v3.26.1
Segment Information (Tables)
9 Months Ended
Jul. 31, 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.
    Nine Months Ended     Three Months Ended  
    July 31,     July 31,  
    2026     2025     2026     2025  
    (In Thousands of Dollars)     (In Thousands of Dollars)  
Real estate rental revenue:                                
Commercial   $ 5,884     $ 5,585     $ 1,842     $ 1,805  
Residential     16,797       16,269       5,691       5,466  
Total real estate rental revenue     22,681       21,854       7,533       7,271  
                                 
Real estate operating expenses:                                
Commercial     4,075       3,923       1,247       1,273  
Residential     7,082       6,880       2,399       2,329  
Total real estate operating expenses     11,157       10,803       3,646       3,602  
                                 
Net operating income:                                
Commercial     1,809       1,662       595       532  
Residential     9,715       9,389       3,292       3,137  
Total net operating income   $ 11,524     $ 11,051     $ 3,887     $ 3,669  
                                 
                                 
Recurring capital improvements - residential   $ (389 )   $ (357 )   $ (141 )   $ (154 )
                                 
                                 
Reconciliation to condensed consolidated net income attributable to common equity:                                
Segment NOI   $ 11,524     $ 11,051     $ 3,887     $ 3,669  
Deferred rents - straight lining     (6 )     (83 )     4       (27 )
Investment income     846       1,053       297       303  
General and administrative expenses     (3,141 )     (2,260 )     (1,376 )     (624 )
Loss on investment in tenancy-in-common     (106 )     (13 )     (37 )     (36 )
Net gain on sale of property     19,825             19,825        
Depreciation     (2,126 )     (2,195 )     (681 )     (738 )
Financing costs     (5,634 )     (5,532 )     (1,973 )     (1,808 )
Net income     21,182       2,021       19,946       739  
    Net loss attributable to noncontrolling interests in subsidiaries     538       366       215       140  
Net income attributable to common equity   $ 21,720     $ 2,387     $ 20,161     $ 879