Urstadt Biddle Properties (UBA) 10-K 13 Jan 15 2014 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Oct. 31, 2014	Jan. 13, 2015	Apr. 30, 2014
Entity Information [Line Items]
Entity Registrant Name	URSTADT BIDDLE PROPERTIES INC
Entity Central Index Key	1029800
Current Fiscal Year End Date	-21
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Public Float			$39,371,003
Entity Common Stock, Shares Outstanding		9,345,559
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
Document Type	10-K
Amendment Flag	FALSE
Document Period End Date	31-Oct-14
Class A Common Stock [Member]
Entity Information [Line Items]
Entity Public Float			$470,703,727
Entity Common Stock, Shares Outstanding		26,579,465

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Oct. 31, 2014	Oct. 31, 2013
In Thousands, unless otherwise specified
Real Estate Investments:
Core properties - at cost	$830,304	$731,564
Non-core properties - at cost	0	595
Total investment property - at cost	830,304	732,159
Less: Accumulated depreciation	-161,187	-155,272
Investment property at cost - net	669,117	576,887
Investments in and advances to unconsolidated joint ventures	39,213	31,432
Total real estate investments	708,330	608,319
Cash and cash equivalents	73,029	2,945
Restricted cash	2,123	1,397
Tenant receivables	20,361	21,077
Prepaid expenses and other assets	9,749	10,898
Deferred charges, net of accumulated amortization	5,413	5,390
Total Assets	819,005	650,026
Liabilities:
Revolving credit lines	15,550	9,250
Unsecured term loan	25,000	0
Mortgage notes payable and other loans	205,147	166,246
Preferred stock called for redemption	61,250	0
Accounts payable and accrued expenses	1,622	1,450
Deferred compensation - officers	187	176
Other liabilities	16,342	15,147
Total Liabilities	325,098	192,269
Redeemable Noncontrolling Interests	18,864	11,843
Stockholders' Equity:
Excess Stock, par value $.01 per share; 10,000,000 shares authorized; none issued and outstanding	0	0
Common stock	92	90
Additional paid in capital	370,979	367,070
Cumulative distributions in excess of net income	-95,702	-112,168
Accumulated other comprehensive (loss)	63	62
Total Stockholders' Equity	475,043	445,914
Total Liabilities and Stockholders' Equity	819,005	650,026
Series D Senior Cumulative Preferred Stock [Member]
Stockholders' Equity:
Preferred stock	0	61,250
Total Stockholders' Equity	0	61,250
Series F Cumulative Preferred Stock [Member]
Stockholders' Equity:
Preferred stock	129,375	129,375
Total Stockholders' Equity	129,375	129,375
Series G Preferred Stock [Member]
Stockholders' Equity:
Preferred stock	70,000	0
Total Stockholders' Equity	70,000
Class A Common Stock [Member]
Stockholders' Equity:
Common stock	236	235
Total Stockholders' Equity	$236	$235

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Oct. 31, 2014	Oct. 31, 2013
Stockholders' Equity:
Excess Stock, par value (in dollars per share)	$0.01	$0.01
Excess Stock, shares authorized (in shares)	20,000,000	20,000,000
Excess Stock, shares issued (in shares)	0	0
Excess Stock, shares outstanding (in shares)	0	0
Common Stock, par value (in dollars per share)	$0.01	$0.01
Common Stock, shares authorized (in shares)	30,000,000	30,000,000
Common Stock, shares issued (in shares)	9,193,559	9,035,212
Common Stock, shares outstanding (in shares)	9,193,559	9,035,212
Series D Senior Cumulative Preferred Stock [Member]
Stockholders' Equity:
Preferred Stock, dividend rate (in hundredths)	7.50%	7.50%
Preferred Stock, liquidation preference (in dollars per share)	$25	$25
Preferred Stock, shares issued (in shares)	0	2,450,000
Preferred Stock, shares outstanding (in shares)	0	2,450,000
Series F Cumulative Preferred Stock [Member]
Stockholders' Equity:
Preferred Stock, dividend rate (in hundredths)	7.13%	7.13%
Preferred Stock, liquidation preference (in dollars per share)	$25	$25
Preferred Stock, shares issued (in shares)	5,175,000	5,175,000
Preferred Stock, shares outstanding (in shares)	5,175,000	5,175,000
Class A Common Stock [Member]
Stockholders' Equity:
Common Stock, par value (in dollars per share)	$0.01	$0.01
Common Stock, shares authorized (in shares)	100,000,000	100,000,000
Common Stock, shares issued (in shares)	23,611,715	23,530,704
Common Stock, shares outstanding (in shares)	23,611,715	23,530,704
Series G Preferred Stock [Member]
Stockholders' Equity:
Preferred Stock, dividend rate (in hundredths)	6.75%	6.75%
Preferred Stock, liquidation preference (in dollars per share)	$25	$25
Preferred Stock, shares issued (in shares)	2,800,000	2,800,000
Preferred Stock, shares outstanding (in shares)	2,800,000	2,800,000

CONSOLIDATED_STATEMENTS_OF_INC

CONSOLIDATED STATEMENTS OF INCOME (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Revenues
Base rents	$75,099,000	$70,052,000	$67,543,000
Recoveries from tenants	24,947,000	22,594,000	20,603,000
Lease termination income	183,000	214,000	89,000
Other income	2,099,000	2,343,000	2,160,000
Total Revenues	102,328,000	95,203,000	90,395,000
Expenses
Property operating	18,926,000	17,471,000	14,200,000
Property taxes	16,997,000	15,524,000	15,114,000
Depreciation and amortization	19,249,000	17,769,000	16,637,000
General and administrative	8,016,000	8,211,000	7,545,000
Provisions for tenant credit losses	917,000	958,000	665,000
Acquisition costs	666,000	857,000	296,000
Directors' fees and expenses	314,000	337,000	262,000
Total Operating Expenses	65,085,000	61,127,000	54,719,000
Operating Income	37,243,000	34,076,000	35,676,000
Non-Operating Income (Expense):
Interest expense	-10,235,000	-9,094,000	-9,148,000
Gain on sale of marketable securities	0	1,460,000	0
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal	24,345,000	0	0
Equity in net loss/(income) of unconsolidated joint ventures	1,604,000	1,318,000	-138,000
Interest, dividends and other investment income	134,000	1,345,000	892,000
Income From Continuing Operations Before Discontinued Operations	53,091,000	29,105,000	27,282,000
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax	141,000	1,308,000	1,478,000
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax	12,526,000	0	0
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest	12,667,000	1,308,000	1,478,000
Net Income	65,758,000	30,413,000	28,760,000
Noncontrolling interests:
Net income attributable to noncontrolling interests	-607,000	-618,000	-500,000
Net income attributable to Urstadt Biddle Properties Inc.	65,151,000	29,795,000	28,260,000
Preferred stock dividends	-13,812,000	-14,949,000	-13,267,000
Redemption of preferred stock	-1,870,000	-4,233,000	-2,027,000
Net Income Applicable to Common and Class A Common Stockholders	49,469,000	10,613,000	12,966,000
Income (loss) from Continuing Operations, Per Basic Share	$1.09	$0.28	$0.38
Income (loss) from Continuing Operations, Per Diluted Share	$1.06	$0.27	$0.36
Income from Discontinued Operations, Per Basic Share	$0.37	$0.04	$0.05
Income from Discontinued Operations, Per Diluted Share	$0.36	$0.04	$0.05
Earnings Per Share, Basic	$1.46	$0.32	$0.43
Diluted Earnings Per Share	$1.42	$0.31	$0.41
Class A Common Stock [Member]
Noncontrolling interests:
Net Income Applicable to Common and Class A Common Stockholders	$38,068,000	$8,204,000	$9,800,000
Income (loss) from Continuing Operations, Per Basic Share	$1.22	$0.31	$0.42
Income (loss) from Continuing Operations, Per Diluted Share	$1.19	$0.30	$0.41
Income from Discontinued Operations, Per Basic Share	$0.42	$0.04	$0.05
Income from Discontinued Operations, Per Diluted Share	$0.40	$0.04	$0.05
Earnings Per Share, Basic	$1.64	$0.35	$0.47
Diluted Earnings Per Share	$1.59	$0.34	$0.46

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) [Abstract]
Net Income	$65,758	$30,413	$28,760
Other comprehensive income:
Change in unrealized gain/(losses) in marketable equity securities	29	1,403	64
Change in unrealized loss on interest rate swaps	-18	136	73
Unrealized (gains) in marketable securities reclassified into income	-10	-1,460	0
Total comprehensive income	65,759	30,492	28,897
Comprehensive income attributable to noncontrolling interests	-607	-618	-500
Total Comprehensive income attributable to Urstadt Biddle Properties Inc.	65,152	29,874	28,397
Preferred stock dividends	-13,812	-14,949	-13,267
Redemption of Preferred Stock	-1,870	-4,233	-2,027
Total comprehensive income (loss) applicable to Common and Class A Common Stockholders	$49,470	$10,692	$13,103

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Cash Flows from Operating Activities:
Net Income	$65,758,000	$30,413,000	$28,760,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	19,249,000	17,816,000	16,721,000
Straight-line rent adjustment	516,000	-291,000	-832,000
Provisions for tenant credit losses	917,000	958,000	665,000
Restricted stock compensation expense and other adjustments	4,097,000	4,069,000	3,812,000
Deferred compensation arrangement	11,000	-18,000	6,000
Marketable Securities, Gain (Loss)	0	-1,460,000	0
Gain Loss On Disposal Group Continuing And Discontinued Operations Net Of Related Impairment Charges	-36,872,000	0	0
Equity in net loss/(income) of unconsolidated joint ventures	-1,604,000	-1,318,000	138,000
Changes in operating assets and liabilities:
Tenant receivables	-1,443,000	-193,000	1,335,000
Accounts payable and accrued expenses	154,000	-7,000	812,000
Other assets and other liabilities, net	881,000	1,535,000	1,068,000
Restricted Cash	-749,000	-552,000	19,000
Net Cash Flow Provided by Operating Activities	50,915,000	50,952,000	52,504,000
Cash Flows from Investing Activities:
Acquisitions of real estate investments	-74,805,000	-40,381,000	-5,432,000
Investments in and advances to unconsolidated joint venture	-6,902,000	-18,003,000	-1,044,000
Repayment of advance to unconsolidated joint venture	0	13,170,000	0
Deposits on acquisition of real estate investments	-3,157,000	-3,287,000	-129,000
Return of deposits on acquisitions of real estate	0	400,000	843,000
Improvements to properties and deferred charges	-19,303,000	-9,494,000	-6,523,000
Net proceeds from sale of properties	47,609,000	4,475,000	533,000
Distributions to noncontrolling interests	-607,000	-618,000	-500,000
Distributions from unconsolidated joint ventures	1,901,000	789,000	412,000
Payments received on mortgage notes and other receivables	640,000	1,858,000	1,062,000
Proceeds on sale of securities available for sale	0	30,782,000	0
Payments to Acquire Available-for-sale Securities, Equity	0	-29,322,000	0
Net Cash Flow (Used in) Investing Activities	-54,624,000	-49,631,000	-10,778,000
Cash Flows from Financing Activities:
Dividends paid - Common and Class A Common Stock	-32,116,000	-31,655,000	-29,331,000
Dividends paid - Preferred Stock	-13,812,000	-14,949,000	-13,267,000
Principal repayments on mortgage notes payable	-20,297,000	-6,623,000	-15,049,000
Repayments on revolving credit line borrowings	-58,750,000	-40,700,000	-88,250,000
Proceeds from revolving credit line borrowings	65,050,000	38,350,000	58,000,000
Proceeds from Issuance of Unsecured Debt	25,000,000	0	0
Proceeds from loan financing	40,675,000	0	28,000,000
Sales of additional shares of Common and Class A Common Stock	248,000	244,000	47,799,000
Repurchase of shares of Common Stock	0	-18,000	0
Return of escrow deposit	0	1,286,000	0
Proceeds from Issuance of Preferred Stock and Preference Stock	67,795,000	0	125,281,000
Redemption of Preferred Stock including restricted cash	0	-22,403,000	-81,346,000
Net Cash Flow Provided by (Used in) Financing Activities	73,793,000	-76,468,000	31,837,000
Net Increase/(Decrease) In Cash and Cash Equivalents	70,084,000	-75,147,000	73,563,000
Cash and Cash Equivalents at Beginning of Year	2,945,000	78,092,000	4,529,000
Cash and Cash Equivalents at End of Year	73,029,000	2,945,000	78,092,000
Interest Paid	$10,300,000	$8,500,000	$8,600,000

CONSOLIDATED_STATEMENT_OF_STOC

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (USD $)	Common Stock [Member]	Common Stock [Member]	Additional Paid In Capital [Member]	Cumulative Distributions in Excess of Net Income [Member]	Cumulative Distributions in Excess of Net Income [Member]	Accumulated Other Comprehensive Income (loss) [Member]	Total	Class A Common Stock [Member]	6.75% Series G Preferred Stock	7.5% Series D Preferred Stock [Member]	7.125% Series F Preferred Stock [Member]
In Thousands, except Share data, unless otherwise specified		Class A Common Stock [Member]			Class A Common Stock [Member]
Balance at Oct. 31, 2011	$87	$209	$315,288	($74,462)		($154)	$302,218		$0	$61,250	$0
Balance (in shares) at Oct. 31, 2011	8,671,888	20,891,330							0	2,450,000	0
Comprehensive Income:
Net income applicable to Common and Class A common stockholders	3,166			12,966		0	12,966	9,800
Change in unrealized gains (losses) in marketable securities						64	64
Change in unrealized (loss) on interest rate swap						73	73
Total Comprehensive income attributable to Urstadt Biddle Properties Inc.							28,397
Cash dividends paid:
Common stock				-7,966	-21,365		-7,966	-21,365
Sale of Class A Common Shares			47,504	0		0	47,529	25
Sale of Class A Common Shares (in shares)		0						2,500,000			5,175,000
Issuance of shares under dividend reinvestment plan	0	0	270				270
Issuance of shares under dividend reinvestment plan (in shares)	6,627							7,950
Issuance of Series F Preferred Stock		0	-4,094		0		125,281			0	129,375
Issuance of Series F Preferred Stock (in shares)	0							0		0	5,175,000
Shares issued under restricted stock plan	2	1	-3				0
Shares issued under restricted stock plan (in shares)	175,950	61,600
Restricted stock compensation and other adjustment			3,812				3,812
Adjustments to redeemable noncontrolling interests				126			126
Balance at Oct. 31, 2012	89	235	362,777	-90,701		-17	463,008			61,250	129,375
Balance (in shares) at Oct. 31, 2012	8,854,465	23,460,880								2,450,000	5,175,000
Comprehensive Income:
Net income applicable to Common and Class A common stockholders	2,409			10,613			10,613	8,204
Change in unrealized gains (losses) in marketable securities						-57	-57
Change in unrealized (loss) on interest rate swap						136	136
Total Comprehensive income attributable to Urstadt Biddle Properties Inc.							29,874
Cash dividends paid:
Common stock				-8,128	-23,527		-8,128	-23,527
Issuance of shares under dividend reinvestment plan			244				244
Issuance of shares under dividend reinvestment plan (in shares)	5,797							6,724
Stock Repurchased During Period, Value			-18				-18
Stock Repurchased During Period, Shares	1,000
Shares issued under restricted stock plan	1	0	-1				0
Shares issued under restricted stock plan (in shares)	175,950							64,100
Forfeiture of restricted stock							0
Forfeiture of restricted stock (in shares)		-1,000
Restricted stock compensation and other adjustment			4,068				4,068
Adjustments to redeemable noncontrolling interests				-425			-425
Repurchase of Common Stock			-18				-18
Repurchase of Common Stock (in shares)	-1,000
Balance at Oct. 31, 2013	90		367,070	-112,168		62	445,914	235		61,250	129,375
Balance (in shares) at Oct. 31, 2013	9,035,212							23,530,704		2,450,000	5,175,000
Comprehensive Income:
Net income applicable to Common and Class A common stockholders	11,401			49,469			49,469	38,068
Change in unrealized gains (losses) in marketable securities						19	19
Change in unrealized (loss) on interest rate swap						-18	-18
Total Comprehensive income attributable to Urstadt Biddle Properties Inc.							65,152
Cash dividends paid:
Common stock				-8,271	-23,845		-8,271	-23,845
Sale of Class A Common Shares (in shares)									2,800,000
Issuance of shares under dividend reinvestment plan			248				248
Issuance of shares under dividend reinvestment plan (in shares)	6,347							6,811
Stock Issued During Period Shares New Issues Series G Preferred Stock			-2,304				67,696		70,000
Stock Issued During Period Value New Issues Series G Preferred Stock (in shares)									2,800,000
Stock Repurchased During Period, Value			1,870				-59,380			-61,250
Stock Repurchased During Period, Shares										-2,450,000
Shares issued under restricted stock plan			-3				2	1
Shares issued under restricted stock plan (in shares)	152,000							80,500
Forfeiture of restricted stock (in shares)								-6,300
Restricted stock compensation and other adjustment			4,098				4,098
Adjustments to redeemable noncontrolling interests				-887			-887
Repurchase of Common Stock			1,870				-59,380			-61,250
Repurchase of Common Stock (in shares)										2,450,000
Balance at Oct. 31, 2014	$92		$370,979	($95,702)		$63	$475,043	$236	$70,000	$0	$129,375
Balance (in shares) at Oct. 31, 2014	9,193,559							23,611,715	2,800,000	0	5,175,000

CONSOLIDATED_STATEMENTS_OF_STO

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Class A Common Stock [Member]
Common stock, dividends per share declared (in dollars per share)	$1.01	$1	$0.99
7.5% Series D Preferred Stock [Member]
Preferred stock, dividend rate (in hundredths)	7.50%	7.50%	7.50%
Series G Preferred Stock [Member]
Preferred stock, dividend rate (in hundredths)	6.75%
7.125% Series F Preferred Stock [Member]
Preferred stock, dividend rate (in hundredths)	7.13%	7.13%	7.13%
Common Stock [Member]
Common stock, dividends per share declared (in dollars per share)	$0.90	$0.90	$0.90

ORGANIZATION_BASIS_OF_PRESENTA

ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Oct. 31, 2014
ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	(1) ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Business
	Urstadt Biddle Properties Inc. ("Company"), a real estate investment trust (REIT), is engaged in the acquisition, ownership and management of commercial real estate, primarily neighborhood and community shopping centers in the northeastern part of the United States with a concentration in the metropolitan New York tri-state area outside of the City of New York. The Company's major tenants include supermarket chains and other retailers who sell basic necessities. At October 31, 2014, the Company owned or had equity interests in 70 properties containing a total of 4.8 million square feet of gross leasable area ("GLA").
	Principles of Consolidation and Use of Estimates
	The accompanying consolidated financial statements include the accounts of the Company, its wholly owned subsidiaries, and joint ventures in which the Company meets certain criteria of a sole general partner in accordance with Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 810, "Consolidation" and ASC Topic 970-810 "Real Estate-General-Consolidation". The Company has determined that such joint ventures should be consolidated into the consolidated financial statements of the Company. In accordance with ASC Topic  970-323 "Real Estate-General-Equity Method and Joint Ventures", joint ventures that the Company does not control but otherwise exercises significant influence in, are accounted for under the equity method of accounting. See Note 6 for further discussion of the unconsolidated joint ventures. All significant intercompany transactions and balances have been eliminated in consolidation.
	The accompanying financial statements are prepared on the accrual basis in accordance with accounting principles generally accepted in the United States of America ("GAAP"). The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the disclosure of contingent assets and liabilities, the reported amounts of assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the periods covered by the financial statements. The most significant assumptions and estimates relate to the valuation of real estate, depreciable lives, revenue recognition, fair value measurements and the collectability of tenant receivables and other assets. Actual results could differ from these estimates.
	Federal Income Taxes
	The Company has elected to be treated as a real estate investment trust under Sections 856-860 of the Internal Revenue Code (Code). Under those sections, a REIT that, among other things, distributes at least 90% of real estate trust taxable income and meets certain other qualifications prescribed by the Code will not be taxed on that portion of its taxable income that is distributed. The Company believes it qualifies as a REIT and intends to distribute all of its taxable income for fiscal 2014 in accordance with the provisions of the Code. Accordingly, no provision has been made for Federal income taxes in the accompanying consolidated financial statements.
	The Company follows the provisions of ASC Topic 740, "Income Taxes," that, among other things, defines a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Topic 740 also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition.   Based on its evaluation, the Company determined that it has no uncertain tax positions and no unrecognized tax benefits as of October 31, 2014.  As of October 31, 2014, the fiscal tax years 2011 through and including 2013 remain open to examination by the Internal Revenue Service.  There are currently no federal tax examinations in progress.
	Real Estate Investments
	All costs related to the improvement or replacement of real estate properties is capitalized. Additions, renovations and improvements that enhance and/or extend the useful life of a property are also capitalized. Expenditures for ordinary maintenance, repairs and improvements that do not materially prolong the normal useful life of an asset are charged to operations as incurred.
	Upon the acquisition of real estate properties, the fair value of the real estate purchased is allocated to the acquired tangible assets (consisting of land, buildings and building improvements), and identified intangible assets and liabilities (consisting of above-market and below-market leases and in-place leases), in accordance with ASC Topic 805, "Business Combinations." The Company utilizes methods similar to those used by independent appraisers in estimating the fair value of acquired assets and liabilities.  The fair value of the tangible assets of an acquired property considers the value of the property "as-if-vacant."  The fair value reflects the depreciated replacement cost of the asset.  In allocating purchase price to identified intangible assets and liabilities of an acquired property, the value of above-market and below-market leases are estimated based on the differences between (i) contractual rentals and the estimated market rents over the applicable lease term discounted back to the date of acquisition utilizing a discount rate adjusted for the credit risk associated with the respective tenants and (ii) the estimated cost of acquiring such leases giving effect to the Company's history of providing tenant improvements and paying leasing commissions, offset by a vacancy period during which such space would be leased.  The aggregate value of in-place leases is measured by the excess of (i) the purchase price paid for a property after adjusting existing in-place leases to market rental rates over (ii) the estimated fair value of the property "as-if-vacant," determined as set forth above.
	Above and below-market leases acquired are recorded at their fair value.  The capitalized above-market lease values are amortized as a reduction of rental revenue over the remaining term of the respective leases and the capitalized below-market lease values are amortized as an increase to rental revenue over the remaining term of the respective leases.  The value of in-place leases is based on the Company's evaluation of the specific characteristics of each tenant's lease.  Factors considered include estimates of carrying costs during expected lease-up periods, current market conditions, and costs to execute similar leases.  The value of in-place leases are amortized over the remaining term of the respective leases.  If a tenant vacates its space prior to its contractual expiration date, any unamortized balance of their related intangible asset is recorded in the consolidated statement of income.
	Depreciation and Amortization
	The Company uses the straight-line method for depreciation and amortization. Real estate investment properties are depreciated over the estimated useful lives of the properties, which range from 30 to 40 years. Property improvements are depreciated over the estimated useful lives that range from 10 to 20 years. Furniture and fixtures are depreciated over the estimated useful lives that range from 3 to 10 years. Tenant improvements are amortized over the shorter of the life of the related leases or their useful life.
	Property Held for Sale and Discontinued Operations
	The Company has early adopted FASB Accounting Standards Update No. 2014-08 "Presentation of Financial Statements (ASC Topic 205) and Property, Plant, and Equipment (ASC Topic 360)" (together, "ASU 2014-08"), which change the requirements for reporting discontinued operations in accordance with ASC Topic 205-20.  As a result of this update, beginning in April 2014, the Company no longer classifies individual properties that have been sold or are classified as held for sale as discontinued operations in the consolidated statement of income if the removal, or anticipated removal, of the asset(s) from the reporting entity does not represent a strategic shift that has or will have a major effect on an entity's operations and financial results when disposed of.  ASU 2014-08 requires previously reported assets that qualified for discontinued operations reporting to continue to be reported in that manner.
	In April 2014, the Company reached a decision to actively market for sale one of its properties located in Springfield, MA as that property no longer met the Company's investment objectives.  The property was sold in September 2014 for $31 million and the Company realized a gain on sale of property of $24.3 million.  In accordance with ASU 2014-08, the revenue, expenses and gain on sale of the property are not included in discontinued operations.  The net book value of the Springfield asset at October 31, 2013 was insignificant to the financial statement presentation and as a result the Company did not include the asset as held for sale in accordance with ASC 360-10-45.
	The operating results of the Springfield property which are included in the continuing operations were as follows (amounts in thousands):
			For Year Ended
			October 31,
			2014				2013			2012
	Revenues		$	3,805			$	4,239		$	4,185
	Property operating expense			(1,780	)			(1,764	)		(1,524	)
	Depreciation and amortization			(341	)			(653	)		(645	)
	Net Income		$	1,684			$	1,822		$	2,016
	In December 2013, prior to the adoption of ASU 2014-08, the Company sold its two distribution service facilities in its non-core portfolio and one core property for $18.1 million, resulting in a gain on sale of properties of $12.5 million.  In accordance with ASC 360 and 205 the operating results of the distribution service facilities are shown as discontinued operations on the consolidated statements of income for fiscal years ended October 31, 2014, 2013 and 2012.  The operating results of the other property were insignificant to financial statement presentation and are not shown as discontinued operations.  The net book value of the two distribution service facilities and the one core property at October 31, 2013 are insignificant to the financial statement presentation and as a result the Company will not include the assets as held for sale in accordance with ASC 360-10-45.
	The combined operating results for the distribution service facilities have been reclassified as discontinued operations in the accompanying consolidated statements of income.  The following table summarizes revenues and expenses for the Company's discontinued operations (amounts in thousands):
			For The Year Ended
			October 31,
			2014				2013			2012
	Revenues		$	141			$	1,356		$	1,565
	Property operating expense			-				-			(3	)
	Depreciation and amortization			-				(48	)		(84	)
	Income from discontinued operations		$	141			$	1,308		$	1,478
	Cash flows from discontinued operations for the fiscal years ended October 31, 2014, 2013 and 2012 are combined with the cash flows from operations within each of the three categories presented.  Cash flows from discontinued operations are as follows (amounts in thousands):
			For The Year Ended
			October 31,
			2014				2013			2012
	Cash flows from operating activities		$	(13,131	)		$	1,356		$	1,562
	Cash flows from investing activities		$	14,314			$	-		$	-
	Cash flows from financing activities		$	-			$	-		$	-
	Deferred Charges
	Deferred charges consist principally of leasing commissions (which are amortized ratably over the life of the tenant leases) and financing fees (which are amortized over the terms of the respective agreements). Deferred charges in the accompanying consolidated balance sheets are shown at cost, net of accumulated amortization of $2,703,000 and $3,043,000 as of October 31, 2014 and 2013, respectively.
	Asset Impairment
	On a periodic basis, management assesses whether there are any indicators that the value of its real estate investments may be impaired.  A property value is considered impaired when management's estimate of current and projected operating cash flows (undiscounted and without interest) of the property over its remaining useful life is less than the net carrying value of the property.  Such cash flow projections consider factors such as expected future operating income, trends and prospects, as well as the effects of demand, competition and other factors.  To the extent impairment has occurred, the loss is measured as the excess of the net carrying amount of the property over the fair value of the asset.  Changes in estimated future cash flows due to changes in the Company's plans or market and economic conditions could result in recognition of impairment losses which could be substantial.  Management does not believe that the value of any of its real estate investments is impaired at October 31, 2014.
	Revenue Recognition
	Revenues from operating leases include revenues from core properties and non-core properties. Rental income is generally recognized based on the terms of leases entered into with tenants. In those instances in which the Company funds tenant improvements and the improvements are deemed to be owned by the Company, revenue recognition will commence when the improvements are substantially completed and possession or control of the space is turned over to the tenant. When the Company determines that the tenant allowances are lease incentives, the Company commences revenue recognition when possession or control of the space is turned over to the tenant for tenant work to begin. Minimum rental income from leases with scheduled rent increases is recognized on a straight-line basis over the lease term. At October 31, 2014 and 2013, approximately $13,368,000 and $13,719,000, respectively, has been recognized as straight-line rents receivable (representing the current net cumulative rents recognized prior to when billed and collectible as provided by the terms of the leases), all of which is included in tenant receivables in the accompanying consolidated financial statements. Percentage rent is recognized when a specific tenant's sales breakpoint is achieved. Property operating expense recoveries from tenants of common area maintenance, real estate taxes and other recoverable costs are recognized in the period the related expenses are incurred. Lease incentives are amortized as a reduction of rental revenue over the respective tenant lease terms. Lease termination amounts are recognized in operating revenues when there is a signed termination agreement, all of the conditions of the agreement have been met, the tenant is no longer occupying the property and the termination consideration is probable of collection. Lease termination amounts are paid by tenants who want to terminate their lease obligations before the end of the contractual term of the lease by agreement with the Company. There is no way of predicting or forecasting the timing or amounts of future lease termination fees. Interest income is recognized as it is earned. Gains or losses on disposition of properties are recorded when the criteria for recognizing such gains or losses under GAAP have been met.
	The Company provides an allowance for doubtful accounts against the portion of tenant receivables (including an allowance for future tenant credit losses of approximately 10% of the deferred straight-line rents receivable) which is estimated to be uncollectible. Such allowances are reviewed periodically. At October 31, 2014 and 2013, tenant receivables in the accompanying consolidated balance sheets are shown net of allowances for doubtful accounts of $3,106,000 and $3,604,000, respectively.
	Cash Equivalents
	Cash and cash equivalents consist of cash in banks and short-term investments with original maturities of less than three months.
	Restricted Cash
	Restricted cash consists of those tenant security deposits and replacement and other reserves required by agreement with certain of the Company's mortgage lenders for property level capital requirements that are required to be held in separate bank accounts.
	Derivative Financial Instruments
	The Company occasionally utilizes derivative financial instruments, such as interest rate swaps, to manage its exposure to fluctuations in interest rates. The Company has established policies and procedures for risk assessment and the approval, reporting and monitoring of derivative financial instruments. Derivative financial instruments must be effective in reducing the Company's interest rate risk exposure in order to qualify for hedge accounting. When the terms of an underlying transaction are modified, or when the underlying hedged item ceases to exist, all changes in the fair value of the instrument are marked-to-market with changes in value included in net income for each period until the derivative instrument matures or is settled. Any derivative instrument used for risk management that does not meet the hedging criteria is marked-to-market with the changes in value included in net income. The Company has not entered into, and does not plan to enter into, derivative financial instruments for trading or speculative purposes. Additionally, the Company has a policy of entering into derivative contracts only with major financial institutions.
	As of October 31, 2014, the Company believes it has no significant risk associated with non-performance of the financial institutions that are the counterparty to its derivative contracts. At October 31, 2014, the Company had approximately $19.7 million in secured mortgage financings subject to interest rate swaps. Such interest rate swaps converted the LIBOR-based variable rates on the mortgage financings to a fixed annual rate of 3.99% per annum.  As of October 31, 2014, the Company had a deferred asset of  $63,000 (included in prepaid expenses and other assets on the consolidated balance sheets) relating to the fair value of the Company's interest rate swaps applicable to secured mortgages.  Charges and/or credits relating to the changes in fair values of such interest rate swaps are made to other comprehensive income as the swap is deemed effective and is classified as a cash flow hedge.  There were no significant amounts recorded in the Company's financial statements for the above swaps in either fiscal 2014 or fiscal 2013.
	Comprehensive Income
	Comprehensive income is comprised of net income applicable to Common and Class A Common stockholders and other comprehensive income (loss). Other comprehensive income (loss) includes items that are otherwise recorded directly in stockholders' equity, such as unrealized gains or losses on marketable securities and unrealized gains and losses on interest rate swaps designated as cash flow hedges. At October 31, 2014, accumulated other comprehensive income (loss) consisted of net unrealized gains on interest rate swap agreements of approximately $63,000. At October 31, 2013, accumulated other comprehensive income (loss) consisted of net unrealized losses on marketable securities of approximately $19,000 and net unrealized gains on an interest rate swap agreement of approximately $81,000. Unrealized gains and losses included in other comprehensive income (loss) will be reclassified into earnings as gains and losses are realized.
	Concentration of Credit Risk
	Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents, and tenant receivables. The Company places its cash and cash equivalents in excess of insured amounts with high quality financial institutions. The Company performs ongoing credit evaluations of its tenants and may require certain tenants to provide security deposits or letters of credit. Though these security deposits and letters of credit are insufficient to meet the terminal value of a tenant's lease obligation, they are a measure of good faith and a source of funds to offset the economic costs associated with lost rent and the costs associated with re-tenanting the space. There is no dependence upon any single tenant.
	Earnings Per Share
	The Company calculates basic and diluted earnings per share in accordance with the provisions of ASC Topic 260, "Earnings Per Share." Basic earnings per share ("EPS") excludes the impact of dilutive shares and is computed by dividing net income applicable to Common and Class A Common stockholders by the weighted average number of Common shares and Class A Common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue Common shares or Class A Common shares were exercised or converted into Common shares or Class A Common shares and then shared in the earnings of the Company. Since the cash dividends declared on the Company's Class A Common stock are higher than the dividends declared on the Common Stock, basic and diluted EPS have been calculated using the "two-class" method. The two-class method is an earnings allocation formula that determines earnings per share for each class of common stock according to the weighted average of the dividends declared, outstanding shares per class and participation rights in undistributed earnings.
	The following table sets forth the reconciliation between basic and diluted EPS (in thousands):
		Year Ended October 31,
	2014			2013			2012
Numerator
Net income applicable to common stockholders – basic	$	11,401		$	2,409		$	3,166
Effect of dilutive securities:
Stock awards		723			182			236
Net income applicable to common stockholders – diluted	$	12,124		$	2,591		$	3,402
Denominator
Denominator for basic EPS-weighted average common shares		7,801			7,543			7,370
Effect of dilutive securities:
Restricted stock and other awards		735			840			834
Denominator for diluted EPS – weighted average common equivalent shares		8,536			8,383			8,204
Numerator
Net income applicable to Class A common stockholders – basic	$	38,068		$	8,204		$	9,800
Effect of dilutive securities:
Stock awards		-723			-182			-236
Net income applicable to Class A common stockholders – diluted	$	37,345		$	8,022		$	9,564
Denominator
Denominator for basic EPS – weighted average Class A common shares		23,208			23,122			20,740
Effect of dilutive securities:
Restricted stock and other awards		219			235			224
Denominator for diluted EPS – weighted average Class A common
equivalent shares		23,427			23,357			20,964
Stock-Based Compensation
The Company accounts for its stock-based compensation plans under the provisions of ASC Topic 718, "Stock Compensation," which requires that compensation expense be recognized based on the fair value of the stock awards less estimated forfeitures. The fair value of stock awards is equal to the fair value of the Company's stock on the grant date.
Segment Reporting
The Company operates in one industry segment, ownership of commercial real estate properties, which are located principally in the northeastern United States. The Company does not distinguish its property operations for purposes of measuring performance. Accordingly, the Company believes it has a single reportable segment for disclosure purposes.
Reclassification
Certain fiscal 2012 and 2013 amounts have been reclassified to conform to current period presentation.
New Accounting Standards
In April 2014, FASB issued ASU 2014-08 which changes the requirements for reporting discontinued operations in ASC Subtopic 205-20.  This pronouncement has been early adopted by the Company in the second quarter of fiscal 2014 and as a result the Company has not included a property that sold in the fourth quarter of fiscal 2014 as discontinued operations.
In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers (Topic 606)" ("ASU 2014-09"). The objective of ASU 2014-09 is to establish a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and will supersede most of the existing revenue recognition guidance, including industry-specific guidance. The core principle is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In applying ASU 2014-09, companies will perform a five-step analysis of transactions to determine when and how revenue is recognized. ASU 2014-09 applies to all contracts with customers except those that are within the scope of other topics in the FASB's ASC. ASU 2014-09 is effective for annual reporting periods (including interim periods within that reporting period) beginning after December 15, 2016 and shall be applied using either a full retrospective or modified retrospective approach. Early application is not permitted. The Company is currently assessing the potential impact that the adoption of ASU 2014-09 will have on its consolidated financial statements.
The Company has evaluated all other new Accounting Standards Updates issued by FASB and has concluded that these updates do not have a material effect on the Company's consolidated financial statements as of October 31, 2014.

REAL_ESTATE_INVESTMENTS

REAL ESTATE INVESTMENTS	12 Months Ended
	Oct. 31, 2014
Real Estate Investments:
REAL ESTATE INVESTMENTS	(2) REAL ESTATE INVESTMENTS
	The Company's investments in real estate, net of depreciation, were composed of the following at October 31, 2014 and 2013 (in thousands):
			Core Properties				Unconsolidated Joint Venture		2014		2013
									Totals		Totals
	Retail		$	655,848			$	39,213	$	695,061	$	594,267
	Office			13,269				-		13,269		13,521
	Industrial			-				-		-		531
			$	669,117			$	39,213	$	708,330	$	608,319
	The Company's investments at October 31, 2014 consisted of equity interests in 70 properties, which are located in various regions throughout the northeastern part of the United States with a concentration in the metropolitan New York tri-state area outside of the City of New York. The Company's primary investment focus is neighborhood and community shopping centers located in the region just described. These properties are considered core properties of the Company. The Company sold its two distribution service facilities in fiscal 2014 which were considered non-core properties.  Since a significant concentration of the Company's properties are in the northeast, market changes in this region could have an effect on the Company's leasing efforts and ultimately its overall results of operations. The following is a summary of the geographic locations of the Company's investments at October 31, 2014 and 2013 (in thousands):
		2014			2013
	Northeast	$	708,330		$	607,788
	Midwest		-			288
	Southwest		-			243
		$	708,330		$	608,319

CORE_PROPERTIES

CORE PROPERTIES	12 Months Ended
	Oct. 31, 2014
CORE PROPERTIES [Abstract]
CORE PROPERTIES	(3) CORE PROPERTIES
	The components of the core properties consolidated in the financial statements are as follows (in thousands):
		2014		2013
	Land	$	153,346	$	134,466
	Buildings and improvements		676,958		597,098
			830,304		731,564
	Accumulated depreciation		-161,187		-155,208
		$	669,117	$	576,356
	Space at the Company's core properties is generally leased to various individual tenants under short and intermediate-term leases which are accounted for as operating leases.
	Minimum rental payments on non-cancelable operating leases in the consolidated core properties totaling $436,961 become due as follows (in thousands): 2015 - $71,102; 2016 - $64,496; 2017 - $57,764; 2018 - $46,636; 2019 - $39,362 and thereafter – $157,601.
	Certain of the Company's leases provide for the payment of additional rent based on a percentage of the tenant's revenues. Such additional percentage rents are included in operating lease income and were less than 1.00% of consolidated revenues in each of the three years ended October 31, 2014.
	Owned Properties and Properties Under Contract to Purchase
	In September 2014, the Company entered into a contract to purchase, for $124.6 million, four retail properties totaling approximately 375,000 square feet located in the Company's target market of the metropolitan New York tri-state area outside of the City of New York ("Retail Properties").  Pursuant to the contract, the Company placed a deposit of $2.5 million with the seller which is included in prepaid expenses and other assets on the consolidated balance sheet at October 31, 2014.  The Company completed the purchase in December 2014 and funded the acquisition with a combination of available cash remaining from the sale of Class A Common Stock and the sale of its Series G Preferred Stock  (see Notes 7 & 13), borrowings under its Unsecured Revolving Credit Facility (the "Facility") and a non-recourse mortgage secured by the subject property (see Note 4).
	In August 2014, the Company, through a wholly-owned subsidiary, purchased for $47.4 million, two retail properties totaling 88,000 square feet located in Greenwich, CT (the "Greenwich Properties").  The Company funded the acquisition with a combination of available cash, borrowings under its Facility, other unsecured borrowings and a non-recourse mortgage secured by the subject property (see Note 4).  In conjunction with the purchase, the Company incurred acquisition costs totaling $127,000, which have been expensed in the year ended October 31, 2014 consolidated statement of income.
	In January 2014, the Company, through a wholly-owned subsidiary, purchased for $9 million a 31,000 square foot retail shopping center located in Bethel, CT (the "Bethel Property").  The Company funded the equity needed to complete the purchase with proceeds from the sale of its two non-core properties in December 2013.  In conjunction with the purchase, the Company incurred acquisition costs totaling $88,000, which have been expensed in the year ended October 31, 2014 consolidated statement of income.
	In December 2013, the Company, through a wholly-owned subsidiary, purchased for $18.4 million a 63,000 square foot retail shopping center located in Boonton, NJ (the "Boonton Property"). The acquisition required the assumption of an existing mortgage in the amount of $7.8 million. The assumption of the mortgage loan represents a non-cash financing activity and is therefore not included in the accompanying consolidated statement of cash flows for the fiscal year ended October 31, 2014.   The mortgage loan requires monthly payments of principal and interest at a fixed rate of 4.20% per annum.  The mortgage matures in September 2022.  The Company funded the equity needed to complete the purchase with borrowings under its Facility. In conjunction with the purchase, the Company incurred acquisition costs totaling $225,000, which have been expensed in the year ended October 31, 2014 consolidated statement of income.
	In December 2013, the Company, through a wholly-owned subsidiary, purchased for $11 million a 56,000 square foot retail shopping center located in Bloomfield, NJ (the "Bloomfield Property").  The acquisition required the assumption of an existing mortgage in the amount of $7.7 million. The assumption of the mortgage loan represents a non-cash financing activity and is therefore not included in the accompanying consolidated statement of cash flows for the fiscal year ended October 31, 2014.   The mortgage loan requires monthly payments of principal and interest at a fixed rate of 5.5% per annum.  The mortgage matures in August 2016.  The Company funded the equity needed to complete the purchase with borrowings under its Facility. In conjunction with the purchase, the Company incurred acquisition costs totaling $123,000, which have been expensed in the year ended October 31, 2014 consolidated statement of income.
	In May 2013, the Company, through a wholly owned subsidiary, purchased 2 retail properties located in Greenwich, CT, with a combined GLA totaling 24,000 square feet ("Post Road Properties"), for $18 million.  In conjunction with the purchase, the Company assumed an existing first mortgage loan encumbering the properties at its estimated fair value of $8.3 million. The assumption of the mortgage loan represents a non-cash financing activity and is therefore not included in the accompanying consolidated statement of cash flows for the year ended October 31, 2013.  The mortgage loan requires monthly payments of principal and interest at a fixed rate of 4.00% per annum.  The mortgage matures in August 2016.  The Company funded the remaining equity needed to complete the purchase with proceeds from its Class A Common Stock and Series F Preferred Stock offerings completed in October 2012. In conjunction with the purchase, the Company incurred acquisition costs totaling $78,000, which have been expensed in the year ended October 31, 2013 consolidated statement of income.
	In May 2013, the Company, through a wholly owned subsidiary, purchased a 107,000 square foot retail shopping center located in New Providence, New Jersey ("New Providence") for $34.9 million.  In connection with the purchase, the Company assumed a first mortgage loan encumbering the property at its estimated fair value of $21.3 million. The assumption of the mortgage loan represents a non-cash financing activity and is therefore not included in the accompanying consolidated statement of cash flows for the year ended October 31, 2013. The mortgage loan requires monthly payments of principal and interest at the fixed rate of 4.00% per annum. The mortgage matures in January 2022.  The Company funded its remaining equity needed to complete the purchase with proceeds from its Class A Common Stock and Series F Preferred Stock offerings completed in October 2012.  In conjunction with the purchase, the Company incurred acquisition costs totaling $227,000, which have been expensed in the year ended October 31, 2013 consolidated statement of income.
	In January and March 2013, the Company purchased 6 free standing net leased properties ("Net Leased Properties") located in the Company's core marketplace with a combined GLA of 20,200 square feet.  The gross purchase price of the six properties was $7.8 million. The Company funded its equity with proceeds from its Class A Common Stock and Series F Preferred Stock offerings completed in October 2012. In conjunction with the purchase, the Company incurred acquisition costs totaling $73,000, which have been expensed in the year ended October 31, 2013 consolidated statement of income.
	In December 2012, subsidiaries of the Company purchased 2 suburban office buildings ("NJ Office Buildings") located in the Company's core marketplace with a combined GLA of 23,500 square feet.  The gross purchase price of the two properties was $6.5 million. The Company funded its equity to complete the purchase with proceeds from its Class A Common Stock and Series F Preferred Stock offerings completed in October 2012.  In conjunction with the purchase, the Company incurred acquisition costs totaling $103,000, which have been expensed in the year ended October 31, 2013 consolidated statement of income.
	On July 24, 2009 the state of Connecticut acquired certain areas of a property owned by two of the Company's wholly owned subsidiaries through a combination of condemnation and easement due to the re-construction of a bridge over the property and awarded the Company's subsidiaries a total of approximately $2.0 million.  In December 2012, the Company received an additional $2.7 million award from the state of Connecticut for the condemnation and easement.  Approximately $4.3 million of the total award represents amounts paid to the Company for easements provided to the state of Connecticut for certain areas of the property through the end of the construction period, loss of rental income and property restoration costs.  The Company will continue to amortize the original $1.8 million easement and loss of rental income proceeds as an addition to income on a straight line basis evenly over the 10 year life of the easement and lost rent period and the newly awarded $2.46 million easement and loss of rental income over the remaining 6.75 year life of the easement and loss of rent income.
	The Company has accounted for the condemnation portion of the award in accordance with ASC Topic 605 – Revenue Recognition, Subtopic 40 – Gains and Losses which requires the Company to record a gain or loss on the excess or deficit of the proceeds received over the estimated net book value of the condemned non-monetary asset.  As a result of the transaction the Company has recorded an additional gain on condemnation of approximately $213,000 which is recorded in other income on the consolidated statement of income for the fiscal year ended October 31, 2013.
	In December 2011, a subsidiary of the Company acquired the Eastchester Plaza Shopping Center ("Eastchester") in the Town of Eastchester, Westchester County, New York for a purchase price of $9 million.  In connection with the purchase, the Company assumed a first mortgage encumbering the property at its estimated fair value of $3.6 million.  The assumption of the mortgage loan represents a non-cash financing activity and is therefore not included in the accompanying consolidated statement of cash flows for the year ended October 31, 2012.  The mortgage matured in April 2012 and was repaid.  The remaining equity needed to complete the acquisition was funded with available cash and borrowings on the Company's Facility. In conjunction with the purchase, the Company incurred acquisition costs totaling $33,000, which have been expensed in the year ended October 31, 2012 consolidated statement of income.
	In fiscal 2014, the Company completed evaluating the fair value of the in-place leases for its Boonton Property, Bethel Property and Bloomfield Property, all of which were acquired in fiscal 2014.  As a result of its evaluation, the Company has allocated  $901,000 to a liability associated with the net fair value assigned to the acquired leases at the Bloomfield Property, a $71,000 liability associated with the net fair value assigned to the acquired leases at the Boonton Property, and a $92,000 asset associated with the net fair value assigned to the acquired leases at the Bethel Property, all of which amounts represent a non-cash investing activity and are therefore not included in the accompanying consolidated statement of cash flows for fiscal year ended October 31, 2014.  The Company is in the process of evaluating the fair value of the in-place leases for its Greenwich Properties acquired in fiscal 2014; consequently no value has yet been assigned to the leases for these properties and the purchase price allocation is preliminary and may be subject to change.
	In fiscal 2013, the Company completed evaluating the fair value of the in-place leases for UB Orangeburg, LLC ("Orangeburg"), acquired in fiscal 2012 and New Providence, acquired in fiscal 2013 and has concluded that no value needs to be assigned to those leases. In addition, the Company completed evaluating the fair value of the in-place leases for the properties it acquired in fiscal 2013 and as a result of its evaluation the Company has allocated $234,000 to an asset associated with the net fair value assigned to the acquired leases for the Post Road Properties, a $291,000 asset associated with the net fair value assigned to the acquired leases for the NJ Office Buildings and a $402,000 liability associated with the net fair value assigned to the acquired leases for the Net Leased Properties.  All of these amounts represent non-cash investing activities and are therefore not included in the accompanying consolidated statement of cash flows for the fiscal year ended October 31, 2013.
	During fiscal 2012, the Company completed its evaluation of the acquired leases for Eastchester Plaza, which was acquired at the beginning of fiscal 2012, and its Fairfield Centre property and Fairfield Plaza properties, which were acquired in fiscal 2011.  As a result of its evaluation, the Company has allocated $392,000 to a liability associated with the net fair value assigned to the acquired leases at Eastchester and $765,000 to a liability associated with the net fair value assigned to the acquired leases at Fairfield Centre.  These amounts represent a non-cash investing activity and are therefore not included in the accompanying consolidated statement of cash flows for the year ended October 31, 2012.
	For the years ended October 31, 2014, 2013 and 2012, the net amortization of above-market and below-market leases amounted to $410,000, $419,000 and $515,000, respectively, which amounts are included in base rents in the accompanying consolidated statements of income.
	In fiscal 2014, the Company incurred costs of approximately $19.3 million related to capital improvements to its properties and leasing costs.

MORTGAGE_NOTES_PAYABLE_BANK_LI

MORTGAGE NOTES PAYABLE, BANK LINES OF CREDIT AND OTHER LOANS	12 Months Ended
	Oct. 31, 2014
MORTGAGE NOTES PAYABLE AND BANK LINES OF CREDIT AND OTHER LOANS [Abstract]
MORTGAGE NOTES PAYABLE AND BANK LINES OF CREDIT AND OTHER LOANS	(4) MORTGAGE NOTES PAYABLE, BANK LINES OF CREDIT AND OTHER LOANS
	At October 31, 2014, mortgage notes payable and other loans are due in installments over various periods to fiscal 2024, the loans bear interest at rates ranging from 2.8% to 11.3% and are collateralized by real estate investments having a net carrying value of approximately $333 million.
	Combined aggregate principal maturities of mortgage notes payable during the next five years and thereafter are as follows (in thousands):
			Principal		Scheduled
			Repayments		Amortization		Total
	2015	$	7,253	$	4,591	$	11,844
	2016		14,684		4,597		19,281
	2017		49,524		4,253		53,777
	2018		-		3,178		3,178
	2019		26,879		2,840		29,719
	Thereafter		78,565		8,783		87,348
		$	176,905	$	28,242	$	205,147
	In August 2014, the Company borrowed $25.0 million under a newly executed Unsecured Term Loan (the "Term Loan') with The Bank of New York Mellon as the lender. The Term Loan has a term of six months with a Company option for a six month extension.  The Term Loan will bear interest at Eurodollar rate plus 1.4% to 1.9% based on consolidated indebtedness.  The Term Loan has the same financial covenants as the Facility.  The Company used the borrowings to fund a portion of the purchase price of the Greenwich Properties.
	The Company has an $80 million unsecured revolving credit facility with a syndicate of 4 banks led by The Bank of New York Mellon, as administrative agent.  The syndicate also includes Wells Fargo Bank N.A. (syndication agent), Bank of Montreal and Regions Bank (co-documentation agents).  The Facility gives the Company the option, under certain conditions, to increase the Facility's borrowing capacity up to $125 million.  The maturity date of the Facility is September 21, 2016 with a 1-year extension at the Company's option.  Borrowings under the Facility can be used for, among other things, acquisitions, working capital, capital expenditures, and repayment of other indebtedness and the issuance of letters of credit (up to $10 million).  Borrowings will bear interest at the Company's option of Eurodollar rate plus 1.50% to 2.00% or The Bank of New York Mellon's prime lending rate plus 0.50% based on consolidated indebtedness, as defined.  The Company will pay an annual fee on the unused commitment amount of up to 0.25% to 0.35% based on outstanding borrowings during the year.  The Facility contains certain representations and financial and other covenants typical for this type of facility.  The Company's ability to borrow under the Facility is subject to its compliance with the covenants and other restrictions on an ongoing basis. The principal financial covenants limit the Company's level of secured and unsecured indebtedness and additionally require the Company to maintain certain debt coverage ratios.  The Company was in compliance with such covenants at October 31, 2014.
	During the fiscal years ended October 31, 2014 and 2013, respectively, the Company borrowed $65.1 million and $38.4 million on its Facility to fund a portion of the equity for property acquisitions and capital improvements to its properties.  During the fiscal years ended October 31, 2014 and 2013, respectively, the company re-paid $58.8 million and $40.7 million on its Facility with proceeds from a combination of non-recourse mortgage financings, Class A Common stock and preferred stock offerings and available cash.
	In November 2014, the Company entered into a commitment with a lender to place a $62.7 million non-recourse first mortgage loan that will encumber the Retail Properties that the Company purchased in December 2014.  The mortgage loan requires monthly payments of principal and interest in the amount of $294,000 at a fixed interest rate of 3.85% per annum.  The mortgage matures in January 2027.  Proceeds from the mortgage were used to repay the Facility.  The Company closed the mortgage financing in December of 2014.  In conjunction with the commitment, the Company deposited $628,000 with the lender, which is included in prepaid expenses and other assets at October 31, 2014.
	During fiscal 2014, the Company, through a wholly-owned subsidiary, assumed an existing non-recourse first mortgage loan encumbering the Boonton Property at its estimated fair value of $7.8 million.  The mortgage loan requires monthly payments of principal and interest at a fixed rate of 4.2% per annum.  The mortgage matures in September 2022.
	During fiscal 2014, the Company, through a wholly-owned subsidiary, assumed an existing non-recourse first mortgage loan encumbering the Bloomfield Property at its estimated fair value of $7.7 million.  The mortgage loan requires monthly payments of principal and interest at a fixed rate of 5.5% per annum.  The mortgage matures in August 2016.
	During fiscal 2014, the Company, through a wholly-owned subsidiary, assumed an existing non-recourse first mortgage loan encumbering the McLean Plaza Property at its estimated fair value of $2.8 million.  The mortgage matured in December 2014 and was refinanced with a new lender.  The new $5 million mortgage matures in November 2024 and requires monthly payments of interest only at a fixed rate of interest of 3.7% per annum.
	During fiscal 2014, the Company, through a wholly-owned subsidiary placed a non-recourse first mortgage loan encumbering the Greenwich Properties in the amount of $24.5 million.  The mortgage loan requires monthly payments of principal and interest at a fixed rate of 4.07% per annum.  The mortgage matures in November 2024.  Proceeds from the mortgage were used to repay the Facility.
	During fiscal 2014, the Company refinanced a non-recourse mortgage loan encumbering one of its retail properties in the amount of $16.2 million.  The mortgage loan requires monthly payments of principal and interest at a fixed rate of 3.995% per annum.  The mortgage matures in August 2024.
	During fiscal 2013, the Company, through a wholly-owned subsidiary, assumed an existing first mortgage loan encumbering the Post Road Properties at its estimated fair value of $8.3 million.  The mortgage loan requires monthly payments of principal and interest at a fixed rate of 4.0% per annum.  The mortgage matures in August 2016.
	During fiscal 2013, the Company, through a wholly-owned subsidiary, assumed a first mortgage loan encumbering the New Providence Property at its estimated fair value of $21.3 million.  The mortgage loan requires monthly payments of principal and interest at the fixed rate of 4.0% per annum. The mortgage matures in January 2022.
	In June of fiscal 2013, the Company repaid, at maturity, its first mortgage payable secured by its Veteran's Plaza property in the amount of $3.2 million.
	During fiscal 2012, the Company, through a wholly owned subsidiary, assumed a first mortgage payable secured by its Eastchester Plaza property with an estimated fair value of approximately of $3.6 million.  The mortgage matured in April 2012 and was repaid.
	During fiscal 2012, the Company assumed a first mortgage payable in the amount of $7.4 million in conjunction with its investment in Orangeburg (see note 5 below).  The loan requires payments of principal and interest at a fair market value interest rate of 2.04% (6.19% contractual rate). Subsequent to the assumption, Orangeburg extended the loan with the current lender for an additional 5 years, leaving all terms unchanged, except the interest rate was adjusted to a fixed rate of 2.78%.  The loan now matures in October 2017.  The operating agreement for Orangeburg requires that the loan be refinanced and not repaid at maturity.
	In February 2012, the Company borrowed $28.0 million by placing a non-recourse first mortgage on one of its unencumbered properties.  The loan is for a term of ten years and will require payments of principal and interest based on a 30-year amortization schedule at the fixed interest rate of 4.85%.
	In October 2012, the Company repaid, at maturity, its first mortgage payable secured by its New Milford Property in the amount of $8.3 million.
	In August 2012, a wholly owned subsidiary of the Company completed the installation of a solar power system (the "Ferry System") at the Company's Ferry Plaza Shopping Center in Newark, New Jersey at a total cost of approximately $1.7 million. The subsidiary financed a portion of the project with a loan in the amount of $1.1 million from The Public Service Electric and Gas Company of New Jersey ("PSE&G"), through PSE&G's "Solar Loan Program II".  The loan requires monthly payments of principal and interest at 11.30% per annum through its maturity date of August 31, 2027.  The subsidiary has the option of repaying all or part of the PSE&G loan, including interest, with Solar Renewable Energy Credits ("SREC's") that are expected to be generated by the Ferry System.  The remaining cost of the Ferry System was funded by a renewable energy grant from the federal government.
	Interest paid in the years ended October 31, 2014, 2013, and 2012 was approximately $10.3 million, $8.5 million and $8.6 million, respectively.

CONSOLIDATED_JOINT_VENTURES_AN

CONSOLIDATED JOINT VENTURES AND REDEEMABLE NONCONTROLLING INTERESTS	12 Months Ended
	Oct. 31, 2014
CONSOLIDATED JOINT VENTURES AND REDEEMABLE NONCONTROLLING INTERESTS [Abstract]
CONSOLIDATED JOINT VENTURES AND REDEEMABLE NONCONTROLLING INTERESTS	(5) CONSOLIDATED JOINT VENTURES AND REDEEMABLE NONCONTROLLING INTERESTS
	The Company has an investment in three joint ventures, UB Ironbound, LP ("Ironbound"), Orangeburg and McLean Plaza each of which owns a commercial retail real estate property. The Company has evaluated its investment in these three joint ventures and has concluded that the ventures are not Variable Interest Entities ("VIE or VIE's"), however the joint venture investments meet certain criteria of a sole general partner (or limited liability member) in accordance with ASC Topic 970-810 "Real Estate-Consolidation". The Company has determined that such joint ventures are fully controlled by the Company and that the presumption of control is not offset by any rights of any of the limited partners or non-controlling members in the ventures and that the joint ventures should be consolidated into the consolidated financial statements of the Company. The Company's investments in the consolidated joint ventures are more fully described below:
	Ironbound (Ferry Plaza)
	The Company, through a wholly-owned subsidiary, is the general partner and owns 84% of one consolidated limited partnership, Ironbound, which owns a grocery anchored shopping center.
	The Ironbound limited partnership has a defined termination date of December 31, 2097. The partners in Ironbound are entitled to receive an annual cash preference payable from available cash of the partnership. Any unpaid preferences accumulate and are paid from future cash, if any. The balance of available cash, if any, is distributed in accordance with the respective partner's interests. The limited partners in Ironbound currently have the right to require the Company to repurchase all or a portion of their remaining limited partner interests at prices as defined in the Ironbound partnership agreement. Upon liquidation of Ironbound, proceeds from the sale of partnership assets are to be distributed in accordance with the respective partnership interests. The limited partners are not obligated to make any additional capital contributions to the partnership. The Company retains an affiliate of one of the limited partners in Ironbound to provide management and leasing services to the property at an annual fee equal to 2.00% percent of rental income collected, as defined.
	Orangeburg
	The Company, through a wholly-owned subsidiary, is the managing member and owns an approximate 21.7% interest in Orangeburg, which owns a CVS Pharmacy anchored shopping center in Orangeburg, NY.  The other member (non-managing) of Orangeburg is the prior owner of the contributed property who, in exchange for contributing the net assets of the property, received units of Orangeburg equal to the value of the contributed property less the value of the assigned first mortgage payable.  The Orangeburg operating agreement provides for the non-managing member to receive an annual cash distribution equal to the regular quarterly cash distribution declared by the Company for one share of the Company's Class A Common stock for each unit of Orangeburg ownership.  The annual cash distribution will be paid from available cash, as defined, of Orangeburg.  Upon liquidation, proceeds from the sale of Orangeburg assets are to be distributed in accordance with the operating agreement.  Orangeburg has a defined termination date of December 31, 2097.  Since purchasing this property, the Company has made additional investments in the amount of $1.7 million in Orangeburg and as a result as of October 31, 2014 its ownership percentage has increased to 21.7% from approximately 2.00% at inception.
	McLean Plaza
	In October 2014, the Company, through a wholly-owned subsidiary, acquired a 51% interest in McLean Plaza Associates for a net investment of $6.2 million.  McLean Plaza's sole asset is a grocery anchored shopping center located in Yonkers, NY. Distributions of available cash flow are made in accordance with the joint venture owners, ownership percentage.  McLean Plaza is encumbered by a first mortgage payable in the amount of $2.8 million.
	Noncontrolling interests:
	The Company accounts for non-controlling interests in accordance with ASC Topic 810, "Consolidation". Because the limited partners or non-controlling members in Ironbound, Orangeburg and McLean Plaza have the right to require the Company to redeem all or a part of their limited partnership or limited liability company units at prices as defined in the governing agreements, the Company reports the noncontrolling interests in the consolidated joint ventures in the mezzanine section, outside of permanent equity, of the consolidated balance sheets at redemption value which approximates fair value. The value of the Orangeburg redemption is based solely on the price of the Company's Class A Common stock on the date of redemption. For the years ended October 31, 2014 and 2013, the Company adjusted the carrying value of the non-controlling interests by $887,000 and $422,000, respectively, with the corresponding adjustment recorded in stockholders' equity.
	The following table sets forth the details of the Company's redeemable non-controlling interests at October 31, 2014 and 2013: (amounts in thousands)
		October 31,		October 31,
		2014		2013
	Beginning Balance	$	11,843	$	11,421
	Initial McLean Plaza Noncontrolling Interest		6,134		-
	Change in Redemption Value		887		422
	Ending Balance	$	18,864	$	11,843

INVESTMENTS_IN_AND_ADVANCES_TO

INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED JOINT VENTURES	12 Months Ended
	Oct. 31, 2014
INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED JOINT VENTURES [Abstract]
INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED JOINT VENTURES	(6) INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED JOINT VENTURES
	At October 31, 2014 and 2013, investments in and advances to unconsolidated joint ventures consisted of the following (with the Company's ownership percentage in parentheses) (amounts in thousands):
		31-Oct-14		31-Oct-13
	Chestnut Ridge and Plaza 59 Shopping Centers (50.0%)	$	18,380	$	18,277
	Gateway Plaza (50% in 2014 and 0% in 2013)		7,069		-
	Midway Shopping Center, L.P. (11.642%)		5,322		5,668
	Putnam Plaza Shopping Center (66.67%)		6,525		6,764
	Applebee's at Riverhead (50% in 2014 and 0% in 2013)		1,194		-
	81 Pondfield Road Company (20%)		723		723
	Total	$	39,213	$	31,432
	Gateway Plaza and Applebee's at Riverhead
	In February 2014, the Company, through two wholly owned subsidiaries, purchased a 50% undivided equity interest in the Gateway Plaza Shopping Center ("Gateway") for $6.1 million and Applebee's at Riverhead ("Applebee's") for $1.1 million.  Both investments were inclusive of the Company assuming its 50% interest in the mortgages encumbering both properties.  Both properties are located in Riverhead, New York (together the "Riverhead Properties").  Gateway, a 194,000 square foot shopping center anchored by a 168,000 square foot newly constructed Walmart which also has 27,000 square feet of newly constructed in-line space that is partially leased.  Applebee's has a 5,400 square foot free standing Applebee's restaurant with additional development rights for 7,200 square feet.  The Company accounts for its investment in the Riverhead Properties under the equity method of accounting since it exercises significant influence, but does not control the ventures.  The other venturer in both properties has substantial participation rights in the financial decisions and operation of the properties, which preclude the Company from consolidating the investments. The Company has evaluated its investment in the two properties and has concluded that the ventures are not VIE's. Under the equity method of accounting the initial investment is recorded at cost as an investment in unconsolidated joint venture, and subsequently adjusted for equity in net income (loss) and cash contributions and distributions from the venture. Any difference between the carrying amount of the investment on the Company's balance sheet and the underlying equity in net assets of the venture is evaluated for impairment at each reporting period.
	Simultaneously with the acquisition of Gateway, a $14 million non-recourse first mortgage payable was placed on the property with $12.0 million of the proceeds distributed to the seller. The remaining $2 million of the principal is held in escrow by the lender until certain conditions are met regarding the leasing of the 27,000 square foot building.  The new mortgage has a term of ten years and requires payments of principal and interest at a fixed rate of interest of 4.2% per annum.
	Chestnut Ridge and Plaza 59 Shopping Centers
	The Company, through two wholly owned subsidiaries, owns a 50% undivided equity interest in the 76,000 square foot Chestnut Ridge Shopping Center located in Montvale, New Jersey ("Chestnut") and the 24,000 square foot Plaza 59 Shopping Center located in Spring Valley, New York ("Plaza 59") for a combined investment of approximately $18 million. The Company accounts for its investment in Chestnut and Plaza 59 under the equity method of accounting since it exercises significant influence, but does not control the ventures.  The other venturer in both properties has substantial participation rights in the financial decisions and operation of each property, which preclude the Company from consolidating the investment. The Company has evaluated its investment in the two properties and has concluded that the ventures are not VIEs. Under the equity method of accounting the initial investment is recorded at cost as an investment in unconsolidated joint venture, and subsequently adjusted for equity in net income (loss) and cash contributions and distributions from the venture. Any difference between the carrying amount of the investment on the Company's balance sheet and the underlying equity in net assets of each venture is evaluated for impairment at each reporting period.
	Midway Shopping Center, L.P.
	The Company, through a wholly owned subsidiary, owns an 11.642% equity interest in Midway Shopping Center L.P. ("Midway"), which owns a 247,000 square foot shopping center in Westchester County, New York. In addition, the Company loaned Midway, in the form of an unsecured note, approximately $13.2 million.  The loan to Midway by the Company required monthly payments to the Company of interest only at 5.75% per annum.  The loan matured on January 1, 2013 and was repaid. The Company has evaluated its investment in Midway and has concluded that the venture is not a VIE and should not be consolidated into the financial statements of the Company. Although the Company only has an approximate 12% equity interest in Midway, it controls 25% of the voting power of Midway and as such has determined that it exercises significant influence over the financial and operating decisions of Midway but does not control the venture and accounts for its investment in Midway under the equity method of accounting. Under the equity method of accounting the initial investment is recorded at cost as an investment in unconsolidated joint venture, and subsequently adjusted for equity in net income (loss) and cash contributions and distributions from the venture. Any difference between the carrying amount of the investment on the Company's balance sheet and the underlying equity in net assets of the venture is evaluated for impairment at each reporting period.
	The Company has allocated the $7.4 million excess of the carrying amount of its investment in and advances to Midway over the Company's share of Midway's net book value to real property and is amortizing the difference over the property's estimated useful life of 39 years.
	Midway currently has a non-recourse first mortgage payable in the amount of $32 million. The loan requires payments of principal and interest at the rate of 4.80% per annum and will mature in 2027.
	Putnam Plaza Shopping Center
	The Company, through a wholly owned subsidiary, owns a 66.67% undivided equity interest in the 189,000 square foot Putnam Plaza Shopping Center ("Putnam Plaza"). The Company accounts for its investment in the Putnam Plaza joint venture under the equity method of accounting since it exercises significant influence, but does not control the venture.  The other venturer in Putnam Plaza has substantial participation rights in the financial decisions and operation of the property, which preclude the Company from consolidating the investment. The Company has evaluated its investment in Putnam Plaza and has concluded that the venture is not a VIE. Under the equity method of accounting the initial investment is recorded at cost as an investment in unconsolidated joint venture, and subsequently adjusted for equity in net income (loss) and cash contributions and distributions from the venture. Any difference between the carrying amount of the investment on the Company's balance sheet and the underlying equity in net assets of the venture is evaluated for impairment at each reporting period.
	Putnam Plaza has a first mortgage payable in the amount of $21 million. The mortgage requires monthly payments of principal and interest at a fixed rate of 4.17% and will mature in 2019.
	81 Pondfield Road Company
	The Company's other investment in an unconsolidated joint venture is a 20% economic interest in a partnership which owns a retail and office building in Westchester County, New York.

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Oct. 31, 2014
STOCKHOLDERS' EQUITY [Abstract]
STOCKHOLDERS' EQUITY	(7) STOCKHOLDERS' EQUITY
	Authorized Stock
	The Company's Charter authorizes up 200,000,000 shares of various classes of stock.  The total number of shares of authorized stock consists of 100,000,000 shares of Class A Common Stock, 30,000,000 shares of Common Stock,  50,000,000 shares of Preferred Stock, and 20,000,000 shares of Excess Stock.
	Preferred Stock
	On October 22, 2014, we issued notice of our intent to redeem all of the outstanding shares of our 7.5% Series D Senior Cumulative Preferred Stock with a liquidation preference $25 per share. As a result, as of October 31, 2014 the outstanding Series D preferred stock has been reclassified out of stockholder's equity and is reflected as a liability at redemption value and we recognized a loss of $1.87 million on our consolidated statement of income for the fiscal year ended October 31, 2014, which represents the difference between redemption value and carrying value net of original deferred issuance costs. We completed this redemption on November 20, 2014.
	The Series F Preferred Stock is non-voting, has no stated maturity and is redeemable for cash at $25 per share at the Company's option on or after October 24, 2017.  The holders of our Series F Preferred Stock have general preference rights with respect to liquidation and quarterly distributions.  Except under certain conditions, holders of the Series F Preferred Stock will not be entitled to vote on most matters.  In the event of a cumulative arrearage equal to six quarterly dividends, holders of Series F Preferred Stock, together with all of the Company's other series of preferred stock (voting as a single class without regard to series) will have the right to elect two additional members to serve on the Company's Board of Directors until the arrearage has been cured.  Upon the occurrence of a Change of Control, as defined in the Company's Articles of Incorporation, the holders of the Series F Preferred Stock will have the right to convert all or part of the shares of Series F Preferred Stock held by such holders on the applicable conversion date into a number of the Company's shares of Class A Common Stock. Underwriting commissions and costs incurred in connection with the sale of the Series F Preferred Stock are reflected as a reduction of additional paid in capital.
	During fiscal 2014, the Company completed the public offering of 2,800,000 shares of 6.75% Series G Senior Cumulative Preferred Stock (the "Series G Preferred Stock") at a price of $25 per share for net proceeds of $67.8 million after underwriting discounts but before offering expenses. These shares are nonvoting, have no stated maturity and are redeemable for cash at $25 per share at the Company's option on or after October 28, 2019. Holders of these shares are entitled to cumulative dividends, payable quarterly in arrears. Dividends accrue from the date of issue at the annual rate of $1.6875 per share per annum. The holders of our Series G Preferred Stock have general preference rights with respect to liquidation and quarterly distributions. Except under certain conditions holders of the Series G Preferred Stock will not be entitled to vote on most matters. In the event of a cumulative arrearage equal to six quarterly dividends, holders of Series G Preferred Stock, together with all of the Company's other Series of preferred stock (voting as a single class without regard to series) will have the right to elect two additional members to serve on the Company's Board of Directors until the arrearage has been cured. Upon the occurrence of a Change of Control, as defined in the Company's Articles of Incorporation, the holder of the Series G Preferred Stock will have the right to convert all or part of the shares of Series G Preferred Stock held by such holder on the applicable conversion date into a number of the Company's shares of Class A common stock. Underwriting commissions and costs incurred in connection with the sale of the Series G Preferred Stock are reflected as a reduction of additional paid in capital.  In November 2014, the underwriter notified the Company that it was exercising its over-allotment option and that it would purchase an additional 200,000 shares of Series G preferred stock at $25 per share.  As a result, in November 2014, the Company received an additional $4.8 million in net proceeds.
	In fiscal 2012, the Company repurchased its remaining Series C Senior Cumulative Preferred Stock outstanding and as a result included the $892,000 and $1.3 million excess of the repurchase price of the preferred shares paid over the carrying amount of the shares as a reduction of income available to Common and Class A Common shareholders in the accompanying consolidated statement of income for the years ended October 31, 2013 and 2012, respectively.
	On November 21, 2012, the Company redeemed all of its outstanding Series E Senior Cumulative Preferred Stock.  As a result, the Company included the $3.3 million excess of the repurchase price of the preferred shares paid over the carrying amount of the Series E preferred stock as a reduction of income available to Common and Class A Common shareholders in the accompanying consolidated statement of income for the fiscal year ended October 31, 2013.
	Common Stock
	During fiscal 2012, the Company sold 2,500,000 shares of Class A Common Stock in an underwritten follow-on common stock offering for $19.16 per share and raised net proceeds of $47.5 million.
	The Class A Common Stock entitles the holder to 1/20 of one vote per share. The Common Stock entitles the holder to one vote per share. Each share of Common Stock and Class A Common Stock have identical rights with respect to dividends except that each share of Class A Common Stock will receive not less than 110% of the regular quarterly dividends paid on each share of Common Stock.
	The Company has a Dividend Reinvestment and Share Purchase Plan (as amended) (the "DRIP"), that permits stockholders to acquire additional shares of Common Stock and Class A Common Stock by automatically reinvesting dividends.  During fiscal 2014, the Company issued 6,347 shares of Common Stock and 6,811 shares of Class A Common Stock (5,797 shares of Common Stock and 6,724 shares of Class A Common Stock in fiscal 2013) through the DRIP.  As of October 31, 2014, there remained 357,953 shares of Common Stock and 416,273 shares of Class A Common Stock available for issuance under the DRIP.
	The Company has a stockholder rights agreement that expires on November 11, 2018. The rights are not currently exercisable. When they are exercisable, the holder will be entitled to purchase from the Company one one-hundredth of a share of a newly-established Series A Participating Preferred Stock at a price of $65 per one one-hundredth of a preferred share, subject to certain adjustments. The distribution date for the rights will occur 10 days after a person or group either acquires or obtains the right to acquire 10% ("Acquiring Person") or more of the combined voting power of the Company's Common Shares, or announces an offer, the consummation of which would result in such person or group owning 30% or more of the then outstanding Common Shares. Thereafter, shareholders other than the Acquiring Person will be entitled to purchase original common shares of the Company having a value equal to 2 times the exercise price of the right.
	If the Company is involved in a merger or other business combination at any time after the rights become exercisable, and the Company is not the surviving corporation or 50% or more of the Company assets are sold or transferred, the rights agreement provides that the holder other than the Acquiring Person will be entitled to purchase a number of shares of common stock of the acquiring company having a value equal to two times the exercise price of each right.
	The Company's articles of incorporation provide that if any person acquires more than 7.5% of the aggregate value of all outstanding stock, except, among other reasons, as approved by the Board of Directors, such shares in excess of this limit automatically will be exchanged for an equal number of shares of Excess Stock. Excess Stock has limited rights, may not be voted and is not entitled to any dividends.
	Stock Repurchase
	Previously, the Board of Directors of the Company approved a share repurchase program ("Original Program") for the repurchase of up to 1,500,000 shares of Common Stock, Class A Common Stock and the Company's Series C and Series D Senior Cumulative Preferred Stock in open-market transactions.  Recognizing that the Company issued a new Series F Preferred Stock in October 2012 and that the remaining outstanding shares of the Series C Cumulative Preferred Stock were redeemed in May 2013, the Board of Directors terminated the Original Program in December 2013 and at the same time approved a new share repurchase program (the "Current Program") for the repurchase of up to 2,000,000 shares of Common stock and Class A Common stock and Series D Senior Cumulative Preferred stock and Series F Cumulative Preferred stock in open market transactions.  Prior to terminating the Original Program, the Company had repurchased 4,600 shares of Common Stock and 724,578 shares of Class A Common Stock under the Original Program.
	(8) STOCK COMPENSATION AND OTHER BENEFIT PLANS

STOCK_COMPENSATION_AND_OTHER_B

STOCK COMPENSATION AND OTHER BENEFIT PLANS	12 Months Ended
	Oct. 31, 2014
STOCK COMPENSATION AND OTHER BENEFIT PLANS [Abstract]
STOCK COMPENSATION AND OTHER BENEFIT PLANS	Restricted Stock Plan
	The Company has a Restricted Stock Plan that provides a form of equity compensation for employees of the Company.  The Plan, which is administered by the Company's compensation committee, authorizes grants of up to an aggregate of 3,750,000 shares of the Company's common equity consisting of 350,000 Common shares, 350,000 Class A Common shares and 3,050,000 shares, which at the discretion of the compensation committee, may be awarded in any combination of Class A Common shares or Common shares.
	In accordance with ASC Topic 718, the Company recognizes compensation expense for restricted stock awards upon the earlier of the explicit vesting period or the date a participant first becomes eligible for retirement unless a waiver was received by an employee over the retirement age, waving his right to continued vesting after retirement.  For non-vested restricted stock awards granted prior to the adoption of ASC Topic 718 in 2005, the Company continues to recognize compensation expense over the explicit vesting periods and accelerates any remaining unrecognized compensation cost when a participant actually retires.
	In fiscal 2014, the Company awarded 152,000 shares of Common Stock and 80,500 shares of Class A Common Stock to participants in the Plan. The grant date fair value of restricted stock grants awarded to participants in 2014 was approximately $3.8 million. As of October 31, 2014, there was $12.6 million of unamortized restricted stock compensation related to non-vested restricted stock grants awarded under the Plan. The remaining unamortized expense is expected to be recognized over a weighted average period of 4.64 years. For the years ended October 31, 2014, 2013 and 2012, amounts charged to compensation expense totaled $4,088,000, $4,073,000 and $3,824,000, respectively.
	A summary of the status of the Company's non-vested restricted stock awards as of October 31, 2014, and changes during the year ended October 31, 2014 are presented below:
		Common Shares					Class A Common Shares
		Shares			Weighted-Average Grant Date Fair Value		Shares			Weighted-Average Grant Date Fair Value
	Non-vested at October 31, 2013		1,479,700		$	15.88		404,150		$	17.39
	Granted		152,000		$	15.6		80,500		$	18.32
	Vested		(250,900	)	$	13.88		(78,400	)	$	15.18
	Forfeited		-		$	-		(6,300	)	$	18.48
	Non-vested at October 31, 2014		1,380,800		$	16.21		399,950		$	18.01
	Profit Sharing and Savings Plan
	The Company has a profit sharing and savings plan (the "401K Plan"), which permits eligible employees to defer a portion of their compensation in accordance with the Internal Revenue Code. Under the 401K Plan, the Company made contributions on behalf of eligible employees. The Company made contributions to the 401K Plan of approximately $150,000 in each of the three years ended October 31, 2014, 2013 and 2012. The Company also has an Excess Benefit and Deferred Compensation Plan that allows eligible employees to defer benefits in excess of amounts provided under the Company's 401K Plan and a portion of the employee's current compensation.
	(9) FAIR VALUE MEASUREMENTS

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Oct. 31, 2014
FAIR VALUE MEASUREMENTS [Abstract]
FAIR VALUE MEASUREMENTS	ASC Topic 820, "Fair Value Measurements and Disclosures," defines fair value as the price that would be received to sell an asset, or paid to transfer a liability, in an orderly transaction between market participants.
	ASC Topic 820's valuation techniques are based on observable or unobservable inputs. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company's market assumptions. These two types of inputs have created the following fair value hierarchy:
		·	Level 1- Quoted prices for identical instruments in active markets
		·	Level 2- Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which significant value drivers are observable
		·	Level 3- Valuations derived from valuation techniques in which significant value drivers are unobservable
	The Company calculates the fair value of the redeemable noncontrolling interests based on either quoted market prices on national exchanges or unobservable inputs considering the assumptions that market participants would make in pricing the obligations. The inputs used include an estimate of the fair value of the cash flow generated by the limited partnership in which the investor owns the partnership units.
	The fair values of interest rate swaps are determined using widely accepted valuation techniques, including discounted cash flow analysis, on the expected cash flows of each derivative. The analysis reflects the contractual terms of the swaps, including the period to maturity, and uses observable market-based inputs, including interest rate curves ("significant other observable inputs.") The fair value calculation also includes an amount for risk of non-performance using "significant unobservable inputs" such as estimates of current credit spreads to evaluate the likelihood of default. The Company has concluded, as of October 31, 2014 and 2013, that the fair value associated with the "significant unobservable inputs" relating to the Company's risk of non-performance was insignificant to the overall fair value of the interest rate swap agreements and, as a result, the Company has determined that the relevant inputs for purposes of calculating the fair value of the interest rate swap agreements, in their entirety, were based upon "significant other observable inputs".
	The Company measures its redeemable noncontrolling interests and interest rate swap derivatives at fair value on a recurring basis. The fair value of these financial assets and liabilities was determined using the following inputs at October 31, 2014 and 2013 (amounts in thousands):
					Fair Value Measurements at Reporting Date Using
			Total		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
					(Level 1)		(Level 2)		(Level 3)
	Fiscal Year Ended October 31, 2014
	Assets:
	Interest Rate Swap Agreement		$	63	$	-	$	63	$	-
	Liabilities:
	Redeemable noncontrolling interests		$	18,864	$	9,802	$	-	$	9,062
	Fiscal Year Ended October 31, 2013
	Assets:
	Interest Rate Swap Agreement		$	81	$	-	$	81	$	-
	Liabilities:
	Redeemable noncontrolling interests		$	11,843	$	8,946	$	-	$	2,897
	Fair market value measurements based upon Level 3 inputs changed from $2,837 at November 1, 2012 to $2,897 at October 31, 2013 as a result of a $60 increase in the redemption value of the Company's noncontrolling interest in Ironbound in accordance with the application of ASC Topic 810.  Fair market value measurements based upon Level 3 inputs changed from $2,897 at November 1, 2013 to $9,062 at October 31, 2014 as a result of a $31 increase in the redemption value of the Company's noncontrolling interest in Ironbound in accordance with the application of ASC Topic 810 and an increase in the amount of $6,134 representing the non-controlling interest in the Company's McLean Plaza investment (See note 5).
	Fair Value of Financial Instruments
	The carrying values of cash and cash equivalents, restricted cash, tenant receivables, prepaid expenses, other assets, accounts payable and accrued expenses are reasonable estimates of their fair values because of the short-term nature of these instruments. The carrying value of the revolving credit facility and the unsecured term loan are deemed to be at fair value since the outstanding debt is directly tied to monthly LIBOR contracts. Mortgage notes payable that were assumed in property acquisitions were recorded at their fair value at the time they were assumed.
	Mortgage notes payable and other loans are estimated to have a fair value of approximately $206 million and $155 million at October 31, 2014 and October 31, 2013, respectively. The estimated fair value of mortgage notes payable is based on discounting the future cash flows at a year-end risk adjusted borrowing rate currently available to the Company for issuance of debt with similar terms and remaining maturities. These fair value measurements fall within level 2 of the fair value hierarchy.  When the Company acquires a property it is required to fair value all of the assets and liabilities, including intangible assets and liabilities, relating to the property's in-place leases (See Note 1).  Those fair value measurements fall within level 3 of the fair value hierarchy.
	Although management is not aware of any factors that would significantly affect the estimated fair value amounts from October 31, 2013, such amounts have not been comprehensively revalued for purposes of these financial statements since that date and current estimates of fair value may differ significantly from the amounts presented herein.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Oct. 31, 2014
COMMITMENTS AND CONTINGENCIES [Abstract]
COMMITMENTS AND CONTINGENCIES	(10) COMMITMENTS AND CONTINGENCIES
	In the normal course of business, from time to time, the Company is involved in legal actions relating to the ownership and operations of its properties. In management's opinion, the liabilities, if any, that ultimately may result from such legal actions are not expected to have a material adverse effect on the consolidated financial position, results of operations or liquidity of the Company.
	At October 31, 2014, the Company had commitments of approximately $3.9 million for tenant-related obligations.

PRO_FORMA_FINANCIAL_INFORMATIO

PRO FORMA FINANCIAL INFORMATION (UNAUDITED)	12 Months Ended
	Oct. 31, 2014
PRO FORMA FINANCIAL INFORMATION (UNAUDITED) [Abstract]
PRO FORMA FINANCIAL INFORMATION (UNAUDITED) [Text Block]	(11) PRO FORMA FINANCIAL INFORMATION (UNAUDITED)
	The unaudited pro forma financial information set forth below is based upon the Company's historical consolidated statements of income for the years ended October 31, 2014 and 2013 adjusted to give effect to the property acquisitions completed in fiscal 2013, fiscal 2014 and acquisitions completed from November 1, 2014 to the date of this report (see Note 3) as though these transactions were completed on November 1, 2012.
	The pro forma financial information is presented for informational purposes only and may not be indicative of what the actual results of operations would have been had the transactions occurred as of the beginning of that year nor does it purport to represent the results of future operations (amounts in thousands).
		Year Ended October 31,
		2014		2013
	Pro forma revenues	$	117,136	$	116,494
	Pro forma income from continuing operations	$	56,972	$	34,971
	Pro forma income from continuing operations applicable to Common and Class A Common stockholders:	$	40,446	$	14,934
	The following table summarizes the revenues and income from continuing operations that is included in the Company's historical consolidated statement of income for the year ended October 31, 2014 for the properties acquired in fiscal 2014 as more fully described in note 3 (amounts in thousands).
	Revenues	$	4,163
	Income from continuing operations	$	811

QUARTERLY_RESULTS_OF_OPERATION

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)	12 Months Ended
	Oct. 31, 2014
QUARTERLY RESULTS OF OPERATIONS [Abstract]
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)		Year Ended October 31, 2014												Year Ended October 31, 2013
		Quarter Ended												Quarter Ended
		31-Jan			30-Apr			31-Jul			31-Oct			31-Jan			30-Apr			31-Jul			31-Oct
	Revenues	$	25,195		$	25,952		$	24,955		$	26,226		$	23,737		$	22,834		$	23,613		$	24,061
	Income from continuing operations	$	6,621		$	6,482		$	7,494		$	32,494		$	6,814		$	7,173		$	7,840		$	7,278
	Net Income Attributable to Urstadt Biddle Properties Inc.	$	6,465		$	6,334		$	7,343		$	32,342		$	7,014		$	7,421		$	7,915		$	7,445
	Preferred Stock Dividends		(3,453	)		(3,453	)		(3,453	)		(3,453	)		(3,961	)		(3,929	)		(3,606	)		(3,453	)
	Redemption of Preferred Stock		-			-			-			(1,870	)		(3,759	)		(406	)		(68	)		-
	Net Income Applicable to Common and Class A Common Stockholders	$	3,012		$	2,881		$	3,890		$	27,019		$	(706	)	$	3,086		$	4,241		$	3,992
	Per Share Data:
	Net income from continuing operations - Basic:
	Class A Common Stock	$	0.1		$	0.1		$	0.13		$	0.9		$	(0.04	)	$	0.09		$	0.13		$	0.12
	Common Stock	$	0.09		$	0.09		$	0.11		$	0.8		$	(0.03	)	$	0.08		$	0.12		$	0.11
	Net income from continuing operations - Diluted:
	Class A Common Stock	$	0.1		$	0.09		$	0.12		$	0.87		$	(0.04	)	$	0.09		$	0.13		$	0.12
	Common Stock	$	0.09		$	0.08		$	0.11		$	0.77		$	(0.03	)	$	0.08		$	0.11		$	0.11
	Amounts may not equal previously reported results due to reclassification between income from continuing operations and income from discontinued operations.
	Amounts may not equal full year results due to rounding.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Oct. 31, 2014
SUBSEQUENT EVENTS [Abstract]
SUBSEQUENT EVENTS	(13) SUBSEQUENT EVENTS
	On December 11, 2014, the Board of Directors of the Company declared cash dividends of $0.225 for each share of Common Stock and $0.2550 for each share of Class A Common Stock.  The dividends are payable on January 16, 2015 to stockholders of record on January 5, 2015. The Board of Directors also ratified the actions of the Company's compensation committee authorizing awards of 152,000 shares of Common Stock and  92,750 shares of Class A Common Stock to certain officers, directors and employees of the Company effective January 2, 2015, pursuant to the Company's restricted stock plan.  The fair value of the shares awarded totaling $4.8 million will be charged to expense over the respective vesting periods.
	In November 2014, the Company sold 2,500,000 shares of Class A Common Stock in an underwritten follow-on common stock offering for $20.82 per share and raised net proceeds of $52.1 million. In addition, in November 2014, the underwriters of the offering exercised their over-allotment option and purchased an additional 375,000 shares of Class A Common stock at the same price, which raised an additional $7.8 million.

SCHEDULE_III_REAL_ESTATE_AND_A

SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION	12 Months Ended
	Oct. 31, 2014
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION [Abstract]
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION
	URSTADT BIDDLE PROPERTIES INC.
	31-Oct-14
	SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION
	(In thousands)
	COL. A	COL. B			COL. C						COL. D						COL. E						COL. F		COL. G/H		COL. I
					Initial Cost to Company						Cost Capitalized Subsequent						Amount at which Carried at Close of Period										Life on which
											to Acquisition																depreciation for
																											building and
																											improvements in latest
	Description and	Encumbrances			Land			Building &			Land			Building &			Land		Building &		TOTAL (a)		Accumulated		Date		income statement is
	Location							Improvements						Improvements					Improvements				Depreciation		Constructed/		computed (Note (c))
																							(Note (b))		Acquired
	Real Estate Subject to Operating Leases (Note (a)):
	Office Buildings:
	Greenwich, CT	$	-		$	708		$	1,641		$	-		$	266		$	708	$	1,907	$	2,615	$	602		2001		31.5
	Greenwich, CT		-			488			1,139			-			330			488		1,469		1,957		484		2000		31.5
	Greenwich, CT		-			570			2,359			-			692			570		3,051		3,621		1,234		1998		31.5
	Greenwich, CT		-			199			795			-			712			199		1,507		1,706		500		1993		31.5
	Greenwich, CT		-			111			444			-			5			111		449		560		334		1994		31.5
	Bernardsville, NJ		-			720			2,880			(24	)		(47	)		696		2,833		3,529		141		2012		39
	Chester, NJ		-			570			2,280			(34	)		(137	)		536		2,143		2,679		104		2012		39
			-			3,366			11,538			(58	)		1,821			3,308		13,359		16,667		3,399
	Retail Properties:
	Bronxville, NY		-			60			239			95			776			155		1,015		1,170		127		2009		39
	Yonkers, NY		-			30			121			183			734			213		855		1,068		110		2009		39
	Yonkers, NY		-			30			121			85			341			115		462		577		60		2009		39
	New Milford, CT		-			2,114			8,456			71			319			2,185		8,775		10,960		1,389		2008		39
	New Milford, CT		-			4,492			17,967			166			940			4,658		18,907		23,565		2,146		2010		39
	Newark, NJ		11,456			5,252			21,023			-			1,466			5,252		22,489		27,741		3,682		2008		39
	Waldwick, NJ		-			1,266			5,064			-			-			1,266		5,064		6,330		898		2007		39
	Emerson NJ		648			3,633			14,531			-			1,421			3,633		15,952		19,585		3,139		2007		39
	Monroe, CT		-			765			3,060			-			135			765		3,195		3,960		631		2007		39
	Pelham, NY		-			1,694			6,843			-			46			1,694		6,889		8,583		1,487		2006		39
	Stratford, CT		26,821			10,173			40,794			(94	)		9,093			10,079		49,887		59,966		13,067		2005		39
	Yorktown Heights, NY		-			5,786			23,221			-			4,709			5,786		27,930		33,716		5,800		2005		39
	Rye, NY		-			909			3,637			-			423			909		4,060		4,969		1,063		2004		39
	Rye, NY		1,455			483			1,930			-			6			483		1,936		2,419		521		2004		39
	Rye, NY		656			239			958			-			87			239		1,045		1,284		307		2004		39
	Rye, NY		1,494			695			2,782			1			19			696		2,801		3,497		748		2004		39
	Somers, NY		-			4,318			17,268			-			606			4,318		17,874		22,192		5,540		2003		39
	Westport, CT		-			2,076			8,305			-			306			2,076		8,611		10,687		2,610		2003		39
	White Plains, NY		-			8,065			32,258			(1	)		6,882			8,064		39,140		47,204		11,985		2003		39
	Orange, CT		-			2,320			10,564			-			1,441			2,320		12,005		14,325		3,900		2003		39
	Stamford, CT		46,584			17,965			71,859			-			6,621			17,965		78,480		96,445		25,954		2002		39
	Danbury, CT		-			2,459			4,566			-			697			2,459		5,263		7,722		1,764		2002		39
	Briarcliff, NY		-			2,222			5,185			1,234			7,096			3,456		12,281		15,737		1,787		2001		40
	Somers, NY		-			1,833			7,383			-			753			1,833		8,136		9,969		3,777		1999		31.5
	Briarcliff, NY		-			380			1,531			-			335			380		1,866		2,246		791		1999		40
	Briarcliff, NY		16,128			2,300			9,708			2			3,586			2,302		13,294		15,596		5,422		1998		40
	Ridgefield, CT		-			900			3,793			-			1,706			900		5,499		6,399		1,942		1998		40
	Darien, CT		16,982			4,260			17,192			-			756			4,260		17,948		22,208		7,329		1998		40
	Eastchester, NY		-			1,500			6,128			-			2,506			1,500		8,634		10,134		3,211		1997		31
	Danbury, CT		-			3,850			15,811			-			4,109			3,850		19,920		23,770		10,303		1995		31.5
	Carmel, NY		-			1,488			5,973			-			1,688			1,488		7,661		9,149		4,124		1995		31.5
	Meriden, CT		-			5,000			20,309			-			11,464			5,000		31,773		36,773		15,112		1993		31.5
	Somers, NY		-			821			2,600			-			549			821		3,149		3,970		1,469		1992		31.5
	Wayne, NJ		399			2,492			9,966			-			1,307			2,492		11,273		13,765		5,913		1992		31
	Newington, NH		-			728			1,997			-			1,754			728		3,751		4,479		2,617		1979		40
	Katonah, NY		-			1,704			6,816			-			100			1,704		6,916		8,620		820		2010		39
	Fairfield, CT		-			3,393			13,574			153			612			3,546		14,186		17,732		1,080		2011		39
	New Milford, CT		4,575			2,168			8,672			-			58			2,168		8,730		10,898		800		2011		39
	Eastchester, NY		-			1,800			7,200			78			477			1,878		7,677		9,555		563		2012		39
	Orangetown, NY		6,769			3,200			12,800			30			2,188			3,230		14,988		18,218		901		2012		39
Greenwich, CT		3,500			1,600			6,401			27			167			1,627		6,568		8,195		238		2013		39
Various		-			1,555			1,122			80			5,414			1,635		6,536		8,171		282		2013		39
Greenwich, CT		4,365			1,998			7,994			53			213			2,051		8,207		10,258		298		2013		39
New Providence,		20,546			6,970			27,880			463			2,402			7,433		30,282		37,715		1,193		2013		39
NJ
Bethel, CT		-			1,800			7,200			(18	)		(74	)		1,782		7,126		8,908		153		2014		39
Bloomfield, NJ		7,768			2,201			8,804			218			861			2,419		9,665		12,084		237		2014		39
Boonton, NJ		7,720			3,670			14,680			15			56			3,685		14,736		18,421		314		2014		39
Yonkers, NY		2,781			3,060			12,240			-			-			3,060		12,240		15,300		26		2014		39
Greenwich, CT		8,330			3,223			12,893			-			-			3,223		12,893		16,116		54		2014		40
Greenwich, CT		16,170			6,257			25,029			-			-			6,257		25,029		31,286		104		2014		40
		205,147			147,197			576,448			2,841			87,151			150,038		663,599		813,637		157,788
Total	$	205,147		$	150,563		$	587,986		$	2,783		$	88,972		$	153,346	$	676,958	$	830,304	$	161,187
URSTADT BIDDLE PROPERTIES INC.
31-Oct-14
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION - CONTINUED
(In thousands)
	Year Ended October 31,
NOTES:	2014			2013			2012
(a) RECONCILIATION OF REAL ESTATE -
OWNED SUBJECT TO OPERATING LEASES
Balance at beginning of year	$	732,159		$	660,375		$	631,167
Property improvements during the year		19,239			11,263			5,782
Properties acquired during the year		101,055			67,062			26,306
Properties sold during the year		(20,299	)		(4,475	)		(533	)
Property assets fully depreciated and written off		(1,850	)		(2,066	)		(2,347	)
Balance at end of year	$	830,304		$	732,159		$	660,375
(b) RECONCILIATION OF ACCUMULATED DEPRECIATION
Balance at beginning of year	$	155,272		$	140,511		$	126,693
Provision during the year charged to income		18,721			17,126			16,183
Property sold during the year		(10,956	)		(299	)		(18	)
Property assets fully depreciated and written off		(1,850	)		(2,066	)		(2,347	)
Balance at end of year	$	161,187		$	155,272		$	140,511
(c) Tenant improvement costs are depreciated over the life of the related leases, which range from 5 to 20 years.
(d) The depreciation provision represents the expense calculated on real property only.
(e) The aggregate cost for Federal Income Tax purposes for real estate subject to operating leases was approximately $713 million at October 31, 2014.

ORGANIZATION_BASIS_OF_PRESENTA1

ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Oct. 31, 2014
ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Principles of Consolidation and Use of Estimates	Principles of Consolidation and Use of Estimates
	The accompanying consolidated financial statements include the accounts of the Company, its wholly owned subsidiaries, and joint ventures in which the Company meets certain criteria of a sole general partner in accordance with Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 810, "Consolidation" and ASC Topic 970-810 "Real Estate-General-Consolidation". The Company has determined that such joint ventures should be consolidated into the consolidated financial statements of the Company. In accordance with ASC Topic  970-323 "Real Estate-General-Equity Method and Joint Ventures", joint ventures that the Company does not control but otherwise exercises significant influence in, are accounted for under the equity method of accounting. See Note 6 for further discussion of the unconsolidated joint ventures. All significant intercompany transactions and balances have been eliminated in consolidation.
	The accompanying financial statements are prepared on the accrual basis in accordance with accounting principles generally accepted in the United States of America ("GAAP"). The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the disclosure of contingent assets and liabilities, the reported amounts of assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the periods covered by the financial statements. The most significant assumptions and estimates relate to the valuation of real estate, depreciable lives, revenue recognition, fair value measurements and the collectability of tenant receivables and other assets. Actual results could differ from these estimates.
Federal Income Taxes	Federal Income Taxes
	The Company has elected to be treated as a real estate investment trust under Sections 856-860 of the Internal Revenue Code (Code). Under those sections, a REIT that, among other things, distributes at least 90% of real estate trust taxable income and meets certain other qualifications prescribed by the Code will not be taxed on that portion of its taxable income that is distributed. The Company believes it qualifies as a REIT and intends to distribute all of its taxable income for fiscal 2014 in accordance with the provisions of the Code. Accordingly, no provision has been made for Federal income taxes in the accompanying consolidated financial statements.
	The Company follows the provisions of ASC Topic 740, "Income Taxes," that, among other things, defines a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Topic 740 also provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition.   Based on its evaluation, the Company determined that it has no uncertain tax positions and no unrecognized tax benefits as of October 31, 2014.  As of October 31, 2014, the fiscal tax years 2011 through and including 2013 remain open to examination by the Internal Revenue Service.  There are currently no federal tax examinations in progress.
Real Estate Investments	Real Estate Investments
	All costs related to the improvement or replacement of real estate properties is capitalized. Additions, renovations and improvements that enhance and/or extend the useful life of a property are also capitalized. Expenditures for ordinary maintenance, repairs and improvements that do not materially prolong the normal useful life of an asset are charged to operations as incurred.
	Upon the acquisition of real estate properties, the fair value of the real estate purchased is allocated to the acquired tangible assets (consisting of land, buildings and building improvements), and identified intangible assets and liabilities (consisting of above-market and below-market leases and in-place leases), in accordance with ASC Topic 805, "Business Combinations." The Company utilizes methods similar to those used by independent appraisers in estimating the fair value of acquired assets and liabilities.  The fair value of the tangible assets of an acquired property considers the value of the property "as-if-vacant."  The fair value reflects the depreciated replacement cost of the asset.  In allocating purchase price to identified intangible assets and liabilities of an acquired property, the value of above-market and below-market leases are estimated based on the differences between (i) contractual rentals and the estimated market rents over the applicable lease term discounted back to the date of acquisition utilizing a discount rate adjusted for the credit risk associated with the respective tenants and (ii) the estimated cost of acquiring such leases giving effect to the Company's history of providing tenant improvements and paying leasing commissions, offset by a vacancy period during which such space would be leased.  The aggregate value of in-place leases is measured by the excess of (i) the purchase price paid for a property after adjusting existing in-place leases to market rental rates over (ii) the estimated fair value of the property "as-if-vacant," determined as set forth above.
	Above and below-market leases acquired are recorded at their fair value.  The capitalized above-market lease values are amortized as a reduction of rental revenue over the remaining term of the respective leases and the capitalized below-market lease values are amortized as an increase to rental revenue over the remaining term of the respective leases.  The value of in-place leases is based on the Company's evaluation of the specific characteristics of each tenant's lease.  Factors considered include estimates of carrying costs during expected lease-up periods, current market conditions, and costs to execute similar leases.  The value of in-place leases are amortized over the remaining term of the respective leases.  If a tenant vacates its space prior to its contractual expiration date, any unamortized balance of their related intangible asset is recorded in the consolidated statement of income.
Depreciation and Amortization	Depreciation and Amortization
	The Company uses the straight-line method for depreciation and amortization. Real estate investment properties are depreciated over the estimated useful lives of the properties, which range from 30 to 40 years. Property improvements are depreciated over the estimated useful lives that range from 10 to 20 years. Furniture and fixtures are depreciated over the estimated useful lives that range from 3 to 10 years. Tenant improvements are amortized over the shorter of the life of the related leases or their useful life.
Property Held for Sale and Discontinued Operations	Property Held for Sale and Discontinued Operations
	The Company has early adopted FASB Accounting Standards Update No. 2014-08 "Presentation of Financial Statements (ASC Topic 205) and Property, Plant, and Equipment (ASC Topic 360)" (together, "ASU 2014-08"), which change the requirements for reporting discontinued operations in accordance with ASC Topic 205-20.  As a result of this update, beginning in April 2014, the Company no longer classifies individual properties that have been sold or are classified as held for sale as discontinued operations in the consolidated statement of income if the removal, or anticipated removal, of the asset(s) from the reporting entity does not represent a strategic shift that has or will have a major effect on an entity's operations and financial results when disposed of.  ASU 2014-08 requires previously reported assets that qualified for discontinued operations reporting to continue to be reported in that manner.
	In April 2014, the Company reached a decision to actively market for sale one of its properties located in Springfield, MA as that property no longer met the Company's investment objectives.  The property was sold in September 2014 for $31 million and the Company realized a gain on sale of property of $24.3 million.  In accordance with ASU 2014-08, the revenue, expenses and gain on sale of the property are not included in discontinued operations.  The net book value of the Springfield asset at October 31, 2013 was insignificant to the financial statement presentation and as a result the Company did not include the asset as held for sale in accordance with ASC 360-10-45.
	The operating results of the Springfield property which are included in the continuing operations were as follows (amounts in thousands):
			For Year Ended
			October 31,
			2014				2013			2012
	Revenues		$	3,805			$	4,239		$	4,185
	Property operating expense			(1,780	)			(1,764	)		(1,524	)
	Depreciation and amortization			(341	)			(653	)		(645	)
	Net Income		$	1,684			$	1,822		$	2,016
	In December 2013, prior to the adoption of ASU 2014-08, the Company sold its two distribution service facilities in its non-core portfolio and one core property for $18.1 million, resulting in a gain on sale of properties of $12.5 million.  In accordance with ASC 360 and 205 the operating results of the distribution service facilities are shown as discontinued operations on the consolidated statements of income for fiscal years ended October 31, 2014, 2013 and 2012.  The operating results of the other property were insignificant to financial statement presentation and are not shown as discontinued operations.  The net book value of the two distribution service facilities and the one core property at October 31, 2013 are insignificant to the financial statement presentation and as a result the Company will not include the assets as held for sale in accordance with ASC 360-10-45.
	The combined operating results for the distribution service facilities have been reclassified as discontinued operations in the accompanying consolidated statements of income.  The following table summarizes revenues and expenses for the Company's discontinued operations (amounts in thousands):
			For The Year Ended
			October 31,
			2014				2013			2012
	Revenues		$	141			$	1,356		$	1,565
	Property operating expense			-				-			(3	)
	Depreciation and amortization			-				(48	)		(84	)
	Income from discontinued operations		$	141			$	1,308		$	1,478
	Cash flows from discontinued operations for the fiscal years ended October 31, 2014, 2013 and 2012 are combined with the cash flows from operations within each of the three categories presented.  Cash flows from discontinued operations are as follows (amounts in thousands):
			For The Year Ended
			October 31,
			2014				2013			2012
	Cash flows from operating activities		$	(13,131	)		$	1,356		$	1,562
	Cash flows from investing activities		$	14,314			$	-		$	-
	Cash flows from financing activities		$	-			$	-		$	-
Deferred Charges	Deferred Charges
	Deferred charges consist principally of leasing commissions (which are amortized ratably over the life of the tenant leases) and financing fees (which are amortized over the terms of the respective agreements). Deferred charges in the accompanying consolidated balance sheets are shown at cost, net of accumulated amortization of $2,703,000 and $3,043,000 as of October 31, 2014 and 2013, respectively.
Asset Impairment	Asset Impairment
	On a periodic basis, management assesses whether there are any indicators that the value of its real estate investments may be impaired.  A property value is considered impaired when management's estimate of current and projected operating cash flows (undiscounted and without interest) of the property over its remaining useful life is less than the net carrying value of the property.  Such cash flow projections consider factors such as expected future operating income, trends and prospects, as well as the effects of demand, competition and other factors.  To the extent impairment has occurred, the loss is measured as the excess of the net carrying amount of the property over the fair value of the asset.  Changes in estimated future cash flows due to changes in the Company's plans or market and economic conditions could result in recognition of impairment losses which could be substantial.  Management does not believe that the value of any of its real estate investments is impaired at October 31, 2014.
Revenue Recognition	Revenue Recognition
	Revenues from operating leases include revenues from core properties and non-core properties. Rental income is generally recognized based on the terms of leases entered into with tenants. In those instances in which the Company funds tenant improvements and the improvements are deemed to be owned by the Company, revenue recognition will commence when the improvements are substantially completed and possession or control of the space is turned over to the tenant. When the Company determines that the tenant allowances are lease incentives, the Company commences revenue recognition when possession or control of the space is turned over to the tenant for tenant work to begin. Minimum rental income from leases with scheduled rent increases is recognized on a straight-line basis over the lease term. At October 31, 2014 and 2013, approximately $13,368,000 and $13,719,000, respectively, has been recognized as straight-line rents receivable (representing the current net cumulative rents recognized prior to when billed and collectible as provided by the terms of the leases), all of which is included in tenant receivables in the accompanying consolidated financial statements. Percentage rent is recognized when a specific tenant's sales breakpoint is achieved. Property operating expense recoveries from tenants of common area maintenance, real estate taxes and other recoverable costs are recognized in the period the related expenses are incurred. Lease incentives are amortized as a reduction of rental revenue over the respective tenant lease terms. Lease termination amounts are recognized in operating revenues when there is a signed termination agreement, all of the conditions of the agreement have been met, the tenant is no longer occupying the property and the termination consideration is probable of collection. Lease termination amounts are paid by tenants who want to terminate their lease obligations before the end of the contractual term of the lease by agreement with the Company. There is no way of predicting or forecasting the timing or amounts of future lease termination fees. Interest income is recognized as it is earned. Gains or losses on disposition of properties are recorded when the criteria for recognizing such gains or losses under GAAP have been met.
	The Company provides an allowance for doubtful accounts against the portion of tenant receivables (including an allowance for future tenant credit losses of approximately 10% of the deferred straight-line rents receivable) which is estimated to be uncollectible. Such allowances are reviewed periodically. At October 31, 2014 and 2013, tenant receivables in the accompanying consolidated balance sheets are shown net of allowances for doubtful accounts of $3,106,000 and $3,604,000, respectively.
Cash Equivalents	Cash Equivalents
	Cash and cash equivalents consist of cash in banks and short-term investments with original maturities of less than three months.
Restricted Cash	Restricted Cash
	Restricted cash consists of those tenant security deposits and replacement and other reserves required by agreement with certain of the Company's mortgage lenders for property level capital requirements that are required to be held in separate bank accounts.
Derivative Financial Instruments	Derivative Financial Instruments
	The Company occasionally utilizes derivative financial instruments, such as interest rate swaps, to manage its exposure to fluctuations in interest rates. The Company has established policies and procedures for risk assessment and the approval, reporting and monitoring of derivative financial instruments. Derivative financial instruments must be effective in reducing the Company's interest rate risk exposure in order to qualify for hedge accounting. When the terms of an underlying transaction are modified, or when the underlying hedged item ceases to exist, all changes in the fair value of the instrument are marked-to-market with changes in value included in net income for each period until the derivative instrument matures or is settled. Any derivative instrument used for risk management that does not meet the hedging criteria is marked-to-market with the changes in value included in net income. The Company has not entered into, and does not plan to enter into, derivative financial instruments for trading or speculative purposes. Additionally, the Company has a policy of entering into derivative contracts only with major financial institutions.
	As of October 31, 2014, the Company believes it has no significant risk associated with non-performance of the financial institutions that are the counterparty to its derivative contracts. At October 31, 2014, the Company had approximately $19.7 million in secured mortgage financings subject to interest rate swaps. Such interest rate swaps converted the LIBOR-based variable rates on the mortgage financings to a fixed annual rate of 3.99% per annum.  As of October 31, 2014, the Company had a deferred asset of  $63,000 (included in prepaid expenses and other assets on the consolidated balance sheets) relating to the fair value of the Company's interest rate swaps applicable to secured mortgages.  Charges and/or credits relating to the changes in fair values of such interest rate swaps are made to other comprehensive income as the swap is deemed effective and is classified as a cash flow hedge.  There were no significant amounts recorded in the Company's financial statements for the above swaps in either fiscal 2014 or fiscal 2013.
Comprehensive Income	Comprehensive Income
	Comprehensive income is comprised of net income applicable to Common and Class A Common stockholders and other comprehensive income (loss). Other comprehensive income (loss) includes items that are otherwise recorded directly in stockholders' equity, such as unrealized gains or losses on marketable securities and unrealized gains and losses on interest rate swaps designated as cash flow hedges. At October 31, 2014, accumulated other comprehensive income (loss) consisted of net unrealized gains on interest rate swap agreements of approximately $63,000. At October 31, 2013, accumulated other comprehensive income (loss) consisted of net unrealized losses on marketable securities of approximately $19,000 and net unrealized gains on an interest rate swap agreement of approximately $81,000. Unrealized gains and losses included in other comprehensive income (loss) will be reclassified into earnings as gains and losses are realized.
Concentration of Credit Risk	Concentration of Credit Risk
	Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents, and tenant receivables. The Company places its cash and cash equivalents in excess of insured amounts with high quality financial institutions. The Company performs ongoing credit evaluations of its tenants and may require certain tenants to provide security deposits or letters of credit. Though these security deposits and letters of credit are insufficient to meet the terminal value of a tenant's lease obligation, they are a measure of good faith and a source of funds to offset the economic costs associated with lost rent and the costs associated with re-tenanting the space. There is no dependence upon any single tenant.
Earnings Per Share	Earnings Per Share
	The Company calculates basic and diluted earnings per share in accordance with the provisions of ASC Topic 260, "Earnings Per Share." Basic earnings per share ("EPS") excludes the impact of dilutive shares and is computed by dividing net income applicable to Common and Class A Common stockholders by the weighted average number of Common shares and Class A Common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue Common shares or Class A Common shares were exercised or converted into Common shares or Class A Common shares and then shared in the earnings of the Company. Since the cash dividends declared on the Company's Class A Common stock are higher than the dividends declared on the Common Stock, basic and diluted EPS have been calculated using the "two-class" method. The two-class method is an earnings allocation formula that determines earnings per share for each class of common stock according to the weighted average of the dividends declared, outstanding shares per class and participation rights in undistributed earnings.
	The following table sets forth the reconciliation between basic and diluted EPS (in thousands):
		Year Ended October 31,
		2014			2013			2012
	Numerator
	Net income applicable to common stockholders – basic	$	11,401		$	2,409		$	3,166
	Effect of dilutive securities:
	Stock awards		723			182			236
	Net income applicable to common stockholders – diluted	$	12,124		$	2,591		$	3,402
	Denominator
	Denominator for basic EPS-weighted average common shares		7,801			7,543			7,370
	Effect of dilutive securities:
	Restricted stock and other awards		735			840			834
	Denominator for diluted EPS – weighted average common equivalent shares		8,536			8,383			8,204
	Numerator
	Net income applicable to Class A common stockholders – basic	$	38,068		$	8,204		$	9,800
	Effect of dilutive securities:
	Stock awards		-723			-182			-236
	Net income applicable to Class A common stockholders – diluted	$	37,345		$	8,022		$	9,564
	Denominator
	Denominator for basic EPS – weighted average Class A common shares		23,208			23,122			20,740
	Effect of dilutive securities:
	Restricted stock and other awards		219			235			224
	Denominator for diluted EPS – weighted average Class A common
	equivalent shares		23,427			23,357			20,964
Stock-Based Compensation	Stock-Based Compensation
	The Company accounts for its stock-based compensation plans under the provisions of ASC Topic 718, "Stock Compensation," which requires that compensation expense be recognized based on the fair value of the stock awards less estimated forfeitures. The fair value of stock awards is equal to the fair value of the Company's stock on the grant date.
Segment Reporting	Segment Reporting
	The Company operates in one industry segment, ownership of commercial real estate properties, which are located principally in the northeastern United States. The Company does not distinguish its property operations for purposes of measuring performance. Accordingly, the Company believes it has a single reportable segment for disclosure purposes.
Reclassifications	Reclassification
	Certain fiscal 2012 and 2013 amounts have been reclassified to conform to current period presentation.
New Accounting Standards	New Accounting Standards
	In April 2014, FASB issued ASU 2014-08 which changes the requirements for reporting discontinued operations in ASC Subtopic 205-20.  This pronouncement has been early adopted by the Company in the second quarter of fiscal 2014 and as a result the Company has not included a property that sold in the fourth quarter of fiscal 2014 as discontinued operations.
	In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers (Topic 606)" ("ASU 2014-09"). The objective of ASU 2014-09 is to establish a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and will supersede most of the existing revenue recognition guidance, including industry-specific guidance. The core principle is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In applying ASU 2014-09, companies will perform a five-step analysis of transactions to determine when and how revenue is recognized. ASU 2014-09 applies to all contracts with customers except those that are within the scope of other topics in the FASB's ASC. ASU 2014-09 is effective for annual reporting periods (including interim periods within that reporting period) beginning after December 15, 2016 and shall be applied using either a full retrospective or modified retrospective approach. Early application is not permitted. The Company is currently assessing the potential impact that the adoption of ASU 2014-09 will have on its consolidated financial statements.
	The Company has evaluated all other new Accounting Standards Updates issued by FASB and has concluded that these updates do not have a material effect on the Company's consolidated financial statements as of October 31, 2014.

CONSOLIDATED_JOINT_VENTURES_AN1

CONSOLIDATED JOINT VENTURES AND REDEEMABLE NONCONTROLLING INTERESTS (Policies)	12 Months Ended
	Oct. 31, 2014
CONSOLIDATED JOINT VENTURES AND REDEEMABLE NONCONTROLLING INTERESTS [Abstract]
Non-controlling Interests	Noncontrolling interests:
	The Company accounts for non-controlling interests in accordance with ASC Topic 810, "Consolidation". Because the limited partners or non-controlling members in Ironbound, Orangeburg and McLean Plaza have the right to require the Company to redeem all or a part of their limited partnership or limited liability company units at prices as defined in the governing agreements, the Company reports the noncontrolling interests in the consolidated joint ventures in the mezzanine section, outside of permanent equity, of the consolidated balance sheets at redemption value which approximates fair value. The value of the Orangeburg redemption is based solely on the price of the Company's Class A Common stock on the date of redemption. For the years ended October 31, 2014 and 2013, the Company adjusted the carrying value of the non-controlling interests by $887,000 and $422,000, respectively, with the corresponding adjustment recorded in stockholders' equity.
	The following table sets forth the details of the Company's redeemable non-controlling interests at October 31, 2014 and 2013: (amounts in thousands)

ORGANIZATION_BASIS_OF_PRESENTA2

ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Oct. 31, 2014
ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Operating results for discontinued operations	The operating results of the Springfield property which are included in the continuing operations were as follows (amounts in thousands):
			For Year Ended
			October 31,
			2014				2013			2012
	Revenues		$	3,805			$	4,239		$	4,185
	Property operating expense			(1,780	)			(1,764	)		(1,524	)
	Depreciation and amortization			(341	)			(653	)		(645	)
	Net Income		$	1,684			$	1,822		$	2,016
	The combined operating results for the distribution service facilities have been reclassified as discontinued operations in the accompanying consolidated statements of income.  The following table summarizes revenues and expenses for the Company's discontinued operations (amounts in thousands):
			For The Year Ended
			October 31,
			2014				2013			2012
	Revenues		$	141			$	1,356		$	1,565
	Property operating expense			-				-			(3	)
	Depreciation and amortization			-				(48	)		(84	)
	Income from discontinued operations		$	141			$	1,308		$	1,478
	Cash flows from discontinued operations for the fiscal years ended October 31, 2014, 2013 and 2012 are combined with the cash flows from operations within each of the three categories presented.  Cash flows from discontinued operations are as follows (amounts in thousands):
			For The Year Ended
			October 31,
			2014				2013			2012
	Cash flows from operating activities		$	(13,131	)		$	1,356		$	1,562
	Cash flows from investing activities		$	14,314			$	-		$	-
	Cash flows from financing activities		$	-			$	-		$	-
Reconciliation between basic and diluted EPS	The following table sets forth the reconciliation between basic and diluted EPS (in thousands):
		Year Ended October 31,
		2014			2013			2012
	Numerator
	Net income applicable to common stockholders – basic	$	11,401		$	2,409		$	3,166
	Effect of dilutive securities:
	Stock awards		723			182			236
	Net income applicable to common stockholders – diluted	$	12,124		$	2,591		$	3,402
	Denominator
	Denominator for basic EPS-weighted average common shares		7,801			7,543			7,370
	Effect of dilutive securities:
	Restricted stock and other awards		735			840			834
	Denominator for diluted EPS – weighted average common equivalent shares		8,536			8,383			8,204
	Numerator
	Net income applicable to Class A common stockholders – basic	$	38,068		$	8,204		$	9,800
	Effect of dilutive securities:
	Stock awards		-723			-182			-236
	Net income applicable to Class A common stockholders – diluted	$	37,345		$	8,022		$	9,564
	Denominator
	Denominator for basic EPS – weighted average Class A common shares		23,208			23,122			20,740
	Effect of dilutive securities:
	Restricted stock and other awards		219			235			224
	Denominator for diluted EPS – weighted average Class A common
	equivalent shares		23,427			23,357			20,964

REAL_ESTATE_INVESTMENTS_Tables

REAL ESTATE INVESTMENTS (Tables)	12 Months Ended
	Oct. 31, 2014
Real Estate Investments:
Investments in real estate, net of depreciation	The Company's investments in real estate, net of depreciation, were composed of the following at October 31, 2014 and 2013 (in thousands):
			Core Properties				Unconsolidated Joint Venture		2014		2013
									Totals		Totals
	Retail		$	655,848			$	39,213	$	695,061	$	594,267
	Office			13,269				-		13,269		13,521
	Industrial			-				-		-		531
			$	669,117			$	39,213	$	708,330	$	608,319
Real estate investment by geographical area	The Company's investments at October 31, 2014 consisted of equity interests in 70 properties, which are located in various regions throughout the northeastern part of the United States with a concentration in the metropolitan New York tri-state area outside of the City of New York. The Company's primary investment focus is neighborhood and community shopping centers located in the region just described. These properties are considered core properties of the Company. The Company sold its two distribution service facilities in fiscal 2014 which were considered non-core properties.  Since a significant concentration of the Company's properties are in the northeast, market changes in this region could have an effect on the Company's leasing efforts and ultimately its overall results of operations. The following is a summary of the geographic locations of the Company's investments at October 31, 2014 and 2013 (in thousands):
		2014			2013
	Northeast	$	708,330		$	607,788
	Midwest		-			288
	Southwest		-			243
		$	708,330		$	608,319

CORE_PROPERTIES_Tables

CORE PROPERTIES (Tables)	12 Months Ended
	Oct. 31, 2014
CORE PROPERTIES [Abstract]
Components of core properties	The components of the core properties consolidated in the financial statements are as follows (in thousands):
		2014		2013
	Land	$	153,346	$	134,466
	Buildings and improvements		676,958		597,098
			830,304		731,564
	Accumulated depreciation		-161,187		-155,208
		$	669,117	$	576,356

MORTGAGE_NOTES_PAYABLE_BANK_LI1

MORTGAGE NOTES PAYABLE, BANK LINES OF CREDIT AND OTHER LOANS (Tables)	12 Months Ended
	Oct. 31, 2014
MORTGAGE NOTES PAYABLE AND BANK LINES OF CREDIT AND OTHER LOANS [Abstract]
Combined aggregate principal maturities of mortgage notes payable	Combined aggregate principal maturities of mortgage notes payable during the next five years and thereafter are as follows (in thousands):
			Principal		Scheduled
			Repayments		Amortization		Total
	2015	$	7,253	$	4,591	$	11,844
	2016		14,684		4,597		19,281
	2017		49,524		4,253		53,777
	2018		-		3,178		3,178
	2019		26,879		2,840		29,719
	Thereafter		78,565		8,783		87,348
		$	176,905	$	28,242	$	205,147

CONSOLIDATED_JOINT_VENTURES_AN2

CONSOLIDATED JOINT VENTURES AND REDEEMABLE NONCONTROLLING INTERESTS (Tables)	12 Months Ended
	Oct. 31, 2014
CONSOLIDATED JOINT VENTURES AND REDEEMABLE NONCONTROLLING INTERESTS [Abstract]
Redeemable non-controlling interests		October 31,		October 31,
		2014		2013
	Beginning Balance	$	11,843	$	11,421
	Initial McLean Plaza Noncontrolling Interest		6,134		-
	Change in Redemption Value		887		422
	Ending Balance	$	18,864	$	11,843

INVESTMENTS_IN_AND_ADVANCES_TO1

INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED JOINT VENTURES (Tables)	12 Months Ended
	Oct. 31, 2014
INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED JOINT VENTURES [Abstract]
Investments in and advances to unconsolidated joint ventures	At October 31, 2014 and 2013, investments in and advances to unconsolidated joint ventures consisted of the following (with the Company's ownership percentage in parentheses) (amounts in thousands):
		31-Oct-14		31-Oct-13
	Chestnut Ridge and Plaza 59 Shopping Centers (50.0%)	$	18,380	$	18,277
	Gateway Plaza (50% in 2014 and 0% in 2013)		7,069		-
	Midway Shopping Center, L.P. (11.642%)		5,322		5,668
	Putnam Plaza Shopping Center (66.67%)		6,525		6,764
	Applebee's at Riverhead (50% in 2014 and 0% in 2013)		1,194		-
	81 Pondfield Road Company (20%)		723		723
	Total	$	39,213	$	31,432

STOCK_COMPENSATION_AND_OTHER_B1

STOCK COMPENSATION AND OTHER BENEFIT PLANS (Tables)	12 Months Ended
	Oct. 31, 2014
STOCK COMPENSATION AND OTHER BENEFIT PLANS [Abstract]
Non-vested Common and Class A Common shares	A summary of the status of the Company's non-vested restricted stock awards as of October 31, 2014, and changes during the year ended October 31, 2014 are presented below:
		Common Shares					Class A Common Shares
		Shares			Weighted-Average Grant Date Fair Value		Shares			Weighted-Average Grant Date Fair Value
	Non-vested at October 31, 2013		1,479,700		$	15.88		404,150		$	17.39
	Granted		152,000		$	15.6		80,500		$	18.32
	Vested		(250,900	)	$	13.88		(78,400	)	$	15.18
	Forfeited		-		$	-		(6,300	)	$	18.48
	Non-vested at October 31, 2014		1,380,800		$	16.21		399,950		$	18.01

FAIR_VALUE_MEASUREMENTS_Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Oct. 31, 2014
FAIR VALUE MEASUREMENTS [Abstract]
Fair value of financial assets and liabilities				Fair Value Measurements at Reporting Date Using
		Total		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
				(Level 1)		(Level 2)		(Level 3)
	Fiscal Year Ended October 31, 2014
	Assets:
	Interest Rate Swap Agreement	$	63	$	-	$	63	$	-
	Liabilities:
	Redeemable noncontrolling interests	$	18,864	$	9,802	$	-	$	9,062
	Fiscal Year Ended October 31, 2013
	Assets:
	Interest Rate Swap Agreement	$	81	$	-	$	81	$	-
	Liabilities:
	Redeemable noncontrolling interests	$	11,843	$	8,946	$	-	$	2,897

PRO_FORMA_FINANCIAL_INFORMATIO1

PRO FORMA FINANCIAL INFORMATION (UNAUDITED) (Tables)	12 Months Ended
	Oct. 31, 2014
PRO FORMA FINANCIAL INFORMATION (UNAUDITED) [Abstract]
Business Acquisition Pro Forma Information [Table Text Block]	The pro forma financial information is presented for informational purposes only and may not be indicative of what the actual results of operations would have been had the transactions occurred as of the beginning of that year nor does it purport to represent the results of future operations (amounts in thousands).
		Year Ended October 31,
		2014		2013
	Pro forma revenues	$	117,136	$	116,494
	Pro forma income from continuing operations	$	56,972	$	34,971
	Pro forma income from continuing operations applicable to Common and Class A Common stockholders:	$	40,446	$	14,934
Revenue and earnings of acquiree included in consolidated income [Table Text Block]	The following table summarizes the revenues and income from continuing operations that is included in the Company's historical consolidated statement of income for the year ended October 31, 2014 for the properties acquired in fiscal 2014 as more fully described in note 3 (amounts in thousands).
	Revenues	$	4,163
	Income from continuing operations	$	811

QUARTERLY_RESULTS_OF_OPERATION1

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Tables)	12 Months Ended
	Oct. 31, 2014
QUARTERLY RESULTS OF OPERATIONS [Abstract]
Quarterly Financial Information		Year Ended October 31, 2014												Year Ended October 31, 2013
		Quarter Ended												Quarter Ended
		31-Jan			30-Apr			31-Jul			31-Oct			31-Jan			30-Apr			31-Jul			31-Oct
	Revenues	$	25,195		$	25,952		$	24,955		$	26,226		$	23,737		$	22,834		$	23,613		$	24,061
	Income from continuing operations	$	6,621		$	6,482		$	7,494		$	32,494		$	6,814		$	7,173		$	7,840		$	7,278
	Net Income Attributable to Urstadt Biddle Properties Inc.	$	6,465		$	6,334		$	7,343		$	32,342		$	7,014		$	7,421		$	7,915		$	7,445
	Preferred Stock Dividends		(3,453	)		(3,453	)		(3,453	)		(3,453	)		(3,961	)		(3,929	)		(3,606	)		(3,453	)
	Redemption of Preferred Stock		-			-			-			(1,870	)		(3,759	)		(406	)		(68	)		-
	Net Income Applicable to Common and Class A Common Stockholders	$	3,012		$	2,881		$	3,890		$	27,019		$	(706	)	$	3,086		$	4,241		$	3,992
	Per Share Data:
	Net income from continuing operations - Basic:
	Class A Common Stock	$	0.1		$	0.1		$	0.13		$	0.9		$	(0.04	)	$	0.09		$	0.13		$	0.12
	Common Stock	$	0.09		$	0.09		$	0.11		$	0.8		$	(0.03	)	$	0.08		$	0.12		$	0.11
	Net income from continuing operations - Diluted:
	Class A Common Stock	$	0.1		$	0.09		$	0.12		$	0.87		$	(0.04	)	$	0.09		$	0.13		$	0.12
	Common Stock	$	0.09		$	0.08		$	0.11		$	0.77		$	(0.03	)	$	0.08		$	0.11		$	0.11
	Amounts may not equal previously reported results due to reclassification between income from continuing operations and income from discontinued operations.
	Amounts may not equal full year results due to rounding.

ORGANIZATION_BASIS_OF_PRESENTA3

ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)	3 Months Ended								12 Months Ended
Share data in Thousands, unless otherwise specified	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2013	Jul. 31, 2013	Apr. 30, 2013	Jan. 31, 2013	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
	Property								Segment
	sqft								Property
									sqft
ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Number of properties the Company owned or had equity interest in	70								70
Gross Leasable Area of properties the Company owned or had equity interest in (in square feet)	4,800,000								4,800,000
Revenues from continued operations held for sale									$3,805,000	$4,239,000	$4,185,000
Operating expenses of properties held for sale included in continuing operations									-1,780,000	-1,764,000	-1,524,000
Depreciation and amortization from properties held for sale included in continuing operations									-341,000	-653,000	-645,000
Net income of held for sale property included in continuing operations									1,684,000	1,822,000	2,016,000
Number of non-core real estate properties sold									2
Number of core properties sold									1
Gain Loss On Disposal group included in continuing operations									24,300,000
number of disposal group sold qualifying as continuing operations									1
Sale price of property sold included in continuing operations									31,000,000
Sale price of property sold									12,500,000
Gain on sale of properties									18,100,000	0	0
Revenues									141,000	1,356,000	1,565,000
Property operating expense									0	0	-3,000
Depreciation and amortization									0	-48,000	-84,000
Income from discontinued operations									141,000	1,308,000	1,478,000
Cash flows from operating activities									-12,384,000	1,356,000	1,562,000
Cash flows from investing activities									17,313,000	0	0
Cash flows from financing activities									0	0	0
Minimum real estate trust taxable income required to be distributed for REIT to be nontaxable (in hundredths)									90.00%
Tax years remaining open to examination by Internal Revenue Service									2011 through and including 2013
Deferred Charges [Abstract]
Accumulated amortization of deferred charges	2,703,000				3,043,000				2,703,000	3,043,000
Revenue Recognition [Abstract]
Rents receivable	13,368,000				13,719,000				13,368,000	13,719,000
Allowance of doubtful accounts against tenants receivables, percentage of deferred straight-line rents receivable (in hundredths)	10.00%								10.00%
Tenants receivable, allowance for doubtful accounts	3,106,000				3,604,000				3,106,000	3,604,000
Provision for uncollectible tenants receivable									917,000	958,000	665,000
Marketable Securities [Abstract]
Payments to Acquire REIT Preferred Fixed Income Securities										27,000,000
Gain on sale of investment securities									18,100,000	0	0
Purchase cost of shares sold					378,000					378,000
Derivative Financial Instruments [Abstract]
Mortgage loans subject to interst rate swap	19,700,000								19,700,000
Total fixed interest rate (in hundredths)	3.99%								3.99%
Accrued liabilities relating to fair value of Company's interest rate swap	63,000				0				63,000	0	0
Comprehensive income [Abstract]
Net unrealized losses on marketable securities included in accumulated other comprehensive income	0				19,000				0	19,000
Net unrealized losses on an interest rate swap agreement included in accumulated other comprehensive income	63,000				81,000				63,000	81,000
Earnings Per Share, by Common Class, Including Two Class Method [Line Items]
Net income applicable to common stockholders - basic	27,019,000	3,890,000	2,881,000	3,012,000	3,992,000	4,241,000	3,086,000	-706,000	49,469,000	10,613,000	12,966,000
Segment Reporting [Abstract]
Number of operating industry segments									1
Class A Common Stock [Member]
Earnings Per Share, by Common Class, Including Two Class Method [Line Items]
Net income applicable to common stockholders - basic									38,068,000	8,204,000	9,800,000
Stock awards									-723,000	-182,000	-236,000
Net income applicable to common stockholders - diluted									37,345,000	8,022,000	9,564,000
Denominator for basic EPS - weighted average common shares (in shares)									23,208	23,122	20,740
Restricted stock awards (in shares)									219	235	224
Denominator for diluted EPS - weighted average common equivalent shares (in shares)									23,427	23,357	20,964
Common Stock [Member]
Earnings Per Share, by Common Class, Including Two Class Method [Line Items]
Net income applicable to common stockholders - basic									11,401,000	2,409,000	3,166,000
Stock awards									723,000	182,000	236,000
Net income applicable to common stockholders - diluted									$12,124,000	$2,591,000	$3,402,000
Denominator for basic EPS - weighted average common shares (in shares)									7,801	7,543	7,370
Restricted stock awards (in shares)									735	840	834
Denominator for diluted EPS - weighted average common equivalent shares (in shares)									8,536	8,383	8,204
Core and Non-core Properties [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life									30 years
Core and Non-core Properties [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life									40 years
Property Improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life									10 years
Property Improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life									20 years
Furniture and Fixtures [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life									3 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life									10 years
Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life									shorter of the life of the related leases or their useful life
Tenant Improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life									5 years
Tenant Improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life									20 years

REAL_ESTATE_INVESTMENTS_Detail

REAL ESTATE INVESTMENTS (Details) (USD $)	Oct. 31, 2014	Oct. 31, 2013
In Thousands, unless otherwise specified	Property
Schedule of Investments [Line Items]
Properties owned or have equity interests	70
Real estate investments	$708,330	$608,319
Northeast [Member]
Schedule of Investments [Line Items]
Real estate investments	708,330	607,788
Midwest [Member]
Schedule of Investments [Line Items]
Real estate investments	0	288
Southwest [Member]
Schedule of Investments [Line Items]
Real estate investments	0	243
Retail [Member]
Schedule of Investments [Line Items]
Real estate investments	695,061	594,267
Office [Member]
Schedule of Investments [Line Items]
Real estate investments	13,269	13,521
Industrial [Member]
Schedule of Investments [Line Items]
Real estate investments	0	531
Core Properties [Member]
Schedule of Investments [Line Items]
Real estate investments	669,117
Core Properties [Member] | Retail [Member]
Schedule of Investments [Line Items]
Real estate investments	655,848
Core Properties [Member] | Office [Member]
Schedule of Investments [Line Items]
Real estate investments	13,269
Core Properties [Member] | Industrial [Member]
Schedule of Investments [Line Items]
Real estate investments	0
Unconsolidated Joint Venture [Member]
Schedule of Investments [Line Items]
Real estate investments	39,213
Unconsolidated Joint Venture [Member] | Retail [Member]
Schedule of Investments [Line Items]
Real estate investments	39,213
Unconsolidated Joint Venture [Member] | Office [Member]
Schedule of Investments [Line Items]
Real estate investments	0
Unconsolidated Joint Venture [Member] | Industrial [Member]
Schedule of Investments [Line Items]
Real estate investments	$0

CORE_PROPERTIES_Details

CORE PROPERTIES (Details) (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
	Property
Business Acquisition [Line Items]
Interest percentage in property acquired (in hundredths)	100.00%
Acquisition related costs	$666,000	$857,000	$296,000
Number of non-core real estate properties sold	2
Condemnation and easement award		2,700,000	2,000,000
Award attributable to parent company		4,270,000
Remaining balance of original condemnation easement payment		1,800,000
Amortization period, gain		6 years 9 months	10 years
Remaining balance of additional condemnation easement payment		2,460,000
Gain on easement condemnation		213,000
Amortization of above-market and below-market leases	410,000	419,000	515,000
Capital improvements to properties and leasing costs	19,300,000
Acquisition 1 [Member]
Business Acquisition [Line Items]
Purchase price or contract price	124,600,000
Interest percentage in property acquired (in hundredths)	100.00%
Area of real estate property acquired	375,000
Number of properties acquired	4
Deposit placed with lender	2,500,000
Acquisition 2 [Member]
Business Acquisition [Line Items]
Purchase price or contract price	47,400,000
Acquisition related costs	127,000
Area of real estate property acquired	88,000
Number of properties acquired	2
Acquisition 3 [Member]
Business Acquisition [Line Items]
Purchase price or contract price	9,000,000
Acquisition related costs	88,000
Area of real estate property acquired	31,000
Increase (Decrease) in Fair Value Adjustments on Other Assets (Liabilities) Carried at Fair Value under Fair Value Option	92,000
Acquisition 4 [Member]
Business Acquisition [Line Items]
Purchase price or contract price	18,400,000
Interest percentage in property acquired (in hundredths)	100.00%
Acquisition related costs	225,000
Area of real estate property acquired	63,000
First mortgage secured by property	7,800,000
Interest rate on mortgage secured by property (in hundredths)	4.20%
Increase (Decrease) in Fair Value Adjustments on Other Assets (Liabilities) Carried at Fair Value under Fair Value Option	71,000
Debt Instrument, Maturity Date	30-Sep-22
Acquisition 5 [Member]
Business Acquisition [Line Items]
Purchase price or contract price	11,000,000
Acquisition related costs	123,000
Area of real estate property acquired	56,000
Existing mortgage on property acquired	7,700,000
Increase (Decrease) in Fair Value Adjustments on Other Assets (Liabilities) Carried at Fair Value under Fair Value Option	901,000
Debt Instrument, Maturity Date	31-Aug-16
Adjusted fixed rate (in hundredths)	5.50%
Acquisition 6 [Member]
Business Acquisition [Line Items]
Purchase price or contract price	18,000,000
Interest percentage in property acquired (in hundredths)	100.00%
Acquisition related costs	78,000
Area of real estate property acquired	24,000
First mortgage secured by property	8,300,000
Interest rate on mortgage secured by property (in hundredths)	4.00%
Increase (Decrease) in Fair Value Adjustments on Other Assets (Liabilities) Carried at Fair Value under Fair Value Option	234,000
Debt Instrument, Maturity Date	31-Aug-16
Number of properties acquired	2
Acquisition 7 [Member]
Business Acquisition [Line Items]
Purchase price or contract price	34,900,000
Interest percentage in property acquired (in hundredths)	100.00%
Acquisition related costs	227,000
Area of real estate property acquired	107,000
First mortgage secured by property	21,300,000
Interest rate on mortgage secured by property (in hundredths)	4.00%
Debt Instrument, Maturity Date	31-Jan-22
Acquisition 8 [Member]
Business Acquisition [Line Items]
Purchase price or contract price	7,800,000
Interest percentage in property acquired (in hundredths)	100.00%
Acquisition related costs	73,000
Area of real estate property acquired	20,200
Increase (Decrease) in Fair Value Adjustments on Other Assets (Liabilities) Carried at Fair Value under Fair Value Option	402,000
Number of properties acquired	6
Acquisition 9 [Member]
Business Acquisition [Line Items]
Purchase price or contract price	6,500,000
Interest percentage in property acquired (in hundredths)	100.00%
Acquisition related costs	103,000
Number of buildings acquired	2
Area of real estate property acquired	23,500
Increase (Decrease) in Fair Value Adjustments on Other Assets (Liabilities) Carried at Fair Value under Fair Value Option	291,000
Acquisition 10 [Member]
Business Acquisition [Line Items]
Purchase price or contract price	9,000,000
Acquisition related costs	33,000
First mortgage secured by property	3,600,000
Increase (Decrease) in Fair Value Adjustments on Other Assets (Liabilities) Carried at Fair Value under Fair Value Option	392,000
Debt Instrument, Maturity Date	30-Apr-12
Acquisition 14 [Member]
Business Acquisition [Line Items]
Increase (Decrease) in Fair Value Adjustments on Other Assets (Liabilities) Carried at Fair Value under Fair Value Option	396,000
Core Properties [Member]
Property, Plant and Equipment [Line Items]
Gross properties	830,304,000	731,564,000
Accumulated depreciation	-161,187,000	-155,208,000
Properties, net	669,117,000	576,356,000
Rental payments on non-cancelable operating leases [Abstract]
Minimum rental payments on non-cancelable operating leases in the consolidated core properties	436,961,000
2015	71,102,000
2016	64,496,000
2017	57,764,000
2018	46,636,000
2019	39,362,000
Thereafter	157,601,000
Maximum additional rent as a percentage of consolidated revenues (in hundredths)	1.00%	1.00%
Land [Member] | Core Properties [Member]
Property, Plant and Equipment [Line Items]
Gross properties	153,346,000	134,466,000
Buildings and Improvements [Member] | Core Properties [Member]
Property, Plant and Equipment [Line Items]
Gross properties	$676,958,000	$597,098,000

MORTGAGE_NOTES_PAYABLE_BANK_LI2

MORTGAGE NOTES PAYABLE, BANK LINES OF CREDIT AND OTHER LOANS (Details) (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Debt Instrument [Line Items]
Minimum effective interest rate (in hundredths)	2.80%
Maximum effective interest rate (in hundredths)	11.30%
Real estate investments held as collateral	$333,000,000
Principal Repayments [Abstract]
2014	7,253,000
2015	14,684,000
2016	49,524,000
2017	0
2018	26,879,000
Thereafter	78,565,000
Total principal repayments	176,905,000
Scheduled Amortization [Abstract]
2014	4,591,000
2015	4,597,000
2016	4,253,000
2017	3,178,000
2018	2,840,000
Thereafter	8,783,000
Total scheduled amortization	28,242,000
Total [Abstract]
2014	11,844,000
2015	19,281,000
2016	53,777,000
2017	3,178,000
2018	29,719,000
Thereafter	87,348,000
Total principal and scheduled amortization of debt	205,147,000	166,246,000
Interest paid	10,300,000	8,500,000	8,600,000
Real estate pledged as collateral at fair value	333,000,000
BNY, Wells Fargo, Bank of Montreal and Regions Bank [Member] | Unsecured Revolving Credit Agreement [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity	80,000,000
Option, maximum borrowing capacity	125,000,000
Maturity date	21-Sep-16
Number of syndicated banks	4
Optional extension period of credit facility	1 year
Covenant terms	The Company's ability to borrow under the Facility is subject to its compliance with the covenants and other restrictions on an ongoing basis. The principal financial covenants limit the Company's level of secured and unsecured indebtedness and additionally require the Company to maintain certain debt coverage ratios.
Covenant compliance	The Company was in compliance with such covenants at October 31, 2014.
Minimum commitment fee (in hundredths)	0.25%
Maximum commitment fee (in hundredths)	0.35%
Extension period	1
Borrowing on unsecured revolving credit facility used to finance investment	65,100,000
Repayments of borrowings on facility	58,800,000
BNY, Wells Fargo, Bank of Montreal and Regions Bank [Member] | Unsecured Revolving Credit Agreement [Member] | Eurodollar Rate Basis [Member]
Line of Credit Facility [Line Items]
Minimum basis spread on variable interest rate (in hundredths)	1.50%
Maximum basis spread on variable interest rate (in hundredths)	2.00%
BNY, Wells Fargo, Bank of Montreal and Regions Bank [Member] | Unsecured Revolving Credit Agreement [Member] | Prime Rate Basis [Member]
Line of Credit Facility [Line Items]
Basis spread on variable rate (in hundredths)	0.50%
BNY, Wells Fargo, Bank of Montreal and Regions Bank [Member] | Letter of Credit [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity	10,000,000
The Bank of New York Mellon [Member] | Unsecured Term Loan [Member]
Line of Credit Facility [Line Items]
Mortgage Loans on Real Estate, Carrying Amount of Mortgages	25,000,000
Minimum basis spread on variable interest rate (in hundredths)	1.40%
Maximum basis spread on variable interest rate (in hundredths)	1.90%
Interest rate description	Eurodollar rate plus 1.4% to 1.9%
Extension period	6 months
BNY and Wells Fargo Member [Member] | Unsecured Revolving Credit Agreement [Member]
Line of Credit Facility [Line Items]
Borrowing on unsecured revolving credit facility used to finance investment		38,400,000
Repayments of borrowings on facility		40,700,000
Ferry Plaza Shopping Center [Member]
Total [Abstract]
Cost of installation of solar power system			1,700,000
Retail Properties [Member]
Total [Abstract]
Stated interest rate (in hundredths)	4.20%
Loans Payable [Member] | Ferry Plaza Shopping Center [Member]
Total [Abstract]
Maturity date			31-Aug-27
Proceeds from related party debt			1,100,000
Stated interest rate (in hundredths)	11.30%
First Mortgage [Member] | Greenwich Properties [Member]
Total [Abstract]
Maturity date		30-Nov-24
Stated interest rate (in hundredths)		4.07%
First mortgage secured by property		24,500,000
First Mortgage [Member] | New Providence Property [Member]
Total [Abstract]
Maturity date	31-Jan-22
Stated interest rate (in hundredths)		4.00%
First mortgage secured by property		21,300,000
First Mortgage [Member] | Veteran's Plaza Property [Member]
Total [Abstract]
Debt repaid at maturitiy	3,200,000
First Mortgage [Member] | New Milford [Member]
Total [Abstract]
Maturity date			31-Oct-12
Debt repaid at maturitiy			8,300,000
First Mortgage [Member] | Eastchester, NY 2 [Member]
Total [Abstract]
Maturity date			30-Apr-12
First mortgage secured by property		3,600,000
First Mortgage [Member] | Orangeburg NY [Member]
Debt Instrument [Line Items]
Effective interest rate (in hundredths)		2.04%
Total [Abstract]
Maturity date			31-Oct-17
Stated interest rate (in hundredths)		6.19%
Period of extended loan			5 years
Adjusted fixed rate (in hundredths)		2.78%
First mortgage secured by property		7,400,000
First Mortgage [Member] | Post Road Properties [Member]
Total [Abstract]
Maturity date		31-Aug-16
Stated interest rate (in hundredths)		4.00%
First mortgage secured by property		8,300,000
First Mortgage [Member] | Retail Properties [Member]
Total [Abstract]
Maturity date	31-Jan-27
Stated interest rate (in hundredths)	3.85%
First mortgage secured by property	62,700,000
Monthly Mortgage Payment	294,000
Good Faith and Margin Deposits with Broker-Dealers	628,000
First Mortgage [Member] | Boonton [Member]
Total [Abstract]
Maturity date	30-Sep-22
Debt assumed on acquisition	7,800,000
First Mortgage [Member] | Bloomfield [Member]
Total [Abstract]
Maturity date	31-Aug-16
Debt assumed on acquisition	7,700,000
Stated interest rate (in hundredths)	5.50%
First Mortgage [Member] | McLean Plaza Associates [Member]
Total [Abstract]
Maturity date	31-Dec-14
Debt assumed on acquisition	2,800,000
Unsecured Term Loan [Member]
Total [Abstract]
Loan Term	6 months
Refinanced First Mortgage [Member] | Arcadian [Member]
Total [Abstract]
Maturity date	31-Aug-24
Stated interest rate (in hundredths)	4.00%
First mortgage secured by property	16,200,000
Refinanced First Mortgage [Member] | McLean Plaza Associates [Member]
Total [Abstract]
Maturity date	30-Nov-24
Stated interest rate (in hundredths)	3.70%
First mortgage secured by property	5,000,000
Dock Mortgage [Member]
Total [Abstract]
Adjusted fixed rate (in hundredths)		4.85%
First mortgage secured by property		$28,000,000
Loan Term			10 years
Mortgage Amortization Period (in years)			30

CONSOLIDATED_JOINT_VENTURES_AN3

CONSOLIDATED JOINT VENTURES AND REDEEMABLE NONCONTROLLING INTERESTS (Details) (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013
	Property
Business Acquisition [Line Items]
Number of real estate joint venture investments	3
Redeemable non-controlling interests [Abstract]
Increase (decrease) in carrying value of noncontrolling interest	$887,000	$422,000
Beginning Balance	11,843,000	11,421,000
Initial McLean Plaza noncontrolling interest	6,134,000	0
Ending Balance	18,864,000	11,843,000
UB Ironbound, LP ("Ironbound") [Member]
Business Acquisition [Line Items]
Ownership interest (in hundredths)	84.00%
Property management and leasing services fees (in hundredths)	2.00%
Ub Orangeburg Llc [Member]
Business Acquisition [Line Items]
Ownership interest (in hundredths)	21.74%	2.00%
Additional investment in consolidated joint venture	1,700,000
McLean Plaza Associates [Member]
Business Acquisition [Line Items]
Ownership interest (in hundredths)	51.00%
Additional investment in consolidated joint venture	6,200,000
Estimated fair value of first mortgage secured by property	$2,800,000

INVESTMENTS_IN_AND_ADVANCES_TO2

INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED JOINT VENTURES (Details) (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
	Property
Schedule of Equity Method Investments [Line Items]
Investments in and advances to unconsolidated joint ventures	$39,213,000	$31,432,000
Non-recourse first mortgage payable	205,147,000	166,246,000
Number of non-core real estate properties sold	2
Gain on sale of properties	18,100,000	0	0
Sales price of properties held for sale	12,500,000
Number of core properties sold	1
Chestnut Ridge and Plaza 59 Shopping Centers [Member]
Schedule of Equity Method Investments [Line Items]
Investments in and advances to unconsolidated joint ventures	18,380,000	18,277,000
Midway Shopping Center, L.P. [Member]
Schedule of Equity Method Investments [Line Items]
Investments in and advances to unconsolidated joint ventures	5,322,000	5,668,000
Ownership interest (in hundredths)	11.64%
Area of property (in square feet)	247,000
Percentage of voting interests acquired (in hundredths)	25.00%
Excess of carrying amount over underlying equity allocated to real property	7,400,000
Estimated useful life	39 years
Midway Shopping Center, L.P. [Member] | Unsecured Note [Member]
Schedule of Equity Method Investments [Line Items]
Stated interest rate (in hundredths)	5.75%
Maturity date of debt	1-Jan-13
Unsecured loan due from related party	13,200,000
Midway Shopping Center, L.P. [Member] | Non-recourse First Mortgage Payable [Member]
Schedule of Equity Method Investments [Line Items]
Stated interest rate (in hundredths)	4.80%
Non-recourse first mortgage payable	32,000,000
Maturity date of debt	31-Dec-27
Putnam Plaza Shopping Center [Member]
Schedule of Equity Method Investments [Line Items]
Investments in and advances to unconsolidated joint ventures	6,525,000	6,764,000
Area of property (in square feet)	189,000
Percentage of voting interests acquired (in hundredths)	66.67%
Putnam Plaza Shopping Center [Member] | Non-recourse First Mortgage Payable [Member]
Schedule of Equity Method Investments [Line Items]
Stated interest rate (in hundredths)	4.17%
First mortgage secured by property, estimated fair value	21,000,000
Maturity date of debt	31-Dec-19
81 Pondfield Road Company [Member]
Schedule of Equity Method Investments [Line Items]
Investments in and advances to unconsolidated joint ventures	723,000	723,000
Percentage of voting interests acquired (in hundredths)	20.00%
Chestnut Ridge [Member]
Schedule of Equity Method Investments [Line Items]
Area of property (in square feet)	76,000
Percentage of voting interests acquired (in hundredths)	50.00%
Plaza 59 Shopping Centers [Member]
Schedule of Equity Method Investments [Line Items]
Area of property (in square feet)	24,000
Percentage of voting interests acquired (in hundredths)	50.00%
Gateway Plaza [Member]
Schedule of Equity Method Investments [Line Items]
Investments in and advances to unconsolidated joint ventures	7,069,000	0
Area of property (in square feet)	194,000
Stated interest rate (in hundredths)	4.20%
Percentage of voting interests acquired (in hundredths)	50.00%	0.00%
Area size in square feet of major tenant	168,000
Area size in square feet of non-anchor space of property	27,000
Non-recourse first mortgage payable	14,000,000
Term of first mortgage	10 years
Purchase price of property acquired	6,100,000
Escrow Deposit	2,000,000
Mortgage proceeds paid to seller at acquisition	12,000,000
Applebee's at Riverhead [Member]
Schedule of Equity Method Investments [Line Items]
Investments in and advances to unconsolidated joint ventures	1,194,000	0
Area of property (in square feet)	5,400
Percentage of voting interests acquired (in hundredths)	50.00%	0.00%
Future development rights of shopping center measured in square feet	7,200
Purchase price of property acquired	$1,100,000

STOCKHOLDERS_EQUITY_Details

STOCKHOLDERS' EQUITY (Details) (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Class of Stock [Line Items]
Total shares authorized (in shares)	200,000,000	200,000,000
Common stock, shares authorized (in shares)	30,000,000	30,000,000
Excess stock, shares authorized (in shares)	20,000,000	20,000,000
Repayments of Lines of Credit	$58,750,000	$40,700,000	$88,250,000
Proceeds from issuance of common stock	248,000	244,000	47,799,000
Common stock to Class A common stock dividend rate (in hundredths)	110.00%	110.00%
Excess stock issuance threshold ownership percentage (in hundredths)	7.50%	7.50%
Proceeds from Issuance of Preferred Stock and Preference Stock	67,795,000	0	125,281,000
Common Stock [Member]
Class of Stock [Line Items]
Common stock, shares authorized (in shares)	30,000,000	30,000,000
Voting rights per share (in hundredths)	100.00%	100.00%
Shares issued under the dividend reinvestment plan (in shares)	6,347	5,797
Common Stock available for issuance (in shares)	357,953	364,300
Class A Common Stock [Member]
Class of Stock [Line Items]
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Shares issued (in shares)			2,500,000
Share Price			$19.16
Proceeds from issuance of common stock			47,500,000
Voting rights per share (in hundredths)	5.00%	5.00%
Shares issued under the dividend reinvestment plan (in shares)	6,811	6,724	7,950
Common Stock available for issuance (in shares)	416,273	423,084
Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares authorized (in shares)	50,000,000	50,000,000
Series D Senior Cumulative Preferred Stock [Member]
Class of Stock [Line Items]
Redemption price (in dollars per share)	$25
Preferred Stock, Dividend Rate, Percentage	7.50%	7.50%	7.50%
Payments of Stock Issuance Costs	1,870,000
Series F Cumulative Preferred Stock [Member]
Class of Stock [Line Items]
Redemption price (in dollars per share)	$25		$25
Shares issued (in shares)			5,175,000
Preferred Stock, Dividend Rate, Percentage	7.13%	7.13%	7.13%
Dividend rate (in dollars per share)			$1.78
Number of directors redeemable preferred stockholders are entitled to elect	2
Class A Common shares or Common shares [Member]
Class of Stock [Line Items]
Common stock, shares authorized (in shares)		100,000,000
Series A Participating Preferred Stock [Member]
Class of Stock [Line Items]
Preferred shares purchaseable per right (in shares)	0.01
Exercise price per right (in dollars per right)	$65
Distribution holding period	10 years
Minimum percentage of combined voting power of Common Shares to trigger rights distribution (in hundredths)	10.00%
Minimum percentage of ownership offer to trigger rights distribution	30.00%
Value of common shares as a multiple of the exercise price of the right	200.00%
Minimum percentage of assets sold or transferred to trigger stock purchase rights	50.00%
Series G Preferred Stock [Member]
Class of Stock [Line Items]
Redemption price (in dollars per share)	$25
Shares issued (in shares)	2,800,000
Over-allotment stock Issued During Period Shares New Issues	200,000
Share Price	$25
Preferred Stock, Dividend Rate, Percentage	6.75%
Dividend rate (in dollars per share)	$1.69
Number of directors redeemable preferred stockholders are entitled to elect	2
Proceeds from Issuance of Preferred Stock and Preference Stock	67,800,000
Proceeds From Issuance Of Preferred Stock And Preference Stock-Over-allotment option	4,800,000
8.5% Series C Senior Cumulative Preferred Stock [Member]
Class of Stock [Line Items]
Payments of Stock Issuance Costs		892,000	1,300,000
Series E Senior Cumulative Preferred Stock [Member]
Class of Stock [Line Items]
Payments of Stock Issuance Costs		$3,300,000

STOCKHOLDERS_EQUITY_Share_Repu

STOCKHOLDERS' EQUITY, Share Repurchase Program (Details)	Oct. 31, 2014
Common Stock [Member]
Equity, Class of Treasury Stock [Line Items]
Number of shares authorized for repurchase (in shares)	2,000,000
Amended number of shares authorized for repurchase	1,500,000
Common Stock [Member] | Share Repurchase Program [Member]
Equity, Class of Treasury Stock [Line Items]
Number of shares repurchased (in shares)	4,600
Class A Common Stock [Member] | Share Repurchase Program [Member]
Equity, Class of Treasury Stock [Line Items]
Number of shares repurchased (in shares)	724,578

STOCK_COMPENSATION_AND_OTHER_B2

STOCK COMPENSATION AND OTHER BENEFIT PLANS (Details) (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Savings Plan [Abstract]
Company contributions to 401K Plan	$150,000	$145,000	$145,000
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value of restricted stock grants awarded to participants	3,800,000
Unamortized restricted stock compensation	12,600,000
Weighted average period for recognizing unamortized expense	4 years 7 months 20 days
Compensation expense	$4,088,000	$4,073,000	$3,824,000
Restricted Stock [Member] | Common Shares [Member]
Non-vested shares, number of shares [Roll forward]
Non-vested, beginning of period (in shares)	1,479,700
Granted (in shares)	152,000
Vested (in shares)	-250,900
Forfeited (in shares)	0
Non-vested, end of period (in shares)	1,380,800
Non-vested shares, weighted-average grant-date fair value [Roll forward]
Non-vested, beginning of period (in dollars per share)	$15.88
Granted (in dollars per share)	$15.60
Vested (in dollars per share)	$13.88
Forfeited (in dollars per share)	$0
Non-vested, end of period (in dollars per share)	$16.21
Restricted Stock [Member] | Class A Common Shares [Member]
Non-vested shares, number of shares [Roll forward]
Non-vested, beginning of period (in shares)	404,150
Granted (in shares)	80,500
Vested (in shares)	-78,400
Forfeited (in shares)	-6,300
Non-vested, end of period (in shares)	399,950
Non-vested shares, weighted-average grant-date fair value [Roll forward]
Non-vested, beginning of period (in dollars per share)	$17.39
Granted (in dollars per share)	$18.32
Vested (in dollars per share)	$15.18
Forfeited (in dollars per share)	$18.48
Non-vested, end of period (in dollars per share)	$18.01
Restricted Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in shares)	3,750,000
Restricted Stock Plan [Member] | Common Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in shares)	350,000
Restricted Stock Plan [Member] | Class A Common Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in shares)	350,000
Restricted Stock Plan [Member] | Class A Common shares or Common shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in shares)	3,050,000

FAIR_VALUE_MEASUREMENTS_Detail

FAIR VALUE MEASUREMENTS (Details) (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Redeemable Noncontrolling Interest [Line Items]
Mortgage notes payable	$206,000,000	$155,000,000
UB Ironbound, LP ("Ironbound") [Member]
Redeemable Noncontrolling Interest [Line Items]
Increase in redemption value of noncontrolling interest	31	60
Fair Value, Measurements, Recurring [Member]
Assets:
Interest Rate Swap Agreement	63,000	81,000
Liabilities:
Redeemable noncontrolling interests	18,864,000	11,843,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Assets:
Interest Rate Swap Agreement	0	0
Liabilities:
Redeemable noncontrolling interests	9,802,000	8,946,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Assets:
Interest Rate Swap Agreement	63,000	81,000
Liabilities:
Redeemable noncontrolling interests	0	0
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Assets:
Interest Rate Swap Agreement	0	0
Liabilities:
Redeemable noncontrolling interests	$9,062,000	$2,897,000	$2,837,000

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Oct. 31, 2014
COMMITMENTS AND CONTINGENCIES [Abstract]
Commitments for tenant related obligations	$3.90

PRO_FORMA_FINANCIAL_INFORMATIO2

PRO FORMA FINANCIAL INFORMATION (UNAUDITED) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2014	Oct. 31, 2013
PRO FORMA FINANCIAL INFORMATION (UNAUDITED) [Abstract]
Business Acquisition, Pro Forma Revenue	$4,163
Business Acquisition, Pro Forma Income (Loss) from Continuing Operations	811
Pro Forma Revenues	117,136	116,494
Pro forma income from continuing operations	56,972	34,971
Pro forma earnings applicable to Common and Class A Common stockholders	$40,446	$14,934

QUARTERLY_RESULTS_OF_OPERATION2

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2013	Jul. 31, 2013	Apr. 30, 2013	Jan. 31, 2013	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Class of Stock [Line Items]
Revenues	$26,226	$24,955	$25,952	$25,195	$24,061	$23,613	$22,834	$23,737	$102,328	$95,203	$90,395
Income from Continuing Operations	32,494	7,494	6,482	6,621	7,278	7,840	7,173	6,814	53,091	29,105	27,282
Net income attributable to Urstadt Biddle Properties Inc.	32,342	7,343	6,334	6,465	7,445	7,915	7,421	7,014	65,151	29,795	28,260
Preferred Stock Dividends	-3,453	-3,453	-3,453	-3,453	-3,453	-3,606	-3,929	-3,961	13,812	14,949	13,267
Redemption of preferred stock	-1,870	0	0	0	0	-68	-406	-3,759
Net Income Applicable to Common and Class A Common Stockholders	27,019	3,890	2,881	3,012	3,992	4,241	3,086	-706	49,469	10,613	12,966
Per Share Data [Abstract]
Common (in dollars per share)	$0.80	$0.11	$0.09	$0.09	$0.11	$0.12	$0.08	($0.03)	$1.46	$0.32	$0.43
Diluted Earnings Per Share [Abstract]
Common (in dollars per share)	$0.77	$0.11	$0.08	$0.09	$0.11	$0.11	$0.08	($0.03)	$1.42	$0.31	$0.41
Class A Common Stock [Member]
Class of Stock [Line Items]
Net Income Applicable to Common and Class A Common Stockholders									$38,068	$8,204	$9,800
Per Share Data [Abstract]
Common (in dollars per share)	$0.90	$0.13	$0.10	$0.10	$0.12	$0.13	$0.09	($0.04)	$1.64	$0.35	$0.47
Diluted Earnings Per Share [Abstract]
Common (in dollars per share)	$0.87	$0.12	$0.09	$0.10	$0.12	$0.13	$0.09	($0.04)	$1.59	$0.34	$0.46

SUBSEQUENT_EVENTS_Details

SUBSEQUENT EVENTS (Details) (USD $)	12 Months Ended			0 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012	Dec. 11, 2014
Subsequent Event [Line Items]
Proceeds from Issuance of Common Stock	$248,000	$244,000	$47,799,000
Class A Common Shares [Member]
Subsequent Event [Line Items]
Cash dividends declared (in dollars per share)	$1.01	$1	$0.99
Stock Issued During Period, Shares, New Issues			2,500,000
Share Price			$19.16
Proceeds from Issuance of Common Stock			47,500,000
Subsequent Event [Member]
Subsequent Event [Line Items]
Dividend payable, date to be paid				16-Jan-15
Dividends payable, record date				5-Jan-15
Fair value of the shares awarded				4,900,000
Subsequent Event [Member] | Common Stock [Member]
Subsequent Event [Line Items]
Number of shares awarded (in shares)	152,000
Subsequent Event [Member] | Class A Common Shares [Member]
Subsequent Event [Line Items]
Number of shares awarded (in shares)	92,750
Stock Issued During Period, Shares, New Issues	2,500,000
Share Price	$20.82
Proceeds from Issuance of Common Stock	52,100,000
Stock Issued During Period Shares New Issues- Over-allotment option	375,000
Proceeds From Issuance Of Common Stock- Over-allotment option	$7,800,000
Subsequent Event [Member] | Dividend Declared [Member] | Common Stock [Member]
Subsequent Event [Line Items]
Cash dividends declared (in dollars per share)				$0.23
Subsequent Event [Member] | Dividend Declared [Member] | Class A Common Shares [Member]
Subsequent Event [Line Items]
Cash dividends declared (in dollars per share)				$0.26

SCHEDULE_III_REAL_ESTATE_AND_A1

SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION (Details) (USD $)	12 Months Ended
	Oct. 31, 2014		Oct. 31, 2013	Oct. 31, 2012
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$205,147,000
Initial Cost to Company [Abstract]
Land	150,563,000
Building & Improvements	587,986,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	2,783,000
Building & Improvements	88,973,000
Amount at which Carried at Close of Period [Abstract]
Land	153,346,000
Building & Improvements	676,958,000
TOTAL	830,304,000		732,159,000	660,375,000
Accumulated Depreciation	161,187,000		155,272,000	140,511,000
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at beginning of the year	732,159,000		660,375,000	631,167,000
Property improvements during the year	19,239,000		11,263,000	5,782,000
Properties acquired during the year	101,055,000		67,062,000	26,306,000
Properties sold during the year	-20,299,000		-4,475,000	-533,000
Property assets fully depreciated and written off	-1,850,000		-2,066,000	-2,347,000
Balance at end of year	830,304,000		732,159,000	660,375,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at beginning of year	155,272,000		140,511,000	126,693,000
Provision during the year charged to income	18,721,000		17,126,000	16,183,000
Property sold during the year	-10,956,000		-299,000	-18,000
Property assets fully depreciated and written off	-1,850,000		-2,066,000	-2,347,000
Balance at end of year	161,187,000		155,272,000	140,511,000
Property, Plant and Equipment [Line Items]
Aggregate cost for federal income tax purposes for real estate subject to operating leases	713,000,000
Tenant Improvement Costs [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Useful life	5 years
Tenant Improvement Costs [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Useful life	20 years
Retail Properties [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	205,147,000
Initial Cost to Company [Abstract]
Land	147,197,000
Building & Improvements	576,448,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	2,841,000
Building & Improvements	87,151,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	150,038,000
Building & Improvements	663,599,000
TOTAL	813,637,000
Accumulated Depreciation	157,788,000
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	813,637,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	157,788,000
Retail Properties [Member] | Bethel, CT [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	1,800,000
Building & Improvements	7,200,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	-18,000
Building & Improvements	-74,000
Amount at which Carried at Close of Period [Abstract]
Land	1,782,000
Building & Improvements	7,126,000
TOTAL	8,908,000
Accumulated Depreciation	153,000
Date Constructed/Acquired	2014
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	8,908,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	153,000
Retail Properties [Member] | Yonkers, NY 3 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	2,781,000
Initial Cost to Company [Abstract]
Land	3,060,000
Building & Improvements	12,240,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	0
Amount at which Carried at Close of Period [Abstract]
Land	3,060,000
Building & Improvements	12,240,000
TOTAL	15,300,000
Accumulated Depreciation	26,000
Date Constructed/Acquired	2014
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	15,300,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	26,000
Retail Properties [Member] | Boonton, NJ [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,720,000
Initial Cost to Company [Abstract]
Land	3,670,000
Building & Improvements	14,680,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	15,000
Building & Improvements	56,000
Amount at which Carried at Close of Period [Abstract]
Land	3,685,000
Building & Improvements	14,736,000
TOTAL	18,421,000
Accumulated Depreciation	314,000
Date Constructed/Acquired	2014
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	18,421,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	314,000
Retail Properties [Member] | Bloomfield, NJ [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	7,768,000
Initial Cost to Company [Abstract]
Land	2,201,000
Building & Improvements	8,804,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	218,000
Building & Improvements	861,000
Amount at which Carried at Close of Period [Abstract]
Land	2,419,000
Building & Improvements	9,665,000
TOTAL	12,084,000
Accumulated Depreciation	237,000
Date Constructed/Acquired	2014
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	12,084,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	237,000
Retail Properties [Member] | Greenwich, CT 7 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	16,170,000
Initial Cost to Company [Abstract]
Land	6,257,000
Building & Improvements	25,029,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	0
Amount at which Carried at Close of Period [Abstract]
Land	6,257,000
Building & Improvements	25,029,000
TOTAL	31,286,000
Accumulated Depreciation	104,000
Date Constructed/Acquired	2014
Life on which depreciation for building and improvements in latest income statement is computed	40 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	31,286,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	104,000
Retail Properties [Member] | Greenwich, CT 6 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	8,330,000
Initial Cost to Company [Abstract]
Land	3,223,000
Building & Improvements	12,893,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	0
Amount at which Carried at Close of Period [Abstract]
Land	3,223,000
Building & Improvements	12,893,000
TOTAL	16,116,000
Accumulated Depreciation	54,000
Date Constructed/Acquired	2014
Life on which depreciation for building and improvements in latest income statement is computed	40 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	16,116,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	54,000
Retail Properties [Member] | Greenwich, CT 1 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	3,500,000
Initial Cost to Company [Abstract]
Land	1,600,000
Building & Improvements	6,401,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	27,000
Building & Improvements	167,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	1,627,000
Building & Improvements	6,568,000	[2]
TOTAL	8,195,000
Accumulated Depreciation	238,000
Date Constructed/Acquired	2013
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	8,195,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	238,000
Retail Properties [Member] | Greenwich, CT 2 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,365,000
Initial Cost to Company [Abstract]
Land	1,998,000
Building & Improvements	7,994,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	53,000
Building & Improvements	213,000
Amount at which Carried at Close of Period [Abstract]
Land	2,051,000
Building & Improvements	8,207,000
TOTAL	10,258,000
Accumulated Depreciation	298,000
Date Constructed/Acquired	2013
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	10,258,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	298,000
Retail Properties [Member] | Bronxville, NY [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	60,000
Building & Improvements	239,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	95,000
Building & Improvements	776,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	155,000
Building & Improvements	1,015,000	[2]
TOTAL	1,170,000
Accumulated Depreciation	127,000
Date Constructed/Acquired	2009
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	1,170,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	127,000
Retail Properties [Member] | Yonkers, NY [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	30,000
Building & Improvements	121,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	183,000
Building & Improvements	734,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	213,000
Building & Improvements	855,000	[2]
TOTAL	1,068,000
Accumulated Depreciation	110,000
Date Constructed/Acquired	2009
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	1,068,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	110,000
Retail Properties [Member] | Yonkers, NY 2 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	30,000
Building & Improvements	121,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	85,000
Building & Improvements	341,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	115,000
Building & Improvements	462,000	[2]
TOTAL	577,000
Accumulated Depreciation	60,000
Date Constructed/Acquired	2009
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	577,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	60,000
Retail Properties [Member] | New Milford, CT [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	2,114,000
Building & Improvements	8,456,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	71,000
Building & Improvements	319,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	2,185,000
Building & Improvements	8,775,000	[2]
TOTAL	10,960,000
Accumulated Depreciation	1,389,000
Date Constructed/Acquired	2008
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	10,960,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	1,389,000
Retail Properties [Member] | New Milford, CT 2 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	4,492,000
Building & Improvements	17,967,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	166,000
Building & Improvements	940,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	4,658,000
Building & Improvements	18,907,000	[2]
TOTAL	23,565,000
Accumulated Depreciation	2,146,000
Date Constructed/Acquired	2010
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	23,565,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	2,146,000
Retail Properties [Member] | New Milford, CT 3 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	4,575,000
Initial Cost to Company [Abstract]
Land	2,168,000
Building & Improvements	8,672,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	58,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	2,168,000
Building & Improvements	8,730,000	[2]
TOTAL	10,898,000
Accumulated Depreciation	800,000
Date Constructed/Acquired	2011
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	10,898,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	800,000
Retail Properties [Member] | Newark, NJ [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	11,456,000
Initial Cost to Company [Abstract]
Land	5,252,000
Building & Improvements	21,023,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	1,466,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	5,252,000
Building & Improvements	22,489,000	[2]
TOTAL	27,741,000
Accumulated Depreciation	3,682,000
Date Constructed/Acquired	2008
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	27,741,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	3,682,000
Retail Properties [Member] | Waldwick, NJ [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	1,266,000
Building & Improvements	5,064,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	0	[1]
Amount at which Carried at Close of Period [Abstract]
Land	1,266,000
Building & Improvements	5,064,000	[2]
TOTAL	6,330,000
Accumulated Depreciation	898,000
Date Constructed/Acquired	2007
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	6,330,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	898,000
Retail Properties [Member] | Emerson, NJ [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	648,000
Initial Cost to Company [Abstract]
Land	3,633,000
Building & Improvements	14,531,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	1,421,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	3,633,000
Building & Improvements	15,952,000	[2]
TOTAL	19,585,000
Accumulated Depreciation	3,139,000
Date Constructed/Acquired	2007
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	19,585,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	3,139,000
Retail Properties [Member] | Monroe, CT [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	765,000
Building & Improvements	3,060,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	135,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	765,000
Building & Improvements	3,195,000	[2]
TOTAL	3,960,000
Accumulated Depreciation	631,000
Date Constructed/Acquired	2007
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	3,960,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	631,000
Retail Properties [Member] | Pelham, NY [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	1,694,000
Building & Improvements	6,843,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	46,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	1,694,000
Building & Improvements	6,889,000	[2]
TOTAL	8,583,000
Accumulated Depreciation	1,487,000
Date Constructed/Acquired	2006
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	8,583,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	1,487,000
Retail Properties [Member] | Stratford,CT [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	26,821,000
Initial Cost to Company [Abstract]
Land	10,173,000
Building & Improvements	40,794,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	-94,000
Building & Improvements	9,093,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	10,079,000
Building & Improvements	49,887,000	[2]
TOTAL	59,966,000
Accumulated Depreciation	13,067,000
Date Constructed/Acquired	2005
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	59,966,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	13,067,000
Retail Properties [Member] | Yorktown Heights, NY [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	5,786,000
Building & Improvements	23,221,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	4,709,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	5,786,000
Building & Improvements	27,930,000	[2]
TOTAL	33,716,000
Accumulated Depreciation	5,800,000
Date Constructed/Acquired	2005
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	33,716,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	5,800,000
Retail Properties [Member] | Rye, NY [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	909,000
Building & Improvements	3,637,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	423,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	909,000
Building & Improvements	4,060,000	[2]
TOTAL	4,969,000
Accumulated Depreciation	1,063,000
Date Constructed/Acquired	2004
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	4,969,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	1,063,000
Retail Properties [Member] | Rye, NY 2 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,455,000
Initial Cost to Company [Abstract]
Land	483,000
Building & Improvements	1,930,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	6,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	483,000
Building & Improvements	1,936,000	[2]
TOTAL	2,419,000
Accumulated Depreciation	521,000
Date Constructed/Acquired	2004
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	2,419,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	521,000
Retail Properties [Member] | Rye, NY 3 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	656,000
Initial Cost to Company [Abstract]
Land	239,000
Building & Improvements	958,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	87,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	239,000
Building & Improvements	1,045,000	[2]
TOTAL	1,284,000
Accumulated Depreciation	307,000
Date Constructed/Acquired	2004
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	1,284,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	307,000
Retail Properties [Member] | Rye, NY 4 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,494,000
Initial Cost to Company [Abstract]
Land	695,000
Building & Improvements	2,782,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	1,000
Building & Improvements	19,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	696,000
Building & Improvements	2,801,000	[2]
TOTAL	3,497,000
Accumulated Depreciation	748,000
Date Constructed/Acquired	2004
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	3,497,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	748,000
Retail Properties [Member] | Somers, NY [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	4,318,000
Building & Improvements	17,268,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	606,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	4,318,000
Building & Improvements	17,874,000	[2]
TOTAL	22,192,000
Accumulated Depreciation	5,540,000
Date Constructed/Acquired	2003
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	22,192,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	5,540,000
Retail Properties [Member] | Westport, CT [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	2,076,000
Building & Improvements	8,305,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	306,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	2,076,000
Building & Improvements	8,611,000	[2]
TOTAL	10,687,000
Accumulated Depreciation	2,610,000
Date Constructed/Acquired	2003
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	10,687,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	2,610,000
Retail Properties [Member] | White Plains, NY [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	8,065,000
Building & Improvements	32,258,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	-1,000
Building & Improvements	6,882,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	8,064,000
Building & Improvements	39,140,000	[2]
TOTAL	47,204,000
Accumulated Depreciation	11,985,000
Date Constructed/Acquired	2003
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	47,204,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	11,985,000
Retail Properties [Member] | Orange, CT [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	2,320,000
Building & Improvements	10,564,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	1,441,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	2,320,000
Building & Improvements	12,005,000	[2]
TOTAL	14,325,000
Accumulated Depreciation	3,900,000
Date Constructed/Acquired	2003
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	14,325,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	3,900,000
Retail Properties [Member] | Stamford, CT [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	46,584,000
Initial Cost to Company [Abstract]
Land	17,965,000
Building & Improvements	71,859,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	6,621,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	17,965,000
Building & Improvements	78,480,000	[2]
TOTAL	96,445,000
Accumulated Depreciation	25,954,000
Date Constructed/Acquired	2002
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	96,445,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	25,954,000
Retail Properties [Member] | Danbury, CT [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	2,459,000
Building & Improvements	4,566,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	697,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	2,459,000
Building & Improvements	5,263,000	[2]
TOTAL	7,722,000
Accumulated Depreciation	1,764,000
Date Constructed/Acquired	2002
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	7,722,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	1,764,000
Retail Properties [Member] | Briarcliff, NY 2 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	2,222,000
Building & Improvements	5,185,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	1,234,000
Building & Improvements	7,096,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	3,456,000
Building & Improvements	12,281,000	[2]
TOTAL	15,737,000
Accumulated Depreciation	1,787,000
Date Constructed/Acquired	2001
Life on which depreciation for building and improvements in latest income statement is computed	40 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	15,737,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	1,787,000
Retail Properties [Member] | Somers, NY 2 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	1,833,000
Building & Improvements	7,383,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	753,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	1,833,000
Building & Improvements	8,136,000	[2]
TOTAL	9,969,000
Accumulated Depreciation	3,777,000
Date Constructed/Acquired	1999
Life on which depreciation for building and improvements in latest income statement is computed	31 years 6 months
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	9,969,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	3,777,000
Retail Properties [Member] | Briarcliff, NY 3 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	380,000
Building & Improvements	1,531,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	335,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	380,000
Building & Improvements	1,866,000	[2]
TOTAL	2,246,000
Accumulated Depreciation	791,000
Date Constructed/Acquired	1999
Life on which depreciation for building and improvements in latest income statement is computed	40 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	2,246,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	791,000
Retail Properties [Member] | Briarcliff, NY 4 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	16,128,000
Initial Cost to Company [Abstract]
Land	2,300,000
Building & Improvements	9,708,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	2,000
Building & Improvements	3,586,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	2,302,000
Building & Improvements	13,294,000	[2]
TOTAL	15,596,000
Accumulated Depreciation	5,422,000
Date Constructed/Acquired	1998
Life on which depreciation for building and improvements in latest income statement is computed	40 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	15,596,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	5,422,000
Retail Properties [Member] | Ridgefield, CT [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	900,000
Building & Improvements	3,793,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	1,706,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	900,000
Building & Improvements	5,499,000	[2]
TOTAL	6,399,000
Accumulated Depreciation	1,942,000
Date Constructed/Acquired	1998
Life on which depreciation for building and improvements in latest income statement is computed	40 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	6,399,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	1,942,000
Retail Properties [Member] | Darien, CT [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	16,982,000
Initial Cost to Company [Abstract]
Land	4,260,000
Building & Improvements	17,192,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	756,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	4,260,000
Building & Improvements	17,948,000	[2]
TOTAL	22,208,000
Accumulated Depreciation	7,329,000
Date Constructed/Acquired	1998
Life on which depreciation for building and improvements in latest income statement is computed	40 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	22,208,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	7,329,000
Retail Properties [Member] | Eastchester, NY [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	1,500,000
Building & Improvements	6,128,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	2,506,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	1,500,000
Building & Improvements	8,634,000	[2]
TOTAL	10,134,000
Accumulated Depreciation	3,211,000
Date Constructed/Acquired	1997
Life on which depreciation for building and improvements in latest income statement is computed	31 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	10,134,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	3,211,000
Retail Properties [Member] | Danbury, CT 2 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	3,850,000
Building & Improvements	15,811,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	4,109,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	3,850,000
Building & Improvements	19,920,000	[2]
TOTAL	23,770,000
Accumulated Depreciation	10,303,000
Date Constructed/Acquired	1995
Life on which depreciation for building and improvements in latest income statement is computed	31 years 6 months
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	23,770,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	10,303,000
Retail Properties [Member] | Carmel, NY [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	1,488,000
Building & Improvements	5,973,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	1,688,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	1,488,000
Building & Improvements	7,661,000	[2]
TOTAL	9,149,000
Accumulated Depreciation	4,124,000
Date Constructed/Acquired	1995
Life on which depreciation for building and improvements in latest income statement is computed	31 years 6 months
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	9,149,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	4,124,000
Retail Properties [Member] | Meriden, CT [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	5,000,000
Building & Improvements	20,309,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	11,464,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	5,000,000
Building & Improvements	31,773,000	[2]
TOTAL	36,773,000
Accumulated Depreciation	15,112,000
Date Constructed/Acquired	1993
Life on which depreciation for building and improvements in latest income statement is computed	31 years 6 months
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	36,773,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	15,112,000
Retail Properties [Member] | Somers, NY 3 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	821,000
Building & Improvements	2,600,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	549,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	821,000
Building & Improvements	3,149,000	[2]
TOTAL	3,970,000
Accumulated Depreciation	1,469,000
Date Constructed/Acquired	1992
Life on which depreciation for building and improvements in latest income statement is computed	31 years 6 months
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	3,970,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	1,469,000
Retail Properties [Member] | Wayne, NJ [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	399,000
Initial Cost to Company [Abstract]
Land	2,492,000
Building & Improvements	9,966,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	1,307,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	2,492,000
Building & Improvements	11,273,000	[2]
TOTAL	13,765,000
Accumulated Depreciation	5,913,000
Date Constructed/Acquired	1992
Life on which depreciation for building and improvements in latest income statement is computed	31 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	13,765,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	5,913,000
Retail Properties [Member] | Newington, NH [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	728,000
Building & Improvements	1,997,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	1,754,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	728,000
Building & Improvements	3,751,000	[2]
TOTAL	4,479,000
Accumulated Depreciation	2,617,000
Date Constructed/Acquired	1979
Life on which depreciation for building and improvements in latest income statement is computed	40 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	4,479,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	2,617,000
Retail Properties [Member] | Katonah, NY [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	1,704,000
Building & Improvements	6,816,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	100,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	1,704,000
Building & Improvements	6,916,000	[2]
TOTAL	8,620,000
Accumulated Depreciation	820,000
Date Constructed/Acquired	2010
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	8,620,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	820,000
Retail Properties [Member] | Eastchester, NY 2 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	1,800,000
Building & Improvements	7,200,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	78,000
Building & Improvements	477,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	1,878,000
Building & Improvements	7,677,000	[2]
TOTAL	9,555,000
Accumulated Depreciation	563,000
Date Constructed/Acquired	2012
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	9,555,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	563,000
Retail Properties [Member] | Fairfield Centre, CT [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	3,393,000
Building & Improvements	13,574,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	153,000
Building & Improvements	612,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	3,546,000
Building & Improvements	14,186,000	[2]
TOTAL	17,732,000
Accumulated Depreciation	1,080,000
Date Constructed/Acquired	2011
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	17,732,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	1,080,000
Retail Properties [Member] | Orangeburg NY [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	6,769,000
Initial Cost to Company [Abstract]
Land	3,200,000
Building & Improvements	12,800,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	30,000
Building & Improvements	2,188,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	3,230,000
Building & Improvements	14,988,000	[2]
TOTAL	18,218,000
Accumulated Depreciation	901,000
Date Constructed/Acquired	2012
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	18,218,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	901,000
Retail Properties [Member] | New Providence Property [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	20,546,000
Initial Cost to Company [Abstract]
Land	6,970,000
Building & Improvements	27,880,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	463,000
Building & Improvements	2,402,000
Amount at which Carried at Close of Period [Abstract]
Land	7,433,000
Building & Improvements	30,282,000
TOTAL	37,715,000
Accumulated Depreciation	1,193,000
Date Constructed/Acquired	2013
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	37,715,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	1,193,000
Retail Properties [Member] | Various [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	1,555,000
Building & Improvements	1,122,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	80,000
Building & Improvements	5,414,000
Amount at which Carried at Close of Period [Abstract]
Land	1,635,000
Building & Improvements	6,536,000
TOTAL	8,171,000
Accumulated Depreciation	282,000
Date Constructed/Acquired	2013
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	8,171,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	282,000
Office Buildings [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	3,366,000
Building & Improvements	11,538,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	-58,000
Building & Improvements	1,822,000
Amount at which Carried at Close of Period [Abstract]
Land	3,308,000
Building & Improvements	13,359,000
TOTAL	16,667,000
Accumulated Depreciation	3,399,000
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	16,667,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	3,399,000
Office Buildings [Member] | Greenwich, CT 1 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	708,000
Building & Improvements	1,641,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	266,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	708,000
Building & Improvements	1,907,000	[2]
TOTAL	2,615,000
Accumulated Depreciation	602,000
Date Constructed/Acquired	2001
Life on which depreciation for building and improvements in latest income statement is computed	31 years 6 months
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	2,615,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	602,000
Office Buildings [Member] | Greenwich, CT 2 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	488,000
Building & Improvements	1,139,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	330,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	488,000
Building & Improvements	1,469,000	[2]
TOTAL	1,957,000
Accumulated Depreciation	484,000
Date Constructed/Acquired	2000
Life on which depreciation for building and improvements in latest income statement is computed	31 years 6 months
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	1,957,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	484,000
Office Buildings [Member] | Greenwich, CT 3 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	570,000
Building & Improvements	2,359,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	692,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	570,000
Building & Improvements	3,051,000	[2]
TOTAL	3,621,000
Accumulated Depreciation	1,234,000
Date Constructed/Acquired	1998
Life on which depreciation for building and improvements in latest income statement is computed	31 years 6 months
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	3,621,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	1,234,000
Office Buildings [Member] | Greenwich, CT 4 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	199,000
Building & Improvements	795,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	712,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	199,000
Building & Improvements	1,507,000	[2]
TOTAL	1,706,000
Accumulated Depreciation	500,000
Date Constructed/Acquired	1993
Life on which depreciation for building and improvements in latest income statement is computed	31 years 6 months
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	1,706,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	500,000
Office Buildings [Member] | Greenwich, CT 5 [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	111,000
Building & Improvements	444,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	0
Building & Improvements	5,000	[1]
Amount at which Carried at Close of Period [Abstract]
Land	111,000
Building & Improvements	449,000	[2]
TOTAL	560,000
Accumulated Depreciation	334,000
Date Constructed/Acquired	1994
Life on which depreciation for building and improvements in latest income statement is computed	31 years 6 months
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	560,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	334,000
Office Buildings [Member] | Chester, NJ [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	570,000
Building & Improvements	2,280,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	-34,000
Building & Improvements	-137,000
Amount at which Carried at Close of Period [Abstract]
Land	536,000
Building & Improvements	2,143,000
TOTAL	2,679,000
Accumulated Depreciation	104,000
Date Constructed/Acquired	2012
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	2,679,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	104,000
Office Buildings [Member] | Bernardsville, NJ [Member]
Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	0
Initial Cost to Company [Abstract]
Land	720,000
Building & Improvements	2,880,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	-24,000
Building & Improvements	-46,000
Amount at which Carried at Close of Period [Abstract]
Land	696,000
TOTAL	3,529,000
Accumulated Depreciation	141,000
Date Constructed/Acquired	2012
Life on which depreciation for building and improvements in latest income statement is computed	39 years
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at end of year	3,529,000
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at end of year	$141,000
[1]	RECONCILIATION OF REAL ESTATE - OWNED SUBJECT TO OPERATING LEASES Balance at beginning of year $ 631,167 $ 601,222 $ 565,72 Property improvements during the year 5,782 7,452 3,517 Properties acquired during the year 26,306 28,702 33,243 Properties sold during the year (533) --- --- Property assets fully depreciated and written off (2,347) (6,209) (1,210) Balance at end of year $ 660,,75 $ 631,167 $ 601,222
[2]	Tenant improvement costs are depreciated over the life of the related leases, which range from 5 to 20 years.