Urstadt Biddle Properties (UBA) 10-K 13 Jan 21 2020 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Oct. 31, 2020	Jan. 08, 2021	Apr. 30, 2020
Entity Listings [Line Items]
Entity Registrant Name	URSTADT BIDDLE PROPERTIES INC
Entity Central Index Key	0001029800
Current Fiscal Year End Date	--10-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Document Type	10-K
Amendment Flag	false
Document Period End Date	Oct. 31, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Document Annual Report	true
Document Transition Report	false
Entity File Number	1-12803
Entity Tax Identification Number	04-2458042
Entity Incorporation, State or Country Code	MD
Entity Address, Address Line One	321 Railroad Avenue
Entity Address, City or Town	Greenwich
Entity Address, State or Province	CT
Entity Address, Postal Zip Code	06830
City Area Code	203
Local Phone Number	863-8200
Common Stock [Member]
Entity Listings [Line Items]
Entity Public Float			$ 25,177,380
Entity Common Stock, Shares Outstanding		10,179,502
Title of 12(b) Security	Common Stock, par value $.01 per share
Trading Symbol	UBP
Security Exchange Name	NYSE
Class A Common Stock [Member]
Entity Listings [Line Items]
Entity Public Float			$ 430,431,595
Entity Common Stock, Shares Outstanding		30,122,105
Title of 12(b) Security	Class A Common Stock, par value $.01 per share
Trading Symbol	UBA
Security Exchange Name	NYSE
5.875% Series K Cumulative Preferred Stock [Member]
Entity Listings [Line Items]
Title of 12(b) Security	5.875% Series K Cumulative Preferred Stock
Trading Symbol	UBPPRK
Security Exchange Name	NYSE
Common Stock Rights to Purchase Preferred Shares [Member]
Entity Listings [Line Items]
Title of 12(b) Security	Common Stock Rights to Purchase Preferred Shares
Trading Symbol	N/A
Security Exchange Name	NYSE
6.25% Series H Preferred Stock [Member]
Entity Listings [Line Items]
Title of 12(b) Security	6.25% Series H Cumulative Preferred Stock
Trading Symbol	UBPPRH
Security Exchange Name	NYSE
Class A Common Stock Rights to Purchase Preferred Shares [Member]
Entity Listings [Line Items]
Title of 12(b) Security	Class A Common Stock Rights to Purchase Preferred Shares
Trading Symbol	N/A
Security Exchange Name	NYSE

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Oct. 31, 2020	Oct. 31, 2019
Real Estate Investments:
Real Estate - at cost	$ 1,149,182	$ 1,141,770
Less: Accumulated depreciation	(261,325)	(241,154)
Investment property at cost - net	887,857	900,616
Investments in and advances to unconsolidated joint ventures	28,679	29,374
Total real estate investments	916,536	929,990
Cash and cash equivalents	40,795	94,079
Tenant receivables	25,954	22,854
Prepaid expenses and other assets	18,263	15,513
Deferred charges, net of accumulated amortization	8,631	9,868
Total Assets	1,010,179	1,072,304
Liabilities:
Revolving credit line	35,000	0
Mortgage notes payable and other loans	299,434	306,606
Preferred Stock, Redemption Amount	0	75,000
Accounts payable and accrued expenses	18,033	11,416
Deferred compensation - officers	20	53
Other liabilities	24,550	21,629
Total Liabilities	377,037	414,704
Redeemable Noncontrolling Interests	62,071	77,876
Commitments and Contingencies
Stockholders' Equity:
Excess Stock, par value $0.01 per share; 20,000,000 shares authorized; none issued and outstanding	0	0
Additional Paid in Capital	526,027	520,988
Cumulative distributions in excess of net income	(164,651)	(158,213)
Accumulated other comprehensive income	(15,707)	(8,451)
Total Stockholders' Equity	571,071	579,724
Total Liabilities and Stockholders' Equity	1,010,179	1,072,304
6.25% Series H Cumulative Preferred Stock [Member]
Stockholders' Equity:
Cumulative Preferred Stock $25 Par Value	115,000	115,000
5.875% Series K Cumulative Preferred Stock [Member]
Stockholders' Equity:
Cumulative Preferred Stock $25 Par Value	110,000	110,000
Common Stock [Member]
Stockholders' Equity:
Common Stock, par value $.01 per share	102	101
Class A Common Stock [Member]
Stockholders' Equity:
Common Stock, par value $.01 per share	$ 300	$ 299

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
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 [Member] | Common Stock [Member]
Stockholders' Equity:
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)	10,073,652	9,963,751
Common stock, shares outstanding (in shares)	10,073,652	9,963,751
Common Stock [Member] | 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)	29,996,305	29,893,241
Common stock, shares outstanding (in shares)	29,996,305	29,893,241
Preferred Stock [Member] | 6.75% Series G Cumulative Preferred Stock [Member]
Stockholders' Equity:
Preferred stock, dividend rate		6.75%
Preferred Stock [Member] | 6.25% Series H Cumulative Preferred Stock [Member]
Stockholders' Equity:
Preferred stock, dividend rate	6.25%	6.25%
Preferred stock, liquidation preference (in dollars per share)	$ 25	$ 25
Preferred stock, shares issued (in shares)	4,600,000	4,600,000
Preferred stock, shares outstanding (in shares)	4,600,000	4,600,000
Preferred Stock [Member] | 5.875% Series K Cumulative Preferred Stock [Member]
Stockholders' Equity:
Preferred stock, dividend rate	5.875%	5.875%
Preferred stock, liquidation preference (in dollars per share)	$ 25	$ 25
Preferred stock, shares issued (in shares)	4,400,000	4,400,000
Preferred stock, shares outstanding (in shares)	4,400,000	4,400,000

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($)	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Revenues
Lease income	$ 120,941,000	$ 132,287,000	$ 127,230,000
Lease termination	705,000	221,000	3,795,000
Other	5,099,000	4,374,000	3,697,000
Total Revenues	126,745,000	136,882,000	134,722,000
Expenses
Property operating	19,542,000	22,151,000	22,235,000
Property taxes	23,464,000	23,363,000	21,167,000
Depreciation and amortization	29,187,000	27,930,000	28,327,000
General and administrative	10,643,000	9,405,000	9,223,000
Directors' fees and expenses	373,000	346,000	344,000
Total Operating Expenses	83,209,000	83,195,000	81,296,000
Operating Income	43,536,000	53,687,000	53,426,000
Non-Operating Income (Expense):
Interest expense	(13,508,000)	(14,102,000)	(13,678,000)
Equity in net income from unconsolidated joint ventures	1,433,000	1,241,000	2,085,000
Gain on sale of marketable securities	258,000	403,000	0
Interest, dividends and other investment income	398,000	403,000	350,000
Gain (loss) on sale of property	(6,047,000)	(19,000)	0
Net Income	26,070,000	41,613,000	42,183,000
Noncontrolling interests:
Net income attributable to noncontrolling interests	(3,887,000)	(4,333,000)	(4,716,000)
Net income attributable to Urstadt Biddle Properties Inc.	22,183,000	37,280,000	37,467,000
Preferred stock dividends	(13,650,000)	(12,789,000)	(12,250,000)
Redemption of preferred stock	0	(2,363,000)	0
Net Income (Loss) Applicable to Common and Class A Common Stockholders	8,533,000	22,128,000	25,217,000
Common Stock [Member]
Noncontrolling interests:
Net Income (Loss) Applicable to Common and Class A Common Stockholders	$ 1,849,000	$ 4,659,000	$ 5,173,000
Basic Earnings Per Share:
Per Common Share (in dollars per share)	$ 0.20	$ 0.53	$ 0.61
Diluted Earnings Per Share:
Per Common Share (in dollars per share)	$ 0.20	$ 0.52	$ 0.60
Class A Common Stock [Member]
Noncontrolling interests:
Net Income (Loss) Applicable to Common and Class A Common Stockholders	$ 6,684,000	$ 17,469,000	$ 20,044,000
Basic Earnings Per Share:
Per Common Share (in dollars per share)	$ 0.23	$ 0.59	$ 0.68
Diluted Earnings Per Share:
Per Common Share (in dollars per share)	$ 0.22	$ 0.58	$ 0.67

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]
Net Income	$ 26,070	$ 41,613	$ 42,183
Other comprehensive loss:
Change in unrealized gain on marketable equity securities	0	0	569
Change in unrealized gain (loss) on interest rate swaps	(6,546)	(13,651)	4,155
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period for Equity Investee Companies - Net Of Tax	(710)	(1,697)	0
Total comprehensive income (loss)	18,814	26,265	46,907
Comprehensive income attributable to noncontrolling interests	(3,887)	(4,333)	(4,716)
Total comprehensive income (loss) attributable to Urstadt Biddle Properties Inc.	14,927	21,932	42,191
Preferred stock dividends	(13,650)	(12,789)	(12,250)
Redemption of preferred stock	0	(2,363)	0
Total comprehensive income (loss) applicable to Common and Class A Common Stockholders	$ 1,277	$ 6,780	$ 29,941

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Cash Flows from Operating Activities:
Net Income	$ 26,070,000	$ 41,613,000	$ 42,183,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	29,187,000	27,930,000	28,327,000
Straight-line rent adjustment	(2,641,000)	(914,000)	(957,000)
Provisions for tenant credit losses	6,244,000	956,000	859,000
Restricted stock compensation expense and other adjustments	5,448,000	4,381,000	4,085,000
Deferred compensation arrangement	(33,000)	(19,000)	(24,000)
(Gain) on sale of marketable securities	(258,000)	(403,000)	0
(Gain) loss on sale of properties	6,047,000	19,000	0
Equity in net (income) of unconsolidated joint ventures	(1,433,000)	(1,241,000)	(2,085,000)
Distributions of operating income from unconsolidated joint ventures	1,433,000	1,241,000	2,085,000
Changes in operating assets and liabilities:
Tenant receivables	(6,715,000)	(314,000)	(956,000)
Accounts payable and accrued expenses	609,000	(8,142,000)	161,000
Other assets and other liabilities, net	(2,075,000)	7,210,000	(2,094,000)
Net Cash Flow Provided by Operating Activities	61,883,000	72,317,000	71,584,000
Cash Flows from Investing Activities:
Acquisitions of real estate investments	0	(11,751,000)	(6,910,000)
Investments in and advances to unconsolidated joint ventures	0	(574,000)	0
Deposits on acquisition of real estate investment	(1,030,000)	0	0
Deposits on real estate investments	530,000	0	(1,000,000)
Improvements to properties and deferred charges	(22,336,000)	(18,681,000)	(8,184,000)
Proceeds from sale of property	3,732,000	3,372,000	0
Purchase of available for sale securities	(6,983,000)	0	(4,999,000)
Proceeds from the sale of available for sale securities	7,240,000	5,970,000	0
Return of capital from unconsolidated joint ventures	27,000	6,925,000	553,000
Net Cash Flow (Used in) Investing Activities	(18,820,000)	(14,739,000)	(20,540,000)
Cash Flows from Financing Activities:
Dividends paid - Common and Class A Common Stock	(30,018,000)	(42,600,000)	(41,626,000)
Dividends paid - Preferred Stock	(14,188,000)	(12,789,000)	(12,250,000)
Principal amortization repayments on mortgage notes payable	(7,089,000)	(6,441,000)	(6,427,000)
Proceeds from mortgage note payable and other loans	0	47,000,000	10,000,000
Repayment of mortgage note payable and other loans	0	(27,001,000)	(17,624,000)
Proceeds from revolving credit line borrowings	35,000,000	25,500,000	33,595,000
Sales of additional shares of Common and Class A Common Stock	149,000	193,000	196,000
Repayment of revolving credit line borrowings	0	(54,095,000)	(9,000,000)
Acquisitions of noncontrolling interests	(758,000)	(5,134,000)	(1,220,000)
Distributions to noncontrolling interests	(3,887,000)	(4,333,000)	(4,716,000)
Repurchase of shares of Class A Common Stock	0	0	(120,000)
Payment of taxes on shares withheld for employee taxes	(573,000)	(270,000)	(241,000)
Net proceeds from issuance of Preferred Stock	17,000	106,186,000	0
Redemption of preferred stock	(75,000,000)	0	0
Net Cash Flow (Used in) Financing Activities	(96,347,000)	26,216,000	(49,433,000)
Net Increase/(Decrease) In Cash and Cash Equivalents	(53,284,000)	83,794,000	1,611,000
Cash and Cash Equivalents at Beginning of Year	94,079,000	10,285,000	8,674,000
Cash and Cash Equivalents at End of Year	$ 40,795,000	$ 94,079,000	$ 10,285,000

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Preferred Stock [Member]6.75% Series G Cumulative Preferred Stock [Member]	Preferred Stock [Member]6.25% Series H Preferred Stock [Member]	Preferred Stock [Member]5.875% Series K Cumulative Preferred Stock [Member]	Common Stock [Member]	Common Stock [Member]Common Stock [Member]	Common Stock [Member]Class A Common Stock [Member]	Additional Paid In Capital [Member]	Cumulative Distributions in Excess of Net Income [Member]	Cumulative Distributions in Excess of Net Income [Member]Common Stock [Member]	Cumulative Distributions in Excess of Net Income [Member]Class A Common Stock [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total	Common Stock [Member]	Class A Common Stock [Member]
Balance at Oct. 31, 2017	$ 75,000	$ 115,000	$ 0		$ 97	$ 297	$ 514,217	$ (120,123)			$ 2,742	$ 587,230
Balance (in shares) at Oct. 31, 2017	3,000,000	4,600,000	0		9,664,778	29,728,744
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income applicable to Common and Class A common stockholders								25,217				25,217	$ 5,173	$ 20,044
Change in unrealized gains on marketable securities											569	569
Change in unrealized gain (loss) on interest rate swaps including equity investee companies											4,155	4,155
Cash dividends paid:
Common stock				$ (9,426)					$ (9,426)	$ (32,200)				(32,200)
Issuance of shares under dividend reinvestment plan					$ 0	$ 0	197					197
Issuance of shares under dividend reinvestment plan (in shares)					4,528	5,766
Shares issued under restricted stock plan					$ 2	$ 1	(3)					0
Shares issued under restricted stock plan (in shares)					152,700	102,800
Shares withheld for employee taxes (in shares)						(10,886)
Shares withheld for employee taxes						$ 0	(240)					(240)
Forfeiture of restricted stock						$ 0	0					0
Forfeiture of restricted stock (in shares)						(4,950)
Restricted stock compensation and other adjustments							4,085					4,085
Repurchase of common stock						$ 0	(120)					(120)
Repurchase of common stock (in shares)						(6,660)
Adjustments to redeemable noncontrolling interests								2,674				2,674
Balance at Oct. 31, 2018	$ 75,000	$ 115,000	$ 0		$ 99	$ 298	518,136	(133,858)			7,466	582,141
Balance (in shares) at Oct. 31, 2018	3,000,000	4,600,000	0		9,822,006	29,814,814
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Cumulative Effect on Retained Earnings, Net of Tax								569			(569)	0
Net income applicable to Common and Class A common stockholders								22,128				22,128	4,659	17,469
Change in unrealized gains on marketable securities												0
Change in unrealized gain (loss) on interest rate swaps including equity investee companies											(15,348)	(15,348)
Cash dividends paid:
Common stock									(9,762)	(32,838)			(9,762)	(32,838)
Issuance of shares under dividend reinvestment plan					$ 0	$ 0	193					193
Issuance of shares under dividend reinvestment plan (in shares)					4,545	5,417
Shares issued under restricted stock plan					$ 2	$ 1	(3)					0
Shares issued under restricted stock plan (in shares)					137,200	111,450
Shares withheld for employee taxes (in shares)						(14,290)
Shares withheld for employee taxes						$ 0	(269)					(269)
Forfeiture of restricted stock						$ 0	0					0
Forfeiture of restricted stock (in shares)						(24,150)
Issuance of Preferred Stock			$ 110,000				(3,465)					106,535
Issuance of Preferred Stock (in shares)			4,400,000
Redemption of Preferred Stock Series	$ (75,000)						2,363					(72,637)
Redemption of Preferred Stock (in shares)	(3,000,000)
Restricted stock compensation and other adjustments							4,033					4,033
Adjustments to redeemable noncontrolling interests								(4,452)				(4,452)
Balance at Oct. 31, 2019	$ 0	$ 115,000	$ 110,000		$ 101	$ 299	520,988	(158,213)			(8,451)	579,724
Balance (in shares) at Oct. 31, 2019	0	4,600,000	4,400,000		9,963,751	29,893,241
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income applicable to Common and Class A common stockholders								8,533				8,533	1,849	6,684
Change in unrealized gains on marketable securities												0
Change in unrealized gain (loss) on interest rate swaps including equity investee companies											(7,256)	(7,256)
Cash dividends paid:
Common stock									$ (6,923)	$ (23,095)			$ (6,923)	$ (23,095)
Issuance of shares under dividend reinvestment plan					$ 0	$ 0	149					149
Issuance of shares under dividend reinvestment plan (in shares)					4,451	6,837
Shares issued under restricted stock plan					$ 1	$ 1	(2)					0
Shares issued under restricted stock plan (in shares)					105,450	120,800
Shares withheld for employee taxes (in shares)						(23,873)
Shares withheld for employee taxes						$ 0	(573)					(573)
Forfeiture of restricted stock						$ 0	0					0
Forfeiture of restricted stock (in shares)						(700)
Restricted stock compensation and other adjustments							5,465					5,465
Adjustments to redeemable noncontrolling interests								15,047				15,047
Balance at Oct. 31, 2020	$ 0	$ 115,000	$ 110,000		$ 102	$ 300	$ 526,027	$ (164,651)			$ (15,707)	$ 571,071
Balance (in shares) at Oct. 31, 2020	0	4,600,000	4,400,000		10,073,652	29,996,305

CONSOLIDATED STATEMENTS OF ST_2

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Preferred Stock [Member] | 6.75% Series G Cumulative Preferred Stock [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Preferred stock, dividend rate		6.75%	6.75%
Preferred Stock [Member] | 6.25% Series H Preferred Stock [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Preferred stock, dividend rate	6.25%	6.25%	6.25%
Preferred Stock [Member] | 5.875% Series K Cumulative Preferred Stock [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Preferred stock, dividend rate	5.875%	5.875%
Common Stock [Member] | Common Stock [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock, dividends per share declared (in dollars per share)	$ 0.6875	$ 0.98	$ 0.96
Common Stock [Member] | Class A Common Stock [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common stock, dividends per share declared (in dollars per share)	$ 0.77	$ 1.10	$ 1.08

ORGANIZATION, BASIS OF PRESENTA

ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Oct. 31, 2020
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 Maryland Corporation, is a real estate investment trust (REIT), 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, 2020, the Company owned or had equity interests in 81 properties containing a total of 5.3 million square feet of gross leasable area ("GLA"). COVID-19 Pandemic On March 11, 2020, the novel coronavirus disease (“COVID-19”) was declared a pandemic (“COVID-19 pandemic”) by the World Health Organization as the disease spread throughout the world. During March 2020, measures to prevent the spread of COVID-19 were initiated, primarily focused on social distancing practices. The virus continued to spread among more populated cities and communities resulting in federal, state and local government agencies issuing regulatory orders enforcing social distancing and limiting group gatherings in order to further prevent the spread of COVID-19. While laws vary by state, generally, businesses deemed essential to the public have been able to operate while non-essential businesses were initially not allowed to operate, but, in most instances, have now been allowed to operate at various operational levels. Grocery stores, pharmacies and wholesale clubs, which anchor properties that make up 84% of our GLA, are considered essential businesses and have remained open and operational to serve the residents of their communities throughout the entire pandemic. Many restaurants are also considered essential, although social distancing and group gathering limitations generally prevent or limit dine-in activity, forcing them to evaluate alternate means of operations, such as outdoor dining, delivery and pick-up, or to elect to remain closed during this pandemic. As of October 31, most non-essential businesses have also been permitted to operate, in some cases subject to modified operation procedures. The duration and severity of this pandemic are still uncertain and continue to evolve. As done every reporting period, management assesses whether there are any indicators that the value of its real estate investments may be impaired and has concluded that none of its investment properties are impaired at October 31, 2020. However, the COVID-19 pandemic has significantly impacted many of the retail sectors in which the Company’s tenants operate and if the effects of the pandemic are prolonged, it could have a significant adverse impact to the underlying businesses of many of the Company’s tenants. The Company will continue to monitor the economic, financial, and social conditions resulting from the COVID-19 pandemic and will continue to assess its asset portfolio for any impairment indicators. In addition, the extent to which the COVID-19 pandemic impacts the Company’s financial condition, results of operations and cash flows, in the near term, will depend on future developments, which are highly uncertain and cannot be predicted at this time. 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." 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. 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 2020 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, 2020. As of October 31, 2020, the fiscal tax years 2016 through and including 2019 remain open to examination by the Internal Revenue Service. There are currently no federal tax examinations in progress. Acquisitions of Real Estate Investments and Capitalization Policy Acquisition of Real Estate Investments: The Company evaluates each acquisition of real estate or in-substance real estate (including equity interests in entities that predominantly hold real estate assets) to determine if the integrated set of assets and activities acquired meet the definition of a business and need to be accounted as a business combination. If either of the following criteria is met, the integrated set of assets and activities acquired would not qualify as a business: ● Substantially all of the fair value of the gross assets acquired is concentrated in either a single identifiable asset or a group of similar identifiable assets; or ● The integrated set of assets and activities is lacking, at a minimum, an input and a substantive process that together significantly contribute to the ability to create outputs (i.e. revenue generated before and after the transaction). An acquired process is considered substantive if: ● The process includes an organized workforce (or includes an acquired contract that provides access to an organized workforce), that is skilled, knowledgeable, and experienced in performing the process; ● The process cannot be replaced without significant cost, effort, or delay; or ● The process is considered unique or scarce. Generally, the Company expects that acquisitions of real estate or in-substance real estate will not meet the definition of a business because substantially all of the fair value is concentrated in a single identifiable asset or group of similar identifiable assets (i.e. land, buildings, and related intangible assets) or because the acquisition does not include a substantive process in the form of an acquired workforce or an acquired contract that cannot be replaced without significant cost, effort or delay. Acquisitions of real estate and in-substance real estate which do not meet the definition of a business are accounted for as asset acquisitions. The accounting model for asset acquisitions is similar to the accounting model for business combinations except that the acquisition consideration (including acquisition costs) is allocated to the individual assets acquired and liabilities assumed on a relative fair value basis. As a result, asset acquisitions do not result in the recognition of goodwill or a bargain purchase gain. The relative fair values used to allocate the cost of an asset acquisition are determined using the same methodologies and assumptions as the Company utilizes to determine fair value in a business combination. The value of tangible assets acquired is based upon our estimation of value on an “as if vacant” basis. The value of acquired in-place leases includes the estimated costs during the hypothetical lease-up period and other costs that would have been incurred in the execution of similar leases under the market conditions at the acquisition date of the acquired in-place lease. We assess the fair value of tangible and intangible assets based on numerous factors, including estimated cash flow projections that utilize appropriate discount and capitalization rates and available market information. Estimates of future cash flows are based on a number of factors, including the historical operating results, known trends, and market/economic conditions that may affect the property. The values of acquired above and below-market leases, which are included in prepaid expenses and other assets and other liabilities, respectively, are amortized over the terms of the related leases and recognized as either an increase (for below-market leases) or a decrease (for above-market leases) to rental revenue. The values of acquired in-place leases are classified in other assets in the accompanying consolidated balance sheets and amortized over the remaining terms of the related leases. Capitalization Policy: Land, buildings, property improvements, furniture/fixtures and tenant improvements are recorded at cost. Expenditures for maintenance and repairs are charged to operations as incurred. Renovations and/or replacements, which improve or extend the life of the asset, are capitalized and depreciated over their estimated useful lives. 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. Sale of Investment Property and Property Held for Sale The Company reports properties that are either disposed of or are classified as held for sale in continuing 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. In January 2020, the Company entered into a purchase and sale agreement, subject to certain conditions, to sell a 29,000 square foot portion of its property located in Pompton Lakes, NJ (the "Pompton Lakes Property") to an unrelated third party for a sale price of $2.8 million. In accordance with ASC Topic 360-10-45, that portion of the property met all the criteria to be classified as held for sale in September of fiscal 2020, and accordingly the Company recorded a loss on property held for sale of $5.7 million, which loss was included in continuing operations in the consolidated statement of income for the year ended October 31, 2020. The amount of the loss represented the net carrying amount of that portion of the property over the fair value of that portion of the asset less estimated cost to sell. The net book value of that portion of the Pompton Lakes Property was insignificant to financial statement presentation and, as a result, the Company did not include that portion of the asset as held for sale on its consolidated balance sheet at October 31, 2020. In December 2020, the sale of that portion of the property was completed. In January 2020, the Company sold for $1.3 million its retail property located in Carmel, NY (the "Carmel Property"), as that property no longer met the Company's investment objectives. In conjunction with the sale, the Company realized a loss on sale of the Carmel property in the amount of $242,000, which loss is included in continuing operations in the consolidated statement of income for the year ended October 31, 2020. In August 2019, the Company entered into a purchase and sale agreement to sell its property located in Bernardsville, NJ (the "Bernardsville Property"), to an unrelated third party for a sale price of $2.7 million as that property no longer met its investment objectives. In accordance with ASC Topic 360-10-45, the property met all the criteria to be classified as held for sale in the fourth quarter of fiscal 2019, and accordingly the Company recorded a loss on property held for sale of $434,000, which loss was included in continuing operations in the consolidated statement of income for the year ended October 31, 2019. The amount of the loss represented the net carrying amount of the property over the fair value of the asset less estimated cost to sell. The net book value of the Bernardsville Property was insignificant to financial statement presentation and as a result the Company did not include the asset as held for sale on its consolidated balance sheet at October 31, 2019. In December 2019 (fiscal 2020), the Bernardsville Property sale was completed and the Company realized an additional loss on sale of property of $86,000, which loss is included in continuing operations in the consolidated statement of income for the year ended October 31, 2020. In June 2019, the Company sold for $3.7 million its property located in Monroe, CT (the "Monroe Property"), as that property no longer met the Company's investment objectives. In conjunction with the sale the Company realized a gain on sale of property in the amount of $416,000, which is included in continuing operations in the consolidated statement of income for the year ended October 31, 2019. The combined operating results of the Monroe Property, the Bernardsville Property, the Carmel Property and the sold portion of the Pompton Lakes properties, which are included in continuing operations, were as follows (amounts in thousands): Year Ended October 31, 2020 2019 2018 Revenues $ 17 $ 612 $ 666 Property operating expense (282 ) (629 ) (691 ) Depreciation and amortization (219 ) (393 ) (417 ) Net Income (loss) $ (484 ) $ (410 ) $ (442 ) Deferred Charges Deferred charges consist principally of leasing commissions (which are amortized ratably over the life of the tenant leases). Deferred charges in the accompanying consolidated balance sheets are shown at cost, net of accumulated amortization of $5,115,000 and $4,861,000 as of October 31, 2020 and 2019, 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. As of October 31, 2020, management does not believe that the value of any of its real estate investments is impaired. However, as described above, the COVID-19 pandemic has significantly impacted many of the retail sectors in which the Company’s tenants operate and if the effects of the pandemic are prolonged, it could have a significant adverse impact to the underlying businesses of many of the Company’s tenants. The Company will continue to monitor the economic, financial, and social conditions resulting from the COVID-19 pandemic and will continue to assess its asset portfolio for any impairment indicators. Lease Income, Revenue Recognition and Tenant Receivables Lease Income: The Company leases space to tenants under agreements with varying terms that generally provide for fixed payments of base rent, with designated increases over the term of the lease. Some of the lease agreements contain provisions that provide for additional rents based on tenants' sales volume ("percentage rent"). Percentage rents are recognized when the tenants achieve the specified targets as defined in their lease agreements. Additionally, most all lease agreements contain provisions for reimbursement of the tenants' share of actual real estate taxes, insurance and Common Area Maintenance ("CAM") costs (collectively, "Recoverable Costs") incurred. Lease terms generally range from to years for tenant spaces under square feet (“Shop Space”) and in excess of years for spaces greater than square feet (“Anchor Spaces”). Many leases also provide the option for the tenants to extend their lease beyond the initial term of the lease. If the tenants do not exercise renewal options and the leases mature, the tenants must relinquish their space so it can be leased to a new tenant, which generally involves some level of cost to prepare the space for re-leasing. These costs are capitalized and depreciated over the shorter of the life of the subsequent lease or the life of the improvement. On , the Company adopted the new accounting guidance in ASC Topic , "Leases," including all related Accounting Standard Updates (“ASU's”). The Company elected to use the modified retrospective transition method provided in ASU (the "adoption date method"). Under this method, the effective date of is the date of initial application. In connection with the adoption of ASC Topic , the Company elected a package of practical expedients, transition options, and accounting policy elections as follows: ● Package of practical expedients - applied to all leases, allowing the Company not to reassess (i) whether expired or existing contracts contain leases under the new definition of a lease, (ii) lease classification for expired or existing leases, and (iii) whether previously capitalized initial direct costs would qualify for capitalization under Topic 842; and ● Lessor separation and allocation practical expedient - the Company elected, as lessor, to aggregate non-lease components with the related lease component if certain conditions are met, and account for the combined component based on its predominant characteristic, which generally results in combining lease and non-lease components of its tenant lease contracts to a single line shown as lease income in the accompanying consolidated statements of income. The Company's existing leases were not re-evaluated and continue to be classified as operating leases, as per the practical expedient package elected above. New and modified leases will now require evaluation of specific classification criteria, which, based on the customary terms of the Company's leases, should continue to be classified as operating leases. However, certain longer-term leases (both lessee and lessor leases) may be classified as direct financing or sales type leases, which may result in selling profit and an accelerated pattern of earnings recognition. CAM is a non-lease component of the lease contract under ASC Topic , and therefore would be accounted for under ASC Topic , "Revenue from Contracts with Customers," and presented separate from lease income in the accompanying consolidated statements of income, based on an allocation of the overall contract price, which is not necessarily the amount that would be billable to the tenants for CAM reimbursements per the terms of the lease contract. As the timing and pattern of providing the CAM service to the tenant is the same as the timing and pattern of the tenants' use of the underlying lease asset, the Company elected, as part of the package of practical expedients, to combine CAM with the remaining lease components, along with tenants' reimbursement of real estate taxes and insurance, and recognize them together as lease income in the accompanying Statements of Income. Lease income for operating leases with fixed payment terms is recognized on a straight-line basis over the expected term of the lease for all leases for which collectability is considered probable at the commencement date. At lease commencement, the Company expects that collectability is probable for all of its leases due to the Company’s credit checks on tenants and other creditworthiness analysis undertaken before entering into a new lease; therefore, income from all operating leases is initially recognized on a straight-line basis. Lease income each period is reduced by amounts considered uncollectable on a lease-by-lease basis, with any changes in collectability assessments recognized as a current period adjustment to lease income. For operating leases in which collectability of lease income is not considered probable, lease income is recognized on a cash basis and all previously recognized uncollectable lease income, including straight-line rental income, is reversed in the period in which the lease income is determined not to be probable of collection. ASC Topic also changes the treatment of leasing costs, such that non-contingent internal leasing and legal costs associated with leasing activities can longer be capitalized. The Company, as a lessor, may only defer as initial direct costs the incremental costs of a tenant operating lease that would not have been incurred if the lease had not been obtained. These costs generally include party broker payments, which are capitalized to deferred costs in the accompanying consolidated balance sheets and amortized over the expected term of the lease to depreciation and amortization expense in the accompanying consolidated statements of income. There was change to operating income upon the adoption of ASC Topic and related ASU's. COVID -19 Pandemic Beginning in , many of the Company's properties were, and continue to be, negatively impacted by the COVID pandemic, as state governments mandated the closure of non-essential businesses to prevent the spread of COVID , forcing many of our tenants’ businesses to close or reduce operations. As a result, of approximately tenants in the Company's consolidated portfolio, representing square feet and approximately of the Company's annualized base rent, have asked for some type of rent deferral or concession. S ubsequently, approximately of the tenants withdrew their requests for rent relief or paid their rent in full. The Company has, and will continue to evaluate each request on a case-by-case basis to determine an appropriate course of action, recognizing that in many cases some type of concession may be appropriate and beneficial to the long-term interests of the Company. In evaluating these requests, the Company has been and will continue to consider many factors, including the tenant's financial strength, the tenant's operating history, potential co-tenancy impacts, the tenant's contribution to the shopping center in which it operates, the Company's assessment of the tenant's long-term viability, the difficulty or ease with which the tenant could be replaced and other factors. Each negotiation is specific to the tenant making the request. The primary strategy of the Company is that most of these concessions will be in the form of deferred rent for some portion of rents due in through to be paid over a later part of the lease, preferably within a period of year or less, but in some instances the Company determined that it was more appropriate to abate some portion of base rents for some tenants between and . As of , the Company has completed lease modifications, consisting of base rent deferrals totaling $ and rent abatements totaling $ million as of . The Company has increased its uncollectable amounts in lease income for the year ended for tenants it felt were affected by the COVID pandemic (see below and in Note ). In , in response to the COVID pandemic, the FASB staff issued guidance that it would be acceptable for entities to make an election to account for lease concessions related to the effects of the COVID pandemic consistent with how those concessions would be accounted for under Topic , as if enforceable rights and obligations for those concessions existed (regardless of whether those enforceable rights and obligations for the concessions explicitly exist in the lease contract). Consequently, for concessions related to the effects of the COVID pandemic, an entity will not have to analyze each lease contract to determine whether enforceable rights and obligations for concessions exist in the lease contract and may elect to apply or not apply the lease modification guidance in Topic to those contracts. This election is available for concessions related to the effects of the COVID pandemic that do not result in a substantial increase in the rights of the lessor or the obligations of the lessee. For example, this election is available for concessions that result in the total payments required by the modified contract being substantially the same as or less than total payments required by the original contract. The FASB staff expects that reasonable judgment will be exercised in making those determinations. Some concessions will provide a deferral of payments with substantive changes to the consideration in the original lease contract. A deferral affects the timing, but the amount of the consideration is substantially the same as that required by the original lease contract. The FASB staff expects that there will be multiple ways to account for those deferrals, of which the staff believes are preferable over others. The Company has made the election not to analyze each lease contract, and believes that, based on FASB guidance, the appropriate way to account for the concessions as described above is to account for such concessions as if change to the lease contracts were made. Under that accounting, a lessor would increase its lease receivable (straight-line rents receivable) and would continue to recognize income during the deferral period, assuming that the collectability of the future rents under the lease contract are considered collectable. If it is determined that the future rents of any lease contract are not collectable, the Company would treat that lease contract on a cash basis as defined in ASC Topic . When collection of substantially all lease payments during the lease term is not considered probable, total lease revenue is limited to the lesser of revenue recognized under accrual accounting or cash received. Determining the probability of collection of substantially all lease payments during a lease term requires significant judgment. This determination is impacted by numerous factors, including our assessment of the tenant’s credit worthiness, economic conditions, tenant sales productivity in that location, historical experience with the tenant and tenants operating in the same industry, future prospects for the tenant and the industry in which it operates, and the length of the lease term. If leases currently classified as probable are subsequently reclassified as not probable, any outstanding lease receivables (including straight-line rent receivables) would be written-off with a corresponding decrease in lease income. The Company anticipates that its variable lease income represented by the reimbursement of CAM and real estate taxes will not be materially affected for most national tenants and tenants with higher levels of credit and balance sheet resources. For smaller local tenants and tenants with fewer resources, the Company has reduced its accruals for CAM and real estate taxes in anticipation of potentially having to reduce the amounts billed to these tenants at the end of calendar . This has had the effect of reducing this portion of lease income for the year ended . Revenue Recognition In those instances in which the Company funds tenant improvements and the improvements are deemed to be owned by the Company, revenue recognition on operating leases 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. 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 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 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 U.S. GAAP have been met. Percentage rent is recognized when a specific tenant’s sales breakpoint is achieved. Tenant Receivables The actions taken by federal, state and local governments to mitigate the spread of COVID , initially by ordering closures of non-essential businesses and ordering residents to generally stay at home, and subsequent phased re-openings have resulted in many of our tenants temporarily or even permanently closing their businesses, and for some, it had impacted their ability to pay rent. As a result, in accordance with ASC Topic , we revised our collectability assumptions for many of our tenants that were most significantly impacted by COVID . Accordingly, during the , we recognized collectability related adjustments totaling $ . This amount includes changes in our collectability assessments for certain tenants in our portfolio from probable to not probable, which requires that revenue recognition for those tenants be converted to cash basis accounting with previously uncollected billed rents reversed in the current period. This resulted in a reduction of lease income for the year ended in the amount of $ related to tenants whose assessment of collectability was changed from probable to not probable. In addition, the Company wrote-off $ million of previously recorded straight-line rent receivables related to tenants whose assessment of collectability was changed from probable to not probable. As of , the revenue from approximately of our tenants (based on total commercial leases) is being recognized on a cash basis. At and , $ and $ , respectively, have been recognized as straight-line rents receivable (representing the current 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. The Company provides an allowance for doubtful accounts against the portion of tenant receivables that is estimated to be uncollectable. Such allowances are reviewed periodically. At and , tenant receivables in the accompanying consolidated balance sheets are shown net of allowances for doubtful ac

REAL ESTATE INVESTMENTS

REAL ESTATE INVESTMENTS	12 Months Ended
	Oct. 31, 2020
REAL ESTATE INVESTMENTS [Abstract]
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, 2020 and 2019 (in thousands): Consolidated Investment Properties Unconsolidated Joint Ventures 2020 Totals 2019 Totals Retail $ 880,838 $ 28,679 $ 909,517 $ 920,261 Office 7,019 - 7,019 9,729 Total $ 887,857 $ 28,679 $ 916,536 $ 929,990 The Company's investments at October 31, 2020 consisted of equity interests in 81 properties. The 81 properties 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. 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.

INVESTMENT PROPERTIES

INVESTMENT PROPERTIES	12 Months Ended
	Oct. 31, 2020
INVESTMENT PROPERTIES [Abstract]
INVESTMENT PROPERTIES	(3) INVESTMENT PROPERTIES The components of the properties consolidated in the financial statements are as follows (in thousands): October 31, 2020 2019 Land $ 236,654 $ 238,766 Buildings and improvements 912,528 903,004 1,149,182 1,141,770 Accumulated depreciation (261,325 ) (241,154 ) $ 887,857 $ 900,616 Space at the Company's properties is generally leased to various individual tenants under short and intermediate-term leases which are accounted for as operating leases. 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, 2020. Significant Investment Property Acquisition Transactions In December 2018, the Company purchased Lakeview Plaza Shopping Center ("Lakeview") for $12.0 million (exclusive of closing costs). Lakeview is a 177,000 square foot grocery-anchored shopping center located in Putnam County, NY. In addition, the Company invested an additional $5.8 million for capital improvements, predominantly related to re-building a retaining wall at the back of the property, which has been added to the cost of the property. The Company funded the purchase and capital improvements made subsequent to the purchase with available cash and borrowings on its unsecured revolving credit facility (the "Facility"). The Company accounted for the purchase of Lakeview as an asset acquisition and allocated the total consideration transferred for the acquisition, including transaction costs, to the individual assets and liabilities acquired on a relative fair value basis. The financial information set forth below summarizes the Company’s purchase price allocation for the properties acquired during the fiscal year ended October 31, 2019 (in thousands). Lakeview Assets: Land $ 2,025 Building and improvements $ 10,620 In-place leases $ 772 Above market leases $ 459 Liabilities: In-place leases $ - Below market leases $ 1,123 The value of above and below market leases are amortized as a reduction/increase to base rental revenue over the term of the respective leases. The value of in-place leases described above are amortized as an expense over the terms of the respective leases. For the fiscal year ended October 31, 2020, 2019 and 2018, the net amortization of above-market and below-market leases was approximately $706,000, $614,000 and $1,209,000, respectively, which is included in base rents in the accompanying consolidated statements of income. In Fiscal 2020, the Company incurred costs of approximately $22.3 million related to capital improvements and leasing costs to its properties. Included in the aforementioned amount were $11.3 million in capital improvement costs related to the construction of the Company's ongoing development in Stratford, Connecticut.

MORTGAGE NOTES PAYABLE, BANK LI

MORTGAGE NOTES PAYABLE, BANK LINES OF CREDIT AND OTHER LOANS	12 Months Ended
	Oct. 31, 2020
MORTGAGE NOTES PAYABLE, BANK LINES OF CREDIT AND OTHER LOANS
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, 2020, the Company has mortgage notes payable and other loans that are due in installments over various periods to fiscal 2031. The mortgage loans bear interest at rates ranging from 3.5% to 4.9% and are collateralized by real estate investments having a net carrying value of approximately $540.1 million. Combined aggregate principal maturities of mortgage notes payable during the next five years and thereafter are as follows (in thousands): Principal Repayments Scheduled Amortization Total 2021 $ - $ 7,252 $ 7,252 2022 49,486 6,500 55,986 2023 - 6,233 6,233 2024 18,710 6,289 24,999 2025 82,243 4,052 86,295 Thereafter 105,224 10,282 115,506 $ 255,663 $ 40,608 $ 296,271 The Company has a $100 million unsecured revolving credit facility with a syndicate of three banks led by The Bank of New York Mellon, as administrative agent. The syndicate also includes Wells Fargo Bank N.A. and Bank of Montreal (co-syndication agents). The Facility gives the Company the option, under certain conditions, to increase the Facility’s borrowing capacity up to $150 million (subject to lender approval). The maturity date of the Facility is August 23, 2021. Borrowings under the Facility can be used for general corporate purposes and the issuance of letters of credit (up to $10 million). Borrowings will bear interest at the Company’s option of Eurodollar rate plus 1.35% to 1.95% or The Bank of New York Mellon's prime lending rate plus 0.35% to 0.95% based on consolidated indebtedness, as defined. The Company pays a quarterly fee on the unused commitment amount of 0.15% to 0.25% per annum based on outstanding borrowings during the year. The Facility contains certain representations, 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. As of October 31, 2020, $64 million was available to be drawn on the Facility. During the fiscal years ended and , the Company borrowed $ million and million, respectively, on its Facility to . During the fiscal years ended , the Company re-paid million on its Facility . There were no repayments in the fiscal year ended . In March 2019, the Company refinanced its existing $14.9 million first mortgage secured by its Darien, CT property. The new mortgage has a principal balance of $25.0 million and has a term of 10 years and requires payments of principal and interest at the rate of LIBOR plus 1.65%. The Company also entered into an interest rate swap contract with the new lender, which converts the variable interest rate (based on LIBOR) to a fixed rate of 4.815% per annum. In March 2019, the Company refinanced its existing $9.1 million first mortgage secured by our Newark, NJ property. The new mortgage has a principal balance of $10.0 million, has a term of 10 years, and requires payments of principal and interest at a fixed rate of 4.63%. In June 2019, the Company placed a first mortgage on its Brewster, NY property. The new mortgage has a principal balance of $12.0 million, has a term of 10 years and requires payments of principal and interest at the rate of LIBOR plus 1.75%. Concurrent with entering into the mortgage, the Company also entered into an interest rate swap contract with the new lender, which converts the variable interest rate (based on LIBOR) to a fixed rate of 3.6325% per annum. Interest paid in the years ended October 31, 2020, 2019, and 2018 was approximately $13.3 million, $13.7 million and $13.4 million, respectively.

CONSOLIDATED JOINT VENTURES AND

CONSOLIDATED JOINT VENTURES AND REDEEMABLE NONCONTROLLING INTERESTS	12 Months Ended
	Oct. 31, 2020
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 five joint ventures, UB Orangeburg, LLC ("Orangeburg"), McLean Plaza Associates, LLC ("McLean"), UB Dumont I, LLC ("Dumont") and UB New City, LLC, each of which owns a commercial retail property, and UB High Ridge, LLC ("UB High Ridge"), which owns three commercial real estate properties. The Company has evaluated its investment in these five joint ventures and has concluded that these 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 these ventures and that the joint ventures should be consolidated into the consolidated financial statements of the Company in accordance with ASC Topic 810, "Consolidation." The Company’s investment in these consolidated joint ventures is more fully described below: UB Ironbound, L.P. ("Ironbound") In August 2019, the Company redeemed the remaining noncontrolling interest in Ironbound for $3.0 million. After the redemption the Company's ownership of Ironbound increased from 84% to 100%. Ironbound owns the Ferry Plaza grocery-anchored shopping center, located in Newark, NJ. Orangeburg The Company, through a wholly-owned subsidiary, is the managing member and owns a 44.6% interest in Orangeburg, which owns a drug store-anchored shopping center. 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, which amount is attributable to each unit of Orangeburg ownership. The annual cash distribution is paid from available cash, as defined, of Orangeburg. The balance of available cash, if any, is fully distributable to the Company. Upon liquidation, proceeds from the sale of Orangeburg assets are to be distributed in accordance with the operating agreement. The non-managing member is not obligated to make any additional capital contributions to the partnership. Orangeburg has a defined termination date of December 31, 2097. Since purchasing this property, the Company has made additional investments in the amount of $6.8 million in Orangeburg and as a result as of October 31, 2020 its ownership percentage has increased to 44.6% from approximately 2.92% at inception. McLean Plaza The Company, through a wholly-owned subsidiary, is the managing member and owns a 53% interest in McLean Plaza Associates, LLC, a limited liability company ("McLean"), which owns a grocery-anchored shopping center. The McLean operating agreement provides for the non-managing members to receive a fixed annual cash distribution equal to 5.05% of their invested capital. The annual cash distribution is paid from available cash, as defined, of McLean. The balance of available cash, if any, is fully distributable to the Company. Upon liquidation, proceeds from the sale of McLean assets are to be distributed in accordance with the operating agreement. The non-managing members are not obligated to make any additional capital contributions to the entity. UB High Ridge The Company is the managing member and owns a 16.3% interest in UB High Ridge, LLC. The Company's initial investment was $5.5 million, and the Company has purchased additional interests totaling $3.2 million and contributed $1.5 million in additional equity to the venture through October 31, 2020. UB High Ridge, either directly or through a wholly-owned subsidiary, owns three commercial real estate properties, High Ridge Shopping Center, a grocery-anchored shopping center ("High Ridge"), and two single tenant commercial retail properties, one leased to JP Morgan Chase ("Chase Property") and one leased to CVS ("CVS Property"). Two properties are located in Stamford, CT and one property is located in Greenwich, CT. High Ridge is a shopping center anchored by a Trader Joe's grocery store. The properties were contributed to the new entities by the former owners who received units of ownership of UB High Ridge equal to the value of properties contributed less liabilities assumed. The UB High Ridge operating agreement provides for the non-managing members to receive an annual cash distribution, currently equal to 4.58% of their invested capital. UB Dumont I, LLC The Company is the managing member and owns a 36.4% interest in UB Dumont I, LLC. The Company's initial investment was $3.9 million, and the Company has purchased additional interests totaling $630,000 through October 31, 2020. Dumont owns a retail and residential real estate property, which retail portion is anchored by a Stop & Shop grocery store. The property is located in Dumont, NJ. The property was contributed to the new entity by the former owners who received units of ownership of Dumont equal to the value of contributed property less liabilities assumed. The Dumont operating agreement provides for the non-managing members to receive an annual cash distribution, currently equal to 4.92% of their invested capital. UB New City I, LLC The Company is the managing member and owns an 84.3% equity interest in a joint venture, UB New City I, LLC. The Company's initial investment was $2.4 million, and the Company has purchased additional interests totaling $289,300 through October 31, 2020. New City owns a single tenant retail real estate property located in New City, NY, which is leased to a savings bank. In addition, New City rents certain parking spaces on the property to the owner of an adjacent grocery-anchored shopping center. The property was contributed to the new entity by the former owners who received units of ownership of New City equal to the value of contributed property. The New City operating agreement provides for the non-managing member to receive an annual cash distribution, currently equal to 5.00% of his invested capital. Noncontrolling interests: The Company accounts for noncontrolling interests in accordance with ASC Topic 810, “Consolidation.” Because the limited partners or noncontrolling members in Orangeburg, McLean, UB High Ridge, Dumont and New City have the right to require the Company to redeem all or a part of their limited partnership or limited liability company units for cash, or at the option of the Company shares of its Class A Common stock, 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, McLean and a portion of the UB High Ridge and Dumont redemptions are based solely on the price of the Company’s Class A Common stock on the date of redemption. For the years ended and , the Company increased/(decreased) the carrying value of the non-controlling interests by $ million and $ million, respectively, with the corresponding adjustment recorded in stockholders' equity. The following table sets forth the details of the Company's redeemable non-controlling interests (amounts in thousands): October 31, 2020 2019 Beginning Balance $ 77,876 $ 78,258 Partial redemption of UB High Ridge Noncontrolling Interest (560 ) (1,413 ) Partial redemption of Dumont Noncontrolling Interest - (630 ) Partial redemption of New City Noncontrolling Interest (198 ) (91 ) Redemption of Ironbound Noncontrolling Interest - (2,700 ) Change in Redemption Value (15,047 ) 4,452 Ending Balance $ 62,071 $ 77,876

INVESTMENTS IN AND ADVANCES TO

INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED JOINT VENTURES	12 Months Ended
	Oct. 31, 2020
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, 2020 and 2019, investments in and advances to unconsolidated joint ventures consisted of the following (with the Company's ownership percentage in parentheses) (amounts in thousands): October 31, 2020 2019 Chestnut Ridge Shopping Center (50.0%) $ 12,252 $ 12,048 Gateway Plaza (50%) 6,929 6,847 Putnam Plaza Shopping Center (66.67%) 2,599 3,446 Midway Shopping Center, L.P. (11.792%) 4,233 4,384 Applebee's at Riverhead (50%) 1,943 1,926 81 Pondfield Road Company (20%) 723 723 Total $ 28,679 $ 29,374 Chestnut Ridge The Company, through a wholly owned subsidiary, owns a 50% undivided tenancy-in-common equity interest in the 76,000 square foot Chestnut Ridge Shopping Center located in Montvale, New Jersey (“Chestnut”), which is anchored by a Fresh Market grocery store. Plaza 59 Shopping Center In fiscal 2019, the Company's wholly owned subsidiary that owned a 50% undivided tenancy-in-common interest in Plaza 59 and the other 50% tenancy-in-common owner of Plaza 59 sold the property to an unrelated third party for a sale price of $10.0 million. In accordance with ASC Topic 610-20, the property was de-recognized and the Company's 50% share of the loss on sale amounted to $462,000, which is included as a reduction of equity in net income from unconsolidated joint ventures on the Company's consolidated statement of income for the year ended October 31, 2019. Gateway Plaza and Applebee's at Riverhead The Company, through two wholly owned subsidiaries, owns a 50% undivided tenancy-in-common equity interest in the Gateway Plaza Shopping Center ("Gateway") and Applebee's at Riverhead ("Applebee's"). Both properties are located in Riverhead, New York (together the “Riverhead Properties”). Gateway, a 198,500 square foot Gateway is subject to an $11.6 million non-recourse first mortgage. The mortgage matures on March 1, 2024 and requires payments of principal and interest at a fixed rate of interest of 4.2% per annum. Putnam Plaza Shopping Center The Company, through a wholly owned subsidiary, owns a 66.67% undivided tenancy-in-common equity interest in the 189,000 square foot Putnam Plaza Shopping Center (“Putnam Plaza”), which is anchored by a Tops grocery store. Putnam Plaza has a first mortgage payable in the amount of $18.3 million. The mortgage requires monthly payments of principal and interest at a fixed rate of 4.81% and will mature in 2028 Midway Shopping Center, L.P. The Company, through a wholly owned subsidiary, owns an 11.792% equity interest in Midway Shopping Center L.P. (“Midway”), which owns a 247,000 square foot grocery-anchored shopping center in Westchester County, New York. Although the Company only has an 11.792% 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. 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 $25.7 million. The loan requires payments of principal and interest at the rate of 4.80% per annum and will mature in 2027 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. The Company accounts for the above investments under the equity method of accounting since it exercises significant influence, but does not control the joint ventures. The other venturers in the joint ventures have substantial participation rights in the financial decisions and operation of the ventures or properties, which preclude the Company from consolidating the investments. The Company has evaluated its investment in the joint ventures and has concluded that the joint 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.

LEASES

LEASES	12 Months Ended
	Oct. 31, 2020
LEASES [Abstract]
LEASES	(7) LEASES Lessor Accounting The Company's Lease income is comprised of both fixed and variable income, as follows: Fixed lease income includes stated amounts per the lease contract, which are primarily related to base rent. Income for these amounts is recognized on a straight-line basis for all leases for which collectability is considered probable at the commencement date of the lease. For operating leases in which collectability of the lease income is not considered probable, lease income is recognized on a cash basis and all previously recognized uncollectable lease income, including straight-line lease income is reversed in the period in which the lease income is determined not to be probable of collection. Variable lease income includes recoveries from tenants, which represents amounts that tenants are contractually obligated to reimburse the Company for the tenants’ portion of Recoverable Costs. Generally, the Company’s leases provide for the tenants to reimburse the Company for Recoverable Costs based on the tenants’ share of the actual costs incurred in proportion to the tenants’ share of leased space in the property. The following table provides a disaggregation of lease income recognized during the years ended October 31, 2020, 2019 and 2018, under ASC Topic 842, "Leases," as either fixed or variable lease income based on the criteria specified in ASC Topic 842 (in thousands): October 31 2020 2019 2018 Operating lease income: Fixed lease income (Base Rent) $ 98,678 $ 99,845 $ 95,734 Variable lease income (Recoverable Costs) 28,889 32,784 31,144 Other lease related income, net: Above/below market rent amortization 706 614 1,209 Uncollectable amounts in lease income (3,916 ) (956 ) (857 ) ASC Topic 842 cash basis lease income reversal (3,416 ) - - Total lease income $ 120,941 $ 132,287 $ 127,230 Future minimum rents under non-cancelable operating leases for the next five years and thereafter, excluding variable lease payments, are as follows (in thousands): Fiscal Year Ending 2021 (a) $ 99,312 2022 83,631 2023 67,486 2024 57,996 2025 45,831 Thereafter 215,138 Total $ 569,394 (a) The amounts above are based on existing leases in place at October 31, 2020.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Oct. 31, 2020
STOCKHOLDERS' EQUITY [Abstract]
STOCKHOLDERS' EQUITY	(8) STOCKHOLDERS' EQUITY Authorized Stock The Company's Charter authorizes up to 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 The 6.25% Series H Senior Cumulative Preferred Stock (the "Series H Preferred Stock") is nonvoting, has no stated maturity and is redeemable for cash at $25 per share at the Company's option on or after September 18, 2022. The holders of our Series H Preferred Stock have general preference rights with respect to liquidation and quarterly distributions. Except under certain conditions, holders of the Series H Preferred Stock will not be entitled to vote on most matters. In the event of a cumulative arrearage equal to The Series K Senior Cumulative Preferred Stock ("Series K Preferred Stock") is non-voting, has no stated maturity and is redeemable for cash at $ per share at the Company's option on or after . The holders of our Series K Preferred Stock have general preference rights with respect to liquidation and quarterly distributions. Except under certain conditions, holders of the Series K Preferred Stock will not be entitled to vote on most matters. In the event of a cumulative arrearage equal to quarterly dividends, holders of Series K 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 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 K Preferred Stock will have the right to convert all or part of the shares of Series K 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 K Preferred Stock are reflected as a reduction of additional paid in capital. On October 1, 2019, we issued a notice of our intent to redeem, on November 1, 2019, all of the outstanding shares of our $25 per share Series G Cumulative Preferred Stock for $25 per share, which includes all unpaid dividends. As a result of our redemption notice we reduced net income applicable to Common and Class A Common stockholders by $2.4 million on our consolidated statement of income for the fiscal year ended October 31, 2019, which represents the difference between redemption value of the stock and carrying value, net of original deferred stock issuance costs. As of October 31, 2019, the Series G Preferred Stock was reclassified out of Stockholders' Equity to preferred stock called for redemption in the liability section of the Company's consolidated balance sheet. The Series G Cumulative Preferred Stock was redeemed on November 1, 2019. Common Stock The Class A Common Stock entitles the holder to 1/20 The following tables set forth the dividends declared per Common share and Class A Common share and tax status for Federal income tax purposes of the dividends paid during the fiscal years ended October 31, 2020 and 2019: Common Shares Class A Common Shares Dividend Payment Date Gross Dividend Paid Per Share Ordinary Income Capital Gain Non-Taxable Portion Gross Dividend Paid Per Share Ordinary Income Capital Gain Non-Taxable Portion January 17, 2020 $ 0.2500 $ 0.174386 $ (0.003376 ) $ 0.07899 $ 0.28 $ 0.1953 $ (0.0038 ) $ 0.0885 April 17, 2020 $ 0.2500 $ 0.174386 $ (0.003376 ) $ 0.07899 $ 0.28 $ 0.1953 $ (0.0038 ) $ 0.0885 July 17, 2020 $ 0.0625 $ 0.043597 $ (0.000844 ) $ 0.019747 $ 0.07 $ 0.0488 $ (0.0009 ) $ 0.0221 October 16, 2020 $ 0.1250 $ 0.087193 $ (0.001688 ) $ 0.039495 $ 0.14 $ 0.0977 $ (0.0019 ) $ 0.0442 $ 0.6875 $ 0.479562 $ (0.009284 ) $ 0.217222 $ 0.77 $ 0.5371 $ (0.0104 ) $ 0.2433 Common Shares Class A Common Shares Dividend Payment Date Gross Dividend Paid Per Share Ordinary Income Capital Gain Non-Taxable Portion Gross Dividend Paid Per Share Ordinary Income Capital Gain Non-Taxable Portion January 18, 2019 $ 0.245 $ 0.173355 $ 0.006156 $ 0.065489 $ 0.275 $ 0.1946 $ 0.0069 $ 0.0735 April 18, 2019 $ 0.245 $ 0.173355 $ 0.006156 $ 0.065489 $ 0.275 $ 0.1946 $ 0.0069 $ 0.0735 July 19, 2019 $ 0.245 $ 0.173355 $ 0.006156 $ 0.065489 $ 0.275 $ 0.1946 $ 0.0069 $ 0.0735 October 18, 2019 $ 0.245 $ 0.173355 $ 0.006156 $ 0.065489 $ 0.275 $ 0.1946 $ 0.0069 $ 0.0735 $ 0.98 $ 0.69342 $ 0.024624 $ 0.261956 $ 1.10 $ 0.7784 $ 0.0276 $ 0.294 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 2020, the Company issued 4,451 shares of Common Stock and 6,837 shares of Class A Common Stock (4,545 shares of Common Stock and 5,417 shares of Class A Common Stock in fiscal 2019) through the DRIP. As of October 31, 2020, there remained 329,410 shares of Common Stock and 380,896 shares of Class A Common Stock available for issuance under the DRIP. The Company has adopted a stockholder rights plan, pursuant to which each holder of Common Stock received a Common Stock right and each holder of Class A Common Stock received a Class A Common Stock right. The rights are not exercisable until the Distribution Date and will expire on November 11, 2028, unless earlier redeemed by the Company. If the rights become exercisable, each holder of a Common Stock right will be entitled to purchase from the Company one one hundredth of a share of Series I Participating Preferred Stock, and each holder of a Class A Common Stock right will be entitled to purchase from the Company one one hundredth of a share of Series J Participating Preferred Stock, in each case, at a price of , subject to adjustment. The “Distribution Date” will be the earlier to occur of the close of business on the tenth business day following: (a) a public announcement that an acquiring person has acquired beneficial ownership of Thereafter, if certain events occur, holders of Common Stock and Class A Common Stock, other than the acquiring person, will be entitled to purchase shares of Common Stock and Class A Common Stock, respectively, of the Company having a value equal to times the exercise price of the 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 The Board of Directors of the Company has approved a share repurchase program (“Current Repurchase Program”) for the repurchase of up to 2,000,000 shares, in the aggregate, of Common stock and Class A Common stock in open market transactions. For the year ended year ended October 31, 2020 and 2019, the Company did not repurchase any shares under the Current Repurchase Program. The Company has repurchased 195,413 shares of Class A Common Stock under the Current Repurchase Program. From the inception of all repurchase programs, the Company has repurchased 4,600 shares of Common Stock and 919,991 shares of Class A Common Stock.

STOCK COMPENSATION AND OTHER BE

STOCK COMPENSATION AND OTHER BENEFIT PLANS	12 Months Ended
	Oct. 31, 2020
STOCK COMPENSATION AND OTHER BENEFIT PLANS [Abstract]
STOCK COMPENSATION AND OTHER BENEFIT PLANS	(9) STOCK COMPENSATION AND OTHER BENEFIT PLANS Restricted Stock Plan The Company has a Restricted Stock Plan, as amended (the "Plan") that provides a form of equity compensation for employees of the Company. In March 2019, the stockholders of the Company approved an increase in the number of shares available for grant under the Plan by 1,000,000 shares. The Plan, which is administered by the Company's compensation committee, authorizes grants of up to an aggregate of 5,500,000 shares of the Company’s common equity consisting of 350,000 Common shares, 350,000 Class A Common shares and 4,800,000 shares, which at the discretion of the compensation committee, may be awarded in any combination of Class A Common shares or Common shares. In fiscal 2020, the Company awarded 105,450 shares of Common Stock and 120,800 shares of Class A Common Stock to participants in the Plan. The grant date fair value of restricted stock grants awarded to participants in 2020 was approximately $5.0 million. As of October 31, 2020, there was $12.7 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 4.8 years. For the years ended October 31, 2020, 2019 and 2018, amounts charged to compensation expense totaled $5,523,000, $4,336,000 and $4,394,000, respectively. The amount charged to compensation expense includes $ million related to the accelerated vesting of previously unamortized restricted stock compensation as the result of the death of our Chairman Emeritus, Charles J. Urstadt, in March 2020. A summary of the status of the Company's non-vested restricted stock awards as of October 31, 2020, and changes during the year ended October 31, 2020 is 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, 2019 1,146,100 $ 17.52 463,225 $ 21.07 Granted 105,450 $ 19.59 120,800 $ 23.96 Vested (327,000 ) $ 17.71 (92,375 ) $ 22.20 Forfeited - $ - (700 ) $ 23.23 Non-vested at October 31, 2020 924,550 $ 17.69 490,950 $ 21.56 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 $253,000, $224,000 and $220,000 in each of the three years ended October 31, 2020, 2019 and 2018, respectively. 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.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Oct. 31, 2020
FAIR VALUE MEASUREMENTS [Abstract]
FAIR VALUE MEASUREMENTS	(10) 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 for those interests based on the Company's Class A Common stock (level 1), contractual redemption prices per share as stated in governing agreements (level 2) or unobservable inputs considering the assumptions that market participants would make in pricing the obligations (level 3). The level 3 inputs used include an estimate of the fair value of the cash flow generated by the limited partnership or limited liability company in which the investor owns the joint venture units capitalized at prevailing market rates for properties with similar characteristics or located in similar areas. 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, 2020 and 2019, 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 and (amounts in thousands): Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) October 31, 2020 Liabilities: Interest Rate Swap Agreements $ 13,300 $ - $ 13,300 $ - Redeemable noncontrolling interests $ 62,071 $ 9,921 $ 51,604 $ 546 October 31, 2019 Liabilities: Interest Rate Swap Agreements $ 6,754 $ - $ 6,754 $ - Redeemable noncontrolling interests $ 77,876 $ 24,968 $ 52,362 $ 546 Fair market value measurements based upon Level 3 inputs changed (in thousands) from $2,768 at November 1, 2018 to $546 at October 31, 2019 as a result of a redemption of noncontrolling interest in Ironbound in August of fiscal 2019 in the amount of $2,700 and a $478 increase in the redemption value of the Company's noncontrolling interest in Ironbound in accordance with the application of ASC Topic 810. Fair Value of Financial Instruments The carrying values of cash and cash equivalents, 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 Facility is 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. The estimated fair value of mortgage notes payable and other loans was approximately $316 million and $311 million at October 31, 2020 and October 31, 2019, respectively. The estimated fair value of mortgage notes payable is based on discounting the future cash flows at a year-end risk adjusted borrowing rates 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. Although management is not aware of any factors that would significantly affect the estimated fair value amounts from October 31, 2019, 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, 2020
COMMITMENTS AND CONTINGENCIES [Abstract]
COMMITMENTS AND CONTINGENCIES	(11) 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 may ultimately 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, 2020, the Company had commitments of approximately $7.6 million for tenant-related obligations. During and subsequent to fiscal 2020, the world has continued to be impacted by the COVID-19 pandemic. It has created significant economic uncertainty and volatility. The extent to which the COVID-19 pandemic continues to impact the Company’s business, operations and financial results will depend on numerous evolving factors that the Company is not able to predict at this time, including the duration and scope of the pandemic, governmental, business and individual actions that have been and continue to be taken in response to the pandemic, the impact on economic activity from the pandemic and actions taken in response, the effect on the Company’s tenants and their businesses, the ability of tenants to make their rental payments and any additional closures of tenants’ businesses. Any of these events could materially adversely impact the Company’s business, financial condition, results of operations or stock price.

QUARTERLY RESULTS OF OPERATIONS

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)	12 Months Ended
	Oct. 31, 2020
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) [Abstract]
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)	(12) QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) The unaudited quarterly results of operations for the years ended October 31, 2020 and 2019 are as follows (in thousands, except per share data): Year Ended October 31, 2020 Year Ended October 31, 2019 Quarter Ended Quarter Ended Jan 31 Apr 30 Jul 31 Oct 31 Jan 31 Apr 30 Jul 31 Oct 31 Revenues $ 34,348 $ 31,280 $ 28,799 $ 32,318 $ 34,267 $ 34,105 $ 34,392 $ 34,117 Income from Continuing Operations $ 9,521 $ 7,240 $ 5,923 $ 3,386 $ 10,018 $ 9,960 $ 11,427 $ 10,208 Net Income Attributable to Urstadt Biddle Properties Inc. $ 8,483 $ 6,212 $ 4,988 $ 2,500 $ 8,917 $ 8,860 $ 10,333 $ 9,170 Preferred Stock Dividends (3,412 ) (3,413 ) (3,412 ) (3,413 ) (3,063 ) (3,062 ) (3,063 ) (3,601 ) Redemption of Preferred Stock - - - - - - - (2,363 ) Net Income (Loss) Applicable to Common and Class A Common Stockholders $ 5,071 $ 2,799 $ 1,576 $ (913 ) $ 5,854 $ 5,798 $ 7,270 $ 3,206 Per Share Data: Basic: Class A Common Stock $ 0.14 $ 0.07 $ 0.04 $ (0.02 ) $ 0.16 $ 0.16 $ 0.19 $ 0.09 Common Stock $ 0.12 $ 0.07 $ 0.04 $ (0.02 ) $ 0.14 $ 0.14 $ 0.17 $ 0.08 Diluted: Class A Common Stock $ 0.13 $ 0.07 $ 0.04 $ (0.02 ) $ 0.16 $ 0.15 $ 0.19 $ 0.08 Common Stock $ 0.12 $ 0.07 $ 0.04 $ (0.02 ) $ 0.14 $ 0.14 $ 0.17 $ 0.07 Amounts may not equal full year results due to rounding. Certain prior period amounts are reclassified to correspond to current period presentation.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Oct. 31, 2020
SUBSEQUENT EVENTS [Abstract]
SUBSEQUENT EVENTS	(13) SUBSEQUENT EVENTS On December 15, 2020, the Board of Directors of the Company declared cash dividends of $0.125 for each share of Common Stock and $0.14 for each share of Class A Common Stock. The dividends are payable on January 15, 2021 to stockholders of record on January 5, 2021. The Board of Directors also ratified the actions of the Company’s compensation committee authorizing awards of 105,850 shares of Common Stock and 125,800 shares of Class A Common Stock to certain officers, directors and employees of the Company effective January 4, 2021, pursuant to the Company’s restricted stock plan. The fair value of the shares awarded totaling $3.0 million will be charged to expense over the requisite service periods (see Note 1).

SCHEDULE III - REAL ESTATE AND

SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION	12 Months Ended
	Oct. 31, 2020
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION [Abstract]
SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION	URSTADT BIDDLE PROPERTIES INC. October 31, 2020 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 to Acquisition Amount at which Carried at Close of Period Description and Location Encumbrances Land Building & Improvements Land Building & Improvements Land Building & Improvements Totals Accumulated Depreciation (b) Date Constructed/Acquired Life on which depreciation for building and improvements in latest income statement is computed (c) Real Estate Subject to Operating Leases (a): Office Buildings: Greenwich, CT $ - $ 708 $ 1,641 $ - $ 258 $ 708 $ 1,899 $ 2,607 $ 898 2001 31.5 Greenwich, CT - 488 1,139 - 622 488 1,761 2,249 826 2000 31.5 Greenwich, CT - 570 2,359 - 1,219 570 3,578 4,148 1,607 1998 31.5 Greenwich, CT - 199 795 (1) 582 198 1,377 1,575 715 1993 31.5 Greenwich, CT - 111 444 1 331 112 775 887 402 1994 31.5 - 2,076 6,378 - 3,012 2,076 9,390 11,466 4,448 Retail Properties: Bronxville, NY - 60 239 95 771 155 1,010 1,165 279 2009 39 Yonkers, NY - 30 121 183 734 213 855 1,068 242 2009 39 Yonkers, NY - 30 121 85 341 115 462 577 131 2009 39 New Milford, CT - 2,114 8,456 71 609 2,185 9,065 11,250 2,918 2008 39 New Milford, CT - 4,492 17,967 166 3,500 4,658 21,467 26,125 5,943 2010 39 Newark, NJ 10,327 5,252 21,023 - 1,531 5,252 22,554 27,806 7,559 2008 39 Waldwick, NJ - 1,266 5,064 - 41 1,266 5,105 6,371 1,678 2007 39 Emerson NJ 256 3,633 14,531 - 1,808 3,633 16,339 19,972 5,771 2007 39 Pelham, NY - 1,694 6,843 - 149 1,694 6,992 8,686 2,577 2006 39 Stratford, CT 23,540 10,173 40,794 3,914 22,966 14,087 63,760 77,847 22,613 2005 39 Yorktown Heights, NY - 5,786 23,221 - 15,590 5,786 38,811 44,597 11,673 2005 39 Rye, NY - 909 3,637 - 376 909 4,013 4,922 1,726 2004 39 Rye, NY - 483 1,930 - 113 483 2,043 2,526 843 2004 39 Rye, NY - 239 958 - 64 239 1,022 1,261 417 2004 39 Rye, NY - 695 2,782 - 20 695 2,802 3,497 1,189 2004 39 Somers, NY - 4,318 17,268 - 412 4,318 17,680 21,998 7,800 2003 39 Westport, CT - 2,076 8,305 - 647 2,076 8,952 11,028 4,020 2003 39 Orange, CT - 2,320 10,564 - 6,008 2,320 16,572 18,892 5,395 2003 39 Stamford, CT 46,456 17,964 71,859 - 6,650 17,964 78,509 96,473 38,849 2002 39 Danbury, CT - 2,459 4,566 - 903 2,459 5,469 7,928 2,784 2002 39 Briarcliff, NY - 2,222 5,185 1,234 8,881 3,456 14,066 17,522 4,215 2001 40 Somers, NY - 1,833 7,383 - 3,661 1,833 11,044 12,877 5,433 1999 31.5 Briarcliff, NY - 380 1,531 - 143 380 1,674 2,054 945 1999 40 Briarcliff, NY 14,232 2,300 9,708 2 2,623 2,302 12,331 14,633 6,386 1998 40 Ridgefield, CT - 900 3,793 291 3,288 1,191 7,081 8,272 2,806 1998 40 Darien, CT 24,227 4,260 17,192 - 700 4,260 17,892 22,152 9,910 1998 40 Eastchester, NY - 1,500 6,128 - 2,929 1,500 9,057 10,557 4,724 1997 31 Danbury, CT - 3,850 15,811 - 5,206 3,850 21,017 24,867 14,067 1995 31.5 Carmel, NY - 1,488 5,973 - 339 1,488 6,312 7,800 3,873 1995 31.5 Somers, NY - 821 2,600 - 646 821 3,246 4,067 1,892 1992 31.5 Wayne, NJ - 2,492 9,966 - 6,312 2,492 16,278 18,770 8,190 1992 31 Newington, NH - 728 1,997 - (809) 728 1,188 1,916 885 1979 40 Katonah, NY - 1,704 6,816 - 56 1,704 6,872 8,576 1,863 2010 39 Fairfield, CT - 3,393 13,574 153 1,234 3,546 14,808 18,354 3,516 2011 39 New Milford, CT - 2,168 8,672 - 70 2,168 8,742 10,910 2,139 2011 39 Eastchester, NY - 1,800 7,200 78 470 1,878 7,670 9,548 1,741 2012 39 Orangetown, NY 6,067 3,200 12,800 30 7,591 3,230 20,391 23,621 3,905 2012 39 Greenwich, CT 4,342 1,600 6,401 28 677 1,628 7,078 8,706 1,485 2013 39 Various - 799 3,590 79 (59) 878 3,531 4,409 691 2013 39 Greenwich, CT 5,415 1,998 7,994 53 283 2,051 8,277 10,328 1,589 2013 39 New Providence, NJ 17,137 6,970 27,880 463 3,004 7,433 30,884 38,317 6,164 2013 39 Chester, NJ - 570 2,280 (34) (137) 536 2,143 2,679 434 2012 39 Bethel, CT - 1,800 7,200 (18) 24 1,782 7,224 9,006 1,253 2014 39 Bloomfield, NJ - 2,201 8,804 218 2,023 2,419 10,827 13,246 1,804 2014 39 Boonton, NJ 6,761 3,670 14,680 14 209 3,684 14,889 18,573 2,614 2014 39 Yonkers, NY 5,000 3,060 12,240 333 1,331 3,393 13,571 16,964 2,098 2014 39 Greenwich, CT 7,374 3,223 12,893 6 263 3,229 13,156 16,385 2,066 2014 40 Greenwich, CT 14,313 6,257 25,029 27 886 6,284 25,915 32,199 4,021 2014 40 Midland Park, NJ 19,308 8,740 34,960 (44) 568 8,696 35,528 44,224 5,490 2015 39 Pompton Lakes, NJ 18,238 8,140 32,560 (1,250) (4,083) 6,890 28,477 35,367 4,321 2015 39 Wyckoff, NJ 7,665 3,490 13,960 17 206 3,507 14,166 17,673 2,152 2015 39 Kinnelon, NJ 10,202 4,540 18,160 (28) 3,980 4,512 22,140 26,652 4,538 2015 39 Fort Lee, NJ - 798 3,192 (14) (55) 784 3,137 3,921 436 2015 39 Harrison, NY - 2,000 8,000 (10) 1,405 1,990 9,405 11,395 1,174 2015 39 Stamford, CT 20,773 12,686 32,620 - 931 12,686 33,551 46,237 3,643 2016 39 Stamford, CT - 3,691 9,491 - 86 3,691 9,577 13,268 1,007 2016 39 Derby, CT - 651 7,652 - 206 651 7,858 8,509 786 2017 39 Passaic, NJ 3,224 2,039 5,616 1 1,568 2,040 7,184 9,224 621 2017 39 Stamford, CT (HRC) 9,411 17,178 43,677 - 584 17,178 44,261 61,439 4,115 2017 39 Stamford, CT (HRChase) - 2,376 1,458 - - 2,376 1,458 3,834 134 2017 39 Old Greenwich , CT (HRCVS) 1,092 2,295 2,700 - 4 2,295 2,704 4,999 249 2017 39 Waldwick, NJ - 2,761 5,571 1 260 2,762 5,831 8,593 492 2017 39 Dumont, NJ 9,438 6,646 15,341 3 284 6,649 15,625 22,274 1,305 2017 39 Ridgefield, CT - 293 2,782 - 441 293 3,223 3,516 260 2017 39 Yonkers, NY - 7,525 5,920 1 276 7,526 6,196 13,722 424 2017 39 New City, NY - 2,494 631 12 4 2,506 635 3,141 39 2017 39 Brewster, NY 11,473 4,106 10,620 2,789 916 6,895 11,536 18,431 575 2019 39 296,271 225,629 780,480 8,949 122,658 234,578 903,138 1,137,716 256,877 Total $ 296,271 $ 227,705 $ 786,858 $ 8,949 $ 125,670 $ 236,654 $ 912,528 $ 1,149,182 $ 261,325 URSTADT BIDDLE PROPERTIES INC. October 31, 2020 SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION - CONTINUED (In thousands) Year Ended October 31, NOTES: 2020 2019 2018 (a) RECONCILIATION OF REAL ESTATE-OWNED SUBJECT TO OPERATING LEASES Balance at beginning of year $ 1,141,770 $ 1,118,075 $ 1,090,402 Property improvements during the year 24,443 18,372 7,781 Properties acquired during the year - 12,643 22,517 Properties sold during the year (11,335 ) (4,395 ) - Property assets fully depreciated and written off (5,696 ) (2,925 ) (2,625 ) Balance at end of year (e) $ 1,149,182 $ 1,141,770 $ 1,118,075 (b) RECONCILIATION OF ACCUMULATED DEPRECIATION Balance at beginning of year $ 241,154 $ 218,653 $ 195,020 Provision during the year charged to income (d) 27,438 26,427 26,258 Property sold during the year (1,571 ) (1,001 ) - Property assets fully depreciated and written off (5,696 ) (2,925 ) (2,625 ) Balance at end of year $ 261,325 $ 241,154 $ 218,653 (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 $868 million at October 31, 2020.

ORGANIZATION, BASIS OF PRESEN_2

ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Oct. 31, 2020
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." 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. 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 2020 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, 2020. As of October 31, 2020, the fiscal tax years 2016 through and including 2019 remain open to examination by the Internal Revenue Service. There are currently no federal tax examinations in progress.
Acquisitions of Real Estate Investments and Capitalization Policy	Acquisitions of Real Estate Investments and Capitalization Policy Acquisition of Real Estate Investments: The Company evaluates each acquisition of real estate or in-substance real estate (including equity interests in entities that predominantly hold real estate assets) to determine if the integrated set of assets and activities acquired meet the definition of a business and need to be accounted as a business combination. If either of the following criteria is met, the integrated set of assets and activities acquired would not qualify as a business: ● Substantially all of the fair value of the gross assets acquired is concentrated in either a single identifiable asset or a group of similar identifiable assets; or ● The integrated set of assets and activities is lacking, at a minimum, an input and a substantive process that together significantly contribute to the ability to create outputs (i.e. revenue generated before and after the transaction). An acquired process is considered substantive if: ● The process includes an organized workforce (or includes an acquired contract that provides access to an organized workforce), that is skilled, knowledgeable, and experienced in performing the process; ● The process cannot be replaced without significant cost, effort, or delay; or ● The process is considered unique or scarce. Generally, the Company expects that acquisitions of real estate or in-substance real estate will not meet the definition of a business because substantially all of the fair value is concentrated in a single identifiable asset or group of similar identifiable assets (i.e. land, buildings, and related intangible assets) or because the acquisition does not include a substantive process in the form of an acquired workforce or an acquired contract that cannot be replaced without significant cost, effort or delay. Acquisitions of real estate and in-substance real estate which do not meet the definition of a business are accounted for as asset acquisitions. The accounting model for asset acquisitions is similar to the accounting model for business combinations except that the acquisition consideration (including acquisition costs) is allocated to the individual assets acquired and liabilities assumed on a relative fair value basis. As a result, asset acquisitions do not result in the recognition of goodwill or a bargain purchase gain. The relative fair values used to allocate the cost of an asset acquisition are determined using the same methodologies and assumptions as the Company utilizes to determine fair value in a business combination. The value of tangible assets acquired is based upon our estimation of value on an “as if vacant” basis. The value of acquired in-place leases includes the estimated costs during the hypothetical lease-up period and other costs that would have been incurred in the execution of similar leases under the market conditions at the acquisition date of the acquired in-place lease. We assess the fair value of tangible and intangible assets based on numerous factors, including estimated cash flow projections that utilize appropriate discount and capitalization rates and available market information. Estimates of future cash flows are based on a number of factors, including the historical operating results, known trends, and market/economic conditions that may affect the property. The values of acquired above and below-market leases, which are included in prepaid expenses and other assets and other liabilities, respectively, are amortized over the terms of the related leases and recognized as either an increase (for below-market leases) or a decrease (for above-market leases) to rental revenue. The values of acquired in-place leases are classified in other assets in the accompanying consolidated balance sheets and amortized over the remaining terms of the related leases. Capitalization Policy: Land, buildings, property improvements, furniture/fixtures and tenant improvements are recorded at cost. Expenditures for maintenance and repairs are charged to operations as incurred. Renovations and/or replacements, which improve or extend the life of the asset, are capitalized and depreciated over their estimated useful lives.
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.
Sale of Investment Property and Property Held for Sale	Sale of Investment Property and Property Held for Sale The Company reports properties that are either disposed of or are classified as held for sale in continuing 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. In January 2020, the Company entered into a purchase and sale agreement, subject to certain conditions, to sell a 29,000 square foot portion of its property located in Pompton Lakes, NJ (the "Pompton Lakes Property") to an unrelated third party for a sale price of $2.8 million. In accordance with ASC Topic 360-10-45, that portion of the property met all the criteria to be classified as held for sale in September of fiscal 2020, and accordingly the Company recorded a loss on property held for sale of $5.7 million, which loss was included in continuing operations in the consolidated statement of income for the year ended October 31, 2020. The amount of the loss represented the net carrying amount of that portion of the property over the fair value of that portion of the asset less estimated cost to sell. The net book value of that portion of the Pompton Lakes Property was insignificant to financial statement presentation and, as a result, the Company did not include that portion of the asset as held for sale on its consolidated balance sheet at October 31, 2020. In December 2020, the sale of that portion of the property was completed. In January 2020, the Company sold for $1.3 million its retail property located in Carmel, NY (the "Carmel Property"), as that property no longer met the Company's investment objectives. In conjunction with the sale, the Company realized a loss on sale of the Carmel property in the amount of $242,000, which loss is included in continuing operations in the consolidated statement of income for the year ended October 31, 2020. In August 2019, the Company entered into a purchase and sale agreement to sell its property located in Bernardsville, NJ (the "Bernardsville Property"), to an unrelated third party for a sale price of $2.7 million as that property no longer met its investment objectives. In accordance with ASC Topic 360-10-45, the property met all the criteria to be classified as held for sale in the fourth quarter of fiscal 2019, and accordingly the Company recorded a loss on property held for sale of $434,000, which loss was included in continuing operations in the consolidated statement of income for the year ended October 31, 2019. The amount of the loss represented the net carrying amount of the property over the fair value of the asset less estimated cost to sell. The net book value of the Bernardsville Property was insignificant to financial statement presentation and as a result the Company did not include the asset as held for sale on its consolidated balance sheet at October 31, 2019. In December 2019 (fiscal 2020), the Bernardsville Property sale was completed and the Company realized an additional loss on sale of property of $86,000, which loss is included in continuing operations in the consolidated statement of income for the year ended October 31, 2020. In June 2019, the Company sold for $3.7 million its property located in Monroe, CT (the "Monroe Property"), as that property no longer met the Company's investment objectives. In conjunction with the sale the Company realized a gain on sale of property in the amount of $416,000, which is included in continuing operations in the consolidated statement of income for the year ended October 31, 2019. The combined operating results of the Monroe Property, the Bernardsville Property, the Carmel Property and the sold portion of the Pompton Lakes properties, which are included in continuing operations, were as follows (amounts in thousands): Year Ended October 31, 2020 2019 2018 Revenues $ 17 $ 612 $ 666 Property operating expense (282 ) (629 ) (691 ) Depreciation and amortization (219 ) (393 ) (417 ) Net Income (loss) $ (484 ) $ (410 ) $ (442 )
Deferred Charges	Deferred Charges Deferred charges consist principally of leasing commissions (which are amortized ratably over the life of the tenant leases). Deferred charges in the accompanying consolidated balance sheets are shown at cost, net of accumulated amortization of $5,115,000 and $4,861,000 as of October 31, 2020 and 2019, 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. As of October 31, 2020, management does not believe that the value of any of its real estate investments is impaired. However, as described above, the COVID-19 pandemic has significantly impacted many of the retail sectors in which the Company’s tenants operate and if the effects of the pandemic are prolonged, it could have a significant adverse impact to the underlying businesses of many of the Company’s tenants. The Company will continue to monitor the economic, financial, and social conditions resulting from the COVID-19 pandemic and will continue to assess its asset portfolio for any impairment indicators.
Lease Income, Revenue Recognition and Tenant Receivables	Lease Income, Revenue Recognition and Tenant Receivables Lease Income: The Company leases space to tenants under agreements with varying terms that generally provide for fixed payments of base rent, with designated increases over the term of the lease. Some of the lease agreements contain provisions that provide for additional rents based on tenants' sales volume ("percentage rent"). Percentage rents are recognized when the tenants achieve the specified targets as defined in their lease agreements. Additionally, most all lease agreements contain provisions for reimbursement of the tenants' share of actual real estate taxes, insurance and Common Area Maintenance ("CAM") costs (collectively, "Recoverable Costs") incurred. Lease terms generally range from to years for tenant spaces under square feet (“Shop Space”) and in excess of years for spaces greater than square feet (“Anchor Spaces”). Many leases also provide the option for the tenants to extend their lease beyond the initial term of the lease. If the tenants do not exercise renewal options and the leases mature, the tenants must relinquish their space so it can be leased to a new tenant, which generally involves some level of cost to prepare the space for re-leasing. These costs are capitalized and depreciated over the shorter of the life of the subsequent lease or the life of the improvement. On , the Company adopted the new accounting guidance in ASC Topic , "Leases," including all related Accounting Standard Updates (“ASU's”). The Company elected to use the modified retrospective transition method provided in ASU (the "adoption date method"). Under this method, the effective date of is the date of initial application. In connection with the adoption of ASC Topic , the Company elected a package of practical expedients, transition options, and accounting policy elections as follows: ● Package of practical expedients - applied to all leases, allowing the Company not to reassess (i) whether expired or existing contracts contain leases under the new definition of a lease, (ii) lease classification for expired or existing leases, and (iii) whether previously capitalized initial direct costs would qualify for capitalization under Topic 842; and ● Lessor separation and allocation practical expedient - the Company elected, as lessor, to aggregate non-lease components with the related lease component if certain conditions are met, and account for the combined component based on its predominant characteristic, which generally results in combining lease and non-lease components of its tenant lease contracts to a single line shown as lease income in the accompanying consolidated statements of income. The Company's existing leases were not re-evaluated and continue to be classified as operating leases, as per the practical expedient package elected above. New and modified leases will now require evaluation of specific classification criteria, which, based on the customary terms of the Company's leases, should continue to be classified as operating leases. However, certain longer-term leases (both lessee and lessor leases) may be classified as direct financing or sales type leases, which may result in selling profit and an accelerated pattern of earnings recognition. CAM is a non-lease component of the lease contract under ASC Topic , and therefore would be accounted for under ASC Topic , "Revenue from Contracts with Customers," and presented separate from lease income in the accompanying consolidated statements of income, based on an allocation of the overall contract price, which is not necessarily the amount that would be billable to the tenants for CAM reimbursements per the terms of the lease contract. As the timing and pattern of providing the CAM service to the tenant is the same as the timing and pattern of the tenants' use of the underlying lease asset, the Company elected, as part of the package of practical expedients, to combine CAM with the remaining lease components, along with tenants' reimbursement of real estate taxes and insurance, and recognize them together as lease income in the accompanying Statements of Income. Lease income for operating leases with fixed payment terms is recognized on a straight-line basis over the expected term of the lease for all leases for which collectability is considered probable at the commencement date. At lease commencement, the Company expects that collectability is probable for all of its leases due to the Company’s credit checks on tenants and other creditworthiness analysis undertaken before entering into a new lease; therefore, income from all operating leases is initially recognized on a straight-line basis. Lease income each period is reduced by amounts considered uncollectable on a lease-by-lease basis, with any changes in collectability assessments recognized as a current period adjustment to lease income. For operating leases in which collectability of lease income is not considered probable, lease income is recognized on a cash basis and all previously recognized uncollectable lease income, including straight-line rental income, is reversed in the period in which the lease income is determined not to be probable of collection. ASC Topic also changes the treatment of leasing costs, such that non-contingent internal leasing and legal costs associated with leasing activities can longer be capitalized. The Company, as a lessor, may only defer as initial direct costs the incremental costs of a tenant operating lease that would not have been incurred if the lease had not been obtained. These costs generally include party broker payments, which are capitalized to deferred costs in the accompanying consolidated balance sheets and amortized over the expected term of the lease to depreciation and amortization expense in the accompanying consolidated statements of income. There was change to operating income upon the adoption of ASC Topic and related ASU's. COVID -19 Pandemic Beginning in , many of the Company's properties were, and continue to be, negatively impacted by the COVID pandemic, as state governments mandated the closure of non-essential businesses to prevent the spread of COVID , forcing many of our tenants’ businesses to close or reduce operations. As a result, of approximately tenants in the Company's consolidated portfolio, representing square feet and approximately of the Company's annualized base rent, have asked for some type of rent deferral or concession. S ubsequently, approximately of the tenants withdrew their requests for rent relief or paid their rent in full. The Company has, and will continue to evaluate each request on a case-by-case basis to determine an appropriate course of action, recognizing that in many cases some type of concession may be appropriate and beneficial to the long-term interests of the Company. In evaluating these requests, the Company has been and will continue to consider many factors, including the tenant's financial strength, the tenant's operating history, potential co-tenancy impacts, the tenant's contribution to the shopping center in which it operates, the Company's assessment of the tenant's long-term viability, the difficulty or ease with which the tenant could be replaced and other factors. Each negotiation is specific to the tenant making the request. The primary strategy of the Company is that most of these concessions will be in the form of deferred rent for some portion of rents due in through to be paid over a later part of the lease, preferably within a period of year or less, but in some instances the Company determined that it was more appropriate to abate some portion of base rents for some tenants between and . As of , the Company has completed lease modifications, consisting of base rent deferrals totaling $ and rent abatements totaling $ million as of . The Company has increased its uncollectable amounts in lease income for the year ended for tenants it felt were affected by the COVID pandemic (see below and in Note ). In , in response to the COVID pandemic, the FASB staff issued guidance that it would be acceptable for entities to make an election to account for lease concessions related to the effects of the COVID pandemic consistent with how those concessions would be accounted for under Topic , as if enforceable rights and obligations for those concessions existed (regardless of whether those enforceable rights and obligations for the concessions explicitly exist in the lease contract). Consequently, for concessions related to the effects of the COVID pandemic, an entity will not have to analyze each lease contract to determine whether enforceable rights and obligations for concessions exist in the lease contract and may elect to apply or not apply the lease modification guidance in Topic to those contracts. This election is available for concessions related to the effects of the COVID pandemic that do not result in a substantial increase in the rights of the lessor or the obligations of the lessee. For example, this election is available for concessions that result in the total payments required by the modified contract being substantially the same as or less than total payments required by the original contract. The FASB staff expects that reasonable judgment will be exercised in making those determinations. Some concessions will provide a deferral of payments with substantive changes to the consideration in the original lease contract. A deferral affects the timing, but the amount of the consideration is substantially the same as that required by the original lease contract. The FASB staff expects that there will be multiple ways to account for those deferrals, of which the staff believes are preferable over others. The Company has made the election not to analyze each lease contract, and believes that, based on FASB guidance, the appropriate way to account for the concessions as described above is to account for such concessions as if change to the lease contracts were made. Under that accounting, a lessor would increase its lease receivable (straight-line rents receivable) and would continue to recognize income during the deferral period, assuming that the collectability of the future rents under the lease contract are considered collectable. If it is determined that the future rents of any lease contract are not collectable, the Company would treat that lease contract on a cash basis as defined in ASC Topic . When collection of substantially all lease payments during the lease term is not considered probable, total lease revenue is limited to the lesser of revenue recognized under accrual accounting or cash received. Determining the probability of collection of substantially all lease payments during a lease term requires significant judgment. This determination is impacted by numerous factors, including our assessment of the tenant’s credit worthiness, economic conditions, tenant sales productivity in that location, historical experience with the tenant and tenants operating in the same industry, future prospects for the tenant and the industry in which it operates, and the length of the lease term. If leases currently classified as probable are subsequently reclassified as not probable, any outstanding lease receivables (including straight-line rent receivables) would be written-off with a corresponding decrease in lease income. The Company anticipates that its variable lease income represented by the reimbursement of CAM and real estate taxes will not be materially affected for most national tenants and tenants with higher levels of credit and balance sheet resources. For smaller local tenants and tenants with fewer resources, the Company has reduced its accruals for CAM and real estate taxes in anticipation of potentially having to reduce the amounts billed to these tenants at the end of calendar . This has had the effect of reducing this portion of lease income for the year ended . Revenue Recognition In those instances in which the Company funds tenant improvements and the improvements are deemed to be owned by the Company, revenue recognition on operating leases 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. 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 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 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 U.S. GAAP have been met. Percentage rent is recognized when a specific tenant’s sales breakpoint is achieved. Tenant Receivables The actions taken by federal, state and local governments to mitigate the spread of COVID , initially by ordering closures of non-essential businesses and ordering residents to generally stay at home, and subsequent phased re-openings have resulted in many of our tenants temporarily or even permanently closing their businesses, and for some, it had impacted their ability to pay rent. As a result, in accordance with ASC Topic , we revised our collectability assumptions for many of our tenants that were most significantly impacted by COVID . Accordingly, during the , we recognized collectability related adjustments totaling $ . This amount includes changes in our collectability assessments for certain tenants in our portfolio from probable to not probable, which requires that revenue recognition for those tenants be converted to cash basis accounting with previously uncollected billed rents reversed in the current period. This resulted in a reduction of lease income for the year ended in the amount of $ related to tenants whose assessment of collectability was changed from probable to not probable. In addition, the Company wrote-off $ million of previously recorded straight-line rent receivables related to tenants whose assessment of collectability was changed from probable to not probable. As of , the revenue from approximately of our tenants (based on total commercial leases) is being recognized on a cash basis. At and , $ and $ , respectively, have been recognized as straight-line rents receivable (representing the current 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. The Company provides an allowance for doubtful accounts against the portion of tenant receivables that is estimated to be uncollectable. Such allowances are reviewed periodically. At and , tenant receivables in the accompanying consolidated balance sheets are shown net of allowances for doubtful accounts of $ and $ , respectively. Included in the aforementioned allowance for doubtful accounts is an amount for future tenant credit losses of approximately of the deferred straight-line rents receivable which is estimated to be uncollectable.
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.
Marketable Securities	Marketable Securities Marketable equity securities are carried at fair value based upon quoted market prices in active markets. In March 2020, the Company purchased REIT securities in the amount of $ million. In May 2020, the Company sold all of its REIT securities for $ million and realized a gain on sale of $ , which is included in the consolidated statement of income for the year ended October 31, 2020. In February and March 2018, the Company purchased REIT securities in the amount of $ million. In January 2019, the Company sold all of its REIT securities for $ million and realized a gain on sale of $ , which is included in the consolidated statement of income for the year ended October 31, 2019
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, 2020, 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, 2020, the Company had approximately $126.7 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 3.93% per annum. As of October 31, 2020 and 2019, the Company had a deferred liability of $13.3 million and $6.8 million, respectively, (included in accounts payable and accrued expenses 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 swap are made to other comprehensive (loss) as the swap is deemed effective and is classified as a cash flow hedge.
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 and losses on interest rate swaps designated as cash flow hedges, including the Company's share from entities accounted for under the equity method of accounting. At October 31, 2020, accumulated other comprehensive loss consisted of net unrealized losses on interest rate swap agreements of $15.7 million, inclusive of the Company's share of accumulated comprehensive income/(loss) from joint ventures accounted for by the equity method of accounting. At October 31, 2019, accumulated other comprehensive loss consisted of net unrealized losses on interest rate swap agreements of $8.5 million inclusive of the Company's share of accumulated comprehensive income/(loss) from joint ventures accounted for by the equity method of accounting. Unrealized gains and losses included in other comprehensive income/(loss) will be reclassified into earnings when 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, 2020 2019 2018 Numerator Net income applicable to common stockholders – basic $ 1,849 $ 4,659 $ 5,173 Effect of dilutive securities: Restricted stock awards 34 193 259 Net income applicable to common stockholders – diluted $ 1,883 $ 4,852 $ 5,432 Denominator Denominator for basic EPS-weighted average common shares 9,144 8,813 8,517 Effect of dilutive securities: Restricted stock awards 241 536 597 Denominator for diluted EPS – weighted average common equivalent shares 9,385 9,349 9,114 Numerator Net income applicable to Class A common stockholders – basic $ 6,684 $ 17,469 $ 20,044 Effect of dilutive securities: Restricted stock awards (34 ) (193 ) (259 ) Net income applicable to Class A common stockholders – diluted $ 6,650 $ 17,276 $ 19,785 Denominator Denominator for basic EPS – weighted average Class A common shares 29,506 29,438 29,335 Effect of dilutive securities: Restricted stock awards 70 216 178 Denominator for diluted EPS – weighted average Class A common equivalent shares 29,576 29,654 29,513
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. The Company recognizes compensation expense for its stock awards by amortizing the fair value of stock awards over the requisite service periods of such awards. In certain cases as defined in the participant agreements, the vesting of stock awards can be accelerated, which will result in the Company charging to compensation expense the remaining unamortized restricted stock compensation related to those stock awards
Segment Reporting	Segment Reporting The Company's primary business is the ownership, management, and redevelopment of retail properties. The Company reviews operating and financial information for each property on an individual basis and therefore, each property represents an individual operating segment. The Company evaluates financial performance using property operating income, which consists of base rental income and tenant reimbursement income, less rental expenses and real estate taxes. Only one of the Company’s properties, located in Stamford, CT (“Ridgeway”), is considered significant as its revenue is in excess of 10% of the Company’s consolidated total revenues and accordingly is a reportable segment. The Company has aggregated the remainder of our properties as they share similar long-term economic characteristics and have other similarities including the fact that they are operated using consistent business strategies, are typically located in the same major metropolitan area, and have similar tenant mixes. Ridgeway is located in Stamford, Connecticut and was developed in the 1950’s and redeveloped in the mid 1990’s. The property contains approximately 374,000 square feet of GLA. It is the dominant grocery-anchored center and the largest non-mall shopping center located in the City of Stamford, Fairfield County, Connecticut. Segment information about Ridgeway as required by ASC Topic 280 is included below: Year Ended October 31, 2020 2019 2018 Ridgeway Revenues 11.2 % 10.9 % 10.4 % All Other Property Revenues 88.8 % 89.1 % 89.6 % Consolidated Revenue 100.0 % 100.0 % 100.0 % Year Ended October 31, 2020 2019 Ridgeway Assets 6.4 % 6.0 % All Other Property Assets 93.6 % 94.0 % Consolidated Assets (Note 1) 100.0 % 100.0 % Note 1 - Ridgeway did not have any significant expenditures for additions to long-lived assets in any of the fiscal years ended October 31, 2020, 2019 and 2018. Year Ended October 31, 2020 2019 2018 Ridgeway Percent Leased 92 % 97 % 96 % Year Ended October 31, Ridgeway Significant Tenants (by base rent): 2020 2019 2018 The Stop & Shop Supermarket Company 20 % 20 % 20 % Bed, Bath & Beyond 14 % 14 % 14 % Marshall’s Inc., a division of the TJX Companies 10 % 10 % 10 % All Other Tenants at Ridgeway (Note 2) 56 % 56 % 56 % Total 100 % 100 % 100 % Note 2 - No other tenant accounts for more than 10% of Ridgeway’s annual base rents in any of the three years presented. Percentages are calculated as a ratio of the tenants' base rent divided by total base rent of Ridgeway. Year Ended October 31, 2020 Income Statement (In Thousands): Ridgeway All Other Operating Segments Total Consolidated Revenues $ 14,180 $ 112,565 $ 126,745 Operating Expenses $ 4,424 $ 38,582 $ 43,006 Interest Expense $ 1,673 $ 11,835 $ 13,508 Depreciation and Amortization $ 2,494 $ 26,693 $ 29,187 Income from Continuing Operations $ 5,589 $ 20,481 $ 26,070 Year Ended October 31, 2019 Ridgeway All Other Operating Segments Total Consolidated Revenues $ 14,859 $ 122,023 $ 136,882 Operating Expenses $ 4,376 $ 41,138 $ 45,514 Interest Expense $ 1,704 $ 12,398 $ 14,102 Depreciation and Amortization $ 2,350 $ 25,580 $ 27,930 Income from Continuing Operations $ 6,428 $ 35,185 $ 41,613 Year Ended October 31, 2018 Ridgeway All Other Operating Segments Total Consolidated Revenues $ 14,015 $ 120,707 $ 134,722 Operating Expenses $ 4,094 $ 39,308 $ 43,402 Interest Expense $ 1,869 $ 11,809 $ 13,678 Depreciation and Amortization $ 2,616 $ 25,711 $ 28,327 Income from Continuing Operations $ 5,436 $ 36,747 $ 42,183
Reclassification	Reclassification Certain fiscal 2018 and 2019 amounts have been reclassified to conform to current period presentation.
New Accounting Standards	New Accounting Standards In February 2016, the FASB issued ASU 2016-02, "Leases," ASU 2018-10, "Codification improvements to Topic 842, leases," ASU 2018-11, "Leases," and ASU 2018-20, "Leases, Narrow Scope Improvements for Lessors," together ASC Topic 842 - Leases. ASC Topic 842 significantly changes the accounting for leases by requiring lessees to recognize assets and liabilities for leases greater than 12 months on their balance sheet. The lessor model stays substantially the same; however, there were modifications to conform lessor accounting with the lessee model, eliminate real estate specific guidance, further define certain lease and non-lease components, and change the definition of initial direct costs of leases requiring significantly more leasing related costs to be expensed upfront. The Company adopted ASC Topic 842 on November 1, 2019, the first day of its fiscal year 2020. The Company has elected to apply the transition provisions of ASC Topic 842 at the beginning of the period of adoption, and therefore, the Company has not retrospectively adjusted prior periods presented. The Company elected to apply certain adoption related practical expedients for all leases that commenced prior to the effective date. These practical expedients include not reassessing whether any expired or existing contracts are or contain leases; not reassessing the lease classification for any expired or existing leases; and not reassessing initial direct costs for any existing leases. The adoption of this standard did not have a material effect on our financial statements or disclosures therein. See Lease Income, Revenue Recognition and Tenant Receivables earlier in Note 1 for a more detailed explanation of the adoption. In March 2020, the FASB issued ASU No. 2020-04, “Reference Rate Reform (Topic 848).” ASU No. 2020-04 contains practical expedients for reference rate reform related activities that impact debt, leases, derivatives and other contracts. The guidance in ASU No. 2020-04 is optional and may be elected over time as reference rate reform activities occur. During the three months ended April 30, 2020, the Company elected to apply the hedge accounting expedients related to probability and the assessments of effectiveness for future LIBOR-indexed cash flows to assume that the index upon which future hedged transactions will be based matches the index on the corresponding derivatives. Application of these expedients preserves the presentation of derivatives consistent with past presentation. The Company continues to evaluate the impact of the guidance and may apply other elections as applicable as additional changes in the market occur. The Company has evaluated all other new ASU's 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, 2020.

ORGANIZATION, BASIS OF PRESEN_3

ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Oct. 31, 2020
ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Combined Operating Results Properties Included in Continuing Operations	The combined operating results of the Monroe Property, the Bernardsville Property, the Carmel Property and the sold portion of the Pompton Lakes properties, which are included in continuing operations, were as follows (amounts in thousands): Year Ended October 31, 2020 2019 2018 Revenues $ 17 $ 612 $ 666 Property operating expense (282 ) (629 ) (691 ) Depreciation and amortization (219 ) (393 ) (417 ) Net Income (loss) $ (484 ) $ (410 ) $ (442 )
Reconciliation between Basic and Diluted EPS	The following table sets forth the reconciliation between basic and diluted EPS (in thousands): Year Ended October 31, 2020 2019 2018 Numerator Net income applicable to common stockholders – basic $ 1,849 $ 4,659 $ 5,173 Effect of dilutive securities: Restricted stock awards 34 193 259 Net income applicable to common stockholders – diluted $ 1,883 $ 4,852 $ 5,432 Denominator Denominator for basic EPS-weighted average common shares 9,144 8,813 8,517 Effect of dilutive securities: Restricted stock awards 241 536 597 Denominator for diluted EPS – weighted average common equivalent shares 9,385 9,349 9,114 Numerator Net income applicable to Class A common stockholders – basic $ 6,684 $ 17,469 $ 20,044 Effect of dilutive securities: Restricted stock awards (34 ) (193 ) (259 ) Net income applicable to Class A common stockholders – diluted $ 6,650 $ 17,276 $ 19,785 Denominator Denominator for basic EPS – weighted average Class A common shares 29,506 29,438 29,335 Effect of dilutive securities: Restricted stock awards 70 216 178 Denominator for diluted EPS – weighted average Class A common equivalent shares 29,576 29,654 29,513
Major Customers by Reporting Segments	Segment information about Ridgeway as required by ASC Topic 280 is included below: Year Ended October 31, 2020 2019 2018 Ridgeway Revenues 11.2 % 10.9 % 10.4 % All Other Property Revenues 88.8 % 89.1 % 89.6 % Consolidated Revenue 100.0 % 100.0 % 100.0 % Year Ended October 31, 2020 2019 Ridgeway Assets 6.4 % 6.0 % All Other Property Assets 93.6 % 94.0 % Consolidated Assets (Note 1) 100.0 % 100.0 % Note 1 - Ridgeway did not have any significant expenditures for additions to long-lived assets in any of the fiscal years ended October 31, 2020, 2019 and 2018. Year Ended October 31, 2020 2019 2018 Ridgeway Percent Leased 92 % 97 % 96 % Year Ended October 31, Ridgeway Significant Tenants (by base rent): 2020 2019 2018 The Stop & Shop Supermarket Company 20 % 20 % 20 % Bed, Bath & Beyond 14 % 14 % 14 % Marshall’s Inc., a division of the TJX Companies 10 % 10 % 10 % All Other Tenants at Ridgeway (Note 2) 56 % 56 % 56 % Total 100 % 100 % 100 % Note 2 - No other tenant accounts for more than 10% of Ridgeway’s annual base rents in any of the three years presented. Percentages are calculated as a ratio of the tenants' base rent divided by total base rent of Ridgeway.
Segment Reporting Information by Segment	Year Ended October 31, 2020 Income Statement (In Thousands): Ridgeway All Other Operating Segments Total Consolidated Revenues $ 14,180 $ 112,565 $ 126,745 Operating Expenses $ 4,424 $ 38,582 $ 43,006 Interest Expense $ 1,673 $ 11,835 $ 13,508 Depreciation and Amortization $ 2,494 $ 26,693 $ 29,187 Income from Continuing Operations $ 5,589 $ 20,481 $ 26,070 Year Ended October 31, 2019 Ridgeway All Other Operating Segments Total Consolidated Revenues $ 14,859 $ 122,023 $ 136,882 Operating Expenses $ 4,376 $ 41,138 $ 45,514 Interest Expense $ 1,704 $ 12,398 $ 14,102 Depreciation and Amortization $ 2,350 $ 25,580 $ 27,930 Income from Continuing Operations $ 6,428 $ 35,185 $ 41,613 Year Ended October 31, 2018 Ridgeway All Other Operating Segments Total Consolidated Revenues $ 14,015 $ 120,707 $ 134,722 Operating Expenses $ 4,094 $ 39,308 $ 43,402 Interest Expense $ 1,869 $ 11,809 $ 13,678 Depreciation and Amortization $ 2,616 $ 25,711 $ 28,327 Income from Continuing Operations $ 5,436 $ 36,747 $ 42,183

REAL ESTATE INVESTMENTS (Tables

REAL ESTATE INVESTMENTS (Tables)	12 Months Ended
	Oct. 31, 2020
REAL ESTATE INVESTMENTS [Abstract]
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, 2020 and 2019 (in thousands): Consolidated Investment Properties Unconsolidated Joint Ventures 2020 Totals 2019 Totals Retail $ 880,838 $ 28,679 $ 909,517 $ 920,261 Office 7,019 - 7,019 9,729 Total $ 887,857 $ 28,679 $ 916,536 $ 929,990

INVESTMENT PROPERTIES (Tables)

INVESTMENT PROPERTIES (Tables)	12 Months Ended
	Oct. 31, 2020
INVESTMENT PROPERTIES [Abstract]
Components of Core Properties	The components of the properties consolidated in the financial statements are as follows (in thousands): October 31, 2020 2019 Land $ 236,654 $ 238,766 Buildings and improvements 912,528 903,004 1,149,182 1,141,770 Accumulated depreciation (261,325 ) (241,154 ) $ 887,857 $ 900,616
Purchase Price Allocation for Properties Acquired	The financial information set forth below summarizes the Company’s purchase price allocation for the properties acquired during the fiscal year ended October 31, 2019 (in thousands). Lakeview Assets: Land $ 2,025 Building and improvements $ 10,620 In-place leases $ 772 Above market leases $ 459 Liabilities: In-place leases $ - Below market leases $ 1,123

MORTGAGE NOTES PAYABLE, BANK _2

MORTGAGE NOTES PAYABLE, BANK LINES OF CREDIT AND OTHER LOANS (Tables)	12 Months Ended
	Oct. 31, 2020
MORTGAGE NOTES PAYABLE, BANK LINES OF CREDIT AND OTHER LOANS
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 Repayments Scheduled Amortization Total 2021 $ - $ 7,252 $ 7,252 2022 49,486 6,500 55,986 2023 - 6,233 6,233 2024 18,710 6,289 24,999 2025 82,243 4,052 86,295 Thereafter 105,224 10,282 115,506 $ 255,663 $ 40,608 $ 296,271

CONSOLIDATED JOINT VENTURES A_2

CONSOLIDATED JOINT VENTURES AND REDEEMABLE NONCONTROLLING INTERESTS (Tables)	12 Months Ended
	Oct. 31, 2020
CONSOLIDATED JOINT VENTURES AND REDEEMABLE NONCONTROLLING INTERESTS [Abstract]
Redeemable Non-controlling Interests	The following table sets forth the details of the Company's redeemable non-controlling interests (amounts in thousands): October 31, 2020 2019 Beginning Balance $ 77,876 $ 78,258 Partial redemption of UB High Ridge Noncontrolling Interest (560 ) (1,413 ) Partial redemption of Dumont Noncontrolling Interest - (630 ) Partial redemption of New City Noncontrolling Interest (198 ) (91 ) Redemption of Ironbound Noncontrolling Interest - (2,700 ) Change in Redemption Value (15,047 ) 4,452 Ending Balance $ 62,071 $ 77,876

INVESTMENTS IN AND ADVANCES T_2

INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED JOINT VENTURES (Tables)	12 Months Ended
	Oct. 31, 2020
INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED JOINT VENTURES [Abstract]
Investments in and Advances to Unconsolidated Joint Ventures	At October 31, 2020 and 2019, investments in and advances to unconsolidated joint ventures consisted of the following (with the Company's ownership percentage in parentheses) (amounts in thousands): October 31, 2020 2019 Chestnut Ridge Shopping Center (50.0%) $ 12,252 $ 12,048 Gateway Plaza (50%) 6,929 6,847 Putnam Plaza Shopping Center (66.67%) 2,599 3,446 Midway Shopping Center, L.P. (11.792%) 4,233 4,384 Applebee's at Riverhead (50%) 1,943 1,926 81 Pondfield Road Company (20%) 723 723 Total $ 28,679 $ 29,374

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Oct. 31, 2020
LEASES [Abstract]
Disaggregation of Lease Income Recognized	The following table provides a disaggregation of lease income recognized during the years ended October 31, 2020, 2019 and 2018, under ASC Topic 842, "Leases," as either fixed or variable lease income based on the criteria specified in ASC Topic 842 (in thousands): October 31 2020 2019 2018 Operating lease income: Fixed lease income (Base Rent) $ 98,678 $ 99,845 $ 95,734 Variable lease income (Recoverable Costs) 28,889 32,784 31,144 Other lease related income, net: Above/below market rent amortization 706 614 1,209 Uncollectable amounts in lease income (3,916 ) (956 ) (857 ) ASC Topic 842 cash basis lease income reversal (3,416 ) - - Total lease income $ 120,941 $ 132,287 $ 127,230
Future Minimum Rents under Non-Cancelable Operating Leases	Future minimum rents under non-cancelable operating leases for the next five years and thereafter, excluding variable lease payments, are as follows (in thousands): Fiscal Year Ending 2021 (a) $ 99,312 2022 83,631 2023 67,486 2024 57,996 2025 45,831 Thereafter 215,138 Total $ 569,394 (a) The amounts above are based on existing leases in place at October 31, 2020.

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	12 Months Ended
	Oct. 31, 2020
STOCKHOLDERS' EQUITY [Abstract]
Dividends Declared and Tax Status of Dividends Paid	The following tables set forth the dividends declared per Common share and Class A Common share and tax status for Federal income tax purposes of the dividends paid during the fiscal years ended October 31, 2020 and 2019: Common Shares Class A Common Shares Dividend Payment Date Gross Dividend Paid Per Share Ordinary Income Capital Gain Non-Taxable Portion Gross Dividend Paid Per Share Ordinary Income Capital Gain Non-Taxable Portion January 17, 2020 $ 0.2500 $ 0.174386 $ (0.003376 ) $ 0.07899 $ 0.28 $ 0.1953 $ (0.0038 ) $ 0.0885 April 17, 2020 $ 0.2500 $ 0.174386 $ (0.003376 ) $ 0.07899 $ 0.28 $ 0.1953 $ (0.0038 ) $ 0.0885 July 17, 2020 $ 0.0625 $ 0.043597 $ (0.000844 ) $ 0.019747 $ 0.07 $ 0.0488 $ (0.0009 ) $ 0.0221 October 16, 2020 $ 0.1250 $ 0.087193 $ (0.001688 ) $ 0.039495 $ 0.14 $ 0.0977 $ (0.0019 ) $ 0.0442 $ 0.6875 $ 0.479562 $ (0.009284 ) $ 0.217222 $ 0.77 $ 0.5371 $ (0.0104 ) $ 0.2433 Common Shares Class A Common Shares Dividend Payment Date Gross Dividend Paid Per Share Ordinary Income Capital Gain Non-Taxable Portion Gross Dividend Paid Per Share Ordinary Income Capital Gain Non-Taxable Portion January 18, 2019 $ 0.245 $ 0.173355 $ 0.006156 $ 0.065489 $ 0.275 $ 0.1946 $ 0.0069 $ 0.0735 April 18, 2019 $ 0.245 $ 0.173355 $ 0.006156 $ 0.065489 $ 0.275 $ 0.1946 $ 0.0069 $ 0.0735 July 19, 2019 $ 0.245 $ 0.173355 $ 0.006156 $ 0.065489 $ 0.275 $ 0.1946 $ 0.0069 $ 0.0735 October 18, 2019 $ 0.245 $ 0.173355 $ 0.006156 $ 0.065489 $ 0.275 $ 0.1946 $ 0.0069 $ 0.0735 $ 0.98 $ 0.69342 $ 0.024624 $ 0.261956 $ 1.10 $ 0.7784 $ 0.0276 $ 0.294

STOCK COMPENSATION AND OTHER _2

STOCK COMPENSATION AND OTHER BENEFIT PLANS (Tables)	12 Months Ended
	Oct. 31, 2020
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, 2020, and changes during the year ended October 31, 2020 is 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, 2019 1,146,100 $ 17.52 463,225 $ 21.07 Granted 105,450 $ 19.59 120,800 $ 23.96 Vested (327,000 ) $ 17.71 (92,375 ) $ 22.20 Forfeited - $ - (700 ) $ 23.23 Non-vested at October 31, 2020 924,550 $ 17.69 490,950 $ 21.56

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Oct. 31, 2020
FAIR VALUE MEASUREMENTS [Abstract]
Fair Value of Financial Assets and Liabilities	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 and (amounts in thousands): Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) October 31, 2020 Liabilities: Interest Rate Swap Agreements $ 13,300 $ - $ 13,300 $ - Redeemable noncontrolling interests $ 62,071 $ 9,921 $ 51,604 $ 546 October 31, 2019 Liabilities: Interest Rate Swap Agreements $ 6,754 $ - $ 6,754 $ - Redeemable noncontrolling interests $ 77,876 $ 24,968 $ 52,362 $ 546

QUARTERLY RESULTS OF OPERATIO_2

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Tables)	12 Months Ended
	Oct. 31, 2020
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) [Abstract]
Quarterly Financial Information	The unaudited quarterly results of operations for the years ended October 31, 2020 and 2019 are as follows (in thousands, except per share data): Year Ended October 31, 2020 Year Ended October 31, 2019 Quarter Ended Quarter Ended Jan 31 Apr 30 Jul 31 Oct 31 Jan 31 Apr 30 Jul 31 Oct 31 Revenues $ 34,348 $ 31,280 $ 28,799 $ 32,318 $ 34,267 $ 34,105 $ 34,392 $ 34,117 Income from Continuing Operations $ 9,521 $ 7,240 $ 5,923 $ 3,386 $ 10,018 $ 9,960 $ 11,427 $ 10,208 Net Income Attributable to Urstadt Biddle Properties Inc. $ 8,483 $ 6,212 $ 4,988 $ 2,500 $ 8,917 $ 8,860 $ 10,333 $ 9,170 Preferred Stock Dividends (3,412 ) (3,413 ) (3,412 ) (3,413 ) (3,063 ) (3,062 ) (3,063 ) (3,601 ) Redemption of Preferred Stock - - - - - - - (2,363 ) Net Income (Loss) Applicable to Common and Class A Common Stockholders $ 5,071 $ 2,799 $ 1,576 $ (913 ) $ 5,854 $ 5,798 $ 7,270 $ 3,206 Per Share Data: Basic: Class A Common Stock $ 0.14 $ 0.07 $ 0.04 $ (0.02 ) $ 0.16 $ 0.16 $ 0.19 $ 0.09 Common Stock $ 0.12 $ 0.07 $ 0.04 $ (0.02 ) $ 0.14 $ 0.14 $ 0.17 $ 0.08 Diluted: Class A Common Stock $ 0.13 $ 0.07 $ 0.04 $ (0.02 ) $ 0.16 $ 0.15 $ 0.19 $ 0.08 Common Stock $ 0.12 $ 0.07 $ 0.04 $ (0.02 ) $ 0.14 $ 0.14 $ 0.17 $ 0.07

ORGANIZATION, BASIS OF PRESEN_4

ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Business (Details) ft² in Millions	Oct. 31, 2020ft²Property
Business [Abstract]
Number of properties the Company owned or had equity interest in | Property	81
Gross leasable area of properties the Company owned or had equity interest in | ft²	5.3

ORGANIZATION, BASIS OF PRESEN_5

ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Federal Income Taxes (Details)	12 Months Ended
	Oct. 31, 2020
Federal Income Taxes [Abstract]
Minimum real estate trust taxable income required to be distributed for REIT to be nontaxable	90.00%
Minimum [Member]
Federal Income Taxes [Abstract]
Tax years remaining open to examination by Internal Revenue Service	2016
Maximum [Member]
Federal Income Taxes [Abstract]
Tax years remaining open to examination by Internal Revenue Service	2019

ORGANIZATION, BASIS OF PRESEN_6

ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Depreciation and Amortization (Details)	12 Months Ended
	Oct. 31, 2020
Real Estate Investment Properties [Member] | Minimum [Member]
Depreciation [Abstract]
Estimated useful life	30 years
Real Estate Investment Properties [Member] | Maximum [Member]
Depreciation [Abstract]
Estimated useful life	40 years
Property Improvements [Member] | Minimum [Member]
Depreciation [Abstract]
Estimated useful life	10 years
Property Improvements [Member] | Maximum [Member]
Depreciation [Abstract]
Estimated useful life	20 years
Furniture and Fixtures [Member] | Minimum [Member]
Depreciation [Abstract]
Estimated useful life	3 years
Furniture and Fixtures [Member] | Maximum [Member]
Depreciation [Abstract]
Estimated useful life	10 years
Tenant Improvements [Member]
Depreciation [Abstract]
Estimated useful life	shorter of the life of the related leases or their useful life

ORGANIZATION, BASIS OF PRESEN_7

ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Sale of Investment Property and Property Held for Sale (Details)	1 Months Ended				3 Months Ended								12 Months Ended
	Sep. 30, 2020USD ($)	Jan. 31, 2020USD ($)	Aug. 31, 2019USD ($)	Jun. 30, 2019USD ($)	Oct. 31, 2020USD ($)	Jul. 31, 2020USD ($)	Apr. 30, 2020USD ($)	Jan. 31, 2020USD ($)	Oct. 31, 2019USD ($)	Jul. 31, 2019USD ($)	Apr. 30, 2019USD ($)	Jan. 31, 2019USD ($)	Oct. 31, 2020USD ($)	Oct. 31, 2019USD ($)	Oct. 31, 2018USD ($)	Sep. 23, 2020ft²
Property Held for Sale [Abstract]
Gain (loss) on sale of properties													$ (6,047,000)	$ (19,000)	$ 0
Revenues					$ 32,318,000	$ 28,799,000	$ 31,280,000	$ 34,348,000	$ 34,117,000	$ 34,392,000	$ 34,105,000	$ 34,267,000	126,745,000	136,882,000	134,722,000
Depreciation and amortization													(29,187,000)	(27,930,000)	(28,327,000)
Net Income													26,070,000	41,613,000	42,183,000
Carmel, NY [Member]
Property Held for Sale [Abstract]
Proceeds from sale of property held for sale		$ 1,300,000
Gain (loss) on sale of properties		$ (242,000)
Pompton Lakes, NJ [Member]
Property Held for Sale [Abstract]
Proceeds from sale of property held for sale	$ 2,800,000
Gain (loss) on sale of properties	$ (5,700,000)
Area of Real Estate Property | ft²																29,000
Bernardsville, NJ [Member]
Property Held for Sale [Abstract]
Gain (loss) on sale of properties													(86,000)
Disposal Group, Not Discontinued Operations [Member] | Monroe, CT property, Bernardsville, NJ property, Carmel, NY property and Pompton Lakes, NJ property [Member]
Property Held for Sale [Abstract]
Revenues													17,000	612,000	666,000
Property operating expense													(282,000)	(629,000)	(691,000)
Depreciation and amortization													(219,000)	(393,000)	(417,000)
Net Income													$ (484,000)	$ (410,000)	$ (442,000)
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] | Monroe, CT [Member]
Property Held for Sale [Abstract]
Proceeds from sale of property held for sale				$ 3,700,000
Gain (loss) on sale of properties				$ 416,000
Held for Sale [Member] | Bernardsville, NJ [Member]
Property Held for Sale [Abstract]
Proceeds from sale of property held for sale			$ 2,700,000
Gain (loss) on sale of properties			$ (434,000)

ORGANIZATION, BASIS OF PRESEN_8

ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Deferred Charges (Details) - USD ($)	Oct. 31, 2020	Oct. 31, 2019
Deferred Charges [Abstract]
Accumulated amortization of deferred charges	$ 5,115,000	$ 4,861,000

ORGANIZATION, BASIS OF PRESEN_9

ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Lease Income, Revenue Recognition and Tenant Receivables (Details) ft² in Millions	12 Months Ended
	Oct. 31, 2020USD ($)ft²InvestmentTenant	Oct. 31, 2019USD ($)
COVID-19 Pandemic [Abstract]
Number of tenant rent relief requests received by company | Tenant	396
Approximate number of tenants in our consolidated portfolio | Tenant	900
Number of tenants withdrawing rent concession request | Tenant	118
Square feet of spaced occupied by tenants requesting rent relief | ft²	1.5
Percent of annualized base rent for tenants requesting rent relief	43.80%
Number of lease modifications completed | Investment	234
Dollar Value of Base Rent Deferrals	$ 3,400,000
Dollar Value of Base Rent Abatements	1,400,000
Tenant Receivables [Abstract]
Total collectability adjustment	7,300,000
Reversal of previously billed lease income	2,300,000
Straight Line Rent Adjustments	$ 1,100,000
Tenants with revenue recognized on a cash basis	7.10%
Straight-line rents receivable	$ 22,330,000	$ 19,395,000
Tenants receivable, allowance for doubtful accounts	$ 8,769,000	$ 5,454,000
Allowance of doubtful accounts against tenants receivables, percentage of deferred straight-line rents receivable	10.00%
Shop Space [Member] | Minimum [Member]
Lease Income [Abstract]
Term of lease	1 year
Shop Space [Member] | Maximum [Member]
Lease Income [Abstract]
Term of lease	5 years
Anchor Spaces [Member] | Minimum [Member]
Lease Income [Abstract]
Term of lease	5 years

ORGANIZATION, BASIS OF PRESE_10

ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Marketable Securities (Details) - USD ($)	1 Months Ended			2 Months Ended	12 Months Ended
	May 31, 2020	Mar. 31, 2020	Jan. 31, 2019	Mar. 31, 2018	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Marketable Securities [Abstract]
Gain on sale of marketable securities	$ 258,000		$ 403,000		$ 258,000	$ 403,000	$ 0
Proceeds from sale of marketable securities	$ 7,300,000		$ 6,000,000
REIT Securities [Member]
Marketable Securities [Abstract]
Purchase of marketable securities		$ 7,000,000		$ 5,000,000

ORGANIZATION, BASIS OF PRESE_11

ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Derivative Financial Instruments (Details) - Interest Rate Swap [Member] - Mortgage Loan [Member] - USD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Derivative Financial Instruments [Abstract]
Mortgage loans subject to interst rate swap	$ 126.7
Average fixed annual rate on interest rate swap	3.93%
Deferred liabilities relating to fair value of interest rate swap	$ 13.3	$ 6.8

ORGANIZATION, BASIS OF PRESE_12

ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Comprehensive Income (Details) - USD ($) $ in Millions	Oct. 31, 2020	Oct. 31, 2019
Comprehensive Income [Abstract]
Net unrealized gains on interest rate swap agreements included in accumulated other comprehensive income	$ (15.7)	$ (8.5)

ORGANIZATION, BASIS OF PRESE_13

ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Earnings Per Share (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2020	Jul. 31, 2020	Apr. 30, 2020	Jan. 31, 2020	Oct. 31, 2019	Jul. 31, 2019	Apr. 30, 2019	Jan. 31, 2019	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Numerator [Abstract]
Net income applicable to common stockholders - basic	$ (913)	$ 1,576	$ 2,799	$ 5,071	$ 3,206	$ 7,270	$ 5,798	$ 5,854	$ 8,533	$ 22,128	$ 25,217
Common Stock [Member]
Numerator [Abstract]
Net income applicable to common stockholders - basic									1,849	4,659	5,173
Effect of dilutive securities [Abstract]
Restricted stock awards									34	193	259
Net income applicable to common stockholders - diluted									$ 1,883	$ 4,852	$ 5,432
Denominator [Abstract]
Denominator for basic EPS - weighted average common shares (in shares)									9,144	8,813	8,517
Effect of dilutive securities [Abstract]
Restricted stock awards (in shares)									241	536	597
Denominator for diluted EPS - weighted average common equivalent shares (in shares)									9,385	9,349	9,114
Class A Common Stock [Member]
Numerator [Abstract]
Net income applicable to common stockholders - basic									$ 6,684	$ 17,469	$ 20,044
Effect of dilutive securities [Abstract]
Restricted stock awards									(34)	(193)	(259)
Net income applicable to common stockholders - diluted									$ 6,650	$ 17,276	$ 19,785
Denominator [Abstract]
Denominator for basic EPS - weighted average common shares (in shares)									29,506	29,438	29,335
Effect of dilutive securities [Abstract]
Restricted stock awards (in shares)									70	216	178
Denominator for diluted EPS - weighted average common equivalent shares (in shares)									29,576	29,654	29,513

ORGANIZATION, BASIS OF PRESE_14

ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Segment Reporting - Concentration Risks (Details)		12 Months Ended
		Oct. 31, 2020ft²Segment	Oct. 31, 2019	Oct. 31, 2018
Segment Reporting [Abstract]
Number of reportable segments | Segment		1
Ridgeway Significant Tenants [Abstract]
Gross leasable area of properties the Company owned or had equity interest in		5,300,000
Ridgeway [Member]
Ridgeway Significant Tenants [Abstract]
Gross leasable area of properties the Company owned or had equity interest in		374,000
Percent leased		92.00%	97.00%	96.00%
Sales Revenue, Net [Member]
Ridgeway Significant Tenants [Abstract]
Concentration risk, percentage		100.00%	100.00%	100.00%
Sales Revenue, Net [Member] | Ridgeway [Member]
Ridgeway Significant Tenants [Abstract]
Concentration risk, percentage		11.20%	10.90%	10.40%
Sales Revenue, Net [Member] | All Other Operating Segments [Member]
Ridgeway Significant Tenants [Abstract]
Concentration risk, percentage		88.80%	89.10%	89.60%
Assets, Total [Member]
Ridgeway Significant Tenants [Abstract]
Concentration risk, percentage	[1]	100.00%	100.00%
Assets, Total [Member] | Ridgeway [Member]
Ridgeway Significant Tenants [Abstract]
Concentration risk, percentage		6.40%	6.00%
Assets, Total [Member] | All Other Operating Segments [Member]
Ridgeway Significant Tenants [Abstract]
Concentration risk, percentage		93.60%	94.00%
Base Rent [Member] | Customer Concentration Risk [Member] | Ridgeway [Member]
Ridgeway Significant Tenants [Abstract]
Concentration risk, percentage		100.00%	100.00%	100.00%
Base Rent [Member] | Customer Concentration Risk [Member] | The Stop & Shop Supermarket Company [Member] | Ridgeway [Member]
Ridgeway Significant Tenants [Abstract]
Concentration risk, percentage		20.00%	20.00%	20.00%
Base Rent [Member] | Customer Concentration Risk [Member] | Bed, Bath & Beyond [Member] | Ridgeway [Member]
Ridgeway Significant Tenants [Abstract]
Concentration risk, percentage		14.00%	14.00%	14.00%
Base Rent [Member] | Customer Concentration Risk [Member] | Marshall's Inc., a division of the TJX Companies [Member] | Ridgeway [Member]
Ridgeway Significant Tenants [Abstract]
Concentration risk, percentage		10.00%	10.00%	10.00%
Base Rent [Member] | Customer Concentration Risk [Member] | All Other Tenants at Ridgeway [Member] | Ridgeway [Member]
Ridgeway Significant Tenants [Abstract]
Concentration risk, percentage	[2]	56.00%	56.00%	56.00%
[1]	Ridgeway did not have any significant expenditures for additions to long-lived assets in any of the fiscal years ended October 31, 2020, 2019 and 2018.
[2]	No other tenant accounts for more than 10% of Ridgeway’s annual base rents in any of the three years presented.  Percentages are calculated as a ratio of the tenants' base rent divided by total base rent of Ridgeway.

ORGANIZATION, BASIS OF PRESE_15

ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Segment Reporting - Income Statements (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2020	Jul. 31, 2020	Apr. 30, 2020	Jan. 31, 2020	Oct. 31, 2019	Jul. 31, 2019	Apr. 30, 2019	Jan. 31, 2019	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Income Statements [Abstract]
Revenues	$ 32,318	$ 28,799	$ 31,280	$ 34,348	$ 34,117	$ 34,392	$ 34,105	$ 34,267	$ 126,745	$ 136,882	$ 134,722
Interest expense									13,508	14,102	13,678
Depreciation and amortization									29,187	27,930	28,327
Income from continuing operations	$ 3,386	$ 5,923	$ 7,240	$ 9,521	$ 10,208	$ 11,427	$ 9,960	$ 10,018
Operating Segments [Member]
Income Statements [Abstract]
Revenues									126,745	136,882	134,722
Operating expenses									43,006	45,514	43,402
Interest expense									13,508	14,102	13,678
Depreciation and amortization									29,187	27,930	28,327
Income from continuing operations									26,070	41,613	42,183
Operating Segments [Member] | Ridgeway [Member]
Income Statements [Abstract]
Revenues									14,180	14,859	14,015
Operating expenses									4,424	4,376	4,094
Interest expense									1,673	1,704	1,869
Depreciation and amortization									2,494	2,350	2,616
Income from continuing operations									5,589	6,428	5,436
Operating Segments [Member] | All Other Operating Segments [Member]
Income Statements [Abstract]
Revenues									112,565	122,023	120,707
Operating expenses									38,582	41,138	39,308
Interest expense									11,835	12,398	11,809
Depreciation and amortization									26,693	25,580	25,711
Income from continuing operations									$ 20,481	$ 35,185	$ 36,747

REAL ESTATE INVESTMENTS (Detail

REAL ESTATE INVESTMENTS (Details) $ in Thousands	Oct. 31, 2020USD ($)Property	Oct. 31, 2019USD ($)
Real Estate Investment [Abstract]
Properties owned or have equity interests | Property	81
Real estate investments	$ 916,536	$ 929,990
Retail [Member]
Real Estate Investment [Abstract]
Real estate investments	909,517	920,261
Office [Member]
Real Estate Investment [Abstract]
Real estate investments	7,019	$ 9,729
Consolidated Investment Properties [Member]
Real Estate Investment [Abstract]
Real estate investments	887,857
Consolidated Investment Properties [Member] | Retail [Member]
Real Estate Investment [Abstract]
Real estate investments	880,838
Consolidated Investment Properties [Member] | Office [Member]
Real Estate Investment [Abstract]
Real estate investments	7,019
Unconsolidated Joint Ventures [Member]
Real Estate Investment [Abstract]
Real estate investments	28,679
Unconsolidated Joint Ventures [Member] | Retail [Member]
Real Estate Investment [Abstract]
Real estate investments	28,679
Unconsolidated Joint Ventures [Member] | Office [Member]
Real Estate Investment [Abstract]
Real estate investments	$ 0

INVESTMENT PROPERTIES (Details)

INVESTMENT PROPERTIES (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Properties, net [Abstract]
Gross properties	$ 1,149,182	$ 1,141,770
Accumulated depreciation	(261,325)	(241,154)
Properties, net	$ 887,857	$ 900,616
Maximum [Member]
Rental payments on non-cancelable operating leases [Abstract]
Additional rent based on tenant revenue, as percent of consolidated revenues	1.00%	1.00%	1.00%
Land [Member]
Properties, net [Abstract]
Gross properties	$ 236,654	$ 238,766
Buildings and Improvements [Member]
Properties, net [Abstract]
Gross properties	$ 912,528	$ 903,004

INVESTMENT PROPERTIES, Signific

INVESTMENT PROPERTIES, Significant Investment Property Transactions (Details)	1 Months Ended	12 Months Ended
	Dec. 31, 2018USD ($)	Oct. 31, 2020USD ($)	Oct. 31, 2019USD ($)	Oct. 31, 2018USD ($)	Dec. 03, 2018ft²
Significant Investment Property Transactions [Abstract]
Amortization of above and below Market Leases		$ (706,000)	$ (614,000)	$ (1,209,000)
Capital improvements to properties and leasing costs		22,300,000
Additional Capital Investment on Real Property-Stratford, CT		11,300,000
Lakeview Shopping Center [Member]
Significant Investment Property Transactions [Abstract]
Purchase price of property acquired	$ 12,000,000
Area of real estate property acquired | ft²					177,000
Land			2,025,000
Building and improvements			10,620,000
Capital improvements to properties and leasing costs		$ 5,800,000
Lakeview Shopping Center [Member] | In-Place Leases [Member]
Significant Investment Property Transactions [Abstract]
Intangible assets			772,000
Intangible liabilities			0
Lakeview Shopping Center [Member] | Above/Below-Market Leases [Member]
Significant Investment Property Transactions [Abstract]
Intangible assets			459,000
Intangible liabilities			$ 1,123,000

MORTGAGE NOTES PAYABLE, BANK _3

MORTGAGE NOTES PAYABLE, BANK LINES OF CREDIT AND OTHER LOANS (Details) $ in Thousands	12 Months Ended
	Oct. 31, 2020USD ($)Bank	Oct. 31, 2019USD ($)	Oct. 31, 2018USD ($)
Mortgage Notes Payable, Bank Lines of Credit and Other Loans [Abstract]
Real estate pledged as collateral at fair value	$ 540,100
Principal Repayments [Abstract]
2020	0
2021	49,486
2022	0
2023	18,710
2024	82,243
Thereafter	105,224
Total principal repayments	255,663
Scheduled Amortization [Abstract]
2020	7,252
2021	6,500
2022	6,233
2023	6,289
2024	4,052
Thereafter	10,282
Total scheduled amortization	40,608
Total [Abstract]
2020	7,252
2021	55,986
2022	6,233
2023	24,999
2024	86,295
Thereafter	115,506
Total principal and scheduled amortization of debt	296,271
Repayments of borrowings on facility	$ 0	$ 54,095	$ 9,000
Minimum [Member]
Mortgage Notes Payable, Bank Lines of Credit and Other Loans [Abstract]
Effective interest rate	3.50%
Maximum [Member]
Mortgage Notes Payable, Bank Lines of Credit and Other Loans [Abstract]
Effective interest rate	4.90%
BNY, Wells Fargo and Bank of Montreal [Member] | Unsecured Revolving Credit Agreement [Member]
Total [Abstract]
Maximum borrowing capacity	$ 100,000
Number of syndicated banks | Bank	3
Option, maximum borrowing capacity	$ 150,000
Maturity date	Aug. 23, 2021
Covenant compliance	The Company was in compliance with such covenants at October 31, 2020.
Unsecured revolving line of credit capacity at year end	$ 64,000
Borrowing under revolving credit facility	$ 35,000	25,500
Repayments of borrowings on facility		$ 54,100
BNY, Wells Fargo and Bank of Montreal [Member] | Unsecured Revolving Credit Agreement [Member] | Minimum [Member]
Total [Abstract]
Commitment fee	0.15%
BNY, Wells Fargo and Bank of Montreal [Member] | Unsecured Revolving Credit Agreement [Member] | Maximum [Member]
Total [Abstract]
Commitment fee	0.25%
BNY, Wells Fargo and Bank of Montreal [Member] | Unsecured Revolving Credit Agreement [Member] | Eurodollar [Member] | Minimum [Member]
Total [Abstract]
Basis spread on variable rate	1.35%
BNY, Wells Fargo and Bank of Montreal [Member] | Unsecured Revolving Credit Agreement [Member] | Eurodollar [Member] | Maximum [Member]
Total [Abstract]
Basis spread on variable rate	1.95%
BNY, Wells Fargo and Bank of Montreal [Member] | Unsecured Revolving Credit Agreement [Member] | Prime Rate [Member] | Minimum [Member]
Total [Abstract]
Basis spread on variable rate	0.35%
BNY, Wells Fargo and Bank of Montreal [Member] | Unsecured Revolving Credit Agreement [Member] | Prime Rate [Member] | Maximum [Member]
Total [Abstract]
Basis spread on variable rate	0.95%
BNY, Wells Fargo and Bank of Montreal [Member] | Letter of Credit [Member]
Total [Abstract]
Maximum borrowing capacity	$ 10,000

MORTGAGE NOTES PAYABLE, BANK _4

MORTGAGE NOTES PAYABLE, BANK LINES OF CREDIT AND OTHER LOANS, Terms of Notes Payable (Details) $ in Thousands	Oct. 31, 2020USD ($)
Debt Instruments [Abstract]
Principal amount	$ 296,271

MORTGAGE NOTES PAYABLE, BANK _5

MORTGAGE NOTES PAYABLE, BANK LINES OF CREDIT AND OTHER LOANS, Refinancings (Details) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Mortgage Notes Payable, Bank Lines of Credit and Other Loans [Abstract]
Interest paid	$ 13.3	$ 13.7	$ 13.4
Refinanced First Mortgage [Member] | Darien, CT [Member]
Mortgage Notes Payable, Bank Lines of Credit and Other Loans [Abstract]
Basis spread on variable rate	1.65%
Estimated fair value of first mortgage secured by property	$ 25
Mortgage Loan Balance - Existing	$ 14.9
New mortgage loan term	10 years
Benchmark interest rate	LIBOR
Fixed interest rate of interest rate derivative	4.815%
Refinanced First Mortgage [Member] | Newark, NJ [Member]
Mortgage Notes Payable, Bank Lines of Credit and Other Loans [Abstract]
Estimated fair value of first mortgage secured by property	$ 10
Mortgage Loan Balance - Existing	$ 9.1
New mortgage loan term	10 years
Fixed interest rate of interest rate derivative	4.63%
Mortgage Loan [Member] | Lakeview Shopping Center [Member]
Mortgage Notes Payable, Bank Lines of Credit and Other Loans [Abstract]
Basis spread on variable rate	1.75%
Estimated fair value of first mortgage secured by property	$ 12
New mortgage loan term	10 years
Benchmark interest rate	LIBOR
Fixed interest rate of interest rate derivative	3.6325%

CONSOLIDATED JOINT VENTURES A_3

CONSOLIDATED JOINT VENTURES AND REDEEMABLE NONCONTROLLING INTERESTS, Consolidated Joint Ventures (Details) $ in Millions	1 Months Ended	12 Months Ended
	Aug. 31, 2019USD ($)	Oct. 31, 2020USD ($)InvestmentPropertyshares	Aug. 21, 2019
Consolidated Joint Ventures [Abstract]
Number of real estate joint venture investments | Investment		5
Number of properties the Company owned or had equity interest in | Property		81
UB Ironbound, LP [Member]
Consolidated Joint Ventures [Abstract]
Ownership interest in consolidated joint venture after redemption			100.00%
Additional investment in consolidated joint venture	$ 3
Ownership interest - inception of investment			84.00%
UB Orangeburg, LLC [Member]
Consolidated Joint Ventures [Abstract]
Ownership interest		44.60%
Additional investment in consolidated joint venture		$ 6.8
Ownership interest - inception of investment		2.92%
UB Orangeburg, LLC [Member] | Class A Common Stock [Member]
Consolidated Joint Ventures [Abstract]
Number of shares of common stock included in calculation of regular quarterly cash distribution equivalent to annual cash distribution to non-managing member of subsidiary (in shares) | shares		1
McLean Plaza Associates, LLC [Member]
Consolidated Joint Ventures [Abstract]
Ownership interest		53.00%
Fixed annual distribution		5.05%
UB High Ridge, LLC [Member]
Consolidated Joint Ventures [Abstract]
Ownership interest		16.30%
Additional investment in consolidated joint venture		$ 3.2
Fixed annual distribution		4.58%
Initial net investment amount		$ 5.5
Additional Equity Contributed to Joint Venture		$ 1.5
UB High Ridge, LLC [Member] | Commercial Real Estate [Member]
Consolidated Joint Ventures [Abstract]
Number of properties the Company owned or had equity interest in | Property		3
UB High Ridge, LLC [Member] | Retail Property [Member]
Consolidated Joint Ventures [Abstract]
Number of properties the Company owned or had equity interest in | Property		2
UB High Ridge, LLC [Member] | Retail Property [Member] | Chase Property [Member]
Consolidated Joint Ventures [Abstract]
Number of properties the Company owned or had equity interest in | Property		1
UB High Ridge, LLC [Member] | Retail Property [Member] | CVS [Member]
Consolidated Joint Ventures [Abstract]
Number of properties the Company owned or had equity interest in | Property		1
UB Dumont I, LLC [Member]
Consolidated Joint Ventures [Abstract]
Ownership interest		36.40%
Additional investment in consolidated joint venture		$ 630,000
Fixed annual distribution		4.92%
Initial net investment amount		$ 3.9
UB New City, LLC [Member]
Consolidated Joint Ventures [Abstract]
Ownership interest		84.30%
Additional investment in consolidated joint venture		$ 289,300
Fixed annual distribution		5.00%
Initial net investment amount		$ 2.4

CONSOLIDATED JOINT VENTURES A_4

CONSOLIDATED JOINT VENTURES AND REDEEMABLE NONCONTROLLING INTERESTS, Redeemable Noncontrolling Interests (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019
Redeemable non-controlling interests [Roll Forward]
Beginning Balance	$ 77,876	$ 78,258
Redemption of UB High Ridge Noncontrolling Interest	(560)	(1,413)
Redemption Value of UB Dumont I, LLC non-controlling interest	0	(630)
uba_ Redemption Value Of UB New City, LLC Non Controlling Interest	(198)	(91)
Redemption Value of UB Ironbound, LP non-controlling interest	0	(2,700)
Change in Redemption Value	(15,047)	4,452
Ending Balance	$ 62,071	$ 77,876

INVESTMENTS IN AND ADVANCES T_3

INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED JOINT VENTURES (Details)	12 Months Ended
	Oct. 31, 2020USD ($)ft²Subsidiary	Oct. 31, 2019USD ($)	Oct. 31, 2018USD ($)
Investments in and Advances to Unconsolidated Joint Ventures [Abstract]
Investments in and advances to unconsolidated joint ventures	$ 28,679,000	$ 29,374,000
Non-recourse first mortgage payable	299,434,000	306,606,000
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal	(6,047,000)	(19,000)	$ 0
Chestnut Ridge [Member]
Investments in and Advances to Unconsolidated Joint Ventures [Abstract]
Investments in and advances to unconsolidated joint ventures	$ 12,252,000	$ 12,048,000
Ownership interest	50.00%	50.00%
Area of property | ft²	76,000
Plaza 59 Shopping Centers [Member]
Investments in and Advances to Unconsolidated Joint Ventures [Abstract]
Ownership interest		50.00%
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal		$ (462,000)
Contract sale price of long lived asset held for sale		10,000,000
Gateway Plaza [Member]
Investments in and Advances to Unconsolidated Joint Ventures [Abstract]
Investments in and advances to unconsolidated joint ventures	$ 6,929,000	$ 6,847,000
Ownership interest	50.00%	50.00%
Area of property | ft²	198,500
In-line space | ft²	27,000
Newly constructed pad site square feet | ft²	3,500
Gateway Plaza [Member] | Non-recourse First Mortgage Payable [Member]
Investments in and Advances to Unconsolidated Joint Ventures [Abstract]
Non-recourse first mortgage payable	$ 11,600,000
Maturity date of debt	Mar. 1, 2024
Stated interest rate	4.20%
Walmart in Gateway Plaza Shopping Center [Member]
Investments in and Advances to Unconsolidated Joint Ventures [Abstract]
Area of property | ft²	168,000
Putnam Plaza Shopping Center [Member]
Investments in and Advances to Unconsolidated Joint Ventures [Abstract]
Investments in and advances to unconsolidated joint ventures	$ 2,599,000	$ 3,446,000
Ownership interest	66.67%	66.67%
Area of property | ft²	189,000
Putnam Plaza Shopping Center [Member] | Non-recourse First Mortgage Payable [Member]
Investments in and Advances to Unconsolidated Joint Ventures [Abstract]
Non-recourse first mortgage payable	$ 18,300,000
Maturity date of debt	Nov. 1, 2028
Stated interest rate	4.81%
Midway Shopping Center, L.P. [Member]
Investments in and Advances to Unconsolidated Joint Ventures [Abstract]
Investments in and advances to unconsolidated joint ventures	$ 4,233,000	$ 4,384,000
Ownership interest	11.792%	11.792%
Area of property | ft²	247,000
Ownership percentage	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] | Non-recourse First Mortgage Payable [Member]
Investments in and Advances to Unconsolidated Joint Ventures [Abstract]
Non-recourse first mortgage payable	$ 25,700,000
Maturity date of debt	Dec. 31, 2027
Stated interest rate	4.80%
Applebee's at Riverhead [Member]
Investments in and Advances to Unconsolidated Joint Ventures [Abstract]
Investments in and advances to unconsolidated joint ventures	$ 1,943,000	$ 1,926,000
Ownership interest	50.00%	50.00%
Area of property | ft²	5,400
Newly constructed pad site square feet | ft²	7,200
81 Pondfield Road Company [Member]
Investments in and Advances to Unconsolidated Joint Ventures [Abstract]
Investments in and advances to unconsolidated joint ventures	$ 723,000	$ 723,000
Ownership interest	20.00%	20.00%
Gateway Plaza and Applebee's at Riverhead [Member]
Investments in and Advances to Unconsolidated Joint Ventures [Abstract]
Number of wholly-owned subsidiaries involved in acquisition of properties | Subsidiary	2
Ownership percentage	50.00%

LEASES (Details)

LEASES (Details) - USD ($)		12 Months Ended
		Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Operating lease income [Abstract]
Fixed lease income (Base Rent)		$ 98,678,000	$ 99,845,000	$ 95,734,000
Variable lease income (Cost Recoveries)		28,889,000	32,784,000	31,144,000
Other lease related income, net [Abstract]
Above/below market rent amortization		706,000	614,000	1,209,000
Uncollectible amounts in lease income		(3,916,000)	(956,000)	(857,000)
Reduction in lease income for ASC Topic 842 cash-basis conversion		(3,416,000)	0	0
Total lease income		120,941,000	$ 132,287,000	$ 127,230,000
Future Minimum Rents under Non-Cancelable Operating Leases [Abstract]
2021	[1]	99,312,000
2022		83,631,000
2023		67,486,000
2024		57,996,000
2025		45,831,000
Thereafter		215,138,000
Total		$ 569,394,000
[1]	The amounts above are based on existing leases in place at October 31, 2020.

STOCKHOLDERS' EQUITY, Authorize

STOCKHOLDERS' EQUITY, Authorized Stock, Preferred Stock and Common Stock (Details) $ / shares in Units, $ in Thousands	1 Months Ended	3 Months Ended								12 Months Ended
	Oct. 31, 2019USD ($)shares	Oct. 31, 2020USD ($)Director$ / sharesshares	Jul. 31, 2020USD ($)	Apr. 30, 2020USD ($)	Jan. 31, 2020USD ($)	Oct. 31, 2019USD ($)shares	Jul. 31, 2019USD ($)	Apr. 30, 2019USD ($)	Jan. 31, 2019USD ($)	Oct. 31, 2020USD ($)VoteDirectorQuarter$ / sharesshares	Oct. 31, 2019USD ($)Vote$ / sharesshares	Oct. 31, 2018USD ($)shares	Sep. 30, 2019$ / shares
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Shares authorized (in shares) | shares		200,000,000								200,000,000
Excess stock, shares authorized (in shares) | shares	20,000,000	20,000,000				20,000,000				20,000,000	20,000,000
Excess stock issuance threshold ownership percentage	7.50%	7.50%				7.50%				7.50%	7.50%
Proceeds from Issuance of Preferred Stock and Preference Stock | $										$ 17	$ 106,186	$ 0
Preferred Stock Redemption Premium | $		$ 0	$ 0	$ 0	$ 0	$ 2,363	$ 0	$ 0	$ 0	$ 0	$ 2,363	$ 0
Minimum [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Class A Common Stock dividend per share to Common Stock dividend per share										110.00%	110.00%
January 17, 2020 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Dividend payment date										Jan. 17, 2020
April 17, 2020 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Dividend payment date										Apr. 17, 2020
July 17, 2020 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Dividend payment date										Jul. 17, 2020
October 16, 2020 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Dividend payment date										Oct. 16, 2020
January 18, 2019 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Dividend payment date										Jan. 18, 2019
April 19, 2019 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Dividend payment date										Apr. 18, 2019
July 19, 2019 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Dividend payment date										Jul. 19, 2019
October 18, 2019 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Dividend payment date										Oct. 18, 2019
Common Shares [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Gross dividend paid per share (in dollars per share)										$ 0.6875	$ 0.98
Ordinary income (in dollars per share)										0.479562	0.69342
Capital gain (in dollars per share)										(0.009284)	0.024624
Non-taxable portion (in dollars per share)										0.217222	0.261956
Common Shares [Member] | January 17, 2020 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Gross dividend paid per share (in dollars per share)										0.2500
Ordinary income (in dollars per share)										0.174386
Capital gain (in dollars per share)										(0.003376)
Non-taxable portion (in dollars per share)										0.07899
Common Shares [Member] | April 17, 2020 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Gross dividend paid per share (in dollars per share)										0.2500
Ordinary income (in dollars per share)										0.174386
Capital gain (in dollars per share)										(0.003376)
Non-taxable portion (in dollars per share)										0.07899
Common Shares [Member] | July 17, 2020 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Gross dividend paid per share (in dollars per share)										0.0625
Ordinary income (in dollars per share)										0.043597
Capital gain (in dollars per share)										(0.000844)
Non-taxable portion (in dollars per share)										0.019747
Common Shares [Member] | October 16, 2020 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Gross dividend paid per share (in dollars per share)										0.1250
Ordinary income (in dollars per share)										0.087193
Capital gain (in dollars per share)										(0.001688)
Non-taxable portion (in dollars per share)										0.039495
Common Shares [Member] | January 18, 2019 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Gross dividend paid per share (in dollars per share)											0.245
Ordinary income (in dollars per share)											0.173355
Capital gain (in dollars per share)											0.006156
Non-taxable portion (in dollars per share)											0.065489
Common Shares [Member] | April 19, 2019 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Gross dividend paid per share (in dollars per share)											0.245
Ordinary income (in dollars per share)											0.173355
Capital gain (in dollars per share)											0.006156
Non-taxable portion (in dollars per share)											0.065489
Common Shares [Member] | July 19, 2019 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Gross dividend paid per share (in dollars per share)											0.245
Ordinary income (in dollars per share)											0.173355
Capital gain (in dollars per share)											0.006156
Non-taxable portion (in dollars per share)											0.065489
Common Shares [Member] | October 18, 2019 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Gross dividend paid per share (in dollars per share)											0.245
Ordinary income (in dollars per share)											0.173355
Capital gain (in dollars per share)											0.006156
Non-taxable portion (in dollars per share)											0.065489
Class A Common Shares [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Gross dividend paid per share (in dollars per share)										0.77	1.10
Ordinary income (in dollars per share)										0.5371	0.7784
Capital gain (in dollars per share)										(0.0104)	0.0276
Non-taxable portion (in dollars per share)										0.2433	0.294
Class A Common Shares [Member] | January 17, 2020 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Gross dividend paid per share (in dollars per share)										0.28
Ordinary income (in dollars per share)										0.1953
Capital gain (in dollars per share)										(0.0038)
Non-taxable portion (in dollars per share)										0.0885
Class A Common Shares [Member] | April 17, 2020 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Gross dividend paid per share (in dollars per share)										0.28
Ordinary income (in dollars per share)										0.1953
Capital gain (in dollars per share)										(0.0038)
Non-taxable portion (in dollars per share)										0.0885
Class A Common Shares [Member] | July 17, 2020 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Gross dividend paid per share (in dollars per share)										0.07
Ordinary income (in dollars per share)										0.0488
Capital gain (in dollars per share)										(0.0009)
Non-taxable portion (in dollars per share)										0.0221
Class A Common Shares [Member] | October 16, 2020 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Gross dividend paid per share (in dollars per share)										0.14
Ordinary income (in dollars per share)										0.0977
Capital gain (in dollars per share)										(0.0019)
Non-taxable portion (in dollars per share)										$ 0.0442
Class A Common Shares [Member] | January 18, 2019 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Gross dividend paid per share (in dollars per share)											0.275
Ordinary income (in dollars per share)											0.1946
Capital gain (in dollars per share)											0.0069
Non-taxable portion (in dollars per share)											0.0735
Class A Common Shares [Member] | April 19, 2019 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Gross dividend paid per share (in dollars per share)											0.275
Ordinary income (in dollars per share)											0.1946
Capital gain (in dollars per share)											0.0069
Non-taxable portion (in dollars per share)											0.0735
Class A Common Shares [Member] | July 19, 2019 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Gross dividend paid per share (in dollars per share)											0.275
Ordinary income (in dollars per share)											0.1946
Capital gain (in dollars per share)											0.0069
Non-taxable portion (in dollars per share)											0.0735
Class A Common Shares [Member] | October 18, 2019 [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Gross dividend paid per share (in dollars per share)											0.275
Ordinary income (in dollars per share)											0.1946
Capital gain (in dollars per share)											0.0069
Non-taxable portion (in dollars per share)											$ 0.0735
Common Stock [Member] | Common Shares [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Common stock, shares authorized (in shares) | shares	30,000,000	30,000,000				30,000,000				30,000,000	30,000,000
Voting rights per share | Vote										1	1
Shares issued under the dividend reinvestment plan (in shares) | shares										4,451	4,545	4,528
Common Stock available for issuance (in shares) | shares		329,410								329,410
Common Stock [Member] | Class A Common Shares [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Common stock, shares authorized (in shares) | shares	100,000,000	100,000,000				100,000,000				100,000,000	100,000,000
Voting rights per share | Vote										0.05	0.05
Shares issued under the dividend reinvestment plan (in shares) | shares										6,837	5,417	5,766
Common Stock available for issuance (in shares) | shares		380,896								380,896
Preferred Stock [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Preferred stock, shares authorized (in shares) | shares	50,000,000	50,000,000				50,000,000				50,000,000	50,000,000
Preferred Stock [Member] | Series I & J Participating Preferred Stock [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Preferred shares purchaseable per right (in shares) | shares		0.01								0.01
Exercise price per right (in dollars per right)		$ 85								$ 85
Value of common shares as a multiple of the exercise price of the right		200.00%								200.00%
Preferred Stock [Member] | Series I & J Participating Preferred Stock [Member] | Minimum [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Percentage of combined voting power of Common Shares to trigger rights distribution		10.00%								10.00%
Percentage of ownership offer to trigger rights distribution		30.00%								30.00%
Preferred Stock [Member] | 6.75% Series G Cumulative Preferred Stock [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Redemption price (in dollars per share)													$ 25
Preferred stock, dividend rate											6.75%	6.75%
Preferred Stock Redemption Premium | $	$ 2,400
Preferred Stock [Member] | 6.25% Series H Preferred Stock [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Redemption price (in dollars per share)		$ 25								$ 25
Preferred stock, dividend rate										6.25%	6.25%	6.25%
Number of quarters with cumulative arrearage of quarterly dividends to trigger the election of additional board members by holders of preferred stock | Quarter										6
Number of directors redeemable preferred stockholders are entitled to elect | Director		2								2
Redemption date of preferred stock										Sep. 18, 2022
Preferred Stock [Member] | 5.875% Series K Cumulative Preferred Stock [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Redemption price (in dollars per share)		$ 25								$ 25
Preferred stock, dividend rate										5.875%	5.875%
Number of quarters with cumulative arrearage of quarterly dividends to trigger the election of additional board members by holders of preferred stock | Quarter										6
Number of directors redeemable preferred stockholders are entitled to elect | Director		2								2
Redemption date of preferred stock										Oct. 1, 2024
Excess Stock [Member]
Authorized Stock, Preferred Stock, and Common Stock [Abstract]
Excess stock, shares authorized (in shares) | shares	20,000,000	20,000,000				20,000,000				20,000,000	20,000,000

STOCKHOLDERS' EQUITY, Stock Rep

STOCKHOLDERS' EQUITY, Stock Repurchase (Details)	Oct. 31, 2020shares
Common Stock [Member] | All Share Repurchase Programs [Member]
Stock Repurchase [Abstract]
Number of shares repurchased to date (in shares)	4,600
Class A Common Stock [Member] | Current Program [Member]
Stock Repurchase [Abstract]
Number of shares repurchased to date (in shares)	195,413
Class A Common Stock [Member] | All Share Repurchase Programs [Member]
Stock Repurchase [Abstract]
Number of shares repurchased to date (in shares)	919,991
Class A Common Shares, Common Shares, Series G Preferred Stock and Series H Preferred Stock [Member] | Current Program [Member]
Stock Repurchase [Abstract]
Number of shares authorized for repurchase (in shares)	2,000,000

STOCK COMPENSATION AND OTHER _3

STOCK COMPENSATION AND OTHER BENEFIT PLANS (Details) - USD ($)	Dec. 17, 2019	Mar. 31, 2019	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Savings Plan [Abstract]
Company contributions to 401K Plan			$ 253,000	$ 224,000	$ 220,000
Common Shares [Member]
Non-vested shares, number of shares [Roll forward]
Granted (in shares)	105,850
Class A Common Stock [Member]
Non-vested shares, number of shares [Roll forward]
Granted (in shares)	125,800
Restricted Stock [Member]
Restricted Stock Plan [Abstract]
Grant date fair value of restricted stock grants awarded to participants			5,000,000
Unamortized restricted stock compensation			$ 12,700,000
Weighted average period for recognizing unamortized expense			4 years 9 months 18 days
Compensation expense			$ 5,523,000	$ 4,336,000	$ 4,394,000
Allocated Share Based Payment Related to Former Chairman			$ 1,400,000
Restricted Stock [Member] | Common Shares [Member]
Restricted Stock Plan [Abstract]
Number of shares authorized (in shares)			350,000
Non-vested shares, number of shares [Roll forward]
Non-vested, beginning of period (in shares)			1,146,100
Granted (in shares)			105,450
Vested (in shares)			(327,000)
Forfeited (in shares)			0
Non-vested at July 31, 2020			924,550	1,146,100
Non-vested shares, weighted-average grant-date fair value [Roll forward]
Non-vested, beginning of period (in dollars per share)			$ 17.52
Granted (in dollars per share)			19.59
Vested (in dollars per share)			17.71
Forfeited (in dollars per share)			0
Non-vested, end of period (in dollars per share)			$ 17.69	$ 17.52
Restricted Stock [Member] | Class A Common Stock [Member]
Restricted Stock Plan [Abstract]
Number of shares authorized (in shares)			350,000
Non-vested shares, number of shares [Roll forward]
Non-vested, beginning of period (in shares)			463,225
Granted (in shares)			120,800
Vested (in shares)			(92,375)
Forfeited (in shares)			(700)
Non-vested at July 31, 2020			490,950	463,225
Non-vested shares, weighted-average grant-date fair value [Roll forward]
Non-vested, beginning of period (in dollars per share)			$ 21.07
Granted (in dollars per share)			23.96
Vested (in dollars per share)			22.20
Forfeited (in dollars per share)			23.23
Non-vested, end of period (in dollars per share)			$ 21.56	$ 21.07
Restricted Stock [Member] | Class A Common Shares or Common Shares [Member]
Restricted Stock Plan [Abstract]
Number of shares authorized (in shares)			5,500,000
Restricted Stock Plan [Member]
Non-vested shares, weighted-average grant-date fair value [Roll forward]
Number of additional shares authorized (in shares)		1,000,000
Restricted Stock Plan [Member] | Class A Common Shares or Common Shares [Member]
Restricted Stock Plan [Abstract]
Number of shares authorized (in shares)			4,800,000

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018	Oct. 31, 2017
Fair Value Measurements [Abstract]
Increase (decrease) in redemption value of noncontrolling interest	$ (15,047)	$ 4,452	$ (2,674)
Redemption Value of UB Ironbound, LP non-controlling interest	0	(2,700)
Estimated fair value of mortgage notes payable and other loans	316,000	311,000
Recurring [Member]
Liabilities [Abstract]
Interest Rate Swap Agreements	13,300	6,754
Redeemable noncontrolling interests	62,071	77,876
Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Liabilities [Abstract]
Interest Rate Swap Agreements	0	0
Redeemable noncontrolling interests	9,921	24,968
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Liabilities [Abstract]
Interest Rate Swap Agreements	13,300	6,754
Redeemable noncontrolling interests	51,604	52,362
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Liabilities [Abstract]
Interest Rate Swap Agreements	0	0
Redeemable noncontrolling interests	$ 546	546		$ 2,768
UB Ironbound, LP ("Ironbound") [Member]
Fair Value Measurements [Abstract]
Increase (decrease) in redemption value of noncontrolling interest		478
Redemption Value of UB Ironbound, LP non-controlling interest		$ (2,700)

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) $ in Millions	12 Months Ended
	Oct. 31, 2020USD ($)
COMMITMENTS AND CONTINGENCIES [Abstract]
Commitments for tenant related obligations	$ 7.6

QUARTERLY RESULTS OF OPERATIO_3

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2020	Jul. 31, 2020	Apr. 30, 2020	Jan. 31, 2020	Oct. 31, 2019	Jul. 31, 2019	Apr. 30, 2019	Jan. 31, 2019	Oct. 31, 2020	Oct. 31, 2019	Oct. 31, 2018
Unaudited Quarterly Results of Operations [Abstract]
Revenues	$ 32,318	$ 28,799	$ 31,280	$ 34,348	$ 34,117	$ 34,392	$ 34,105	$ 34,267	$ 126,745	$ 136,882	$ 134,722
Income from continuing operations	3,386	5,923	7,240	9,521	10,208	11,427	9,960	10,018
Net Income Attributable to Urstadt Biddle Properties Inc.	2,500	4,988	6,212	8,483	9,170	10,333	8,860	8,917	22,183	37,280	37,467
Preferred Stock Dividends	(3,413)	(3,412)	(3,413)	(3,412)	(3,601)	(3,063)	(3,062)	(3,063)	(13,650)	(12,789)	(12,250)
Redemption of Preferred Stock	0	0	0	0	(2,363)	0	0	0	0	(2,363)	0
Net Income (Loss) Applicable to Common and Class A Common Stockholders	$ (913)	$ 1,576	$ 2,799	$ 5,071	$ 3,206	$ 7,270	$ 5,798	$ 5,854	8,533	22,128	25,217
Class A Common Stock [Member]
Unaudited Quarterly Results of Operations [Abstract]
Net Income (Loss) Applicable to Common and Class A Common Stockholders									$ 6,684	$ 17,469	$ 20,044
Basic [Abstract]
Common Stock (in dollars per share)	$ (0.02)	$ 0.04	$ 0.07	$ 0.14	$ 0.09	$ 0.19	$ 0.16	$ 0.16	$ 0.23	$ 0.59	$ 0.68
Diluted [Abstract]
Common Stock (in dollars per share)	(0.02)	0.04	0.07	0.13	0.08	0.19	0.15	0.16	$ 0.22	$ 0.58	$ 0.67
Common Stock [Member]
Unaudited Quarterly Results of Operations [Abstract]
Net Income (Loss) Applicable to Common and Class A Common Stockholders									$ 1,849	$ 4,659	$ 5,173
Basic [Abstract]
Common Stock (in dollars per share)	(0.02)	0.04	0.07	0.12	0.08	0.17	0.14	0.14	$ 0.20	$ 0.53	$ 0.61
Diluted [Abstract]
Common Stock (in dollars per share)	$ (0.02)	$ 0.04	$ 0.07	$ 0.12	$ 0.07	$ 0.17	$ 0.14	$ 0.14	$ 0.20	$ 0.52	$ 0.60

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - USD ($) $ / shares in Units, $ in Millions	Dec. 15, 2020	Dec. 17, 2019
Restricted Stock Awards [Abstract]
Fair value of shares awarded		$ 3
Common Stock [Member]
Restricted Stock Awards [Abstract]
Number of shares awarded (in shares)		105,850
Class A Common Shares [Member]
Restricted Stock Awards [Abstract]
Number of shares awarded (in shares)		125,800
Dividend Declared [Member] | Common Stock [Member]
Dividends Declared [Abstract]
Dividends payable, date declared	Dec. 15, 2020
Cash dividends declared (in dollars per share)	$ 0.125
Dividends payable, date to be paid	Jan. 15, 2021
Dividends payable, record date	Jan. 5, 2021
Dividend Declared [Member] | Class A Common Shares [Member]
Dividends Declared [Abstract]
Dividends payable, date declared	Dec. 15, 2020
Cash dividends declared (in dollars per share)	$ 0.14
Dividends payable, date to be paid	Jan. 15, 2021
Dividends payable, record date	Jan. 5, 2021

SCHEDULE III - REAL ESTATE AN_2

SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION, Part I (Details) - USD ($) $ in Thousands		12 Months Ended
		Oct. 31, 2020		Oct. 31, 2019		Oct. 31, 2018		Oct. 31, 2017
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 296,271
Initial Cost to Company [Abstract]
Land	[1]	227,705
Building & Improvements	[1]	786,858
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	8,949
Building & Improvements	[1]	125,670
Amount at which Carried at Close of Period [Abstract]
Land	[1]	236,654
Building & Improvements	[1]	912,528
TOTAL		1,149,182	[1],[2]	$ 1,141,770	[2]	$ 1,118,075	[2]	$ 1,090,402
Accumulated Depreciation		261,325	[1],[3]	$ 241,154		$ 218,653		$ 195,020
Office Buildings [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	0
Initial Cost to Company [Abstract]
Land	[1]	2,076
Building & Improvements	[1]	6,378
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	3,012
Amount at which Carried at Close of Period [Abstract]
Land	[1]	2,076
Building & Improvements	[1]	9,390
TOTAL	[1]	11,466
Accumulated Depreciation	[1],[3]	4,448
Office Buildings [Member] | Greenwich, CT 1 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	0
Initial Cost to Company [Abstract]
Land	[1]	708
Building & Improvements	[1]	1,641
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	258
Amount at which Carried at Close of Period [Abstract]
Land	[1]	708
Building & Improvements	[1]	1,899
TOTAL	[1]	2,607
Accumulated Depreciation	[1],[3]	$ 898
Date Constructed/Acquired	[1]	2001
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	31 years 6 months
Office Buildings [Member] | Greenwich, CT 2 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	488
Building & Improvements	[1]	1,139
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	622
Amount at which Carried at Close of Period [Abstract]
Land	[1]	488
Building & Improvements	[1]	1,761
TOTAL	[1]	2,249
Accumulated Depreciation	[1],[3]	$ 826
Date Constructed/Acquired	[1]	2000
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	31 years 6 months
Office Buildings [Member] | Greenwich, CT 3 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	570
Building & Improvements	[1]	2,359
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	1,219
Amount at which Carried at Close of Period [Abstract]
Land	[1]	570
Building & Improvements	[1]	3,578
TOTAL	[1]	4,148
Accumulated Depreciation	[1],[3]	$ 1,607
Date Constructed/Acquired	[1]	1998
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	31 years 6 months
Office Buildings [Member] | Greenwich, CT 4 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	199
Building & Improvements	[1]	795
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	(1)
Building & Improvements	[1]	582
Amount at which Carried at Close of Period [Abstract]
Land	[1]	198
Building & Improvements	[1]	1,377
TOTAL	[1]	1,575
Accumulated Depreciation	[1],[3]	$ 715
Date Constructed/Acquired	[1]	1993
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	31 years 6 months
Office Buildings [Member] | Greenwich, CT 5 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	111
Building & Improvements	[1]	444
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	1
Building & Improvements	[1]	331
Amount at which Carried at Close of Period [Abstract]
Land	[1]	112
Building & Improvements	[1]	775
TOTAL	[1]	887
Accumulated Depreciation	[1],[3]	$ 402
Date Constructed/Acquired	[1]	1994
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	31 years 6 months
Retail Properties [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 296,271
Initial Cost to Company [Abstract]
Land	[1]	225,629
Building & Improvements	[1]	780,480
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	8,949
Building & Improvements	[1]	122,658
Amount at which Carried at Close of Period [Abstract]
Land	[1]	234,578
Building & Improvements	[1]	903,138
TOTAL	[1]	1,137,716
Accumulated Depreciation	[1],[3]	256,877
Retail Properties [Member] | Bronxville, NY [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	0
Initial Cost to Company [Abstract]
Land	[1]	60
Building & Improvements	[1]	239
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	95
Building & Improvements	[1]	771
Amount at which Carried at Close of Period [Abstract]
Land	[1]	155
Building & Improvements	[1]	1,010
TOTAL	[1]	1,165
Accumulated Depreciation	[1],[3]	$ 279
Date Constructed/Acquired	[1]	2009
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Yonkers, NY [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	30
Building & Improvements	[1]	121
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	183
Building & Improvements	[1]	734
Amount at which Carried at Close of Period [Abstract]
Land	[1]	213
Building & Improvements	[1]	855
TOTAL	[1]	1,068
Accumulated Depreciation	[1],[3]	$ 242
Date Constructed/Acquired	[1]	2009
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Yonkers, NY 2 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	30
Building & Improvements	[1]	121
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	85
Building & Improvements	[1]	341
Amount at which Carried at Close of Period [Abstract]
Land	[1]	115
Building & Improvements	[1]	462
TOTAL	[1]	577
Accumulated Depreciation	[1],[3]	$ 131
Date Constructed/Acquired	[1]	2009
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | New Milford, CT [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	2,114
Building & Improvements	[1]	8,456
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	71
Building & Improvements	[1]	609
Amount at which Carried at Close of Period [Abstract]
Land	[1]	2,185
Building & Improvements	[1]	9,065
TOTAL	[1]	11,250
Accumulated Depreciation	[1],[3]	$ 2,918
Date Constructed/Acquired	[1]	2008
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | New Milford, CT 2 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	4,492
Building & Improvements	[1]	17,967
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	166
Building & Improvements	[1]	3,500
Amount at which Carried at Close of Period [Abstract]
Land	[1]	4,658
Building & Improvements	[1]	21,467
TOTAL	[1]	26,125
Accumulated Depreciation	[1],[3]	$ 5,943
Date Constructed/Acquired	[1]	2010
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Newark, NJ [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 10,327
Initial Cost to Company [Abstract]
Land	[1]	5,252
Building & Improvements	[1]	21,023
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	1,531
Amount at which Carried at Close of Period [Abstract]
Land	[1]	5,252
Building & Improvements	[1]	22,554
TOTAL	[1]	27,806
Accumulated Depreciation	[1],[3]	$ 7,559
Date Constructed/Acquired	[1]	2008
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Waldwick, NJ [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	1,266
Building & Improvements	[1]	5,064
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	41
Amount at which Carried at Close of Period [Abstract]
Land	[1]	1,266
Building & Improvements	[1]	5,105
TOTAL	[1]	6,371
Accumulated Depreciation	[1],[3]	$ 1,678
Date Constructed/Acquired	[1]	2007
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Emerson, NJ [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 256
Initial Cost to Company [Abstract]
Land	[1]	3,633
Building & Improvements	[1]	14,531
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	1,808
Amount at which Carried at Close of Period [Abstract]
Land	[1]	3,633
Building & Improvements	[1]	16,339
TOTAL	[1]	19,972
Accumulated Depreciation	[1],[3]	$ 5,771
Date Constructed/Acquired	[1]	2007
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Pelham, NY [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	1,694
Building & Improvements	[1]	6,843
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	149
Amount at which Carried at Close of Period [Abstract]
Land	[1]	1,694
Building & Improvements	[1]	6,992
TOTAL	[1]	8,686
Accumulated Depreciation	[1],[3]	$ 2,577
Date Constructed/Acquired	[1]	2006
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Stratford,CT [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 23,540
Initial Cost to Company [Abstract]
Land	[1]	10,173
Building & Improvements	[1]	40,794
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	3,914
Building & Improvements	[1]	22,966
Amount at which Carried at Close of Period [Abstract]
Land	[1]	14,087
Building & Improvements	[1]	63,760
TOTAL	[1]	77,847
Accumulated Depreciation	[1],[3]	$ 22,613
Date Constructed/Acquired	[1]	2005
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Yorktown Heights, NY [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	5,786
Building & Improvements	[1]	23,221
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	15,590
Amount at which Carried at Close of Period [Abstract]
Land	[1]	5,786
Building & Improvements	[1]	38,811
TOTAL	[1]	44,597
Accumulated Depreciation	[1],[3]	$ 11,673
Date Constructed/Acquired	[1]	2005
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Rye, NY [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	909
Building & Improvements	[1]	3,637
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	376
Amount at which Carried at Close of Period [Abstract]
Land	[1]	909
Building & Improvements	[1]	4,013
TOTAL	[1]	4,922
Accumulated Depreciation	[1],[3]	$ 1,726
Date Constructed/Acquired	[1]	2004
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Rye, NY 2 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	483
Building & Improvements	[1]	1,930
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	113
Amount at which Carried at Close of Period [Abstract]
Land	[1]	483
Building & Improvements	[1]	2,043
TOTAL	[1]	2,526
Accumulated Depreciation	[1],[3]	$ 843
Date Constructed/Acquired	[1]	2004
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Rye, NY 3 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	239
Building & Improvements	[1]	958
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	64
Amount at which Carried at Close of Period [Abstract]
Land	[1]	239
Building & Improvements	[1]	1,022
TOTAL	[1]	1,261
Accumulated Depreciation	[1],[3]	$ 417
Date Constructed/Acquired	[1]	2004
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Rye, NY 4 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	695
Building & Improvements	[1]	2,782
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	20
Amount at which Carried at Close of Period [Abstract]
Land	[1]	695
Building & Improvements	[1]	2,802
TOTAL	[1]	3,497
Accumulated Depreciation	[1],[3]	$ 1,189
Date Constructed/Acquired	[1]	2004
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Somers, NY [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	4,318
Building & Improvements	[1]	17,268
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	412
Amount at which Carried at Close of Period [Abstract]
Land	[1]	4,318
Building & Improvements	[1]	17,680
TOTAL	[1]	21,998
Accumulated Depreciation	[1],[3]	$ 7,800
Date Constructed/Acquired	[1]	2003
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Westport, CT [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	2,076
Building & Improvements	[1]	8,305
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	647
Amount at which Carried at Close of Period [Abstract]
Land	[1]	2,076
Building & Improvements	[1]	8,952
TOTAL	[1]	11,028
Accumulated Depreciation	[1],[3]	$ 4,020
Date Constructed/Acquired	[1]	2003
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Orange, CT [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	2,320
Building & Improvements	[1]	10,564
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	6,008
Amount at which Carried at Close of Period [Abstract]
Land	[1]	2,320
Building & Improvements	[1]	16,572
TOTAL	[1]	18,892
Accumulated Depreciation	[1],[3]	$ 5,395
Date Constructed/Acquired	[1]	2003
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Stamford, CT [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 46,456
Initial Cost to Company [Abstract]
Land	[1]	17,964
Building & Improvements	[1]	71,859
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	6,650
Amount at which Carried at Close of Period [Abstract]
Land	[1]	17,964
Building & Improvements	[1]	78,509
TOTAL	[1]	96,473
Accumulated Depreciation	[1],[3]	$ 38,849
Date Constructed/Acquired	[1]	2002
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Danbury, CT [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	2,459
Building & Improvements	[1]	4,566
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	903
Amount at which Carried at Close of Period [Abstract]
Land	[1]	2,459
Building & Improvements	[1]	5,469
TOTAL	[1]	7,928
Accumulated Depreciation	[1],[3]	$ 2,784
Date Constructed/Acquired	[1]	2002
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Briarcliff, NY 1 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	2,222
Building & Improvements	[1]	5,185
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	1,234
Building & Improvements	[1]	8,881
Amount at which Carried at Close of Period [Abstract]
Land	[1]	3,456
Building & Improvements	[1]	14,066
TOTAL	[1]	17,522
Accumulated Depreciation	[1],[3]	$ 4,215
Date Constructed/Acquired	[1]	2001
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	40 years
Retail Properties [Member] | Somers, NY 2 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	1,833
Building & Improvements	[1]	7,383
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	3,661
Amount at which Carried at Close of Period [Abstract]
Land	[1]	1,833
Building & Improvements	[1]	11,044
TOTAL	[1]	12,877
Accumulated Depreciation	[1],[3]	$ 5,433
Date Constructed/Acquired	[1]	1999
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	31 years 6 months
Retail Properties [Member] | Briarcliff, NY 2 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	380
Building & Improvements	[1]	1,531
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	143
Amount at which Carried at Close of Period [Abstract]
Land	[1]	380
Building & Improvements	[1]	1,674
TOTAL	[1]	2,054
Accumulated Depreciation	[1],[3]	$ 945
Date Constructed/Acquired	[1]	1999
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	40 years
Retail Properties [Member] | Briarcliff, NY 3 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 14,232
Initial Cost to Company [Abstract]
Land	[1]	2,300
Building & Improvements	[1]	9,708
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	2
Building & Improvements	[1]	2,623
Amount at which Carried at Close of Period [Abstract]
Land	[1]	2,302
Building & Improvements	[1]	12,331
TOTAL	[1]	14,633
Accumulated Depreciation	[1],[3]	$ 6,386
Date Constructed/Acquired	[1]	1998
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	40 years
Retail Properties [Member] | Ridgefield, CT [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	900
Building & Improvements	[1]	3,793
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	291
Building & Improvements	[1]	3,288
Amount at which Carried at Close of Period [Abstract]
Land	[1]	1,191
Building & Improvements	[1]	7,081
TOTAL	[1]	8,272
Accumulated Depreciation	[1],[3]	$ 2,806
Date Constructed/Acquired	[1]	1998
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	40 years
Retail Properties [Member] | Darien, CT [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 24,227
Initial Cost to Company [Abstract]
Land	[1]	4,260
Building & Improvements	[1]	17,192
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	700
Amount at which Carried at Close of Period [Abstract]
Land	[1]	4,260
Building & Improvements	[1]	17,892
TOTAL	[1]	22,152
Accumulated Depreciation	[1],[3]	$ 9,910
Date Constructed/Acquired	[1]	1998
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	40 years
Retail Properties [Member] | Eastchester, NY [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	1,500
Building & Improvements	[1]	6,128
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	2,929
Amount at which Carried at Close of Period [Abstract]
Land	[1]	1,500
Building & Improvements	[1]	9,057
TOTAL	[1]	10,557
Accumulated Depreciation	[1],[3]	$ 4,724
Date Constructed/Acquired	[1]	1997
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	31 years
Retail Properties [Member] | Danbury, CT 2 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	3,850
Building & Improvements	[1]	15,811
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	5,206
Amount at which Carried at Close of Period [Abstract]
Land	[1]	3,850
Building & Improvements	[1]	21,017
TOTAL	[1]	24,867
Accumulated Depreciation	[1],[3]	$ 14,067
Date Constructed/Acquired	[1]	1995
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	31 years 6 months
Retail Properties [Member] | Carmel, NY [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	1,488
Building & Improvements	[1]	5,973
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	339
Amount at which Carried at Close of Period [Abstract]
Land	[1]	1,488
Building & Improvements	[1]	6,312
TOTAL	[1]	7,800
Accumulated Depreciation	[1],[3]	$ 3,873
Date Constructed/Acquired	[1]	1995
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	31 years 6 months
Retail Properties [Member] | Somers, NY 3 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	821
Building & Improvements	[1]	2,600
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	646
Amount at which Carried at Close of Period [Abstract]
Land	[1]	821
Building & Improvements	[1]	3,246
TOTAL	[1]	4,067
Accumulated Depreciation	[1],[3]	$ 1,892
Date Constructed/Acquired	[1]	1992
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	31 years 6 months
Retail Properties [Member] | Wayne, NJ [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	2,492
Building & Improvements	[1]	9,966
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	6,312
Amount at which Carried at Close of Period [Abstract]
Land	[1]	2,492
Building & Improvements	[1]	16,278
TOTAL	[1]	18,770
Accumulated Depreciation	[1],[3]	$ 8,190
Date Constructed/Acquired	[1]	1992
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	31 years
Retail Properties [Member] | Newington, NH [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	728
Building & Improvements	[1]	1,997
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	(809)
Amount at which Carried at Close of Period [Abstract]
Land	[1]	728
Building & Improvements	[1]	1,188
TOTAL	[1]	1,916
Accumulated Depreciation	[1],[3]	$ 885
Date Constructed/Acquired	[1]	1979
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	40 years
Retail Properties [Member] | Katonah, NY [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	1,704
Building & Improvements	[1]	6,816
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	56
Amount at which Carried at Close of Period [Abstract]
Land	[1]	1,704
Building & Improvements	[1]	6,872
TOTAL	[1]	8,576
Accumulated Depreciation	[1],[3]	$ 1,863
Date Constructed/Acquired	[1]	2010
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Fairfield, CT [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	3,393
Building & Improvements	[1]	13,574
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	153
Building & Improvements	[1]	1,234
Amount at which Carried at Close of Period [Abstract]
Land	[1]	3,546
Building & Improvements	[1]	14,808
TOTAL	[1]	18,354
Accumulated Depreciation	[1],[3]	$ 3,516
Date Constructed/Acquired	[1]	2011
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | New Milford, CT 3 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	2,168
Building & Improvements	[1]	8,672
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	70
Amount at which Carried at Close of Period [Abstract]
Land	[1]	2,168
Building & Improvements	[1]	8,742
TOTAL	[1]	10,910
Accumulated Depreciation	[1],[3]	$ 2,139
Date Constructed/Acquired	[1]	2011
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Eastchester, NY 2 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	1,800
Building & Improvements	[1]	7,200
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	78
Building & Improvements	[1]	470
Amount at which Carried at Close of Period [Abstract]
Land	[1]	1,878
Building & Improvements	[1]	7,670
TOTAL	[1]	9,548
Accumulated Depreciation	[1],[3]	$ 1,741
Date Constructed/Acquired	[1]	2012
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Orangeburg NY [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 6,067
Initial Cost to Company [Abstract]
Land	[1]	3,200
Building & Improvements	[1]	12,800
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	30
Building & Improvements	[1]	7,591
Amount at which Carried at Close of Period [Abstract]
Land	[1]	3,230
Building & Improvements	[1]	20,391
TOTAL	[1]	23,621
Accumulated Depreciation	[1],[3]	$ 3,905
Date Constructed/Acquired	[1]	2012
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Greenwich, CT Retail 1 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 4,342
Initial Cost to Company [Abstract]
Land	[1]	1,600
Building & Improvements	[1]	6,401
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	28
Building & Improvements	[1]	677
Amount at which Carried at Close of Period [Abstract]
Land	[1]	1,628
Building & Improvements	[1]	7,078
TOTAL	[1]	8,706
Accumulated Depreciation	[1],[3]	$ 1,485
Date Constructed/Acquired	[1]	2013
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Various [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	799
Building & Improvements	[1]	3,590
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	79
Building & Improvements	[1]	(59)
Amount at which Carried at Close of Period [Abstract]
Land	[1]	878
Building & Improvements	[1]	3,531
TOTAL	[1]	4,409
Accumulated Depreciation	[1],[3]	$ 691
Date Constructed/Acquired	[1]	2013
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Greenwich, CT Retail 2 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 5,415
Initial Cost to Company [Abstract]
Land	[1]	1,998
Building & Improvements	[1]	7,994
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	53
Building & Improvements	[1]	283
Amount at which Carried at Close of Period [Abstract]
Land	[1]	2,051
Building & Improvements	[1]	8,277
TOTAL	[1]	10,328
Accumulated Depreciation	[1],[3]	$ 1,589
Date Constructed/Acquired	[1]	2013
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | New Providence, NJ [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 17,137
Initial Cost to Company [Abstract]
Land	[1]	6,970
Building & Improvements	[1]	27,880
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	463
Building & Improvements	[1]	3,004
Amount at which Carried at Close of Period [Abstract]
Land	[1]	7,433
Building & Improvements	[1]	30,884
TOTAL	[1]	38,317
Accumulated Depreciation	[1],[3]	$ 6,164
Date Constructed/Acquired	[1]	2013
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Chester, NJ [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	570
Building & Improvements	[1]	2,280
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	(34)
Building & Improvements	[1]	(137)
Amount at which Carried at Close of Period [Abstract]
Land	[1]	536
Building & Improvements	[1]	2,143
TOTAL	[1]	2,679
Accumulated Depreciation	[1],[3]	$ 434
Date Constructed/Acquired	[1]	2012
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Bethel, CT [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	1,800
Building & Improvements	[1]	7,200
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	(18)
Building & Improvements	[1]	24
Amount at which Carried at Close of Period [Abstract]
Land	[1]	1,782
Building & Improvements	[1]	7,224
TOTAL	[1]	9,006
Accumulated Depreciation	[1],[3]	$ 1,253
Date Constructed/Acquired	[1]	2014
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Bloomfield, NJ [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	2,201
Building & Improvements	[1]	8,804
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	218
Building & Improvements	[1]	2,023
Amount at which Carried at Close of Period [Abstract]
Land	[1]	2,419
Building & Improvements	[1]	10,827
TOTAL	[1]	13,246
Accumulated Depreciation	[1],[3]	$ 1,804
Date Constructed/Acquired	[1]	2014
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Boonton, NJ [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 6,761
Initial Cost to Company [Abstract]
Land	[1]	3,670
Building & Improvements	[1]	14,680
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	14
Building & Improvements	[1]	209
Amount at which Carried at Close of Period [Abstract]
Land	[1]	3,684
Building & Improvements	[1]	14,889
TOTAL	[1]	18,573
Accumulated Depreciation	[1],[3]	$ 2,614
Date Constructed/Acquired	[1]	2014
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Yonkers, NY 3 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 5,000
Initial Cost to Company [Abstract]
Land	[1]	3,060
Building & Improvements	[1]	12,240
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	333
Building & Improvements	[1]	1,331
Amount at which Carried at Close of Period [Abstract]
Land	[1]	3,393
Building & Improvements	[1]	13,571
TOTAL	[1]	16,964
Accumulated Depreciation	[1],[3]	$ 2,098
Date Constructed/Acquired	[1]	2014
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Greenwich, CT Retail 3 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 7,374
Initial Cost to Company [Abstract]
Land	[1]	3,223
Building & Improvements	[1]	12,893
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	6
Building & Improvements	[1]	263
Amount at which Carried at Close of Period [Abstract]
Land	[1]	3,229
Building & Improvements	[1]	13,156
TOTAL	[1]	16,385
Accumulated Depreciation	[1],[3]	$ 2,066
Date Constructed/Acquired	[1]	2014
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	40 years
Retail Properties [Member] | Greenwich, CT Retail 4 [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 14,313
Initial Cost to Company [Abstract]
Land	[1]	6,257
Building & Improvements	[1]	25,029
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	27
Building & Improvements	[1]	886
Amount at which Carried at Close of Period [Abstract]
Land	[1]	6,284
Building & Improvements	[1]	25,915
TOTAL	[1]	32,199
Accumulated Depreciation	[1],[3]	$ 4,021
Date Constructed/Acquired	[1]	2014
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	40 years
Retail Properties [Member] | Midland Park, NJ [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 19,308
Initial Cost to Company [Abstract]
Land	[1]	8,740
Building & Improvements	[1]	34,960
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	(44)
Building & Improvements	[1]	568
Amount at which Carried at Close of Period [Abstract]
Land	[1]	8,696
Building & Improvements	[1]	35,528
TOTAL	[1]	44,224
Accumulated Depreciation	[1],[3]	$ 5,490
Date Constructed/Acquired	[1]	2015
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Pompton Lakes, NJ [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 18,238
Initial Cost to Company [Abstract]
Land	[1]	8,140
Building & Improvements	[1]	32,560
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	(1,250)
Building & Improvements	[1]	(4,083)
Amount at which Carried at Close of Period [Abstract]
Land	[1]	6,890
Building & Improvements	[1]	28,477
TOTAL	[1]	35,367
Accumulated Depreciation	[1],[3]	$ 4,321
Date Constructed/Acquired	[1]	2015
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Wyckoff, NJ [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 7,665
Initial Cost to Company [Abstract]
Land	[1]	3,490
Building & Improvements	[1]	13,960
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	17
Building & Improvements	[1]	206
Amount at which Carried at Close of Period [Abstract]
Land	[1]	3,507
Building & Improvements	[1]	14,166
TOTAL	[1]	17,673
Accumulated Depreciation	[1],[3]	$ 2,152
Date Constructed/Acquired	[1]	2015
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Kinnelon, NJ [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 10,202
Initial Cost to Company [Abstract]
Land	[1]	4,540
Building & Improvements	[1]	18,160
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	(28)
Building & Improvements	[1]	3,980
Amount at which Carried at Close of Period [Abstract]
Land	[1]	4,512
Building & Improvements	[1]	22,140
TOTAL	[1]	26,652
Accumulated Depreciation	[1],[3]	$ 4,538
Date Constructed/Acquired	[1]	2015
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Fort Lee, NJ [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	798
Building & Improvements	[1]	3,192
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	(14)
Building & Improvements	[1]	(55)
Amount at which Carried at Close of Period [Abstract]
Land	[1]	784
Building & Improvements	[1]	3,137
TOTAL	[1]	3,921
Accumulated Depreciation	[1],[3]	$ 436
Date Constructed/Acquired	[1]	2015
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Harrison, NY [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	2,000
Building & Improvements	[1]	8,000
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	(10)
Building & Improvements	[1]	1,405
Amount at which Carried at Close of Period [Abstract]
Land	[1]	1,990
Building & Improvements	[1]	9,405
TOTAL	[1]	11,395
Accumulated Depreciation	[1],[3]	$ 1,174
Date Constructed/Acquired	[1]	2015
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Stamford, Ct - Newfield [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 20,773
Initial Cost to Company [Abstract]
Land	[1]	12,686
Building & Improvements	[1]	32,620
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	931
Amount at which Carried at Close of Period [Abstract]
Land	[1]	12,686
Building & Improvements	[1]	33,551
TOTAL	[1]	46,237
Accumulated Depreciation	[1],[3]	$ 3,643
Date Constructed/Acquired	[1]	2016
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Stamford, CT - High Ridge [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	3,691
Building & Improvements	[1]	9,491
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	86
Amount at which Carried at Close of Period [Abstract]
Land	[1]	3,691
Building & Improvements	[1]	9,577
TOTAL	[1]	13,268
Accumulated Depreciation	[1],[3]	$ 1,007
Date Constructed/Acquired	[1]	2016
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Derby, CT - Aldi [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	651
Building & Improvements	[1]	7,652
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	206
Amount at which Carried at Close of Period [Abstract]
Land	[1]	651
Building & Improvements	[1]	7,858
TOTAL	[1]	8,509
Accumulated Depreciation	[1],[3]	$ 786
Date Constructed/Acquired	[1]	2017
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Passaic, NJ - Van Houten [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 3,224
Initial Cost to Company [Abstract]
Land	[1]	2,039
Building & Improvements	[1]	5,616
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	1
Building & Improvements	[1]	1,568
Amount at which Carried at Close of Period [Abstract]
Land	[1]	2,040
Building & Improvements	[1]	7,184
TOTAL	[1]	9,224
Accumulated Depreciation	[1],[3]	$ 621
Date Constructed/Acquired	[1]	2017
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Stamford, CT - High Ridge Center [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 9,411
Initial Cost to Company [Abstract]
Land	[1]	17,178
Building & Improvements	[1]	43,677
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	584
Amount at which Carried at Close of Period [Abstract]
Land	[1]	17,178
Building & Improvements	[1]	44,261
TOTAL	[1]	61,439
Accumulated Depreciation	[1],[3]	$ 4,115
Date Constructed/Acquired	[1]	2017
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Stamford, CT - High Ridge Chase [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	2,376
Building & Improvements	[1]	1,458
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	0
Amount at which Carried at Close of Period [Abstract]
Land	[1]	2,376
Building & Improvements	[1]	1,458
TOTAL	[1]	3,834
Accumulated Depreciation	[1],[3]	$ 134
Date Constructed/Acquired	[1]	2017
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Greenwich, CT - High Ridge CVS [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 1,092
Initial Cost to Company [Abstract]
Land	[1]	2,295
Building & Improvements	[1]	2,700
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	4
Amount at which Carried at Close of Period [Abstract]
Land	[1]	2,295
Building & Improvements	[1]	2,704
TOTAL	[1]	4,999
Accumulated Depreciation	[1],[3]	$ 249
Date Constructed/Acquired	[1]	2017
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Waldwick, NJ - Waldwick Plaza [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	2,761
Building & Improvements	[1]	5,571
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	1
Building & Improvements	[1]	260
Amount at which Carried at Close of Period [Abstract]
Land	[1]	2,762
Building & Improvements	[1]	5,831
TOTAL	[1]	8,593
Accumulated Depreciation	[1],[3]	$ 492
Date Constructed/Acquired	[1]	2017
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Dumont, NJ - Washington Commons [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 9,438
Initial Cost to Company [Abstract]
Land	[1]	6,646
Building & Improvements	[1]	15,341
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	3
Building & Improvements	[1]	284
Amount at which Carried at Close of Period [Abstract]
Land	[1]	6,649
Building & Improvements	[1]	15,625
TOTAL	[1]	22,274
Accumulated Depreciation	[1],[3]	$ 1,305
Date Constructed/Acquired	[1]	2017
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Ridgefield, CT - 470 Main [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	293
Building & Improvements	[1]	2,782
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	0
Building & Improvements	[1]	441
Amount at which Carried at Close of Period [Abstract]
Land	[1]	293
Building & Improvements	[1]	3,223
TOTAL	[1]	3,516
Accumulated Depreciation	[1],[3]	$ 260
Date Constructed/Acquired	[1]	2017
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Yonkers, NY - Tanglewood [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	7,525
Building & Improvements	[1]	5,920
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	1
Building & Improvements	[1]	276
Amount at which Carried at Close of Period [Abstract]
Land	[1]	7,526
Building & Improvements	[1]	6,196
TOTAL	[1]	13,722
Accumulated Depreciation	[1],[3]	$ 424
Date Constructed/Acquired	[1]	2017
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | New City, NY - New City Retail [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances	[1]	$ 0
Initial Cost to Company [Abstract]
Land	[1]	2,494
Building & Improvements	[1]	631
Cost Capitalized Subsequent to Acquisition [Abstract]
Land	[1]	12
Building & Improvements	[1]	4
Amount at which Carried at Close of Period [Abstract]
Land	[1]	2,506
Building & Improvements	[1]	635
TOTAL	[1]	3,141
Accumulated Depreciation	[1],[3]	$ 39
Date Constructed/Acquired	[1]	2017
Life on which depreciation for building and improvements in latest income statement is computed	[1],[4]	39 years
Retail Properties [Member] | Brewster, NY [Member]
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances		$ 11,473
Initial Cost to Company [Abstract]
Land		4,106
Building & Improvements		10,620
Cost Capitalized Subsequent to Acquisition [Abstract]
Land		2,789
Building & Improvements		916
Amount at which Carried at Close of Period [Abstract]
Land		6,895
Building & Improvements		11,536
TOTAL		18,431
Accumulated Depreciation		$ 575
Date Constructed/Acquired		2019
Life on which depreciation for building and improvements in latest income statement is computed		39 years
[1]	RECONCILIATION OF REAL ESTATE-OWNED SUBJECT TO OPERATING LEASES
[2]	The aggregate cost for Federal Income Tax purposes for real estate subject to operating leases was approximately $868 million at October 31, 2020.
[3]	RECONCILIATION OF ACCUMULATED DEPRECIATION
[4]	Tenant improvement costs are depreciated over the life of the related leases, which range from 5 to 20 years.

SCHEDULE III - REAL ESTATE AN_3

SCHEDULE III - REAL ESTATE AND ACCUMULATED DEPRECIATION, Part II (Details) - USD ($) $ in Thousands		12 Months Ended
		Oct. 31, 2020		Oct. 31, 2019		Oct. 31, 2018
RECONCILIATION OF REAL ESTATE OWNED SUBJECT TO OPERATING LEASES [Roll Forward]
Balance at beginning of the year		$ 1,141,770	[1]	$ 1,118,075	[1]	$ 1,090,402
Property improvements during the year		24,443		18,372		7,781
Properties acquired during the year		0		12,643		22,517
Properties sold during the year		(11,335)		(4,395)		0
Property assets fully depreciated and written off		(5,696)		(2,925)		(2,625)
Balance at end of year	[1]	1,149,182	[2]	1,141,770		1,118,075
RECONCILIATION OF ACCUMULATED DEPRECIATION [Roll Forward]
Balance at beginning of year		241,154		218,653		195,020
Provision during the year charged to income	[3]	27,438		26,427		26,258
Property sold during the year		(1,571)		(1,001)		0
Property assets fully depreciated and written off		(5,696)		(2,925)		(2,625)
Balance at end of year		261,325	[2],[4]	$ 241,154		$ 218,653
Investment in Real Estate, and Accumulated Depreciation [Abstract]
Aggregate cost for federal income tax purposes for real estate subject to operating leases		$ 868,000
Tenant Improvement Costs [Member] | Minimum [Member]
Investment in Real Estate, and Accumulated Depreciation [Abstract]
Life used for depreciation		5 years
Tenant Improvement Costs [Member] | Maximum [Member]
Investment in Real Estate, and Accumulated Depreciation [Abstract]
Life used for depreciation		20 years
[1]	The aggregate cost for Federal Income Tax purposes for real estate subject to operating leases was approximately $868 million at October 31, 2020.
[2]	RECONCILIATION OF REAL ESTATE-OWNED SUBJECT TO OPERATING LEASES
[3]	The depreciation provision represents the expense calculated on real property only.
[4]	RECONCILIATION OF ACCUMULATED DEPRECIATION