v3.26.1
Segment Information (Tables)
6 Months Ended
Apr. 30, 2026
Segment Information [Abstract]  
Schedule of Consolidated Net Income Attributable to Common Equity Asset information is not reported since FREIT does not use this measure to assess performance.
    Six Months Ended     Three Months Ended  
    April 30,     April 30,  
    2026     2025     2026     2025  
    (In Thousands of Dollars)     (In Thousands of Dollars)  
Real estate rental revenue:                                
Commercial   $ 4,042     $ 3,780     $ 2,084     $ 1,846  
Residential     11,106       10,803       5,551       5,440  
Total real estate rental revenue     15,148       14,583       7,635       7,286  
                                 
Real estate operating expenses:                                
Commercial     2,828       2,650       1,479       1,283  
Residential     4,683       4,551       2,342       2,182  
Total real estate operating expenses     7,511       7,201       3,821       3,465  
                                 
Net operating income:                                
Commercial     1,214       1,130       605       563  
Residential     6,423       6,252       3,209       3,258  
Total net operating income   $ 7,637     $ 7,382     $ 3,814     $ 3,821  
                                 
                                 
 Recurring capital improvements - residential   $ (248 )   $ (203 )   $ (186 )   $ (126 )
                                 
                                 
Reconciliation to condensed consolidated net income attributable to common equity:                                
Segment NOI   $ 7,637     $ 7,382     $ 3,814     $ 3,821  
Deferred rents - straight lining     (10 )     (56 )     (1 )     (28 )
Investment income     549       750       265       350  
General and administrative expenses     (1,765 )     (1,636 )     (1,052 )     (791 )
(Loss) income on investment in tenancy-in-common     (69 )     23       (68 )     14  
Depreciation     (1,445 )     (1,457 )     (724 )     (734 )
Financing costs     (3,661 )     (3,724 )     (1,800 )     (1,851 )
Net income     1,236       1,282       434       781  
Net loss attributable to noncontrolling interests in subsidiaries     323       226       182       113  
Net income attributable to common equity   $ 1,559     $ 1,508     $ 616     $ 894