This paper demonstrates the close conceptual relationships between time domain and frequency domain approaches to identification of modal parameters for linear systems. A frequency domain eigensystem realization algorithm, via transfer functions, is developed using a known procedure formulated for a time domain eigensystem realization algorithm, via free decay measurement data. An important feature is the capability of windowing to concentrate analysis on the frequency range of interest. The procedure of overlap averaging is used to produce smoother spectra to reduce the effect of noise on identified modal parameters. Examples from simulation and experiments are given to illustrate the validity of formulations derived in the paper.