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Selected quarterly financial data (unaudited) (Tables)
12 Months Ended
Oct. 31, 2019
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, 2019 and 2018 (in thousands, except per share amounts):

 

2019:  Quarter Ended   Year Ended 
   January 31,   April 30,   July 31,   October 31,   October 31, 
                     
Revenue  $14,928   $14,786   $15,255   $15,308   $60,277 
Expenses   14,493    13,956(a)   14,990    15,045    58,484 
    Net income   435    830    265    263    1,793 
                          
Net (loss) income attributable to noncontrolling interests in subsidiaries   24    (44)   (66)   80    (6)
    Net income attributable to common equity  $459   $786   $199   $343   $1,787 
                          
Earnings per share - basic and diluted  $0.07   $0.11(a)  $0.03   $0.05   $0.26 
 Dividends declared per share  $0.15   $0.125   $0.125   $0.20   $0.60 
                          
                          

 

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(b)   12,898(c)   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)(b)  $0.16(c)  $0.04   $0.06   $0.21 
Dividends declared per share  $   $0.05   $0.05   $0.05   $0.15 

 

(a) Includes $0.8 million gain on sale of the Patchogue, New York property sold on February 8, 2019. ($0.12 per share)

(b) 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)

(c) 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)