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

$frevs Overview Financials Valuation SEC Filings Company Website

2016 Q1 Form 10-Q Financial Statement

#000117494716002203 Filed on March 11, 2016

Income Statement

Concept	2016 Q1	2015 Q4	2015 Q1
Revenue	$11.42M	$11.11M	$11.28M
YoY Change	1.28%	2.97%	6.7%
Cost Of Revenue	$5.490M	$6.020M	$5.090M
YoY Change	7.86%	18.97%	12.36%
Gross Profit	$5.940M	$5.080M	$6.190M
YoY Change	-4.04%	-11.34%	2.48%
Gross Profit Margin	52.0%	45.72%	54.88%
Selling, General & Admin	$480.0K	$510.0K	$490.0K
YoY Change	-2.04%	-1.92%	4.26%
% of Gross Profit	8.08%	10.04%	7.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.720M	$2.020M	$1.647M
YoY Change	4.43%	3.06%	8.36%
% of Gross Profit	28.96%	39.76%	26.61%
Operating Expenses	$7.691M	$2.410M	$7.225M
YoY Change	6.45%	9.05%	10.81%
Operating Profit	$3.733M	$2.670M	$4.055M
YoY Change	-7.94%	-24.15%	0.07%
Interest Expense	$2.729M	-$2.590M	$2.782M
YoY Change	-1.91%	-8.16%	-6.52%
% of Operating Profit	73.1%	-97.0%	68.61%
Other Income/Expense, Net
YoY Change
Pretax Income	$5.947M	$80.00K	$6.270M
YoY Change	-5.15%	-88.57%	459.82%
Income Tax			$0.00
% Of Pretax Income			0.0%
Net Earnings	$1.002M	$83.00K	$1.048M
YoY Change	-4.39%	-87.11%	-89.11%
Net Earnings / Revenue	8.77%	0.75%	9.29%
Basic Earnings Per Share
Diluted Earnings Per Share	$147.7K	$11.83K	$154.0K
COMMON SHARES
Basic Shares Outstanding	6.727M shares		6.821M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2016 Q1	2015 Q4	2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$13.10M	$13.50M	$20.40M
YoY Change	-35.78%	27.36%	-18.73%
Cash & Equivalents	$13.15M	$13.50M	$20.41M
Short-Term Investments
Other Short-Term Assets	$4.000M	$4.600M	$3.900M
YoY Change	2.56%	12.2%	25.81%
Inventory
Prepaid Expenses
Receivables	$4.200M	$4.700M	$5.700M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$21.30M	$22.80M	$30.00M
YoY Change	-29.0%	12.87%	-14.53%
LONG-TERM ASSETS
Property, Plant & Equipment	$326.3M	$320.8M	$287.3M
YoY Change	13.57%	17.72%	31.25%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$1.300M	$1.300M	$5.200M
YoY Change	-75.0%	-7.14%	-66.01%
Total Long-Term Assets	$334.9M	$329.3M	$299.5M
YoY Change	11.81%	17.05%	24.84%
TOTAL ASSETS
Total Short-Term Assets	$21.30M	$22.80M	$30.00M
Total Long-Term Assets	$334.9M	$329.3M	$299.5M
Total Assets	$356.2M	$352.1M	$329.5M
YoY Change	8.09%	16.77%	19.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$7.400M	$10.30M	$9.400M
YoY Change	-21.28%	8.42%	88.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$21.10M	$24.00M	$22.90M
YoY Change	-7.86%	4.8%	32.37%
LONG-TERM LIABILITIES
Long-Term Debt	$312.8M	$304.8M	$277.2M
YoY Change	12.84%	23.0%	22.71%
Other Long-Term Liabilities	$2.700M	$2.100M	$2.600M
YoY Change	3.85%	110.0%	225.0%
Total Long-Term Liabilities	$315.5M	$306.9M	$279.8M
YoY Change	12.76%	23.35%	23.42%
TOTAL LIABILITIES
Total Short-Term Liabilities	$21.10M	$24.00M	$22.90M
Total Long-Term Liabilities	$315.5M	$306.9M	$279.8M
Total Liabilities	$336.6M	$330.9M	$302.6M
YoY Change	11.21%	21.78%	19.66%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$26.07M	$25.86M	$25.20M
YoY Change	3.46%	3.5%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$5.517M	$5.517M	$3.348M
YoY Change	64.78%	64.78%
Treasury Stock Shares	266.3K shares	266.3K shares	172.0K shares
Shareholders Equity	$6.121M	$7.544M	$13.04M
YoY Change
Total Liabilities & Shareholders Equity	$356.2M	$352.1M	$329.5M
YoY Change	8.09%	16.77%	19.81%

Cashflow Statement

Concept	2016 Q1	2015 Q4	2015 Q1
OPERATING ACTIVITIES
Net Income	$1.002M	$83.00K	$1.048M
YoY Change	-4.39%	-87.11%	-89.11%
Depreciation, Depletion And Amortization	$1.720M	$2.020M	$1.647M
YoY Change	4.43%	3.06%	8.36%
Cash From Operating Activities	$3.760M	$4.380M	$4.640M
YoY Change	-18.97%	-1.79%	40.01%
INVESTING ACTIVITIES
Capital Expenditures	-$9.140M	-$11.93M	-$17.51M
YoY Change	-47.8%	0.51%	270.19%
Acquisitions
YoY Change
Other Investing Activities		$0.00
YoY Change
Cash From Investing Activities	-$9.140M	-$11.93M	-$17.51M
YoY Change	-47.79%	0.51%	269.79%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			$0.00
YoY Change			-100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	5.030M	6.420M	$22.73M
YoY Change	-77.87%	76.37%	21.48%
NET CHANGE
Cash From Operating Activities	3.760M	4.380M	$4.640M
Cash From Investing Activities	-9.140M	-11.93M	-$17.51M
Cash From Financing Activities	5.030M	6.420M	$22.73M
Net Change In Cash	-350.0K	-1.130M	$9.859M
YoY Change	-103.55%	-70.03%	-42.97%
FREE CASH FLOW
Cash From Operating Activities	$3.760M	$4.380M	$4.640M
Capital Expenditures	-$9.140M	-$11.93M	-$17.51M
Free Cash Flow	$12.90M	$16.31M	$22.15M
YoY Change	-41.76%	-0.12%	175.36%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2016Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2015Q4	us-gaap	Deferred Finance Costs Noncurrent Gross DeferredFinanceCostsNoncurrentGross	3129000	USD
CY2015Q4	us-gaap	Long Term Debt LongTermDebt	304770000	USD
CY2016Q1	us-gaap	Deferred Finance Costs Noncurrent Gross DeferredFinanceCostsNoncurrentGross	2894000	USD
CY2016Q1	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	2581000	USD
CY2016Q1	us-gaap	Liabilities Liabilities	336554000	USD
CY2016Q1	us-gaap	Deposits Assets DepositsAssets	1713000	USD
CY2016Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	1647000	USD
CY2016Q1	us-gaap	Loans Receivable Commercial Real Estate LoansReceivableCommercialRealEstate	5451000	USD
CY2016Q1	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	3996000	USD
CY2015Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	2604000	USD
CY2015Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	2105000	USD
CY2015Q4	us-gaap	Deposits Assets DepositsAssets	1728000	USD
CY2015Q4	us-gaap	Loans Receivable Commercial Real Estate LoansReceivableCommercialRealEstate	5451000	USD
CY2015Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	4555000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	13500000	USD
CY2015Q4	us-gaap	Development In Process DevelopmentInProcess	101415000	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	13148000	USD
CY2016Q1	us-gaap	Assets Assets	356159000	USD
CY2015Q4	us-gaap	Assets Assets	352115000	USD
CY2016Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	315673000	USD
CY2015Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	307899000	USD
CY2016Q1	us-gaap	Other Deferred Compensation Arrangements Liability Current And Noncurrent OtherDeferredCompensationArrangementsLiabilityCurrentAndNoncurrent	9078000	USD
CY2015Q4	us-gaap	Other Deferred Compensation Arrangements Liability Current And Noncurrent OtherDeferredCompensationArrangementsLiabilityCurrentAndNoncurrent	9078000	USD
CY2016Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	7365000	USD
CY2015Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	10305000	USD
CY2016Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	2018000	USD
CY2015Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	2018000	USD
CY2016Q1	us-gaap	Security Deposit Liability SecurityDepositLiability	2600000	USD
CY2015Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	2561000	USD
CY2016Q1	us-gaap	Deferred Revenue DeferredRevenue	950000	USD
CY2015Q4	us-gaap	Deferred Revenue DeferredRevenue	1080000	USD
CY2016Q1	us-gaap	Derivative Liabilities DerivativeLiabilities	1764000	USD
CY2015Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	1066000	USD
CY2015Q4	us-gaap	Liabilities Liabilities	330878000	USD
CY2016Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	8000000	shares
CY2016Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	6993152	shares
CY2016Q1	us-gaap	Common Stock Value CommonStockValue	26066000	USD
CY2015Q4	us-gaap	Common Stock Value CommonStockValue	25860000	USD
CY2016Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	266283	shares
CY2016Q1	us-gaap	Treasury Stock Value TreasuryStockValue	5517000	USD
CY2015Q4	us-gaap	Treasury Stock Value TreasuryStockValue	5517000	USD
CY2016Q1	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	12800000	USD
CY2015Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	11769000	USD
CY2016Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1628000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1030000	USD
CY2016Q1	us-gaap	Stockholders Equity StockholdersEquity	6121000	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	7544000	USD
CY2016Q1	us-gaap	Minority Interest MinorityInterest	13484000	USD
CY2015Q4	us-gaap	Minority Interest MinorityInterest	13693000	USD
CY2016Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	19605000	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	21237000	USD
CY2016Q1	us-gaap	Long Term Debt LongTermDebt	312779000	USD
CY2016Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	6766	shares
CY2016Q1	frevsob	Deferred Charges Net DeferredChargesNet	1296000	USD
CY2015Q4	frevsob	Deferred Charges Net DeferredChargesNet	1327000	USD
CY2016Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	356159000	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	352115000	USD
CY2016Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	218381000	USD
CY2015Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	219430000	USD
CY2016Q1	us-gaap	Development In Process DevelopmentInProcess	107946000	USD
CY2016Q1	us-gaap	Common Stock No Par Value CommonStockNoParValue
CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	8000000	shares
CY2015Q4	us-gaap	Common Stock No Par Value CommonStockNoParValue
CY2015Q1	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	262000	USD
CY2016Q1	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	11424000	USD
CY2015Q1	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	11280000	USD
CY2016Q1	frevsob	General Operating Expenses GeneralOperatingExpenses	3522000	USD
CY2015Q1	frevsob	General Operating Expenses GeneralOperatingExpenses	3139000	USD
CY2016Q1	us-gaap	Owned Property Management Costs OwnedPropertyManagementCosts	484000	USD
CY2015Q1	us-gaap	Owned Property Management Costs OwnedPropertyManagementCosts	486000	USD
CY2016Q1	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	1965000	USD
CY2015Q1	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	1953000	USD
CY2016Q1	us-gaap	Depreciation Nonproduction DepreciationNonproduction	1720000	USD
CY2015Q1	us-gaap	Depreciation Nonproduction DepreciationNonproduction	1647000	USD
CY2016Q1	us-gaap	Operating Expenses OperatingExpenses	7691000	USD
CY2015Q1	us-gaap	Operating Expenses OperatingExpenses	7225000	USD
CY2016Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	3733000	USD
CY2015Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	4055000	USD
CY2016Q1	us-gaap	Investment Income Net InvestmentIncomeNet	39000	USD
CY2015Q1	us-gaap	Investment Income Net InvestmentIncomeNet	40000	USD
CY2016Q1	us-gaap	Interest Expense InterestExpense	2729000	USD
CY2015Q1	us-gaap	Interest Expense InterestExpense	2782000	USD
CY2016Q1	us-gaap	Profit Loss ProfitLoss	1043000	USD
CY2015Q1	us-gaap	Profit Loss ProfitLoss	1313000	USD
CY2016Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	41000	USD
CY2015Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	265000	USD
CY2016Q1	us-gaap	Net Income Loss NetIncomeLoss	1002000	USD
CY2015Q1	us-gaap	Net Income Loss NetIncomeLoss	1048000	USD
CY2016Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.15
CY2015Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.15
CY2016Q1	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	9830000	USD
CY2015Q1	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	9681000	USD
CY2016Q1	us-gaap	Tenant Reimbursements TenantReimbursements	1522000	USD
CY2015Q1	us-gaap	Tenant Reimbursements TenantReimbursements	1337000	USD
CY2016Q1	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	72000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-859000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-2259000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-161000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-110000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-698000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-2149000	USD
CY2016Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	345000	USD
CY2015Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-836000	USD
CY2016Q1	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToNoncontrollingInterest	-100000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToNoncontrollingInterest	-256000	USD
CY2016Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-59000	USD
CY2015Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	9000	USD
CY2016Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	404000	USD
CY2015Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-845000	USD
CY2016Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	24000	USD
CY2016Q1	us-gaap	Trustee Fees TrusteeFees	182000	USD
CY2016Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	150000	USD
CY2016Q1	us-gaap	Dividends Common Stock Stock DividendsCommonStockStock	15000	USD
CY2016Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.30
CY2016Q1	us-gaap	Dividends Common Stock DividendsCommonStock	2033000	USD
CY2016Q1	us-gaap	Depreciation Depreciation	1720000	USD
CY2015Q1	us-gaap	Depreciation Depreciation	1647000	USD
CY2016Q1	us-gaap	Adjustment For Amortization AdjustmentForAmortization	171000	USD
CY2015Q1	us-gaap	Adjustment For Amortization AdjustmentForAmortization	159000	USD
CY2016Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases		USD
CY2015Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	1000	USD
CY2016Q1	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	-54000	USD
CY2015Q1	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	-93000	USD
CY2016Q1	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	-879000	USD
CY2015Q1	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	248000	USD
CY2016Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-279000	USD
CY2015Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	1343000	USD
CY2016Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-130000	USD
CY2015Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-62000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	3764000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	4640000	USD
CY2016Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	604000	USD
CY2015Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	1057000	USD
CY2016Q1	us-gaap	Payments For Construction In Process PaymentsForConstructionInProcess	8538000	USD
CY2015Q1	us-gaap	Payments For Construction In Process PaymentsForConstructionInProcess	16449000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-9142000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-17506000	USD
CY2016Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	1032000	USD
CY2015Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	1001000	USD
CY2016Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit		USD
CY2015Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	5000000	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt		USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	16200000	USD
CY2016Q1	us-gaap	Proceeds From Issuance Of Other Long Term Debt ProceedsFromIssuanceOfOtherLongTermDebt	8231000	USD
CY2015Q1	us-gaap	Proceeds From Issuance Of Other Long Term Debt ProceedsFromIssuanceOfOtherLongTermDebt	15193000	USD
CY2016Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	5000	USD
CY2015Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	318000	USD
CY2016Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	2018000	USD
CY2015Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	2049000	USD
CY2016Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	150000	USD
CY2015Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	300000	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	5026000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	22725000	USD
CY2016Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-352000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	9859000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	10554000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	20413000	USD
CY2016Q1	us-gaap	Interest Paid Net InterestPaidNet	2745000	USD
CY2015Q1	us-gaap	Interest Paid Net InterestPaidNet	2571000	USD
CY2016Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	2273000	USD
CY2015Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	5226000	USD
CY2015Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	2046000	USD
CY2016Q1	us-gaap	Share Based Compensation ShareBasedCompensation	24000	USD
CY2015Q1	us-gaap	Share Based Compensation ShareBasedCompensation	23000	USD
CY2016Q1	us-gaap	Issuance Of Stock And Warrants For Services Or Claims IssuanceOfStockAndWarrantsForServicesOrClaims	167000	USD
CY2015Q1	us-gaap	Issuance Of Stock And Warrants For Services Or Claims IssuanceOfStockAndWarrantsForServicesOrClaims	187000	USD
CY2016Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-698000	USD
CY2015	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-1581000	USD
CY2015Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	2149000	USD
CY2016Q1	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	811000000	USD
CY2015Q1	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	421000000	USD
CY2016Q1	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	323000000	USD
CY2015Q4	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	313500000	USD
CY2016Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segments
CY2016Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	5947000	USD
CY2015Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	6270000	USD
CY2016Q1	us-gaap	Straight Line Rent Adjustments StraightLineRentAdjustments	23000	USD
CY2015Q1	us-gaap	Straight Line Rent Adjustments StraightLineRentAdjustments	75000	USD
CY2016Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	471000	USD
CY2015Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	492000	USD
CY2015	frevsob	Distributed Earnings Percentage DistributedEarningsPercentage	1.00	pure
CY2015Q1	us-gaap	Stock Repurchase Program Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased	100000	shares
CY2015Q1	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	94302	shares
CY2015Q1	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	23.00
CY2015Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	2168946	USD
CY2016Q1	dei	Entity Registrant Name EntityRegistrantName	FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY
CY2016Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000036840
CY2016Q1	dei	Document Type DocumentType	10-Q
CY2016Q1	dei	Document Period End Date DocumentPeriodEndDate	2016-01-31
CY2016Q1	dei	Amendment Flag AmendmentFlag	false
CY2016Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--10-31
CY2016Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	6726869	shares
CY2016Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
CY2016Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2015Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	6821	shares
CY2016Q1	frevsob	Deferred Rents Straight Line Rent DeferredRentsStraightLineRent	23000	USD
CY2015Q1	frevsob	Deferred Rents Straight Line Rent DeferredRentsStraightLineRent	75000	USD
CY2016Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	92000	USD
CY2015Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	109000	USD
CY2016Q1	us-gaap	Dividends Paidinkind DividendsPaidinkind	15000	USD
CY2015Q1	us-gaap	Dividends Paidinkind DividendsPaidinkind	3000	USD
CY2015Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	266283	shares
CY2016Q1	frevsob	Vested Share Units Issued VestedShareUnitsIssued	49684	shares
CY2015Q4	frevsob	Vested Share Units Issued VestedShareUnitsIssued	39350	shares

Files In Submission

Name	View Source	Status
0001174947-16-002203-index-headers.html	Edgar Link	pending
0001174947-16-002203-index.html	Edgar Link	pending
0001174947-16-002203.txt	Edgar Link	pending
0001174947-16-002203-xbrl.zip	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.xlsx	Edgar Link	pending
form10q-15378_freit.htm	Edgar Link	pending
frevsob-20160131.xml	Edgar Link	completed
frevsob-20160131.xsd	Edgar Link	pending
frevsob-20160131_cal.xml	Edgar Link	unprocessable
frevsob-20160131_def.xml	Edgar Link	unprocessable
frevsob-20160131_lab.xml	Edgar Link	unprocessable
frevsob-20160131_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R28.htm	Edgar Link	pending
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R3.htm	Edgar Link	pending
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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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FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY Stock $frevs

2016 Q1 Form 10-Q Financial Statement

#000117494716002203 Filed on March 11, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

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

2016 Q1 Form 10-Q Financial Statement

#000117494716002203 Filed on March 11, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

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