Subsequent event	9 Months Ended
Jul. 31, 2019
Subsequent Events [Abstract]
Subsequent event	Note 14 – Subsequent event: On August 26, 2019, Berdan Court, LLC (“Berdan Court”), (owned 100% by FREIT), refinanced its $17 million loan with the lender in the amount of $28,815,000. In July 2019, Berdan Court paid a good faith deposit in the amount of $576,300, which is included in prepaid expenses and other assets as of July 31, 2019 in the accompanying condensed consolidated balance sheet, and was reimbursed when the loan was closed in August 2019. This loan, secured by an apartment building located in Wayne, New Jersey, has a term of ten years and bears a fixed interest rate equal to 3.54%. Interest-only payments are required each month for the first five years of the term and thereafter, principal payments plus accrued interest will be required each month through maturity. This refinancing resulted in: (i) a reduction in the annual interest rate from a fixed rate of 6.09% to a fixed rate of 3.54% and (ii) net refinancing proceeds of approximately $11.6 million which can be used for capital expenditures and general corporate purposes.

Subsequent event

9 Months Ended

Jul. 31, 2019

Note 14 – Subsequent event:

On August 26, 2019, Berdan Court, LLC (“Berdan Court”), (owned 100% by FREIT), refinanced its $17 million loan with the lender in the amount of $28,815,000. In July 2019, Berdan Court paid a good faith deposit in the amount of $576,300, which is included in prepaid expenses and other assets as of July 31, 2019 in the accompanying condensed consolidated balance sheet, and was reimbursed when the loan was closed in August 2019. This loan, secured by an apartment building located in Wayne, New Jersey, has a term of ten years and bears a fixed interest rate equal to 3.54%. Interest-only payments are required each month for the first five years of the term and thereafter, principal payments plus accrued interest will be required each month through maturity. This refinancing resulted in: (i) a reduction in the annual interest rate from a fixed rate of 6.09% to a fixed rate of 3.54% and (ii) net refinancing proceeds of approximately $11.6 million which can be used for capital expenditures and general corporate purposes.