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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Apr. 30, 2022
Apr. 30, 2021
Revenue:        
Rental income $ 6,015 $ 11,065 $ 15,778 $ 21,915
Reimbursements 498 1,653 1,255 3,197
Sundry income 102 86 231 446
Total revenue 6,615 12,804 17,264 25,558
Expenses:        
Operating expenses 2,403 4,777 6,696 8,885
Management fees 314 561 811 1,087
Real estate taxes 1,432 2,042 3,295 3,959
Depreciation 714 2,338 2,534 4,633
Total expenses 4,863 9,718 13,336 18,564
Operating income 1,752 3,086 3,928 6,994
Investment income 38 29 64 59
Loss on investment in tenancy-in-common (32) (118) (156) (145)
Net gain (loss) on sale of Maryland properties (1,232) 68,771
Interest expense including amortization of deferred financing costs (1,527) (3,060) (4,455) (6,192)
Net income (loss) (1,001) (63) 68,152 716
Net (income) loss attributable to noncontrolling interests in subsidiaries 649 72 (22,727) (149)
Net income (loss) attributable to common equity $ (352) $ 9 $ 45,425 $ 567
Earnings (Loss) per share:        
Basic $ (0.05) $ 0.00 $ 6.46 $ 0.08
Diluted $ (0.05) $ 0.00 $ 6.40 $ 0.08
Weighted average shares outstanding:        
Basic 7,038 7,016 7,037 7,012
Diluted 7,038 7,018 7,108 7,012