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Fair value of long-term debt (Tables)
9 Months Ended
Jul. 31, 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 July 31, 2017 and October 31, 2016:

 

($ in Millions)  July 31, 2017   October 31, 2016 
         
Fair Value  $319.6   $331.3 
           
Carrying Value  $322.6   $327.2