Investment in Tenancy-in-Common (Tables)

12 Months Ended

Oct. 31, 2025

Investment in Tenancy-in-Common [Abstract]

Schedule of Balance Sheets of the Pierre Towers Property

The following table summarizes the balance sheets of the Pierre Towers property as of October 31, 2025 and 2024, accounted for by the equity method:

	October 31,		October 31,
	2025		2024
	(In Thousands of Dollars)
Real estate, net	$	71,928	$	72,707
Cash and cash equivalents		335		1,442
Tenants' security accounts		563		528
Receivables and other assets		575		556
Total assets	$	73,401	$	75,233
Mortgages payable, net of unamortized debt issuance costs	$	46,173	$	47,362
Accounts payable and accrued expenses		480		229
Tenants' security deposits		562		529
Deferred revenue		152		172
Equity		26,034		26,941
Total liabilities & equity	$	73,401	$	75,233
FREIT's investment in TIC (65% interest)	$	16,922	$	17,512

Schedule of Statements of Operations of the Pierre Towers Property

The following table summarizes the statements of operations of the Pierre Towers property for the fiscal years ended October 31, 2025, 2024 and 2023, accounted for by the equity method:

	Years Ended October 31,
	2025			2024			2023
	(In Thousands of Dollars)
Revenue	$	8,669		$	8,591		$	8,278
Operating expenses		(5,141	)		(4,977	)		(4,893	)
Depreciation		(2,270	)		(2,235	)		(2,212	)
Operating income		1,258			1,379			1,173
Interest income		56			82			—
Sinatra expenses due to FREIT		—			(166	)		—
Interest expense including amortization of deferred financing costs		(1,521	)		(1,556	)		(1,590	)
Net loss	$	(207	)	$	(261	)	$	(417	)
FREIT's loss on investment in TIC (65% interest)	$	(135	)	$	(170	)	$	(271	)