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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 31, 2019
Oct. 31, 2018
ASSETS    
Real estate, at cost, net of accumulated depreciation $ 330,108 $ 344,532
Construction in progress 395 159
Cash and cash equivalents 38,075 21,747
Tenants' security accounts 2,278 2,212
Receivables arising from straight-lining of rents 4,374 3,964
Accounts receivable, net of allowance for doubtful accounts of $379 and $276 as of October 31, 2019 and 2018, respectively 1,741 1,436
Secured loans receivable 5,053 4,862
Prepaid expenses and other assets 5,951 6,034
Deferred charges, net 2,643 2,693
Interest rate cap and swap contracts 4,434
Total Assets 390,618 392,073
Liabilities:    
Mortgages payable 352,790 350,504
Less unamortized debt issuance costs 2,886 3,498
Mortgages payable, net (Note 5) 349,904 347,006
Due to affiliate 5,705 5,417
Deferred trustee compensation payable 7,610 8,457
Accounts payable and accrued expenses 3,097 1,910
Dividends payable 1,357 338
Tenants' security deposits 3,381 3,232
Deferred revenue 1,390 1,369
Interest rate swap contract 2,126
Total Liabilities 374,570 367,729
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 192,122 and 157,395 vested share units granted to Trustees at October 31, 2019 and 2018, respectively 28,847 28,288
Treasury stock, at cost: 206,408 and 235,536 shares at October 31, 2019 and 2018, respectively (4,330) (4,941)
Dividends in excess of net income (6,762) (4,376)
Accumulated other comprehensive (loss) income (2,040) 2,517
Total Common Equity 15,715 21,488
Noncontrolling interests in subsidiaries 333 2,856
Total Equity 16,048 24,344
Total Liabilities and Equity $ 390,618 $ 392,073