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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Jan. 31, 2016
Jan. 31, 2015
Revenue:    
Rental income $ 9,830 $ 9,681
Reimbursements 1,522 1,337
Sundry income 72 262
Revenue 11,424 11,280
Expenses:    
Operating expenses 3,522 3,139
Management fees 484 486
Real estate taxes 1,965 1,953
Depreciation 1,720 1,647
Expenses 7,691 7,225
Operating income 3,733 4,055
Investment income 39 40
Interest expense including amortization of deferred financing costs (2,729) (2,782)
Net income 1,043 1,313
Net income attributable to noncontrolling interests in subsidiaries (41) (265)
Net income attributable to common equity $ 1,002 $ 1,048
Earnings per share - basic and diluted $ 0.15 $ 0.15
Weighted average shares outstanding:    
Basic and diluted 6,766 6,821