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Selected quarterly financial data (unaudited)
12 Months Ended
Oct. 31, 2014
Selected quarterly financial data (unaudited) [Abstract]  
Selected quarterly financial data (unaudited)

Note 18- Selected quarterly financial data (unaudited):

The following summary represents the results of operations for each quarter for the years ended October 31, 2014 and 2013 (in thousands, except per share amounts):

 

 

2014:   Quarter Ended     Year  
    January 31,     April 30,     July 31,     October 31,     October 31,  
                               
Revenue   $ 10,572     $ 10,632     $ 10,433     $ 10,793 (c)   $ 42,430  
Expenses     9,454       9,742       9,716 (b)     10,095 (d)     39,007  
Income from continuing operations     1,118       890       717       698       3,423  
                                         
Income from discontinued operations     8,700 (a)     41                   8,741  
Net income     9,818       931       717       698       12,164  
                                         
Net income attributable to noncontrolling interest in subsidiaries     (193 )     (98 )     (162 )     (54 )     (507 )
  Net income attributable to common equity   $ 9,625     $ 833     $ 555     $ 644     $ 11,657  
                                         
Basic & diluted earnings per share:                                        
Continuing operations   $ 0.13     $ 0.11     $ 0.08 (b)   $ 0.10 (c)   $ 0.42  
Discontinued operations     1.26 (a)     0.01                   1.27  
  Net income attributable to common equity   $ 1.39     $ 0.12     $ 0.08     $ 0.10     $ 1.69  
Dividends declared per share   $ 0.30     $ 0.30     $ 0.30     $ 0.30     $ 1.20  

 

(a) Represents gain on sale of discontinued operations of $8,734

(b) Includes $648 in expenses related to Regency acquisition ($0.09 per share)

(c) Includes $298 in straight-line rent expense related to G-Mart lease termination ($0.04 per share)

(d) Includes $73 in expenses related to G-Mart lease termination ($0.01 per share)

 

2013:   Quarter Ended     Year  
    January 31,     April 30,     July 31,     October 31,     October 31,  
                               
Revenue   $ 10,387     $ 9,907     $ 10,384     $ 10,659     $ 41,337  
Expenses     9,417       9,403       9,339       9,578       37,737  
Income from continuing operations     970       504       1,045       1,081       3,600  
                                         
Income from discontinued operations     730 (a)     1,409 (b)     48       2,155 (c)     4,342  
Net income     1,700       1,913       1,093       3,236       7,942  
                                         
Net income attributable to noncontrolling interest in subsidiaries     (229 )     (43 )     (182 )     (39 )     (493 )
  Net income attributable to common equity   $ 1,471     $ 1,870     $ 911     $ 3,197     $ 7,449  
                                         
Basic earnings per share:                                        
Continuing operations   $ 0.11     $ 0.07     $ 0.12     $ 0.15     $ 0.45  
Discontinued operations     0.10 (a)     0.20 (b)     0.01       0.31 (c)     0.62  
  Net income attributable to common equity   $ 0.21     $ 0.27     $ 0.13     $ 0.46     $ 1.07  
Dividends declared per share   $ 0.30     $ 0.30     $ 0.30     $ 0.66     $ 1.56  

 

(a) Includes $720 reversal of income tax provision ($0.10 per share) (See Note 11)

(b) Includes gain on sale of discontinued operations of $1,377 ($0.20 per share)

(c) Includes gain on sale of discontinued operations of $2,168 ($0.31 per share)