CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Jul. 31, 2017	Jul. 31, 2016
Operating activities:
Net income	$ 11,056	$ 3,434
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	7,887	5,263
Amortization	1,273	572
Stock based compensation expense	92	71
Trustee fees and related interest paid in stock units	607	521
Gain on sale of property	(15,395)	(314)
Deferred rents - straight line rent	(552)	(251)
Bad debt expense	152	156
Changes in operating assets and liabilities:
Tenants' security accounts	92	92
Accounts receivable, prepaid expenses and other assets	(3,065)	(870)
Accounts payable, accrued expenses and deferred trustee compensation	(1,648)	(741)
Deferred revenue	349	239
Net cash provided by operating activities	848	8,172
Investing activities:
Proceeds from sale of property	9,144	3,059
Capital improvements - existing properties	(9,348)	(2,036)
Construction and pre-development costs		(16,871)
Net cash used in investing activities	(204)	(15,848)
Financing activities:
Repayment of mortgages and construction loan	(33,010)	(3,148)
Proceeds from mortgage loan refinancing	23,500
Proceeds from additional tranche of loan		2,320
Restricted loan proceeds held in escrow		(1,850)
Proceeds from construction loan	1,349	15,214
Advance funding for construction loan interest reserve	(1,002)
Proceeds from credit line	3,000
Deferred financing costs	(359)	(60)
Dividends paid	(3,033)	(6,054)
Due to affiliate	4,814
Distributions to noncontrolling interests	(360)	(375)
Net cash (used in) provided by financing activities	(5,101)	6,047
Net decrease in cash and cash equivalents	(4,457)	(1,629)
Cash and cash equivalents, beginning of period	10,906	13,500
Cash and cash equivalents, end of period	6,449	11,871
Supplemental disclosure of cash flow data:
Interest paid, net of amounts capitalized including $1,139 in loan prepayment costs related to property sale	11,605	7,625
Investing activities:
Accrued capital expenditures, construction costs, pre-development costs and interest	253	6,717
Proceeds from sale of property, held in escrow pending 1031 exchange	6,956
Financing activities:
Dividends declared but not paid		2,018
Dividends paid in share units	$ 13	$ 53