Fair value of long-term debt (Tables)

6 Months Ended

Apr. 30, 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’s long-term debt at April 30, 2022 and October 31, 2021:

($ in Millions)	April 30, 2022	October 31, 2021
Fair Value	$131.8	$301.6
Carrying Value, Net	$136.1	$299.9