CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $) In Thousands	Jul. 31, 2011	Oct. 31, 2010
ASSETS
Real estate, at cost, net of accumulated depreciation	$ 207,216	$ 210,745
Construction in progress	10,245	9,760
Cash and cash equivalents	6,307	6,769
Tenants' security accounts	1,946	2,005
Sundry receivables	5,203	5,872
Secured loans receivable	3,323	3,326
Prepaid expenses and other assets	3,322	3,264
Acquired over market leases and in-place lease costs	422	523
Deferred charges, net	2,531	2,864
Total Assets	240,515	245,128
Liabilities:
Mortgages payable	202,689	204,604
Accounts payable and accrued expenses	7,134	6,920
Dividends payable	2,083	2,083
Tenants' security deposits	2,590	2,668
Acquired below market value leases and deferred revenue	2,990	3,319
Total liabilities	217,486	219,594
Commitments and contingencies
Shares of beneficial interest without par value:
8,000,000 shares authorized; 6,993,152 shares issued	24,969	24,969
Treasury stock, at cost: 51,009 shares	(1,135)	(1,135)
Dividends in excess of net income	(9,436)	(7,032)
Total common equity	14,398	16,802
Noncontrolling interests in subsidiaries	8,631	8,732
Total equity	23,029	25,534
Total Liabilities & Equity	$ 240,515	$ 245,128