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Property held for sale and discontinued operations (Details Narrative) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Jan. 31, 2013
Oct. 31, 2012
Capital gain on sale of apartments before tax   $ 9,500
Distributions to shareholders   5,000
Income tax adjustment on gain on sale of discontinued operation (720)  
Heights Manor Apartments
   
Description of discontinued operations On August 29, 2012, FREIT sold its Heights Manor Apartments in Spring Lake Heights, NJ. The current quarter and prior's quarter operating results of Heights Manor have been classified as "Income from discontinued operations" income statement.  
Capital gain on sale of apartments before tax 4,500  
Distributions to shareholders 1,400  
Income tax adjustment on gain on sale of discontinued operation (720)  
Palisades Manor Apartments
   
Description of discontinued operations The operating results of the Palisades Manor apartments have been classified as discontinued operations in the income statements for the three month periods ended January 31, 2013 and 2012. FREIT expects to recognize a gain in connection with the ultimate sale of this property.  
Status of disposal In January 2013, FREIT entered into a contract for the sale of the Palisades Manor Apartments in Palisades Park, New Jersey for $1.6 million.  
Contract for sale of apartments 1,600  
Expected gain on sale of property 1,500  
Federal
   
Income taxes on undistributed gains   1,500
State
   
Income taxes on undistributed gains   $ 400,000