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Segment information (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Oct. 31, 2021
USD ($)
properties
Jul. 31, 2021
USD ($)
Apr. 30, 2021
USD ($)
Jan. 31, 2021
USD ($)
Oct. 31, 2020
USD ($)
properties
Jul. 31, 2020
USD ($)
Apr. 30, 2020
USD ($)
Jan. 31, 2020
USD ($)
Oct. 31, 2021
USD ($)
segments
properties
Oct. 31, 2020
USD ($)
properties
Oct. 31, 2019
USD ($)
properties
Reportable Segments                      
Real estate rental revenue $ 12,191 [1] $ 12,542 $ 12,804 $ 12,754 $ 11,297 $ 12,149 [2] $ 13,688 $ 15,593 $ 50,291 $ 52,727 $ 60,277
Real estate operating expenses                 36,789 48,967 41,450
Operating income                 13,502 3,760 18,827
Reconciliation to consolidated net income attributable to common equity:                      
Deferred rents - straight lining                 (230) (397) 410
Investment income                 116 204 360
Unrealized (loss) gain on interest rate cap contract                 (160)
Special Committee third party advisory, legal and other expenses                 (4,606) (1,416)
Gain on sale of property                 836
Gain on deconsolidation of subsidiary                 27,680
Loss on investment in tenancy-in-common                 (295) (202)
General and administrative expenses                 (5,195) (3,821) (2,633)
Depreciation                 (9,300) (10,341) (11,339)
Tenant improvement write-off due to COVID-19                 (7,277)
Financing costs                 (12,276) (14,122) (18,070)
Net income 15 316 (63) 779 (7,475) (320) 27,136 (2,021) 1,047 17,320 1,793
Net (income) loss attributable to noncontrolling interests in subsidiaries 136 (107) 72 (221) 3,251 139 84 (241) (120) 3,233 (6)
Net income attributable to common equity $ 151 $ 209 $ 9 $ 558 $ (4,224) $ (181) $ 27,220 $ (2,262) $ 927 20,553 1,787
Number of reportable segments | segments                 2    
Operating Segments [Member]                      
Reportable Segments                      
Real estate rental revenue                 $ 50,521 53,124 59,867
Real estate operating expenses                 22,294 22,922 26,062
Operating income                 28,227 30,202 33,805
Reconciliation to consolidated net income attributable to common equity:                      
Segment NOI                 $ 28,227 $ 30,202 $ 33,805
Commercial [Member]                      
Reconciliation to consolidated net income attributable to common equity:                      
Number of properties | properties 8       8       8 8 8
Commercial [Member] | Operating Segments [Member]                      
Reportable Segments                      
Real estate rental revenue                 $ 23,547 $ 24,486 $ 26,692
Real estate operating expenses                 11,223 11,334 11,694
Operating income                 12,324 13,152 14,998
Residential [Member]                      
Reportable Segments                      
Recurring capital improvements - residential                 $ (625) $ (347) $ (685)
Reconciliation to consolidated net income attributable to common equity:                      
Number of properties | properties 7       7       7 7 8
Residential [Member] | Operating Segments [Member]                      
Reportable Segments                      
Real estate rental revenue                 $ 26,974 $ 28,638 $ 33,175
Real estate operating expenses                 11,071 11,588 14,368
Operating income                 $ 15,903 $ 17,050 $ 18,807
[1] Includes settle-ups of Common Area Maintenance with commercial tenants of approximately $0.7 million for the fiscal quarter ended October 31, 2021, of which approximately $0.4 million related to Fiscal 2020 and approximately $0.3 million related to prior quarters in Fiscal 2021.
[2] Includes impact of the rejection of the lease for Cobb Theatre at the Rotunda retail property as of June 30, 2020 resulting in the reversal against revenue of uncollected rents in the amount of approximately $0.3 million and a straight-line rent receivable of approximately $0.4 million and the write-off of unamortized leasing commissions in the amount of approximately $0.2 million resulting in a net impact of approximately $0.9 million (with a consolidated impact to FREIT of approximately $0.5 million). ($0.07 per share)