Segment information (Tables)

3 Months Ended

Jan. 31, 2016

Segment information [Abstract]

Schedule of segment and related information

	Three Months Ended
	January 31,
		2016			2015
	(In Thousands of Dollars)
Real estate rental revenue:
Commercial	$	5,925		$	5,744
Residential		5,522			5,612
Total real estate revenue		11,447			11,356
Real estate operating expenses:
Commercial		2,799			2,432
Residential		2,701			2,654
Total real estate operating expenses		5,500			5,086
Net operating income:
Commercial		3,126			3,312
Residential		2,821			2,958
Total net operating income	$	5,947		$	6,270
Recurring capital improvements-
residential	$	(314	)	$	(86	)
Reconciliation to consolidated net income attributable to common equity:
Segment NOI	$	5,947		$	6,270
Deferred rents - straight lining		(23	)		(75	)
Amortization of acquired leases		—			(1	)
Investment income		39			40
General and administrative expenses		(471	)		(492	)
Depreciation		(1,720	)		(1,647	)
Financing costs		(2,729	)		(2,782	)
Net income		1,043			1,313
Net income attributable to noncontrolling interests		(41	)		(265	)
Net income attributable to common equity	$	1,002		$	1,048