$FREVS
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY
Stock
$frevs
2024 Q1 Form 10-Q Financial Statement
#000117494724000354 Filed on March 15, 2024
Income Statement
Concept | 2024 Q1 |
---|---|
Revenue | $6.999M |
YoY Change | 0.29% |
Cost Of Revenue | $4.981M |
YoY Change | 28.11% |
Gross Profit | $2.018M |
YoY Change | -34.71% |
Gross Profit Margin | 28.83% |
Selling, General & Admin | $336.0K |
YoY Change | 3.07% |
% of Gross Profit | 16.65% |
Research & Development | |
YoY Change | |
% of Gross Profit | |
Depreciation & Amortization | $725.0K |
YoY Change | 0.42% |
% of Gross Profit | 35.93% |
Operating Expenses | $6.042M |
YoY Change | 22.41% |
Operating Profit | $3.519M |
YoY Change | -2.79% |
Interest Expense | $1.842M |
YoY Change | -1.81% |
% of Operating Profit | 52.34% |
Other Income/Expense, Net | |
YoY Change | |
Pretax Income | $3.519M |
YoY Change | -2.79% |
Income Tax | |
% Of Pretax Income | |
Net Earnings | -$512.0K |
YoY Change | -222.2% |
Net Earnings / Revenue | -7.32% |
Basic Earnings Per Share | -$0.07 |
Diluted Earnings Per Share | -$0.07 |
COMMON SHARES | |
Basic Shares Outstanding | 7.450M shares |
Diluted Shares Outstanding | 7.450K shares |
Balance Sheet
Concept | 2024 Q1 |
---|---|
SHORT-TERM ASSETS | |
Cash & Short-Term Investments | $13.68M |
YoY Change | -63.22% |
Cash & Equivalents | $13.68M |
Short-Term Investments | |
Other Short-Term Assets | $4.907M |
YoY Change | 62.59% |
Inventory | |
Prepaid Expenses | |
Receivables | $819.0K |
Other Receivables | $0.00 |
Total Short-Term Assets | $19.41M |
YoY Change | -53.34% |
LONG-TERM ASSETS | |
Property, Plant & Equipment | $93.90M |
YoY Change | -2.22% |
Goodwill | |
YoY Change | |
Intangibles | |
YoY Change | |
Long-Term Investments | $17.57M |
YoY Change | -6.18% |
Other Assets | $305.0K |
YoY Change | 30.9% |
Total Long-Term Assets | $130.3M |
YoY Change | 5.98% |
TOTAL ASSETS | |
Total Short-Term Assets | $19.41M |
Total Long-Term Assets | $130.3M |
Total Assets | $149.7M |
YoY Change | -9.01% |
SHORT-TERM LIABILITIES | |
YoY Change | |
Accounts Payable | $1.362M |
YoY Change | -4.49% |
Accrued Expenses | |
YoY Change | |
Deferred Revenue | |
YoY Change | |
Short-Term Debt | $0.00 |
YoY Change | |
Long-Term Debt Due | |
YoY Change | |
Total Short-Term Liabilities | $2.995M |
YoY Change | -2.85% |
LONG-TERM LIABILITIES | |
Long-Term Debt | $129.2M |
YoY Change | -6.25% |
Other Long-Term Liabilities | $800.0K |
YoY Change | 77.38% |
Total Long-Term Liabilities | $130.0M |
YoY Change | -5.98% |
TOTAL LIABILITIES | |
Total Short-Term Liabilities | $2.995M |
Total Long-Term Liabilities | $130.0M |
Total Liabilities | $133.0M |
YoY Change | -5.91% |
SHAREHOLDERS EQUITY | |
Retained Earnings | -$9.852M |
YoY Change | 55.64% |
Common Stock | $74.00K |
YoY Change | 0.0% |
Preferred Stock | |
YoY Change | |
Treasury Stock (at cost) | |
YoY Change | |
Treasury Stock Shares | |
Shareholders Equity | $23.10M |
YoY Change | |
Total Liabilities & Shareholders Equity | $149.7M |
YoY Change | -9.01% |
Cashflow Statement
Concept | 2024 Q1 |
---|---|
OPERATING ACTIVITIES | |
Net Income | -$512.0K |
YoY Change | -222.2% |
Depreciation, Depletion And Amortization | $725.0K |
YoY Change | 0.42% |
Cash From Operating Activities | $934.0K |
YoY Change | -208.35% |
INVESTING ACTIVITIES | |
Capital Expenditures | $369.0K |
YoY Change | -211.82% |
Acquisitions | |
YoY Change | |
Other Investing Activities | $7.778M |
YoY Change | -103.09% |
Cash From Investing Activities | $7.409M |
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 |
YoY Change | -27.03% |
NET CHANGE | |
Cash From Operating Activities | $934.0K |
Cash From Investing Activities | $7.409M |
Cash From Financing Activities | -$8.585M |
Net Change In Cash | -$242.0K |
YoY Change | -98.14% |
FREE CASH FLOW | |
Cash From Operating Activities | $934.0K |
Capital Expenditures | $369.0K |
Free Cash Flow | $565.0K |
YoY Change | -206.2% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023Q1 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
usd | |
CY2024Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2024Q1 | dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | |
CY2024Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2024-01-31 | |
CY2024Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | |
CY2024Q1 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2024Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. | |
CY2024Q1 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
MD | |
CY2024Q1 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
22-1697095 | |
CY2024Q1 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
505 Main Street, Suite 400 | |
CY2024Q1 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Hackensack | |
CY2024Q1 | dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
NJ | |
CY2024Q1 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
07601 | |
CY2024Q1 | dei |
City Area Code
CityAreaCode
|
(201) | |
CY2024Q1 | dei |
Local Phone Number
LocalPhoneNumber
|
488-6400 | |
CY2024Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2024Q1 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2024Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2024Q1 | dei |
Entity Small Business
EntitySmallBusiness
|
true | |
CY2024Q1 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
CY2024Q1 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
CY2024Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
7449583 | shares |
CY2024Q1 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2024Q1 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
92988000 | usd |
CY2023Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
93617000 | usd |
CY2024Q1 | us-gaap |
Development In Process
DevelopmentInProcess
|
908000 | usd |
CY2023Q4 | us-gaap |
Development In Process
DevelopmentInProcess
|
898000 | usd |
CY2024Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
13679000 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
13217000 | usd |
CY2024Q1 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
16485000 | usd |
CY2023Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
23593000 | usd |
CY2024Q1 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
17573000 | usd |
CY2023Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
18137000 | usd |
CY2024Q1 | us-gaap |
Deposits Assets
DepositsAssets
|
950000 | usd |
CY2023Q4 | us-gaap |
Deposits Assets
DepositsAssets
|
962000 | usd |
CY2024Q1 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
661000 | usd |
CY2023Q4 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
690000 | usd |
CY2024Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
1094000 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
1090000 | usd |
CY2024Q1 | us-gaap |
Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
158000 | usd |
CY2023Q4 | us-gaap |
Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
559000 | usd |
CY2024Q1 | frevsob |
Fund Held In Postclosing Escrow
FundHeldInPostclosingEscrow
|
281000 | usd |
CY2023Q4 | frevsob |
Fund Held In Postclosing Escrow
FundHeldInPostclosingEscrow
|
883000 | usd |
CY2024Q1 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
4907000 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
4912000 | usd |
CY2024Q1 | frevsob |
Deferred Charges Net
DeferredChargesNet
|
305000 | usd |
CY2023Q4 | frevsob |
Deferred Charges Net
DeferredChargesNet
|
311000 | usd |
CY2024Q1 | frevsob |
Interest Rate Swap Contracts
InterestRateSwapContracts
|
806000 | usd |
CY2023Q4 | frevsob |
Interest Rate Swap Contracts
InterestRateSwapContracts
|
1336000 | usd |
CY2024Q1 | us-gaap |
Assets
Assets
|
149701000 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
159115000 | usd |
CY2024Q1 | us-gaap |
Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
|
222000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
|
222000 | usd |
CY2024Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
130235000 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
138179000 | usd |
CY2024Q1 | us-gaap |
Deferred Finance Costs Noncurrent Gross
DeferredFinanceCostsNoncurrentGross
|
1051000 | usd |
CY2023Q4 | us-gaap |
Deferred Finance Costs Noncurrent Gross
DeferredFinanceCostsNoncurrentGross
|
1117000 | usd |
CY2024Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
129184000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
137062000 | usd |
CY2024Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
1362000 | usd |
CY2023Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
1275000 | usd |
CY2024Q1 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
372000 | usd |
CY2023Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
372000 | usd |
CY2024Q1 | us-gaap |
Security Deposit Liability
SecurityDepositLiability
|
1261000 | usd |
CY2023Q4 | us-gaap |
Security Deposit Liability
SecurityDepositLiability
|
1262000 | usd |
CY2024Q1 | us-gaap |
Deferred Revenue
DeferredRevenue
|
800000 | usd |
CY2023Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
668000 | usd |
CY2024Q1 | us-gaap |
Liabilities
Liabilities
|
132979000 | usd |
CY2023Q4 | us-gaap |
Liabilities
Liabilities
|
140639000 | usd |
CY2024Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2024Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2024Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2024Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2024Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
20000000 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
20000000 | shares |
CY2024Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
7449583 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
7449583 | shares |
CY2024Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
74000 | usd |
CY2023Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
74000 | usd |
CY2024Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
32075000 | usd |
CY2023Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
32074000 | usd |
CY2024Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-9852000 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-8968000 | usd |
CY2024Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
799000 | usd |
CY2023Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
1336000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
23096000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
24516000 | usd |
CY2024Q1 | us-gaap |
Minority Interest
MinorityInterest
|
-6374000 | usd |
CY2023Q4 | us-gaap |
Minority Interest
MinorityInterest
|
-6040000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
16722000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
18476000 | usd |
CY2024Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
149701000 | usd |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
159115000 | usd |
CY2024Q1 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
6454000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
6222000 | usd |
CY2024Q1 | frevsob |
Tenant Reimbursement Revenue
TenantReimbursementRevenue
|
458000 | usd |
CY2023Q1 | frevsob |
Tenant Reimbursement Revenue
TenantReimbursementRevenue
|
646000 | usd |
CY2024Q1 | frevsob |
Other Real Estate Revenues
OtherRealEstateRevenues
|
87000 | usd |
CY2023Q1 | frevsob |
Other Real Estate Revenues
OtherRealEstateRevenues
|
111000 | usd |
CY2024Q1 | us-gaap |
Revenues
Revenues
|
6999000 | usd |
CY2023Q1 | us-gaap |
Revenues
Revenues
|
6979000 | usd |
CY2024Q1 | frevsob |
General Operating Expenses
GeneralOperatingExpenses
|
3489000 | usd |
CY2023Q1 | frevsob |
General Operating Expenses
GeneralOperatingExpenses
|
2450000 | usd |
CY2024Q1 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
336000 | usd |
CY2023Q1 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
326000 | usd |
CY2024Q1 | us-gaap |
Real Estate Tax Expense
RealEstateTaxExpense
|
1492000 | usd |
CY2023Q1 | us-gaap |
Real Estate Tax Expense
RealEstateTaxExpense
|
1438000 | usd |
CY2024Q1 | us-gaap |
Depreciation
Depreciation
|
725000 | usd |
CY2023Q1 | us-gaap |
Depreciation
Depreciation
|
722000 | usd |
CY2024Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
6042000 | usd |
CY2023Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
4936000 | usd |
CY2024Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
407000 | usd |
CY2023Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
189000 | usd |
CY2024Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-79000 | usd |
CY2023Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-243000 | usd |
CY2024Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-109000 | usd |
CY2023Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-67000 | usd |
CY2024Q1 | us-gaap |
Interest Expense
InterestExpense
|
1842000 | usd |
CY2023Q1 | us-gaap |
Interest Expense
InterestExpense
|
1876000 | usd |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-666000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
46000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-154000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-373000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-512000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
419000 | usd |
CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.07 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.06 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7450 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7424 | shares |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
7450 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
7433 | shares |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-666000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
46000 | usd |
CY2024Q1 | frevsob |
Unrealized Loss Gain On Interest Rate Swap Contracts Before Reclassification
UnrealizedLossGainOnInterestRateSwapContractsBeforeReclassification
|
-339000 | usd |
CY2023Q1 | frevsob |
Unrealized Loss Gain On Interest Rate Swap Contracts Before Reclassification
UnrealizedLossGainOnInterestRateSwapContractsBeforeReclassification
|
-334000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToNoncontrollingInterest
|
191000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToNoncontrollingInterest
|
116000 | usd |
CY2024Q1 | frevsob |
Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
|
-530000 | usd |
CY2023Q1 | frevsob |
Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
|
-450000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-6000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
-1000 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-7000 | usd |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-1203000 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-404000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-154000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-373000 | usd |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1049000 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-31000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
18476000 | usd |
CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
1000 | usd |
CY2024Q1 | us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
180000 | usd |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-666000 | usd |
CY2024Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
372000 | usd |
CY2024Q1 | frevsob |
Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
|
-530000 | usd |
CY2024Q1 | frevsob |
Net Unrealized Loss On Investment
NetUnrealizedLossOnInvestment
|
-7000 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
16722000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
24739000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
5000 | usd |
CY2023Q1 | frevsob |
Vested Share Units Issued To Consultant And Retired Directors
VestedShareUnitsIssuedToConsultantAndRetiredDirectors
|
26000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1226000 | usd |
CY2023Q1 | us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
1850000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
46000 | usd |
CY2023Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
541000 | usd |
CY2023Q1 | frevsob |
Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
|
-450000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
23201000 | usd |
CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-666000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
46000 | usd |
CY2024Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-79000 | usd |
CY2023Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-243000 | usd |
CY2024Q1 | us-gaap |
Depreciation
Depreciation
|
725000 | usd |
CY2023Q1 | us-gaap |
Depreciation
Depreciation
|
722000 | usd |
CY2024Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
181000 | usd |
CY2023Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
140000 | usd |
CY2024Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1000 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5000 | usd |
CY2023Q1 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
26000 | usd |
CY2024Q1 | us-gaap |
Loss On Sale Of Investments
LossOnSaleOfInvestments
|
109000 | usd |
CY2023Q1 | us-gaap |
Loss On Sale Of Investments
LossOnSaleOfInvestments
|
67000 | usd |
CY2024Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
29000 | usd |
CY2023Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
28000 | usd |
CY2024Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
45000 | usd |
CY2023Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-45000 | usd |
CY2024Q1 | frevsob |
Accreted Interest On Investment In Us Treasury Securities
AccretedInterestOnInvestmentInUSTreasurySecurities
|
242000 | usd |
CY2023Q1 | frevsob |
Accreted Interest On Investment In Us Treasury Securities
AccretedInterestOnInvestmentInUSTreasurySecurities
|
39000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
1000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-271000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-136000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
271000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-2285000 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
132000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
94000 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
934000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-862000 | usd |
CY2024Q1 | frevsob |
Cash Outlays Proceed From Sale Of Maryland Properties Net
CashOutlaysProceedFromSaleOfMarylandPropertiesNet
|
66000 | usd |
CY2023Q1 | frevsob |
Cash Outlays Proceed From Sale Of Maryland Properties Net
CashOutlaysProceedFromSaleOfMarylandPropertiesNet
|
165000 | usd |
CY2024Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
10596000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
5673000 | usd |
CY2024Q1 | us-gaap |
Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
|
-17939000 | usd |
CY2024Q1 | us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
303000 | usd |
CY2023Q1 | us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
181000 | usd |
CY2024Q1 | us-gaap |
Payments For Leasing Costs
PaymentsForLeasingCosts
|
20000 | usd |
CY2023Q1 | us-gaap |
Payments For Leasing Costs
PaymentsForLeasingCosts
|
8000 | usd |
CY2024Q1 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
455000 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
7409000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-6027000 | usd |
CY2024Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
7944000 | usd |
CY2023Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
393000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1226000 | usd |
CY2024Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
89000 | usd |
CY2023Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
6000 | usd |
CY2024Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
372000 | usd |
CY2023Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
10742000 | usd |
CY2024Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
180000 | usd |
CY2023Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
1850000 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-8585000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-11765000 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-242000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-18654000 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
18356000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
58500000 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
18114000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
39846000 | usd |
CY2024Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1687000 | usd |
CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1728000 | usd |
CY2024Q1 | us-gaap |
Stock Issued1
StockIssued1
|
13000 | usd |
CY2023Q1 | us-gaap |
Stock Issued1
StockIssued1
|
78000 | usd |
CY2024Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
13000 | usd |
CY2023Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
42000 | usd |
CY2024Q1 | frevsob |
Dividends Declared But Not Paid
DividendsDeclaredButNotPaid
|
372000 | usd |
CY2023Q1 | frevsob |
Dividends Declared But Not Paid
DividendsDeclaredButNotPaid
|
372000 | usd |
CY2024Q1 | frevsob |
Cash And Cash Equivalents
CashAndCashEquivalents
|
13679000 | usd |
CY2023Q1 | frevsob |
Cash And Cash Equivalents
CashAndCashEquivalents
|
31514000 | usd |
CY2024Q1 | frevsob |
Tenants Security Accounts
TenantsSecurityAccounts
|
950000 | usd |
CY2023Q1 | frevsob |
Tenants Security Accounts
TenantsSecurityAccounts
|
1024000 | usd |
CY2024Q1 | frevsob |
Funds Held In Postclosing Escrow
FundsHeldInPostclosingEscrow
|
-281000 | usd |
CY2023Q1 | frevsob |
Funds Held In Postclosing Escrow
FundsHeldInPostclosingEscrow
|
-5962000 | usd |
CY2024Q1 | us-gaap |
Escrow Deposits Related To Property Sales
EscrowDepositsRelatedToPropertySales
|
3204000 | usd |
CY2023Q1 | us-gaap |
Escrow Deposits Related To Property Sales
EscrowDepositsRelatedToPropertySales
|
1346000 | usd |
CY2024Q1 | frevsob |
Total Cash Cash Equivalents And Restricted Cash
TotalCashCashEquivalentsAndRestrictedCash
|
18114000 | usd |
CY2023Q1 | frevsob |
Total Cash Cash Equivalents And Restricted Cash
TotalCashCashEquivalentsAndRestrictedCash
|
39846000 | usd |
CY2024Q1 | us-gaap |
Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
|
0.05 | |
CY2024Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
9000 | shares |
CY2024Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
8440 | shares |
CY2023Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares |
CY2024Q1 | frevsob |
Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
|
-530000 | usd |
CY2023Q1 | frevsob |
Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
|
-450000 | usd |
CY2024Q1 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
109000 | usd |
CY2023Q1 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
67000 | usd |
CY2024Q1 | frevsob |
Percentage Of Management Fees Of Rent Collected
PercentageOfManagementFeesOfRentCollected
|
0.05 | pure |
CY2024Q1 | us-gaap |
Other Additional Capital
OtherAdditionalCapital
|
3420000 | usd |
CY2024Q1 | us-gaap |
Interest Expense Federal Funds Purchased
InterestExpenseFederalFundsPurchased
|
3420000 | usd |
CY2024Q1 | us-gaap |
Custody Fees
CustodyFees
|
3420000 | usd |
CY2024Q1 | us-gaap |
Legal Fees
LegalFees
|
314000 | usd |
CY2023Q1 | us-gaap |
Legal Fees
LegalFees
|
196000 | usd |
CY2024Q1 | us-gaap |
Significant Purchase Commitment Description
SignificantPurchaseCommitmentDescription
|
This sale resulted in net proceeds of approximately $58.7 million (inclusive of approximately $0.5 million in funds released from the Maryland Purchaser Escrow Payment for the three months ended January 31, 2024), 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 January 31, 2024, approximately $7,084,000 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 $0.1 million and $0.2 million for the three months ended January 31, 2024 and 2023, 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 $0.3 million and $0.9 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 condensed consolidated balance sheets as of January 31, 2024 and October 31, 2023, respectively. These funds held in post-closing escrow are anticipated to be released by the end of Fiscal 2025. The sale of the Maryland Properties resulted in a net gain of approximately $67.7 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
|
0.25 | |
CY2023Q3 | us-gaap |
Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
|
0.3 | |
CY2024Q1 | us-gaap |
Payment For Management Fee
PaymentForManagementFee
|
13400000 | usd |
CY2023Q1 | us-gaap |
Payment For Management Fee
PaymentForManagementFee
|
0 | usd |
CY2023Q4 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
9000000 | usd |
CY2023Q4 | frevsob |
Mortgage Loans On Real Estate Extended Amount
MortgageLoansOnRealEstateExtendedAmount
|
7500000 | usd |
CY2024Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
7500000 | usd |
CY2023Q3 | us-gaap |
Derivative Fixed Interest Rate
DerivativeFixedInterestRate
|
0.0605 | pure |
CY2024Q1 | us-gaap |
Derivative Variable Interest Rate
DerivativeVariableInterestRate
|
0.0921 | pure |
CY2024Q1 | us-gaap |
Derivative Fixed Interest Rate
DerivativeFixedInterestRate
|
0.0605 | pure |
CY2024Q1 | frevsob |
Fixed Interest Rate
FixedInterestRate
|
0.075 | pure |
CY2024Q1 | us-gaap |
Loans Payable
LoansPayable
|
157347 | usd |
CY2023Q4 | frevsob |
Principal Amount
PrincipalAmount
|
1888166 | usd |
CY2024Q1 | frevsob |
Annual Debt Service Saving
AnnualDebtServiceSaving
|
0.085 | pure |
CY2024Q1 | us-gaap |
Escrow Deposit
EscrowDeposit
|
112556 | usd |
CY2024Q1 | us-gaap |
Replacement Reserve Escrow
ReplacementReserveEscrow
|
2000722 | usd |
CY2024Q1 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
13000000 | usd |
CY2023Q4 | us-gaap |
Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
|
13000000 | usd |
CY2024Q1 | frevsob |
Fair Value Of Per Share
FairValueOfPerShare
|
125700000 | |
CY2023Q4 | frevsob |
Fair Value Of Per Share
FairValueOfPerShare
|
130800000 | |
CY2024Q1 | frevsob |
Carrying Value Net Price Per Share
CarryingValueNetPricePerShare
|
129200000 | |
CY2023Q4 | frevsob |
Carrying Value Net Price Per Share
CarryingValueNetPricePerShare
|
137100000 | |
CY2024Q1 | frevsob |
Real Estate Rental Revenue
RealEstateRentalRevenue
|
7028000 | usd |
CY2023Q1 | frevsob |
Real Estate Rental Revenue
RealEstateRentalRevenue
|
7007000 | usd |
CY2024Q1 | us-gaap |
Other Expense From Real Estate Partnership Operations
OtherExpenseFromRealEstatePartnershipOperations
|
3509000 | usd |
CY2023Q1 | us-gaap |
Other Expense From Real Estate Partnership Operations
OtherExpenseFromRealEstatePartnershipOperations
|
3387000 | usd |
CY2024Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
3519000 | usd |
CY2023Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
3620000 | usd |
CY2024Q1 | frevsob |
Recurring Capital Improvements
RecurringCapitalImprovements
|
96000 | usd |
CY2023Q1 | frevsob |
Recurring Capital Improvements
RecurringCapitalImprovements
|
145000 | usd |
CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
3519000 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
3620000 | usd |
CY2024Q1 | us-gaap |
Straight Line Rent Adjustments
StraightLineRentAdjustments
|
29000 | usd |
CY2023Q1 | us-gaap |
Straight Line Rent Adjustments
StraightLineRentAdjustments
|
28000 | usd |
CY2024Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
407000 | usd |
CY2023Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
189000 | usd |
CY2024Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1808000 | usd |
CY2023Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
827000 | usd |
CY2024Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-109000 | usd |
CY2023Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-67000 | usd |
CY2024Q1 | us-gaap |
Depreciation Nonproduction
DepreciationNonproduction
|
725000 | usd |
CY2023Q1 | us-gaap |
Depreciation Nonproduction
DepreciationNonproduction
|
722000 | usd |
CY2024Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-79000 | usd |
CY2023Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-243000 | usd |
CY2024Q1 | us-gaap |
Interest Expense
InterestExpense
|
1842000 | usd |
CY2023Q1 | us-gaap |
Interest Expense
InterestExpense
|
1876000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
|
-666000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
|
46000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-154000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-373000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-512000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
419000 | usd |
CY2023Q1 | frevsob |
Cash Compensation
CashCompensation
|
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 |
CY2024Q1 | us-gaap |
Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
|
1000 | usd |
CY2023Q1 | us-gaap |
Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
|
5000 | usd |
CY2023Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
112900 | usd |
CY2023Q1 | frevsob |
Aggregate Amount
AggregateAmount
|
1200000 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
274509 | shares |
CY2024Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
274509 | shares |
CY2024Q1 | frevsob |
Years Minimum Term Range Of Residentiall Leases
YearsMinimumTermRangeOfResidentiallLeases
|
P5Y | |
CY2024Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
|
4909000 | usd |
CY2024Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
|
4095000 | usd |
CY2024Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
3212000 | usd |
CY2024Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
2024000 | usd |
CY2024Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
1024000 | usd |
CY2024Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
|
3197000 | usd |
CY2024Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
18461000 | usd |
CY2024Q1 | us-gaap |
Deferred Compensation Arrangement With Individual Exercise Price
DeferredCompensationArrangementWithIndividualExercisePrice
|
95 | |
CY2023Q2 | us-gaap |
Area Of Land
AreaOfLand
|
84254 | sqft |
CY2024Q1 | us-gaap |
Amortization Expense Per Physical Unit Of Production
AmortizationExpensePerPhysicalUnitOfProduction
|
4 | |
CY2024Q1 | us-gaap |
Payments For Rent
PaymentsForRent
|
336720 | usd |
CY2024Q1 | frevsob |
Lease Years
LeaseYears
|
P14Y | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
usd | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
|
usd | |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
usd | |
CY2024Q1 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
usd | |
CY2023Q1 | us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
usd | |
CY2023Q1 | us-gaap |
Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
|
usd | |
CY2024Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
usd | |
CY2024Q1 | us-gaap |
Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
|
usd | |
CY2024Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2024Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--10-31 | |
CY2024Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2024Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000036840 |