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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Jan. 31, 2014
Jan. 31, 2013
Revenue:    
Rental income $ 8,992 $ 8,890
Reimbursements 1,283 1,392
Sundry income 297 105
Revenue, Total 10,572 10,387
Expenses:    
Operating expenses 2,668 2,576
Management fees 468 491
Real estate taxes 1,864 1,870
Depreciation 1,520 1,512
Expenses, Total 6,520 6,449
Operating income 4,052 3,938
Investment income 42 50
Interest expense including amortization of deferred financing costs (2,976) (3,019)
Income from continuing operations 1,118 969
Income from discontinued operations 7 731
Gain on sale of discontinued operations 8,693   
Net income 9,818 1,700
Net income attributable to noncontrolling interests in subsidiaries (193) (229)
Net income attributable to common equity 9,625 1,471
Earnings per share - basic:    
Continuing operations $ 0.13 $ 0.10
Discontinued operations $ 1.26 $ 0.11
Net income attributable to common equity $ 1.39 $ 0.21
Weighted average shares outstanding-basic 6,932,000 6,942,000
Amounts attributable to common equity:    
Income from continuing operations 925 740
Income from discontinued operations 8,700 731
Net income attributable to common equity $ 9,625 $ 1,471