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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Apr. 30, 2024
Apr. 30, 2023
Apr. 30, 2024
Apr. 30, 2023
Revenue:        
Rental income $ 6,586,000 $ 6,345,000 $ 13,040,000 $ 12,567,000
Reimbursements 576,000 491,000 1,034,000 1,137,000
Sundry income 113,000 80,000 200,000 191,000
Total revenue 7,275,000 6,916,000 14,274,000 13,895,000
Expenses:        
Operating expenses 2,714,000 2,625,000 6,203,000 5,075,000
Management fees 331,000 333,000 667,000 659,000
Real estate taxes 1,509,000 1,455,000 3,001,000 2,893,000
Depreciation 789,000 732,000 1,514,000 1,454,000
Total expenses 5,343,000 5,145,000 11,385,000 10,081,000
Investment income 279,000 218,000 686,000 407,000
Net loss on sale of Maryland properties (92,000) (203,000) (171,000) (446,000)
(Loss) gain on investment in tenancy-in-common 62,000 (121,000) (47,000) (188,000)
Interest expense including amortization of deferred financing costs (1,782,000) (1,951,000) (3,624,000) (3,827,000)
Net (loss) income 399,000 (286,000) (267,000) (240,000)
Net loss attributable to noncontrolling interests in subsidiaries 134,000 383,000 288,000 756,000
Net income attributable to common equity $ 533,000 $ 97,000 $ 21,000 $ 516,000
Earnings per share:        
Basic (in Dollars per share) $ 0.07 $ 0.01 $ 0 $ 0.07
Weighted average shares outstanding:        
Basic (in Shares) 7,453 7,441 7,451 7,433
Diluted (in Shares) 7,457 7,446 7,455 7,440