Selected quarterly financial data (unaudited) (Tables)

12 Months Ended

Oct. 31, 2018

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, 2018 and 2017 (in thousands, except per share amounts): 

2018:	Quarter Ended										Year Ended
	January 31,			April 30,			July 31,		October 31,		October 31,
Revenue	$	14,194		$	14,325		$	14,631	$	14,847	$	57,997
Expenses		15,114	(a)		12,898	(b)		14,520		14,499		57,031
Net income (loss)		(920	)		1,427			111		348		966
Net (income) loss attributable to noncontrolling interests in subsidiaries		563			(312	)		181		85		517
Net income (loss) attributable to common equity	$	(357	)	$	1,115		$	292	$	433	$	1,483
Earnings (loss) per share - basic and diluted	$	(0.05	)(a)	$	0.16	(b)	$	0.04	$	0.06	$	0.21
Dividends declared per share	$	—		$	0.05		$	0.05	$	0.05	$	0.15

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	(c)		(421	)(d)		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	)(c)	$	2.01	(d)	$	—		$	1.92
Dividends declared per share	$	0.15		$	—		$	—		$	—		$	0.15
(a) Includes $1.2 million loan prepayment cost related to refinancing of the loan for Pierre Towers, LLC, owned by S And A Commercial Associates Limited Partnership, which is a consolidated subsidiary. ($0.11 per share)
(b) Includes $1.5 million in real estate tax refunds and credits related to tax years 2017  through second quarter of Fiscal 2018 at the Icon property, owned by Grande Rotunda, LLC, which is a consolidated subsidiary. ($0.13 per share)
(c) 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)
(d) 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)