2024 Q1 Form 10-K Financial Statement

#000117494724000132 Filed on January 29, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023 Q3
Revenue $6.999M $7.153M $7.296M
YoY Change 0.29% 1.49% 4.84%
Cost Of Revenue $4.981M $3.446M $4.699M
YoY Change 28.11%
Gross Profit $2.018M $3.707M $2.597M
YoY Change -34.71%
Gross Profit Margin 28.83% 51.82% 35.59%
Selling, General & Admin $336.0K $882.0K $343.0K
YoY Change 3.07%
% of Gross Profit 16.65% 23.79% 13.21%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $725.0K $746.0K $744.0K
YoY Change 0.42%
% of Gross Profit 35.93% 20.12% 28.65%
Operating Expenses $6.042M $1.628M $5.786M
YoY Change 22.41% 16.61%
Operating Profit $3.519M $2.079M $3.828M
YoY Change -2.79% 91.69%
Interest Expense $1.842M -$1.568M $2.031M
YoY Change -1.81% 14.49%
% of Operating Profit 52.34% -75.42% 53.06%
Other Income/Expense, Net
YoY Change
Pretax Income $3.519M $511.0K $3.828M
YoY Change -2.79% 6.48%
Income Tax
% Of Pretax Income
Net Earnings -$512.0K $656.0K -$412.0K
YoY Change -222.2% -218.41% -136.75%
Net Earnings / Revenue -7.32% 9.17% -5.65%
Basic Earnings Per Share -$0.07 $0.09 -$0.06
Diluted Earnings Per Share -$0.07 $0.09 -$0.06
COMMON SHARES
Basic Shares Outstanding 7.450M shares 7.449K shares
Diluted Shares Outstanding 7.450K shares 7.449K shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $13.68M $13.22M $38.13M
YoY Change -63.22%
Cash & Equivalents $13.68M $13.22M $38.13M
Short-Term Investments
Other Short-Term Assets $4.907M $4.912M $4.855M
YoY Change 62.59%
Inventory
Prepaid Expenses
Receivables $819.0K $1.249M $1.309M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $19.41M $19.38M $44.30M
YoY Change -53.34%
LONG-TERM ASSETS
Property, Plant & Equipment $93.90M $94.52M $94.95M
YoY Change -2.22%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $17.57M $18.14M $18.18M
YoY Change -6.18% -3.52% -3.96%
Other Assets $305.0K $311.0K $317.0K
YoY Change 30.9%
Total Long-Term Assets $130.3M $139.7M $116.6M
YoY Change 5.98%
TOTAL ASSETS
Total Short-Term Assets $19.41M $19.38M $44.30M
Total Long-Term Assets $130.3M $139.7M $116.6M
Total Assets $149.7M $159.1M $160.8M
YoY Change -9.01% -10.93% -29.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.362M $1.275M $1.523M
YoY Change -4.49%
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 $2.995M $2.909M $5.010M
YoY Change -2.85%
LONG-TERM LIABILITIES
Long-Term Debt $129.2M $137.1M $136.7M
YoY Change -6.25%
Other Long-Term Liabilities $800.0K $668.0K $642.0K
YoY Change 77.38%
Total Long-Term Liabilities $130.0M $137.7M $137.4M
YoY Change -5.98%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.995M $2.909M $5.010M
Total Long-Term Liabilities $130.0M $137.7M $137.4M
Total Liabilities $133.0M $140.6M $142.4M
YoY Change -5.91% -8.62% -1.02%
SHAREHOLDERS EQUITY
Retained Earnings -$9.852M -$8.968M -$9.252M
YoY Change 55.64% 44.46% -115.92%
Common Stock $74.00K $74.00K $74.00K
YoY Change 0.0% 1.37% 4.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $23.10M $24.52M $24.14M
YoY Change
Total Liabilities & Shareholders Equity $149.7M $159.1M $160.8M
YoY Change -9.01% -10.93% -29.08%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$512.0K $656.0K -$412.0K
YoY Change -222.2% -218.41% -136.75%
Depreciation, Depletion And Amortization $725.0K $746.0K $744.0K
YoY Change 0.42%
Cash From Operating Activities $934.0K $798.0K $1.575M
YoY Change -208.35%
INVESTING ACTIVITIES
Capital Expenditures $369.0K $295.0K $644.0K
YoY Change -211.82%
Acquisitions
YoY Change
Other Investing Activities $7.778M -$23.27M $328.0K
YoY Change -103.09%
Cash From Investing Activities $7.409M -$23.56M -$316.0K
YoY Change -2192.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$8.585M -2.266M -2.221M
YoY Change -27.03%
NET CHANGE
Cash From Operating Activities $934.0K 798.0K 1.575M
Cash From Investing Activities $7.409M -23.56M -316.0K
Cash From Financing Activities -$8.585M -2.266M -2.221M
Net Change In Cash -$242.0K -25.03M -962.0K
YoY Change -98.14%
FREE CASH FLOW
Cash From Operating Activities $934.0K $798.0K $1.575M
Capital Expenditures $369.0K $295.0K $644.0K
Free Cash Flow $565.0K $503.0K $931.0K
YoY Change -206.2%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2023 dei Document Type
DocumentType
10-K
CY2023 dei Document Annual Report
DocumentAnnualReport
true
CY2023 dei Document Period End Date
DocumentPeriodEndDate
2023-10-31
CY2023 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--10-31
CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023 dei Document Transition Report
DocumentTransitionReport
false
CY2023 dei Entity File Number
EntityFileNumber
000-25043
CY2023 dei Entity Registrant Name
EntityRegistrantName
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.
CY2023 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
CY2023 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
22-1697095
CY2023 dei Entity Address Address Line1
EntityAddressAddressLine1
505 Main Street
CY2023 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 400
CY2023 dei Entity Address City Or Town
EntityAddressCityOrTown
Hackensack
CY2023 dei Entity Address State Or Province
EntityAddressStateOrProvince
NJ
CY2023 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
07601
CY2023 dei City Area Code
CityAreaCode
(201)
CY2023 dei Local Phone Number
LocalPhoneNumber
488-6400
CY2023 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2023 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2023 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
false
CY2023 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023 dei Entity Small Business
EntitySmallBusiness
true
CY2023 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023 dei Entity Shell Company
EntityShellCompany
false
CY2023 dei Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
true
CY2023 dei Document Fin Stmt Restatement Recovery Analysis Flag
DocumentFinStmtRestatementRecoveryAnalysisFlag
false
CY2023Q2 dei Entity Public Float
EntityPublicFloat
87000000 usd
CY2024Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
7449583 shares
CY2023 dei Auditor Firm
AuditorFirmId
274
CY2023 dei Auditor Name
AuditorName
EisnerAmper LLP
CY2023 dei Auditor Location
AuditorLocation
New York, New York
CY2023Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
93617000 usd
CY2022Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
95875000 usd
CY2023Q4 us-gaap Development In Process
DevelopmentInProcess
898000 usd
CY2022Q4 us-gaap Development In Process
DevelopmentInProcess
688000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13217000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
49578000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
23593000 usd
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
18137000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
18798000 usd
CY2023Q4 us-gaap Deposits Assets
DepositsAssets
962000 usd
CY2022Q4 us-gaap Deposits Assets
DepositsAssets
1038000 usd
CY2023Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
690000 usd
CY2022Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
790000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1090000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
1126000 usd
CY2023Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
559000 usd
CY2022Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
802000 usd
CY2023Q4 frevsob Fund Held In Postclosing Escrow
FundHeldInPostclosingEscrow
883000 usd
CY2022Q4 frevsob Fund Held In Postclosing Escrow
FundHeldInPostclosingEscrow
6251000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
4912000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
3176000 usd
CY2023Q4 frevsob Deferred Charges Net
DeferredChargesNet
311000 usd
CY2022Q4 frevsob Deferred Charges Net
DeferredChargesNet
244000 usd
CY2023Q4 frevsob Interest Rate Swap Contracts
InterestRateSwapContracts
1336000 usd
CY2022Q4 frevsob Interest Rate Swap Contracts
InterestRateSwapContracts
1409000 usd
CY2023Q4 us-gaap Assets
Assets
159115000 usd
CY2022Q4 us-gaap Assets
Assets
178649000 usd
CY2023Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
222000 usd
CY2022Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
222000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
138179000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
139217000 usd
CY2023Q4 us-gaap Deferred Finance Costs Noncurrent Gross
DeferredFinanceCostsNoncurrentGross
1117000 usd
CY2022Q4 us-gaap Deferred Finance Costs Noncurrent Gross
DeferredFinanceCostsNoncurrentGross
1145000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
137062000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
138072000 usd
CY2022Q4 us-gaap Other Deferred Compensation Arrangements Liability Current And Noncurrent
OtherDeferredCompensationArrangementsLiabilityCurrentAndNoncurrent
2317000 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
1275000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
1306000 usd
CY2023Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
372000 usd
CY2022Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
10573000 usd
CY2023Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
1262000 usd
CY2022Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
1285000 usd
CY2023Q4 us-gaap Deferred Revenue
DeferredRevenue
668000 usd
CY2022Q4 us-gaap Deferred Revenue
DeferredRevenue
357000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
140639000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
153910000 usd
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
5000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
20000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
20000000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7449583 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7048344 shares
CY2023Q4 frevsob Common Vested Share Units To Directors
CommonVestedShareUnitsToDirectors
0 shares
CY2022Q4 frevsob Common Vested Share Units To Directors
CommonVestedShareUnitsToDirectors
272882 shares
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
74000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
73000 usd
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
32074000 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
30635000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-8968000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-6208000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1336000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1409000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
24516000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
25909000 usd
CY2023Q4 us-gaap Minority Interest
MinorityInterest
-6040000 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
-1170000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
18476000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
24739000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
159115000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
178649000 usd
CY2023 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
25522000 usd
CY2022 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
28453000 usd
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
44160000 usd
CY2023 frevsob Tenant Reimbursement Revenue
TenantReimbursementRevenue
2357000 usd
CY2022 frevsob Tenant Reimbursement Revenue
TenantReimbursementRevenue
2383000 usd
CY2021 frevsob Tenant Reimbursement Revenue
TenantReimbursementRevenue
5468000 usd
CY2023 frevsob Other Real Estate Revenues
OtherRealEstateRevenues
465000 usd
CY2022 frevsob Other Real Estate Revenues
OtherRealEstateRevenues
435000 usd
CY2021 frevsob Other Real Estate Revenues
OtherRealEstateRevenues
663000 usd
CY2023 us-gaap Revenues
Revenues
28344000 usd
CY2022 us-gaap Revenues
Revenues
31271000 usd
CY2021 us-gaap Revenues
Revenues
50291000 usd
CY2023 frevsob General Operating Expenses
GeneralOperatingExpenses
10764000 usd
CY2022 frevsob General Operating Expenses
GeneralOperatingExpenses
12631000 usd
CY2021 frevsob General Operating Expenses
GeneralOperatingExpenses
17249000 usd
CY2023 frevsob Costs For Owned Property Management
CostsForOwnedPropertyManagement
1342000 usd
CY2022 frevsob Costs For Owned Property Management
CostsForOwnedPropertyManagement
1451000 usd
CY2021 frevsob Costs For Owned Property Management
CostsForOwnedPropertyManagement
2178000 usd
CY2023 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
5891000 usd
CY2022 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
6202000 usd
CY2021 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
8062000 usd
CY2023 us-gaap Depreciation Nonproduction
DepreciationNonproduction
2944000 usd
CY2022 us-gaap Depreciation Nonproduction
DepreciationNonproduction
3995000 usd
CY2021 us-gaap Depreciation Nonproduction
DepreciationNonproduction
9300000 usd
CY2023 us-gaap Operating Expenses
OperatingExpenses
20941000 usd
CY2022 us-gaap Operating Expenses
OperatingExpenses
24279000 usd
CY2021 us-gaap Operating Expenses
OperatingExpenses
36789000 usd
CY2023 us-gaap Investment Income Interest
InvestmentIncomeInterest
1013000 usd
CY2022 us-gaap Investment Income Interest
InvestmentIncomeInterest
358000 usd
CY2021 us-gaap Investment Income Interest
InvestmentIncomeInterest
116000 usd
CY2023 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-1003000 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
68771000 usd
CY2022 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
1415000 usd
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-271000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-228000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-295000 usd
CY2023 us-gaap Interest Expense
InterestExpense
7717000 usd
CY2022 us-gaap Interest Expense
InterestExpense
8064000 usd
CY2021 us-gaap Interest Expense
InterestExpense
12276000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-575000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
69244000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
1047000 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1335000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
23252000 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
120000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
760000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
45992000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
927000 usd
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.1
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.52
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.13
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.1
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.45
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.13
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7441 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7055 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7019 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7447 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7132 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7022 shares
CY2023 us-gaap Profit Loss
ProfitLoss
-575000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
69244000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
1047000 usd
CY2023 frevsob Unrealized Loss Gain On Interest Rate Swap Contracts Before Reclassification
UnrealizedLossGainOnInterestRateSwapContractsBeforeReclassification
547000 usd
CY2022 frevsob Unrealized Loss Gain On Interest Rate Swap Contracts Before Reclassification
UnrealizedLossGainOnInterestRateSwapContractsBeforeReclassification
4306000 usd
CY2021 frevsob Unrealized Loss Gain On Interest Rate Swap Contracts Before Reclassification
UnrealizedLossGainOnInterestRateSwapContractsBeforeReclassification
1360000 usd
CY2022 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-1415000 usd
CY2023 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToNoncontrollingInterest
620000 usd
CY2022 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToNoncontrollingInterest
-826000 usd
CY2021 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToNoncontrollingInterest
-1256000 usd
CY2023 frevsob Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
-73000 usd
CY2022 frevsob Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
3717000 usd
CY2021 frevsob Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
2616000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-648000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
72961000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
3663000 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1335000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
23252000 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
120000 usd
CY2022 frevsob Unrealized Loss Gain On Interest Rate Swap Contracts Attributable To Noncontrolling Interests In Subsidiaries
UnrealizedLossGainOnInterestRateSwapContractsAttributableToNoncontrollingInterestsInSubsidiaries
291000 usd
CY2021 frevsob Unrealized Loss Gain On Interest Rate Swap Contracts Attributable To Noncontrolling Interests In Subsidiaries
UnrealizedLossGainOnInterestRateSwapContractsAttributableToNoncontrollingInterestsInSubsidiaries
647000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-1335000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
23543000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
767000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
687000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
49418000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2896000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
30863000 usd
CY2021 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
42000 usd
CY2021 frevsob Vested Share Units Granted To Directors And Consultant
VestedShareUnitsGrantedToDirectorsAndConsultant
488000 usd
CY2021 frevsob Minority Interest Decrease From Distributions To Noncontrolling Interest Holders1
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders1
-1350000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
1047000 usd
CY2021 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
42000 usd
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.25
CY2021 us-gaap Dividends Common Stock
DividendsCommonStock
1755000 usd
CY2021 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
2616000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
31951000 usd
CY2022 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
1192000 usd
CY2022 frevsob Vested Share Units Granted To Directors And Consultant
VestedShareUnitsGrantedToDirectorsAndConsultant
1861000 usd
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2028000 usd
CY2022 frevsob Minority Interest Decrease From Distributions To Noncontrolling Interest Holders1
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders1
-20091000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
69244000 usd
CY2022 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
1741000 usd
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
9.2
CY2022 us-gaap Dividends Common Stock
DividendsCommonStock
65163000 usd
CY2022 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
3717000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2681000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
24739000 usd
CY2023 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
11000 usd
CY2023 frevsob Vested Share Units Granted To Directors And Consultant
VestedShareUnitsGrantedToDirectorsAndConsultant
26000 usd
CY2023 frevsob Stock Awards Granted To Directors
StockAwardsGrantedToDirectors
140000 usd
CY2023 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1263000 usd
CY2023 frevsob Minority Interest Decrease From Distributions To Noncontrolling Interest Holders1
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders1
-3535000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-575000 usd
CY2023 us-gaap Dividends Common Stock
DividendsCommonStock
3520000 usd
CY2023 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
-73000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
18476000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-575000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
69244000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
1047000 usd
CY2023 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-1003000 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
68771000 usd
CY2023 us-gaap Depreciation
Depreciation
2944000 usd
CY2022 us-gaap Depreciation
Depreciation
3995000 usd
CY2021 us-gaap Depreciation
Depreciation
9300000 usd
CY2023 us-gaap Adjustment For Amortization
AdjustmentForAmortization
612000 usd
CY2022 us-gaap Adjustment For Amortization
AdjustmentForAmortization
1104000 usd
CY2021 us-gaap Adjustment For Amortization
AdjustmentForAmortization
1653000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
11000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
1192000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
42000 usd
CY2023 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
26000 usd
CY2022 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
120000 usd
CY2021 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
446000 usd
CY2023 frevsob Stock Award Granted To Directors
StockAwardGrantedToDirectors
140000 usd
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-271000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-228000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-295000 usd
CY2023 frevsob Deferred Rents Straight Line Rent
DeferredRentsStraightLineRent
100000 usd
CY2022 frevsob Deferred Rents Straight Line Rent
DeferredRentsStraightLineRent
-18000 usd
CY2021 frevsob Deferred Rents Straight Line Rent
DeferredRentsStraightLineRent
230000 usd
CY2022 frevsob Deferred Real Estate Tax Appeal Fees
DeferredRealEstateTaxAppealFees
35000 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
16000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
361000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
361000 usd
CY2023 frevsob Accreted Interest On Investment
AccretedInterestOnInvestment
353000 usd
CY2023 us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
23000 usd
CY2022 us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
754000 usd
CY2021 us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
75000 usd
CY2023 frevsob Prepaid Expenses And Other Assets
PrepaidExpensesAndOtherAssets
-152000 usd
CY2022 frevsob Prepaid Expenses And Other Assets
PrepaidExpensesAndOtherAssets
-2571000 usd
CY2021 frevsob Prepaid Expenses And Other Assets
PrepaidExpensesAndOtherAssets
363000 usd
CY2023 frevsob Accounts Payable And Accrued Expenses
AccountsPayableAndAccruedExpenses
-1954000 usd
CY2022 frevsob Accounts Payable And Accrued Expenses
AccountsPayableAndAccruedExpenses
-1159000 usd
CY2021 frevsob Accounts Payable And Accrued Expenses
AccountsPayableAndAccruedExpenses
-7000 usd
CY2023 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
311000 usd
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-786000 usd
CY2021 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
100000 usd
CY2022 frevsob Due To Affiliate Accrued Interest
DueToAffiliateAccruedInterest
-47000 usd
CY2021 frevsob Due To Affiliate Accrued Interest
DueToAffiliateAccruedInterest
-808000 usd
CY2021 frevsob Deferred Interest On Mortgages
DeferredInterestOnMortgages
-2000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7315000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
12219000 usd
CY2023 frevsob Cash Outlays Proceeds From Sale Of Maryland Properties Net
CashOutlaysProceedsFromSaleOfMarylandPropertiesNet
-1003000 usd
CY2022 frevsob Cash Outlays Proceeds From Sale Of Maryland Properties Net
CashOutlaysProceedsFromSaleOfMarylandPropertiesNet
245763000 usd
CY2023 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
38444000 usd
CY2023 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
15204000 usd
CY2022 us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
5316000 usd
CY2023 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
1290000 usd
CY2022 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
1570000 usd
CY2021 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
1936000 usd
CY2023 us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
170000 usd
CY2022 us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
173000 usd
CY2021 us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
279000 usd
CY2023 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
390000 usd
CY2022 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
357000 usd
CY2021 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
423000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-25313000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
249693000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1792000 usd
CY2023 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
26538000 usd
CY2022 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
194559000 usd
CY2021 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
5962000 usd
CY2023 frevsob Mortgage Payable
MortgagePayable
25500000 usd
CY2022 frevsob Mortgage Payable
MortgagePayable
32500000 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1263000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2028000 usd
CY2023 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
481000 usd
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
691000 usd
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
699000 usd
CY2022 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
300000 usd
CY2022 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
3505000 usd
CY2021 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
1861000 usd
CY2023 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
13721000 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
53535000 usd
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1027000 usd
CY2023 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
3535000 usd
CY2022 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
20091000 usd
CY2021 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1350000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-17512000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-237553000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-10899000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-40144000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
19455000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-472000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
58500000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
39045000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
39517000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
18356000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
58500000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
39045000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
7182000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
7134000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
10965000 usd
CY2021 frevsob Commercial Tenant Security Deposits Applied To Accounts Receivable
CommercialTenantSecurityDepositsAppliedToAccountsReceivable
10000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
210000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
33000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
125000 usd
CY2021 us-gaap Settlement Of Asset Retirement Obligations Through Noncash Payments Amount
SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount
2791000 usd
CY2023Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
372000 usd
CY2022Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
10573000 usd
CY2021Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
686000 usd
CY2022 us-gaap Dividends Paidinkind
DividendsPaidinkind
1741000 usd
CY2021 us-gaap Dividends Paidinkind
DividendsPaidinkind
42000 usd
CY2021 frevsob Vested Share Units Issued To Consultant And Retired Trustee
VestedShareUnitsIssuedToConsultantAndRetiredTrustee
72000 usd
CY2023 frevsob Cash And Cash Equivalents
CashAndCashEquivalents
13217000 usd
CY2022 frevsob Cash And Cash Equivalents
CashAndCashEquivalents
49578000 usd
CY2021 frevsob Cash And Cash Equivalents
CashAndCashEquivalents
35891000 usd
CY2023 frevsob Tenants Security Accounts
TenantsSecurityAccounts
962000 usd
CY2022 frevsob Tenants Security Accounts
TenantsSecurityAccounts
1038000 usd
CY2021 frevsob Tenants Security Accounts
TenantsSecurityAccounts
1340000 usd
CY2023 frevsob Funds Held In Postclosing Escrow
FundsHeldInPostclosingEscrow
-883000 usd
CY2022 frevsob Funds Held In Postclosing Escrow
FundsHeldInPostclosingEscrow
-6251000 usd
CY2023 frevsob Mortgage Escrowsincluded In Prepaid Expenses And Other Assets
MortgageEscrowsincludedInPrepaidExpensesAndOtherAssets
3294000 usd
CY2022 frevsob Mortgage Escrowsincluded In Prepaid Expenses And Other Assets
MortgageEscrowsincludedInPrepaidExpensesAndOtherAssets
1633000 usd
CY2021 frevsob Mortgage Escrowsincluded In Prepaid Expenses And Other Assets
MortgageEscrowsincludedInPrepaidExpensesAndOtherAssets
1814000 usd
CY2023 frevsob Total Cash Cash Equivalents And Restricted Cash
TotalCashCashEquivalentsAndRestrictedCash
18356000 usd
CY2022 frevsob Total Cash Cash Equivalents And Restricted Cash
TotalCashCashEquivalentsAndRestrictedCash
58500000 usd
CY2021 frevsob Total Cash Cash Equivalents And Restricted Cash
TotalCashCashEquivalentsAndRestrictedCash
39045000 usd
CY2023 us-gaap Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
0.90 pure
CY2023Q4 us-gaap Non Investment Assets Less Non Investment Liabilities Percent Of Net Assets
NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets
1 pure
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="text-decoration:underline">Use of estimates:</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p>
CY2023 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
509000 usd
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
971000 usd
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1109000 usd
CY2023 us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="text-decoration:underline">Revenue recognition:</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Income from leases is recognized on a straight-line basis regardless of when payment is due. Lease agreements between FREIT and commercial tenants generally provide for additional rentals and reimbursements for their proportionate share of real estate taxes, insurance, common area maintenance charges and may include percentage of tenants' sales </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">in excess of specified volumes. Percentage rents are generally included in income when reported to FREIT when earned, or ratably over the appropriate period.</p>
CY2023 us-gaap Advertising Expense
AdvertisingExpense
287000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
234000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
421000 usd
CY2021Q4 us-gaap Escrow Deposit
EscrowDeposit
15526731 usd
CY2023 frevsob Released Funds
ReleasedFunds
5186000 usd
CY2023 us-gaap Gain On Sale Of Investments
GainOnSaleOfInvestments
1100000 usd
CY2022 us-gaap Gain On Sale Of Investments
GainOnSaleOfInvestments
1200000 usd
CY2023Q4 us-gaap Accrued Rent Current
AccruedRentCurrent
900000 usd
CY2022Q4 us-gaap Accrued Rent Current
AccruedRentCurrent
6300000 usd
CY2021Q4 us-gaap Loans And Leases Receivable Gain Loss On Sales Net
LoansAndLeasesReceivableGainLossOnSalesNet
48900000 usd
CY2021Q4 frevsob Released From Funds Held In Escrow
ReleasedFromFundsHeldInEscrow
6100000 usd
CY2021Q4 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
1800000 usd
CY2021Q4 frevsob Unamortized Lease Commissions
UnamortizedLeaseCommissions
1100000 usd
CY2022Q4 us-gaap Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
5300000 usd
CY2022Q1 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
11500000 usd
CY2022Q1 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
200000 usd
CY2022Q1 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
21100000 usd
CY2022Q1 us-gaap Loans And Leases Receivable Gain Loss On Sales Net
LoansAndLeasesReceivableGainLossOnSalesNet
8800000 usd
CY2022Q1 frevsob Released From Funds Held In Escrow
ReleasedFromFundsHeldInEscrow
900000 usd
CY2022Q1 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
500000 usd
CY2022Q1 frevsob Unamortized Lease Commissions
UnamortizedLeaseCommissions
300000 usd
CY2022Q1 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
36685067 usd
CY2022Q1 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
18200000 usd
CY2022Q1 frevsob Breakage Fees
BreakageFees
213000 usd
CY2023 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
600000 usd
CY2022 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
11800000 usd
CY2023 us-gaap Loans And Leases Receivable Gain Loss On Sales Net
LoansAndLeasesReceivableGainLossOnSalesNet
10100000 usd
CY2023Q4 frevsob Released From Funds Held In Escrow
ReleasedFromFundsHeldInEscrow
400000 usd
CY2023 us-gaap Significant Purchase Commitment Description
SignificantPurchaseCommitmentDescription
This sale resulted in net proceeds of approximately $58.2 million (inclusive of approximately $4.6 million and $1.9 million in funds released from the Maryland Purchaser Escrow Payment in the years ended October 31, 2023 and 2022, respectively), after payment of related mortgage debt in the amount of $155.8 million and the corresponding swap breakage fees of approximately $213,000 related to the early termination of the interest rate swap contracts on the Damascus Property loan, payment of loans (including interest) to each of the equity owners in Grande Rotunda in the amount of approximately $31 million and certain transactional expenses and transfer taxes including brokerage fees due to Hekemian & Co. of approximately $6.4 million (see Note 8 for additional details). As of October 31, 2023, approximately $6,547,000 of the Maryland Purchaser Escrow Payment has been released from escrow to the Maryland Sellers. The escrow and related gain on sale were reduced by approximately $1 million and $1.2 million for the years ended October 31, 2023 and 2022, respectively, due to a change in estimate related to a change in the timing of anticipated rent commencement dates for certain tenants, which will reduce the escrowed funds available to be released to Grande Rotunda. Approximately $0.9 million and $6.3 million of remaining funds are held in a post-closing escrow for rents and are included in “Funds held in post-closing escrow” on the accompanying consolidated balance sheets as of October 31, 2023 and 2022, respectively. These funds held in post-closing escrow are anticipated to be released in Fiscal 2024. The sale of the Maryland Properties resulted in a net gain of approximately $67.8 million (as adjusted) (with a consolidated impact to FREIT of approximately $45 million) which includes approximately $7.4 million of proceeds released and anticipated to be released from funds held in escrow, a write-off of the straight-line rent receivable of approximately $2.9 million and a write-off of unamortized lease commissions of approximately $1.7 million.
CY2022Q3 frevsob Non Recurring Cash Distribution Per Share
NonRecurringCashDistributionPerShare
7.5
CY2023Q3 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.3
CY2023 frevsob Percentage Of Management Fees Of Rent Collected
PercentageOfManagementFeesOfRentCollected
0.05 pure
CY2023 us-gaap Management Fee Expense
ManagementFeeExpense
418000 usd
CY2022 us-gaap Management Fee Expense
ManagementFeeExpense
402000 usd
CY2021 us-gaap Management Fee Expense
ManagementFeeExpense
375000 usd
CY2023 us-gaap Payments For Commissions
PaymentsForCommissions
51000 usd
CY2022 us-gaap Payments For Commissions
PaymentsForCommissions
40000 usd
CY2021 us-gaap Payments For Commissions
PaymentsForCommissions
51000 usd
CY2023Q4 us-gaap Land
Land
40813000 usd
CY2022Q4 us-gaap Land
Land
40813000 usd
CY2023Q4 us-gaap Land Available For Development
LandAvailableForDevelopment
405000 usd
CY2022Q4 us-gaap Land Available For Development
LandAvailableForDevelopment
405000 usd
CY2023Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
155961000 usd
CY2022Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
155535000 usd
CY2023Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
62344000 usd
CY2022Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
59660000 usd
CY2023Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
93617000 usd
CY2022Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
95875000 usd
CY2023Q4 us-gaap Longterm Debt Percentage Bearing Fixed Interest Amount
LongtermDebtPercentageBearingFixedInterestAmount
138179000 usd
CY2023Q4 us-gaap Deferred Finance Costs Noncurrent Gross
DeferredFinanceCostsNoncurrentGross
1117000 usd
CY2022Q4 us-gaap Longterm Debt Percentage Bearing Fixed Interest Amount
LongtermDebtPercentageBearingFixedInterestAmount
139217000 usd
CY2022Q4 us-gaap Deferred Finance Costs Noncurrent Gross
DeferredFinanceCostsNoncurrentGross
1145000 usd
CY2021Q4 us-gaap Short Term Debt Refinanced Amount
ShortTermDebtRefinancedAmount
14400000 usd
CY2021Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
7500000 usd
CY2021Q4 us-gaap Other Additional Capital
OtherAdditionalCapital
7500000 usd
CY2023Q4 us-gaap Loans Payable
LoansPayable
7500000 usd
CY2023 us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
558000 usd
CY2013Q1 us-gaap Short Term Debt Refinanced Amount
ShortTermDebtRefinancedAmount
8000000 usd
CY2013Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
22750000 usd
CY2023Q1 frevsob Outstanding Balance
OutstandingBalance
16864361 usd
CY2023 frevsob Debt Instrument Future Periodic Payment Including Principal
DebtInstrumentFuturePeriodicPaymentIncludingPrincipal
157347 usd
CY2019Q3 us-gaap Short Term Debt Refinanced Amount
ShortTermDebtRefinancedAmount
17000000 usd
CY2019Q3 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
28815000 usd
CY2019Q3 frevsob Debt Instrument Interest Rate Stated Percentage Previous Loan
DebtInstrumentInterestRateStatedPercentagePreviousLoan
0.0609 pure
CY2019Q3 us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
11600000 usd
CY2019Q3 frevsob Debt Instrument Future Periodic Payment Including Principal
DebtInstrumentFuturePeriodicPaymentIncludingPrincipal
130036 usd
CY2013Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
11200000 usd
CY2023Q4 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
9000000 usd
CY2017Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
12350000 usd
CY2022Q3 us-gaap Short Term Debt Refinanced Amount
ShortTermDebtRefinancedAmount
22100000 usd
CY2022Q3 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Interest
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInterest
136000 usd
CY2022Q3 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
25000000 usd
CY2022Q3 frevsob Debt Instrument Interest Rate Stated Percentage Tranche One
DebtInstrumentInterestRateStatedPercentageTrancheOne
0.05 pure
CY2022Q3 us-gaap Debt Instrument Term
DebtInstrumentTerm
P3Y
CY2022Q3 us-gaap Escrow Deposit
EscrowDeposit
1250000 usd
CY2022Q3 frevsob Annual Debt Service Savings
AnnualDebtServiceSavings
340000 usd
CY2022Q3 us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
1100000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Severance Payments
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsSeverancePayments
1400000 usd
CY2023Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
685000000000 usd
CY2023Q4 us-gaap Escrow Deposit
EscrowDeposit
613000 usd
CY2023 frevsob Debt Instrument Collateral Amounts
DebtInstrumentCollateralAmounts
17172000 usd
CY2012Q4 us-gaap Short Term Debt Refinanced Amount
ShortTermDebtRefinancedAmount
19200000 usd
CY2020Q3 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
25000000 usd
CY2020Q3 us-gaap Other Additional Capital
OtherAdditionalCapital
250000 usd
CY2020Q3 frevsob Percentage Of Libor Rate
PercentageOfLIBORRate
0.0415 pure
CY2020Q3 us-gaap Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
5600000 usd
CY2023Q3 us-gaap Loans Receivable With Variable Rates Of Interest1
LoansReceivableWithVariableRatesOfInterest1
25000000 usd
CY2023Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
25500000000000 usd
CY2023Q3 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.0605 pure
CY2023Q3 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
153706 usd
CY2023Q4 us-gaap Derivative Variable Interest Rate
DerivativeVariableInterestRate
0.0921 pure
CY2023Q4 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.0605 pure
CY2023 us-gaap Savings Deposit Liabilities Average Amount Outstanding
SavingsDepositLiabilitiesAverageAmountOutstanding
535000 usd
CY2023Q4 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
13000000 usd
CY2023 us-gaap Line Of Credit Assumed1
LineOfCreditAssumed1
13000000 usd
CY2022 us-gaap Line Of Credit Assumed1
LineOfCreditAssumed1
13000000 usd
CY2023Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
130800000 usd
CY2022Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
132200000 usd
CY2023Q4 us-gaap Secured Debt
SecuredDebt
137100000 usd
CY2022Q4 us-gaap Secured Debt
SecuredDebt
138100000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
17951000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
56111000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
25649000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
849000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
11113000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
23593000 usd
CY2021Q4 us-gaap Proceeds From Sale Of Loans And Leases Held For Investment
ProceedsFromSaleOfLoansAndLeasesHeldForInvestment
116500000 usd
CY2022Q1 us-gaap Proceeds From Sale Of Loans And Leases Held For Investment
ProceedsFromSaleOfLoansAndLeasesHeldForInvestment
18200000 usd
CY2022Q1 frevsob Amount Of Corresponding Swap Breakage Fees
AmountOfCorrespondingSwapBreakageFees
213000 usd
CY2023 frevsob Fair Value Maturity Date
FairValueMaturityDate
October 2026
CY2022Q2 us-gaap Business Acquisition Preacquisition Contingency Amount Of Settlement
BusinessAcquisitionPreacquisitionContingencyAmountOfSettlement
1400000 usd
CY2023Q4 us-gaap Debt Securities Unrealized Gain Loss
DebtSecuritiesUnrealizedGainLoss
73000 usd
CY2023Q4 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
3717000 usd
CY2022Q4 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
2616000 usd
CY2023Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
35500000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
4864000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
3955000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
3139000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
2015000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
1024000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
3197000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
18194000 usd
CY2023 frevsob Fees Charged To Operation
FeesChargedToOperation
1342000 usd
CY2022 frevsob Fees Charged To Operation
FeesChargedToOperation
1429000 usd
CY2021 frevsob Fees Charged To Operation
FeesChargedToOperation
2127000 usd
CY2023 frevsob Leasing Commissions And Reimbursement Of Operating Expenses
LeasingCommissionsAndReimbursementOfOperatingExpenses
825000 usd
CY2022 frevsob Leasing Commissions And Reimbursement Of Operating Expenses
LeasingCommissionsAndReimbursementOfOperatingExpenses
701000 usd
CY2021 frevsob Leasing Commissions And Reimbursement Of Operating Expenses
LeasingCommissionsAndReimbursementOfOperatingExpenses
548000 usd
CY2023 frevsob Insurance Commissions Paid
InsuranceCommissionsPaid
166000 usd
CY2022 frevsob Insurance Commissions Paid
InsuranceCommissionsPaid
164000 usd
CY2021 frevsob Insurance Commissions Paid
InsuranceCommissionsPaid
209000 usd
CY2023 frevsob Equity Contributions Percentage
EquityContributionsPercentage
0.50 pure
CY2023Q4 us-gaap Derivative Remaining Maturity1
DerivativeRemainingMaturity1
P10Y
CY2023 us-gaap Loans And Leases Receivable Commitments Variable Rates
LoansAndLeasesReceivableCommitmentsVariableRates
2000000 usd
CY2022 us-gaap Loans And Leases Receivable Commitments Variable Rates
LoansAndLeasesReceivableCommitmentsVariableRates
4000000 usd
CY2022Q4 frevsob Secured Loans Receivable
SecuredLoansReceivable
5300000 usd
CY2023 us-gaap Exchange Fees
ExchangeFees
307000 usd
CY2022 us-gaap Exchange Fees
ExchangeFees
6388000 usd
CY2021 us-gaap Exchange Fees
ExchangeFees
236500 usd
CY2023 us-gaap Financing Receivable Troubled Debt Restructuring Increase Decrease From Modification
FinancingReceivableTroubledDebtRestructuringIncreaseDecreaseFromModification
21000 usd
CY2022 frevsob Percentage Of Capital Gain From Sale Of Property Distributed As Dividends
PercentageOfCapitalGainFromSaleOfPropertyDistributedAsDividends
1 pure
CY2021 frevsob Percentage Of Ordinary Taxable Income
PercentageOfOrdinaryTaxableIncome
0.924 pure
CY2007Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
300000 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
300000 shares
CY2023Q1 us-gaap Cash
Cash
20000 usd
CY2023Q1 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
15.5
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Number Of Shares Per Employee
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfSharesPerEmployee
1290 shares
CY2023Q1 us-gaap Shares Issued
SharesIssued
1290 shares
CY2022Q3 us-gaap Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
7.5
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
310740 shares
CY2022 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
1174000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1192000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
42000 usd
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
2000000 usd
CY2014Q3 frevsob Average Period
AveragePeriod
P10Y
CY2014Q3 frevsob Annual Installments Over A Period
AnnualInstallmentsOverAPeriod
P10Y
CY2023 us-gaap Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
274509 shares
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
274509 shares
CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
6000 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
77000 shares
CY2022 us-gaap Earnings Per Share Diluted Undistributed
EarningsPerShareDilutedUndistributed
0.07
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
268000 shares
CY2023 frevsob Liquidation Amount
LiquidationAmount
15000000 usd
CY2023Q4 us-gaap Replacement Reserve Escrow
ReplacementReserveEscrow
15000000 usd
CY2022Q1 us-gaap Escrow Deposits Related To Property Sales
EscrowDepositsRelatedToPropertySales
15000000 usd
CY2022Q4 us-gaap Order Flow Fees
OrderFlowFees
3420422.88 usd
CY2022Q4 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
15000000 usd
CY2022Q4 us-gaap Order Flow Fees
OrderFlowFees
3420422.88 usd
CY2023Q3 us-gaap Common Stock Held In Trust
CommonStockHeldInTrust
3420000 usd
CY2023Q4 us-gaap Other Additional Capital
OtherAdditionalCapital
3420000 usd
CY2023 us-gaap Interest Expense Federal Funds Purchased
InterestExpenseFederalFundsPurchased
3420000 usd
CY2023 us-gaap Custody Fees
CustodyFees
3420000 usd
CY2023 us-gaap Legal Fees
LegalFees
966000 usd
CY2022 us-gaap Legal Fees
LegalFees
1170000 usd
CY2021 us-gaap Legal Fees
LegalFees
2282000 usd
CY2022 frevsob Rental Revenue Deemed Uncollectible
RentalRevenueDeemedUncollectible
600000 usd
CY2021 frevsob Rental Revenue Deemed Uncollectible
RentalRevenueDeemedUncollectible
1300000 usd
CY2022 frevsob Commercial Tenants Deferrals Of Rent
CommercialTenantsDeferralsOfRent
0 usd
CY2021 frevsob Commercial Tenants Deferrals Of Rent
CommercialTenantsDeferralsOfRent
132000 usd
CY2022 frevsob Rent Abatements
RentAbatements
9000 usd
CY2021 frevsob Rent Abatements
RentAbatements
239000 usd
CY2023 frevsob Deferred Payments
DeferredPayments
1013000 usd
CY2023 us-gaap Repayments Of Debt
RepaymentsOfDebt
623000 usd
CY2022 us-gaap Repayments Of Debt
RepaymentsOfDebt
623000 usd
CY2023 us-gaap Deferred Compensation Arrangement With Individual Exercise Price
DeferredCompensationArrangementWithIndividualExercisePrice
95
CY2023Q2 us-gaap Area Of Land
AreaOfLand
84254 sqft
CY2023Q4 us-gaap Amortization Expense Per Physical Unit Of Production
AmortizationExpensePerPhysicalUnitOfProduction
4
CY2023 us-gaap Payments For Rent
PaymentsForRent
336720 usd
CY2023 frevsob Lease Years
LeaseYears
P14Y
CY2023Q1 us-gaap Revenues
Revenues
6979000 usd
CY2023Q2 us-gaap Revenues
Revenues
6916000 usd
CY2023Q3 us-gaap Revenues
Revenues
7296000 usd
CY2023Q4 us-gaap Revenues
Revenues
7153000 usd
CY2023 us-gaap Revenues
Revenues
28344000 usd
CY2023Q1 frevsob Expenses Operating And Nonoperating
ExpensesOperatingAndNonoperating
6933000 usd
CY2023Q2 frevsob Expenses Operating And Nonoperating
ExpensesOperatingAndNonoperating
7202000 usd
CY2023Q3 frevsob Expenses Operating And Nonoperating
ExpensesOperatingAndNonoperating
8142000 usd
CY2023Q4 frevsob Expenses Operating And Nonoperating
ExpensesOperatingAndNonoperating
6642000 usd
CY2023 frevsob Expenses Operating And Nonoperating
ExpensesOperatingAndNonoperating
28919000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
46000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
-286000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
-846000 usd
CY2023Q4 us-gaap Profit Loss
ProfitLoss
511000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
-575000 usd
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-373000 usd
CY2023Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-383000 usd
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-434000 usd
CY2023Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-145000 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1335000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
419000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
97000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-412000 usd
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
656000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
760000 usd
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.06
CY2023Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.1
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.05
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.05
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3
CY2023Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.05
CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.45
CY2022Q1 us-gaap Revenues
Revenues
10649000 usd
CY2022Q2 us-gaap Revenues
Revenues
6615000 usd
CY2022Q3 us-gaap Revenues
Revenues
6959000 usd
CY2022Q4 us-gaap Revenues
Revenues
7048000 usd
CY2022 us-gaap Revenues
Revenues
31271000 usd
CY2022Q1 frevsob Expenses Operating And Nonoperating
ExpensesOperatingAndNonoperating
-58504000 usd
CY2022Q2 frevsob Expenses Operating And Nonoperating
ExpensesOperatingAndNonoperating
7616000 usd
CY2022Q3 frevsob Expenses Operating And Nonoperating
ExpensesOperatingAndNonoperating
5145000 usd
CY2022Q4 frevsob Expenses Operating And Nonoperating
ExpensesOperatingAndNonoperating
7770000 usd
CY2022 frevsob Expenses Operating And Nonoperating
ExpensesOperatingAndNonoperating
-37973000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
69153000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
-1001000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
1814000 usd
CY2022Q4 us-gaap Profit Loss
ProfitLoss
-722000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
69244000 usd
CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
23376000 usd
CY2022Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-649000 usd
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
693000 usd
CY2022Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-168000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
23252000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
45777000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-352000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
1121000 usd
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
-554000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
45992000 usd
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.51
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.16
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.52
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.45
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.45
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.1
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.1
CY2022Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
9
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
9.2
CY2023 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
70000000 usd
CY2023 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
46300000 usd
CY2022 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
1200000 usd
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
700000 usd
CY2022Q3 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
1200000 usd
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
CY2023Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
138179000 usd
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
62344000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
usd
CY2023Q4 us-gaap Other Deferred Compensation Arrangements Liability Current And Noncurrent
OtherDeferredCompensationArrangementsLiabilityCurrentAndNoncurrent
usd
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2023 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
usd
CY2021 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
usd
CY2023 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
usd
CY2023 frevsob Unrealized Loss Gain On Interest Rate Swap Contracts Attributable To Noncontrolling Interests In Subsidiaries
UnrealizedLossGainOnInterestRateSwapContractsAttributableToNoncontrollingInterestsInSubsidiaries
usd
CY2021 frevsob Vested Share Units Issued To Consultant And Retired Directors
VestedShareUnitsIssuedToConsultantAndRetiredDirectors
usd
CY2021 frevsob Reincorporation Of Freit With And Into Freit Maryland
ReincorporationOfFreitWithAndIntoFreitMaryland
usd
CY2022 frevsob Stock Award Granted To Directors
StockAwardGrantedToDirectors
usd
CY2021 frevsob Stock Award Granted To Directors
StockAwardGrantedToDirectors
usd
CY2023 frevsob Deferred Real Estate Tax Appeal Fees
DeferredRealEstateTaxAppealFees
usd
CY2021 frevsob Deferred Real Estate Tax Appeal Fees
DeferredRealEstateTaxAppealFees
usd
CY2022 frevsob Accreted Interest On Investment
AccretedInterestOnInvestment
usd
CY2021 frevsob Accreted Interest On Investment
AccretedInterestOnInvestment
usd
CY2023 frevsob Due To Affiliate Accrued Interest
DueToAffiliateAccruedInterest
usd
CY2023 frevsob Deferred Interest On Mortgages
DeferredInterestOnMortgages
usd
CY2022 frevsob Deferred Interest On Mortgages
DeferredInterestOnMortgages
usd
CY2021 frevsob Cash Outlays Proceeds From Sale Of Maryland Properties Net
CashOutlaysProceedsFromSaleOfMarylandPropertiesNet
usd
CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
usd
CY2021 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
usd
CY2022 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
usd
CY2021 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
usd
CY2023 us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
usd
CY2021 us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
usd
CY2021 frevsob Mortgage Payable
MortgagePayable
usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
usd
CY2023 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
usd
CY2021 us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
usd
CY2023 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
usd
CY2023 frevsob Commercial Tenant Security Deposits Applied To Accounts Receivable
CommercialTenantSecurityDepositsAppliedToAccountsReceivable
usd
CY2022 frevsob Commercial Tenant Security Deposits Applied To Accounts Receivable
CommercialTenantSecurityDepositsAppliedToAccountsReceivable
usd
CY2023 us-gaap Settlement Of Asset Retirement Obligations Through Noncash Payments Amount
SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount
usd
CY2022 us-gaap Settlement Of Asset Retirement Obligations Through Noncash Payments Amount
SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount
usd
CY2023 us-gaap Dividends Paidinkind
DividendsPaidinkind
usd
CY2023 frevsob Vested Share Units Issued To Consultant And Retired Trustee
VestedShareUnitsIssuedToConsultantAndRetiredTrustee
usd
CY2022 frevsob Vested Share Units Issued To Consultant And Retired Trustee
VestedShareUnitsIssuedToConsultantAndRetiredTrustee
usd
CY2021 frevsob Funds Held In Postclosing Escrow
FundsHeldInPostclosingEscrow
usd
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
CY2023 dei Amendment Flag
AmendmentFlag
false
CY2023 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2023 dei Entity Central Index Key
EntityCentralIndexKey
0000036840

Files In Submission

Name View Source Status
0001174947-24-000132-index-headers.html Edgar Link pending
0001174947-24-000132-index.html Edgar Link pending
0001174947-24-000132.txt Edgar Link pending
0001174947-24-000132-xbrl.zip Edgar Link pending
ex21.htm Edgar Link pending
ex23-1.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
Financial_Report.xlsx Edgar Link pending
frevsob-20231031.htm Edgar Link pending
frevsob-20231031.xsd Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
frevsob-20231031_htm.xml Edgar Link completed
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.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
frevsob-20231031_cal.xml Edgar Link unprocessable
frevsob-20231031_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
frevsob-20231031_def.xml Edgar Link unprocessable
frevsob-20231031_lab.xml Edgar Link unprocessable