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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Shares of Beneficial Interest [Member]
Treasury Stock at Cost [Member]
Dividends in Excess of Net Income [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total Common Equity [Member]
Noncontrolling Interests [Member]
Total
Balance at Oct. 31, 2015 $ 25,860 $ (5,517) $ (11,769) $ (1,030) $ 7,544 $ 13,693 $ 21,237
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock based compensation expense 94 94 94
Vested share units granted to Trustees 759 759 759
Stock options exercised 244 244 244
Distributions to noncontrolling interests (1,095) (1,095)
Net income (loss) 3,005 3,005 94 3,099
Dividends declared, including $76, $13 and $21 payable in share units in 2016, 2017 and 2018, respectively ($1.20, $0.15 and $0.15per share) (8,152) (8,152) (8,152)
Net unrealized loss on interest rate swaps (660) (660) (65) (725)
Balance at Oct. 31, 2016 26,713 (5,273) (16,916) (1,690) 2,834 12,627 15,461
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock based compensation expense 122 122 122
Vested share units granted to Trustees 816 816 816
Distributions to noncontrolling interests (420) (420)
Net income (loss) 13,116 13,116 (2,433) 10,683
Dividends declared, including $76, $13 and $21 payable in share units in 2016, 2017 and 2018, respectively ($1.20, $0.15 and $0.15per share) (1,024) (1,024) (1,024)
Net unrealized loss on interest rate swaps 1,974 1,974 978 2,952
Balance at Oct. 31, 2017 27,651 (5,273) (4,824) 284 17,838 10,752 28,590
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock based compensation expense 130 130 130
Vested share units granted to Trustees and consultant 839 839 839
Vested share units issued to consultant and retired Trustee [1] (332) 332
Distributions to noncontrolling interests (8,259) (8,259)
Net income (loss) 1,483 1,483 (517) 966
Dividends declared, including $76, $13 and $21 payable in share units in 2016, 2017 and 2018, respectively ($1.20, $0.15 and $0.15per share) (1,035) (1,035) (1,035)
Net unrealized loss on interest rate swaps 2,233 2,233 880 3,113
Balance at Oct. 31, 2018 $ 28,288 $ (4,941) $ (4,376) $ 2,517 $ 21,488 $ 2,856 $ 24,344
[1] Represents the issuance of treasury shares to consultant and retired Trustee for share units earned.