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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Apr. 30, 2014
Apr. 30, 2013
Operating activities:    
Net income $ 10,750 $ 3,612
Adjustments to reconcile net income to net cash provided by operating activities (including discontinued operations):    
Depreciation 3,040 3,030
Amortization 316 316
Net amortization of acquired leases 11 12
Gain on sale of discontinued operation (8,734) (1,377)
Income tax adjustment on gain on sale of discontinued operation   (720)
Changes in operating assets and liabilities:    
Tenants' security accounts 5 88
Accounts and straight-line rents receivable, prepaid expenses and other assets (686) 973
Accounts payable, accrued expenses and deferred trustee compensation 627 (690)
Tenants' security deposits 21 (102)
Deferred revenue (125) (113)
Net cash provided by operating activities 5,225 5,029
Investing activities:    
Capital improvements - existing properties (2,305) (620)
Construction and pre-development costs (6,602) (2,504)
Secured loans receivable to noncontrolling interest (2,128)  
Net cash used in investing activities (11,035) (3,124)
Financing activities:    
Repayment of mortgages and construction loan (13,110) (24,837)
Proceeds from mortgage loan refinancings 19,700 42,750
Proceeds from construction loan 19,000  
Deferred financing costs (2,583) (947)
Dividends paid (6,658) (3,472)
Repurchase of Company stock-Treasury shares (357)  
Additional investment by noncontrolling interest 2,128  
Distributions to noncontrolling interests (466) (403)
Net cash provided by financing activities 17,654 13,091
Net increase in cash and cash equivalents 11,844 14,996
Cash and cash equivalents, beginning of period 7,801 10,610
Cash and cash equivalents, end of period 19,645 25,606
Supplemental disclosure of cash flow data:    
Interest paid, net of amounts capitalized 5,319 5,588
Income taxes paid   1,245
Investing activities:    
Proceeds from sale of discontinued operation, held in escrow pending 1031 exchange 9,770 1,461
Accrued capital expenditures, construction costs, pre-development costs and interest 6,336 1,496
Financing activities:    
Dividends declared but not paid $ 2,077 $ 2,083