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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jan. 31, 2022
Jan. 31, 2021
Revenue:    
Rental income $ 9,763 $ 10,850
Reimbursements 757 1,544
Sundry income 129 360
Total revenue 10,649 12,754
Expenses:    
Operating expenses 4,293 4,108
Management fees 497 526
Real estate taxes 1,863 1,917
Depreciation 1,820 2,295
Total expenses 8,473 8,846
Operating income 2,176 3,908
Investment income 26 30
Loss on investment in tenancy-in-common (124) (27)
Net gain on sale of Maryland properties 70,003
Interest expense including amortization of deferred financing costs (2,928) (3,132)
Net income 69,153 779
Net income attributable to noncontrolling interests in subsidiaries (23,376) (221)
Net income attributable to common equity $ 45,777 $ 558
Earnings per share:    
Basic $ 6.51 $ 0.08
Diluted $ 6.45 $ 0.08
Weighted average shares outstanding:    
Basic 7,036 7,009
Diluted 7,099 7,009