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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Oct. 31, 2013
Oct. 31, 2012
Oct. 31, 2011
Revenue:      
Rental income $ 35,819 $ 36,440 $ 36,739
Reimbursements 5,006 4,843 5,374
Income relating to early lease termination    2,950   
Sundry income 512 795 488
[RealEstateRevenueNet] 41,337 45,028 42,601
Expenses:      
Operating expenses 10,374 10,118 10,330
Management fees 1,849 1,863 1,879
Real estate taxes 7,527 7,611 6,758
Depreciation 6,233 6,171 6,054
Deferred project cost write-off    3,726   
[OperatingExpenses] 25,983 29,489 25,021
Operating income 15,354 15,539 17,580
Investment income 191 173 101
Interest expense including amortization of deferred financing costs (11,945) (11,704) (11,452)
Income from continuing operations 3,600 4,008 6,229
Income from discontinued operations 797 460 484
Gain on sale of discontinued operations (net of tax of $1,965 in fiscal 2012) 3,545 7,528 [1],[2]   
Net income 7,942 11,996 6,713
Net income attributable to noncontrolling interests in subsidiaries (493) (645) (1,335)
Net income attributable to common equity 7,449 11,351 5,378
Earnings per share - basic:      
Continuing operations $ 0.45 $ 0.49 $ 0.70
Discontinued operations $ 0.62 $ 1.15 $ 0.07
Net income attributable to common equity $ 1.07 $ 1.64 $ 0.77
Weighted average shares outstanding-basic 6,942,000 6,942,000 6,942,000
Amounts attributable to common equity:      
Income from continuing operations 3,107 3,363 4,894
Income from discontinued operations 4,342 7,988 484
Net income attributable to common equity $ 7,449 $ 11,351 $ 5,378
[1] Gain on sale of discontinued operation shown net of tax.
[2] Represents gain of $9,493 net of federal and state tax of $1,965.