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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Jan. 31, 2012
Jan. 31, 2011
Operating activities:    
Net income $ 1,562 $ 1,360
Depreciation 1,531 1,511
Amortization 148 144
Net amortization of acquired leases (9) 6
Changes in operating assets and liabilities:    
Tenants' security accounts 7 69
Accounts receivable and straight-line rents receivable, prepaid expenses and other assets 397 918
Accounts payable, accrued expenses and deferred trustee compensation plan 157 398
Tenants' security deposits 18 (90)
Deferred revenue (158) 61
Net cash provided by operating activities 3,653 4,377
Investing activities:    
Capital improvements - existing properties (2,472) (469)
Construction and pre-development costs (6) (1,000) [1]
Net cash used in investing activities (2,478) (1,469)
Financing activities:    
Repayment of mortgages (778) (747)
Proceeds from mortgages and construction loans 2,021   
Deferred financing costs (1)   
Dividends paid (2,083) (2,083)
Distributions to noncontrolling interests (197) (282)
Net cash used in financing activities (1,038) (3,112)
Net increase (decrease) in cash and cash equivalents 137 (204)
Cash and cash equivalents, beginning of period 6,317 6,769
Cash and cash equivalents, end of period 6,454 6,565
Supplemental disclosure of cash flow data:    
Interest paid 2,597 2,702
Investing activities:    
Accrued capital expenditures, construction costs, pre-development costs and interest 1,064 54
Financing activities:    
Dividends declared but not paid $ 2,083 $ 2,083
[1] Incurred and accrued in fiscal 2009.