$FREVS
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY Stock $frevs

$frevs Overview Financials Valuation SEC Filings Company Website

2015 Q1 Form 10-Q Financial Statement

#000117494715000394 Filed on March 12, 2015

Income Statement

Concept	2015 Q1	2014 Q1
Revenue	$11.28M	$10.57M
YoY Change	6.7%	1.75%
Cost Of Revenue	$5.090M	$4.530M
YoY Change	12.36%	1.8%
Gross Profit	$6.190M	$6.040M
YoY Change	2.48%	1.68%
Gross Profit Margin	54.88%	57.13%
Selling, General & Admin	$490.0K	$470.0K
YoY Change	4.26%	-4.08%
% of Gross Profit	7.92%	7.78%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.647M	$1.520M
YoY Change	8.36%	-8.43%
% of Gross Profit	26.61%	25.17%
Operating Expenses	$7.225M	$6.520M
YoY Change	10.81%	226.0%
Operating Profit	$4.055M	$4.052M
YoY Change	0.07%	2.84%
Interest Expense	$2.782M	$2.976M
YoY Change	-6.52%	-200.2%
% of Operating Profit	68.61%	73.45%
Other Income/Expense, Net
YoY Change
Pretax Income	$6.270M	$1.120M
YoY Change	459.82%	15.46%
Income Tax	$0.00	$0.00
% Of Pretax Income	0.0%	0.0%
Net Earnings	$1.048M	$9.625M
YoY Change	-89.11%	554.32%
Net Earnings / Revenue	9.29%	91.04%
Basic Earnings Per Share
Diluted Earnings Per Share	$154.0K	$1.390M
COMMON SHARES
Basic Shares Outstanding	6.821M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2015 Q1	2014 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$20.40M	$25.10M
YoY Change	-18.73%	-8.39%
Cash & Equivalents	$20.41M	$25.09M
Short-Term Investments
Other Short-Term Assets	$3.900M	$3.100M
YoY Change	25.81%	-8.82%
Inventory
Prepaid Expenses
Receivables	$5.700M	$6.900M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$30.00M	$35.10M
YoY Change	-14.53%	-13.55%
LONG-TERM ASSETS
Property, Plant & Equipment	$287.3M	$218.9M
YoY Change	31.25%	1.91%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$5.200M	$15.30M
YoY Change	-66.01%	378.13%
Total Long-Term Assets	$299.5M	$239.9M
YoY Change	24.84%	9.1%
TOTAL ASSETS
Total Short-Term Assets	$30.00M	$35.10M
Total Long-Term Assets	$299.5M	$239.9M
Total Assets	$329.5M	$275.0M
YoY Change	19.81%	5.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$9.400M	$5.000M
YoY Change	88.0%	78.57%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$22.90M	$17.30M
YoY Change	32.37%	22.7%
LONG-TERM LIABILITIES
Long-Term Debt	$277.2M	$225.9M
YoY Change	22.71%	3.01%
Other Long-Term Liabilities	$2.600M	$800.0K
YoY Change	225.0%	-38.46%
Total Long-Term Liabilities	$279.8M	$226.7M
YoY Change	23.42%	2.77%
TOTAL LIABILITIES
Total Short-Term Liabilities	$22.90M	$17.30M
Total Long-Term Liabilities	$279.8M	$226.7M
Total Liabilities	$302.6M	$252.9M
YoY Change	19.66%	3.9%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$25.20M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$3.348M
YoY Change
Treasury Stock Shares	172.0K shares
Shareholders Equity	$13.04M	$22.10M
YoY Change
Total Liabilities & Shareholders Equity	$329.5M	$275.0M
YoY Change	19.81%	5.57%

Cashflow Statement

Concept	2015 Q1	2014 Q1
OPERATING ACTIVITIES
Net Income	$1.048M	$9.625M
YoY Change	-89.11%	554.32%
Depreciation, Depletion And Amortization	$1.647M	$1.520M
YoY Change	8.36%	-8.43%
Cash From Operating Activities	$4.640M	$3.314M
YoY Change	40.01%	39.83%
INVESTING ACTIVITIES
Capital Expenditures	-$17.51M	-$4.730M
YoY Change	270.19%	152.94%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$17.51M	-$4.734M
YoY Change	269.79%	153.16%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$0.00	$357.0K
YoY Change	-100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$22.73M	$18.71M
YoY Change	21.48%	14.84%
NET CHANGE
Cash From Operating Activities	$4.640M	$3.314M
Cash From Investing Activities	-$17.51M	-$4.734M
Cash From Financing Activities	$22.73M	$18.71M
Net Change In Cash	$9.859M	$17.29M
YoY Change	-42.97%	2.96%
FREE CASH FLOW
Cash From Operating Activities	$4.640M	$3.314M
Capital Expenditures	-$17.51M	-$4.730M
Free Cash Flow	$22.15M	$8.044M
YoY Change	175.36%	89.72%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2014Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	222317000	USD
CY2015Q1	us-gaap	Development In Process DevelopmentInProcess	65565000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	20413000	USD
CY2015Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	221721000	USD
CY2015Q1	us-gaap	Derivative Liabilities DerivativeLiabilities	1634000	USD
CY2015Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	300000	USD
CY2014Q4	us-gaap	Liabilities Liabilities	275471000	USD
CY2015Q1	us-gaap	Liabilities Liabilities	302620000	USD
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	8000000	shares
CY2015Q1	us-gaap	Common Stock No Par Value CommonStockNoParValue
CY2015Q1	us-gaap	Depreciation Depreciation	1647000	USD
CY2014Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	6270000	USD
CY2015Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1533000	USD
CY2014Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	360000	USD
CY2015Q1	us-gaap	Stockholders Equity StockholdersEquity	13043000	USD
CY2015Q1	us-gaap	Adjustment For Amortization AdjustmentForAmortization	159000	USD
CY2015Q1	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	-93000	USD
CY2015Q1	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	64000	USD
CY2015Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	1343000	USD
CY2015Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-62000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	4640000	USD
CY2015Q1	us-gaap	Payments For Construction In Process PaymentsForConstructionInProcess	16449000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-17506000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	22725000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	7801000	USD
CY2015Q1	us-gaap	Interest Paid Net InterestPaidNet	2571000	USD
CY2015Q1	us-gaap	Escrow Deposits Related To Property Sales EscrowDepositsRelatedToPropertySales		USD
CY2015Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	5226000	USD
CY2015Q1	us-gaap	Deposits Assets DepositsAssets	1520000	USD
CY2015Q1	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	3793000	USD
CY2014Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	3869000	USD
CY2015Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	1899000	USD
CY2014Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	1673000	USD
CY2015Q1	us-gaap	Loans Receivable Commercial Real Estate LoansReceivableCommercialRealEstate	5451000	USD
CY2014Q4	us-gaap	Loans Receivable Commercial Real Estate LoansReceivableCommercialRealEstate	5451000	USD
CY2015Q1	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	3930000	USD
CY2014Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	4059000	USD
CY2015Q1	frevsob	Deferred Charges Net DeferredChargesNet	5199000	USD
CY2014Q4	frevsob	Deferred Charges Net DeferredChargesNet	5143000	USD
CY2015Q1	us-gaap	Derivative Assets DerivativeAssets		USD
CY2014Q4	us-gaap	Derivative Assets DerivativeAssets	515000	USD
CY2015Q1	us-gaap	Assets Assets	329491000	USD
CY2014Q4	us-gaap	Assets Assets	305317000	USD
CY2015Q1	us-gaap	Secured Debt SecuredDebt	277242000	USD
CY2014Q4	us-gaap	Secured Debt SecuredDebt	251552000	USD
CY2015Q1	us-gaap	Other Deferred Compensation Arrangements Liability Current And Noncurrent OtherDeferredCompensationArrangementsLiabilityCurrentAndNoncurrent	9078000	USD
CY2014Q4	us-gaap	Other Deferred Compensation Arrangements Liability Current And Noncurrent OtherDeferredCompensationArrangementsLiabilityCurrentAndNoncurrent	9017000	USD
CY2015Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	9354000	USD
CY2014Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	9495000	USD
CY2015Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	2046000	USD
CY2014Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	2046000	USD
CY2015Q1	us-gaap	Security Deposit Liability SecurityDepositLiability	2342000	USD
CY2014Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	2319000	USD
CY2015Q1	us-gaap	Deferred Revenue DeferredRevenue	924000	USD
CY2014Q4	us-gaap	Deferred Revenue DeferredRevenue	1042000	USD
CY2014Q4	us-gaap	Derivative Liabilities DerivativeLiabilities		USD
CY2015Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	8000000	shares
CY2015Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	6993152	shares
CY2015Q1	us-gaap	Common Stock Value CommonStockValue	25195000	USD
CY2014Q4	us-gaap	Common Stock Value CommonStockValue	24985000	USD
CY2015Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	171981	shares
CY2015Q1	us-gaap	Treasury Stock Value TreasuryStockValue	3348000	USD
CY2014Q4	us-gaap	Treasury Stock Value TreasuryStockValue	3348000	USD
CY2015Q1	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	7271000	USD
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	15727000	USD
CY2015Q1	us-gaap	Minority Interest MinorityInterest	13828000	USD
CY2014Q4	us-gaap	Minority Interest MinorityInterest	14119000	USD
CY2015Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	26871000	USD
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	29846000	USD
CY2015Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	329491000	USD
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	305317000	USD
CY2014Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	171981	shares
CY2014Q4	us-gaap	Common Stock No Par Value CommonStockNoParValue
CY2015Q1	us-gaap	Tenant Reimbursements TenantReimbursements	1337000	USD
CY2015Q1	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	262000	USD
CY2014Q1	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	297000	USD
CY2015Q1	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	11280000	USD
CY2014Q1	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	10572000	USD
CY2015Q1	frevsob	General Operating Expenses GeneralOperatingExpenses	3139000	USD
CY2014Q1	frevsob	General Operating Expenses GeneralOperatingExpenses	2668000	USD
CY2015Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2014Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	6993152	shares
CY2015Q1	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	9681000	USD
CY2014Q1	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	8992000	USD
CY2014Q1	us-gaap	Tenant Reimbursements TenantReimbursements	1283000	USD
CY2015Q1	us-gaap	Owned Property Management Costs OwnedPropertyManagementCosts	486000	USD
CY2014Q1	us-gaap	Owned Property Management Costs OwnedPropertyManagementCosts	468000	USD
CY2015Q1	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	1953000	USD
CY2014Q1	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	1864000	USD
CY2015Q1	us-gaap	Depreciation Nonproduction DepreciationNonproduction	1647000	USD
CY2014Q1	us-gaap	Depreciation Nonproduction DepreciationNonproduction	1520000	USD
CY2015Q1	us-gaap	Operating Expenses OperatingExpenses	7225000	USD
CY2014Q1	us-gaap	Operating Expenses OperatingExpenses	6520000	USD
CY2015Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	4055000	USD
CY2014Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	4052000	USD
CY2015Q1	us-gaap	Investment Income Net InvestmentIncomeNet	40000	USD
CY2014Q1	us-gaap	Investment Income Net InvestmentIncomeNet	42000	USD
CY2015Q1	us-gaap	Interest Expense InterestExpense	2782000	USD
CY2014Q1	us-gaap	Interest Expense InterestExpense	2976000	USD
CY2015Q1	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	1313000	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	1118000	USD
CY2015Q1	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax		USD
CY2014Q1	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax	7000	USD
CY2015Q1	us-gaap	Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax		USD
CY2014Q1	us-gaap	Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax	8693000	USD
CY2015Q1	us-gaap	Profit Loss ProfitLoss	1313000	USD
CY2014Q1	us-gaap	Profit Loss ProfitLoss	9818000	USD
CY2015Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	265000	USD
CY2014Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	193000	USD
CY2015Q1	us-gaap	Net Income Loss NetIncomeLoss	1048000	USD
CY2014Q1	us-gaap	Net Income Loss NetIncomeLoss	9625000	USD
CY2015Q1	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	0.15
CY2014Q1	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	0.13
CY2015Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
CY2014Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare	1.26
CY2015Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.15
CY2014Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	1.39
CY2015Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	6821000	shares
CY2014Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	6932000	shares
CY2015Q1	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	1048000	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	925000	USD
CY2015Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity		USD
CY2014Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	8700000	USD
CY2015Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	1048000	USD
CY2014Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	9625000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-2259000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-9000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-110000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-79000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-2149000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	70000	USD
CY2015Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-836000	USD
CY2014Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	9888000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToNoncontrollingInterest	-256000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToNoncontrollingInterest	21000	USD
CY2015Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	9000	USD
CY2014Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	214000	USD
CY2015Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-845000	USD
CY2014Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	9674000	USD
CY2015Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	23000	USD
CY2015Q1	us-gaap	Dividends Common Stock DividendsCommonStock	2049000	USD
CY2015Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.30
CY2015Q1	us-gaap	Dividends Common Stock Stock DividendsCommonStockStock	3000	USD
CY2015Q1	us-gaap	Trustee Fees TrusteeFees	187000	USD
CY2014Q1	us-gaap	Depreciation Depreciation	1520000	USD
CY2014Q1	us-gaap	Adjustment For Amortization AdjustmentForAmortization	154000	USD
CY2015Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	1000	USD
CY2014Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	5000	USD
CY2014Q1	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	-10000	USD
CY2014Q1	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	-64000	USD
CY2014Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	448000	USD
CY2014Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-12000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	3314000	USD
CY2015Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	1057000	USD
CY2014Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	2055000	USD
CY2014Q1	us-gaap	Payments For Construction In Process PaymentsForConstructionInProcess	2679000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4734000	USD
CY2015Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	318000	USD
CY2014Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	2573000	USD
CY2015Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	2049000	USD
CY2014Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	4582000	USD
CY2015Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock		USD
CY2014Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	357000	USD
CY2015Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	300000	USD
CY2014Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	255000	USD
CY2015Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	1001000	USD
CY2014Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	12226000	USD
CY2015Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	5000000	USD
CY2014Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit		USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	16200000	USD
CY2014Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	19700000	USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Other Long Term Debt ProceedsFromIssuanceOfOtherLongTermDebt	15193000	USD
CY2014Q1	us-gaap	Proceeds From Issuance Of Other Long Term Debt ProceedsFromIssuanceOfOtherLongTermDebt	19000000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	18707000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	9859000	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	17287000	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	25088000	USD
CY2014Q1	us-gaap	Interest Paid Net InterestPaidNet	2680000	USD
CY2014Q1	us-gaap	Escrow Deposits Related To Property Sales EscrowDepositsRelatedToPropertySales	9770000	USD
CY2014Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	2043000	USD
CY2014Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	2077000	USD
CY2014Q1	frevsob	Business Acquisitions Pro Forma Income Net Income Loss Attributable To Noncontrolling Interest BusinessAcquisitionsProFormaIncomeNetIncomeLossAttributableToNoncontrollingInterest	193000	USD
CY2014Q1	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	9645000	USD
CY2014Q1	us-gaap	Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic	0.13
CY2014Q1	frevsob	Business Acquisition Pro Forma Income Loss From Discontinued Operations Net Of Tax Per Share Basic BusinessAcquisitionProFormaIncomeLossFromDiscontinuedOperationsNetOfTaxPerShareBasic	1.26
CY2014Q1	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	1.39
CY2014Q1	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	11125000	USD
CY2015Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-2149000	USD
CY2014Q1	us-gaap	Derivative Assets DerivativeAssets	1050000	USD
CY2014Q1	frevsob	Business Acquisitions Pro Forma Expenses BusinessAcquisitionsProFormaExpenses	9987000	USD
CY2014Q1	us-gaap	Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax	1138000	USD
CY2014Q1	frevsob	Business Acquisitions Pro Forma Income Loss From Discontinued Operations BusinessAcquisitionsProFormaIncomeLossFromDiscontinuedOperations	7000	USD
CY2014Q1	frevsob	Business Acquisitions Pro Forma Income Gain Loss From Sale Of Discontinued Operations BusinessAcquisitionsProFormaIncomeGainLossFromSaleOfDiscontinuedOperations	8693000	USD
CY2014Q1	frevsob	Business Acquisitions Pro Forma Profit Loss BusinessAcquisitionsProFormaProfitLoss	9838000	USD
CY2014Q1	frevsob	Business Acquisition Pro Forma Weighted Average Shares Outstanding Basic And Diluted BusinessAcquisitionProFormaWeightedAverageSharesOutstandingBasicAndDiluted	6932000	shares
CY2014	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-465000	USD
CY2014Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	70000	USD
CY2015Q1	us-gaap	Share Based Compensation ShareBasedCompensation	23000	USD
CY2014Q1	us-gaap	Share Based Compensation ShareBasedCompensation		USD
CY2014Q1	us-gaap	Trustee Fees TrusteeFees		USD
CY2015Q1	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	421000000	USD
CY2014Q1	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	45000000	USD
CY2013	us-gaap	Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax	3500000	USD
CY2013Q4	us-gaap	Stock Repurchase Program Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased	24400	shares
CY2013Q4	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	20400	shares
CY2013Q4	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	357000	USD
CY2013Q4	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	17.50
CY2014Q3	us-gaap	Stock Repurchase Program Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased	100572	shares
CY2014Q3	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	1855553	USD
CY2014Q3	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	18.45
CY2015Q1	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	288300000	USD
CY2014Q4	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	256000000	USD
CY2015Q1	us-gaap	Straight Line Rent Adjustments StraightLineRentAdjustments	75000	USD
CY2014Q1	us-gaap	Straight Line Rent Adjustments StraightLineRentAdjustments	46000	USD
CY2015Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	492000	USD
CY2014Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	402000	USD
CY2015Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segments
CY2014	frevsob	Distributed Earnings Percentage DistributedEarningsPercentage	1.00	pure
CY2015	frevsob	Distributed Earnings Percentage DistributedEarningsPercentage	1.00	pure
CY2015Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--10-31
CY2015Q1	dei	Document Period End Date DocumentPeriodEndDate	2015-01-31
CY2015Q1	dei	Entity Registrant Name EntityRegistrantName	FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY
CY2015Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000036840
CY2015Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	6821171	shares
CY2015Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
CY2015Q1	dei	Amendment Flag AmendmentFlag	false
CY2015Q1	dei	Document Type DocumentType	10-Q
CY2015Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2015Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1

Files In Submission

Name	View Source	Status
0001174947-15-000394-index-headers.html	Edgar Link	pending
0001174947-15-000394-index.html	Edgar Link	pending
0001174947-15-000394.txt	Edgar Link	pending
0001174947-15-000394-xbrl.zip	Edgar Link	pending
e10q.htm	Edgar Link	pending
ex31-1.htm	Edgar Link	pending
ex31-2.htm	Edgar Link	pending
ex32-1.htm	Edgar Link	pending
ex32-2.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
frevsob-20150131.xml	Edgar Link	completed
frevsob-20150131.xsd	Edgar Link	pending
frevsob-20150131_cal.xml	Edgar Link	unprocessable
frevsob-20150131_def.xml	Edgar Link	unprocessable
frevsob-20150131_lab.xml	Edgar Link	unprocessable
frevsob-20150131_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R34.htm	Edgar Link	pending
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R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$FREVS
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY Stock $frevs

2015 Q1 Form 10-Q Financial Statement

#000117494715000394 Filed on March 12, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FREVS FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY Stock $frevs

2015 Q1 Form 10-Q Financial Statement

#000117494715000394 Filed on March 12, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FREVS
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY Stock $frevs