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COVID-19 Pandemic	12 Months Ended
Oct. 31, 2024
COVID-19 Pandemic [Abstract]
COVID-19 pandemic	Note 15 – COVID-19 pandemic: The international spread of COVID-19 was declared a global pandemic by the World Health Organization on March 11, 2020. Beginning in March 2020 and throughout most of 2020, many states in the U.S., including New Jersey, New York and Maryland, where our properties were located, implemented stay-at-home and shut down orders for all "non-essential" business and activity in an aggressive effort to mitigate the spread of COVID-19. In Fiscal 2023, our retail properties stabilized from the impact of the COVID-19 pandemic. For the fiscal year ended October 31, 2022, rental revenue deemed uncollectible of approximately $0.6 million (FREIT’s share is approximately $0.3 million) was classified as a reduction in rental revenue based on our assessment of the probability of collecting substantially all of the remaining rents for certain tenants. On a case by case basis, FREIT offered some commercial tenants rent abatements totaling approximately $9,000 (FREIT’s share is approximately $9,000) for the fiscal year ended October 31, 2022. As a result of the negative impact of the COVID-19 pandemic at our commercial properties, in Fiscal 2020 we were granted debt payment relief from certain of our lenders on such properties in the form of deferral of principal and/or interest payments for a three-month period, resulting in total deferred payments of approximately $1,013,000, which will become due at the maturity of the loans. As of October 31, 2024 and 2023, approximately $623,000 and $623,000, respectively, of this amount has been repaid, there will be no further deferrals of principal and/or interest payments on these loans and the balance due has been included in mortgages payable on the consolidated balance sheets as of October 31, 2024 and 2023. (See Note 5)

COVID-19 Pandemic

12 Months Ended

Oct. 31, 2024

Note 15 – COVID-19 pandemic:

The international spread of COVID-19 was declared a global pandemic by the World Health Organization on March 11, 2020. Beginning in March 2020 and throughout most of 2020, many states in the U.S., including New Jersey, New York and Maryland, where our properties were located, implemented stay-at-home and shut down orders for all "non-essential" business and activity in an aggressive effort to mitigate the spread of COVID-19. In Fiscal 2023, our retail properties stabilized from the impact of the COVID-19 pandemic. For the fiscal year ended October 31, 2022, rental revenue deemed uncollectible of approximately $0.6 million (FREIT’s share is approximately $0.3 million) was classified as a reduction in rental revenue based on our assessment of the probability of collecting substantially all of the remaining rents for certain tenants. On a case by case basis, FREIT offered some commercial tenants rent abatements totaling approximately $9,000 (FREIT’s share is approximately $9,000) for the fiscal year ended October 31, 2022.

As a result of the negative impact of the COVID-19 pandemic at our commercial properties, in Fiscal 2020 we were granted debt payment relief from certain of our lenders on such properties in the form of deferral of principal and/or interest payments for a three-month period, resulting in total deferred payments of approximately $1,013,000, which will become due at the maturity of the loans. As of October 31, 2024 and 2023, approximately $623,000 and $623,000, respectively, of this amount has been repaid, there will be no further deferrals of principal and/or interest payments on these loans and the balance due has been included in mortgages payable on the consolidated balance sheets as of October 31, 2024 and 2023. (See Note 5)