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Fair value of long-term debt (Tables)
3 Months Ended
Jan. 31, 2014
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 carrying value of FREIT’s long-term debt at January 31, 2014 and October 31, 2013:

    January 31,     October 31,  
($ In Millions)   2014     2013  
             
Fair Value   $ 227.1     $ 201.9  
                 
Carrying Value   $ 225.9     $ 199.4