key elements of our growth strategies and operating policies are to : ● acquire quality neighborhood and community shopping centers in the northeastern part of the united states with a concentration on properties in the metropolitan new york tri-state area outside of the city of new york , and unlock further value in these properties with selective enhancements to both the property and tenant mix , as well as improvements to management and leasing fundamentals . our hope is to grow our assets through acquisitions by 5 % to 10 % per year on a dollar value basis subject to the availability of acquisitions that meet our investment parameters ; ● selectively dispose of underperforming properties and re-deploy the proceeds into potentially higher performing properties that meet our acquisition criteria ; ● invest in our properties for the long term through regular maintenance , periodic renovations and capital improvements , enhancing their attractiveness to tenants and customers , as well as increasing their value ; ● leverage opportunities to increase gla at existing properties , through development of pad sites and reconfiguring of existing square footage , to meet the needs of existing or new tenants ; ● proactively manage our leasing strategy by aggressively marketing available gla , renewing existing leases with strong tenants , and replacing weak ones when necessary , with an eye toward securing leases that include regular or fixed contractual increases to minimum rents , replacing below-market-rent leases with increased market rents when possible and further improving the quality of our tenant mix at our shopping centers ; ● maintain strong working relationships with our tenants , particularly our anchor tenants ; ● maintain a conservative capital structure with low debt levels ; and ● control property operating and administrative costs . highlights of fiscal 2019 ; recent developments set forth below are highlights of our recent property acquisitions , other investments , property dispositions and financings : ● in december 2018 , we purchased the lakeview plaza shopping center for $ 12 million , exclusive of closing costs . lakeview is a 177,000 square foot grocery-anchored shopping center located in brewster , ny . when we purchased the property , we anticipated having to invest up to $ 8 million for capital improvements and for re-tenanting at the property . we purchased the property with available cash and a borrowing on our unsecured revolving credit facility ( “ facility ” ) . as of the date of this report , we have expended approximately $ 5.4 million of the $ 8 million anticipated additional investment . ● in march 2019 , we completed the refinancing of our $ 14.9 million mortgage secured by our darien , ct shopping center . the new mortgage principal balance is $ 25 million , and the note has a term of ten years and requires payments of principal and interest at the rate of libor plus 1.65 % . we also entered into an interest rate swap with the new lender , which converts the variable interest rate ( based on libor ) to a fixed rate of 4.815 % per annum . the fixed interest rate on the refinanced mortgage was 6.55 % . ● in march 2019 , we completed the refinancing of our existing $ 9.1 million mortgage secured by our newark , nj shopping center . the new mortgage principal balance is $ 10 million , and the note has a term of ten years and requires payments of principal and interest at the fixed rate of 4.63 % , which is a reduction from the fixed interest rate of 6.15 % on the refinanced mortgage . ● in march 2019 , we sold plaza 59 , a commercial real estate property located in spring valley , ny of which we owned a 50 % undivided tenancy-in-common interest , which we accounted for under the equity method of accounting . the total loss on sale was $ 924,000 , of which our 50 % share was $ 462,000. this resulted in our equity in net income from plaza 59 being reduced by $ 462,000. this loss has been added back to our funds from operations ( “ ffo ” ) as discussed below in this item 7 . ● in june 2019 , we placed a first mortgage on our 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 , we 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 . ● in june 2019 , we sold our starbucks plaza shopping center located in monroe , ct as that property did not meet our stated investment objective of owning grocery or pharmacy-anchored shopping centers in the suburban communities that surround new york city . the property was acquired by us in 2007 , and we sold the property for $ 3.65 million and realized a gain on sale of $ 416,000. this gain is not included in our funds from operations ( “ ffo ” ) as discussed below in this item 7 . ● in june 2019 , we redeemed 4,150 units of ub new city i , llc ( “ new city ” ) from the noncontrolling member . the total cash price paid for the redemption was $ 91,000. as a result of the redemption , our ownership percentage of new city increased to 78.2 % from 75.3 % . ● in june 2019 and august 2019 , we redeemed 62,696 units of ub high ridge , llc ( “ high ridge ” ) from the noncontrolling member . the total cash price paid for the redemption was $ 1.4 story_separator_special_tag quantitative and qualitative disclosures about market risk ” included in this annual report on form 10-k for additional information on our interest rate risk . at october 31 , 2019 , we had no draws outstanding on our facility . we currently maintain a ratio of total debt to total assets below 29 % and a fixed charge coverage ratio of over 3.49 to 1 ( excluding preferred stock dividends ) , which we believe will allow us to obtain additional secured mortgage loans or other types of borrowings , if necessary . we own 53 properties in our consolidated portfolio that are not encumbered by secured mortgage debt . at october 31 , 2019 , we had borrowing capacity of $ 99 million on our facility . our facility includes financial covenants that limit , among other things , our ability to incur unsecured and secured indebtedness . see note 4 to our consolidated financial statements included in item 8 of this annual report on form 10-k for additional information on these and other restrictions . unsecured revolving credit facility and other property financings we have a $ 100 million unsecured revolving credit facility with a syndicate of three banks , bny mellon , bmo and wells fargo n.a . with the ability under certain conditions to additionally increase the capacity to $ 150 million , subject to lender approval . the maturity date of the facility is august 23 , 2020 with a one-year extension at our option . borrowings under the facility can be used for general corporate purposes and the issuance of up to $ 10 million of letters of credit . borrowings will bear interest at our option of eurodollar rate plus 1.35 % to 1.95 % or bny mellon 's prime lending rate plus 0.35 % to 0.95 % , based on consolidated indebtedness , as defined . we pay a quarterly commitment fee on the unused commitment amount of 0.15 % to 0.25 % per annum , based on outstanding borrowings during the year . as of october 31 , 2019 , we had no outstanding borrowings on the facility . our ability to borrow under the facility is subject to our compliance with the covenants and other restrictions on an ongoing basis . as discussed above , the principal financial covenants limit our level of secured and unsecured indebtedness and additionally require us to maintain certain debt coverage ratios . we were in compliance with such covenants at october 31 , 2019. during the year ended october 31 , 2019 , we borrowed $ 25.5 million on our facility for property acquisitions , to fund capital improvements to our properties and for general corporate purposes . for the year ended october 31 , 2019 , we repaid $ 54.1 million of borrowings on our facility with available cash , proceeds from mortgage financings , proceeds from investment property sales and proceeds from the issuance of a new series of preferred stock . see note 4 to our consolidated financial statements included in item 8 of this annual report on form 10-k for a further description of mortgage financing transactions in fiscal 2019. net cash flows from operating activities increase from fiscal 2018 to 2019 : the increase in operating cash flows was primarily due to our properties generating additional operating income in the fiscal year ended october 31 , 2019 when compared with the corresponding prior period . this additional operating income was predominantly from properties acquired in fiscal 2018 and fiscal 2019 offset by a decrease in lease termination income of $ 3.6 million in fiscal 2019 when compared with fiscal 2018. in fiscal 2018 one of our grocery store tenants paid us $ 3.7 million to terminate its lease early . increase from fiscal 2017 to 2018 : the increase in operating cash flows was primarily due to our properties generating additional operating income in the fiscal year ended october 31 , 2018 when compared with the corresponding prior period . this additional operating income was predominantly from properties acquired in fiscal 2017 and fiscal 2018 and lease termination income of $ 3.8 million received in fiscal 2018 versus $ 2.4 million in fiscal 2017. net cash flows from investing activities decrease from fiscal 2018 to 2019 : the decrease in net cash flows used in investing activities in fiscal 2019 when compared to fiscal 2018 was the result of selling our marketable security portfolio in the second quarter of fiscal 2019 and realizing proceeds on that sale of $ 6 million . the marketable securities were purchased in the first half of fiscal 2018. these transactions created an $ 11 million positive variance in cash flows from investing activities in fiscal 2019 when compared with the corresponding prior period . in addition , the decrease in cash flows used in investing activities was the result of one of our unconsolidated joint ventures selling a property it owned in the second quarter of fiscal 2019 and distributing $ 5 million in sales proceeds to us . in addition , this decrease in net cash used by investing activities was the result of us selling one property in fiscal 2019 that provided $ 3.4 million in sales proceeds versus having no property sales in the corresponding prior period . this decrease in net cash used by investing activities was partially offset by us acquiring one property for $ 12 million in fiscal 2019 versus purchasing three properties in fiscal 2018 that required $ 6.8 million in equity and expending $ 10.5 million more for improvements to properties and deferred charges in fiscal 2019 versus the corresponding prior period . increase from fiscal 2017 to 2018 : the increase in net cash flows used in investing activities in fiscal 2018 when compared to net cash provided by investing activities in fiscal 2017 was the result of our selling two properties in fiscal 2017 , which generated proceeds of $ 45.3 million .

cash generated : fiscal 2019 : ( total $ 178.9 million ) ● proceeds from revolving credit line borrowings in the amount of $ 25.5 million . ● proceeds from mortgage financing of $ 47 million . ● proceeds from the issuance of a new series of preferred stock totaling $ 106.2 million . fiscal 2018 : ( total $ 43.8 million ) ● proceeds from revolving credit line borrowings in the amount of $ 33.6 million . ● proceeds from mortgage financing of $ 10 million . fiscal 2017 : ( total $ 213.5 million ) ● proceeds from mortgage note payable in the amount of $ 50 million . ● proceeds from revolving credit line borrowings in the amount of $ 52 million . ● proceeds from the issuance of series h preferred stock in the amount of $ 111.3 million . cash used : fiscal 2019 : ( total $ 152.7 million ) ● dividends to shareholders in the amount of $ 55.4 million . ● repayment of mortgage notes payable in the amount of $ 33.4 million . ● repayment of revolving credit line borrowings in the amount of $ 54.1 million . ● additional acquisitions and distributions to noncontrolling interests of $ 9.5 million . fiscal 2018 : ( total $ 87.3 million ) ● dividends to shareholders in the amount of $ 53.9 million . ● repayment of mortgage notes payable in the amount of $ 24.1 million . ● repayment of revolving credit line borrowings in the amount of $ 9 million . fiscal 2017 : ( total $ 291.4 million ) ● dividends to shareholders in the amount of $ 55.6 million . ● repayment of mortgage notes payable in the amount of $ 43.7 million . ● repayment of revolving credit line borrowings in the amount of $ 56 million . ● redemption of preferred stock in the amount of $ 129.4 million .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```cash generated : fiscal 2019 : ( total $ 178.9 million ) ● proceeds from revolving credit line borrowings in the amount of $ 25.5 million . ● proceeds from mortgage financing of $ 47 million . ● proceeds from the issuance of a new series of preferred stock totaling $ 106.2 million . fiscal 2018 : ( total $ 43.8 million ) ● proceeds from revolving credit line borrowings in the amount of $ 33.6 million . ● proceeds from mortgage financing of $ 10 million . fiscal 2017 : ( total $ 213.5 million ) ● proceeds from mortgage note payable in the amount of $ 50 million . ● proceeds from revolving credit line borrowings in the amount of $ 52 million . ● proceeds from the issuance of series h preferred stock in the amount of $ 111.3 million . cash used : fiscal 2019 : ( total $ 152.7 million ) ● dividends to shareholders in the amount of $ 55.4 million . ● repayment of mortgage notes payable in the amount of $ 33.4 million . ● repayment of revolving credit line borrowings in the amount of $ 54.1 million . ● additional acquisitions and distributions to noncontrolling interests of $ 9.5 million . fiscal 2018 : ( total $ 87.3 million ) ● dividends to shareholders in the amount of $ 53.9 million . ● repayment of mortgage notes payable in the amount of $ 24.1 million . ● repayment of revolving credit line borrowings in the amount of $ 9 million . fiscal 2017 : ( total $ 291.4 million ) ● dividends to shareholders in the amount of $ 55.6 million . ● repayment of mortgage notes payable in the amount of $ 43.7 million . ● repayment of revolving credit line borrowings in the amount of $ 56 million . ● redemption of preferred stock in the amount of $ 129.4 million .
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 Suspicious Activity Report : key elements of our growth strategies and operating policies are to : ● acquire quality neighborhood and community shopping centers in the northeastern part of the united states with a concentration on properties in the metropolitan new york tri-state area outside of the city of new york , and unlock further value in these properties with selective enhancements to both the property and tenant mix , as well as improvements to management and leasing fundamentals . our hope is to grow our assets through acquisitions by 5 % to 10 % per year on a dollar value basis subject to the availability of acquisitions that meet our investment parameters ; ● selectively dispose of underperforming properties and re-deploy the proceeds into potentially higher performing properties that meet our acquisition criteria ; ● invest in our properties for the long term through regular maintenance , periodic renovations and capital improvements , enhancing their attractiveness to tenants and customers , as well as increasing their value ; ● leverage opportunities to increase gla at existing properties , through development of pad sites and reconfiguring of existing square footage , to meet the needs of existing or new tenants ; ● proactively manage our leasing strategy by aggressively marketing available gla , renewing existing leases with strong tenants , and replacing weak ones when necessary , with an eye toward securing leases that include regular or fixed contractual increases to minimum rents , replacing below-market-rent leases with increased market rents when possible and further improving the quality of our tenant mix at our shopping centers ; ● maintain strong working relationships with our tenants , particularly our anchor tenants ; ● maintain a conservative capital structure with low debt levels ; and ● control property operating and administrative costs . highlights of fiscal 2019 ; recent developments set forth below are highlights of our recent property acquisitions , other investments , property dispositions and financings : ● in december 2018 , we purchased the lakeview plaza shopping center for $ 12 million , exclusive of closing costs . lakeview is a 177,000 square foot grocery-anchored shopping center located in brewster , ny . when we purchased the property , we anticipated having to invest up to $ 8 million for capital improvements and for re-tenanting at the property . we purchased the property with available cash and a borrowing on our unsecured revolving credit facility ( “ facility ” ) . as of the date of this report , we have expended approximately $ 5.4 million of the $ 8 million anticipated additional investment . ● in march 2019 , we completed the refinancing of our $ 14.9 million mortgage secured by our darien , ct shopping center . the new mortgage principal balance is $ 25 million , and the note has a term of ten years and requires payments of principal and interest at the rate of libor plus 1.65 % . we also entered into an interest rate swap with the new lender , which converts the variable interest rate ( based on libor ) to a fixed rate of 4.815 % per annum . the fixed interest rate on the refinanced mortgage was 6.55 % . ● in march 2019 , we completed the refinancing of our existing $ 9.1 million mortgage secured by our newark , nj shopping center . the new mortgage principal balance is $ 10 million , and the note has a term of ten years and requires payments of principal and interest at the fixed rate of 4.63 % , which is a reduction from the fixed interest rate of 6.15 % on the refinanced mortgage . ● in march 2019 , we sold plaza 59 , a commercial real estate property located in spring valley , ny of which we owned a 50 % undivided tenancy-in-common interest , which we accounted for under the equity method of accounting . the total loss on sale was $ 924,000 , of which our 50 % share was $ 462,000. this resulted in our equity in net income from plaza 59 being reduced by $ 462,000. this loss has been added back to our funds from operations ( “ ffo ” ) as discussed below in this item 7 . ● in june 2019 , we placed a first mortgage on our 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 , we 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 . ● in june 2019 , we sold our starbucks plaza shopping center located in monroe , ct as that property did not meet our stated investment objective of owning grocery or pharmacy-anchored shopping centers in the suburban communities that surround new york city . the property was acquired by us in 2007 , and we sold the property for $ 3.65 million and realized a gain on sale of $ 416,000. this gain is not included in our funds from operations ( “ ffo ” ) as discussed below in this item 7 . ● in june 2019 , we redeemed 4,150 units of ub new city i , llc ( “ new city ” ) from the noncontrolling member . the total cash price paid for the redemption was $ 91,000. as a result of the redemption , our ownership percentage of new city increased to 78.2 % from 75.3 % . ● in june 2019 and august 2019 , we redeemed 62,696 units of ub high ridge , llc ( “ high ridge ” ) from the noncontrolling member . the total cash price paid for the redemption was $ 1.4 story_separator_special_tag quantitative and qualitative disclosures about market risk ” included in this annual report on form 10-k for additional information on our interest rate risk . at october 31 , 2019 , we had no draws outstanding on our facility . we currently maintain a ratio of total debt to total assets below 29 % and a fixed charge coverage ratio of over 3.49 to 1 ( excluding preferred stock dividends ) , which we believe will allow us to obtain additional secured mortgage loans or other types of borrowings , if necessary . we own 53 properties in our consolidated portfolio that are not encumbered by secured mortgage debt . at october 31 , 2019 , we had borrowing capacity of $ 99 million on our facility . our facility includes financial covenants that limit , among other things , our ability to incur unsecured and secured indebtedness . see note 4 to our consolidated financial statements included in item 8 of this annual report on form 10-k for additional information on these and other restrictions . unsecured revolving credit facility and other property financings we have a $ 100 million unsecured revolving credit facility with a syndicate of three banks , bny mellon , bmo and wells fargo n.a . with the ability under certain conditions to additionally increase the capacity to $ 150 million , subject to lender approval . the maturity date of the facility is august 23 , 2020 with a one-year extension at our option . borrowings under the facility can be used for general corporate purposes and the issuance of up to $ 10 million of letters of credit . borrowings will bear interest at our option of eurodollar rate plus 1.35 % to 1.95 % or bny mellon 's prime lending rate plus 0.35 % to 0.95 % , based on consolidated indebtedness , as defined . we pay a quarterly commitment fee on the unused commitment amount of 0.15 % to 0.25 % per annum , based on outstanding borrowings during the year . as of october 31 , 2019 , we had no outstanding borrowings on the facility . our ability to borrow under the facility is subject to our compliance with the covenants and other restrictions on an ongoing basis . as discussed above , the principal financial covenants limit our level of secured and unsecured indebtedness and additionally require us to maintain certain debt coverage ratios . we were in compliance with such covenants at october 31 , 2019. during the year ended october 31 , 2019 , we borrowed $ 25.5 million on our facility for property acquisitions , to fund capital improvements to our properties and for general corporate purposes . for the year ended october 31 , 2019 , we repaid $ 54.1 million of borrowings on our facility with available cash , proceeds from mortgage financings , proceeds from investment property sales and proceeds from the issuance of a new series of preferred stock . see note 4 to our consolidated financial statements included in item 8 of this annual report on form 10-k for a further description of mortgage financing transactions in fiscal 2019. net cash flows from operating activities increase from fiscal 2018 to 2019 : the increase in operating cash flows was primarily due to our properties generating additional operating income in the fiscal year ended october 31 , 2019 when compared with the corresponding prior period . this additional operating income was predominantly from properties acquired in fiscal 2018 and fiscal 2019 offset by a decrease in lease termination income of $ 3.6 million in fiscal 2019 when compared with fiscal 2018. in fiscal 2018 one of our grocery store tenants paid us $ 3.7 million to terminate its lease early . increase from fiscal 2017 to 2018 : the increase in operating cash flows was primarily due to our properties generating additional operating income in the fiscal year ended october 31 , 2018 when compared with the corresponding prior period . this additional operating income was predominantly from properties acquired in fiscal 2017 and fiscal 2018 and lease termination income of $ 3.8 million received in fiscal 2018 versus $ 2.4 million in fiscal 2017. net cash flows from investing activities decrease from fiscal 2018 to 2019 : the decrease in net cash flows used in investing activities in fiscal 2019 when compared to fiscal 2018 was the result of selling our marketable security portfolio in the second quarter of fiscal 2019 and realizing proceeds on that sale of $ 6 million . the marketable securities were purchased in the first half of fiscal 2018. these transactions created an $ 11 million positive variance in cash flows from investing activities in fiscal 2019 when compared with the corresponding prior period . in addition , the decrease in cash flows used in investing activities was the result of one of our unconsolidated joint ventures selling a property it owned in the second quarter of fiscal 2019 and distributing $ 5 million in sales proceeds to us . in addition , this decrease in net cash used by investing activities was the result of us selling one property in fiscal 2019 that provided $ 3.4 million in sales proceeds versus having no property sales in the corresponding prior period . this decrease in net cash used by investing activities was partially offset by us acquiring one property for $ 12 million in fiscal 2019 versus purchasing three properties in fiscal 2018 that required $ 6.8 million in equity and expending $ 10.5 million more for improvements to properties and deferred charges in fiscal 2019 versus the corresponding prior period . increase from fiscal 2017 to 2018 : the increase in net cash flows used in investing activities in fiscal 2018 when compared to net cash provided by investing activities in fiscal 2017 was the result of our selling two properties in fiscal 2017 , which generated proceeds of $ 45.3 million .

