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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 31, 2018
Oct. 31, 2017
ASSETS    
Real estate, at cost, net of accumulated depreciation $ 344,532 $ 331,965
Construction in progress 159 129
Cash and cash equivalents 21,747 7,899
Tenants' security accounts 2,212 2,007
Receivables arising from straight-lining of rents 3,964 3,359
Accounts receivable, net of allowance for doubtful accounts of $276 and $175 as of October 31, 2018 and 2017, respectively 2,298 1,767
Secured loans receivable 4,000 5,451
Prepaid expenses and other assets 6,034 9,135
Qualified intermediary deposit - 1031 exchange 6,965
Deferred charges, net 2,693 2,680
Interest rate cap and swap contracts 4,434 1,600
Total Assets 392,073 372,957
Liabilities:    
Mortgages payable 350,504 323,435
Less unamortized debt issuance costs 3,498 1,863
Mortgages payable, net (Note 5) 347,006 321,572
Due to affiliate 5,417 5,172
Deferred trustee compensation payable 8,457 9,078
Accounts payable and accrued expenses 1,910 3,870
Dividends payable 338
Tenants' security deposits 3,232 2,960
Deferred revenue 1,369 1,276
Interest rate swap contract 439
Total Liabilities 367,729 344,367
Commitments and contingencies (Note 8)
Common equity:    
Shares of beneficial interest without par value: 8,000,000 shares authorized; 6,993,152 shares issued plus 157,395 and 122,092 vested share units granted to Trustees at October 31, 2018 and 2017, respectively 28,288 27,651
Treasury stock, at cost: 235,536 and 253,083 shares at October 31, 2018 and 2017, respectively (4,941) (5,273)
Dividends in excess of net income (4,376) (4,824)
Accumulated other comprehensive income 2,517 284
Total Common Equity 21,488 17,838
Noncontrolling interests in subsidiaries 2,856 10,752
Total Equity 24,344 28,590
Total Liabilities and Equity $ 392,073 $ 372,957