CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015
ASSETS
Real estate, at cost, net of accumulated depreciation	$ 336,770	$ 219,430
Construction in progress	128	101,415
Cash and cash equivalents	10,906	13,500
Tenants' security accounts	1,875	1,728
Receivables arising from straight-lining of rents, net of allowance for loss in 2015	2,725	2,604
Accounts receivable, net of allowance for doubtful accounts	1,730	2,105
Secured loans receivable	5,451	5,451
Prepaid expenses and other assets	6,559	4,555
Deferred charges, net	1,736	1,327
Interest rate swap contract	91
Total Assets	367,971	352,115
Liabilities:
Mortgages and construction loan payable	329,719	307,899
Less unamortized debt issuance costs	2,521	3,129
Mortgages payable, net (Note 5)	327,198	304,770
Deferred trustee compensation payable	9,078	9,078
Accounts payable and accrued expenses	8,379	10,305
Dividends payable	2,022	2,018
Tenants' security deposits	2,817	2,561
Deferred revenue	1,134	1,080
Interest rate swap contracts	1,882	1,066
Total Liabilities	352,510	330,878
Commitments and contingencies (Note 8)
Common equity:
Shares of beneficial interest without par value: 8,000,000 shares authorized; 6,993,152 shares issued plus 77,544 and 39,350 vested share units granted to Trustees at October 31, 2016 and 2015, respectively	26,713	25,860
Treasury stock, at cost: 253,083 and 266,283 shares at October 31, 2016 and 2015, respectively	(5,273)	(5,517)
Dividends in excess of net income	(16,916)	(11,769)
Accumulated other comprehensive loss	(1,690)	(1,030)
Total Common Equity	2,834	7,544
Noncontrolling interests in subsidiaries	12,627	13,693
Total Equity	15,461	21,237
Total Liabilities and Equity	$ 367,971	$ 352,115