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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Apr. 30, 2013
Apr. 30, 2012
Operating activities:    
Net income $ 3,612 $ 4,329
Depreciation 3,030 3,063
Amortization 316 295
Net amortization of acquired leases 12 (12)
Income from early lease termination    (2,950)
Deferred project cost write-off    1,490
Net gain on sale of discontinued operations (1,377)   
Income tax adjustment on gain on sale of discontinued operation (720)   
Changes in operating assets and liabilities:    
Tenants' security accounts 88 18
Accounts receivable and straight-line rents receivable, prepaid expenses and other assets 973 760
Accounts payable, accrued expenses and deferred trustee compensation (690) 579
Tenants' security deposits (102) 10
Deferred revenue (113) (85)
Net cash provided by operating activities 5,029 7,497
Investing activities:    
Capital improvements - existing properties (620) (874)
Construction and pre-development costs (2,504) (2,984) [1]
Net cash used in investing activities (3,124) (3,858)
Financing activities:    
Repayment of mortgages and construction loans (24,837) (1,746)
Proceeds from mortgages loan refinancings 42,750   
Proceeds from constructon loans    2,838
Deferred financing costs (947) (72)
Dividends paid (3,472) (4,165)
Distributions to noncontrolling interests (403) (505)
Net cash provided by (used in) financing activities 13,091 (3,650)
Net increase in cash and cash equivalents 14,996 (11)
Cash and cash equivalents, beginning of period 10,610 6,317
Cash and cash equivalents, end of period 25,606 6,306
Supplemental disclosure of cash flow data:    
Interest paid 5,588 5,227
Income taxes paid 1,245   
Investing activities:    
Proceeds from sale of discontinued operation, held in escrow pending 1031 exchange 1,461   
Accrued capital expenditures, construction costs, pre-development costs and interest 1,496 2
Financing activities:    
Dividends declared but not paid $ 2,083 $ 2,083
[1] Includes $2,227 incurred and accrued in Fiscal 2011; paid in Fiscal 2012.