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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jan. 31, 2021
Jan. 31, 2020
Operating activities:    
Net income (loss) $ 779 $ (2,021)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation 2,295 2,932
Amortization 404 392
Stock based compensation expense 12 12
Trustee fees, consultant fee and related interest paid in stock units 110 211
Loss on investment in tenancy-in-common 27
Deferred rents - straight line rent 206 (63)
Bad debt expense 171 133
Changes in operating assets and liabilities:    
Tenants' security accounts (46) (106)
Accounts receivable, prepaid expenses and other assets 483 903
Accounts payable, accrued expenses and deferred trustee compensation payable 728 (4,510)
Deferred revenue (115) (186)
Due to affiliate - accrued interest 44 66
Deferred interest on mortgages (2)
Net cash provided by (used in) operating activities 5,096 (2,237)
Investing activities:    
Capital improvements - existing properties (409) (345)
Net cash used in investing activities (409) (345)
Financing activities:    
Repayment of mortgages (969) (1,038)
Deferred financing costs (73)
Dividends paid (1,357)
Distributions to noncontrolling interests in subsidiaries (583)
Net cash used in financing activities (1,042) (2,978)
Net increase (decrease) in cash, cash equivalents and restricted cash 3,645 (5,560)
Cash, cash equivalents and restricted cash, beginning of period 39,517 42,488
Cash, cash equivalents and restricted cash, end of period 43,162 36,928
Supplemental disclosure of cash flow data:    
Interest paid 2,472 3,843
Operating activities:    
Commercial tenant security deposits applied to accounts receivable 18
Investing activities:    
Accrued capital expenditures, construction costs, pre-development costs and interest 75 273
Financing activities:    
Dividends declared but not paid 342
Dividends paid in share units 8
Vested share units issued to consultant and retired trustee $ 1,401