CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2019	Jan. 31, 2018
Operating activities:
Net income (loss)	$ 435	$ (920)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation	2,824	2,711
Amortization	422	295
Unrealized loss on interest rate cap contract	154
Stock based compensation expense	34	31
Trustee fees, consultant fee and related interest paid in stock units	228	201
Deferred rents - straight line rent	(67)	(98)
Bad debt expense	56	130
Changes in operating assets and liabilities:
Tenants' security deposits	71	173
Accounts receivable, prepaid expenses and other assets	725	(1,086)
Accounts payable, accrued expenses and deferred trustee compensation	(24)	150
Deferred revenue	(265)	(44)
Net cash provided by operating activities	4,593	1,543
Investing activities:
Capital improvements - existing properties	(805)	(1,153)
Acquisition of Station Place		(19,542)
Net cash used in investing activities	(805)	(20,695)
Financing activities:
Repayment of mortgages	(1,087)	(30,172)
Proceeds from mortgage loan refinancing		48,000
Proceeds from acquisition mortgage loan		12,350
Refinancing good faith deposit refund		960
Advanced funding for construction loan reserve		506
Deferred financing costs		(811)
Dividends paid	(338)
Due to affiliate	71	54
Distributions to noncontrolling interests	(294)	(6,084)
Net cash (used in) provided by financing activities	(1,648)	24,803
Net increase in cash, cash equivalents and restricted cash	2,140	5,651
Cash, cash equivalents and restricted cash, beginning of period	26,394	21,838
Cash, cash equivalents and restricted cash, end of period	28,534	27,489
Supplemental disclosure of cash flow data:
Interest paid, net of amounts capitalized	4,176	4,816
Investing activities:
Accrued capital expenditures, construction costs, pre-development costs and interest	172	292
Financing activities:
Dividends declared but not paid	1,014
Dividends paid in share units	$ 26