XML 58 R38.htm IDEA: XBRL DOCUMENT v2.4.1.9
Segment information (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Apr. 30, 2015
Apr. 30, 2014
Apr. 30, 2015
segments
Apr. 30, 2014
Reportable Segments        
Real estate rental revenue $ 11,252us-gaap_RealEstateRevenueNet $ 10,632us-gaap_RealEstateRevenueNet $ 22,532us-gaap_RealEstateRevenueNet $ 21,204us-gaap_RealEstateRevenueNet
Real estate operating expenses 8,056us-gaap_OperatingExpenses 6,939us-gaap_OperatingExpenses 15,281us-gaap_OperatingExpenses 13,457us-gaap_OperatingExpenses
Operating income 3,196us-gaap_OperatingIncomeLoss 3,693us-gaap_OperatingIncomeLoss 7,251us-gaap_OperatingIncomeLoss 7,747us-gaap_OperatingIncomeLoss
Reconciliation to consolidated net income:        
Deferred rents - straight lining (73)us-gaap_StraightLineRentAdjustments (41)us-gaap_StraightLineRentAdjustments (148)us-gaap_StraightLineRentAdjustments (87)us-gaap_StraightLineRentAdjustments
Amortization of acquired leases   (5)us-gaap_AmortizationOfAboveAndBelowMarketLeases (1)us-gaap_AmortizationOfAboveAndBelowMarketLeases (11)us-gaap_AmortizationOfAboveAndBelowMarketLeases
Investment income 36us-gaap_InvestmentIncomeNet 41us-gaap_InvestmentIncomeNet 76us-gaap_InvestmentIncomeNet 83us-gaap_InvestmentIncomeNet
General and administrative expenses (652)us-gaap_GeneralAndAdministrativeExpense (401)us-gaap_GeneralAndAdministrativeExpense (1,144)us-gaap_GeneralAndAdministrativeExpense (803)us-gaap_GeneralAndAdministrativeExpense
Depreciation (1,648)us-gaap_DepreciationNonproduction (1,520)us-gaap_DepreciationNonproduction (3,295)us-gaap_DepreciationNonproduction (3,040)us-gaap_DepreciationNonproduction
Financing costs (2,771)us-gaap_InterestExpense (2,844)us-gaap_InterestExpense (5,553)us-gaap_InterestExpense (5,821)us-gaap_InterestExpense
Income from continuing operations 461us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 890us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 1,774us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 2,009us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Income from discontinued operations          7us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
Gain on sale of discontinued operation    41us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax    8,734us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
Net income 461us-gaap_ProfitLoss 931us-gaap_ProfitLoss 1,774us-gaap_ProfitLoss 10,750us-gaap_ProfitLoss
Net (income) loss attributable to noncontrolling interests 71us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (98)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (194)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (291)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to common equity 532us-gaap_NetIncomeLoss 833us-gaap_NetIncomeLoss 1,580us-gaap_NetIncomeLoss 10,459us-gaap_NetIncomeLoss
Number of reportable segments     2us-gaap_NumberOfReportableSegments  
Operating Segments [Member]        
Reportable Segments        
Real estate rental revenue 11,325us-gaap_RealEstateRevenueNet
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
10,678us-gaap_RealEstateRevenueNet
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
22,681us-gaap_RealEstateRevenueNet
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
21,302us-gaap_RealEstateRevenueNet
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
Real estate operating expenses 5,756us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
5,018us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
10,842us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
9,614us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
Operating income 5,569us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
5,660us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
11,839us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
11,688us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
Reconciliation to consolidated net income:        
Segment NOI 5,569us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
5,660us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
11,839us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
11,688us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
Commercial [Member]        
Reconciliation to consolidated net income:        
Number of properties 10us-gaap_NumberOfRealEstateProperties
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CommercialRealEstateMember
  10us-gaap_NumberOfRealEstateProperties
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CommercialRealEstateMember
 
Commercial [Member] | Operating Segments [Member]        
Reportable Segments        
Real estate rental revenue 5,944us-gaap_RealEstateRevenueNet
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CommercialRealEstateMember
5,804us-gaap_RealEstateRevenueNet
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CommercialRealEstateMember
11,688us-gaap_RealEstateRevenueNet
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CommercialRealEstateMember
11,512us-gaap_RealEstateRevenueNet
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CommercialRealEstateMember
Real estate operating expenses 2,983us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CommercialRealEstateMember
2,643us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CommercialRealEstateMember
5,415us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CommercialRealEstateMember
4,966us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CommercialRealEstateMember
Operating income 2,961us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CommercialRealEstateMember
3,161us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CommercialRealEstateMember
6,273us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CommercialRealEstateMember
6,546us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_CommercialRealEstateMember
Residential [Member]        
Reportable Segments        
Recurring capital improvements (168)frevsob_RecurringCapitalImprovements
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_ResidentialRealEstateMember
(37)frevsob_RecurringCapitalImprovements
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_ResidentialRealEstateMember
(254)frevsob_RecurringCapitalImprovements
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_ResidentialRealEstateMember
(141)frevsob_RecurringCapitalImprovements
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_ResidentialRealEstateMember
Reconciliation to consolidated net income:        
Number of properties 7us-gaap_NumberOfRealEstateProperties
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_ResidentialRealEstateMember
  7us-gaap_NumberOfRealEstateProperties
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_ResidentialRealEstateMember
 
Residential [Member] | Operating Segments [Member]        
Reportable Segments        
Real estate rental revenue 5,381us-gaap_RealEstateRevenueNet
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_ResidentialRealEstateMember
4,874us-gaap_RealEstateRevenueNet
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_ResidentialRealEstateMember
10,993us-gaap_RealEstateRevenueNet
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_ResidentialRealEstateMember
9,790us-gaap_RealEstateRevenueNet
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_ResidentialRealEstateMember
Real estate operating expenses 2,773us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_ResidentialRealEstateMember
2,375us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_ResidentialRealEstateMember
5,427us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_ResidentialRealEstateMember
4,648us-gaap_OperatingExpenses
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_ResidentialRealEstateMember
Operating income $ 2,608us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_ResidentialRealEstateMember
$ 2,499us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_ResidentialRealEstateMember
$ 5,566us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_ResidentialRealEstateMember
$ 5,142us-gaap_OperatingIncomeLoss
/ us-gaap_ConsolidationItemsAxis
= us-gaap_OperatingSegmentsMember
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_ResidentialRealEstateMember