CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2017	Jan. 31, 2016
Operating activities:
Net income (loss)	$ (344)	$ 1,043
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation	2,530	1,720
Amortization	386	171
Stock based compensation expense	31	24
Trustee fees and related interest paid in stock units	198	167
Deferred rents - straight line rent	(138)	23
Bad debt expense	61	92
Changes in operating assets and liabilities:
Tenants' security accounts	8	54
Accounts receivable, prepaid expenses and other assets	337	879
Accounts payable, accrued expenses and deferred trustee compensation	(1,256)	(279)
Deferred revenue	(204)	(130)
Net cash provided by operating activities	1,609	3,764
Investing activities:
Capital improvements - existing properties	(4,225)	(604)
Construction and pre-development costs		(8,538)
Net cash used in investing activities	(4,225)	(9,142)
Financing activities:
Repayment of mortgages and construction loan	(988)	(1,032)
Advance funding for construction loan interest reserve	(1,096)
Proceeds from construction loan	1,349	8,231
Deferred financing costs	(58)	(5)
Dividends paid	(2,022)	(2,018)
Due to affiliate	1,329
Distributions to noncontrolling interests	(150)	(150)
Net cash provided by (used in) financing activities	(1,636)	5,026
Net decrease in cash and cash equivalents	(4,252)	(352)
Cash and cash equivalents, beginning of period	10,906	13,500
Cash and cash equivalents, end of period	6,654	13,148
Supplemental disclosure of cash flow data:
Interest paid, net of amounts capitalized	3,491	2,745
Investing activities:
Accrued capital expenditures, construction costs, pre-development costs and interest	325	2,273
Financing activities:
Dividends declared but not paid	1,011	2,018
Dividends paid in share units	$ 13	$ 15