Property acquisition (Tables)

12 Months Ended

Oct. 31, 2016

Business Combinations [Abstract]

Schedule of unaudited pro forma information

The following unaudited pro forma information shows the results of operations for the fiscal year ended October 31, 2014 for FREIT and its Subsidiaries as though the Regency had been acquired at the beginning of Fiscal 2014:

	Year Ended October 31,
	2014
	(In Thousands of Dollars Except Per Share Amounts)
Revenue	$	44,016
Net expenses		40,033
Income from continuing operations		3,983
Income from discontinued operations		7
Gain on sale of discontinued operation		8,734
Net income		12,724
Net income attributable to noncontrolling interests in subsidiaries		(507	)
Net income attributable to common equity	$	12,217
Earnings per share - basic and diluted:
Continuing operations	$	0.50
Discontinued operations		1.27
Net income attributable to common equity	$	1.77
Weighted average shares outstanding - basic and diluted		6,908