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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Oct. 31, 2020
Revenue:      
Rental income $ 28,453 $ 44,160 $ 46,184
Reimbursements 2,383 5,468 5,840
Sundry income 435 663 703
Total revenue 31,271 50,291 52,727
Expenses:      
Operating expenses 12,631 17,249 15,805
Third party transaction costs (See Note 14) 4,606
Management fees 1,451 2,178 2,251
Real estate taxes 6,202 8,062 8,687
Depreciation 3,995 9,300 10,341
Tenant improvement write-off due to COVID-19 7,277
Total expenses 24,279 36,789 48,967
Investment income 358 116 204
Net gain on sale of Maryland properties 68,771
Net realized gain on Wayne PSC interest rate swap termination 1,415
Gain on deconsolidation of subsidiary 27,680
Loss on investment in tenancy-in-common (228) (295) (202)
Interest expense including amortization of deferred financing costs (8,064) (12,276) (14,122)
Net income 69,244 1,047 17,320
Net (income) loss attributable to noncontrolling interests in subsidiaries (23,252) (120) 3,233
Net income attributable to common equity $ 45,992 $ 927 $ 20,553
Earnings per share:      
Basic (in Dollars per share) $ 6.52 $ 0.13 $ 2.94
Diluted (in Dollars per share) $ 6.45 $ 0.13 $ 2.94
Weighted average shares outstanding:      
Basic (in Shares) 7,055 7,019 6,992
Diluted (in Shares) 7,132 7,022 6,994