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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 31, 2017
Oct. 31, 2016
ASSETS    
Real estate, at cost, net of accumulated depreciation $ 331,965 $ 336,770
Construction in progress 129 128
Cash and cash equivalents 7,899 10,906
Tenants' security accounts 2,007 1,875
Receivables arising from straight-lining of rents 3,359 2,725
Accounts receivable, net of allowance for doubtful accounts of $175 and $191 as of October 31, 2017 and 2016, respectively 1,767 1,730
Secured loans receivable 5,451 5,451
Prepaid expenses and other assets 9,135 6,559
Qualified intermediary deposit - 1031 exchange 6,965
Deferred charges, net 2,680 1,736
Interest rate swap contracts 1,600 91
Total Assets 372,957 367,971
Liabilities:    
Mortgages and construction loan payable 323,435 329,719
Less unamortized debt issuance costs 1,863 2,521
Mortgages payable, net (Note 4) 321,572 327,198
Due to affiliate 5,172
Deferred trustee compensation payable 9,078 9,078
Accounts payable and accrued expenses 3,870 8,379
Dividends payable 2,022
Tenants' security deposits 2,960 2,817
Deferred revenue 1,276 1,134
Interest rate swap contracts 439 1,882
Total Liabilities 344,367 352,510
Commitments and contingencies (Note 7)
Common equity:    
Shares of beneficial interest without par value: 8,000,000 shares authorized; 6,993,152 shares issued plus 122,092 and 77,544 vested share units granted to Trustees at October 31, 2017 and 2016, respectively 27,651 26,713
Treasury stock, at cost: 253,083 shares at October 31, 2017 and 2016 (5,273) (5,273)
Dividends in excess of net income (4,824) (16,916)
Accumulated other comprehensive income (loss) 284 (1,690)
Total Common Equity 17,838 2,834
Noncontrolling interests in subsidiaries 10,752 12,627
Total Equity 28,590 15,461
Total Liabilities and Equity $ 372,957 $ 367,971