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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Jan. 31, 2020
Jan. 31, 2019
Oct. 31, 2019
Cash Flows from Operating Activities:      
Net income $ 9,521 $ 10,018  
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 7,135 6,940  
Straight-line rent adjustment (62) (436)  
Provision for tenant credit losses 343 254  
Marketable Securities, (Gain) Loss 0 (403)  
Gain (Loss) on Sale of Properties 339 0  
Restricted stock compensation expense and other adjustments 1,047 1,066  
Deferred compensation arrangement (15) (36)  
Equity in net (income) of unconsolidated joint ventures (513) (342)  
Distributions of operating income from unconsolidated joint ventures 513 342  
Changes in operating assets and liabilities:      
Tenant receivables (1,368) (998)  
Accounts payable and accrued expenses 1,767 2,979  
Other assets and other liabilities, net (2,901) (5,712)  
Net Cash Flow Provided by Operating Activities 15,806 13,672  
Cash Flows from Investing Activities:      
Acquisitions of real estate investments 0 (13,836)  
Investments in and advances to unconsolidated joint ventures 0 (369)  
Deposits on acquisition of real estate investments (530) 0  
Return of deposits on acquisitions of real estate 500 0  
Proceeds from Sale of Available-for-sale Securities, Equity 0 5,970  
Proceeds from Sale of Real Estate Held-for-investment 3,721 0  
Improvements to properties and deferred charges (5,895) (2,915)  
Return of capital from unconsolidated joint ventures 265 989  
Net Cash Flow Provided by (Used in) Investing Activities (1,939) (10,161)  
Cash Flows from Financing Activities:      
Dividends paid - Common and Class A Common Stock (10,915) (10,666)  
Dividends paid - Preferred Stock (3,951) (3,063)  
Amortization payments on mortgage notes payable (1,638) (1,609)  
Repayment of revolving credit line borrowings 0 (3,000)  
Proceeds from revolving credit line borrowings 0 19,000  
Acquisitions of noncontrolling interests (609) 0  
Distributions to noncontrolling interests (1,038) (1,101)  
Payment of taxes on shares withheld for employee taxes (569) (265)  
Redemption of Preferred Stock including restricted cash (75,000) 0  
Sales of additional shares of Common and Class A Common Stock 52 50  
Net Cash Flow Provided by (Used in) Financing Activities (93,668) (654)  
Net Increase In Cash and Cash Equivalents (79,801) 2,857  
Cash and Cash Equivalents at Beginning of Period 94,079 10,285 $ 10,285
Cash and Cash Equivalents at End of Period 14,278 13,142 $ 94,079
Supplemental Cash Flow Disclosures:      
Interest Paid $ 3,264 $ 3,572