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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Apr. 30, 2019
Oct. 31, 2018
ASSETS    
Real estate, at cost, net of accumulated depreciation $ 334,425 $ 344,532
Construction in progress 278 159
Cash and cash equivalents 25,291 21,747
Tenants' security accounts 2,236 2,212
Receivables arising from straight-lining of rents 4,151 3,964
Accounts receivable, net of allowance for doubtful accounts of $256 and $276 as of April 30, 2019 and October 31, 2018, respectively 1,784 2,298
Secured loans receivable 4,000 4,000
Prepaid expenses and other assets 5,544 6,034
Deferred charges, net 2,653 2,693
Interest rate cap and swap contracts 1,571 4,434
Total Assets 381,933 392,073
Liabilities:    
Mortgages payable 343,126 350,504
Less unamortized debt issuance costs 2,951 3,498
Mortgages payable, net 340,175 347,006
Due to affiliate 5,560 5,417
Deferred trustee compensation payable 7,610 8,457
Accounts payable and accrued expenses 2,301 1,910
Dividends payable 848 338
Tenants' security deposits 3,344 3,232
Deferred revenue 1,166 1,369
Interest rate swap contracts 481
Total Liabilities 361,485 367,729
Commitments and contingencies
Common equity:    
Shares of beneficial interest without par value: 8,000,000 shares authorized; 6,993,152 shares issued plus 164,727 and 157,395 vested share units granted to Trustees at April 30, 2019 and October 31, 2018, respectively 28,331 28,288
Treasury stock, at cost: 208,174 and 235,536 shares at April 30, 2019 and October 31, 2018, respectively (4,367) (4,941)
Dividends in excess of net income (5,038) (4,376)
Accumulated other comprehensive income 246 2,517
Total Common Equity 19,172 21,488
Noncontrolling interests in subsidiaries 1,276 2,856
Total Equity 20,448 24,344
Total Liabilities and Equity $ 381,933 $ 392,073