Fair value of long-term debt (Tables)

9 Months Ended

Jul. 31, 2021

Fair Value Disclosures [Abstract]

Schedule of Estimated Fair Value and Carrying Value of Long-Term Debt

The following table shows the estimated fair value and net carrying value of FREIT Maryland’s long-term debt at July 31, 2021 and October 31, 2020:

($ in Millions)	July 31, 2021	October 31, 2020
Fair Value	$304.2	$311.4
Carrying Value, Net	$301.2	$305.4