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Significant accounting policies
9 Months Ended
Jul. 31, 2011
Significant accounting policies [Abstract]  
Significant accounting policies
Note 2 - Significant accounting policies:
 
Real estate development costs:
It is FREIT's policy to capitalize pre-development costs, which generally include legal and professional fees and other directly related third-party costs. Real estate taxes and interest costs incurred during the development and construction phases are also capitalized. FREIT ceases capitalization of these costs, when the project or portion thereof becomes operational, or when construction has been postponed. Capitalization of these costs will recommence once construction on the project resumes.