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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Jan. 31, 2013
Jan. 31, 2012
Operating activities:    
Net income $ 1,700 $ 1,562
Depreciation 1,514 1,531
Amortization 149 148
Net amortization of acquired leases 6 (9)
Income tax adjustment on gain on sale of discontinued operation (720)  
Changes in operating assets and liabilities:    
Tenants' security accounts 39 7
Accounts receivable and straight-line rents receivable, prepaid expenses and other assets 431 397
Accounts payable, accrued expenses and deferred trustee compensation (853) 157
Tenants' security deposits (58) 18
Deferred revenue 162 (158)
Net cash provided by operating activities 2,370 3,653
Investing activities:    
Capital improvements - existing properties (261) (2,472)
Construction and pre-development costs (1,610) (6)
Net cash used in investing activities (1,871) (2,478)
Financing activities:    
Repayment of mortgages and construction loans (23,851) (778)
Proceeds from mortgages loan refinancings 42,750   
Proceeds from constructon loans    2,021
Deferred financing costs (947) (1)
Dividends paid (1,389) (2,083)
Distributions to noncontrolling interests (278) (197)
Net cash provided by (used in) financing activities 16,285 (1,038)
Net increase in cash and cash equivalents 16,784 137
Cash and cash equivalents, beginning of period 10,610 6,317
Cash and cash equivalents, end of period 27,394 6,454
Supplemental disclosure of cash flow data:    
Interest paid 2,779 2,597
Income taxes paid 1,245   
Investing activities:    
Accrued capital expenditures, construction costs, pre-development costs and interest 1,210 1,064
Financing activities:    
Dividends declared but not paid $ 2,083 $ 2,083