ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)
ft² in Millions |
3 Months Ended |
|
|
Jan. 31, 2016
USD ($)
ft²
Property
shares
|
Jan. 31, 2015
USD ($)
shares
|
Oct. 31, 2015
USD ($)
|
| ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract] |
|
|
|
| Number of properties the Company owned or had equity interest in | Property |
73
|
|
|
| Gross Leasable Area of properties the Company owned or had equity interest in (in square feet) | ft² |
4.9
|
|
|
| Minimum real estate trust taxable income required to be distributed for REIT to be nontaxable (in hundredths) |
90.00%
|
|
|
| Income Tax Contingency [Line Items] |
|
|
|
| Mortgage loans subject to interest rate swap |
$ 24,200,000
|
|
|
| Fixed annual rate of interest rate swap (in hundredths) |
3.93%
|
|
|
| Accrued liabilities relating to fair value of Company's interest rate swap |
$ 1,700,000
|
|
|
| Comprehensive income [Abstract] |
|
|
|
| Net unrealized gains/losses on an interest rate swap agreement included in accumulated other comprehensive income |
1,700,000
|
|
$ 1,200,000
|
| Revenues |
118,000
|
$ 1,245,000
|
|
| Property operating expense |
(2,000)
|
(486,000)
|
|
| Depreciation and amortization |
0
|
(375,000)
|
|
| Net Income |
116,000
|
384,000
|
|
| Revenues |
0
|
0
|
|
| Property operating expense |
0
|
0
|
|
| Depreciation and amortization |
0
|
0
|
|
| Income from discontinued operations |
0
|
0
|
|
| Cash flows from operating activities |
0
|
0
|
|
| Cash flows from investing activities |
0
|
0
|
|
| Cash flows from financing activities |
0
|
0
|
|
| Straight-line rents receivable |
$ 15,761,000
|
|
15,570,000
|
| Allowance of doubtful accounts against tenants receivables, percentage of deferred straight-line rents receivable |
10.00%
|
|
|
| Tenants receivable, allowance for doubtful accounts |
$ 3,884,000
|
|
$ 3,668,000
|
| Numerator [Abstract] |
|
|
|
| Net income applicable to common and Class A common stockholders - basic |
2,877,000
|
2,117,000
|
|
| Effect of dilutive securities [Abstract] |
|
|
|
| Proceeds from Sale of Property Held-for-sale |
$ 44,500,000
|
|
|
| Minimum [Member] |
|
|
|
| Income Tax Contingency [Line Items] |
|
|
|
| Tax years remaining open to examination by Internal Revenue Service |
2012
|
|
|
| Maximum [Member] |
|
|
|
| Income Tax Contingency [Line Items] |
|
|
|
| Tax years remaining open to examination by Internal Revenue Service |
2015
|
|
|
| Buildings [Member] | Minimum [Member] |
|
|
|
| Property, Plant and Equipment [Line Items] |
|
|
|
| Estimated useful life |
30 years
|
|
|
| Buildings [Member] | Maximum [Member] |
|
|
|
| Property, Plant and Equipment [Line Items] |
|
|
|
| Estimated useful life |
40 years
|
|
|
| Property Improvements [Member] | Minimum [Member] |
|
|
|
| Property, Plant and Equipment [Line Items] |
|
|
|
| Estimated useful life |
10 years
|
|
|
| Property Improvements [Member] | Maximum [Member] |
|
|
|
| Property, Plant and Equipment [Line Items] |
|
|
|
| Estimated useful life |
20 years
|
|
|
| Furniture/Fixtures [Member] | Minimum [Member] |
|
|
|
| Property, Plant and Equipment [Line Items] |
|
|
|
| Estimated useful life |
3 years
|
|
|
| Furniture/Fixtures [Member] | Maximum [Member] |
|
|
|
| Property, Plant and Equipment [Line Items] |
|
|
|
| Estimated useful life |
10 years
|
|
|
| Tenant Improvements [Member] |
|
|
|
| Property, Plant and Equipment [Line Items] |
|
|
|
| Estimated useful life |
Shorter of lease term or their useful life
|
|
|
| Common Stock [Member] |
|
|
|
| Numerator [Abstract] |
|
|
|
| Net income applicable to common and Class A common stockholders - basic |
$ 628,000
|
453,000
|
|
| Effect of dilutive securities [Abstract] |
|
|
|
| Restricted Stock awards |
28,000
|
22,000
|
|
| Net income applicable to common stockholders - diluted |
$ 656,000
|
$ 475,000
|
|
| Denominator [Abstract] |
|
|
|
| Denominator for basic EPS - weighted average common shares (in shares) | shares |
8,240
|
8,057
|
|
| Effect of dilutive securities [Abstract] |
|
|
|
| Restricted stock awards (in shares) | shares |
496
|
547
|
|
| Denominator for diluted EPS - weighted average common equivalent shares (in shares) | shares |
8,736
|
8,604
|
|
| Class A Common Stock [Member] |
|
|
|
| Numerator [Abstract] |
|
|
|
| Net income applicable to common and Class A common stockholders - basic |
$ 2,249,000
|
$ 1,664,000
|
|
| Effect of dilutive securities [Abstract] |
|
|
|
| Restricted Stock awards |
(28,000)
|
(22,000)
|
|
| Net income applicable to common stockholders - diluted |
$ 2,221,000
|
$ 1,642,000
|
|
| Denominator [Abstract] |
|
|
|
| Denominator for basic EPS - weighted average common shares (in shares) | shares |
26,080
|
26,094
|
|
| Effect of dilutive securities [Abstract] |
|
|
|
| Restricted stock awards (in shares) | shares |
94
|
138
|
|
| Denominator for diluted EPS - weighted average common equivalent shares (in shares) | shares |
26,174
|
26,232
|
|