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Fair value of long-term debt (Tables)
6 Months Ended
Apr. 30, 2016
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, 2016 and October 31, 2015:

 

($ in Millions)   April 30, 2016   October 31, 2015
         
Fair Value   $325.9   $313.5
         
Carrying Value   $318.5   $304.8