2024 Q3 Form 10-Q Financial Statement

#000117494724001059 Filed on September 13, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2023 Q4 2023 Q3
Revenue $7.147M $7.153M $7.296M
YoY Change -2.04% 1.49% 4.84%
Cost Of Revenue $3.446M $4.699M
YoY Change
Gross Profit $3.707M $2.597M
YoY Change
Gross Profit Margin 51.82% 35.59%
Selling, General & Admin $882.0K $343.0K
YoY Change
% of Gross Profit 23.79% 13.21%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $735.0K $746.0K $744.0K
YoY Change -1.21%
% of Gross Profit 20.12% 28.65%
Operating Expenses $4.984M $1.628M $5.786M
YoY Change -13.86% 16.61%
Operating Profit $3.857M $2.079M $3.828M
YoY Change 0.76% 91.69%
Interest Expense $1.839M -$1.568M $2.031M
YoY Change -9.45% 14.49%
% of Operating Profit 47.68% -75.42% 53.06%
Other Income/Expense, Net
YoY Change
Pretax Income $3.857M $511.0K $3.828M
YoY Change 0.76% 6.48%
Income Tax
% Of Pretax Income
Net Earnings $14.79M $656.0K -$412.0K
YoY Change -3690.05% -218.41% -136.75%
Net Earnings / Revenue 206.95% 9.17% -5.65%
Basic Earnings Per Share $1.98 $0.09 -$0.06
Diluted Earnings Per Share $1.98 $0.09 -$0.06
COMMON SHARES
Basic Shares Outstanding 7.458K shares 7.449K shares
Diluted Shares Outstanding 7.462K shares 7.449K shares

Balance Sheet

Concept 2024 Q3 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $13.22M $38.13M
YoY Change
Cash & Equivalents $29.43M $13.22M $38.13M
Short-Term Investments
Other Short-Term Assets $4.912M $4.855M
YoY Change
Inventory
Prepaid Expenses
Receivables $397.0K $1.249M $1.309M
Other Receivables $0.00 $0.00
Total Short-Term Assets $19.38M $44.30M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $94.52M $94.95M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $17.70M $18.14M $18.18M
YoY Change -2.62% -3.52% -3.96%
Other Assets $311.0K $317.0K
YoY Change
Total Long-Term Assets $139.7M $116.6M
YoY Change
TOTAL ASSETS
Total Short-Term Assets $19.38M $44.30M
Total Long-Term Assets $139.7M $116.6M
Total Assets $165.0M $159.1M $160.8M
YoY Change 2.6% -10.93% -29.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.275M $1.523M
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.909M $5.010M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $137.1M $136.7M
YoY Change
Other Long-Term Liabilities $668.0K $642.0K
YoY Change
Total Long-Term Liabilities $137.7M $137.4M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $2.909M $5.010M
Total Long-Term Liabilities $137.7M $137.4M
Total Liabilities $133.2M $140.6M $142.4M
YoY Change -6.43% -8.62% -1.02%
SHAREHOLDERS EQUITY
Retained Earnings $4.726M -$8.968M -$9.252M
YoY Change -151.08% 44.46% -115.92%
Common Stock $75.00K $74.00K $74.00K
YoY Change 1.35% 1.37% 4.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $37.63M $24.52M $24.14M
YoY Change
Total Liabilities & Shareholders Equity $165.0M $159.1M $160.8M
YoY Change 2.6% -10.93% -29.08%

Cashflow Statement

Concept 2024 Q3 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $14.79M $656.0K -$412.0K
YoY Change -3690.05% -218.41% -136.75%
Depreciation, Depletion And Amortization $735.0K $746.0K $744.0K
YoY Change -1.21%
Cash From Operating Activities $798.0K $1.575M
YoY Change
INVESTING ACTIVITIES
Capital Expenditures $295.0K $644.0K
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$23.27M $328.0K
YoY Change
Cash From Investing Activities -$23.56M -$316.0K
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.266M -2.221M
YoY Change
NET CHANGE
Cash From Operating Activities 798.0K 1.575M
Cash From Investing Activities -23.56M -316.0K
Cash From Financing Activities -2.266M -2.221M
Net Change In Cash -25.03M -962.0K
YoY Change
FREE CASH FLOW
Cash From Operating Activities $798.0K $1.575M
Capital Expenditures $295.0K $644.0K
Free Cash Flow $503.0K $931.0K
YoY Change

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frevsob Unrealized Loss Gain On Interest Rate Swap Contracts Before Reclassification
UnrealizedLossGainOnInterestRateSwapContractsBeforeReclassification
-134000 usd
CY2024Q3 frevsob Unrealized Loss Gain On Interest Rate Swap Contracts Before Reclassification
UnrealizedLossGainOnInterestRateSwapContractsBeforeReclassification
-241000 usd
CY2023Q3 frevsob Unrealized Loss Gain On Interest Rate Swap Contracts Before Reclassification
UnrealizedLossGainOnInterestRateSwapContractsBeforeReclassification
562000 usd
us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToNoncontrollingInterest
566000 usd
us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToNoncontrollingInterest
426000 usd
CY2023Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToNoncontrollingInterest
173000 usd
frevsob Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
-700000 usd
frevsob Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
-168000 usd
CY2024Q3 frevsob Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
-427000 usd
CY2023Q3 frevsob Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
389000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-20000 usd
CY2024Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
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us-gaap Other Comprehensive Income Reclassification Adjustment For Held To Maturity Transferred To Available For Sale Securities Before Tax
OtherComprehensiveIncomeReclassificationAdjustmentForHeldToMaturityTransferredToAvailableForSaleSecuritiesBeforeTax
-6000 usd
CY2024Q3 us-gaap Other Comprehensive Income Reclassification Adjustment For Held To Maturity Transferred To Available For Sale Securities Before Tax
OtherComprehensiveIncomeReclassificationAdjustmentForHeldToMaturityTransferredToAvailableForSaleSecuritiesBeforeTax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
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CY2024Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2024Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
15902000 usd
us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
1256000 usd
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EarningsPerShareBasic
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EarningsPerShareDiluted
1.99
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.98
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.06
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7454 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7438 shares
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7458 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7462 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7449 shares
us-gaap Profit Loss
ProfitLoss
16068000 usd
us-gaap Profit Loss
ProfitLoss
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CY2023Q3 us-gaap Profit Loss
ProfitLoss
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frevsob Unrealized Loss Gain On Interest Rate Swap Contracts Before Reclassification
UnrealizedLossGainOnInterestRateSwapContractsBeforeReclassification
-134000 usd
frevsob Unrealized Loss Gain On Interest Rate Swap Contracts Before Reclassification
UnrealizedLossGainOnInterestRateSwapContractsBeforeReclassification
258000 usd
CY2023Q3 frevsob Unrealized Loss Gain On Interest Rate Swap Contracts Before Reclassification
UnrealizedLossGainOnInterestRateSwapContractsBeforeReclassification
562000 usd
CY2024Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToNoncontrollingInterest
186000 usd
CY2023Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToNoncontrollingInterest
173000 usd
frevsob Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
-700000 usd
frevsob Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
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CY2024Q3 frevsob Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
-427000 usd
CY2023Q3 frevsob Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
389000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
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CY2024Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
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us-gaap Other Comprehensive Income Reclassification Adjustment For Held To Maturity Transferred To Available For Sale Securities Before Tax
OtherComprehensiveIncomeReclassificationAdjustmentForHeldToMaturityTransferredToAvailableForSaleSecuritiesBeforeTax
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CY2024Q3 us-gaap Other Comprehensive Income Reclassification Adjustment For Held To Maturity Transferred To Available For Sale Securities Before Tax
OtherComprehensiveIncomeReclassificationAdjustmentForHeldToMaturityTransferredToAvailableForSaleSecuritiesBeforeTax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
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CY2024Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2024Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
15902000 usd
us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
1256000 usd
us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
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CY2024Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
1544000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14086000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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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
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CY2024Q1 us-gaap Dividends Common Stock
DividendsCommonStock
372000 usd
CY2024Q1 frevsob Net Unrealizedgain Loss On Interest Rate Swap Contracts
NetUnrealizedgainLossOnInterestRateSwapContracts
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CY2024Q1 frevsob Net Unrealized Loss On Investment
NetUnrealizedLossOnInvestment
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CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
16722000 usd
CY2024Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
141000 usd
CY2024Q2 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
600000 usd
CY2024Q2 us-gaap Profit Loss
ProfitLoss
399000 usd
CY2024Q2 us-gaap Dividends Common Stock
DividendsCommonStock
373000 usd
CY2024Q2 frevsob Net Unrealizedgain Loss On Interest Rate Swap Contracts
NetUnrealizedgainLossOnInterestRateSwapContracts
257000 usd
CY2024Q2 frevsob Net Unrealized Loss On Investment
NetUnrealizedLossOnInvestment
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CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
16533000 usd
CY2024Q3 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
240000 usd
CY2024Q3 us-gaap Profit Loss
ProfitLoss
16335000 usd
CY2024Q3 us-gaap Dividends Common Stock
DividendsCommonStock
373000 usd
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7449 shares
us-gaap Profit Loss
ProfitLoss
16068000 usd
us-gaap Profit Loss
ProfitLoss
-1086000 usd
CY2024Q3 us-gaap Profit Loss
ProfitLoss
16335000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
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frevsob Unrealized Loss Gain On Interest Rate Swap Contracts Before Reclassification
UnrealizedLossGainOnInterestRateSwapContractsBeforeReclassification
-134000 usd
frevsob Unrealized Loss Gain On Interest Rate Swap Contracts Before Reclassification
UnrealizedLossGainOnInterestRateSwapContractsBeforeReclassification
258000 usd
CY2024Q3 frevsob Unrealized Loss Gain On Interest Rate Swap Contracts Before Reclassification
UnrealizedLossGainOnInterestRateSwapContractsBeforeReclassification
-241000 usd
CY2023Q3 frevsob Unrealized Loss Gain On Interest Rate Swap Contracts Before Reclassification
UnrealizedLossGainOnInterestRateSwapContractsBeforeReclassification
562000 usd
us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToNoncontrollingInterest
566000 usd
us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToNoncontrollingInterest
426000 usd
CY2023Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToNoncontrollingInterest
173000 usd
frevsob Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
-168000 usd
CY2024Q3 frevsob Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
-427000 usd
CY2023Q3 frevsob Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
389000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
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us-gaap Other Comprehensive Income Reclassification Adjustment For Held To Maturity Transferred To Available For Sale Securities Before Tax
OtherComprehensiveIncomeReclassificationAdjustmentForHeldToMaturityTransferredToAvailableForSaleSecuritiesBeforeTax
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CY2024Q3 us-gaap Other Comprehensive Income Reclassification Adjustment For Held To Maturity Transferred To Available For Sale Securities Before Tax
OtherComprehensiveIncomeReclassificationAdjustmentForHeldToMaturityTransferredToAvailableForSaleSecuritiesBeforeTax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2024Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
15902000 usd
us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
-1190000 usd
CY2024Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
1544000 usd
CY2023Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14086000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14358000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
18476000 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 Unrealizedgain Loss On Interest Rate Swap Contracts
NetUnrealizedgainLossOnInterestRateSwapContracts
-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
CY2024Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
141000 usd
CY2024Q2 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
600000 usd
CY2024Q2 us-gaap Profit Loss
ProfitLoss
399000 usd
CY2024Q2 us-gaap Dividends Common Stock
DividendsCommonStock
373000 usd
CY2024Q2 frevsob Net Unrealized Loss On Investment
NetUnrealizedLossOnInvestment
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CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
16533000 usd
CY2024Q3 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
240000 usd
CY2024Q3 us-gaap Profit Loss
ProfitLoss
16335000 usd
CY2024Q3 us-gaap Dividends Common Stock
DividendsCommonStock
373000 usd
CY2024Q3 frevsob Net Unrealizedgain Loss On Interest Rate Swap Contracts
NetUnrealizedgainLossOnInterestRateSwapContracts
-427000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
31822000 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 Stock Issued During Period Value Vested Share Units Granted To Directors
StockIssuedDuringPeriodValueVestedShareUnitsGrantedToDirectors
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 Unrealizedgain Loss On Interest Rate Swap Contracts
NetUnrealizedgainLossOnInterestRateSwapContracts
-450000 usd
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7449 shares
us-gaap Profit Loss
ProfitLoss
16068000 usd
us-gaap Profit Loss
ProfitLoss
-1086000 usd
CY2024Q3 us-gaap Profit Loss
ProfitLoss
16335000 usd
frevsob Unrealized Loss Gain On Interest Rate Swap Contracts Before Reclassification
UnrealizedLossGainOnInterestRateSwapContractsBeforeReclassification
-134000 usd
frevsob Unrealized Loss Gain On Interest Rate Swap Contracts Before Reclassification
UnrealizedLossGainOnInterestRateSwapContractsBeforeReclassification
258000 usd
CY2023Q3 frevsob Unrealized Loss Gain On Interest Rate Swap Contracts Before Reclassification
UnrealizedLossGainOnInterestRateSwapContractsBeforeReclassification
562000 usd
us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToNoncontrollingInterest
566000 usd
us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToNoncontrollingInterest
426000 usd
CY2023Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToNoncontrollingInterest
173000 usd
frevsob Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
-700000 usd
frevsob Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
-168000 usd
CY2024Q3 frevsob Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
-427000 usd
CY2023Q3 frevsob Net Unrealized Gainloss On Interest Rate Cap And Swap Contracts
NetUnrealizedGainlossOnInterestRateCapAndSwapContracts
389000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
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CY2024Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
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us-gaap Other Comprehensive Income Reclassification Adjustment For Held To Maturity Transferred To Available For Sale Securities Before Tax
OtherComprehensiveIncomeReclassificationAdjustmentForHeldToMaturityTransferredToAvailableForSaleSecuritiesBeforeTax
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CY2024Q3 us-gaap Other Comprehensive Income Reclassification Adjustment For Held To Maturity Transferred To Available For Sale Securities Before Tax
OtherComprehensiveIncomeReclassificationAdjustmentForHeldToMaturityTransferredToAvailableForSaleSecuritiesBeforeTax
-5000 usd
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
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CY2024Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
15342000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2024Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
15902000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
1256000 usd
us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
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CY2024Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
1544000 usd
CY2023Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14086000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-64000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14358000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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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 Unrealizedgain Loss On Interest Rate Swap Contracts
NetUnrealizedgainLossOnInterestRateSwapContracts
-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
CY2024Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
141000 usd
CY2024Q2 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
600000 usd
CY2024Q2 us-gaap Dividends Common Stock
DividendsCommonStock
373000 usd
CY2024Q2 frevsob Net Unrealized Loss On Investment
NetUnrealizedLossOnInvestment
-13000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
16533000 usd
CY2024Q3 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
240000 usd
CY2024Q3 us-gaap Dividends Common Stock
DividendsCommonStock
373000 usd
CY2024Q3 frevsob Net Unrealizedgain Loss On Interest Rate Swap Contracts
NetUnrealizedgainLossOnInterestRateSwapContracts
-427000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
24739000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1226000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
46000 usd
CY2023Q1 us-gaap Dividends Common Stock
DividendsCommonStock
541000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
23201000 usd
us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
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CY2024Q3 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
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us-gaap Profit Loss
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us-gaap Increase Decrease In Deposit Other Assets
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Profit Loss
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ProfitLoss
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frevsob Stock Award Granted To Directors
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us-gaap Increase Decrease In Deposit Other Assets
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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frevsob Cash Outlays Proceed From Sale Of Maryland Properties Net
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143000 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
88000 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
91000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
116000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
26000 usd
frevsob Accreted Interest On Investment In Us Treasury Securities
AccretedInterestOnInvestmentInUSTreasurySecurities
595000 usd
us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
40000 usd
us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
33000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
191000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-397000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1318000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1694000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
285000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
19982000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1878000 usd
frevsob Cash Outlays Proceed From Sale Of Maryland Properties Net
CashOutlaysProceedFromSaleOfMarylandPropertiesNet
171000 usd
frevsob Cash Outlays Proceed From Sale Of Maryland Properties Net
CashOutlaysProceedFromSaleOfMarylandPropertiesNet
844000 usd
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
26759000 usd
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
31752000 usd
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
34002000 usd
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
11380000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
697000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
1154000 usd
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
88000 usd
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
140000 usd
frevsob Due From Pierre Tic For Reimbursement Of Costs
DueFromPierreTICForReimbursementOfCosts
-166000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
455000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
390000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
6576000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-22120000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
8819000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1124000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1263000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
207000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
604000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
11486000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1020000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
3295000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-11163000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-15246000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
15395000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-35488000 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
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33751000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23012000 usd
us-gaap Interest Paid Net
InterestPaidNet
5061000 usd
us-gaap Interest Paid Net
InterestPaidNet
5461000 usd
us-gaap Stock Issued1
StockIssued1
159000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
107000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
38000 usd
frevsob Dividends Declared But Not Paid
DividendsDeclaredButNotPaid
373000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
697000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
1154000 usd
frevsob Due From Pierre Tic For Reimbursement Of Costs
DueFromPierreTICForReimbursementOfCosts
-166000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
455000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
390000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
6576000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-22120000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1124000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1263000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
207000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
604000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1117000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
11486000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1020000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
3295000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-11163000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-15246000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
15395000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-35488000 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
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33751000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23012000 usd
us-gaap Interest Paid Net
InterestPaidNet
5061000 usd
us-gaap Interest Paid Net
InterestPaidNet
5461000 usd
us-gaap Stock Issued1
StockIssued1
159000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
107000 usd
frevsob Dividends Declared But Not Paid
DividendsDeclaredButNotPaid
2235000 usd
frevsob Cash And Cash Equivalents
CashAndCashEquivalents
29429000 usd
frevsob Cash And Cash Equivalents
CashAndCashEquivalents
17757000 usd
frevsob Tenants Security Accounts
TenantsSecurityAccounts
978000 usd
frevsob Funds Held In Postclosing Escrow
FundsHeldInPostclosingEscrow
-189000 usd
frevsob Funds Held In Postclosing Escrow
FundsHeldInPostclosingEscrow
-883000 usd
us-gaap Escrow Deposits Related To Property Sales
EscrowDepositsRelatedToPropertySales
3212000 usd
frevsob Total Cash Cash Equivalents And Restricted Cash
TotalCashCashEquivalentsAndRestrictedCash
33751000 usd
frevsob Total Cash Cash Equivalents And Restricted Cash
TotalCashCashEquivalentsAndRestrictedCash
23012000 usd
us-gaap Nature Of Operations
NatureOfOperations
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 81pt; text-align: justify; text-indent: -81pt">Note 1 - Basis of presentation:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 81pt; text-align: justify; text-indent: -81pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">First Real Estate Investment Trust of New Jersey was organized on November 1, 1961 as a New Jersey Business Trust. On July 1, 2021, First Real Estate Investment Trust of New Jersey completed the change of its form of organization from a New Jersey real estate investment trust to a Maryland corporation (the “Reincorporation”) which was approved by its stockholders at the annual meeting of stockholders held on May 6, 2021. The Reincorporation changed the law applicable to First Real Estate Investment Trust of New Jersey’s affairs from New Jersey law to Maryland law and was accomplished by the merger of First Real Estate Investment Trust of New Jersey with and into its wholly owned subsidiary, First Real Estate Investment Trust of New Jersey, Inc. (“FREIT”, “Trust”, “us”, “we”, “our” or the “Company”), a Maryland corporation. As a result of the Reincorporation, the separate existence of First Real Estate Investment Trust of New Jersey has ceased and FREIT has succeeded to all the business, properties, assets and liabilities of First Real Estate Investment Trust of New Jersey. Holders of shares of beneficial interest in First Real Estate Investment Trust of New Jersey have received one newly issued share of common stock of FREIT for each share of First Real Estate Investment Trust of New Jersey that they own, without any action of stockholders required and all treasury stock held by First Real Estate Investment Trust of New Jersey was retired.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">FREIT is organized and will continue to operate in such a manner as to qualify for taxation as a REIT under the Internal Revenue Code of 1986, as amended, and its stock is traded on the over-the-counter market under the trading symbol FREVS.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The accompanying interim condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial statements and pursuant to the rules of the Securities and Exchange Commission (“SEC”). Accordingly, certain information and footnotes required by GAAP for complete financial statements have been omitted. It is the opinion of management that all adjustments considered necessary for a fair presentation have been included, and that all such adjustments are of a normal recurring nature.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The consolidated results of operations for the nine and three-month periods ended July 31, 2024 are not necessarily indicative of the results to be expected for the full year or any other period. The unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes included in FREIT’s Annual Report on Form 10-K for the year ended October 31, 2023.</p>
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
8819000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1124000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1263000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
207000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
604000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1117000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
11486000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1020000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
3295000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-11163000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-15246000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
15395000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-35488000 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
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33751000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23012000 usd
us-gaap Interest Paid Net
InterestPaidNet
5061000 usd
us-gaap Interest Paid Net
InterestPaidNet
5461000 usd
us-gaap Stock Issued1
StockIssued1
159000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
107000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
38000 usd
frevsob Dividends Declared But Not Paid
DividendsDeclaredButNotPaid
373000 usd
frevsob Dividends Declared But Not Paid
DividendsDeclaredButNotPaid
2235000 usd
frevsob Cash And Cash Equivalents
CashAndCashEquivalents
29429000 usd
frevsob Cash And Cash Equivalents
CashAndCashEquivalents
17757000 usd
frevsob Tenants Security Accounts
TenantsSecurityAccounts
921000 usd
frevsob Funds Held In Postclosing Escrow
FundsHeldInPostclosingEscrow
-189000 usd
frevsob Funds Held In Postclosing Escrow
FundsHeldInPostclosingEscrow
-883000 usd
us-gaap Escrow Deposits Related To Property Sales
EscrowDepositsRelatedToPropertySales
3212000 usd
us-gaap Escrow Deposits Related To Property Sales
EscrowDepositsRelatedToPropertySales
3394000 usd
frevsob Total Cash Cash Equivalents And Restricted Cash
TotalCashCashEquivalentsAndRestrictedCash
33751000 usd
frevsob Total Cash Cash Equivalents And Restricted Cash
TotalCashCashEquivalentsAndRestrictedCash
23012000 usd
us-gaap Nature Of Operations
NatureOfOperations
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 81pt; text-align: justify; text-indent: -81pt">Note 1 - Basis of presentation:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 81pt; text-align: justify; text-indent: -81pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">First Real Estate Investment Trust of New Jersey was organized on November 1, 1961 as a New Jersey Business Trust. On July 1, 2021, First Real Estate Investment Trust of New Jersey completed the change of its form of organization from a New Jersey real estate investment trust to a Maryland corporation (the “Reincorporation”) which was approved by its stockholders at the annual meeting of stockholders held on May 6, 2021. The Reincorporation changed the law applicable to First Real Estate Investment Trust of New Jersey’s affairs from New Jersey law to Maryland law and was accomplished by the merger of First Real Estate Investment Trust of New Jersey with and into its wholly owned subsidiary, First Real Estate Investment Trust of New Jersey, Inc. (“FREIT”, “Trust”, “us”, “we”, “our” or the “Company”), a Maryland corporation. As a result of the Reincorporation, the separate existence of First Real Estate Investment Trust of New Jersey has ceased and FREIT has succeeded to all the business, properties, assets and liabilities of First Real Estate Investment Trust of New Jersey. Holders of shares of beneficial interest in First Real Estate Investment Trust of New Jersey have received one newly issued share of common stock of FREIT for each share of First Real Estate Investment Trust of New Jersey that they own, without any action of stockholders required and all treasury stock held by First Real Estate Investment Trust of New Jersey was retired.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">FREIT is organized and will continue to operate in such a manner as to qualify for taxation as a REIT under the Internal Revenue Code of 1986, as amended, and its stock is traded on the over-the-counter market under the trading symbol FREVS.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The accompanying interim condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial statements and pursuant to the rules of the Securities and Exchange Commission (“SEC”). Accordingly, certain information and footnotes required by GAAP for complete financial statements have been omitted. It is the opinion of management that all adjustments considered necessary for a fair presentation have been included, and that all such adjustments are of a normal recurring nature.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The consolidated results of operations for the nine and three-month periods ended July 31, 2024 are not necessarily indicative of the results to be expected for the full year or any other period. The unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes included in FREIT’s Annual Report on Form 10-K for the year ended October 31, 2023.</p>
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
207000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
604000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
11486000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1020000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
3295000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-11163000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-15246000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
15395000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-35488000 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
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33751000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23012000 usd
us-gaap Interest Paid Net
InterestPaidNet
5061000 usd
us-gaap Interest Paid Net
InterestPaidNet
5461000 usd
us-gaap Stock Issued1
StockIssued1
159000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
107000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
38000 usd
frevsob Dividends Declared But Not Paid
DividendsDeclaredButNotPaid
373000 usd
frevsob Dividends Declared But Not Paid
DividendsDeclaredButNotPaid
2235000 usd
frevsob Cash And Cash Equivalents
CashAndCashEquivalents
29429000 usd
frevsob Cash And Cash Equivalents
CashAndCashEquivalents
17757000 usd
frevsob Tenants Security Accounts
TenantsSecurityAccounts
921000 usd
frevsob Tenants Security Accounts
TenantsSecurityAccounts
978000 usd
frevsob Funds Held In Postclosing Escrow
FundsHeldInPostclosingEscrow
-189000 usd
frevsob Funds Held In Postclosing Escrow
FundsHeldInPostclosingEscrow
-883000 usd
us-gaap Escrow Deposits Related To Property Sales
EscrowDepositsRelatedToPropertySales
3212000 usd
frevsob Total Cash Cash Equivalents And Restricted Cash
TotalCashCashEquivalentsAndRestrictedCash
23012000 usd
us-gaap Nature Of Operations
NatureOfOperations
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 81pt; text-align: justify; text-indent: -81pt">Note 1 - Basis of presentation:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 81pt; text-align: justify; text-indent: -81pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">First Real Estate Investment Trust of New Jersey was organized on November 1, 1961 as a New Jersey Business Trust. On July 1, 2021, First Real Estate Investment Trust of New Jersey completed the change of its form of organization from a New Jersey real estate investment trust to a Maryland corporation (the “Reincorporation”) which was approved by its stockholders at the annual meeting of stockholders held on May 6, 2021. The Reincorporation changed the law applicable to First Real Estate Investment Trust of New Jersey’s affairs from New Jersey law to Maryland law and was accomplished by the merger of First Real Estate Investment Trust of New Jersey with and into its wholly owned subsidiary, First Real Estate Investment Trust of New Jersey, Inc. (“FREIT”, “Trust”, “us”, “we”, “our” or the “Company”), a Maryland corporation. As a result of the Reincorporation, the separate existence of First Real Estate Investment Trust of New Jersey has ceased and FREIT has succeeded to all the business, properties, assets and liabilities of First Real Estate Investment Trust of New Jersey. Holders of shares of beneficial interest in First Real Estate Investment Trust of New Jersey have received one newly issued share of common stock of FREIT for each share of First Real Estate Investment Trust of New Jersey that they own, without any action of stockholders required and all treasury stock held by First Real Estate Investment Trust of New Jersey was retired.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">FREIT is organized and will continue to operate in such a manner as to qualify for taxation as a REIT under the Internal Revenue Code of 1986, as amended, and its stock is traded on the over-the-counter market under the trading symbol FREVS.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The accompanying interim condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial statements and pursuant to the rules of the Securities and Exchange Commission (“SEC”). Accordingly, certain information and footnotes required by GAAP for complete financial statements have been omitted. It is the opinion of management that all adjustments considered necessary for a fair presentation have been included, and that all such adjustments are of a normal recurring nature.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The consolidated results of operations for the nine and three-month periods ended July 31, 2024 are not necessarily indicative of the results to be expected for the full year or any other period. The unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes included in FREIT’s Annual Report on Form 10-K for the year ended October 31, 2023.</p>
frevsob Dividends Declared But Not Paid
DividendsDeclaredButNotPaid
2235000 usd
frevsob Cash And Cash Equivalents
CashAndCashEquivalents
17757000 usd
frevsob Tenants Security Accounts
TenantsSecurityAccounts
978000 usd
frevsob Funds Held In Postclosing Escrow
FundsHeldInPostclosingEscrow
-189000 usd
frevsob Funds Held In Postclosing Escrow
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 81pt; text-align: justify; text-indent: -81pt">Note 1 - Basis of presentation:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 81pt; text-align: justify; text-indent: -81pt"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">First Real Estate Investment Trust of New Jersey was organized on November 1, 1961 as a New Jersey Business Trust. On July 1, 2021, First Real Estate Investment Trust of New Jersey completed the change of its form of organization from a New Jersey real estate investment trust to a Maryland corporation (the “Reincorporation”) which was approved by its stockholders at the annual meeting of stockholders held on May 6, 2021. The Reincorporation changed the law applicable to First Real Estate Investment Trust of New Jersey’s affairs from New Jersey law to Maryland law and was accomplished by the merger of First Real Estate Investment Trust of New Jersey with and into its wholly owned subsidiary, First Real Estate Investment Trust of New Jersey, Inc. (“FREIT”, “Trust”, “us”, “we”, “our” or the “Company”), a Maryland corporation. As a result of the Reincorporation, the separate existence of First Real Estate Investment Trust of New Jersey has ceased and FREIT has succeeded to all the business, properties, assets and liabilities of First Real Estate Investment Trust of New Jersey. Holders of shares of beneficial interest in First Real Estate Investment Trust of New Jersey have received one newly issued share of common stock of FREIT for each share of First Real Estate Investment Trust of New Jersey that they own, without any action of stockholders required and all treasury stock held by First Real Estate Investment Trust of New Jersey was retired.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">FREIT is organized and will continue to operate in such a manner as to qualify for taxation as a REIT under the Internal Revenue Code of 1986, as amended, and its stock is traded on the over-the-counter market under the trading symbol FREVS.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The accompanying interim condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial statements and pursuant to the rules of the Securities and Exchange Commission (“SEC”). Accordingly, certain information and footnotes required by GAAP for complete financial statements have been omitted. It is the opinion of management that all adjustments considered necessary for a fair presentation have been included, and that all such adjustments are of a normal recurring nature.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The consolidated results of operations for the nine and three-month periods ended July 31, 2024 are not necessarily indicative of the results to be expected for the full year or any other period. The unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related notes included in FREIT’s Annual Report on Form 10-K for the year ended October 31, 2023.</p>
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NetIncomeLossAttributableToNoncontrollingInterest
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NetIncomeLoss
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NetIncomeLoss
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