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Segment information (Tables)
3 Months Ended
Jan. 31, 2020
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 (loss) income attributable to common equity for the three month periods ended January 31, 2020 and 2019. Asset information is not reported since FREIT does not use this measure to assess performance.

 

   Three Months Ended 
   January 31, 
   2020   2019 
   (In Thousands of Dollars) 
Real estate rental revenue:          
Commercial  $7,014   $6,627 
Residential   8,516    8,234 
Total real estate rental revenue   15,530    14,861 
           
Real estate operating expenses:          
Commercial   2,724    2,831 
Residential   3,641    3,495 
Total real estate operating expenses   6,365    6,326 
           
Net operating income:          
Commercial   4,290    3,796 
Residential   4,875    4,739 
Total net operating income  $9,165   $8,535 
           
           
Recurring capital improvements - residential  $(96)  $(124)
           
           
Reconciliation to condensed consolidated net (loss) income attributable to common equity:          
Segment NOI  $9,165   $8,535 
Deferred rents - straight lining   63    67 
Investment income   72    71 
Unrealized loss on interest rate cap contract       (154)
General and administrative expenses   (772)   (608)
Special committee expenses   (3,382)    
Depreciation   (2,932)   (2,824)
Financing costs   (4,235)   (4,652)
Net (loss) income   (2,021)   435 
    Net (income) loss attributable to noncontrolling interests in subsidiaries   (241)   24 
Net (loss) income attributable to common equity  $(2,262)  $459