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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Beneficial Interest
Treasury Shares at Cost
Common Stock
Additional Paid-In -Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Total Common Equity
Noncontrolling Interests in Subsidiaries
Balance at Oct. 31, 2019 $ 16,048 $ 28,847 $ (4,330) $ (6,762) $ (2,040) $ 15,715 $ 333
Balance (in Shares) at Oct. 31, 2019   7,185 206          
Stock based compensation expense 46 $ 46           46  
Vested share units granted to Directors, including dividends declared payable in share units 534 $ 534           534  
Vested share units granted to Directors, including dividends declared payable in share units (in Shares)   29              
Vested share units issued to consultant and retired Directors [1] $ (1,467) $ 1,467          
Vested share units issued to consultant and retired Directors (in Shares) [1]   (69) (69)            
Deconsolidation of subsidiary 3,596             3,596
Distributions to noncontrolling interests in subsidiaries (3,883)             (3,883)
Net income (loss) 17,320         20,553   20,553 (3,233)
Net unrealized gain on interest rate cap and swap contracts (2,798)           (1,946) (1,946) (852)
Balance at Oct. 31, 2020 30,863 $ 27,960 $ (2,863) 13,791 (3,986) 34,902 (4,039)
Balance (in Shares) at Oct. 31, 2020   7,145 137          
Stock based compensation expense 42 $ 31     11     42  
Vested share units granted to Directors, including dividends declared payable in share units 488 $ 231   $ 1 256     488  
Vested share units granted to Directors, including dividends declared payable in share units (in Shares)   14   14          
Vested share units issued to consultant and retired Directors [1] $ (72) $ 72          
Vested share units issued to consultant and retired Directors (in Shares) [1]   (4) (4)            
Distributions to noncontrolling interests in subsidiaries (1,350)             (1,350)
Net income (loss) 1,047         927   927 120
Dividends declared, including payable in share units (1,755)         (1,755)   (1,755)  
Reincorporation of FREIT with and into FREIT Maryland (See Note 1)   $ (28,150) $ 2,791 $ 70 25,289        
Reincorporation of FREIT with and into FREIT Maryland (See Note 1) (in Shares)   (7,155) (133) 7,022          
Net unrealized gain on interest rate cap and swap contracts 2,616           1,969 1,969 647
Balance at Oct. 31, 2021 31,951 $ 71 25,556 12,963 (2,017) 36,573 (4,622)
Balance (in Shares) at Oct. 31, 2021   7,036          
Stock based compensation expense 1,192       1,192     1,192  
Vested share units granted to Directors, including dividends declared payable in share units 1,861     $ 1 1,860     1,861  
Vested share units granted to Directors, including dividends declared payable in share units (in Shares)       100          
Stock options exercised 2,028     $ 1 2,027     2,028  
Stock options exercised (in Shares)       185          
Distributions to noncontrolling interests in subsidiaries (20,091)             (20,091)
Net income (loss) 69,244         45,992   45,992 23,252
Dividends declared, including payable in share units (65,163)         (65,163)   (65,163)  
Net unrealized gain on interest rate cap and swap contracts 3,717           3,426 3,426 291
Balance at Oct. 31, 2022 $ 24,739 $ 73 $ 30,635 $ (6,208) $ 1,409 $ 25,909 $ (1,170)
Balance (in Shares) at Oct. 31, 2022   7,321          
[1] Represents the issuance of treasury shares to consultant and retired Director(s) for share units earned.