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Fair value of long-term debt (Tables)
3 Months Ended
Jan. 31, 2018
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 January 31, 2018 and October 31, 2017:

 

($ in Millions)  January 31, 2018   October 31, 2017 
         
Fair Value  $344.6   $317.8 
           
Carrying Value  $351.1   $321.6