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Fair value of long-term debt (Tables)
3 Months Ended
Jan. 31, 2020
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 net carrying value of FREIT’s long-term debt at January 31, 2020 and October 31, 2019:

 

($ in Millions)   January 31, 2020   October 31, 2019
         
Fair Value   $353.9   $352.9
         
Carrying Value, Net $349.1   $349.9