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Fair value of long-term debt (Tables)
6 Months Ended
Apr. 30, 2017
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, 2017 and October 31, 2016:

 

($ in Millions)  April 30, 2017   October 31, 2016 
         
Fair Value  $328.9   $331.3 
           
Carrying Value  $331.2   $327.2