Subsequent events	9 Months Ended
Jul. 31, 2012
Subsequent Events [Abstract]
Subsequent events	Note 10 – Subsequent events: On August 29, 2012, FREIT closed on its contract for the sale of the Heights Manor Apartments in Spring Lake Heights, New Jersey and recognized a net gain of approximately $9.5 million from the sale. Since the sale closed subsequent to the close of FREIT’s 3^rd Quarter ended July 31, 2012, the sale and related gain will be recognized in FREIT’s financials in the 4^th Quarter of this year and will be classified as discontinued operations. In addition, FREIT is required to pay off the related mortgage loan on the Heights Manor property in the amount of approximately $2.8 million from the proceeds of the sale.

The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

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