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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Oct. 31, 2013
Oct. 31, 2012
ASSETS    
Real estate, at cost, net of accumulated depreciation $ 205,451 $ 207,982
Construction in progress 12,092 6,102
Cash and cash equivalents 7,801 10,610
Tenants' security accounts 1,435 1,659
Receivables arising from straight-lining of rents 4,259 4,272
Accounts receivable, net of allowance for doubtful accounts 2,602 2,675
Secured loans receivable 3,323 3,323
Prepaid expenses and other assets 3,366 3,464
Acquired over market leases and in-place lease costs 27 60
Deferred charges, net 2,915 2,153
Interest rate swap contract 980  
Total Assets 244,251 242,300
Liabilities:    
Mortgages payable 199,423 200,420
Deferred trustee compensation plan 7,813 6,712
Accounts payable and accrued expenses, including taxes payable of $1,965 at October 31, 2012. 5,656 4,136
Dividends payable 4,582 1,389
Tenants' security deposits 2,118 2,325
Deferred revenue 854 1,143
Total Liabilities 220,446 216,125
Commitments and contingencies (Note 7)      
Common equity:    
Shares of beneficial interest without par value: 8,000,000 shares authorized; 6,993,152 shares issued 24,969 24,969
Treasury stock, at cost: 51,009 shares (1,135) (1,135)
Dividends in excess of net income (9,651) (6,270)
Accumulated other comprehensive income 686   
Total common equity 14,869 17,564
Noncontrolling interests in subsidiaries 8,936 8,611
Total equity 23,805 26,175
Total Liabilities and Equity $ 244,251 $ 242,300