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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2024
Oct. 31, 2023
Oct. 31, 2022
Revenue:      
Rental income $ 26,191 $ 25,522 $ 28,453
Reimbursements 1,887 2,357 2,383
Sundry income 600 465 435
Total revenue 28,678 28,344 31,271
Expenses:      
Operating expenses 10,821 10,764 12,631
Management fees 1,351 1,342 1,451
Real estate taxes 5,992 5,891 6,202
Depreciation 2,981 2,944 3,995
Total expenses 21,145 20,941 24,279
Investment income 1,560 1,013 358
Net (loss) gain on sale of Maryland properties (356) (1,003) 68,771
Litigation settlement, net of fees 15,673
Net realized gain on Wayne PSC interest rate swap termination 1,415
Loss on investment in tenancy-in-common (170) (271) (228)
Interest expense including amortization of deferred financing costs (7,307) (7,717) (8,064)
Net income (loss) 16,933 (575) 69,244
Net (income) loss attributable to noncontrolling interests in subsidiaries (1,081) 1,335 (23,252)
Net income attributable to common equity $ 15,852 $ 760 $ 45,992
Earnings per share:      
Basic (in Dollars per share) $ 2.13 $ 0.1 $ 6.52
Diluted (in Dollars per share) $ 2.13 $ 0.1 $ 6.45
Weighted average shares outstanding:      
Basic (in Shares) 7,455 7,441 7,055
Diluted (in Shares) 7,459 7,447 7,132