Fair value of long-term debt (Tables)

3 Months Ended

Jan. 31, 2019

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, 2019 and October 31, 2018:

($ in Millions)	January 31, 2019		October 31, 2018
Fair Value	$	342.2	$	338.3
Carrying Value	$	346.2	$	347.0