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Mortgage financings and line of credit (Details) - USD ($)
1 Months Ended 9 Months Ended
Jul. 22, 2022
Jul. 31, 2023
Aug. 03, 2023
Feb. 01, 2023
Oct. 31, 2022
Aug. 19, 2022
Dec. 30, 2021
Mortgage Financings and Line of Credit [Line Items]              
Loan amount     $ 25,500,000     $ 25,000,000  
Installment amount   $ 157,347          
Fixed interest rate   7.50%          
Principal amount   $ 1,888,166          
Loan agreement description Wayne PSC, LLC (“Wayne PSC”) refinanced its $22.1 million loan (inclusive of deferred interest of approximately $136,000), which would have matured on October 1, 2026, on its Preakness Shopping Center located in Wayne, New Jersey with a new loan held by ConnectOne Bank in the amount of $25,000,000. This loan is interest-only based on a fixed interest rate of 5% and has a term of three years with a maturity date of August 1, 2025. Additionally, an interest reserve escrow was established at closing representing twelve months of interest of $1,250,000, which can be used to pay monthly interest on this loan with a requirement to replenish the escrow account back to $1,250,000 when the balance in the escrow account is reduced to three months of interest. This refinancing resulted in (i) annual debt service savings of approximately $340,000 due to interest-only payments; (ii) an increase in the interest rate from a fixed interest rate of 3.625% to a fixed interest rate of 5%; and (iii) net refinancing proceeds of approximately $1.1 million which can be used for capital expenditures and general corporate purposes. As part of the refinancing, Wayne PSC terminated the interest rate swap contract on the underlying loan resulting in a realized gain on the swap breakage of approximately $1.4 million, which has been recorded as a realized gain on the accompanying condensed consolidated statements of income for the nine and three months ended July 31, 2022. (See Note 4 for additional details.) As of July 31, 2023, the interest reserve escrow account has a balance of approximately $933,000            
Escrow amount   933,000          
Available to draw   7,500,000          
Annual debt service savings   1,173,000          
Line of Credit, available       $ 13,000,000    
Westwood Hills, LLC [Member]              
Mortgage Financings and Line of Credit [Line Items]              
Interest rate   9.21%          
FREIT [Member]              
Mortgage Financings and Line of Credit [Line Items]              
Loan amount, new             $ 14,400,000
New Jersey Division of Taxation [Member]              
Mortgage Financings and Line of Credit [Line Items]              
Outstanding balance       $ 16,864,361      
FREIT Maryland [Member]              
Mortgage Financings and Line of Credit [Line Items]              
Loan amount, new   $ 25,000,000         $ 7,500,000
Available to draw   $ 7,500,000          
FREIT Maryland [Member] | Maximum [Member]              
Mortgage Financings and Line of Credit [Line Items]              
Fixed interest rate on old loan   5.37%          
FREIT Maryland [Member] | Minimum [Member]              
Mortgage Financings and Line of Credit [Line Items]              
Fixed interest rate on old loan   2.85%          
FREIT [Member]              
Mortgage Financings and Line of Credit [Line Items]              
Maturity date of loan   Jan. 01, 2024          
Line of Credit [Member]              
Mortgage Financings and Line of Credit [Line Items]              
Interest rate   $ 13,000,000          
Basis points, interest rate   3.75%