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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Jan. 31, 2013
Jan. 31, 2012
Income Statement [Abstract]    
Rental income $ 8,960 $ 9,206
Reimbursements 1,392 1,457
Sundry income 107 114
[RealEstateRevenueNet] 10,459 10,777
Operating expenses 2,606 2,640
Management fees 495 482
Real estate taxes 1,882 1,873
Depreciation 1,513 1,522
[OperatingExpenses] 6,496 6,517
Operating income 3,963 4,260
Investment income 50 24
Interest expense including amortization of deferred financing costs (3,019) (2,815)
Income from continuing operations 994 1,469
Income from discontinued operations 706 93
Net income 1,700 1,562
Net income attributable to noncontrolling interests in subsidiaries (229) (369)
Net income attributable to common equity 1,471 1,193
Earnings per share - basic:    
Continuing operations $ 0.11 $ 0.16
Discontinued operations $ 0.10 $ 0.01
Net income attributable to common equity $ 0.21 $ 0.17
Weighted average shares outstanding-basic 6,942,000 6,942,000
Amounts attributable to common equity:    
Income from continuing operations 765 1,100
Income related to discontinued operations 706 93
Net income attributable to common equity $ 1,471 $ 1,193