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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (Unaudited) - USD ($)
$ in Thousands
Beneficial Interest [Member]
Treasury Shares at Cost [Member]
Common Stock [Member]
Additional Paid-In-Capital [Member]
Retained Earnings (Accumulated Deficit) [Member]
Accumulated Other Comprehensive Loss [Member]
Total Common Equity [Member]
Noncontrolling Interests in Subsidiaries [Member]
Total
Balance at Oct. 31, 2020 $ 27,960 $ (2,863) $ 13,791 $ (3,986) $ 34,902 $ (4,039) $ 30,863
Balance, shares at Oct. 31, 2020 7,145,000 137,000            
Stock based compensation expense $ 12           12   12
Vested share units granted to Directors, including dividends declared payable in share units (per share) $ 118           118   118
Vested share units granted to Directors, including dividends declared payable in share units (per share), shares 7,000                
Net income (loss)         558   558 221 779
Dividends declared, including payable in share units (per share)         (350)   (350)   (350)
Net unrealized gain on interest rate cap and swap contracts           387 387 111 498
Balance at Jan. 31, 2021 $ 28,090 $ (2,863) 13,999 (3,599) 35,627 (3,707) 31,920
Balance, shares at Jan. 31, 2021 7,152,000 137,000            
Balance at Oct. 31, 2020 $ 27,960 $ (2,863) 13,791 (3,986) 34,902 (4,039) 30,863
Balance, shares at Oct. 31, 2020 7,145,000 137,000            
Vested share units issued to consultant and retired Director                 72
Net income (loss)                 1,032
Balance at Jul. 31, 2021 $ 71 25,417 13,516 (2,885) 36,119 (4,403) 31,716
Balance, shares at Jul. 31, 2021 7,029,000            
Balance at Jan. 31, 2021 $ 28,090 $ (2,863) 13,999 (3,599) 35,627 (3,707) 31,920
Balance, shares at Jan. 31, 2021 7,152,000 137,000            
Stock based compensation expense $ 12           12   12
Vested share units granted to Directors, including dividends declared payable in share units (per share) $ 113           113   113
Vested share units granted to Directors, including dividends declared payable in share units (per share), shares 7,000                
Vested share units issued to retired Director [1] $ (72) $ 72          
Vested share units issued to retired Director, shares [1] (4,000) (4,000)              
Distributions to noncontrolling interests in subsidiaries             (510) (510)
Net income (loss)         9   9 (72) (63)
Dividends declared, including payable in share units (per share)         (350)   (350)   (350)
Net unrealized gain on interest rate cap and swap contracts           857 857 320 1,177
Balance at Apr. 30, 2021 $ 28,143 $ (2,791) 13,658 (2,742) 36,268 (3,969) 32,299
Balance, shares at Apr. 30, 2021 7,155,000 133,000            
Stock based compensation expense $ 7     4     11   11
Vested share units granted to Directors, including dividends declared payable in share units (per share)     $ 1 124     125   125
Vested share units granted to Directors, including dividends declared payable in share units (per share), shares     7,000            
Distributions to noncontrolling interests in subsidiaries             (450) (450)
Net income (loss)         209   209 107 316
Dividends declared, including payable in share units (per share)         (351)   (351)   (351)
Reincorporation of FREIT with and into FREIT Maryland $ (28,150) $ 2,791 $ 70 25,289      
Reincorporation of FREIT with and into FREIT Maryland, shares (7,155,000) (133,000) 7,022,000            
Net unrealized gain on interest rate cap and swap contracts           (143) (143) (91) (234)
Balance at Jul. 31, 2021 $ 71 25,417 13,516 (2,885) 36,119 (4,403) 31,716
Balance, shares at Jul. 31, 2021 7,029,000            
Balance at Oct. 31, 2021     $ 71 25,556 12,963 (2,017) 36,573 (4,622) 31,951
Balance, shares at Oct. 31, 2021     7,036            
Stock based compensation expense       5     5   5
Vested share units granted to Directors, including dividends declared payable in share units (per share)       61     61   61
Vested share units granted to Directors, including dividends declared payable in share units (per share), shares     2,000            
Distributions to noncontrolling interests in subsidiaries             (19,700) (19,700)
Net income (loss)         45,777   (45,777) 23,376 (69,153)
Dividends declared, including payable in share units (per share)         (703)   (703)   (703)
Net unrealized gain on interest rate cap and swap contracts           928 928 334 1,262
Balance at Jan. 31, 2022     $ 71 25,622 58,037 (1,089) 82,641 (612) 82,029
Balance, shares at Jan. 31, 2022     7,038            
Balance at Oct. 31, 2021     $ 71 25,556 12,963 (2,017) 36,573 (4,622) 31,951
Balance, shares at Oct. 31, 2021     7,036            
Vested share units issued to consultant and retired Director                
Net income (loss)                 69,966
Balance at Jul. 31, 2022     $ 71 25,697 58,102 99 83,969 (1,000) 82,969
Balance, shares at Jul. 31, 2022     7,041            
Balance at Jan. 31, 2022     $ 71 25,622 58,037 (1,089) 82,641 (612) 82,029
Balance, shares at Jan. 31, 2022     7,038            
Stock based compensation expense       5     5   5
Vested share units granted to Directors, including dividends declared payable in share units (per share)       39     39   39
Vested share units granted to Directors, including dividends declared payable in share units (per share), shares     2,000            
Distributions to noncontrolling interests in subsidiaries             (180) (180)
Net income (loss)         (352)   (352) (649) 1,001
Dividends declared, including payable in share units (per share)         (704)   (704)   (704)
Net unrealized gain on interest rate cap and swap contracts           1,858 1,858 681 2,539
Balance at Apr. 30, 2022     $ 71 25,666 56,981 769 83,487 (760) 82,727
Balance, shares at Apr. 30, 2022     7,040            
Stock based compensation expense       5     5   5
Vested share units granted to Directors, including dividends declared payable in share units (per share)       26     26   26
Vested share units granted to Directors, including dividends declared payable in share units (per share), shares     1,000            
Distributions to noncontrolling interests in subsidiaries             (210) (210)
Net income (loss)         1,121   1,121 693 1,814
Net unrealized gain on interest rate cap and swap contracts           (670) (670) (723) (1,393)
Balance at Jul. 31, 2022     $ 71 $ 25,697 $ 58,102 $ 99 $ 83,969 $ (1,000) $ 82,969
Balance, shares at Jul. 31, 2022     7,041            
[1] Represents the issuance of treasury shares to retired Director for share units earned.