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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Jul. 31, 2012
Jul. 31, 2011
Jul. 31, 2012
Jul. 31, 2011
Income Statement [Abstract]        
Rental income $ 9,250 $ 9,252 $ 27,755 $ 27,718
Reimbursements 1,311 1,323 3,926 3,911
Income relating to early lease termination       2,950   
Sundry income 107 104 367 387
[RealEstateRevenueNet] 10,668 10,679 34,998 32,016
Operating expenses 2,555 2,461 7,814 8,002
Management fees 462 469 1,429 1,407
Real estate taxes 1,942 1,626 5,683 4,901
Depreciation 1,555 1,528 4,600 4,531
Deferred project cost write-off 2,236    3,726   
[OperatingExpenses] 8,750 6,084 23,252 18,841
Operating income 1,918 4,595 11,746 13,175
Investment income 25 25 80 77
Interest expense including amortization of deferred financing costs (2,957) (2,860) (8,663) (8,572)
Income (loss) from continuing operations (1,014) 1,760 3,163 4,680
Income from discontinued operations 123 74 275 207
Net income (loss) (891) 1,834 3,438 4,887
Net (income) loss attributable to noncontrolling interests in subsidiaries 668 (329) (525) (1,043)
Net income (loss) attributable to common equity (223) 1,505 2,913 3,844
Earnings per share (attributable to common equity):        
Continuing operations $ (0.05) $ 0.21 $ 0.38 $ 0.52
Discontinued operations $ 0.02 $ 0.01 $ 0.04 $ 0.03
Net income attributable to common equity $ (0.03) $ 0.22 $ 0.42 $ 0.55
Weighted average shares outstanding 6,942,000 6,942,000 6,942,000 6,942,000
Amounts attributable to common equity:        
Income (loss) from continuing operations (346) 1,431 2,638 3,637
Income from discontinued operations 123 74 275 207
Net income (loss) attributable to common equity $ (223) $ 1,505 $ 2,913 $ 3,844