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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Apr. 30, 2012
Apr. 30, 2011
Apr. 30, 2012
Apr. 30, 2011
Income Statement [Abstract]        
Rental income $ 9,507 $ 9,436 $ 19,010 $ 18,953
Reimbursements 1,156 1,365 2,615 2,587
Income relating to early lease termination 2,950    2,950   
Sundry income 151 165 269 287
Totals 13,764 10,966 24,844 21,827
Operating expenses 2,687 2,791 5,433 5,708
Management fees 495 472 992 962
Real estate taxes 1,885 1,635 3,787 3,321
Depreciation 1,531 1,510 3,063 3,021
Deferred project cost write-off 1,490    1,490   
Totals 8,088 6,408 14,765 13,012
Operating income 5,676 4,558 10,079 8,815
Investment income 31 23 55 52
Interest expense including amortization of deferred financing costs (2,940) (2,888) (5,805) (5,814)
Net income 2,767 1,693 4,329 3,053
Net income attributable to noncontrolling interests in subsidiaries (824) (373) (1,193) (714)
Net income attributable to common equity $ 1,943 $ 1,320 $ 3,136 $ 2,339
Basic $ 0.28 $ 0.19 $ 0.45 $ 0.34
Weighted average shares outstanding 6,942 6,942 6,942 6,942