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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Jan. 31, 2012
Jan. 31, 2011
Income Statement [Abstract]    
Rental income $ 9,502 $ 9,517
Reimbursements 1,457 1,222
Sundry income 121 122
Totals 11,080 10,861
Operating expenses 2,747 2,917
Management fees 497 490
Real estate taxes 1,902 1,686
Depreciation 1,531 1,511
Totals 6,677 6,604
Operating income 4,403 4,257
Investment income 24 29
Interest expense including amortization of deferred financing costs (2,865) (2,926)
Net income 1,562 1,360
Net loss (income) attributable to noncontrolling interests in subsidiaries (369) (341)
Net income attributable to common equity $ 1,193 $ 1,019
Basic $ 0.17 $ 0.15
Weighted average shares outstanding 6,942,000 6,942,000