Fair value of long-term debt (Tables)

3 Months Ended

Jan. 31, 2022

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 Maryland’s long-term debt at January 31, 2022 and October 31, 2021:

($ in Millions)	January 31, 2022	October 31, 2021
Fair Value	$136.5	$301.6
Carrying Value, Net	$136.5	$299.9