CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Apr. 30, 2017	Apr. 30, 2016
Operating activities:
Net income (loss)	$ (2,045)	$ 1,977
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation	5,178	3,472
Amortization	761	363
Stock based compensation expense	61	47
Trustee fees and related interest paid in stock units	410	359
Deferred rents - straight line rent	(311)	25
Bad debt expense	93	140
Changes in operating assets and liabilities:
Tenants' security accounts	86	72
Accounts receivable, prepaid expenses and other assets	(429)	855
Accounts payable, accrued expenses and deferred trustee compensation	(216)	(159)
Deferred revenue	(27)	(292)
Net cash provided by operating activities	3,561	6,859
Investing activities:
Capital improvements - existing properties	(8,308)	(1,318)
Construction and pre-development costs		(12,786)
Net cash used in investing activities	(8,308)	(14,104)
Financing activities:
Repayment of mortgages and construction loan	(24,026)	(2,087)
Proceeds from mortgage loan refinancing	23,500
Proceeds from additional tranche of loan		2,320
Restricted loan proceeds held in escrow	(250)	(1,850)
Proceeds from construction loan	1,349	11,834
Advance funding for construction loan interest reserve	(693)
Proceeds from credit line	3,000
Deferred financing costs	(339)	(10)
Dividends paid	(3,033)	(4,036)
Due to affiliate	2,806
Distributions to noncontrolling interests	(270)	(345)
Net cash provided by financing activities	2,044	5,826
Net decrease in cash and cash equivalents	(2,703)	(1,419)
Cash and cash equivalents, beginning of period	10,906	13,500
Cash and cash equivalents, end of period	8,203	12,081
Supplemental disclosure of cash flow data:
Interest paid, net of amounts capitalized	6,979	5,483
Investing activities:
Accrued capital expenditures, construction costs, pre-development costs and interest	274	3,330
Financing activities:
Dividends declared but not paid		2,018
Dividends paid in share units	$ 13	$ 33