MORTGAGE NOTES PAYABLE, BANK LINES OF CREDIT AND OTHER LOANS (Tables)

12 Months Ended

Oct. 31, 2018

MORTGAGE NOTES PAYABLE AND BANK LINES OF CREDIT AND OTHER LOANS [Abstract]

Principal Maturities of Mortgage Notes Payable

Combined aggregate principal maturities of mortgage notes payable during the next five years and thereafter are as follows (in thousands):

	Principal Repayments		Scheduled Amortization		Total
2019	$	26,880	$	6,362	$	33,242
2020		-		6,031		6,031
2021		-		6,391		6,391
2022		49,486		5,581		55,067
2023		-		5,269		5,269
Thereafter		181,579		6,222		187,801
	$	257,945	$	35,856	$	293,801

Notes Payable

The terms of the remaining notes are detailed below:

	Principal Amount (in thousands)		Interest Rate				Interest Payment Terms	Maturity Date
Long Term A	$	1,650		4.91	%	(a)	Quarterly	March 29, 2030
Long Term B		1,513		5.05	%	(b)	Quarterly	March 29, 2030
	$	3,163

(a) Interest rate is variable and based on the level of the Company's dividend declared on the Company's Class A Common stock, divided by $22 per Class A Share.

(b) Interest rate is fixed.