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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 31, 2020
Oct. 31, 2019
ASSETS    
Real estate, at cost, net of accumulated depreciation $ 278,150 $ 330,108
Construction in progress 566 395
Cash and cash equivalents 36,860 38,075
Investment in tenancy-in-common 20,101
Tenants' security accounts 1,408 2,278
Receivables arising from straight-lining of rents 3,977 4,374
Accounts receivable, net of allowance for doubtful accounts of $804 and $379 as of October 31, 2020 and 2019, respectively 1,811 1,741
Secured loans receivable 5,194 5,053
Prepaid expenses and other assets 4,985 5,951
Deferred charges, net 2,163 2,643
Total Assets 355,215 390,618
Liabilities:    
Mortgages payable, including deferred interest of $360 and $0 as of October 31, 2020 and 2019, respectively 307,240 352,790
Less unamortized debt issuance costs 1,810 2,886
Mortgages payable, net (Note 5) 305,430 349,904
Due to affiliate 5,921 5,705
Deferred trustee compensation payable 2,633 7,610
Accounts payable and accrued expenses 2,277 3,097
Dividends payable 1,357
Tenants' security deposits 2,124 3,381
Deferred revenue 1,043 1,390
Interest rate cap and swap contracts 4,924 2,126
Total Liabilities 324,352 374,570
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 152,144 and 192,122 vested share units granted to Trustees at October 31, 2020 and 2019, respectively 27,960 28,847
Treasury stock, at cost: 136,501 and 206,408 shares at October 31, 2020 and 2019, respectively (2,863) (4,330)
Undistributed earnings (dividends in excess of net income) 13,791 (6,762)
Accumulated other comprehensive loss (3,986) (2,040)
Total Common Equity 34,902 15,715
Noncontrolling interests in subsidiaries (4,039) 333
Total Equity 30,863 16,048
Total Liabilities and Equity $ 355,215 $ 390,618