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Segment information (Tables)
3 Months Ended
Jan. 31, 2019
Segment Reporting [Abstract]  
Schedule of segment and related information

Real estate rental revenue, operating expenses, NOI and recurring capital improvements for the reportable segments are summarized below and reconciled to condensed consolidated net income (loss) attributable to common equity for the three month periods ended January 31, 2019 and 2018. Asset information is not reported since FREIT does not use this measure to assess performance.

 

   Three Months Ended 
   January 31, 
   2019   2018 
   (In Thousands of Dollars) 
Real estate rental revenue:          
Commercial  $6,627   $6,303 
Residential   8,234    7,793 
Total real estate rental revenue   14,861    14,096 
           
Real estate operating expenses:          
Commercial   2,831    3,037 
Residential   3,495    3,716 
Total real estate operating expenses   6,326    6,753 
           
Net operating income:          
Commercial   3,796    3,266 
Residential   4,739    4,077 
Total net operating income  $8,535   $7,343 
           
           
Recurring capital improvements - residential  $(124)  $(111)
           
           
Reconciliation to condensed consolidated net income (loss) attributable to common equity:
Segment NOI  $8,535   $7,343 
Deferred rents - straight lining   67    98 
Investment income   71    55 
Unrealized loss on interest rate cap contract   (154)    
General and administrative expenses   (608)   (553)
Depreciation   (2,824)   (2,711)
Financing costs   (4,652)   (5,152)
Net income (loss)   435    (920)
    Net loss attributable to noncontrolling interests in subsidiaries   24    563 
Net income (loss) attributable to common equity  $459   $(357)