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Fair value of long-term debt (Tables)
6 Months Ended
Apr. 30, 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 April 30, 2020 and October 31, 2019:

 

($ in Millions)   April 30, 2020   October 31, 2019
         
Fair Value   $309.6   $352.9
         
Carrying Value, Net $301.1   $349.9