Fair value of long-term debt (Tables)

9 Months Ended

Jul. 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 July 31, 2020 and October 31, 2019:

($ in Millions)	July 31, 2020	October 31, 2019
Fair Value	$309.2	$352.9
Carrying Value, Net	$300.7	$349.9