XML 45 R19.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Related Party Transactions | 12 Months Ended
--- | ---
Oct. 31, 2018
Related Party Transactions [Abstract] |
Related Party Transactions | NOTE 12 - RELATED PARTY TRANSACTIONS: The Company has engaged its 40% partner in Generation Coffee Company, LLC as an outside contractor (the “Partner”). Included in contract labor expense, which is a component of cost of sales, are expenses incurred from the Partner during the years ended October 31, 2018 and 2017 of $447,140 and $427,931, respectively. An employee of one of the top two vendors is a director of the Company. Purchases from that vendor totaled approximately $9,100,000 and $6,700,000 for the years ended October 31, 2018 and 2017, respectively. The corresponding accounts payable balance to this vendor was approximately $215,000 and $72,000 at October 31, 2018 and 2017, respectively. In January 2005, the Company established the “Coffee Holding Co., Inc. Non-Qualified Deferred Compensation Plan.” Currently, there is only one participant in the plan: Andrew Gordon, the CEO. Within the plan guidelines, this employee is deferring a portion of his current salary and bonus. The deferred compensation payable represents the liability due to an officer of the Company. The deferred compensation liability at October 31, 2018 and 2017 was $532,726 and $488,529, respectively. Deferred compensation expenses included in officers’ salaries were $0 during the years ended October 31, 2018 and 2017, respectively.

X
- References No definition available. + Details
Name: | us-gaap_RelatedPartyTransactionsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 + Details
Name: | us-gaap_RelatedPartyTransactionsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration