: 9.9pt; font-family : Times New Roman;">Investment balance October 31, 2014</td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>1,338,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>535,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>–</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>1,765,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
<td style=" padding-bottom: 2.5pt; font-family : Times New Roman;"> </td>
<td style=" border-bottom: Black 2.5pt double; text-align: left; font-family : Times New Roman;">$</td>
<td style=" border-bottom: Black 2.5pt double; text-align: right; font-family : Times New Roman;"><font>3,638,000</font></td>
<td style=" padding-bottom: 2.5pt; text-align: left; font-family : Times New Roman;"> </td>
</tr>
</table>
</div>
1095000
514000
8896000
183000
-10000
220000
220000
9000
98000
34000
91000
125000
1265000
535000
256000
-8000
15000
183000
183000
8000
1750000
1758000
1338000
535000
1765000
7287000
89000
P5Y
P5Y
P6Y
P1Y
P1M
P10Y
6
1641000
P3Y
P2Y
P2Y
3
9331000
14016011
100.00
10000
9300
0.04
1000
9300
52000
52000
176000
236000
196000
9300000
52000
1700000
624000
280000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div class="CursorPointer">
<table cellpadding="0" cellspacing="0" style=" font-family : Times New Roman; letter-spacing: normal; orphans: auto; text-indent: 0px; text-transform: none; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; border-collapse: collapse; width: 100%;">
<tr style=" vertical-align: bottom; background-color: rgb(204, 238, 255);">
<td style=" text-align: justify; vertical-align: bottom; width: 90%;">Building</td>
<td style=" vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom; text-align: left; width: 8%;">$</td>
<td align="right" style=" white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>395,000</font></td>
<td style=" text-align: left; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: white;">
<td style=" text-align: justify; vertical-align: bottom; width: 90%;">Land and improvements</td>
<td style=" vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; vertical-align: bottom; white-space: nowrap; width: 8%;"> </td>
<td align="right" style=" white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>260,000</font></td>
<td style=" text-align: left; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: rgb(204, 238, 255);">
<td style=" text-align: justify; vertical-align: bottom; width: 90%;">Equipment</td>
<td style=" vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; vertical-align: bottom; white-space: nowrap; width: 8%;"> </td>
<td align="right" style=" white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>885,000</font></td>
<td style=" text-align: left; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: white;">
<td style=" text-align: justify; vertical-align: bottom; width: 90%;">Customer relationships</td>
<td style=" vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" border-bottom-color: black; border-bottom-width: 1pt; border-bottom-style: solid; text-align: left; vertical-align: bottom; white-space: nowrap; width: 8%;"> </td>
<td align="right" style=" border-bottom-color: black; border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>160,000</font></td>
<td style=" text-align: left; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: rgb(204, 238, 255);">
<td style=" text-align: justify; vertical-align: bottom; width: 90%;">Fair value of assets acquired</td>
<td style=" vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" border-bottom-color: black; border-bottom-width: 2.8px; border-bottom-style: double; white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom; text-align: left; width: 8%;">$</td>
<td align="right" style=" border-bottom-color: black; border-bottom-width: 2.8px; border-bottom-style: double; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>1,700,000</font></td>
<td style=" text-align: left; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
</table>
</div>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-indent: 0.5in;"> </p>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;"><strong>Goodwill</strong></p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0px; text-align: justify; text-indent: 0px; color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal;">Goodwill is tested for impairment on an annual basis or when an event or changes in circumstances indicate that its carrying value may not be recoverable. Goodwill impairment is tested at the reporting unit level, which is defined as an operating segment or one level below the operating segment. Goodwill impairment is tested in a two-step process, with the first step performed to determine if there is potential for impairment by comparing the fair value of the reporting unit to its carrying value. If potential impairment is identified as indicated by the carrying value exceeding the fair value of the reporting unit, the second step is performed to measure the amount of impairment to be recognized in the financial statements by comparing the implied fair value of goodwill to its carrying value. If the carrying value of goodwill exceeds its implied fair value, an impairment loss is recognized for the excess amount. Goodwill impairment testing involves significant judgment and estimates. The annual assessment of goodwill impairment was performed as of July 31, 2014 with no impairment noted.</p>
</div>
970000
781000
435000
95000
3100000
793000
204000
91000
123000
136000
99000
86000
13000
13000
486000
60000
60000
160000
23455
518600
700000
300000
181400
400000
395000
260000
885000
160000
136000
-522000
1700000
1750000
0.35
0.50
0.50
0.40
0.52
1683000
343000
1340000
43000
206000
55000
206000
206000
206000
54380000
100000000
93800000
106000
2315000
2451000
0.0430
40000000
42000000
15000
0
82000
18000
1320000
345000
40000
59000
19280000
1006000
1058000
16375000
17005000
21959000
300000
6619
11010
10995
13587
9040
10269
303000
200000
185000
176000
236000
196000
34721
657000
216000
P2Y
9300
100.00
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">Each <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">share of the Series B-2 Preferred Stock is convertible into common stock at a conversion price equal to the greater of (a) the then-market price of the Company's common stock based upon the closing price of the Company's common stock on the NASDAQ Stock Market, LLC or on such other principal market on which the Company's common stock may then be trading and (b)</font> $<font>15.00</font> <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">per share of common stock. Shares of the Series B-2 Preferred Stock may be converted into common stock (i) at any time prior to the redemption thereof, or (ii) in the event the Option Agreement (as defined below) is terminated without all of the shares of Series B-2 Preferred Stock having been redeemed, within</font> <font>30</font> <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">calendar days following such termination</font>.</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">quarterly</div>
50000
0.0875
20000
19900000
0
92000
82000
7236000
6419000
3691000
4124000
3849000
2972000
1143000
16011000
13597000
105433000
86210000
88088000
83419000
3638000
1800000
24270000
14845000
2084000
2041000
8114000
8002000
247638000
209914000
6363000
4784000
5839000
2325000
7539000
6280000
809000
717000
583000
569000
21133000
14675000
67771000
61563000
21792000
18540000
6282000
4483000
116978000
99261000
100.00
30000
0.01
0.01
14078077
140000
140000
89770000
88160000
23308000
19098000
5111000
255000
118329000
107653000
247638000
209914000
14016011
20000
30000
0.01
0.01
0
30000
0
19900000
50000
100.00
30000
0
98522000
79990000
61553000
4640000
4250000
4023000
300000
644000
252000
103462000
84884000
65828000
74325000
63607000
47300000
3073000
2601000
2418000
1400000
1333000
1037000
435000
95000
14336000
11850000
10517000
93569000
79486000
61272000
9893000
5398000
4556000
124000
508000
711000
739000
3138000
60000
85000
104000
348000
382000
64000
671000
2743000
572000
10564000
8141000
5128000
3573000
3235000
1978000
6991000
4906000
3150000
460000
262000
262000
6531000
4644000
2888000
0.46
0.36
0.26
0.46
0.36
0.26
0.17
0.15
0.13
14055000
12775000
11202000
14055000
12775000
11202000
1199000
-1764000
695000
5790000
479000
417000
265000
534000
-1341000
4856000
2777000
-1619000
11847000
7683000
1531000
11205241
112000
34863000
14980000
-903000
49052000
1470000
1470000
262000
262000
10269
947000
947000
10995
196000
196000
7500
6165
100000
100000
3150000
-1619000
11203180
112000
35714000
16398000
-2522000
49702000
1944000
1944000
262000
262000
43761
753000
753000
11010
236000
236000
4859
100000
100000
2775221
28000
51829000
51857000
4906000
2777000
14016011
140000
88160000
19098000
255000
2321000
2321000
262000
262000
40678
1116000
1116000
6619
176000
176000
4552
100000
100000
23455
518000
518000
6991000
4856000
14078077
140000
89770000
23308000
5111000
3516000
2403000
0.069
10000000
1728570
0.151
23450000
13450000
335000
6079000
2729000
165000
29.02
500000
4788000
3138000
9425000
5790000
795000
479000
692000
417000
4263000
2963000
112000
49000
1300000
0.070
0.035
0.35
0.50
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>9. Investment in Calavo Growers, Inc.</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">In June 2005, the Company entered into a stock purchase agreement with Calavo. Pursuant to this agreement, the Company purchased <font>1,000,000</font> shares, or approximately <font>6.9</font>%, of Calavo's common stock for $<font>10,000,000</font> and Calavo purchased <font>1,728,570</font> shares, or approximately <font>15.1</font>%, of the Company's common stock for $<font>23,450,000</font>. Under the terms of the agreement, the Company received net cash consideration of $<font>13,450,000</font>. The Company has classified its Calavo investment as available-for-sale. In fiscal year <font>2009</font>, the Company sold <font>335,000</font> shares of Calavo stock for a total of $<font>6,079,000</font>, recognizing a gain of $<font>2,729,000</font>.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">On April 11, 2013, the Company sold <font>165,000</font> shares of Calavo stock at a price of $<font>29.02</font> per share (the closing price on April 10, 2013). Calavo repurchased the shares pursuant to the <font>2005</font> stock repurchase agreement between the companies. Following the sale, the Company continues to own <font>500,000</font> shares of Calavo common stock. The net proceeds to the Company from the sale were $<font>4,788,000</font> and the Company recognized a gain of $<font>3,138,000</font>, which is included in other income in the consolidated statements of operations.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Additionally, changes in the fair value of the available-for-sale securities result in unrealized holding gains or losses for the remaining shares held by the Company. The Company recorded unrealized holding gains of $<font>9,425,000</font> ($<font>5,790,000</font> net of tax), $<font>795,000</font> ($<font>479,000</font> net of tax) and $<font>692,000</font> ($<font>417,000</font> net of tax) for the years ended October 31, 2014, 2013 and 2012, respectively.</p>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>10. Notes Receivable</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">In fiscal year 2004, the Company sold a parcel of land in Morro Bay, California. The sale was recognized under the installment method and the resulting gain on the sale of $<font>161,000</font> was deferred. In connection with the sale, the Company recorded a note receivable of $<font>4,263,000</font>. Principal of $<font>2,963,000</font> and interest was paid in April 2005 and $<font>112,000</font> of the deferred gain was recognized as income at that time. The remaining $<font>49,000</font> balance of the deferred gain is included in other long-term liabilities in the Company's consolidated balance sheets. The remaining principal balance of $<font>1,300,000</font> and the related accrued interest was initially payable in April 2009; however, the Company and the buyer of the Morro Bay land executed a note extension agreement in March 2009. Based on the terms of the note extension agreement, the remaining principal balance of $<font>1,300,000</font> and the related accrued interest was to be paid in full on April 1, 2014. During July 2011, the Company and the buyer agreed to extend the due date for the note from April 1, 2014 to April 1, 2020 and to convert the interest rate from a fixed rate of <font>7.0</font>% to a floating rate of <font>LIBOR</font> plus <font>3.5</font>% with a floor of <font>6.0</font>%. On April 1, 2014 the rate converted to a floating rate of <font>LIBOR</font> plus <font>3.5</font>% with <font>no</font> floor. The note is subordinate to bank financing and provides for repayment that is based on a percentage of net operating cash flows of the underlying avocado orchard as defined in the note, ranging from <font>35</font>% through 2014 and <font>50</font>% until fully repaid or any unpaid balance due and payable on the due date. Total principal and interest due is $<font>2,084,000</font> and $<font>2,024,000</font> at October 31, 2014 and 2013, respectively. Interest continues to accrue on the principal balance of the note and was $<font>60,000</font>, $<font>78,000</font> and $<font>78,000</font> in fiscal years 2014, 2013 and 2012, respectively.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">In February 2013, the Company received $<font>350,000</font> from the lessee of a retail facility owned by the Company for payment in full of a note receivable issued in connection with tenant improvements made to the property.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">In connection with the Company's stock grant program, the Company has notes receivable and accrued interest from certain employees of $<font>10,000</font> and $<font>17,000</font> at October 31, 2014 and 2013, respectively. Interest income recognized on employee notes receivable was insignificant in fiscal years 2014, 2013 and 2012, respectively.</p>
</div>
161000
60000
78000
78000
350000
10000
17000
49000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>11. Other Assets</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Other assets consist of the following at October 31:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<div class="CursorPointer">
<div>
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td> </td>
</tr>
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 80%; text-align: left; background-color: #CCEEFF;">Investments in mutual water companies</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; width: 10%; text-align: right; vertical-align: bottom; background-color: #CCEEFF;"><font>3,731,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; width: 10%; text-align: right; vertical-align: bottom; background-color: #CCEEFF;"><font>3,430,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Acquired water and mineral rights</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,536,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,536,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Deferred lease assets and other</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,282,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,522,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Revolving funds and memberships</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>355,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>358,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Acquired trade names and trademarks</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>530,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>476,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Goodwill</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>680,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>680,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>8,114,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>8,002,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><strong>Investments in Mutual Water Companies</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company's investments in various not-for-profit mutual water companies provide the Company with the right to receive a proportionate share of water from each of the not-for-profit mutual water companies that have been invested in and do not constitute voting shares and/or rights.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Acquired Water and Mineral Rights</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Acquired water and mineral rights are indefinite-life intangible assets not subject to amortization.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Deferred Lease Assets and Other</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">Deferred lease assets and other as of October 31, 2014 and 2013 includes</font> $<font>793,000</font> and $<font>1,034,000</font> of deferred rent assets, respectively, $<font>204,000</font> and $<font>142,000</font> of net deferred financing costs, respectively and $<font>91,000</font> and $<font>103,000</font> of prepaid lease amounts on pollination equipment, respectively.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">In addition, deferred lease assets and other as of October 31, 2014 and 2013 includes a patent for an agricultural variety with a carrying value of $<font>123,000</font> and $<font>136,000</font>, respectively, net of accumulated amortization of $<font>99,000</font> and $<font>86,000</font>, respectively. Amortization expense associated with the patent was $<font>13,000</font> for each of the fiscal years 2014, 2013 and 2012. The Company will amortize $<font>13,000</font> each year for fiscal years 2015 through 2019 related to its patent.</p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;"><strong>Revolving Funds and Memberships</strong></p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">Revolving funds and memberships represent the Company's investments in various cooperative associations.</p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;"><strong>Acquired Trade Names, Trademarks and Goodwill</strong></p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0px; text-align: justify; color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal;">The Company acquired $<font>486,000</font> of trade names and trademarks and $<font>680,000</font> of goodwill in its acquisition of Associated in September 2013. The Company amortized $<font>60,000</font> in fiscal year 2014 and will amortize $<font>60,000</font> each year for fiscal years 2015 through 2019 related to trade names and trademarks. Additionally, we acquired $<font>160,000</font> of customer relationships with the acquisition of the Yuma packinghouse, which are being amortized over five years.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td> </td>
</tr>
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 80%; text-align: left; background-color: #CCEEFF;">Investments in mutual water companies</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; width: 10%; text-align: right; vertical-align: bottom; background-color: #CCEEFF;"><font>3,731,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; width: 10%; text-align: right; vertical-align: bottom; background-color: #CCEEFF;"><font>3,430,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Acquired water and mineral rights</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,536,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,536,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Deferred lease assets and other</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,282,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,522,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Revolving funds and memberships</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>355,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>358,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Acquired trade names and trademarks</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>530,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>476,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Goodwill</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>680,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>680,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>8,114,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>8,002,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
3731000
1536000
1282000
355000
530000
680000
3430000
1536000
1522000
358000
476000
680000
13000
13000
60000
60000
60000
13000
13000
13000
13000
1034000
142000
103000
844000
640000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>12. Accrued Liabilities</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Accrued liabilities consist of the following at October 31:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<div class="CursorPointer">
<div>
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td> </td>
</tr>
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 80%; text-align: left; background-color: #CCEEFF;">Compensation</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 10%; vertical-align: bottom; white-space: nowrap; text-align: right; background-color: #CCEEFF;"><font>3,280,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 10%; vertical-align: bottom; white-space: nowrap; text-align: right; background-color: #CCEEFF;"><font>1,979,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Property taxes</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>500,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>469,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Income taxes</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>-</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,732,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Interest</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>235,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>208,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Deferred rental income and deposits</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>598,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>426,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Lease expense</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,458,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>546,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;">Lemon supplier payables</td>
<td style=" font-family : Times New Roman; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"><font>624,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"><font>280,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Other</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>844,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>640,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>7,539,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>6,280,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
</div>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td> </td>
</tr>
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 80%; text-align: left; background-color: #CCEEFF;">Compensation</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 10%; vertical-align: bottom; white-space: nowrap; text-align: right; background-color: #CCEEFF;"><font>3,280,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 10%; vertical-align: bottom; white-space: nowrap; text-align: right; background-color: #CCEEFF;"><font>1,979,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Property taxes</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>500,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>469,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Income taxes</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>-</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,732,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Interest</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>235,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>208,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Deferred rental income and deposits</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>598,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>426,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Lease expense</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,458,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>546,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;">Lemon supplier payables</td>
<td style=" font-family : Times New Roman; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"><font>624,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"><font>280,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Other</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>844,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>640,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>7,539,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>6,280,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
3280000
1979000
500000
469000
1732000
235000
208000
598000
426000
1458000
546000
0.0015
0.0180
0.0275
4756000
5262000
0.0275
492000
492000
0.0365
1475000
1975000
8000
23000
68354000
62132000
185000
583000
589000
605000
62737000
641000
3199000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><strong>13. Long-Term Debt</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Long-term debt is comprised of the <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">following at October 31:</font></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<div class="CursorPointer">
<div>
<table cellspacing="0" cellpadding="0" style=" font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; border-collapse: collapse; width: 100%;">
<tr>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; text-align: center;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; text-align: center;"><strong>2013</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="80%" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 84%; background-color: #CCEEFF;">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.2pt;">Rabobank revolving credit facility: the interest rate is variable based on the one-month London Interbank Offered Rate (LIBOR), which was <font>0.15</font>% at October 31, 2014, plus <font>1.80</font>%. Interest is payable monthly and the principal is due in full in June 2018.</p>
</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;">$</td>
<td width="10%" align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; width: 8%; vertical-align: bottom; text-align: right; white-space: nowrap; background-color: #CCEEFF;"><font>61,623,000</font></td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;">$</td>
<td width="10%" align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; width: 8%; vertical-align: bottom; text-align: right; white-space: nowrap; background-color: #CCEEFF;"><font>54,380,000</font></td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-indent: 9pt; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; text-align: left;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Farm Credit West term loan: the interest rate is variable and was <font>2.75</font>% at October 31, 2014. The loan is payable in quarterly installments through November 2022.</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>4,756,000</font></td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>5,262,000</font></td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-indent: 9pt; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; text-align: left;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Farm Credit West non-revolving line of credit: the interest rate is variable and was <font>2.75</font>% at October 31, 2014. Interest is payable monthly and the principal is due in full in May 2018.</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>492,000</font></td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>492,000</font></td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-indent: 9pt; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; text-align: left;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap;"> </td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap;"> </td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Farm Credit West term loan: the interest rate was fixed at <font>3.65</font>% until November 2014, and became variable for the remainder of the loan. The loan is payable in monthly installments through October 2035.</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,475,000</font></td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,975,000</font></td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-indent: 9pt; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; text-align: left;"> </td>
<td style=" text-indent: 9pt; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; text-align: left;"> </td>
<td style=" text-align: left; text-indent: 9pt; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" text-indent: 9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td align="right" style=" text-indent: 9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap;"> </td>
<td align="left" style=" text-indent: 9pt; font-family : Times New Roman; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td style=" text-align: left; text-indent: 9pt; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" text-indent: 9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td align="right" style=" text-indent: 9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap;"> </td>
<td align="left" style=" text-indent: 9pt; font-family : Times New Roman; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">CNH Capital loans: the interest rate is <font>zero</font> and the loans are payable in monthly installments through May and July 2015.</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td align="right" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>8,000</font></td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td align="right" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>23,000</font></td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Subtotal</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap;"><font>68,354,000</font></td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap;"><font>62,132,000</font></td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Less current portion</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td align="right" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>583,000</font></td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td align="right" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>569,000</font></td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Total long-term debt, less current portion</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" border-bottom: #000000 2.80pt double; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;">$</td>
<td align="right" style=" border-bottom: #000000 2.80pt double; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap;"><font>67,771,000</font></td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" border-bottom: #000000 2.80pt double; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;">$</td>
<td align="right" style=" border-bottom: #000000 2.80pt double; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap;"><font>61,563,000</font></td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;"> </td>
</tr>
</table>
</div>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">The Rabobank and Farm Credit West loans are secured by certain of the Company's agricultural properties and a portion of the equity interest in the Company's investments in certain mutual water companies.</p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">On March 31, 2014, the Company entered into a Third Amendment to the Amended and Restated Line of Credit Agreement dated December 15, 2008 in order to, among other things, release Rabobank's security interest in Teague McKevett Ranch, which is also known as East Area I real estate development project, in Ventura County, California, and grant Rabobank a security interest in certain of the Company's agricultural properties located in Ventura and Tulare Counties. The line of credit provides for maximum borrowings of $<font>100,000,000</font> and the borrowing capacity based on collateral value was $<font>93,800,000</font> at October 31, 2014. The Company paid debt financing costs of $<font>106,000</font> related to this amendment.</p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">Interest is capitalized on non-bearing orchards, real estate development projects and significant construction in progress. The Company capitalized interest of $<font>2,315,000</font> and $<font>2,451,000</font> during the year ended October 31, 2014 and 2013, respectively. Capitalized interest is included in property, plant and equipment and real estate development assets in the Company's consolidated balance sheets. </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company incurs certain loan fees and costs associated with its new or amended credit arrangements. Such costs are capitalized as deferred financing costs and amortized as interest expense using the straight-line method over the terms of the credit agreements. The balance of deferred financing costs is $<font>204,000</font>, net of amortization of $<font>185,000</font>, and is included in other assets on the Company's consolidated balance sheet at October 31, 2014. <font style=" font-size: 10pt;"> </font></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;">Principal payments on the Company's long-term debt are due as follows:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<div class="CursorPointer">
<div>
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 90%; text-align: left; background-color: #CCEEFF;">2015</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 10%; vertical-align: bottom; text-align: right; white-space: nowrap; background-color: #CCEEFF;"><font>583,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">2016</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>589,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">2017</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>605,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">2018</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>62,737,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">2019</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>641,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Thereafter</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>3,199,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>68,354,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
</div>
</div>
</div>
2018-05-30
2014-11
2022-11-30
2018-06-30
2015-07
2035-10-31
534000
528000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table cellspacing="0" cellpadding="0" style=" font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; border-collapse: collapse; width: 100%;">
<tr>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; text-align: center;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; text-align: center;"><strong>2013</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="80%" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 84%; background-color: #CCEEFF;">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.2pt;">Rabobank revolving credit facility: the interest rate is variable based on the one-month London Interbank Offered Rate (LIBOR), which was <font>0.15</font>% at October 31, 2014, plus <font>1.80</font>%. Interest is payable monthly and the principal is due in full in June 2018.</p>
</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;">$</td>
<td width="10%" align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; width: 8%; vertical-align: bottom; text-align: right; white-space: nowrap; background-color: #CCEEFF;"><font>61,623,000</font></td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;">$</td>
<td width="10%" align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; width: 8%; vertical-align: bottom; text-align: right; white-space: nowrap; background-color: #CCEEFF;"><font>54,380,000</font></td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-indent: 9pt; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; text-align: left;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Farm Credit West term loan: the interest rate is variable and was <font>2.75</font>% at October 31, 2014. The loan is payable in quarterly installments through November 2022.</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>4,756,000</font></td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>5,262,000</font></td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-indent: 9pt; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; text-align: left;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Farm Credit West non-revolving line of credit: the interest rate is variable and was <font>2.75</font>% at October 31, 2014. Interest is payable monthly and the principal is due in full in May 2018.</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>492,000</font></td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>492,000</font></td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-indent: 9pt; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; text-align: left;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap;"> </td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap;"> </td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Farm Credit West term loan: the interest rate was fixed at <font>3.65</font>% until November 2014, and became variable for the remainder of the loan. The loan is payable in monthly installments through October 2035.</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,475,000</font></td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,975,000</font></td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-indent: 9pt; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; text-align: left;"> </td>
<td style=" text-indent: 9pt; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; text-align: left;"> </td>
<td style=" text-align: left; text-indent: 9pt; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" text-indent: 9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td align="right" style=" text-indent: 9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap;"> </td>
<td align="left" style=" text-indent: 9pt; font-family : Times New Roman; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td style=" text-align: left; text-indent: 9pt; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; vertical-align: top; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" text-indent: 9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
<td align="right" style=" text-indent: 9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap;"> </td>
<td align="left" style=" text-indent: 9pt; font-family : Times New Roman; padding: 0px; vertical-align: bottom; font-size: 10pt; white-space: nowrap; padding-right: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">CNH Capital loans: the interest rate is <font>zero</font> and the loans are payable in monthly installments through May and July 2015.</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td align="right" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>8,000</font></td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td align="right" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>23,000</font></td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Subtotal</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap;"><font>68,354,000</font></td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;"> </td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap;"><font>62,132,000</font></td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Less current portion</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td align="right" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>583,000</font></td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td align="left" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
<td align="right" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>569,000</font></td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Total long-term debt, less current portion</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" border-bottom: #000000 2.80pt double; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;">$</td>
<td align="right" style=" border-bottom: #000000 2.80pt double; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap;"><font>67,771,000</font></td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-color: #000000; padding: 0px; font-size: 10pt; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="left" style=" border-bottom: #000000 2.80pt double; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;">$</td>
<td align="right" style=" border-bottom: #000000 2.80pt double; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap;"><font>61,563,000</font></td>
<td align="left" style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; vertical-align: bottom; white-space: nowrap; padding-right: 5px;"> </td>
</tr>
</table>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 90%; text-align: left; background-color: #CCEEFF;">2015</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 10%; vertical-align: bottom; text-align: right; white-space: nowrap; background-color: #CCEEFF;"><font>583,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">2016</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>589,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">2017</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>605,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">2018</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>62,737,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">2019</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>641,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Thereafter</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>3,199,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>68,354,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
1232000
1135000
989000
1320000
74000
78000
1425000
1266000
1410000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>14. Derivative Instruments and Hedging Activities</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Derivative financial instruments consist of the following at October 31:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<div class="CursorPointer">
<div>
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="6" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>Notional Amount</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td colspan="6" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>Fair Value Liability</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td> </td>
</tr>
<tr>
<td width="68%" align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 60%; text-align: left;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" width="8%" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; padding-right: 10px; width: 10%; white-space: nowrap; vertical-align: bottom; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td colspan="2" align="center" width="8%" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; padding-right: 10px; width: 10%; white-space: nowrap; vertical-align: bottom; text-align: center;"><strong>2013</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td colspan="2" align="center" width="8%" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; padding-right: 10px; width: 10%; white-space: nowrap; vertical-align: bottom; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td colspan="2" align="center" width="8%" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; padding-right: 10px; width: 10%; white-space: nowrap; vertical-align: bottom; text-align: center;"><strong>2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Pay fixed-rate, receive floating-rate forward interest rate swap, beginning July 2013 until <font>June 2018</font></td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>40,000,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>40,000,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,782,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>2,240,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">In November 2011, the Company entered into a forward interest rate swap agreement with Rabobank International, Utrecht to fix the interest rate at <font>4.30</font>% on $<font>40,000,000</font> of its outstanding borrowings under the Rabobank line of credit beginning July 2013 until June 2018. This interest rate swap qualifies as a cash flow hedge and is accounted for as a hedge under the short-cut method. Therefore, the fair value liability is included in fair value of derivative instruments, other long-term liabilities and related accumulated other comprehensive income in the accompanying consolidated balance sheet.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">The Company's previous interest rate swap, which had a notional amount of<font class="Apple-converted-space"> </font></font>$<font>42,000,000</font> <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">and expired June 2013, did not qualify for hedge accounting. Therefore, mark to market adjustments to the underlying fair value net liability and amortization of the accumulated other comprehensive loss balance resulted in non-cash interest income of</font> $<font>711,000</font> and $<font>739,000</font> <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">in fiscal years 2013 and 2012, respectively</font>.</p>
</div>
</div>
40000000
1782000
2240000
2013-07
2018-06
711000
739000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="6" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>Notional Amount</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td colspan="6" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>Fair Value Liability</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td> </td>
</tr>
<tr>
<td width="68%" align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 60%; text-align: left;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" width="8%" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; padding-right: 10px; width: 10%; white-space: nowrap; vertical-align: bottom; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td colspan="2" align="center" width="8%" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; padding-right: 10px; width: 10%; white-space: nowrap; vertical-align: bottom; text-align: center;"><strong>2013</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td colspan="2" align="center" width="8%" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; padding-right: 10px; width: 10%; white-space: nowrap; vertical-align: bottom; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td colspan="2" align="center" width="8%" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; padding-right: 10px; width: 10%; white-space: nowrap; vertical-align: bottom; text-align: center;"><strong>2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Pay fixed-rate, receive floating-rate forward interest rate swap, beginning July 2013 until <font>June 2018</font></td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>40,000,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>40,000,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,782,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>2,240,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
561000
177000
26000
350000
432000
366000
7374000
11683000
9456000
0
242000
189000
277000
271000
265000
658000
2418000
1316000
1583000
1101000
1815000
592000
240000
200
0.20
1200
6805000
112000
194000
119000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>15. Related-Party Transactions</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company rents certain of its residential housing assets to employees on a month-to-month basis. The Company recorded $<font>561,000</font>, $<font>534,000</font> and $<font>528,000</font> of rental income from employees in fiscal years 2014, 2013 and 2012, respectively. There were no rental payments due from employees at October 31, 2014 and 2013.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company has representation on the boards of directors of the mutual water companies in which the Company has investments. The Company recorded capital contributions and purchased water and water delivery services from such mutual water companies, in aggregate, of $<font>1,232,000</font>, $<font>1,135,000</font> and $<font>989,000</font> in fiscal years 2014, 2013 and 2012, respectively. Capital contributions are included in other assets in the Company's consolidated balance sheets and purchased water and water delivery services are included in agribusiness expense in the Company's consolidated statements of operations. Additionally, the Company purchased a $<font>1,320,000</font> investment in a mutual water company with the acquisition of Lemons 400 in October 2013, which is included in other assets in the Company's consolidated balance sheet at October 31, 2013. Water payments due to the mutual water companies were, in aggregate, $<font>74,000</font> and $<font>78,000</font> at October 31, 2014 and 2013, respectively.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company has representation on the board of directors of a non-profit cooperative association that provides pest control services for the agricultural industry. The Company purchased services and supplies of $<font>1,425,000</font>, $<font>1,266,000</font> and $<font>1,410,000</font> from the association in fiscal years 2014, 2013 and 2012, respectively. Such amounts are included in agribusiness expense in the Company's consolidated statements of operations. Payments due to the cooperative were $<font>177,000</font> and $<font>26,000</font> at October 31, 2014 and 2013, respectively.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company recorded dividend income of $<font>350,000</font>, $<font>432,000</font> and $<font>366,000</font> in fiscal years 2014, 2013 and 2012, respectively, on its investment in Calavo, which is included in other income, net, in the Company's consolidated statements of operations. The Company had $<font>7,374,000</font>, $<font>11,683,000</font> and $<font>9,456,000</font> in avocado sales to Calavo in fiscal years 2014, 2013 and 2012, respectively. Additionally, the Company had <font>zero</font>, $<font>242,000</font> and $<font>189,000</font> in lemon sales to Calavo in fiscal years 2014, 2013 and 2012, respectively. Such amounts are included in agribusiness revenues in the Company's consolidated statements of operations. The Company leases office space to Calavo and received rental income of $<font>277,000</font>, $<font>271,000</font>, and $<font>265,000</font> in fiscal years 2014, 2013 and 2012, respectively. Such amounts are included in rental revenues in the Company's consolidated statements of operations. No amounts were receivable by the Company from Calavo at October 31, 2014 or 2013. The Company purchased $<font>658,000</font>, $<font>2,418,000</font> and $<font>1,316,000</font> of packed avocados and lemons to sell from Calavo in fiscal years 2014, 2013 and 2012, respectively. No amounts were due to Calavo at October 31, 2014 and 2013, respectively.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Certain members of the Company's Board of Directors market lemons through Limoneira Company pursuant to its customary marketing agreements. During fiscal years 2014, 2013 and 2012 the aggregate amount of lemons procured from entities owned or controlled by members of the Board of Directors was $<font>1,583,000</font>, $<font>1,101,000</font> and $<font>1,815,000</font>, respectively, which is included in agribusiness expense in the Company's consolidated statements of operations. Payments due to these Board members were $<font>592,000</font>, and $<font>240,000</font> at October 31, 2014 and 2013, respectively.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;">On July 1, 2013, the Company and Cadiz Real Estate, LLC (“Cadiz”), a wholly owned subsidiary of Cadiz, Inc., entered into a long-term lease agreement (the “Lease”) for a minimum of 320 acres, with an option to lease up to an additional 640 acres, located within 9,600 zoned agricultural acres owned by Cadiz in eastern San Bernardino County, California. The initial term of the Lease runs for <font>20</font> years and the annual base rental will be equal to the sum of $<font>200</font> per planted acre and <font>20</font>% of gross revenues from the sale of harvested lemons (less operating expenses) and will not exceed $<font>1,200</font> per acre per <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">year. During fiscal years 2014 and 2013, $<font>15,000</font> and <font>zero</font> of lease expense was incurred in connection with this lease. A member of the Company's Board of Directors serves as the CEO, President and a member of the board of directors of Cadiz, Inc. Additionally, this board member is an attorney with a law firm that provided services of $<font>82,000</font> and $<font>18,000</font> to the Company during the years ended October 31, 2014 and 2013, respectively</font>.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;">The Company has representation on the board of directors of Colorado River Growers, Inc. (“CRG”), a non-profit cooperative association of fruit growers engaged in the agricultural harvesting and marketing business in Yuma County, Arizona. The Company paid <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">harvest and third-party grower expense to CRG of<font class="Apple-converted-space"> </font></font>$<font>6,805,000</font> <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">for the year ended October 31 2014 and $<font>1,320,000</font> from the acquisition date to October 31, 2013. Such</font> amounts are included in agribusiness expense in the Company's <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">consolidated financial statements. Additionally, Associated provided harvest management and administrative services to CRG in the amount of $<font>345,000</font> during the year ended October 31, 2014 and</font> $<font>112,000</font> <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">from the acquisition date to October 31, 2013 respectively. Such amounts are included in agribusiness revenues in the Company's consolidated financial statements. There was $<font>40,000</font> and</font> $<font>194,000</font> <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">due to Associated from CRG at October 31, 2014 and October 31, 2013, respectively, which is included in accounts receivable in the Company's consolidated balance sheets</font>.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">Company has representation on the board of directors of Yuma Mesa Irrigation and Drainage District. The Company purchased water in the amount of</font> $<font>119,000</font> <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">and $<font>59,000</font> during fiscal years 2014 and 2013, respectively and this amount is included in agribusiness expenses in the consolidated statements of operations. There were no amounts that were due to the district at October 31, 2014 or 2013, respectively</font>.</p>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom;">
<td width="100%" style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; padding-right: 8px;"><strong> </strong></td>
<td colspan="2" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center;"><strong style=" margin: 0pt; text-align: center;">2014</strong></td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; text-align: center;"> </td>
<td colspan="2" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center;"><strong style=" margin: 0pt; text-align: center;">2013</strong></td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; text-align: center;"> </td>
<td colspan="2" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center;"><strong style=" margin: 0pt; text-align: center;">2012</strong></td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" font-family : Times New Roman; vertical-align: bottom; background-color: rgb(204, 238, 255);">Current:</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-indent: 9.9pt; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Federal</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td align="left" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(2,820,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="left" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(3,589,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="left" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(535,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-indent: 9.9pt; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">State</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>(882,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; background-color: rgb(204, 238, 255); padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>(856,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; background-color: rgb(204, 238, 255); padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>(327,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; background-color: rgb(204, 238, 255); padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Total current provision</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(3,702,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(4,445,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(862,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" vertical-align: bottom; text-align: left; font-family : Times New Roman; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" vertical-align: bottom; text-align: left; font-family : Times New Roman; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" vertical-align: bottom; text-align: left; font-family : Times New Roman; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" vertical-align: bottom; text-align: left; font-family : Times New Roman; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" font-family : Times New Roman; vertical-align: bottom;">Deferred:</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-indent: 9.9pt; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Federal</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>80,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>1,084,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>(968,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; background-color: rgb(204, 238, 255); padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-indent: 9.9pt; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">State</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>49,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>126,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(148,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Total deferred provision</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>129,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>1,210,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>(1,116,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; background-color: rgb(204, 238, 255); padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Total provision</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td align="left" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td align="right" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(3,573,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="left" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td align="right" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(3,235,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="left" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td align="right" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(1,978,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
</tr>
</table>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td align="left" style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 84%; text-align: left;"> </td>
<td style=" font-family : Times New Roman;"> </td>
<td colspan="2" align="center" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; width: 8%; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; text-align: center;"> </td>
<td colspan="2" align="center" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; width: 8%; text-align: center;"><strong>2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Current deferred income tax assets (liabilities):</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-indent: 9.9pt; background-color: #CCEEFF;">Labor accruals</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; text-align: right; white-space: nowrap; background-color: #CCEEFF;"><font>250,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; text-align: right; white-space: nowrap; background-color: #CCEEFF;"><font>211,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-indent: 9.9pt;">Property taxes</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(181,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(176,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-indent: 9.9pt; background-color: #CCEEFF;">State income taxes</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>288,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>240,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-indent: 9.9pt;">Prepaid insurance and other</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>394,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>233,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Net current deferred income tax assets</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>751,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>508,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" vertical-align: top; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Noncurrent deferred income tax (liabilities) assets:</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Depreciation</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(5,678,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(5,878,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Amortization</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>332,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>366,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Impairments of real estate development assets</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>3,145,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>3,019,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Derivative instruments</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>382,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>892,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Minimum pension liability adjustment</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,945,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,707,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Unrealized net gain on Calavo investment</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(7,564,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(3,918,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Book and tax basis difference of acquired assets</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(14,093,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(14,180,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Other</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(261,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(548,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Net noncurrent deferred income tax liabilities</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(21,792,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(18,540,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Net deferred income tax liabilities</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(21,041,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(18,032,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
</tr>
</table>
</div>
2820000
3589000
535000
882000
856000
327000
3702000
4445000
862000
-80000
-1084000
968000
-49000
-126000
148000
-129000
-1210000
1116000
250000
211000
181000
176000
288000
240000
394000
233000
751000
508000
5678000
5878000
332000
366000
3145000
3019000
382000
892000
1945000
1707000
7564000
3918000
14093000
14180000
261000
548000
21041000
18032000
1770000
3587000
0.340
2768000
0.340
1744000
0.340
552000
0.052
509000
0.062
314000
0.061
83000
-0.008
103000
-0.013
87000
-0.017
461000
-0.044
175000
-0.021
161000
-0.031
-22000
-0.002
236000
0.029
168000
0.033
0.338
0.397
0.386
-2905000
9077000
7191000
4123000
4286000
-4954000
-2905000
-2667000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>16. Income Taxes</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The components of the provisions for income taxes for fiscal years 2014, 2013 and 2012 are as follows:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<div class="CursorPointer">
<div>
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom;">
<td width="100%" style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; padding-right: 8px;"><strong> </strong></td>
<td colspan="2" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center;"><strong style=" margin: 0pt; text-align: center;">2014</strong></td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; text-align: center;"> </td>
<td colspan="2" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center;"><strong style=" margin: 0pt; text-align: center;">2013</strong></td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; text-align: center;"> </td>
<td colspan="2" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center;"><strong style=" margin: 0pt; text-align: center;">2012</strong></td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" font-family : Times New Roman; vertical-align: bottom; background-color: rgb(204, 238, 255);">Current:</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-indent: 9.9pt; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Federal</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td align="left" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(2,820,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="left" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(3,589,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="left" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(535,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-indent: 9.9pt; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">State</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>(882,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; background-color: rgb(204, 238, 255); padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>(856,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; background-color: rgb(204, 238, 255); padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>(327,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; background-color: rgb(204, 238, 255); padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Total current provision</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(3,702,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(4,445,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(862,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" vertical-align: bottom; text-align: left; font-family : Times New Roman; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" vertical-align: bottom; text-align: left; font-family : Times New Roman; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" vertical-align: bottom; text-align: left; font-family : Times New Roman; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" vertical-align: bottom; text-align: left; font-family : Times New Roman; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" font-family : Times New Roman; vertical-align: bottom;">Deferred:</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-indent: 9.9pt; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Federal</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>80,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>1,084,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>(968,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; background-color: rgb(204, 238, 255); padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-indent: 9.9pt; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">State</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>49,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>126,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(148,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Total deferred provision</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>129,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>1,210,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>(1,116,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; background-color: rgb(204, 238, 255); padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Total provision</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td align="left" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td align="right" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(3,573,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="left" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td align="right" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(3,235,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="left" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td align="right" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(1,978,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
</tr>
</table>
</div>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The income tax provision differs from the amount which would result from the statutory federal income tax rate primarily as a result of dividend exclusions, the domestic production activities deduction and state income taxes.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Deferred income taxes reflect the net of temporary differences between the carrying amount of the assets and liabilities for financial reporting and income tax purposes. The components of deferred income tax assets (liabilities) at October 31, 2014 and 2013 are as follows:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<div class="CursorPointer">
<div>
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td align="left" style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 84%; text-align: left;"> </td>
<td style=" font-family : Times New Roman;"> </td>
<td colspan="2" align="center" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; width: 8%; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; text-align: center;"> </td>
<td colspan="2" align="center" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; width: 8%; text-align: center;"><strong>2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Current deferred income tax assets (liabilities):</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-indent: 9.9pt; background-color: #CCEEFF;">Labor accruals</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; text-align: right; white-space: nowrap; background-color: #CCEEFF;"><font>250,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; text-align: right; white-space: nowrap; background-color: #CCEEFF;"><font>211,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-indent: 9.9pt;">Property taxes</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(181,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(176,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-indent: 9.9pt; background-color: #CCEEFF;">State income taxes</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>288,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>240,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-indent: 9.9pt;">Prepaid insurance and other</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>394,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>233,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Net current deferred income tax assets</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>751,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>508,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" vertical-align: top; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Noncurrent deferred income tax (liabilities) assets:</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Depreciation</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(5,678,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(5,878,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Amortization</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>332,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>366,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Impairments of real estate development assets</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>3,145,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>3,019,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Derivative instruments</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>382,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>892,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Minimum pension liability adjustment</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,945,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,707,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Unrealized net gain on Calavo investment</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(7,564,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(3,918,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Book and tax basis difference of acquired assets</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(14,093,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(14,180,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Other</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(261,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(548,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Net noncurrent deferred income tax liabilities</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(21,792,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(18,540,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Net deferred income tax liabilities</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(21,041,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(18,032,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
</tr>
</table>
</div>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The net current deferred income tax assets are included in prepaid expenses and other current assets in the Company's consolidated balance sheets at October 31, 2014 and 2013.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">At October 31, 2014, the Company had federal and state operating loss carry-forwards of approximately $<font>1,770,000</font>. The state loss carry-forwards will begin to expire in <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">fiscal year 2015, unless previously utilized. A valuation allowance of approximately ($<font>28,000</font>) has been established as of October 31, 2014 to offset the state NOL that is expected to expire unused</font>.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The income tax provision differs from that computed using the federal statutory rate applied to income before taxes as follows for fiscal years 2014, 2013, and 2012</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<div class="CursorPointer">
<div>
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="6" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="6" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>2013</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="6" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>2012</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman; width: 55%;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 10%; text-align: center;"><strong>Amount</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 5%; text-align: center;"><strong>%</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 10%; text-align: center;"><strong>Amount</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 5%; text-align: center;"><strong>%</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 10%; text-align: center;"><strong>Amount</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 5%; text-align: center;"><strong>%</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Provision at statutory rates</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(3,587,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(34.0</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)%</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(2,768,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(34.0</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)%</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(1,744,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(34.0</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)%</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">State income tax, net of federal benefit</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(552,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(5.2</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)%</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(509,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(6.2</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)%</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(314,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(6.1</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)%</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Dividend exclusion</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>83,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>0.8</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">%</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>103,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1.3</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">%</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>87,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1.7</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">%</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Production deduction</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>461,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>4.4</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">%</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>175,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>2.1</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">%</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>161,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>3.1</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">%</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Other permanent items</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>22,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>0.2</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">%</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(236,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(2.9</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)%</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(168,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(3.3</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)%</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Total income tax provision</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(3,573,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(33.8</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)%</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(3,235,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(39.7</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)%</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(1,978,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(38.6</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)%</td>
</tr>
</table>
</div>
</div>
<div class="CursorPointer"></div>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">The Company recognizes excess tax deductions associated with the vesting of stock grants directly to stockholders' equity when realized.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">At October 31, 2014 and 2013, the Company had no unrecognized tax benefits. The Company reports accrued interest and penalties related to unrecognized tax benefits in income tax expense. The Company does not expect the unrecognized tax benefits to change significantly over the next 12 months.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;">  </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company files income tax returns in the U.S., California and Arizona. The Company is no longer subject to significant U.S. and state income tax examinations for years prior to the statutory periods of three years for federal and four years for state tax jurisdictions. The Company recognizes interest expense and penalties related to income tax matters as a component of income tax expense. There was no accrued interest or penalties associated with uncertain tax positions as of October 31, 2014.</p>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="6" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="6" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>2013</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="6" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>2012</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman; width: 55%;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 10%; text-align: center;"><strong>Amount</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 5%; text-align: center;"><strong>%</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 10%; text-align: center;"><strong>Amount</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 5%; text-align: center;"><strong>%</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 10%; text-align: center;"><strong>Amount</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 5%; text-align: center;"><strong>%</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Provision at statutory rates</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(3,587,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(34.0</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)%</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(2,768,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(34.0</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)%</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(1,744,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(34.0</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)%</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">State income tax, net of federal benefit</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(552,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(5.2</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)%</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(509,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(6.2</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)%</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(314,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(6.1</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)%</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Dividend exclusion</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>83,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>0.8</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">%</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>103,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1.3</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">%</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>87,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1.7</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">%</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Production deduction</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>461,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>4.4</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">%</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>175,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>2.1</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">%</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>161,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>3.1</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">%</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Other permanent items</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>22,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>0.2</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">%</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(236,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(2.9</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)%</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(168,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(3.3</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)%</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Total income tax provision</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(3,573,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(33.8</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)%</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(3,235,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(39.7</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)%</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(1,978,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(38.6</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)%</td>
</tr>
</table>
</div>
2905000
-4954000
1901000
781000
1030000
1886000
-2931000
2549000
-1973000
-984000
984000
0.0400
0.0440
0.0440
0.0360
0.0700
0.0700
21959000
19280000
500000
1080000
1118000
1170000
1203000
1228000
6342000
12141000
527000
527000
1360000
1360000
15118000
15118000
1887000
15118000
0.04
1.00
0.04
0.20
647000
615000
517000
500000
1252000
0.35
0.40
0.10
0.15
0.47
0.03
135000
166000
820000
721000
1073000
959000
-781000
-1030000
14560000
1136000
1621000
500000
1252000
-4954000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>17. Retirement Plans</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Limoneira Company Retirement Plan (the “Plan”) is a noncontributory, defined benefit, single employer pension plan, which provides retirement benefits for all eligible employees. Benefits paid by the Plan are calculated based on years of service, highest five-year average earnings, primary Social Security benefit and retirement age. Effective June 2004, the Company froze the Plan and no additional benefits accrued to participants subsequent to that date. The Plan is administered by City National Bank and Mercer Human Resource Consulting.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Plan is funded consistent with the funding requirements of federal law and regulations. There were funding contributions of $<font>500,000</font> and $<font>1,252,000</font> for fiscal years 2014 and 2013, respectively. <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">Plan assets are invested in a group trust consisting primarily of pooled funds, mutual funds, short-term investment funds and cash</font>.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The investment policy and strategy has been established to provide a total investment return that will, over time, maintain purchasing power parity for the Plan's variable benefits and keep the Plan funding at a reasonable level. The long-term target asset allocation ranges are as follows: Domestic Equity <font>35</font>%-<font>40</font>%; International Equity <font>10</font>%-<font>15</font>%; Fixed Income <font>47</font>% and Cash <font>3</font>%.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The following tables set forth the Plan's net periodic cost, changes in benefit obligation and Plan assets, funded status, amounts recognized in the Company's consolidated balance sheets, additional year-end information and assumptions used in determining the benefit obligations and net periodic benefit cost.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The components of net periodic benefit cost for the Plan for fiscal years 2014 and 2013 were as follows:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<div class="CursorPointer">
<div>
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: left; width: 80%; background-color: #CCEEFF;">Service cost</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; white-space: nowrap; vertical-align: bottom; background-color: #CCEEFF;"><font>135,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; white-space: nowrap; vertical-align: bottom; background-color: #CCEEFF;"><font>166,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Interest cost</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>820,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>721,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Expected return on plan assets</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(1,073,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(959,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Recognized actuarial loss</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>781,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,030,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Net periodic benefit cost</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>663,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>958,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Following is a summary of the Plan's funded status as of October 31:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<div class="CursorPointer">
<div>
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; text-align: center;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; text-align: center;"><strong>2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Change in benefit obligation:</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td align="left" style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: left; width: 80%;">Benefit obligation at beginning of year</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; white-space: nowrap; vertical-align: bottom;"><font>19,280,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; white-space: nowrap; vertical-align: bottom;"><font>20,690,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Service cost</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>135,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>166,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Interest cost</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>820,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>721,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Benefits paid</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(1,006,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(1,058,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Actuarial loss (gain)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>2,730,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(1,239,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Benefit obligation at end of year</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>21,959,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>19,280,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" vertical-align: top; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Change in plan assets:</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Fair value of plan assets at beginning of year</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>16,375,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>14,560,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Actual return on plan assets</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,136,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,621,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Employer contributions</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>500,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,252,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Benefits paid</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(1,006,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(1,058,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Fair value of plan assets at end of year</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>17,005,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>16,375,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" vertical-align: top; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Reconciliation of funded status:</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Fair value of plan assets</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>17,005,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>16,375,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Benefit obligations</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>21,959,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>19,280,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Net plan obligations</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(4,954,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(2,905,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" vertical-align: top; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Amounts recognized in statements of financial position:</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Noncurrent assets</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Current liabilities</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Noncurrent liabilities</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(4,954,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(2,905,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Net obligation recognized in statements of financial position</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(4,954,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(2,905,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" vertical-align: top; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Reconciliation of amounts recognized in statements of financial position:</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Accumulated other comprehensive loss</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(9,077,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(7,191,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Accumulated contributions in excess of net periodic benefit cost</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>4,123,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>4,286,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Net deficit recognized in statements of financial position</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(4,954,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(2,905,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
</tr>
</table>
</div>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Presented below are changes in accumulated other comprehensive income, before tax, in the Plan as of October 31:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"> </p>
<div class="CursorPointer">
<div>
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-style: none none solid; border-bottom-width: 1pt; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" font-family : Times New Roman; border-style: none none solid; border-bottom-width: 1pt; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center;"><strong style=" margin: 0pt;">2014</strong></td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-style: none none solid; border-bottom-width: 1pt; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center;"><strong style=" margin: 0pt; text-align: center;">2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Changes recognized in other comprehensive income:</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-indent: 9.9pt; font-family : Times New Roman; border: none rgb(0, 0, 0); text-align: left; vertical-align: bottom;">Net loss (gain) arising during the year</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td align="left" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td valign="bottom" align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>2,667,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="left" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td valign="bottom" align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(1,901,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Amortization or settlement recognition of net loss</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>(781,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; background-color: rgb(204, 238, 255); padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>(1,030,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; background-color: rgb(204, 238, 255); padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Total recognized in other comprehensive loss (income)</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td align="left" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td align="right" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>1,886,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="left" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td align="right" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(2,931,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-indent: 19.8pt; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; text-align: left; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" vertical-align: bottom; text-align: left; font-family : Times New Roman; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" vertical-align: bottom; text-align: left; font-family : Times New Roman; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Total recognized in net periodic benefit and other comprehensive loss (income)</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td align="left" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>2,549,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td align="left" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(1,973,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
</tr>
</table>
</div>
</div>
<div class="CursorPointer"></div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Presented below is the October 31 year-ended estimated amount that will be amortized from accumulated other comprehensive income over the next fiscal year:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<div class="CursorPointer">
<div>
<table cellpadding="0" cellspacing="0" align="center" style=" font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 97%; border-collapse: collapse;">
<tr style=" vertical-align: bottom;">
<td style=" text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>2014</strong></td>
<td style=" text-indent: 0; font-family : Times New Roman; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: left; width: 90%; background-color: #CCEEFF;">Initial net asset (obligation)</td>
<td style=" text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" style=" text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; text-indent: 0; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Prior service credit (cost)</td>
<td style=" text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; text-indent: 0; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Net loss</td>
<td style=" text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>984,000</font></td>
<td style=" text-align: left; text-indent: 0; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Total</td>
<td style=" text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>984,000</font></td>
<td style=" text-align: left; text-indent: 0; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
</tr>
</table>
</div>
</div>
<div class="CursorPointer"></div>
<div class="CursorPointer"></div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;">The following assumptions as of October 31, were used in determining benefit obligations and net periodic benefit cost:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"> </p>
<div class="CursorPointer">
<div>
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; text-align: center;"><strong>2014</strong></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px;"> </td>
<td style=" font-family : Times New Roman;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; text-align: center;"><strong>2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Weighted-average assumptions used to determine benefit obligations:</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td align="left" style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: left; width: 80%;">Discount rate</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; white-space: nowrap; vertical-align: bottom;"><font>4.00</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">%</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; white-space: nowrap; vertical-align: bottom;"><font>4.40</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">%</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-indent: 19.8pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; text-align: left; background-color: #CCEEFF;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" vertical-align: top; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Assumptions used to determine net periodic benefit cost:</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Discount rate</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>4.40</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">%</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>3.60</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">%</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Expected return on plan assets</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>7.00</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">%</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>7.00</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">%</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-indent: 19.8pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; text-align: left; background-color: #CCEEFF;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" vertical-align: top; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Additional year-end information:</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Projected benefit obligation</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>21,959,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>19,280,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Accumulated benefit obligation</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>21,959,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>19,280,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Fair value of plan assets</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>17,005,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>16,375,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company expects to contribute $<font>500,000</font> to the Plan in fiscal year 2015. Additionally, benefit payments are expected to be paid during the following fiscal years:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<div class="CursorPointer">
<div>
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: left; width: 90%; background-color: #CCEEFF;"><font><font>2015</font></font></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;"><font>$</font></td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; white-space: nowrap; vertical-align: bottom; background-color: #CCEEFF;"><font><font>1,080,000</font></font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font><font>2016</font></font></td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font><font>1,118,000</font></font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"><font><font>2017</font></font></td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font><font>1,170,000</font></font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font><font>2018</font></font></td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font><font>1,203,000</font></font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"><font><font>2019</font></font></td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font><font>1,228,000</font></font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font><font>2020</font>-<font>2024</font></font></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font><font>6,342,000</font></font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;"><font>$</font></td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font><font>12,141,000</font></font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
</div>
<div class="CursorPointer"></div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The following table sets forth the Plan's assets as of October 31, 2014, segregated by level using the hierarchy established by FASB ASC 820, <em>Fair Value Measurements and Disclosures</em>:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in;"> </p>
<div class="CursorPointer">
<div>
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Level 1</strong></td>
<td style=" font-family : Times New Roman; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Level 2</strong></td>
<td style=" font-family : Times New Roman; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Level 3</strong></td>
<td style=" font-family : Times New Roman; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Total</strong></td>
<td style=" font-family : Times New Roman; padding: 0px;"> </td>
</tr>
<tr>
<td style=" font-family : Times New Roman; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td colspan="2" style=" text-align: center; font-family : Times New Roman; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td colspan="2" style=" text-align: center; font-family : Times New Roman; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td colspan="2" style=" text-align: center; font-family : Times New Roman; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td colspan="2" style=" text-align: center; font-family : Times New Roman; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: left; width: 60%; background-color: #CCEEFF;">Cash and cash equivalents</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td width="9%" align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; white-space: nowrap; vertical-align: bottom; background-color: #CCEEFF;"><font>527,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td width="9%" align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td width="9%" align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td width="9%" align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; white-space: nowrap; vertical-align: bottom; background-color: #CCEEFF;"><font>527,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Mutual funds</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,360,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,360,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Pooled funds</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; background-color: #CCEEFF;"><font>15,118,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>15,118,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,887,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>15,118,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>17,005,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
</table>
</div>
</div>
<div class="CursorPointer"></div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company has a 401(k) plan in which it contributes an amount equal to <font>4</font>% of an eligible employee's annual earnings beginning after one year of employment. Employees may elect to defer up to <font>100</font>% of their annual earnings subject to Internal Revenue Code limits. The Company makes an additional matching contribution on these deferrals up to <font>4</font>% of the employee's annual earnings. Employees are <font>100</font>% vested in the Company's contribution after <font>six</font> years of employment. Participants vest in any matching contribution at a rate of <font>20</font>% per year beginning after <font>one</font> year of employment. During fiscal years 2014, 2013, and 2012, the Company contributed to the plan and recognized expenses of $<font>647,000</font>, $<font>615,000</font>, and $<font>517,000</font>, respectively.</p>
</div>
</div>
663000
958000
20690000
-2730000
1239000
-2905000
4954000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: left; width: 80%; background-color: #CCEEFF;">Service cost</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; white-space: nowrap; vertical-align: bottom; background-color: #CCEEFF;"><font>135,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; white-space: nowrap; vertical-align: bottom; background-color: #CCEEFF;"><font>166,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Interest cost</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>820,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>721,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Expected return on plan assets</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(1,073,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(959,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Recognized actuarial loss</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>781,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,030,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Net periodic benefit cost</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>663,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>958,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; text-align: center;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; text-align: center;"><strong>2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Change in benefit obligation:</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td align="left" style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: left; width: 80%;">Benefit obligation at beginning of year</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; white-space: nowrap; vertical-align: bottom;"><font>19,280,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; white-space: nowrap; vertical-align: bottom;"><font>20,690,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Service cost</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>135,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>166,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Interest cost</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>820,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>721,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Benefits paid</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(1,006,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(1,058,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Actuarial loss (gain)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>2,730,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(1,239,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Benefit obligation at end of year</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>21,959,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>19,280,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" vertical-align: top; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Change in plan assets:</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Fair value of plan assets at beginning of year</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>16,375,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>14,560,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Actual return on plan assets</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,136,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,621,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Employer contributions</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>500,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,252,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Benefits paid</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(1,006,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(1,058,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Fair value of plan assets at end of year</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>17,005,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>16,375,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" vertical-align: top; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Reconciliation of funded status:</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Fair value of plan assets</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>17,005,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>16,375,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Benefit obligations</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>21,959,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>19,280,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Net plan obligations</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(4,954,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(2,905,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" vertical-align: top; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Amounts recognized in statements of financial position:</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Noncurrent assets</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Current liabilities</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Noncurrent liabilities</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(4,954,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(2,905,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Net obligation recognized in statements of financial position</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(4,954,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(2,905,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" vertical-align: top; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Reconciliation of amounts recognized in statements of financial position:</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Accumulated other comprehensive loss</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(9,077,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(7,191,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Accumulated contributions in excess of net periodic benefit cost</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>4,123,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>4,286,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Net deficit recognized in statements of financial position</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(4,954,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(2,905,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">)</td>
</tr>
</table>
</div>
2905000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-style: none none solid; border-bottom-width: 1pt; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" font-family : Times New Roman; border-style: none none solid; border-bottom-width: 1pt; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center;"><strong style=" margin: 0pt;">2014</strong></td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-style: none none solid; border-bottom-width: 1pt; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center;"><strong style=" margin: 0pt; text-align: center;">2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Changes recognized in other comprehensive income:</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-indent: 9.9pt; font-family : Times New Roman; border: none rgb(0, 0, 0); text-align: left; vertical-align: bottom;">Net loss (gain) arising during the year</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td align="left" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td valign="bottom" align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>2,667,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="left" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td valign="bottom" align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(1,901,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Amortization or settlement recognition of net loss</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>(781,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; background-color: rgb(204, 238, 255); padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>(1,030,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; background-color: rgb(204, 238, 255); padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Total recognized in other comprehensive loss (income)</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td align="left" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td align="right" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>1,886,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td align="left" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td align="right" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(2,931,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-indent: 19.8pt; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; text-align: left; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" vertical-align: bottom; text-align: left; font-family : Times New Roman; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" vertical-align: bottom; text-align: left; font-family : Times New Roman; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Total recognized in net periodic benefit and other comprehensive loss (income)</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td align="left" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>2,549,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
<td align="left" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom;">$</td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(1,973,000</font></td>
<td align="left" style=" font-family : Times New Roman; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;">)</td>
</tr>
</table>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table cellpadding="0" cellspacing="0" align="center" style=" font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 97%; border-collapse: collapse;">
<tr style=" vertical-align: bottom;">
<td style=" text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>2014</strong></td>
<td style=" text-indent: 0; font-family : Times New Roman; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: left; width: 90%; background-color: #CCEEFF;">Initial net asset (obligation)</td>
<td style=" text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" style=" text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; text-indent: 0; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Prior service credit (cost)</td>
<td style=" text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; text-indent: 0; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Net loss</td>
<td style=" text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>984,000</font></td>
<td style=" text-align: left; text-indent: 0; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Total</td>
<td style=" text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; text-indent: 0; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>984,000</font></td>
<td style=" text-align: left; text-indent: 0; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
</tr>
</table>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; text-align: center;"><strong>2014</strong></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px;"> </td>
<td style=" font-family : Times New Roman;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; text-align: center;"><strong>2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Weighted-average assumptions used to determine benefit obligations:</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td align="left" style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: left; width: 80%;">Discount rate</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; white-space: nowrap; vertical-align: bottom;"><font>4.00</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">%</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; white-space: nowrap; vertical-align: bottom;"><font>4.40</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">%</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-indent: 19.8pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; text-align: left; background-color: #CCEEFF;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" vertical-align: top; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Assumptions used to determine net periodic benefit cost:</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Discount rate</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>4.40</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">%</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>3.60</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">%</td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Expected return on plan assets</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>7.00</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">%</td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>7.00</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">%</td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-indent: 19.8pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; text-align: left; background-color: #CCEEFF;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" vertical-align: top; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Additional year-end information:</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Projected benefit obligation</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>21,959,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>19,280,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Accumulated benefit obligation</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>21,959,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>19,280,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Fair value of plan assets</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>17,005,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>16,375,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: left; width: 90%; background-color: #CCEEFF;"><font><font>2015</font></font></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;"><font>$</font></td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; white-space: nowrap; vertical-align: bottom; background-color: #CCEEFF;"><font><font>1,080,000</font></font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font><font>2016</font></font></td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font><font>1,118,000</font></font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"><font><font>2017</font></font></td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font><font>1,170,000</font></font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font><font>2018</font></font></td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font><font>1,203,000</font></font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"><font><font>2019</font></font></td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font><font>1,228,000</font></font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font><font>2020</font>-<font>2024</font></font></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font><font>6,342,000</font></font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;"><font>$</font></td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font><font>12,141,000</font></font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Level 1</strong></td>
<td style=" font-family : Times New Roman; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Level 2</strong></td>
<td style=" font-family : Times New Roman; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Level 3</strong></td>
<td style=" font-family : Times New Roman; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Total</strong></td>
<td style=" font-family : Times New Roman; padding: 0px;"> </td>
</tr>
<tr>
<td style=" font-family : Times New Roman; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td colspan="2" style=" text-align: center; font-family : Times New Roman; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td colspan="2" style=" text-align: center; font-family : Times New Roman; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td colspan="2" style=" text-align: center; font-family : Times New Roman; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td colspan="2" style=" text-align: center; font-family : Times New Roman; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
<td style=" font-family : Times New Roman; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: left; width: 60%; background-color: #CCEEFF;">Cash and cash equivalents</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td width="9%" align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; white-space: nowrap; vertical-align: bottom; background-color: #CCEEFF;"><font>527,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td width="9%" align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td width="9%" align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td width="9%" align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; width: 10%; white-space: nowrap; vertical-align: bottom; background-color: #CCEEFF;"><font>527,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Mutual funds</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,360,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,360,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Pooled funds</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; background-color: #CCEEFF;"><font>15,118,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>15,118,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,887,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>15,118,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>17,005,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
</table>
</div>
4954000
973000
55000
1523000
55000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>18. Other Long-Term Liabilities</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Other long-term liabilities consist of the following at October 31:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<div class="CursorPointer">
<div>
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td> </td>
</tr>
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: left; width: 80%; background-color: #CCEEFF;">Minimum pension liability</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; vertical-align: bottom; white-space: nowrap; width: 10%; background-color: #CCEEFF;"><font>4,954,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; vertical-align: bottom; white-space: nowrap; width: 10%; background-color: #CCEEFF;"><font>2,905,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman;">Fair value of derivative instrument</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>973,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,523,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;">Contingent consideration</td>
<td style=" font-family : Times New Roman; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"><font>300,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"><font>-</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Deferred gain and other</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>55,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>55,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>6,282,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>4,483,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
</div>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td> </td>
</tr>
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: left; width: 80%; background-color: #CCEEFF;">Minimum pension liability</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; vertical-align: bottom; white-space: nowrap; width: 10%; background-color: #CCEEFF;"><font>4,954,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; vertical-align: bottom; white-space: nowrap; width: 10%; background-color: #CCEEFF;"><font>2,905,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman;">Fair value of derivative instrument</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>973,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,523,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;">Contingent consideration</td>
<td style=" font-family : Times New Roman; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"><font>300,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"><font>-</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Deferred gain and other</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>55,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>55,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>6,282,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>4,483,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
1861000
10924000
4993000
200000
119000
165000
2187000
1853000
1702000
1415000
497000
1343000
8997000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0;"><strong>19. Operating Lease Income</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company rents certain of its assets under net operating lease agreements ranging from <font>one</font> month to <font>20</font> years. The cost of land subject to agricultural land leases was $<font>1,861,000</font> at October 31, 2014. The total cost and accumulated depreciation of buildings, equipment and building improvements subject to leases was $<font>10,924,000</font> and $<font>4,993,000</font>, respectively, at October 31, 2014. The Company's rental operations revenue includes contingent rental revenue of $<font>200,000</font>, $<font>119,000</font> and $<font>165,000</font> for fiscal years 2014, 2013 and 2012, respectively.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The future minimum lease payments to be received by the Company related to these net operating lease agreements as of October 31, 2014, are as follows:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<div class="CursorPointer">
<div>
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: left; width: 90%; background-color: #CCEEFF;">2015</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; text-align: right; width: 10%; white-space: nowrap; background-color: #CCEEFF;"><font>2,187,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">2016</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,853,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">2017</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,702,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">2018</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,415,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">2019</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>497,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Thereafter</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,343,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>8,997,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
</div>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: left; width: 90%; background-color: #CCEEFF;">2015</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; text-align: right; width: 10%; white-space: nowrap; background-color: #CCEEFF;"><font>2,187,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">2016</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,853,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">2017</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,702,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">2018</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,415,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">2019</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>497,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Thereafter</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,343,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>8,997,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
3390000
2316000
1972000
1751000
1681000
1693000
1660000
873000
3287000
10945000
193000
9300000
91000
992000
1006000
500000
724000
456000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0;"><strong>20. Commitments and Contingencies</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Operating Leases</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company has operating leases for agricultural land, pollinating equipment, packinghouse equipment, and photovoltaic generators. Total lease expense for fiscal years 2014, 2013 and 2012 was $<font>3,390,000</font>, $<font>2,316,000</font> and $<font>1,972,000</font>, respectively, which is included in agribusiness costs and expenses in the Company's consolidated statements of operations.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">During fiscal year 2008, the Company entered into a contract with Perpetual Power, LLC (“Perpetual”) to install a 1,000 KW photovoltaic generator in order to provide electrical power for the Company's lemon packinghouse operations. The facility became operational in October 2008. Farm Credit West provided financing for the generator and upon completion of the construction Perpetual sold the generator to Farm Credit West. The Company then signed a <font>10</font>-year operating lease agreement with Farm Credit West. At the end of the 10-year lease term, the Company will have an option to purchase the generator from Farm Credit West for $<font>1,125,000</font>.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Additionally in fiscal year 2008, the Company entered into a contract with Perpetual to install a second 1,000 KW photovoltaic generator in order to provide electrical power for the Company's farming operations in Ducor, California. Farm Credit West provided the financing for the generator and when construction was completed, Perpetual sold the generator to Farm Credit West. The Company then signed a <font>10</font>-year operating lease agreement with Farm Credit West for this facility. At the end of the 10-year lease term, the Company will have an option to purchase the generator from Farm Credit West for $<font>1,275,000</font>. The generator in Ducor, California became operational in December 2008. <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">Included in prepaid expenses and other current assets and other assets in the Company's consolidated balance sheets is</font> $<font>903,000</font> and $<font>1,112,000</font> at October 31, 2014 and 2013, respectively of deferred rent assets related to the Company's Ducor solar lease as the minimum lease payments exceed the straight-line rent expense during the earlier terms of the lease.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Additionally, <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">the Company had agreements which expired in 2014, with an electric utility through the California Solar Initiative which entitled it to receive rebates for energy produced by our solar arrays. These rebates, were</font> $<font>91,000</font>, $<font>992,000</font> and $<font>1,006,000</font> in fiscal years 2014, 2013 and 2012, respectively.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">In January 2012, the Company entered into <font>six</font> operating leases for approximately 1,000 acres of lemon, orange, specialty citrus and other crop orchards in Lindsay, California. Each of the leases is for a <font>ten</font>-year term and provides for <font>four</font> <font>five</font>-year renewal options with an aggregate base rent of approximately $<font>500,000</font> per year. The leases also contain profit share arrangements with the lessors as additional rent on each of the properties and a provision for the potential purchase of the properties by the Company in the future. The Company incurred $<font>1,641,000</font>, $<font>724,000</font>, and $<font>456,000</font> of <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">net lease expense in fiscal years 2014, 2013, and 2012, respectively</font>.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0pt 0px; text-align: justify;">On July 1, 2013, the Company and Cadiz, entered into a long-term lease agreement for a minimum of <font>320</font> acres, with an option to lease up to an additional <font>640</font> acres, located within <font>9,600</font> zoned agricultural acres owned by Cadiz in eastern San Bernardino County, California. The initial term of the lease runs for <font>20</font> years and the annual base rental will be equal to the sum of $<font>200</font> per planted acre and <font>20</font>% of gross revenues from the sale of harvested lemons (less operating expenses) and will not exceed $<font>1,200</font> per acre per year. During fiscal years 2014 and 2013, $<font>15,000</font> and <font>zero</font> of lease expense was incurred in connection with this lease.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Minimum future lease payments are as follows:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<div class="CursorPointer">
<div>
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 90%; text-align: left; background-color: #CCEEFF;">2015</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 10%; text-align: right; white-space: nowrap; vertical-align: bottom; background-color: #CCEEFF;"><font>1,751,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">2016</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,681,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">2017</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,693,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">2018</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,660,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">2019</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>873,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Thereafter</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>3,287,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>10,945,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Letters of Credit</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company utilizes standby letters of credit to satisfy workers' compensation insurance security deposit requirements. At October 31, 2014, these outstanding letters of credit totaled $<font>193,000</font>.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Other Commitments</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">In December 2013 the Company entered into a construction contract that includes design and construction services for the expansion of the Company's lemon packing facilities.  The contract is subject to a guaranteed maximum price of approximately $<font>9,300,000</font>, which may be revised based on design modifications and finalization of construction costs.  <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">The project began in March 2014 and is expected to be substantially complete in the spring of 2015</font>.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Litigation</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company is from time to time involved in various lawsuits and legal proceedings that arise in the ordinary course of business. At this time, the Company is not aware of any pending or threatened litigation against it that it expects will have a material adverse effect on its business, financial condition, liquidity, or operating results. Legal claims are inherently uncertain, however, and it is possible that the Company's business, financial condition, liquidity and/or operating results could be adversely affected in the future by legal proceedings.</p>
</div>
</div>
1125000
1275000
903000
1112000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 90%; text-align: left; background-color: #CCEEFF;">2015</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 10%; text-align: right; white-space: nowrap; vertical-align: bottom; background-color: #CCEEFF;"><font>1,751,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">2016</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,681,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">2017</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,693,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">2018</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,660,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">2019</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>873,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Thereafter</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>3,287,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>10,945,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" text-align: center; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Performance</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 1%;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; text-align: center;"><strong>Shares</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="10" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Year Ended October 31,</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; text-align: center; width: 59%;"><strong>Year</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="2" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 10%; text-align: center;"><strong>Granted</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; text-align: center; width: 10%;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; text-align: center; width: 10%;"><strong>2013</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; text-align: center; width: 10%;"><strong>2012</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; text-align: center;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: center; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">2010</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF; text-align: center;"><font>62,287</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>-</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>91,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>546,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: center; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">2012</td>
<td style=" font-family : Times New Roman;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: center;"><font>34,721</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>209,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>209,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>216,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: center; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">2013</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF; text-align: center;"><font>27,091</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>237,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>253,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>-</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: center; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">2014</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: center;"><font>-</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>367,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>-</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>-</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>813,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>553,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>762,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
100.00
0.0875
10
8.00
20000
0.01
0.01
1071000
367000
727000
253000
27091
813000
553000
762000
62287
91000
546000
34721
209000
209000
216000
237000
253000
367000
41889
27091
4552
100000
4859
6165
100000
100000
4066000
3806000
4642000
3779000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>24. Fruit Growers Supply Cooperative</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company is a member of Fruit Growers Supply (“FGS”), a cooperative supply corporation. FGS is the manufacturing and supply affiliate of Sunkist. FGS allocates after-tax earnings derived from non-member business to members. The allocations may then be disbursed to members as dividends no less than five years after allocation. As of October 31, 2014 and October 31, 2013, the Company has been allocated $<font>729,000</font> and $<font>863,000</font>, respectively; however, the declaration of dividends is subject to approval by the FGS Board of Directors and members may receive amounts less than those originally allocated. The Company records allocations disbursed by FGS as reductions of agribusiness expenses. The Company received dividends of $<font>67,000</font>, $<font>59,000</font> and $<font>113,000</font> in fiscal years 2014, 2013 and 2012, respectively.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">During September 2011, the Company settled a claim with Sunkist in which Sunkist requested a refund of $<font>586,000</font> of fiscal year 2010 lemon by-products revenue. The Company assigned <font>50</font>% of future dividends it receives from FGS up to the amount of claim in the unconditional settlement of the claim. The balance of the claim as of October 31, 2014 was $<font>251,000</font>.</p>
</div>
729000
863000
67000
59000
113000
586000
0.50
251000
79726000
58137000
44162000
7374000
11683000
9546000
7616000
5528000
2454000
2385000
2293000
1986000
1746000
1565000
200000
119000
165000
300000
644000
252000
79000
188000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;">Segment information for year ended October 31, 2014:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<div class="CursorPointer">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom;">
<td width="55%" style=" font-family : Times New Roman; width: 45%;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Agribusiness</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Rental<br/>
Operations</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Real Estate<br/>
Development</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Corporate and<br/>
Other</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Total</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Revenues</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>98,522,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>4,640,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>300,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>103,462,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Costs and expenses</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>71,498,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>2,651,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,321,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>14,148,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>89,618,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Depreciation and amortization</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>2,827,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>422,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>79,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>188,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>3,516,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Impairment charges</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>435,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>435,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Operating income (loss)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>24,197,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,567,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(1,535,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(14,336,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>9,893,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;">Segment information for year ended October 31, 2013:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<div class="CursorPointer">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom;">
<td width="55%" style=" font-family : Times New Roman; width: 45%;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Agribusiness</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Rental<br/>
Operations</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Real Estate<br/>
Development</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Corporate and<br/>
Other</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Total</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Revenues</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>79,990,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>4,250,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>644,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>84,884,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Costs and expenses</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>61,850,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>2,213,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,266,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>11,659,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>76,988,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Depreciation and amortization</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,757,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>388,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>67,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>191,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>2,403,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Impairment charges</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><font>95,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><font>95,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Operating income (loss)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>16,383,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,649,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(784,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(11,850,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>5,398,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;">Segment information for year ended October 31, 2012:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<div class="CursorPointer">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom;">
<td width="45px" style=" font-family : Times New Roman; width: 45%;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Agribusiness</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Rental<br/>
Operations</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Real Estate<br/>
Development</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Corporate and<br/>
Other</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Total</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Revenues</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>61,553,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>4,023,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>252,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>65,828,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Costs and expenses</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>45,811,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>2,045,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>981,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>10,304,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>59,141,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Depreciation and amortization</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,489,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>373,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>56,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>213,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>2,131,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Impairment charges</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Operating income (loss)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>14,253,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,605,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(785,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(10,517,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>4,556,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;">The following table sets forth revenues by category, by segment for fiscal years 2014, 2013 and 2012:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<div class="CursorPointer">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="10" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Year Ended October 31,</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman; width: 70%;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 10%; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 10%; text-align: center;"><strong>2013</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 10%; text-align: center;"><strong>2012</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Lemons</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>79,726,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>58,137,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>44,162,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Avocados</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>7,374,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>11,683,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>9,546,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Navel and Valencia oranges</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>7,616,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>5,528,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>4,066,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Specialty citrus and other crops</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>3,806,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>4,642,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>3,779,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Agribusiness revenues</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>98,522,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>79,990,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>61,553,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" vertical-align: top; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" vertical-align: top; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Rental operations</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>2,454,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>2,385,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>2,293,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Leased land</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,986,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,746,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,565,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Organic recycling</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>200,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>119,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>165,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Rental operations revenues</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>4,640,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>4,250,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>4,023,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" vertical-align: top; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" vertical-align: top; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Real estate operations</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>300,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>644,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>252,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Real estate revenues</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>300,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>644,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>252,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Total revenues</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>103,462,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>84,884,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>65,828,000</font></td>
</tr>
</table>
</div>
</div>
</div>
435000
24197000
1567000
-1535000
-14336000
79990000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>25. Segment Information</strong></p>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company operates in three reportable operating segments; agribusiness, rental operations and real estate development. The reportable operating segments of the Company are strategic business units with different products and services, distribution processes and customer bases. The agribusiness segment includes farming and lemon packing operations. The rental operations segment includes housing and commercial rental operations, leased land and organic recycling. The real estate development segment includes real estate development operations. No asset information is provided for reportable segments as these specified amounts are not included in the measure of segment profit or loss reviewed by the Company's chief operating decision maker. The Company measures operating performance, including revenues and earnings, of its operating segments and allocates resources based on its evaluation. The<font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;"> Company does not allocate selling, general and administrative expense, other income, interest expense and income taxes, or specifically identify them to its operating segment</font>s.</p>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;">Segment information for year ended October 31, 2014:</p>
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<td width="55%" style=" font-family : Times New Roman; width: 45%;"> </td>
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<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Agribusiness</strong></td>
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<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Rental<br/>
Operations</strong></td>
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<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Real Estate<br/>
Development</strong></td>
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<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Corporate and<br/>
Other</strong></td>
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<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Total</strong></td>
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<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Revenues</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>98,522,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>4,640,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>300,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>103,462,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Costs and expenses</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>71,498,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>2,651,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,321,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>14,148,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>89,618,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Depreciation and amortization</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>2,827,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>422,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>79,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>188,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>3,516,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Impairment charges</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>435,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>435,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Operating income (loss)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>24,197,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,567,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(1,535,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(14,336,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>9,893,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;">Segment information for year ended October 31, 2013:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<div class="CursorPointer">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom;">
<td width="55%" style=" font-family : Times New Roman; width: 45%;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Agribusiness</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Rental<br/>
Operations</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Real Estate<br/>
Development</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Corporate and<br/>
Other</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Total</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Revenues</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>79,990,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>4,250,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>644,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>84,884,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Costs and expenses</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>61,850,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>2,213,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,266,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>11,659,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>76,988,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Depreciation and amortization</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,757,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>388,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>67,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>191,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>2,403,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Impairment charges</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><font>95,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><font>95,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Operating income (loss)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>16,383,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,649,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(784,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(11,850,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>5,398,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;">Segment information for year ended October 31, 2012:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<div class="CursorPointer">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom;">
<td width="45px" style=" font-family : Times New Roman; width: 45%;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Agribusiness</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Rental<br/>
Operations</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Real Estate<br/>
Development</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Corporate and<br/>
Other</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 11%; text-align: center;"><strong>Total</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Revenues</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>61,553,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>4,023,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>252,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>65,828,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Costs and expenses</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>45,811,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>2,045,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>981,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>10,304,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>59,141,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Depreciation and amortization</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,489,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>373,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>56,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>213,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>2,131,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Impairment charges</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Operating income (loss)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>14,253,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>1,605,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(785,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>(10,517,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>4,556,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;">The following table sets forth revenues by category, by segment for fiscal years 2014, 2013 and 2012:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<div class="CursorPointer">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="10" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Year Ended October 31,</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman; width: 70%;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 10%; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 10%; text-align: center;"><strong>2013</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" align="center" style=" border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; width: 10%; text-align: center;"><strong>2012</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td colspan="2" style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Lemons</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>79,726,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>58,137,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>44,162,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Avocados</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>7,374,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>11,683,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>9,546,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Navel and Valencia oranges</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>7,616,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>5,528,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>4,066,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Specialty citrus and other crops</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>3,806,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>4,642,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>3,779,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Agribusiness revenues</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>98,522,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>79,990,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>61,553,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" vertical-align: top; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" vertical-align: top; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Rental operations</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>2,454,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>2,385,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>2,293,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Leased land</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,986,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,746,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,565,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Organic recycling</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>200,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>119,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>165,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Rental operations revenues</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>4,640,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>4,250,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>4,023,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" vertical-align: top; text-align: left; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" vertical-align: top; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" vertical-align: top; text-align: left; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; vertical-align: top; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Real estate operations</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>300,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>644,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>252,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Real estate revenues</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>300,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>644,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>252,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: justify; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Total revenues</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>103,462,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>84,884,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>65,828,000</font></td>
</tr>
</table>
</div>
</div>
</div>
</div>
98522000
4640000
300000
71498000
2651000
1321000
14148000
89618000
2827000
422000
4250000
644000
61850000
2213000
1266000
11659000
76988000
1757000
388000
67000
191000
95000
16383000
1649000
-784000
-11850000
61553000
4023000
252000
45811000
2045000
981000
10304000
59141000
1489000
373000
56000
213000
2131000
14253000
1605000
-785000
-10517000
2006-10-31
2006-12-20
P10Y
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><strong>21. Public Offering of Common Stock</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">During February 2013 the Company completed the sale of</font> <font>2,070,000</font> shares of common stock, at a price of $<font>18.50</font> per share, to institutional and other investors in a registered offering under the shelf registration statement. The offering represented <font>16</font>% of the Company's outstanding common stock on an after-issued basis. Upon completion of the offering and issuance of common stock, the Company had <font>13,307,085</font> shares of common stock outstanding. The gross proceeds of the offering totaled $<font>38,295,000</font> and after an underwriting discount of $<font>2,106,000</font> and other offering expenses of $<font>292,000</font>, the net proceeds were $<font>35,897,000</font>. <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">During February 2013, the Company used the net offering proceeds to repay long-term debt</font>.</p>
</div>
2070000
18.50
0.16
13307085
38295000
2106000
292000
35897000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0;"><strong>26. Subsequent Events</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;">  </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company has evaluated events subsequent to October 31, <font>2014</font>, to assess the need for potential recognition or disclosure in this Annual Report on Form 10-K. Based upon this evaluation, except as disclosed in the notes to consolidated financial statements, it was determined that <font>no</font> subsequent events occurred that require recognition or disclosure in the consolidated financial statements.</p>
</div>
9000
P20Y
P20Y
P10Y
P10Y
4
P5Y
100
P20Y
P10Y
P50Y
P5Y
P20Y
P20Y
P40Y
P8Y
2
3
61623000
0
-505000
-207000
1116000
753000
947000
129000
-1033000
1399000
44000
33000
36000
711000
739000
60000
78000
78000
810000
1918000
1542000
-433000
-716000
1328000
885000
476000
621000
1143000
-712000
-612000
-344000
128000
181000
4125000
93000
1836000
912000
2008000
1271000
163000
-296000
-503000
15652000
5490000
6524000
25609000
10359000
8467000
375000
1796000
700000
11101000
803000
4788000
5713000
183000
110000
220000
1758000
125000
98000
-350000
15000
300000
319000
311000
-1000
30000
3000
-28183000
-11348000
-11273000
117765000
58450000
40044000
111543000
85976000
33280000
2321000
1944000
1470000
430000
262000
262000
35897000
-6000
106000
91000
12541000
5929000
4739000
10000
71000
-10000
11000
21000
2264000
1705000
3479000
6495000
1910000
252000
9425000
795000
692000
1134000
487000
248000
60000
78000
78000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Intangible Assets</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Intangible assets consist primarily of acquired water and mineral rights, a patent and certain trade names and trademarks. Certain of the Company's trade names and trademarks are being amortized on a straight line basis over their estimated lives of 8 years. The Company evaluates its indefinite-life intangible assets annually or whenever events or changes in circumstances indicate an impairment of the assets' value may exist.</p>
</div>
5104000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>1. Business</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Limoneira Company, a Delaware Company (the “Company”), engages primarily in growing citrus and avocados, picking and hauling citrus, and packing, marketing and selling lemons. The Company is also engaged in housing rentals and other rental operations and real estate development activities.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company markets and sells lemons directly to food service, wholesale and retail customers throughout the United States, Canada, Asia and other international markets. The Company is a member of Sunkist Growers, Inc. (“Sunkist”), an agricultural marketing cooperative, and sells its oranges, specialty citrus and other crops to Sunkist-licensed and other third-party packinghouses.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company sells all of its avocado production to Calavo Growers, Inc. (“Calavo”), a packing and marketing company listed on NASDAQ under the symbol CVGW. Calavo's customers include many of the largest retail and food service companies in the United States and Canada. The Company's avocados are packed by Calavo, sold and distributed under Calavo brands to its customers primarily in the United States and Canada.</p>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>2. Summary of Significant Accounting Policies</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Principles of Consolidation</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The consolidated financial statements include the accounts of the Company and the accounts of all the subsidiaries and investments in which a controlling interest is held by the Company. The consolidated financial statements represent the consolidated balance sheets, statements of operations, statements of stockholders' equity, statements of comprehensive income and statements of cash flows of Limoneira Company and its wholly owned subsidiaries. The Company's subsidiaries include: Limoneira Company International Division, LLC, Limoneira Mercantile, LLC, Windfall Investors, LLC, Templeton Santa Barbara, LLC and Associated Citrus Packers, Inc. All significant intercompany balances and transactions have been eliminated in consolidation. The Company considers the criteria established under the Financial Accounting Standards Board – Accounting Standards Code (“FASB ASC”) 810, <em>Consolidations </em>and the effect of variable interest entities, in its consolidation process.</p>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Use of Estimates</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The preparation of financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in;"> </p>
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Accounts Receivable</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white;">The Company grants credit in the course of its operations to cooperatives, companies and lessees of the Company's facilities. The Company performs periodic credit evaluations of its customers' financial condition and generally does not require collateral. The Company provides allowances on its receivables as required based on accounts receivable aging and other factors. At October 31, 2014 and 2013 the allowances totaled $<font>442,000</font> and $<font>85,000</font>, respectively. The October 31, 2014 allowance includes $<font>220,000</font> provided for amounts due on certain brokered fruit sales, on which the Company earns a commission, with the corresponding amount recorded as a reduction to lemon supplier payables, which is included in accrued liabilities. For fiscal years 2014, 2013 and 2012 credit losses were insignificant.</p>
</div>
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Concentrations</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company sells all of its avocado production to Calavo. Sales of avocados to Calavo were $<font>7,374,000</font>, $<font>11,683,000</font> and $<font>9,546,000</font> in fiscal years 2014, 2013 and 2012, respectively.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white;">Lemons procured from third-party growers were approximately <font>36</font>%, <font>52</font>% and <font>46</font>%, of lemon supply in fiscal years 2014, 2013 and 2012, respectively.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company maintains its cash in federally insured financial institutions. The account balances at these institutions periodically exceed Federal Deposit Insurance Corporation (“FDIC”) insurance coverage and, as a result, there is a concentration of risk related to amounts on deposit in excess of FDIC insurance coverage. The Company believes the risk is not significant.</p>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><strong>Cultural Costs</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Growing costs, also referred to as cultural costs, consist of orchard maintenance costs such as cultivation, fertilization and soil amendments, pest control, pruning and irrigation. Harvest costs are comprised of labor and equipment expenses incurred to harvest and deliver crops to the packinghouses.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Lemons, oranges, specialty citrus and other crops such as pistachio nuts, cherries and olives are grown in the Company's San Joaquin Valley orchards. Additionally, lemons are grown in the Company's Yuma County, Arizona orchards.  These crops have distinct growing periods and distinct harvest and selling periods, each of which lasts approximately four to six months.  During the growing period, cultural costs are capitalized as they are associated with benefiting and preparing the crops for the harvest and selling period.  During the harvest and selling period, harvest costs and cultural costs are expensed when incurred and capitalized cultural costs are amortized as components of agribusiness costs and expenses.</p>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company grows lemons and avocados in its Ventura County orchards. Due to climate, growing conditions and the types of crops grown, the Ventura County orchards may be harvested and sold on a more year round basis.  Accordingly, the Company does not capitalize cultural costs associated with its Ventura County orchards and therefore such costs, as well as harvest costs associated with the Ventura County orchards, are expensed to operations when incurred as components of agribusiness costs and expenses.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Most cultural costs, including amortization of capitalized cultural costs, and harvest costs are associated with and charged to specific crops. Certain other costs, such as property taxes, indirect labor including farm supervision and management and irrigation that benefit multiple crops are allocated to crops on a per acre basis.</p>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;">  </p>
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Income Taxes</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Deferred income tax assets and liabilities are computed annually for differences between the financial statement and income tax bases of assets and liabilities that will result in taxable or deductible amounts in the future. Such deferred income tax asset and liability computations are based on enacted tax laws and rates applicable to periods in which the differences are expected to affect taxable income. A valuation allowance is established, when necessary, to reduce deferred income tax assets to the amount expected to be realized.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Tax benefits from an uncertain tax position are only recognized if it is more likely than not that the tax position will be sustained upon examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement.</p>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Property, Plant and Equipment</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Property, plant and equipment is stated at original cost, net of accumulated depreciation. Depreciation is computed using the straight-line method at rates based upon the estimated useful lives of the related assets as follows (in years):</p>
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<div>
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<table cellspacing="0" cellpadding="0" style=" font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%; border-collapse: collapse;">
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<td width="100%" style=" font-family : Times New Roman; border: none; vertical-align: bottom; white-space: nowrap;">Land improvements</td>
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<td style=" text-align: right; font-family : Times New Roman; border: none; vertical-align: bottom; white-space: nowrap;"><font>10</font> – <font>20</font></td>
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<td width="100%" style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;">Buildings and building improvements</td>
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<td style=" text-align: right; font-family : Times New Roman; border: none; vertical-align: bottom; white-space: nowrap;"><font>10</font> – <font>50</font></td>
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<td width="100%" style=" border: none; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;">Equipment</td>
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<td style=" text-align: right; font-family : Times New Roman; border: none; vertical-align: bottom; white-space: nowrap;">  <font>5</font> – <font>20</font></td>
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<td width="100%" style=" border: none; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;">Orchards</td>
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<td style=" text-align: right; font-family : Times New Roman; border: none; vertical-align: bottom; white-space: nowrap;"><font>20</font> – <font>40</font></td>
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</table>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Costs of planting and developing orchards are capitalized until the orchards become commercially productive. Planting costs consist primarily of the costs to purchase and plant nursery stock. Orchard development costs consist primarily of maintenance costs of orchards such as cultivation, pruning, irrigation, labor, spraying and fertilization, and interest costs during the development period. The Company ceases the capitalization of costs and commences depreciation when the orchards become commercially productive and orchard maintenance costs are accounted for as Cultural Costs as described above.</p>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Capitalized Interest</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Interest is capitalized on real estate development projects and significant construction in progress using the weighted average interest rate during the fiscal year. Interest of $<font>2,315,000</font> and $<font>2,451,000</font> was capitalized during the years ended October 31, 2014, and 2013, respectively, and is included in property, plant, and equipment and real estate development assets in the Company's consolidated balance sheets.</p>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Real Estate Development Costs</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company capitalizes the planning, entitlement, construction, development costs and interest associated with its various real estate projects. Costs that are not capitalized, which include property maintenance and repairs, general and administrative and marketing expenses, are expensed as incurred. A real estate development project is considered substantially complete upon the cessation of construction and development activities. Once a project is substantially completed, future costs are expensed as incurred. The Company capitalized costs related to its real estate projects of $<font>5,104,000</font> and $<font>5,647,000</font> in fiscal years 2014 and 2013, respectively.</p>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Equity in Investments</strong></p>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Investments in unconsolidated joint ventures in which the Company has significant influence but less than a controlling interest, or is not the primary beneficiary if the joint venture is determined to be a Variable Interest Entity (“VIE”), are accounted for under the equity method of accounting and, accordingly, are adjusted for capital contributions, distributions and the Company's equity in net earnings or loss of the respective joint venture.</p>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Marketable Securities</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company classifies its marketable securities as available-for-sale. The Company's investments in marketable securities are stated at fair value with unrealized gains (losses), net of tax, reported as a component of accumulated other comprehensive income (loss) in the Company's consolidated statements of comprehensive income. At October 31, 2014 and 2013, marketable securities are comprised of the Company's investment in Calavo.</p>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Intangible Assets</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Intangible assets consist primarily of acquired water and mineral rights, a patent and certain trade names and trademarks. Certain of the Company's trade names and trademarks are being amortized on a straight line basis over their estimated lives of 8 years. The Company evaluates its indefinite-life intangible assets annually or whenever events or changes in circumstances indicate an impairment of the assets' value may exist.</p>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Long-Lived Assets</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company evaluates long-lived assets, including its definite-life intangible assets, for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. If the estimated undiscounted future cash flows from the use of an asset are less than the carrying value of that asset, a write-down is recorded to reduce the carrying value of the asset to its fair value. Assets held for sale are carried at the lower of cost or fair value less estimated cost to sell.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Based on results from independent appraisals and other factors which indicated that the fair values of certain real estate development assets were less than the carry values, the Company recognized impairment losses of $<font>435,000</font> and $<font>95,000</font> in fiscal years 2014 and 2013, respectively.</p>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<div>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;"><strong>Goodwill</strong></p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0px; text-align: justify; text-indent: 0px; color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal;">Goodwill is tested for impairment on an annual basis or when an event or changes in circumstances indicate that its carrying value may not be recoverable. Goodwill impairment is tested at the reporting unit level, which is defined as an operating segment or one level below the operating segment. Goodwill impairment is tested in a two-step process, with the first step performed to determine if there is potential for impairment by comparing the fair value of the reporting unit to its carrying value. If potential impairment is identified as indicated by the carrying value exceeding the fair value of the reporting unit, the second step is performed to measure the amount of impairment to be recognized in the financial statements by comparing the implied fair value of goodwill to its carrying value. If the carrying value of goodwill exceeds its implied fair value, an impairment loss is recognized for the excess amount. Goodwill impairment testing involves significant judgment and estimates. The annual assessment of goodwill impairment was performed as of July 31, 2014 with no impairment noted.</p>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Fair Values of Financial Instruments</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The fair values of financial instruments are based on level-one indicators or quoted market prices, where available, or are estimated using the present value or other valuation techniques. Estimated fair values are significantly affected by the assumptions used.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Accounts receivable, notes receivable, accounts payable, growers payable and accrued liabilities reported on the Company's consolidated balance sheets approximate their fair values due to the short-term nature of the instruments.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Based on the borrowing rates currently available to the Company for bank loans with similar terms and maturities, the fair value of long-term debt is approximately equal to its carrying amount as of October 31, 2014 and 2013.</p>
</div>
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<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Derivative Financial Instruments</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company uses derivative financial instruments to manage its exposure to interest rates as well as to maintain an appropriate mix of fixed and floating-rate debt. Contract terms of a hedge instrument closely mirror those of the hedged item, providing a high degree of risk reduction and correlation. Contracts that are effective at meeting the risk reduction and correlation criteria are recorded using hedge accounting. If a derivative instrument is a hedge, depending on the nature of the hedge, changes in the fair value of the instrument will be either offset against the change in the fair value of the hedged assets, liabilities or firm commitments through earnings or be recognized in other comprehensive income until the hedged item is recognized in earnings. The ineffective portion of an instrument's change in fair value will be immediately recognized in earnings. Instruments that do not meet the criteria for hedge accounting, or contracts for which the Company has not elected hedge accounting, are valued at fair value with unrealized gains or losses reported in earnings during the period of change.</p>
</div>
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<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Comprehensive Income (Loss)</strong></p>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Comprehensive income (loss) represents all changes in a company's net assets, except changes resulting from transactions with shareholders, and is reported as a component of the Company's stockholders' equity.</p>
</div>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0;"><strong>Revenue Recognition</strong></p>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Revenue and related costs are recognized when (i) persuasive evidence of an arrangement exists, (ii) delivery has occurred, (iii) selling price is fixed or determinable and (iv) collectability is reasonably assured. The Company records a sales allowance in the period revenue is recognized as a provision for estimated customer discounts and concessions.</p>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><em>Agribusiness revenue - </em>Revenue from lemon sales is generally recognized FOB shipping point when the customer takes possession of the fruit from the Company's packing house. Revenue from the sales of certain of the Company's agricultural products is recorded based on estimated proceeds provided by certain of the Company's sales and marketing partners (Calavo and other third-party packinghouses) due to the time between when the product is delivered by the Company and the closing of the pools for such fruits at the end of each month. Calavo and other third-party packinghouses are agricultural cooperatives or function in a similar manner as an agricultural cooperative. As such, the Company applies specific authoritative agriculture revenue recognition guidance related to transactions between patrons and agriculture marketing cooperatives to record revenue at time of delivery to the packinghouses relating to fruits that are in pools that have not yet closed at month end if (a) the related fruits have been delivered to and accepted by Calavo and other third-party packinghouses (i.e. title has transferred to Calavo and other third-party packinghouses) and (b) sales price information has been provided by Calavo and other third-party packinghouses (based on the marketplace activity for the related fruit) to estimate with reasonable certainty the final selling price for the fruit upon the closing of the pools. Historically, the revenue that is recorded based on the sales price information provided to the Company by Calavo and other third-party packinghouses at the time of delivery, have not materially differed from the actual amounts that are paid after the monthly pools are closed. The Company also earns commissions on certain brokered fruit sales, which totaled $<font>115,000</font>, $<font>53,000</font>, and $<font>33,000</font> in fiscal years 2014, 2013 and 2012, respectively.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company's avocados, oranges, specialty citrus and other specialty crops are packed and sold by Calavo and other third-party packinghouses. The Company delivers all of its avocado production from its orchards to Calavo. These avocados are then packed by Calavo at its packinghouse, and sold and distributed under Calavo brands to its customers primarily in the United States and Canada. The Company's arrangements with other third-party packinghouses related to its oranges, specialty citrus and other specialty crops are similar to its arrangement with Calavo.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company's arrangements with its third-party packinghouses are such that the Company is the producer and supplier of the product and the third-party packinghouses are the Company's customers.  The revenues the Company recognizes related to the fruits sold to the third-party packinghouses are based on the volume and quality of the fruits delivered, the market price for such fruit, less the packinghouses' charges to pack and market the fruit. Such packinghouse charges include the grading, sizing, packing, cooling, ripening and marketing of the related fruit.   The Company bears inventory risk until product is delivered to the third-party packinghouses at which time title and inventory risk to the product is transferred to the third-party packinghouses and revenue is recognized. Such third-party packinghouse charges are recorded as a reduction of revenue based on the application of specific authoritative revenue recognition guidance entitled “Vendor's Income Statement Characterization of Consideration Given to a Customer”.  The identifiable benefit the Company receives from the third-party packinghouses for packaging and marketing services cannot be sufficiently separated from the third-party packinghouses' purchase of the Company's products.  In addition, the Company is not able to reasonably estimate the fair value of the benefit received from the third-party packinghouses for such services and as such, these costs are characterized as a reduction of revenue in the Company's consolidated statement of operations.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Revenue from crop insurance proceeds is recorded when the amount of and the right to receive the payment can be reasonably determined. The Company recorded agribusiness revenues from crop insurance proceeds of $<font>184,000</font>, $<font>36,000</font> and $<font>64,000</font> in fiscal years 2014, 2013 and 2012, respectively.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><em>Rental operations revenue - </em>Minimum rental revenues are generally recognized on a straight-line basis over the respective initial lease term. Contingent rental revenues are contractually defined as to the percentage of rent received by the Company and are based on fees collected by the lessee. Such revenues are recognized when actual results, based on collected fees reported by the tenant, are received. The Company's rental arrangements generally require payment on a monthly or quarterly basis.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Incidental operations may occur during the holding or development period of real estate development projects to reduce holding or development costs. Incremental revenue from incidental operations in excess of incremental costs from incidental operations is accounted for as a reduction of development costs. Incremental costs from incidental operations in excess of incremental revenue from incidental operations are charged to operations.</p>
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<div>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Advertising Expense</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Advertising costs are expensed as incurred. Such costs in fiscal years 2014, 2013 and 2012 were $<font>308,000</font>, $<font>315,000</font> and $<font>167,000</font>, respectively.</p>
</div>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Leases</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company records rent expense for its operating leases on a straight-line basis from the lease commencement date as defined in the lease agreement until the end of the base lease term.</p>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Basic and Diluted Net Income per Share</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Basic net income per common share is calculated using the weighted-average number of common shares outstanding during the period without consideration of the dilutive effect of preferred stock. Diluted net income per common share is calculated using the weighted-average number of common shares outstanding plus the dilutive effect of conversion of preferred stock. The Series B and Series B-2 convertible preferred shares are anti-dilutive.</p>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Reclassifications and Adjustments</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Certain reclassifications have been made to the prior years' consolidated financial statements to conform to the October 31, 2014 presentation.</p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0pt 0px; text-align: justify;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0pt 0px; text-align: justify;"><em>Immaterial Classification Error</em><font class="Apple-converted-space"> </font>- an immaterial error in classification of the Series B Convertible Preferred Stock was corrected in the October 31, 2013 consolidated financial statements which resulted in the reclassification of the Series B Convertible Preferred Stock in the amount of $<font>3,000,000</font> <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">out of stockholders</font><font style=" font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; color: rgb(31, 73, 125);">'</font><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;"><font class="Apple-converted-space"> </font>equity to temporary equity in the consolidated balance sheets. The Company has evaluated the materiality of this error both qualitatively and quantitatively in accordance with Staff Accounting Bulletin No. 99, Materiality, and determined that this error was not material to our previously reported consolidated financial statements as of October 31, 2013</font>.</p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0pt 0px; text-align: justify;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0pt 0px; text-align: justify;"><em>Other Reclassifications</em><font class="Apple-converted-space"> </font>- Equity in earnings (losses) of investments were reclassified as a component of other income (expense) from a separate line item following the income tax provision on the statement of operations.</p>
</div>
<p style=" margin: 0px; font-family : Times New Roman; font-size: 10pt;"> </p>
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Defined Benefit Retirement Plan</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">Company sponsors a defined benefit retirement plan that was frozen in June 2004, and no future benefits have been accrued to participants subsequent to that time.  Ongoing accounting for this plan under FASB ASC 715,<font class="Apple-converted-space"> </font></font><em style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Compensation – Retirement Benefits,</em><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;"><font class="Apple-converted-space"> </font>provides guidance as to, among other things, future estimated pension expense, minimum pension liability and future minimum funding requirements.  This information is provided to the Company by third-party actuarial consultants.  In developing this data, certain estimates and assumptions are used, including among other things, discount rate, long-term rates of return and mortality tables. During 2014, the Society of Actuaries released a new mortality table, referred to as RP-2014, which is believed to better reflect mortality improvements and is to be used in calculating defined benefit pension obligations. In addition, during fiscal year 2014, the assumed discount rate used to measure the pension obligation decreased from <font>4.4</font>% to <font>4.0</font>% as a result of changes in market interest rates. The Company used RP-2014 to measure its pension obligation as of October 31, 2014 and combined with the decrease in the assumed discount rate, its pension obligation increased $<font>2,730,000</font> as of October 31, 2014 with a corresponding decrease in other comprehensive income recognized net of tax. Further changes in any of these estimates could materially affect the amounts recorded that are related to our defined benefit retirement plan</font>.</p>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><strong>Recent Accounting Pronouncements</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px;"><em>Financial Accounting Standards Board – Accounting Standards Update (“FASB ASU”) 2014-09, Revenue from Contracts with Customers (Topic 606).</em></p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers (Topic 606).” This ASU affects any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards (e.g., insurance contracts or lease contracts). This ASU will supersede the revenue recognition requirements in Topic 605, Revenue Recognition, and most industry-specific guidance. This ASU also supersedes some cost guidance included in Subtopic 605-35, Revenue Recognition – Construction-Type and Production-Type Contracts. In addition, the existing requirements for the recognition of a gain or loss on the transfer of nonfinancial assets that are not in a contract with a customer (e.g., assets within the scope of Topic 360, Property, Plant, and Equipment, and tangible assets within the scope of Topic 350, Intangibles – Goodwill and Other) are amended to be consistent with the guidance on recognition and measurement (including the constraint on revenue) in this ASU.</p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity should apply the following steps:</p>
<ul>
<li style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-indent: 0.5in;"><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">Identify the contract(s) with a customer.</font></li>
<li style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-indent: 0.5in;"><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">Identify the performance obligations in the contract.</font></li>
<li style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-indent: 0.5in;"><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">Determine the transaction price.</font></li>
<li style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-indent: 0.5in;"><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">Allocate the transaction price to the performance obligations in the contract.</font></li>
<li style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-indent: 0.5in;"><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">Recognize revenue when (or as) the entity satisfies a performance obligation.</font></li>
</ul>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">The amendments in this ASU are effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early application is not permitted. The Company is evaluating the effect this ASU may have on its consolidated financial statements.</p>
</div>
</div>
5647000
184000
36000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Principles of Consolidation</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The consolidated financial statements include the accounts of the Company and the accounts of all the subsidiaries and investments in which a controlling interest is held by the Company. The consolidated financial statements represent the consolidated balance sheets, statements of operations, statements of stockholders' equity, statements of comprehensive income and statements of cash flows of Limoneira Company and its wholly owned subsidiaries. The Company's subsidiaries include: Limoneira Company International Division, LLC, Limoneira Mercantile, LLC, Windfall Investors, LLC, Templeton Santa Barbara, LLC and Associated Citrus Packers, Inc. All significant intercompany balances and transactions have been eliminated in consolidation. The Company considers the criteria established under the Financial Accounting Standards Board – Accounting Standards Code (“FASB ASC”) 810, <em>Consolidations </em>and the effect of variable interest entities, in its consolidation process.</p>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Use of Estimates</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The preparation of financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Accounts Receivable</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white;">The Company grants credit in the course of its operations to cooperatives, companies and lessees of the Company's facilities. The Company performs periodic credit evaluations of its customers' financial condition and generally does not require collateral. The Company provides allowances on its receivables as required based on accounts receivable aging and other factors. At October 31, 2014 and 2013 the allowances totaled $<font>442,000</font> and $<font>85,000</font>, respectively. The October 31, 2014 allowance includes $<font>220,000</font> provided for amounts due on certain brokered fruit sales, on which the Company earns a commission, with the corresponding amount recorded as a reduction to lemon supplier payables, which is included in accrued liabilities. For fiscal years 2014, 2013 and 2012 credit losses were insignificant.</p>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Concentrations</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company sells all of its avocado production to Calavo. Sales of avocados to Calavo were $<font>7,374,000</font>, $<font>11,683,000</font> and $<font>9,546,000</font> in fiscal years 2014, 2013 and 2012, respectively.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white;">Lemons procured from third-party growers were approximately <font>36</font>%, <font>52</font>% and <font>46</font>%, of lemon supply in fiscal years 2014, 2013 and 2012, respectively.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company maintains its cash in federally insured financial institutions. The account balances at these institutions periodically exceed Federal Deposit Insurance Corporation (“FDIC”) insurance coverage and, as a result, there is a concentration of risk related to amounts on deposit in excess of FDIC insurance coverage. The Company believes the risk is not significant.</p>
</div>
64000
308000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><strong>Cultural Costs</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Growing costs, also referred to as cultural costs, consist of orchard maintenance costs such as cultivation, fertilization and soil amendments, pest control, pruning and irrigation. Harvest costs are comprised of labor and equipment expenses incurred to harvest and deliver crops to the packinghouses.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Lemons, oranges, specialty citrus and other crops such as pistachio nuts, cherries and olives are grown in the Company's San Joaquin Valley orchards. Additionally, lemons are grown in the Company's Yuma County, Arizona orchards.  These crops have distinct growing periods and distinct harvest and selling periods, each of which lasts approximately four to six months.  During the growing period, cultural costs are capitalized as they are associated with benefiting and preparing the crops for the harvest and selling period.  During the harvest and selling period, harvest costs and cultural costs are expensed when incurred and capitalized cultural costs are amortized as components of agribusiness costs and expenses.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company grows lemons and avocados in its Ventura County orchards. Due to climate, growing conditions and the types of crops grown, the Ventura County orchards may be harvested and sold on a more year round basis.  Accordingly, the Company does not capitalize cultural costs associated with its Ventura County orchards and therefore such costs, as well as harvest costs associated with the Ventura County orchards, are expensed to operations when incurred as components of agribusiness costs and expenses.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Most cultural costs, including amortization of capitalized cultural costs, and harvest costs are associated with and charged to specific crops. Certain other costs, such as property taxes, indirect labor including farm supervision and management and irrigation that benefit multiple crops are allocated to crops on a per acre basis.</p>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Income Taxes</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Deferred income tax assets and liabilities are computed annually for differences between the financial statement and income tax bases of assets and liabilities that will result in taxable or deductible amounts in the future. Such deferred income tax asset and liability computations are based on enacted tax laws and rates applicable to periods in which the differences are expected to affect taxable income. A valuation allowance is established, when necessary, to reduce deferred income tax assets to the amount expected to be realized.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Tax benefits from an uncertain tax position are only recognized if it is more likely than not that the tax position will be sustained upon examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement.</p>
</div>
315000
167000
433000
1580000
1300
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Property, Plant and Equipment</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Property, plant and equipment is stated at original cost, net of accumulated depreciation. Depreciation is computed using the straight-line method at rates based upon the estimated useful lives of the related assets as follows (in years):</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<div>
<div class="CursorPointer">
<table cellspacing="0" cellpadding="0" style=" font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%; border-collapse: collapse;">
<tr style=" vertical-align: top;">
<td width="100%" style=" font-family : Times New Roman; border: none; vertical-align: bottom; white-space: nowrap;">Land improvements</td>
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<td style=" text-align: right; font-family : Times New Roman; border: none; vertical-align: bottom; white-space: nowrap;"><font>10</font> – <font>20</font></td>
</tr>
<tr style=" vertical-align: top;">
<td width="100%" style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;">Buildings and building improvements</td>
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<td style=" text-align: right; font-family : Times New Roman; border: none; vertical-align: bottom; white-space: nowrap;"><font>10</font> – <font>50</font></td>
</tr>
<tr style=" vertical-align: top;">
<td width="100%" style=" border: none; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;">Equipment</td>
<td style=" text-align: right; font-family : Times New Roman; border: none; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none; vertical-align: bottom; white-space: nowrap;">  <font>5</font> – <font>20</font></td>
</tr>
<tr style=" vertical-align: top;">
<td width="100%" style=" border: none; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;">Orchards</td>
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<td style=" text-align: right; font-family : Times New Roman; border: none; vertical-align: bottom; white-space: nowrap;"><font>20</font> – <font>40</font></td>
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</table>
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<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Costs of planting and developing orchards are capitalized until the orchards become commercially productive. Planting costs consist primarily of the costs to purchase and plant nursery stock. Orchard development costs consist primarily of maintenance costs of orchards such as cultivation, pruning, irrigation, labor, spraying and fertilization, and interest costs during the development period. The Company ceases the capitalization of costs and commences depreciation when the orchards become commercially productive and orchard maintenance costs are accounted for as Cultural Costs as described above.</p>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Capitalized Interest</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Interest is capitalized on real estate development projects and significant construction in progress using the weighted average interest rate during the fiscal year. Interest of $<font>2,315,000</font> and $<font>2,451,000</font> was capitalized during the years ended October 31, 2014, and 2013, respectively, and is included in property, plant, and equipment and real estate development assets in the Company's consolidated balance sheets.</p>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Real Estate Development Costs</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company capitalizes the planning, entitlement, construction, development costs and interest associated with its various real estate projects. Costs that are not capitalized, which include property maintenance and repairs, general and administrative and marketing expenses, are expensed as incurred. A real estate development project is considered substantially complete upon the cessation of construction and development activities. Once a project is substantially completed, future costs are expensed as incurred. The Company capitalized costs related to its real estate projects of $<font>5,104,000</font> and $<font>5,647,000</font> in fiscal years 2014 and 2013, respectively.</p>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Equity in Investments</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Investments in unconsolidated joint ventures in which the Company has significant influence but less than a controlling interest, or is not the primary beneficiary if the joint venture is determined to be a Variable Interest Entity (“VIE”), are accounted for under the equity method of accounting and, accordingly, are adjusted for capital contributions, distributions and the Company's equity in net earnings or loss of the respective joint venture.</p>
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<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Marketable Securities</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company classifies its marketable securities as available-for-sale. The Company's investments in marketable securities are stated at fair value with unrealized gains (losses), net of tax, reported as a component of accumulated other comprehensive income (loss) in the Company's consolidated statements of comprehensive income. At October 31, 2014 and 2013, marketable securities are comprised of the Company's investment in Calavo.</p>
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<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Long-Lived Assets</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company evaluates long-lived assets, including its definite-life intangible assets, for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. If the estimated undiscounted future cash flows from the use of an asset are less than the carrying value of that asset, a write-down is recorded to reduce the carrying value of the asset to its fair value. Assets held for sale are carried at the lower of cost or fair value less estimated cost to sell.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Based on results from independent appraisals and other factors which indicated that the fair values of certain real estate development assets were less than the carry values, the Company recognized impairment losses of $<font>435,000</font> and $<font>95,000</font> in fiscal years 2014 and 2013, respectively.</p>
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<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Fair Values of Financial Instruments</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The fair values of financial instruments are based on level-one indicators or quoted market prices, where available, or are estimated using the present value or other valuation techniques. Estimated fair values are significantly affected by the assumptions used.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Accounts receivable, notes receivable, accounts payable, growers payable and accrued liabilities reported on the Company's consolidated balance sheets approximate their fair values due to the short-term nature of the instruments.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Based on the borrowing rates currently available to the Company for bank loans with similar terms and maturities, the fair value of long-term debt is approximately equal to its carrying amount as of October 31, 2014 and 2013.</p>
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<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Derivative Financial Instruments</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company uses derivative financial instruments to manage its exposure to interest rates as well as to maintain an appropriate mix of fixed and floating-rate debt. Contract terms of a hedge instrument closely mirror those of the hedged item, providing a high degree of risk reduction and correlation. Contracts that are effective at meeting the risk reduction and correlation criteria are recorded using hedge accounting. If a derivative instrument is a hedge, depending on the nature of the hedge, changes in the fair value of the instrument will be either offset against the change in the fair value of the hedged assets, liabilities or firm commitments through earnings or be recognized in other comprehensive income until the hedged item is recognized in earnings. The ineffective portion of an instrument's change in fair value will be immediately recognized in earnings. Instruments that do not meet the criteria for hedge accounting, or contracts for which the Company has not elected hedge accounting, are valued at fair value with unrealized gains or losses reported in earnings during the period of change.</p>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Comprehensive Income (Loss)</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Comprehensive income (loss) represents all changes in a company's net assets, except changes resulting from transactions with shareholders, and is reported as a component of the Company's stockholders' equity.</p>
</div>
270000
1456000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0;"><strong>Revenue Recognition</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Revenue and related costs are recognized when (i) persuasive evidence of an arrangement exists, (ii) delivery has occurred, (iii) selling price is fixed or determinable and (iv) collectability is reasonably assured. The Company records a sales allowance in the period revenue is recognized as a provision for estimated customer discounts and concessions.</p>
<p style=" margin: 0px; font-family : Times New Roman; font-size: 10pt;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><em>Agribusiness revenue - </em>Revenue from lemon sales is generally recognized FOB shipping point when the customer takes possession of the fruit from the Company's packing house. Revenue from the sales of certain of the Company's agricultural products is recorded based on estimated proceeds provided by certain of the Company's sales and marketing partners (Calavo and other third-party packinghouses) due to the time between when the product is delivered by the Company and the closing of the pools for such fruits at the end of each month. Calavo and other third-party packinghouses are agricultural cooperatives or function in a similar manner as an agricultural cooperative. As such, the Company applies specific authoritative agriculture revenue recognition guidance related to transactions between patrons and agriculture marketing cooperatives to record revenue at time of delivery to the packinghouses relating to fruits that are in pools that have not yet closed at month end if (a) the related fruits have been delivered to and accepted by Calavo and other third-party packinghouses (i.e. title has transferred to Calavo and other third-party packinghouses) and (b) sales price information has been provided by Calavo and other third-party packinghouses (based on the marketplace activity for the related fruit) to estimate with reasonable certainty the final selling price for the fruit upon the closing of the pools. Historically, the revenue that is recorded based on the sales price information provided to the Company by Calavo and other third-party packinghouses at the time of delivery, have not materially differed from the actual amounts that are paid after the monthly pools are closed. The Company also earns commissions on certain brokered fruit sales, which totaled $<font>115,000</font>, $<font>53,000</font>, and $<font>33,000</font> in fiscal years 2014, 2013 and 2012, respectively.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company's avocados, oranges, specialty citrus and other specialty crops are packed and sold by Calavo and other third-party packinghouses. The Company delivers all of its avocado production from its orchards to Calavo. These avocados are then packed by Calavo at its packinghouse, and sold and distributed under Calavo brands to its customers primarily in the United States and Canada. The Company's arrangements with other third-party packinghouses related to its oranges, specialty citrus and other specialty crops are similar to its arrangement with Calavo.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company's arrangements with its third-party packinghouses are such that the Company is the producer and supplier of the product and the third-party packinghouses are the Company's customers.  The revenues the Company recognizes related to the fruits sold to the third-party packinghouses are based on the volume and quality of the fruits delivered, the market price for such fruit, less the packinghouses' charges to pack and market the fruit. Such packinghouse charges include the grading, sizing, packing, cooling, ripening and marketing of the related fruit.   The Company bears inventory risk until product is delivered to the third-party packinghouses at which time title and inventory risk to the product is transferred to the third-party packinghouses and revenue is recognized. Such third-party packinghouse charges are recorded as a reduction of revenue based on the application of specific authoritative revenue recognition guidance entitled “Vendor's Income Statement Characterization of Consideration Given to a Customer”.  The identifiable benefit the Company receives from the third-party packinghouses for packaging and marketing services cannot be sufficiently separated from the third-party packinghouses' purchase of the Company's products.  In addition, the Company is not able to reasonably estimate the fair value of the benefit received from the third-party packinghouses for such services and as such, these costs are characterized as a reduction of revenue in the Company's consolidated statement of operations.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Revenue from crop insurance proceeds is recorded when the amount of and the right to receive the payment can be reasonably determined. The Company recorded agribusiness revenues from crop insurance proceeds of $<font>184,000</font>, $<font>36,000</font> and $<font>64,000</font> in fiscal years 2014, 2013 and 2012, respectively.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><em>Rental operations revenue - </em>Minimum rental revenues are generally recognized on a straight-line basis over the respective initial lease term. Contingent rental revenues are contractually defined as to the percentage of rent received by the Company and are based on fees collected by the lessee. Such revenues are recognized when actual results, based on collected fees reported by the tenant, are received. The Company's rental arrangements generally require payment on a monthly or quarterly basis.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Incidental operations may occur during the holding or development period of real estate development projects to reduce holding or development costs. Incremental revenue from incidental operations in excess of incremental costs from incidental operations is accounted for as a reduction of development costs. Incremental costs from incidental operations in excess of incremental revenue from incidental operations are charged to operations.</p>
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<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Advertising Expense</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Advertising costs are expensed as incurred. Such costs in fiscal years 2014, 2013 and 2012 were $<font>308,000</font>, $<font>315,000</font> and $<font>167,000</font>, respectively.</p>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Leases</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Company records rent expense for its operating leases on a straight-line basis from the lease commencement date as defined in the lease agreement until the end of the base lease term.</p>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Basic and Diluted Net Income per Share</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Basic net income per common share is calculated using the weighted-average number of common shares outstanding during the period without consideration of the dilutive effect of preferred stock. Diluted net income per common share is calculated using the weighted-average number of common shares outstanding plus the dilutive effect of conversion of preferred stock. The Series B and Series B-2 convertible preferred shares are anti-dilutive.</p>
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814000
15035000
1103000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Reclassifications and Adjustments</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Certain reclassifications have been made to the prior years' consolidated financial statements to conform to the October 31, 2014 presentation.</p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0pt 0px; text-align: justify;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0pt 0px; text-align: justify;"><em>Immaterial Classification Error</em><font class="Apple-converted-space"> </font>- an immaterial error in classification of the Series B Convertible Preferred Stock was corrected in the October 31, 2013 consolidated financial statements which resulted in the reclassification of the Series B Convertible Preferred Stock in the amount of $<font>3,000,000</font> <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">out of stockholders</font><font style=" font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; color: rgb(31, 73, 125);">'</font><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;"><font class="Apple-converted-space"> </font>equity to temporary equity in the consolidated balance sheets. The Company has evaluated the materiality of this error both qualitatively and quantitatively in accordance with Staff Accounting Bulletin No. 99, Materiality, and determined that this error was not material to our previously reported consolidated financial statements as of October 31, 2013</font>.</p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0pt 0px; text-align: justify;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0pt 0px; text-align: justify;"><em>Other Reclassifications</em><font class="Apple-converted-space"> </font>- Equity in earnings (losses) of investments were reclassified as a component of other income (expense) from a separate line item following the income tax provision on the statement of operations.</p>
</div>
442000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Defined Benefit Retirement Plan</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">Company sponsors a defined benefit retirement plan that was frozen in June 2004, and no future benefits have been accrued to participants subsequent to that time.  Ongoing accounting for this plan under FASB ASC 715,<font class="Apple-converted-space"> </font></font><em style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px;">Compensation – Retirement Benefits,</em><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;"><font class="Apple-converted-space"> </font>provides guidance as to, among other things, future estimated pension expense, minimum pension liability and future minimum funding requirements.  This information is provided to the Company by third-party actuarial consultants.  In developing this data, certain estimates and assumptions are used, including among other things, discount rate, long-term rates of return and mortality tables. During 2014, the Society of Actuaries released a new mortality table, referred to as RP-2014, which is believed to better reflect mortality improvements and is to be used in calculating defined benefit pension obligations. In addition, during fiscal year 2014, the assumed discount rate used to measure the pension obligation decreased from <font>4.4</font>% to <font>4.0</font>% as a result of changes in market interest rates. The Company used RP-2014 to measure its pension obligation as of October 31, 2014 and combined with the decrease in the assumed discount rate, its pension obligation increased $<font>2,730,000</font> as of October 31, 2014 with a corresponding decrease in other comprehensive income recognized net of tax. Further changes in any of these estimates could materially affect the amounts recorded that are related to our defined benefit retirement plan</font>.</p>
</div>
355000
375000
1751000
4382000
491000
680000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><strong>Recent Accounting Pronouncements</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px;"><em>Financial Accounting Standards Board – Accounting Standards Update (“FASB ASU”) 2014-09, Revenue from Contracts with Customers (Topic 606).</em></p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers (Topic 606).” This ASU affects any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards (e.g., insurance contracts or lease contracts). This ASU will supersede the revenue recognition requirements in Topic 605, Revenue Recognition, and most industry-specific guidance. This ASU also supersedes some cost guidance included in Subtopic 605-35, Revenue Recognition – Construction-Type and Production-Type Contracts. In addition, the existing requirements for the recognition of a gain or loss on the transfer of nonfinancial assets that are not in a contract with a customer (e.g., assets within the scope of Topic 360, Property, Plant, and Equipment, and tangible assets within the scope of Topic 350, Intangibles – Goodwill and Other) are amended to be consistent with the guidance on recognition and measurement (including the constraint on revenue) in this ASU.</p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity should apply the following steps:</p>
<ul>
<li style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-indent: 0.5in;"><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">Identify the contract(s) with a customer.</font></li>
<li style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-indent: 0.5in;"><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">Identify the performance obligations in the contract.</font></li>
<li style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-indent: 0.5in;"><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">Determine the transaction price.</font></li>
<li style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-indent: 0.5in;"><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">Allocate the transaction price to the performance obligations in the contract.</font></li>
<li style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-indent: 0.5in;"><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">Recognize revenue when (or as) the entity satisfies a performance obligation.</font></li>
</ul>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">The amendments in this ASU are effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. Early application is not permitted. The Company is evaluating the effect this ASU may have on its consolidated financial statements.</p>
</div>
85000
7374000
11683000
9546000
0.36
0.52
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div class="CursorPointer">
<table cellspacing="0" cellpadding="0" style=" font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%; border-collapse: collapse;">
<tr style=" vertical-align: top;">
<td width="100%" style=" font-family : Times New Roman; border: none; vertical-align: bottom; white-space: nowrap;">Land improvements</td>
<td style=" text-align: right; font-family : Times New Roman; border: none; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none; vertical-align: bottom; white-space: nowrap;"><font>10</font> – <font>20</font></td>
</tr>
<tr style=" vertical-align: top;">
<td width="100%" style=" font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;">Buildings and building improvements</td>
<td style=" text-align: right; font-family : Times New Roman; border: none; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none; vertical-align: bottom; white-space: nowrap;"><font>10</font> – <font>50</font></td>
</tr>
<tr style=" vertical-align: top;">
<td width="100%" style=" border: none; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;">Equipment</td>
<td style=" text-align: right; font-family : Times New Roman; border: none; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none; vertical-align: bottom; white-space: nowrap;">  <font>5</font> – <font>20</font></td>
</tr>
<tr style=" vertical-align: top;">
<td width="100%" style=" border: none; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;">Orchards</td>
<td style=" text-align: right; font-family : Times New Roman; border: none; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none; vertical-align: bottom; white-space: nowrap;"><font>20</font> – <font>40</font></td>
</tr>
</table>
</div>
</div>
0.46
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div class="CursorPointer">
<table cellpadding="0" cellspacing="0" style=" font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%; border-collapse: collapse;">
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Cultural costs</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); padding-right: 8px; margin: 0px; vertical-align: bottom; width: 5%;">$</td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>1,456,000</font></td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Other current assets</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>814,000</font></td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Land</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>15,035,000</font></td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Land improvements</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>1,103,000</font></td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Buildings and building improvements</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>355,000</font></td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Equipment</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>1,751,000</font></td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Orchards</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>4,382,000</font></td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Other assets</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>491,000</font></td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Goodwill</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: right; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); width: 5%;"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>680,000</font></td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: right; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Total assets acquired</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>26,067,000</font></td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" vertical-align: bottom; text-align: left; font-family : Times New Roman; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" vertical-align: bottom; text-align: left; font-family : Times New Roman; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); width: 5%;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Current liabilities</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(216,000</font></td>
<td align="left" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><font>)</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Long-term debt</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>(24,000</font></td>
<td align="left" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); padding-right: 8px; margin: 0pt; vertical-align: bottom;"><font>)</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Deferred income taxes</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: right; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; width: 5%;"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(7,247,000</font></td>
<td align="left" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><font>)</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Total liabilities assumed</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: right; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); width: 5%;"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>(7,487,000</font></td>
<td align="left" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); padding-right: 8px; margin: 0pt; vertical-align: bottom;"><font>)</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Fair value of net assets acquired</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom; width: 5%;">$                                         </td>
<td align="right" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>18,580,000</font></td>
<td style=" border-bottom-width: 2.8px; border-style: none none double; text-align: right; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
</table>
</div>
</div>
60
760
8750000
1130000
5180000
309000
60000
150000
601000
1320000
8750000
88900000
5879000
70140000
4562000
705000
15959000
1041000
26067000
216000
24000
7247000
7487000
18580000
25
486000
2809000
291000
86667000
4973000
69632000
2072000
1363000
24270000
1782000
1782000
0.029
48.54
29.69
22948000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div style=" width: 100%;">
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><strong>3. Acquisitions</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><strong>Agriculture Property Acquisitions</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">In April 2013, the Company purchased land for use as a citrus orchard for a purchase price of $<font>375,000</font> cash. The acquisition was for approximately <font>25</font> acres of agricultural property located adjacent to the Sheldon Ranch, which is leased by the Company. This acquisition was accounted for as an asset purchase with substantially the entire purchase price allocated to land and included in property, plant and equipment on the Company's consolidated balance sheet at October 31, 2013.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">In August 2012, the Company purchased land for use as a citrus orchard for a cash purchase price of $<font>1,363,000</font>. The acquisition was for <font>230</font> acres of agricultural property adjacent to the Company's leased orchards in Lindsay, California. This acquisition was accounted for as an asset purchase with substantially the entire purchase price allocated to land and included in property, plant and equipment on the Company's consolidated balance sheets at October 31, 2013 and 2012.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">In April 2012, the Company purchased land for use as a citrus orchard for a cash purchase price of $<font>433,000</font>. The acquisition was for <font>60</font> acres of agricultural property located in close proximity to the Company's existing orchards in Porterville, California. This acquisition was accounted for as an asset purchase with substantially the entire purchase price allocated to land and included in property, plant and equipment on the Company's consolidated balance sheet at October 31, 2013 and 2012.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><strong>Business Combinations </strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><strong>Yuma Packinghouse</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">On June 30, 2014, the Company acquired the packing house property, equipment and certain intangible assets of Marlin Packing Company from its sole shareholder, Marlin Ranching Company. Both companies are privately owned Arizona corporations located in Yuma, Arizona. No liabilities were assumed in the acquisition. The purchase price was $<font>1,700,000</font>, comprised of <font>23,455</font> unregistered shares of the Company's common stock valued at $<font>518,600</font>, $<font>700,000</font> in cash, contingent consideration consisting of an earn-out with a fair value of $<font>300,000</font> and a deferred cash payment of $<font>181,400</font> to be paid upon the completion of certain land remediation activities required by the seller. The earn-out has a maximum value of $<font>400,000</font> in cash based on the operating profits of the acquired business, as defined in the purchase agreement, over a five-year period ending October 31, 2019. The liability for the fair value of the earn-out is included in other long term liabilities and the deferred cash payment is included in accrued liabilities in the accompanying October 31, 2014 balance sheet. Transaction costs associated with the acquisition were not significant and were expensed in the year ended October 31, 2014. The results of operations of the Yuma packinghouse have been included in the consolidated results of operations from the acquisition date.</p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify;">The following is a summary of the fair value of the assets acquired on the date of acquisition based on a third-party valuation, which is considered a Level 3 fair value measurement under FASB ASC 820, <em>Fair Value Measurements and Disclosures</em>:</p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-align: justify; text-indent: 0.5in;"> </p>
<div class="CursorPointer" style=" width: 1832px;"></div>
<div>
<div class="CursorPointer">
<table cellpadding="0" cellspacing="0" style=" font-family : Times New Roman; letter-spacing: normal; orphans: auto; text-indent: 0px; text-transform: none; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; border-collapse: collapse; width: 100%;">
<tr style=" vertical-align: bottom; background-color: rgb(204, 238, 255);">
<td style=" text-align: justify; vertical-align: bottom; width: 90%;">Building</td>
<td style=" vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom; text-align: left; width: 8%;">$</td>
<td align="right" style=" white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>395,000</font></td>
<td style=" text-align: left; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: white;">
<td style=" text-align: justify; vertical-align: bottom; width: 90%;">Land and improvements</td>
<td style=" vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; vertical-align: bottom; white-space: nowrap; width: 8%;"> </td>
<td align="right" style=" white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>260,000</font></td>
<td style=" text-align: left; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: rgb(204, 238, 255);">
<td style=" text-align: justify; vertical-align: bottom; width: 90%;">Equipment</td>
<td style=" vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; vertical-align: bottom; white-space: nowrap; width: 8%;"> </td>
<td align="right" style=" white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>885,000</font></td>
<td style=" text-align: left; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: white;">
<td style=" text-align: justify; vertical-align: bottom; width: 90%;">Customer relationships</td>
<td style=" vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" border-bottom-color: black; border-bottom-width: 1pt; border-bottom-style: solid; text-align: left; vertical-align: bottom; white-space: nowrap; width: 8%;"> </td>
<td align="right" style=" border-bottom-color: black; border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>160,000</font></td>
<td style=" text-align: left; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: rgb(204, 238, 255);">
<td style=" text-align: justify; vertical-align: bottom; width: 90%;">Fair value of assets acquired</td>
<td style=" vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" border-bottom-color: black; border-bottom-width: 2.8px; border-bottom-style: double; white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom; text-align: left; width: 8%;">$</td>
<td align="right" style=" border-bottom-color: black; border-bottom-width: 2.8px; border-bottom-style: double; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>1,700,000</font></td>
<td style=" text-align: left; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
</table>
</div>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px; text-indent: 0.5in;"> </p>
</div>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px;">Customer relationships are subject to amortization over an estimated life of five years.</p>
<p style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; margin: 0px;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0px; color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 10pt; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; font-stretch: normal; text-align: justify;">Revenue and net loss of $<font>136,000</font> and $<font>522,000</font>, respectively, of the Yuma packinghouse are included in the Company's consolidated statement of operations for fiscal year 2014. The results of operations of the Yuma packinghouse were not material to the Company's pro forma consolidated statements of operations for the years ended October 31, 2013 and 2012 had the Yuma packinghouse been included in the consolidated results from the beginning of each year.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"><strong>Lemons 400</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">On October 11, 2013, the Company completed the acquisition of approximately <font>760</font> acres of agricultural property in the town of Porterville in Tulare County, California (“Lemons 400”) for $<font>8,750,000</font> cash. This property consists of approximately 400 acres of productive lemon orchards and 360 acres primarily utilized for cattle grazing. The acquisition also included water assets and agricultural equipment and supplies.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">The following is a summary of the fair value of the assets acquired on the date of acquisition based on a third-party valuation, which is considered a Level 3 fair value measurement under FASB ASC 820, </font><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;"><em>Fair Value Measurements and Disclosures</em></font><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">:</font></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<div class="CursorPointer">
<div>
<table cellpadding="0" cellspacing="0" style=" font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; border-collapse: collapse; width: 100%;">
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Cultural costs</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom; text-align: left; width: 5%;">$</td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>1,130,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Land</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; background-color: rgb(204, 238, 255); padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; white-space: nowrap; background-color: rgb(204, 238, 255); width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>5,180,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Land improvements</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; white-space: nowrap; width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>309,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Buildings and building improvements</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; background-color: rgb(204, 238, 255); padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; white-space: nowrap; background-color: rgb(204, 238, 255); width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>60,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Equipment</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; white-space: nowrap; width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>150,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Orchards</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; background-color: rgb(204, 238, 255); padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; white-space: nowrap; background-color: rgb(204, 238, 255); width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>601,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Investment in mutual water company</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; white-space: nowrap; width: 5%;"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>1,320,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Fair value of assets acquired</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; background-color: rgb(204, 238, 255); padding-right: 8px;"> </td>
<td style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); text-align: left; width: 5%;">$                                           </td>
<td align="right" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: rgb(204, 238, 255);"><font>8,750,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
</table>
</div>
</div>
<div class="CursorPointer"></div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Results of operations are included in the Company's fiscal year 2013 consolidated statement of operations from the date of acquisition but are not significant due to the short time period from the acquisition date to the Company's fiscal year end of October 31, 2013.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The unaudited, pro forma consolidated statement of operations as if the acquisition had been included in the consolidated results of the Company for the entire year ended October 31, 2013, results in revenue of $<font>88,900,000</font> and net income of $<font>5,879,000</font>. The unaudited, pro forma consolidated statement of operations as if the acquisition had been included in the consolidated results of the Company for the entire year ended October 31, 2012 results in revenue of $<font>70,140,000</font> and net income of $<font>4,562,000</font>.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Associated Citrus Packers</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">On September 6, 2013 the Company acquired of all of the outstanding stock of Associated, a privately owned Arizona corporation, for $<font>18,580,000</font>. The purchase price consisted of the issuance of <font>705,000</font> unregistered shares of the Company's common stock with an aggregate value of $<font>15,959,000</font> based on the Company's stock price on the acquisition date, $<font>1,041,000</font> in cash and the repayment of $<font>1,580,000</font> in Associated's long term <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">debt. The acquisition was structured as a tax-free reorganization under section 368 of the Internal Revenue Code. Upon</font> completion of the acquisition, Associated became a wholly-owned subsidiary of the Company. Associated owns approximately <font>1,300</font> acres of property in Yuma County, Arizona, comprised of 950 acres of productive lemon orchards, 350 acres of other crops and agriculture equipment and facilities. Transaction costs incurred in connection with the acquisition were approximately $<font>270,000</font>, which are included in selling, general and administrative expense. The results of operations of Associated have been included in the consolidated results of operations from the acquisition date.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">The following is a summary of the fair value of the assets acquired on the date of acquisition based on a third-party valuation, which is considered a Level 3 fair value measurement under FASB ASC 820, </font><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;"><em>Fair Value Measurements and Disclosures</em></font><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">:</font></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<div>
<div class="CursorPointer">
<table cellpadding="0" cellspacing="0" style=" font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%; border-collapse: collapse;">
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Cultural costs</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); padding-right: 8px; margin: 0px; vertical-align: bottom; width: 5%;">$</td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>1,456,000</font></td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Other current assets</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>814,000</font></td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Land</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>15,035,000</font></td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Land improvements</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>1,103,000</font></td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Buildings and building improvements</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>355,000</font></td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Equipment</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>1,751,000</font></td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Orchards</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>4,382,000</font></td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Other assets</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>491,000</font></td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Goodwill</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: right; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); width: 5%;"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>680,000</font></td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: right; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Total assets acquired</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>26,067,000</font></td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" vertical-align: bottom; text-align: left; font-family : Times New Roman; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" vertical-align: bottom; text-align: left; font-family : Times New Roman; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); width: 5%;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Current liabilities</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(216,000</font></td>
<td align="left" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><font>)</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Long-term debt</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>(24,000</font></td>
<td align="left" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); padding-right: 8px; margin: 0pt; vertical-align: bottom;"><font>)</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Deferred income taxes</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: right; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; width: 5%;"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>(7,247,000</font></td>
<td align="left" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><font>)</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Total liabilities assumed</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255); margin: 0pt; padding-right: 8px;"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: right; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255); width: 5%;"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>(7,487,000</font></td>
<td align="left" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); padding-right: 8px; margin: 0pt; vertical-align: bottom;"><font>)</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Fair value of net assets acquired</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom; width: 5%;">$                                         </td>
<td align="right" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>18,580,000</font></td>
<td style=" border-bottom-width: 2.8px; border-style: none none double; text-align: right; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
</table>
</div>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;">Of the $<font>491,000</font> of acquired other assets, $<font>486,000</font> was assigned to trade names and trademarks that are subject to amortization over an estimated life of <font>8</font> years.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;">Revenue of $<font>2,809,000</font> and net income of $<font>291,000</font> of Associated are included in the Company's consolidated statement of operations from the acquisition date to the period ended October 31, 2013.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The unaudited, pro forma consolidated statement of operations as if Associated had been included in the consolidated results of the Company for the entire year ended October 31, 2013 results in revenue of $<font>86,667,000</font> and net income of $<font>4,973,000</font>. The unaudited, pro forma consolidated statement of operations as if Associated had been included in the consolidated results of the Company for the entire year ended October 31, 2012 results in revenue of $<font>69,632,000</font> and net income of $<font>2,072,000</font>.</p>
</div>
</div>
230
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<table cellpadding="0" cellspacing="0" style=" font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; border-collapse: collapse; width: 100%;">
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Cultural costs</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom; text-align: left; width: 5%;">$</td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>1,130,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Land</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; background-color: rgb(204, 238, 255); padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; white-space: nowrap; background-color: rgb(204, 238, 255); width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>5,180,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Land improvements</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; white-space: nowrap; width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>309,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Buildings and building improvements</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; background-color: rgb(204, 238, 255); padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; white-space: nowrap; background-color: rgb(204, 238, 255); width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>60,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Equipment</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; white-space: nowrap; width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>150,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Orchards</td>
<td style=" font-family : Times New Roman; vertical-align: bottom; margin: 0pt; background-color: rgb(204, 238, 255); padding-right: 8px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; white-space: nowrap; background-color: rgb(204, 238, 255); width: 5%;"> </td>
<td align="right" style=" font-family : Times New Roman; border: none rgb(0, 0, 0); white-space: nowrap; background-color: rgb(204, 238, 255); margin: 0pt; vertical-align: bottom;"><font>601,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom;">Investment in mutual water company</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; padding-right: 8px;"> </td>
<td style=" border-bottom-width: 1pt; border-style: none none solid; text-align: left; font-family : Times New Roman; border-color: rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; white-space: nowrap; width: 5%;"> </td>
<td align="right" style=" border-bottom-width: 1pt; border-style: none none solid; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom;"><font>1,320,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td width="100%" style=" text-align: justify; font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; background-color: rgb(204, 238, 255);">Fair value of assets acquired</td>
<td style=" font-family : Times New Roman; border: none rgb(0, 0, 0); vertical-align: bottom; margin: 0pt; background-color: rgb(204, 238, 255); padding-right: 8px;"> </td>
<td style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; padding-right: 8px; margin: 0px; vertical-align: bottom; background-color: rgb(204, 238, 255); text-align: left; width: 5%;">$                                           </td>
<td align="right" style=" border-bottom-width: 2.8px; border-style: none none double; font-family : Times New Roman; border-color: rgb(0, 0, 0); white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: rgb(204, 238, 255);"><font>8,750,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; vertical-align: bottom; white-space: nowrap; background-color: rgb(204, 238, 255);"> </td>
</tr>
</table>
</div>
6118000
153255000
132043000
47822000
45833000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>4. Fair Value Measurements</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Under the FASB ASC 820, <em>Fair Value Measurements and Disclosures</em>, a fair value measurement is determined based on the assumptions that a market participant would use in pricing an asset or liability. A three-tiered hierarchy draws distinctions between market participant assumptions based on (i) observable inputs such as quoted prices in active markets (Level 1), (ii) inputs other than quoted prices in active markets that are observable either directly or indirectly (Level 2) and (iii) unobservable inputs that require the Company to use present value and other valuation techniques in the determination of fair value (Level 3).</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The following table sets forth the Company's financial assets and liabilities as of October 31, 2014, and 2013 that are measured on a recurring basis during the period, segregated by level within the fair value hierarchy:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<div>
<div class="CursorPointer">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Level 1</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Level 2</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Level 3</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Total</strong></td>
<td style=" font-family : Times New Roman; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Assets at fair value:</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td align="left" style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 52%; text-align: left;">Available- for -sale securities</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 12%; text-align: right; vertical-align: bottom; white-space: nowrap;"><font>24,270,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 12%; text-align: right;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 12%; text-align: right;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 12%; text-align: right; vertical-align: bottom; white-space: nowrap;"><font>24,270,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Liabilities at fair value:</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Derivatives</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,782,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,782,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
</table>
</div>
<div class="CursorPointer"><br/>
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman;"><strong>2013</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Level 1</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Level 2</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Level 3</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Total</strong></td>
<td style=" font-family : Times New Roman; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Assets at fair value:</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td align="left" style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 52%; text-align: left;">Available- for -sale securities</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 12%; text-align: right; vertical-align: bottom; white-space: nowrap;"><font>14,845,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 12%; text-align: right;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 12%; text-align: right;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 12%; text-align: right; vertical-align: bottom; white-space: nowrap;"><font>14,845,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Liabilities at fair value:</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Derivatives</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>2,240,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>2,240,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
</table>
</div>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Available-for-sale securities consist of marketable securities in Calavo Growers, Inc. common stock. The Company currently owns <font>500,000</font> shares, representing approximately <font>2.9</font>% of Calavo's outstanding common stock. These securities are measured at fair value by quoted market prices. Calavo's stock price at October 31, 2014 and 2013 was $<font>48.54</font> and $<font>29.69</font> per share, respectively.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The derivative consists of an interest rate swap (see Note 14); the fair value is estimated using industry-standard valuation models. Such models project future cash flows and discount the future amounts to a present value using market-based observable inputs.</p>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div class="CursorPointer">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Level 1</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Level 2</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Level 3</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Total</strong></td>
<td style=" font-family : Times New Roman; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Assets at fair value:</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td align="left" style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 52%; text-align: left;">Available- for -sale securities</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 12%; text-align: right; vertical-align: bottom; white-space: nowrap;"><font>24,270,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 12%; text-align: right;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 12%; text-align: right;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 12%; text-align: right; vertical-align: bottom; white-space: nowrap;"><font>24,270,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Liabilities at fair value:</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Derivatives</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,782,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>1,782,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
</table>
</div>
<div class="CursorPointer"><br/>
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman;"><strong>2013</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><strong> </strong></td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Level 1</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Level 2</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Level 3</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" text-align: center; border-bottom: #000000 1pt solid; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"><strong>Total</strong></td>
<td style=" font-family : Times New Roman; padding: 0px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Assets at fair value:</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td align="left" style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 52%; text-align: left;">Available- for -sale securities</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 12%; text-align: right; vertical-align: bottom; white-space: nowrap;"><font>14,845,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 12%; text-align: right;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td align="right" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 12%; text-align: right;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 12%; text-align: right; vertical-align: bottom; white-space: nowrap;"><font>14,845,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Liabilities at fair value:</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-indent: 9.9pt; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Derivatives</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>2,240,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"><font>–</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>2,240,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
</table>
</div>
</div>
24270000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>5. Prepaid Expenses and Other Current Assets</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Prepaid expenses and other current assets consist of the following at October 31:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<div>
<div class="CursorPointer">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: left; width: 80%; background-color: #CCEEFF;">Prepaid insurance</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; white-space: nowrap; width: 10%; vertical-align: bottom; background-color: #CCEEFF;"><font>568,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; white-space: nowrap; width: 10%; vertical-align: bottom; background-color: #CCEEFF;"><font>557,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Prepaid supplies</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>982,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>909,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Net current deferred income tax assets</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>751,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>508,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Tree and other deposits</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>578,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>217,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;">Other</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF; border-bottom: #000000 1pt solid;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF; border-bottom: #000000 1pt solid;"><font>970,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; border-bottom: #000000 1pt solid; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; font-size: 10pt; font-style: normal; font-weight: normal; border-bottom: #000000 1pt solid; background-color: #CCEEFF;"><font>781,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>3,849,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>2,972,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
</table>
</div>
</div>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div class="CursorPointer">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: left; width: 80%; background-color: #CCEEFF;">Prepaid insurance</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; white-space: nowrap; width: 10%; vertical-align: bottom; background-color: #CCEEFF;"><font>568,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; text-align: right; white-space: nowrap; width: 10%; vertical-align: bottom; background-color: #CCEEFF;"><font>557,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Prepaid supplies</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>982,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>909,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Net current deferred income tax assets</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>751,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>508,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Tree and other deposits</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>578,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>217,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;">Other</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF; border-bottom: #000000 1pt solid;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF; border-bottom: #000000 1pt solid;"><font>970,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; border-bottom: #000000 1pt solid; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; font-size: 10pt; font-style: normal; font-weight: normal; border-bottom: #000000 1pt solid; background-color: #CCEEFF;"><font>781,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; font-size: 10pt; font-style: normal; font-weight: normal; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>3,849,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>2,972,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
</table>
</div>
</div>
568000
557000
982000
909000
578000
217000
3448000
2380000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>6. Property, Plant and Equipment</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Property, plant and equipment consist of the following at October 31:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<div>
<div class="CursorPointer">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 80%; background-color: #CCEEFF;">Land</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" width="80%" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 10%; vertical-align: bottom; white-space: nowrap; text-align: right; background-color: #CCEEFF;"><font>47,246,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 10%; vertical-align: bottom; white-space: nowrap; text-align: right; background-color: #CCEEFF;"><font>47,008,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Land improvements</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>16,715,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>14,803,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Buildings and building improvements</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>12,948,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>12,446,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman;">Equipment</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>28,048,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>25,965,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; background-color: #CCEEFF;">Orchards</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>25,350,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>25,703,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Construction in progress</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>22,948,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>6,118,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>153,255,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>132,043,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Less accumulated depreciation</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(47,822,000)</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(45,833,000)</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>105,433,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>86,210,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Depreciation expense was $<font><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">3,448,000</font></font>, $<font>2,380,000</font> and $<font>2,118,000</font> for fiscal years 2014, 2013 and 2012, respectively.</p>
</div>
</div>
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div class="CursorPointer">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 80%; background-color: #CCEEFF;">Land</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" width="80%" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 10%; vertical-align: bottom; white-space: nowrap; text-align: right; background-color: #CCEEFF;"><font>47,246,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 10%; vertical-align: bottom; white-space: nowrap; text-align: right; background-color: #CCEEFF;"><font>47,008,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Land improvements</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>16,715,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>14,803,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Buildings and building improvements</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>12,948,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>12,446,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman;">Equipment</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>28,048,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>25,965,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; background-color: #CCEEFF;">Orchards</td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>25,350,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>25,703,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Construction in progress</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>22,948,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>6,118,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>153,255,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>132,043,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Less accumulated depreciation</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(47,822,000)</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>(45,833,000)</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>105,433,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>86,210,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
</table>
</div>
</div>
47246000
47008000
16715000
14803000
12948000
12446000
28048000
25965000
25350000
25703000
2118000
55016000
51538000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div class="CursorPointer">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 80%; text-align: left; background-color: #CCEEFF;">East Areas 1 and 2 (Santa Paula Gateway)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; width: 10%; text-align: right; vertical-align: bottom; background-color: #CCEEFF;"><font>55,016,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; width: 10%; text-align: right; vertical-align: bottom; background-color: #CCEEFF;"><font>51,538,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Templeton Santa Barbara, LLC</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>11,039,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>11,276,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Windfall Investors, LLC</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>22,033,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>20,605,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>88,088,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>83,419,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
</table>
</div>
</div>
11039000
11276000
22033000
20605000
550
3478000
4686000
198000
744000
129000
32000
20000
8300000
16842000
1428000
749000
<div id='EdgarSAA123457890000' style="font-family : 'Times New Roman';">
<div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>7. Real Estate Development</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">Real estate development assets are comprised primarily of land and land development costs and consist of the following at October 31:</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<div>
<div class="CursorPointer">
<table cellpadding="0" cellspacing="0" style=" border-collapse: collapse; font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 10pt; line-height: normal; font-family : Times New Roman; width: 100%;">
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2014</strong></td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; text-align: center;"> </td>
<td colspan="2" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: #000000 1pt solid; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; text-align: center;"><strong>2013</strong></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td align="left" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; width: 80%; text-align: left; background-color: #CCEEFF;">East Areas 1 and 2 (Santa Paula Gateway)</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; width: 10%; text-align: right; vertical-align: bottom; background-color: #CCEEFF;"><font>55,016,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap; background-color: #CCEEFF;">$</td>
<td align="right" valign="bottom" style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; width: 10%; text-align: right; vertical-align: bottom; background-color: #CCEEFF;"><font>51,538,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;">Templeton Santa Barbara, LLC</td>
<td style=" font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>11,039,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" white-space: nowrap; padding-right: 5px; padding-left: 5px; font-family : Times New Roman;"> </td>
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>11,276,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
<tr style=" vertical-align: bottom; background-color: #CCEEFF;">
<td style=" text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;">Windfall Investors, LLC</td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>22,033,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
<td style=" border-bottom: #000000 1pt solid; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap; background-color: #CCEEFF;"><font>20,605,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px; background-color: #CCEEFF;"> </td>
</tr>
<tr style=" vertical-align: bottom;">
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>88,088,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-bottom: none; border-color: #000000; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
<td style=" border-bottom: #000000 2.80pt double; text-align: left; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; padding-right: 10px; white-space: nowrap;">$</td>
<td style=" border-bottom: #000000 2.80pt double; text-align: right; font-family : Times New Roman; border-left: none; border-right: none; border-top: none; border-color: #000000; padding: 0px; vertical-align: bottom; white-space: nowrap;"><font>83,419,000</font></td>
<td style=" text-align: left; font-family : Times New Roman; padding: 0px; white-space: nowrap; padding-right: 5px; padding-left: 5px;"> </td>
</tr>
</table>
</div>
</div>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>East Areas 1 and 2</strong><strong style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px;"><font class="Apple-converted-space"> </font>(Santa Paula Gateway)</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">In fiscal year 2005, the Company began capitalizing the costs of <font>two</font> real estate development projects east of Santa Paula, California, for the development of <font>550</font> acres of land into residential units, commercial buildings and civic facilities. During fiscal years 2014 and 2013, the Company capitalized $<font>3,478,000</font> and $<font>4,154,000</font>, respectively, of costs related to these real estate development projects. Additionally, in connection with these projects, the Company incurred expenses of $<font>17,000</font>, $<font>11,000</font> and $<font>63,000</font> in fiscal years 2014, 2013 and 2012, respectively.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">On August 24, 2010, the Company entered into an amendment (the “Amendment”) to a Real Estate Advisory Management Consultant Agreement (the “Consultant Agreement”) with Parkstone Companies, Inc. (the “Consultant”) dated April 1, 2004, that includes provisions for the Consultant to earn a success fee (the “Success Fee”) upon the annexation by the City of Santa Paula, California of East Area I. Under the terms of the Amendment, the Company agrees to pay the Success Fee in an amount equal to <font>4</font>% of the incremental Property Value under a formula defined in the Amendment.  The Success Fee is due and payable <font>120</font> days following the earlier to occur of (a) the sale of all or any portion of East Area I, including any unrelated third party material investment in the property, (b) the determination of an appraised value of the East Area I or (c) the second anniversary of the property annexation (each a “Success Fee Event”).</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The Success Fee, if any, shall be paid in cash, shares of the Company's common stock, or any combination of the forgoing at the sole discretion of the Company.  The Success Fee is based on the calculated value of the property, which can vary over time until the settlement date. Accordingly, the Success Fee will be “marked to market” periodically to recognize the potential variability in the property value. Changes in the value, if any, will be recorded to capitalized development costs and additional paid in capital (“APIC”). To the extent that it becomes probable that cash will be used in the settlement rather than stock, such amount of cash will be classified as a liability rather than APIC.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">If the Success Fee is paid in shares of common stock, deemed to be an equity award, the amount of common stock paid will be determined using a price per share equal to the average of closing prices of the common stock on the NASDAQ Global Market for the <font>20</font> trading days ending on the last trading day prior to the earliest occurring Success Fee Event; provided, however, that the price per share shall be no less than $<font>16.00</font> per share. Previously recognized capitalized development costs will be adjusted to reflect the calculated value of the property upon settlement. The related APIC amount will be adjusted to common stock to reflect the issuance of common stock. To the extent that it becomes probable that cash will be used in the settlement rather than stock, such amount of cash will be classified as a liability rather than APIC / common stock. As of October 31, 2014, the estimated amount of the Success Fee was zero.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">In connection with facilitating the annexation of East Area 1 into the City of Santa Paula, during February 2014, the Company entered into a Capital Improvement Cost Sharing Agreement for Improvements to Santa Paula Creek Channel (the “Cost Sharing Agreement”) with the Ventura County Watershed Protection District (the “District”). The Cost Sharing Agreement requires the Company to reimburse the District <font>28.5</font>% of the costs of the improvements, up to a maximum of $<font>5,000,000</font>. Additionally, the Company is required to pay the cost of preparing a study to determine a feasible scope of work and budget for the improvements</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">On May 8, 2013, the Company amended the mitigation agreement it has with the Santa Paula Union High School District, which is associated with the East Area 1 development agreement. In exchange for the release of approximately <font>7</font> acres of property previously reserved for school facilities within East Area 1, subject to certain conditions, the amendment requires the Company to pay a total of $<font>1,750,000</font> comprised of $<font>1,000,000</font> that was paid in June of 2013 and in increase in school facility fees of $<font>1,500</font> per unit for each of the first <font>500</font> certificates of occupancy issued in connection with the residential development of East Area 1. Such costs have and will be capitalized as real estate development costs.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">In May 2013, the Ventura Local Area Formation Commission unanimously approved the annexation of the East Area 2 real estate development project into the City of Santa Paula. The annexation was recorded during August 2013.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Templeton Santa Barbara, LLC</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">The <font>three</font> real estate development parcels within the Templeton Santa Barbara, LLC project (“Templeton Project”) are described as Centennial Square (“Centennial”), The Terraces at Pacific Crest (“Pacific Crest”) and Sevilla. The carrying values of Centennial, Pacific Crest and Sevilla at October 31, 2014 were $<font>2,983,000</font>, $<font>3,370,000</font> and $<font>4,686,000</font>, respectively.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">During fiscal years 2014 and 2013, the Company capitalized $<font>198,000</font> and $<font>744,000</font>, respectively, of costs related to these real estate development projects. Additionally, in relation to these projects, the Company has incurred net expenses of $<font>129,000</font>, $<font>32,000</font> and $<font>20,000</font> in fiscal years 2014, 2013 and 2012, respectively.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">On November 29, 2013, the Company entered into a Purchase and Sale Agreement and Escrow Instructions to sell Sevilla and Pacific Crest for a combined purchase price of $<font>8,300,000</font>. <font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">The sale transactions were not completed but an impairment charge of $95,000 was recognized in fiscal year 2013 for the difference in expected net proceeds and the book value of the properties at October 31, 2013.</font></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><font style=" color: rgb(0, 0, 0); font-family : Times New Roman; font-size: 13px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none;">On August 25, 2014, the Company entered into a non-binding letter of intent to sell Centennial for $<font>3,100,000</font> cash. The sale transaction was not completed but an impairment charge of $435,000 was recognized in fiscal year 2014 for the difference in expected net proceeds and the book value of the properties at October 31, 2014.</font></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Windfall Investors, LLC</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">On November 15, 2009, the Company acquired Windfall Investors, LLC, which included $<font>16,842,000</font> of real estate development assets. During 2014 and 2013, the Company capitalized $<font>1,428,000</font> and $<font>749,000</font>, respectively, of costs related to this real estate development project. Additionally, in relation to this project, the Company has incurred net expenses of $<font>954,000</font>, $<font>644,000</font> and $<font>702,000</font>, in fiscal years 2014, 2013 and 2012, respectively.</p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"><strong>Impairments of Real Estate Assets</strong></p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;"> </p>
<p style=" font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify;">During fiscal years 2014 and 2013, the Company recorded impairment charges related to the Templeton Santa Barbara, LLC real estate development project of $<font>435,000</font> and $<font>95,000</font>, respectively.</p>
</div>
</div>
4154000
17000
11000
63000
0.285
5000000
7
1750000
1000000
1500
2983000
3370000
954000
644000
702000
0.013
0.221
0.50
141000
141000
136000
675000
733000
569000
828000
342000
489000
8000
34000
0.75
7207000
6000000
5713000
1754000
1000000
Limoneira CO
Yes
Accelerated Filer
2014
FY
0001342423
10-K
2014-10-31
false
--10-31
No
No