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Leases (Tables)
12 Months Ended
Oct. 31, 2020
Leases [Abstract]  
Components of the Company's Operating Lease Portfolio Included in Property, Plant and Equipment
The following table presents the components of the Company’s operating lease portfolio included in property, plant and equipment, net as of the dates indicated (in thousands):

October 31, 2020October 31, 2019
Land$3,522 $1,279 
Buildings, equipment and building improvements18,516 22,841 
Less: accumulated depreciation(5,691)(7,551)
Property, plant and equipment, net under operating leases$16,347 $16,569 
Composition of Rental Operations Revenue
The Company’s rental operations revenue consists of the following (in thousands):

October 31, 2020
Operating lease payments$4,287 
Variable lease payments335 
Total lease payments$4,622 
Future Minimum Lease Payments to be Received Related to Net Operating Lease Agreements
The future minimum lease payments to be received by the Company related to these operating lease agreements as of October 31, 2020 are as follows (in thousands):

2021$713 
2022517 
2023344 
202470 
202570 
Thereafter925 
Total$2,639 
Supplemental Balance Sheet Information Related to Leases
Supplemental balance sheet information related to leases consists of the following (in thousands):
ClassificationOctober 31, 2020
Assets
Operating lease ROU assetsOther assets$2,053 
Liabilities and Stockholders' Equity
Current operating lease liabilitiesAccrued liabilities521 
Non-current operating lease liabilitiesOther long-term liabilities1,610 
Total operating lease liabilities$2,131 
Weighted-average remaining lease term (in years)11.0
Weighted-average discount rate3.8 %
Supplemental Cash Flow Information Related to Leases
Supplemental cash flow information related to leases consists of the following (in thousands):
October 31, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases$559 
ROU assets obtained in exchange for new operating lease liabilities$108 
Future Minimum Lease Payments under Non-Cancellable Leases
Future minimum lease payments under non-cancellable leases for each of the subsequent five fiscal years and thereafter are as follows (in thousands):
2021$509 
2022358 
2023182 
2024151
2025134
Thereafter1,315
Total lease payments2,649
Less: Imputed interest(518)
Total$2,131 
Future Minimum Lease Payments under Non-Cancellable Leases under Topic 840
A summary of the Company’s future minimum payments for obligations under non-cancellable operating leases as of October 31, 2019 was as follows (in thousands):
2020$688 
2021492 
2022291 
2023154 
2024134 
Thereafter1,382 
Total$3,141