XML 13 R39.htm IDEA: XBRL DOCUMENT v3.2.0.727
Segment information (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Jul. 31, 2015
USD ($)
properties
Jul. 31, 2014
USD ($)
Jul. 31, 2015
USD ($)
properties
segments
Jul. 31, 2014
USD ($)
Reportable Segments        
Real estate rental revenue $ 11,143 $ 10,433 $ 33,675 $ 31,637
Real estate operating expenses 7,306 6,506 22,587 19,963
Operating income 3,837 3,927 11,088 11,674
Reconciliation to consolidated net income:        
Deferred rents - straight lining $ (71) (37) (219) (123)
Amortization of acquired leases   (5) (1) (16)
Investment income $ 37 50 113 133
General and administrative expenses $ (509) (419) $ (1,653) (1,222)
Acquisition costs - Regency   (648)   (648)
Depreciation $ (1,690) (1,614) $ (4,985) (4,654)
Financing costs (2,817) (2,613) (8,370) (8,434)
Income from continuing operations $ 1,057 $ 716 $ 2,831 2,725
Income from discontinued operations       7
Gain on sale of discontinued operation       8,734
Net income $ 1,057 $ 716 $ 2,831 11,466
Net income attributable to noncontrolling interests (89) (162) (283) (453)
Net income attributable to common equity 968 554 $ 2,548 11,013
Number of reportable segments | segments     2  
Operating Segments [Member]        
Reportable Segments        
Real estate rental revenue 11,214 10,475 $ 33,895 31,776
Real estate operating expenses 5,107 4,473 15,949 14,087
Operating income 6,107 6,002 17,946 17,689
Reconciliation to consolidated net income:        
Segment NOI $ 6,107 6,002 $ 17,946 17,689
Commercial [Member]        
Reconciliation to consolidated net income:        
Number of properties | properties 10   10  
Commercial [Member] | Operating Segments [Member]        
Reportable Segments        
Real estate rental revenue $ 5,751 5,318 $ 17,439 16,830
Real estate operating expenses 2,582 2,103 7,997 7,070
Operating income 3,169 3,215 9,442 9,760
Residential [Member]        
Reportable Segments        
Recurring capital improvements $ (21) (210) $ (275) (351)
Reconciliation to consolidated net income:        
Number of properties | properties 7   7  
Residential [Member] | Operating Segments [Member]        
Reportable Segments        
Real estate rental revenue $ 5,463 5,157 $ 16,456 14,946
Real estate operating expenses 2,525 2,370 7,952 7,017
Operating income $ 2,938 $ 2,787 $ 8,504 $ 7,929