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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Jan. 31, 2017
Jan. 31, 2016
Revenue:    
Rental income $ 10,861 $ 9,830
Reimbursements 1,366 1,522
Sundry income 372 72
Total revenue 12,599 11,424
Expenses:    
Operating expenses 3,968 3,522
Management fees 563 484
Real estate taxes 2,062 1,965
Depreciation 2,530 1,720
Total expenses 9,123 7,691
Operating income 3,476 3,733
Investment income 46 39
Interest expense including amortization of deferred financing costs (3,866) (2,729)
Net income (loss) (344) 1,043
Net (income) loss attributable to noncontrolling interests in subsidiaries 407 (41)
Net income attributable to common equity $ 63 $ 1,002
Earnings per share - basic and diluted $ 0.01 $ 0.15
Weighted average shares outstanding:    
Basic 6,818 6,766
Diluted 6,835 6,766