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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jan. 31, 2020
Jan. 31, 2019
Operating activities:    
Net (loss) income $ (2,021) $ 435
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Depreciation 2,932 2,824
Amortization 392 422
Unrealized loss on interest rate cap contract 154
Stock based compensation expense 12 34
Trustee fees, consultant fee and related interest paid in stock units 211 228
Deferred rents - straight line rent (63) (67)
Bad debt expense 133 56
Changes in operating assets and liabilities:    
Tenants' security accounts (106) 71
Accounts receivable, prepaid expenses and other assets 903 725
Accounts payable, accrued expenses and deferred trustee compensation payable (4,510) (24)
Deferred revenue (186) (265)
Due to affiliate - accrued interest 66 71
Net cash (used in) provided by operating activities (2,237) 4,664
Investing activities:    
Capital improvements - existing properties (345) (805)
Net cash used in investing activities (345) (805)
Financing activities:    
Repayment of mortgages (1,038) (1,087)
Dividends paid (1,357) (338)
Distributions to noncontrolling interests (583) (294)
Net cash used in financing activities (2,978) (1,719)
Net (decrease) increase in cash, cash equivalents and restricted cash (5,560) 2,140
Cash, cash equivalents and restricted cash, beginning of period 42,488 26,394
Cash, cash equivalents and restricted cash, end of period 36,928 28,534
Supplemental disclosure of cash flow data:    
Interest paid, net of amounts capitalized 3,843 4,176
Investing activities:    
Accrued capital expenditures, construction costs, pre-development costs and interest 273 172
Financing activities:    
Dividends declared but not paid 1,014
Dividends paid in share units 26
Vested share units issued to consultant and retired trustee $ 1,401 $ 20