Deferred fee plan	3 Months Ended
Deferred fee plan	Jan. 31, 2015
Deferred fee plan [Abstract]
Deferred fee plan	Note 15 – Deferred fee plan: On September 4, 2014, the Board approved amendments, effective November 1, 2014, to the FREIT Deferred Fee Plan for its Executive Officers and Trustees, one of which provides for the issuance of share units payable in FREIT shares in respect of (i) deferred amounts of all Trustee fees on a prospective basis; (ii) interest on Trustee fees deferred prior to November 1, 2014 (payable at a floating rate, adjusted quarterly, based on the average 10-year Treasury Bond interest rate plus 150 basis points); and (iii) dividends payable in respect of share units allocated to participants in the Deferred Fee Plan as a result of deferrals described above. The number of share units will be determined by the closing price of FREIT shares on the date as set forth in the agreement. As a result of the plan amendment described above, all Trustee fees and related interest for the three-months ended January 31, 2015, which amounted to approximately $187,000, have been paid through the issuance of 9,807 FREIT share units based on the closing price of FREIT shares on January 29, 2015, the date as set forth in the agreement. Such vested units are reflected in “Shares of beneficial interest” in FREIT's Condensed Consolidated Balance Sheet as of January 31, 2015. FREIT has charged $184,000 of this amount, representing Trustee fees and interest, to expense and the balance of $3,000, representing dividends payable in respect of share units allocated to Plan participants, has been charged to equity.

The entire disclosure for compensation costs, including compensated absences accruals, compensated absences liability, deferred compensation arrangements and income statement compensation items. Deferred compensation arrangements may include a description of an arrangement with an individual employee, which is generally an employment contract between the entity and a selected officer or key employee containing a promise by the employer to pay certain amounts at designated future dates, usually including a period after retirement, upon compliance with stipulated requirements. This type of arrangement is distinguished from broader based employee benefit plans as it is usually tailored to the employee. Disclosure also typically includes the amount of related compensation expense recognized during the reporting period, the number of shares (units) issued during the period under such arrangements, and the carrying amount as of the balance sheet date of the related liability.

+ References+ Details