Selected quarterly financial data (unaudited) (Tables)

12 Months Ended

Oct. 31, 2017

Quarterly Financial Information Disclosure [Abstract]

Schedule of quarterly results of operation

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)