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Fair value of long-term debt (Tables)
9 Months Ended
Jul. 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 July 31, 2018 and October 31, 2017:

 

($ in Millions)   July 31, 2018   October 31, 2017
         
Fair Value   $340.9   $317.8
         
Carrying Value   $347.8   $321.6