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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2018
Apr. 30, 2017
Apr. 30, 2018
Apr. 30, 2017
Revenue:        
Rental income $ 12,781 $ 11,157 $ 25,171 $ 22,018
Reimbursements 1,411 1,407 2,987 2,773
Sundry income 133 100 361 472
Total revenue 14,325 12,664 28,519 25,263
Expenses:        
Operating expenses 4,208 3,947 8,350 7,915
Lease termination fee 620 620
Management fees 649 593 1,260 1,156
Real estate taxes 897 2,746 3,450 4,808
Depreciation 2,801 2,648 5,512 5,178
Total expenses 8,555 10,554 18,572 19,677
Operating income 5,770 2,110 9,947 5,586
Investment income 57 45 112 91
Unrealized gain on interest rate cap contract 19 19
Interest expense including amortization of deferred financing costs (4,419) (3,856) (9,571) (7,722)
Net income (loss) 1,427 (1,701) 507 (2,045)
Net (income) loss attributable to noncontrolling interests in subsidiaries (312) 1,002 251 1,409
Net income (loss) attributable to common equity $ 1,115 $ (699) $ 758 $ (636)
Earnings (loss) per share - basic and diluted $ 0.16 $ (0.10) $ 0.11 $ (0.09)
Weighted average shares outstanding:        
Basic and diluted 6,876 6,828 6,869 6,823