INVESTMENT PROPERTIES (Tables)

12 Months Ended

Oct. 31, 2018

INVESTMENT PROPERTIES [Abstract]

Components of Core Properties

The components of the properties consolidated in the financial statements are as follows (in thousands):

	October 31,
	2018			2017
Land	$	231,660		$	218,501
Buildings and improvements		886,415			871,901
		1,118,075			1,090,402
Accumulated depreciation		(218,653	)		(195,020	)
	$	899,422		$	895,382

Purchase Price Allocation for Properties Acquired

The financial information set forth below summarizes the Company’s purchase price allocation for the properties acquired during the fiscal year ended October 31, 2018 (in thousands).

	470 Main		Tanglewood		New City
Assets:
Land	$	293	$	7,525	$	2,498
Building and improvements	$	2,786	$	5,920	$	632
In-place leases	$	68	$	147	$	38
Above market leases	$	25	$	81	$	-
Liabilities:
In-place leases	$	-	$	-	$	-
Below Market Leases	$	43	$	396	$	-