CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Oct. 31, 2014	Oct. 31, 2013
ASSETS
Real estate, at cost, net of accumulated depreciation	$ 222,317	$ 205,451
Construction in progress	50,146	12,092
Cash and cash equivalents	10,554	7,801
Tenants' security accounts	1,590	1,435
Receivables arising from straight-lining of rents	3,869	4,259
Accounts receivable, net of allowance for doubtful accounts	1,673	2,602
Secured loans receivable	5,451	3,323
Prepaid expenses and other assets	4,059	3,393
Deferred charges, net	5,143	2,915
Interest rate swap contract	515	980
Total Assets	305,317	244,251
Liabilities:
Mortgages payable	251,552	199,423
Deferred trustee compensation payable	9,017	7,813
Accounts payable and accrued expenses	9,495	5,656
Dividends payable	2,046	4,582
Tenants' security deposits	2,319	2,118
Deferred revenue	1,042	854
Total Liabilities	275,471	220,446
Commitments and contingencies (Note 8)
Common equity:
Shares of beneficial interest without par value: 8,000,000 shares authorized; 6,993,152 shares issued	24,985	24,969
Treasury stock, at cost: 171,981 shares @ October 31, 2014; 51,009 shares @ October 31, 2013	(3,348)	(1,135)
Dividends in excess of net income	(6,270)	(9,651)
Accumulated other comprehensive income	360	686
Total Common Equity	15,727	14,869
Noncontrolling interests in subsidiaries	14,119	8,936
Total Equity	29,846	23,805
Total Liabilities and Equity	$ 305,317	$ 244,251