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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jan. 31, 2018
Oct. 31, 2017
ASSETS    
Real estate, at cost, net of accumulated depreciation $ 349,827 $ 331,965
Construction in progress 130 129
Cash and cash equivalents 21,717 7,899
Tenants' security accounts 2,141 2,007
Receivables arising from straight-lining of rents 3,457 3,359
Accounts receivable, net of allowance for doubtful accounts of $297 and $175 as of January 31, 2018 and October 31, 2017, respectively 1,737 1,767
Secured loans receivable 5,451 5,451
Prepaid expenses and other assets 7,126 9,135
Qualified intermediary deposit - 1031 exchange 6,965
Deferred charges, net 2,728 2,680
Interest rate swap contracts 2,792 1,600
Total Assets 397,106 372,957
Liabilities:    
Mortgages and construction loan payable 353,613 323,435
Less unamortized debt issuance costs 2,524 1,863
Mortgages payable, net 351,089 321,572
Due to affiliate 5,226 5,172
Deferred trustee compensation payable 9,078 9,078
Accounts payable and accrued expenses 3,899 3,870
Tenants' security deposits 3,133 2,960
Deferred revenue 1,232 1,276
Interest rate swap contracts 439
Total Liabilities 373,657 344,367
Commitments and contingencies
Common equity:    
Shares of beneficial interest without par value: 8,000,000 shares authorized; 6,993,152 shares issued plus 135,381 and 122,092 vested share units granted to trustees at January 31, 2018 and October 31, 2017, respectively 27,883 27,651
Treasury stock, at cost: 253,083 shares at January 31, 2018 and October 31, 2017 (5,273) (5,273)
Dividends in excess of net income (5,181) (4,824)
Accumulated other comprehensive income 1,382 284
Total Common Equity 18,811 17,838
Noncontrolling interests in subsidiaries 4,638 10,752
Total Equity 23,449 28,590
Total Liabilities and Equity $ 397,106 $ 372,957