Fair value of long-term debt (Tables)

9 Months Ended

Jul. 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’s long-term debt at July 31, 2022 and October 31, 2021:

($ in Millions)	July 31, 2022	October 31, 2021
Fair Value	$136.8	$301.6
Carrying Value, Net	$138.3	$299.9