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Fair value of long-term debt (Tables)
9 Months Ended
Jul. 31, 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 July 31, 2016 and October 31, 2015:

 

($ in Millions)  July 31, 2016   October 31, 2015 
         
Fair Value  $329.8   $313.5 
           
Carrying Value  $320.8   $304.8