CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Jul. 31, 2015	Oct. 31, 2014
ASSETS
Real estate, at cost, net of accumulated depreciation	$ 220,257,000	$ 222,317,000
Construction in progress	89,906,000	50,146,000
Cash and cash equivalents	14,631,000	10,554,000
Tenants' security accounts	1,652,000	1,590,000
Receivables arising from straight-lining of rents	3,648,000	3,869,000
Accounts receivable, net of allowance for doubtful accounts	1,613,000	1,673,000
Secured loans receivable	5,451,000	5,451,000
Prepaid expenses and other assets	4,285,000	4,059,000
Deferred charges, net	4,650,000	5,143,000
Interest rate swap contract	145,000	515,000
Total Assets	346,238,000	305,317,000
Liabilities:
Mortgages payable	299,005,000	251,552,000
Deferred trustee compensation payable	9,078,000	9,017,000
Accounts payable and accrued expenses	8,681,000	9,495,000
Dividends payable	2,018,000	2,046,000
Tenants' security deposits	2,526,000	2,319,000
Deferred revenue	664,000	$ 1,042,000
Interest rate swap contract	556,000
Total Liabilities	$ 322,528,000	$ 275,471,000
Commitments and contingencies
Common equity:
Shares of beneficial interest without par value: 8,000,000 shares authorized; 6,993,152 shares issued	$ 25,644,000	$ 24,985,000
Treasury stock, at cost: 266,283 shares at July 31, 2015 and 171,981 at October 31, 2014	(5,517,000)	(3,348,000)
Dividends in excess of net income	(9,827,000)	(6,270,000)
Accumulated other comprehensive (loss) income	(455,000)	360,000
Total Common Equity	9,845,000	15,727,000
Noncontrolling interests in subsidiaries	13,865,000	14,119,000
Total Equity	23,710,000	29,846,000
Total Liabilities and Equity	$ 346,238,000	$ 305,317,000