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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Jul. 31, 2022
Jul. 31, 2021
Jul. 31, 2022
Jul. 31, 2021
Oct. 31, 2021
Cash Flows from Operating Activities:          
Net income $ 10,924 $ 22,675 $ 32,069 $ 40,437  
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation and amortization 7,644 7,063 22,360 21,773  
Straight-line rent adjustment     48 2,702  
Provision for tenant credit losses     238 3,261  
Loss on sale of property     (768) (12,214)  
Restricted stock compensation expense and other adjustments     2,652 2,932  
Deferred compensation arrangement     (9) 28  
Equity in net (income) of unconsolidated joint ventures (224) (365) (814) (1,025)  
Distributions of operating income from unconsolidated joint ventures     814 1,025  
Changes in operating assets and liabilities:          
Tenant receivables     (395) (3,328)  
Accounts payable and accrued expenses     4,021 3,930  
Other assets and other liabilities, net     (2,911) (5,057)  
Net Cash Flow Provided by Operating Activities     57,305 54,464  
Cash Flows from Investing Activities:          
Acquisitions of real estate investments     (35,671) 0  
Purchases of securities available for sale     0 (645)  
Net proceeds from sale of properties     4,400 16,707  
Improvements to properties and deferred charges     (10,023) (13,503)  
Payments to Acquire Mortgage Notes Receivable       (1,546)  
Proceeds from sale and collection of mortgage notes receivable     409    
Return of capital from unconsolidated joint ventures     1,740 362  
Net Cash Flow Provided by/(Used in) Investing Activities     (39,145) 1,375  
Cash Flows from Financing Activities:          
Dividends paid - Common and Class A Common Stock     (28,038) (20,003)  
Dividends paid - Preferred Stock     (10,238) (10,238)  
Amortization payments on mortgage notes payable     (5,312) (5,179)  
Proceeds from Issuance of First Mortgage Bond     46,000 0  
Repayments of First Mortgage Bond     (32,412) 0  
Proceeds from revolving credit line borrowings     20,000 0  
Repayments on revolving credit line borrowings     (10,000) (30,000)  
Acquisitions of noncontrolling interests     (1,860) (4,566)  
Distributions to noncontrolling interests     (2,695) (2,724)  
Payment of taxes on shares withheld for employee taxes     (590) (320)  
Net proceeds from the issuance of Common and Class A Common Stock     147 104  
Payments for Repurchase of Common Stock     (5,049) (717)  
Net Cash Flow Provided by (Used in) Financing Activities     (30,047) (73,643)  
Net Increase/(Decrease) In Cash and Cash Equivalents     (11,887) (17,804)  
Cash and Cash Equivalents at Beginning of Period     24,057 40,795 $ 40,795
Cash and Cash Equivalents at End of Period $ 12,170 $ 22,991 12,170 22,991 $ 24,057
Supplemental Cash Flow Disclosures:          
Interest Paid     $ 9,282 $ 9,944