XML 63 R34.htm IDEA: XBRL DOCUMENT v3.20.1
Interest rate cap and swap contracts (Details) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended
Feb. 07, 2018
Dec. 07, 2017
Sep. 29, 2016
Apr. 30, 2020
Feb. 28, 2020
Apr. 30, 2019
Apr. 30, 2020
Apr. 30, 2019
Oct. 31, 2019
Apr. 22, 2016
Dec. 26, 2012
Derivative [Line Items]                      
Mortgages payable       $ 302,912,000     $ 302,912,000   $ 352,790,000    
Interest rate swap contract liability       5,498,000     5,498,000   2,126,000    
Unrealized loss on derivatives         $ 5,000 $ 159,000      
Net unrealized gain (loss) on interest rate swap contracts       (2,982,000)   (821,000) (3,372,000) (3,185,000)      
Damascus Centre Swap [Member]                      
Derivative [Line Items]                      
Interest rate swap contract liability       730,000     730,000        
Wayne PSC swap [Member]                      
Derivative [Line Items]                      
Interest rate swap contract liability       1,394,000     1,394,000        
Regency Swap [Member]                      
Derivative [Line Items]                      
Interest rate swap contract liability       1,523,000     1,523,000        
Station Place [Member]                      
Derivative [Line Items]                      
Interest rate swap contract liability       1,851,000     1,851,000        
Grande Rotunda LLC [Member]                      
Derivative [Line Items]                      
Interest rate swap contract liability       0     0        
Station Place [Member]                      
Derivative [Line Items]                      
Loan amount   $ 12,350,000   12,300,000     12,300,000        
Notional amount of interest rate swap       12,300,000     12,300,000        
Fixed interest rate   4.35%                  
Interest rate swap contract liability                 1,034,000    
Basis points, interest rate   1.80%                  
Maturity date of interest rate cap   Dec. 15, 2027                  
Grande Rotunda LLC [Member]                      
Derivative [Line Items]                      
Interest rate cap contract liability                 0    
Unrealized loss on derivatives           $ 5,000   $ 159,000      
Wells Fargo Bank [Member]                      
Derivative [Line Items]                      
Loan amount $ 115,300,000                    
Aareal Capital Corporation [Member]                      
Derivative [Line Items]                      
Loan amount 118,500,000                    
Available to draw $ 3,380,000                    
Basis points, interest rate 2.85%                    
Maturity date of loan Feb. 06, 2021                    
Grande Rotunda LLC Loan [Member]                      
Derivative [Line Items]                      
Loan amount       118,500,000     118,500,000        
Notional amount of interest rate cap       $ 121,900,000 $ 121,900,000   $ 121,900,000        
Interest rate cap       3.00% 3.00%   3.00%        
Maturity date of interest rate cap         Mar. 05, 2021   Mar. 05, 2020        
Wayne PSC, LLC Loan [Member]                      
Derivative [Line Items]                      
Refinanced loan amount     $ 24,200,000                
Loan amount     $ 25,800,000 $ 23,400,000     $ 23,400,000        
Notional amount of interest rate swap       23,400,000     23,400,000        
Fixed interest rate     3.625%                
Basis points, interest rate     2.20%                
Maturity date of interest rate cap     Oct. 01, 2026                
People's United Bank [Member]                      
Derivative [Line Items]                      
Loan amount       19,100,000     19,100,000        
Mortgages payable                   $ 2,320,000  
Notional amount of interest rate swap       $ 19,100,000     $ 19,100,000        
People's United Bank [Member] | Tranche One [Member]                      
Derivative [Line Items]                      
Loan amount                     $ 20,000,000
Fixed interest rate       3.81%     3.81%        
Basis points, interest rate             2.10%        
Maturity date of loan             Jan. 03, 2023        
People's United Bank [Member] | Tranche Two [Member]                      
Derivative [Line Items]                      
Loan amount                   $ 2,320,000  
Fixed interest rate       3.53%     3.53%        
Regency Loan [Member]                      
Derivative [Line Items]                      
Refinanced loan amount             $ 16,200,000        
Loan amount       $ 15,400,000     15,400,000        
Notional amount of interest rate swap       $ 15,400,000     $ 15,400,000        
Fixed interest rate       3.75%     3.75%        
Basis points, interest rate             1.25%        
Maturity date of loan             Dec. 15, 2024        
Damascus Centre [Member]                      
Derivative [Line Items]                      
Interest rate swap contract liability                 179,000    
Wayne PSC swap [Member]                      
Derivative [Line Items]                      
Interest rate swap contract liability                 53,000    
Regency Swap [Member]                      
Derivative [Line Items]                      
Interest rate swap contract liability                 $ 860,000