Selected quarterly financial data (unaudited)

12 Months Ended

Oct. 31, 2015

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, 2015 and 2014 (in thousands, except per share amounts):

2015:	Quarter Ended											Year Ended
	January 31,			April 30,		July 31,			October 31,			October 31,
Revenue	$	11,280		$	11,252	$	11,143		$	11,108		$	44,783
Expenses		9,967			10,791		10,086			11,027	(a)		41,871
Income from continuing operations		1,313			461		1,057			81			2,912
Income from discontinued operations		-			-		-			-			-
Net income		1,313			461		1,057			81			2,912
Net income (loss) attributable to noncontrolling interest in subsidiaries		(265	)		71		(89	)		2			(281	)
Net income attributable to common equity	$	1,048		$	532	$	968		$	83		$	2,631
Basic & diluted earnings per share:
Continuing operations	$	0.15		$	0.08	$	0.14		$	0.02	(a)	$	0.39
Discontinued operations		-			-		-			-			-
Net income attributable to common equity	$	0.15		$	0.08	$	0.14		$	0.02		$	0.39
Dividends declared per share	$	0.30		$	0.30	$	0.30		$	0.30		$	1.20

2014:	Quarter Ended												Year Ended
	January 31,			April 30,			July 31,			October 31,			October 31,
Revenue	$	10,572		$	10,632		$	10,433		$	10,793	(d)	$	42,430
Expenses		9,454			9,742			9,716	(c)		10,095	(e)		39,007
Income from continuing operations		1,118			890			717			698			3,423
Income from discontinued operations		8,700	(b)		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	(c)	$	0.10	(d)	$	0.42
Discontinued operations		1.26	(b)		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)

Includes $1.1M straight line rent adjustment for bankrupt tenant ($0.15 per share)

(b)

Represents gain on sale of discontinued operation of approximately $8.7 million

(c)

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

(d)

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

(e)

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