CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jul. 31, 2016	Oct. 31, 2015
ASSETS
Real estate, at cost, net of accumulated depreciation	$ 213,997	$ 219,430
Construction in progress	119,981	101,415
Cash and cash equivalents	11,871	13,500
Tenants' security accounts	1,819	1,728
Receivables arising from straight-lining of rents, net of allowance for loss in 2015	2,368	2,604
Accounts receivable, net of allowance for doubtful accounts	2,163	2,105
Secured loans receivable	5,451	5,451
Prepaid expenses and other assets	6,480	4,555
Deferred charges, net	1,641	1,327
Total Assets	365,771	352,115
Liabilities:
Mortgages and construction loan payable	323,206	307,899
Less unamortized debt issuance costs	2,442	3,129
Mortgages payable, net	320,764	304,770
Deferred trustee compensation payable	9,078	9,078
Accounts payable and accrued expenses	9,948	10,305
Dividends payable	2,018	2,018
Tenants' security deposits	2,744	2,561
Deferred revenue	1,319	1,080
Interest rate swap contracts	2,681	1,066
Total Liabilities	348,552	330,878
Commitments and contingencies
Common equity:
Shares of beneficial interest without par value: 8,000,000 shares authorized; 6,993,152 shares issued plus 68,823 and 39,350 vested share units granted to trustees at July 31, 2016 and October 31, 2015, respectively	26,505	25,860
Treasury stock, at cost: 266,283 shares at July 31, 2016 and at October 31, 2015	(5,517)	(5,517)
Dividends in excess of net income	(14,819)	(11,769)
Accumulated other comprehensive loss	(2,415)	(1,030)
Total Common Equity	3,754	7,544
Noncontrolling interests in subsidiaries	13,465	13,693
Total Equity	17,219	21,237
Total Liabilities and Equity	$ 365,771	$ 352,115