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RELATED PARTY TRANSACTIONS	12 Months Ended
Oct. 31, 2013
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	17. RELATED PARTY TRANSACTIONS: Kimco Realty Services, Inc., or Kimco, is our controlling shareholder and Kimco Realty Corporation, the parent company of Kimco, provides consulting services to us. The services are focused on land development, acquisitions and disposals. Kimco was paid $0 in consulting fees in Fiscal 2013 and 2012, and $75,000 in consulting fees in Fiscal 2011. Kimco Realty Corporation has served as the management company for the Coursey Commons Shopping Center in Baton Rouge, Louisiana since June 2004. A wholly owned subsidiary of Kimco Realty Corporation, KRC Property Management I, Inc., receives a fixed monthly fee of 4.5% of rental income on store leases in this shopping center. During Fiscal 2013, 2012 and 2011, that subsidiary received $43,393, $39,812 and $41,272, respectively for management fees earned on the shopping center. Mr. Frederick N. Kurz, Jr., the Chairman of our Boards of Directors, is also Vice President and General Manager of Kimco Realty Corporation. Mr. Michael J. Flynn, who served as Chairman of our Boards of Directors until April 2012, was also President, Chief Operating Officer and Vice Chairman of the Board of Directors of Kimco Realty Corporation until his retirement on December 31, 2008. In addition, Mr. Patrick M. Flynn, who served as one of our directors and was our President and Chief Executive Officer until his resignation on August 12, 2011, was also a Managing Director of Real Estate at Kimco Realty Corporation. Finally, Mr. Milton Cooper, who served as one of our directors until April 2012, also serves as Executive Chairman of the Board of Directors of Kimco Realty Corporation. Amounts due to the above related parties total $0 at October 31, 2013, $0 at October 31, 2012 and $24,792 at October 31, 2011.

RELATED PARTY TRANSACTIONS

12 Months Ended

Oct. 31, 2013

17. RELATED PARTY TRANSACTIONS:

Kimco Realty Services, Inc., or Kimco, is our controlling shareholder and Kimco Realty Corporation, the parent company of Kimco, provides consulting services to us. The services are focused on land development, acquisitions and disposals. Kimco was paid $0 in consulting fees in Fiscal 2013 and 2012, and $75,000 in consulting fees in Fiscal 2011.

Kimco Realty Corporation has served as the management company for the Coursey Commons Shopping Center in Baton Rouge, Louisiana since June 2004. A wholly owned subsidiary of Kimco Realty Corporation, KRC Property Management I, Inc., receives a fixed monthly fee of 4.5% of rental income on store leases in this shopping center. During Fiscal 2013, 2012 and 2011, that subsidiary received $43,393, $39,812 and $41,272, respectively for management fees earned on the shopping center.

Mr. Frederick N. Kurz, Jr., the Chairman of our Boards of Directors, is also Vice President and General Manager of Kimco Realty Corporation. Mr. Michael J. Flynn, who served as Chairman of our Boards of Directors until April 2012, was also President, Chief Operating Officer and Vice Chairman of the Board of Directors of Kimco Realty Corporation until his retirement on December 31, 2008. In addition, Mr. Patrick M. Flynn, who served as one of our directors and was our President and Chief Executive Officer until his resignation on August 12, 2011, was also a Managing Director of Real Estate at Kimco Realty Corporation. Finally, Mr. Milton Cooper, who served as one of our directors until April 2012, also serves as Executive Chairman of the Board of Directors of Kimco Realty Corporation.

Amounts due to the above related parties total $0 at October 31, 2013, $0 at October 31, 2012 and $24,792 at October 31, 2011.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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