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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Shares of Beneficial Interest [Member]
Treasury Shares at Cost [Member]
Common Stock [Member]
Additional Paid-In Capital [Member]
Retained Earnings (Accumulated Deficit) [Member]
Accumulated Other Comprehensive Loss [Member]
Total Common Equity [Member]
Noncontrolling Interests [Member]
Total
Balance at Oct. 31, 2019 $ 28,847 $ (4,330)     $ (6,762) $ (2,040) $ 15,715 $ 333 $ 16,048
Balance, shares at Oct. 31, 2019 7,185 206              
Stock based compensation expense $ 12           12   12
Vested share units granted to Directors and consultant $ 211           211   211
Vested share units granted to Directors and consultant, shares 10                
Vested share units issued to consultant and retired Director [1] $ (1,401) $ 1,401              
Vested share units issued to consultant and retired Director, shares [1] (66) (66)              
Distributions to noncontrolling interests               (583) (583)
Net (loss) income         (2,262)   (2,262) 241 (2,021)
Net unrealized gain (loss) on interest rate cap and swap contracts           (261) (261) (129) (390)
Balance at Jan. 31, 2020 $ 27,669 $ (2,929)     (9,024) (2,301) 13,415 (138) 13,277
Balance, shares at Jan. 31, 2020 7,129 140              
Balance at Oct. 31, 2019 $ 28,847 $ (4,330)     (6,762) (2,040) 15,715 333 16,048
Balance, shares at Oct. 31, 2019 7,185 206              
Vested share units issued to consultant and retired Director                 (1,467)
Deconsolidation of subsidiary                 3,596
Net (loss) income                 24,795
Balance at Jul. 31, 2020 $ 27,869 $ (2,863)     18,015 (4,615) 38,406 2,295 40,701
Balance, shares at Jul. 31, 2020 7,139 137              
Balance at Jan. 31, 2020 $ 27,669 $ (2,929)     (9,024) (2,301) 13,415 (138) 13,277
Balance, shares at Jan. 31, 2020 7,129 140              
Stock based compensation expense $ 12           12   12
Vested share units issued to retired Director [1] $ (66) $ 66              
Vested share units issued to retired Director, shares [1] (3) (3)              
Vested share units granted to Directors $ 166           166   166
Vested share units granted to Directors, shares 8                
Deconsolidation of subsidiary               3,596 3,596
Net (loss) income         27,220   27,220 (84) 27,136
Net unrealized gain (loss) on interest rate cap and swap contracts           (2,142) (2,142) (840) (2,982)
Balance at Apr. 30, 2020 $ 27,781 $ (2,863)     18,196 (4,443) 38,671 2,534 41,205
Balance, shares at Apr. 30, 2020 7,134 137              
Stock based compensation expense $ 11           11   11
Vested share units granted to Directors $ 77           77   77
Vested share units granted to Directors, shares 5                
Net (loss) income         (181)   (181) (139) (320)
Net unrealized gain (loss) on interest rate cap and swap contracts           (172) (172) (100) (272)
Balance at Jul. 31, 2020 $ 27,869 $ (2,863)     18,015 (4,615) 38,406 2,295 40,701
Balance, shares at Jul. 31, 2020 7,139 137              
Balance at Oct. 31, 2020 $ 27,960 $ (2,863) 13,791 (3,986) 34,902 (4,039) 30,863
Balance, shares at Oct. 31, 2020 7,145 137            
Stock based compensation expense $ 12           12   12
Vested share units granted to Directors, including dividends declared payable in share units (per share) $ 118           118   118
Vested share units granted to Directors, including dividends declared payable in share units (per share), shares 7                
Net (loss) income         558   558 221 779
Dividends declared, including payable in share units (per share)         (350)   (350)   (350)
Net unrealized gain (loss) on interest rate cap and swap contracts           387 387 111 498
Balance at Jan. 31, 2021 $ 28,090 $ (2,863) 13,999 (3,599) 35,627 (3,707) 31,920
Balance, shares at Jan. 31, 2021 7,152 137            
Balance at Oct. 31, 2020 $ 27,960 $ (2,863) 13,791 (3,986) 34,902 (4,039) 30,863
Balance, shares at Oct. 31, 2020 7,145 137            
Vested share units issued to consultant and retired Director                 (72)
Deconsolidation of subsidiary                
Net (loss) income                 1,032
Balance at Jul. 31, 2021 $ 71 25,417 13,516 (2,885) 36,119 (4,403) 31,716
Balance, shares at Jul. 31, 2021 7,029            
Balance at Jan. 31, 2021 $ 28,090 $ (2,863) 13,999 (3,599) 35,627 (3,707) 31,920
Balance, shares at Jan. 31, 2021 7,152 137            
Stock based compensation expense $ 12           12   12
Vested share units granted to Directors, including dividends declared payable in share units (per share) $ 113           113   113
Vested share units granted to Directors, including dividends declared payable in share units (per share), shares 7                
Vested share units issued to retired Director [2] $ (72) $ 72              
Vested share units issued to retired Director, shares [2] (4) (4)              
Distributions to noncontrolling interests               (510) (510)
Net (loss) income         9   9 (72) (63)
Dividends declared, including payable in share units (per share)         (350)   (350)   (350)
Net unrealized gain (loss) on interest rate cap and swap contracts           857 857 320 1,177
Balance at Apr. 30, 2021 $ 28,143 $ (2,791) 13,658 (2,742) 36,268 (3,969) 32,299
Balance, shares at Apr. 30, 2021 7,155 133            
Stock based compensation expense $ 7     4     11   11
Vested share units granted to Directors, including dividends declared payable in share units (per share)     $ 1 124     125   125
Vested share units granted to Directors, including dividends declared payable in share units (per share), shares     7            
Distributions to noncontrolling interests               (450) (450)
Net (loss) income         209   209 107 316
Dividends declared, including payable in share units (per share)         (351)   (351)   (351)
Reincorporation of FREIT with and into FREIT Maryland $ (28,150) $ 2,791 $ 70 25,289          
Reincorporation of FREIT with and into FREIT Maryland, shares (7,155) (133) 7,022            
Net unrealized gain (loss) on interest rate cap and swap contracts           (143) (143) (91) (234)
Balance at Jul. 31, 2021 $ 71 $ 25,417 $ 13,516 $ (2,885) $ 36,119 $ (4,403) $ 31,716
Balance, shares at Jul. 31, 2021 7,029            
[1] Represents the issuance of treasury shares to consultant and retired Director for share units earned.
[2] Represents the issuance of treasury shares to retired Director for share units earned.