LEASES (Tables)

9 Months Ended

Jul. 31, 2020

LEASES [Abstract]

Disaggregation of Lease Income Recognized

The following table provides a disaggregation of lease income recognized during the nine and three months ended July 31, 2020 and 2019, under ASC Topic 842, Leases, as either fixed or variable lease income based on the criteria specified in ASC Topic 842 (In thousands):

	Nine Months Ended July 31,						Three Months Ended July 31,
	2020			2019			2020			2019
Operating lease income:
Fixed lease income (Base Rent)	$	74,490		$	74,674		$	23,957		$	24,684
Variable lease income (Recoverable Costs)		21,166			24,664			7,056			7,839
Other lease related income, net:
Above/below market rent amortization		523			448			173			157
Uncollectible amounts in lease income		(3,490	)		(719	)		(1,645	)		(223	)
ASC Topic 842 cash basis lease income reversal		(2,686	)		-			(2,686	)		-
Total lease income	$	90,003		$	99,067		$	26,855		$	32,457

Future Minimum Rents under Non-Cancelable Operating Leases

Future minimum rents under non-cancelable operating leases for the next five years and thereafter, excluding variable lease payments, are as follows (In thousands):

Fiscal Year Ending
2020 (a)	$	24,253
2021		94,534
2022		81,384
2023		54,679
2024		43,358
Thereafter		192,037
Total	$	490,245

(a)  The future minimum rental income for fiscal 2020 includes amounts due between August 1, 2020 through October 31, 2020.