Selected quarterly financial data (unaudited)

12 Months Ended

Oct. 31, 2017

Quarterly Financial Information Disclosure [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, 2017 and 2016 (in thousands, except per share amounts):

2017:	Quarter Ended												Year Ended
	January 31,			April 30,			July 31,			October 31,			October 31,
Revenue	$	12,599		$	12,664		$	12,680		$	13,691		$	51,634
Expenses		12,943			14,365	(a)		(421	)(b)		14,064			40,951
Net income (loss)		(344	)		(1,701	)		13,101			(373	)		10,683
Net loss attributable to noncontrolling interests in subsidiaries		407			1,002			653			371			2,433
Net income (loss) attributable to common equity	$	63		$	(699	)	$	13,754		$	(2	)	$	13,116
Earnings (loss) per share - basic and diluted	$	0.01		$	(0.10	)(a)	$	2.01	(b)	$	—		$	1.92
Dividends declared per share	$	0.15		$	—		$	—		$	—		$	0.15

2016:	Quarter Ended												Year Ended
	January 31,			April 30,			July 31,			October 31,			October 31,
Revenue	$	11,424		$	11,064		$	11,590		$	12,176		$	46,254
Expenses		10,381			10,130			10,133	(c)		12,511			43,155
Net income (loss)		1,043			934			1,457			(335	)		3,099
Net (income) loss attributable to noncontrolling interests in subsidiaries		(41	)		(125	)		(211	)		283			(94	)
Net income (loss) attributable to common equity	$	1,002		$	809		$	1,246		$	(52	)	$	3,005
Earnings (loss) per share - basic and diluted	$	0.15		$	0.12		$	0.18	(c)	$	(0.01	)	$	0.44
Dividends declared per share	$	0.30		$	0.30		$	0.30		$	0.30		$	1.20

(a) Includes expense for lease termination fee paid in the amount of $620,000 to Macy's to terminate the lease and take possession of the space at the Preakness Shopping center located in Wayne, NJ ($0.03 per share)

(b) Includes a $15.4 million gain from the sale of the Maywood, New Jersey property ("Hammel Gardens") on June 12, 2017 offset by a $1.1 million loan prepayment cost related to this sale ($2.08 per share)

(c) Includes $0.3M gain on sale of commercial property in Rochelle Park, New Jersey which was sold on June 17, 2016 ($0.05 per share)