Segment information (Tables)

12 Months Ended

Oct. 31, 2017

Segment Reporting [Abstract]

Schedule of segment and related information

Asset information is not reported since FREIT does not use this measure to assess performance.

	Years Ended October 31,
	2017			2016			2015
	(In Thousands of Dollars)
Real estate rental revenue:
Commercial	$	24,114		$	22,694		$	23,037
Residential		26,886			22,952			21,966
Total real estate rental revenue		51,000			45,646			45,003
Real estate operating expenses:
Commercial		11,791			10,661			10,436
Residential		14,442			11,136			10,626
Total real estate operating expenses		26,233			21,797			21,062
Net operating income:
Commercial		12,323			12,033			12,601
Residential		12,444			11,816			11,340
Total net operating income	$	24,767		$	23,849		$	23,941
Recurring capital improvements - residential	$	(798	)	$	(898	)	$	(424	)
Reconciliation to consolidated net income attributable to common equity:
Segment NOI	$	24,767		$	23,849		$	23,941
Gain on sale of property		15,395			314			—
Loan prepayment costs relating to property sale		(1,139	)		—			—
Lease termination fee		(620	)		—			—
Deferred rents - straight lining		634			608			(219	)
Amortization of acquired leases		—			—			(1	)
Investment income		206			150			150
General and administrative expenses		(2,129	)		(2,034	)		(2,029	)
Straight line rent adjustment - bankrupt tenant		—			—			(1,046	)
Depreciation		(10,669	)		(7,852	)		(6,883	)
Financing costs		(15,762	)		(11,936	)		(11,001	)
Net income		10,683			3,099			2,912
Net (income) loss attributable to  noncontrolling interests		2,433			(94	)		(281	)
Net income attributable to common equity	$	13,116		$	3,005		$	2,631