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Fair value of long-term debt (Tables)
6 Months Ended
Apr. 30, 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 April 30, 2014 and October 31, 2013:

 

   April 30,   October 31, 
($ In Millions)  2014   2013 
           
Fair Value  $226.4   $201.9 
           
Carrying Value  $225.0   $199.4