CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Revenues
Base rents	$ 87,172	$ 83,885	$ 75,099
Recoveries from tenants	25,788	28,703	24,947
Lease termination income	619	472	183
Other income	3,213	2,252	2,099
Total Revenues	116,792	115,312	102,328
Expenses
Property operating	18,717	21,267	18,926
Property taxes	18,548	18,224	16,997
Depreciation and amortization	23,025	22,435	19,249
General and administrative	9,284	8,576	8,016
Provisions for tenant credit losses	1,161	1,271	917
Acquisition costs	412	2,068	666
Directors' fees and expenses	318	330	314
Total Operating Expenses	71,465	74,171	65,085
Operating Income	45,327	41,141	37,243
Non-Operating Income (Expense):
Interest expense	(12,983)	(13,475)	(10,235)
Equity in net income (loss) from unconsolidated joint ventures	2,019	1,941	1,604
Interest, dividends and other investment income	242	228	134
Income From Continuing Operations	34,605	29,835	28,746
Discontinued Operations:
Income from discontinued operations	0	0	141
Gain on sale of properties	0	0	12,526
Income from discontinued operations	0	0	12,667
Income before gain on sale of properties	34,605	29,835	41,413
Gain on sale of properties	0	20,377	24,345
Net Income	34,605	50,212	65,758
Noncontrolling interests:
Net income attributable to noncontrolling interests	(889)	(948)	(607)
Net income attributable to UBP	33,716	49,264	65,151
Preferred stock dividends	(14,280)	(14,605)	(13,812)
Redemption of preferred stock	0	0	(1,870)
Net Income Applicable to Common and Class A Common Stockholders	$ 19,436	$ 34,659	$ 49,469
Common Stock [Member]
Basic Earnings Per Share:
Per Common Share:	$ 0.50	$ 0.92	$ 1.09
Income from discontinued operations (in dollars per share)	0.00	0.00	0.37
Net Income Applicable to Common Stockholders (in dollars per share)	0.50	0.92	1.46
Diluted Earnings Per Share:
Income from continuing operations (in dollars per share)	0.49	0.90	1.06
Income from discontinued operations (in dollars per share)	0.00	0.00	0.36
Net Income Applicable to Common Stockholders (in dollars per share)	$ 0.49	$ 0.90	$ 1.42
Class A Common Stock [Member]
Noncontrolling interests:
Net Income Applicable to Common and Class A Common Stockholders	$ 15,294	$ 27,247	$ 38,068
Basic Earnings Per Share:
Per Common Share:	$ 0.57	$ 1.04	$ 1.22
Income from discontinued operations (in dollars per share)	0.00	0.00	0.42
Net Income Applicable to Common Stockholders (in dollars per share)	0.57	1.04	1.64
Diluted Earnings Per Share:
Income from continuing operations (in dollars per share)	0.56	1.02	1.19
Income from discontinued operations (in dollars per share)	0.00	0.00	0.40
Net Income Applicable to Common Stockholders (in dollars per share)	$ 0.56	$ 1.02	$ 1.59